Factors such as an increase in adoption of cloud-based services and increasing adoption of HPC systems by businesses and enterprises will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The managed security services market is fragmented, and the degree of fragmentation will accelerate during the forecast period.
Managed Security Services Market 2021-2025: Vendor Analysis and Scope Some of the major vendors of the managed security services market in the IT consulting & other services industry include Accenture Plc, ASGN Inc., AT and T Inc., Atos SE, BAE Systems Plc, Cisco Systems Inc., Dell Technologies Inc., Sysnet Global Solutions, and Tata Consultancy Services Ltd. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market.
The growing need to improve security is likely to emerge as one of the primary drivers of the market. However, factors such as chances of failure during implementation may threaten the growth of the market.
CAGR of the market during the forecast period 2021-2025
Detailed information on factors that will assist managed security services market growth during the next five years
Estimation of the managed security services market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the managed security services market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of managed security services market vendors
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Managed Security Services Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of about 14%
Market growth 2021-2025
USD 27.01 billion
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 32%
Key consumer countries
US, China, Germany, Japan, Canada, and UK
Leading companies, competitive strategies, consumer engagement scope
Accenture Plc, ASGN Inc., AT and T Inc., Atos SE, BAE Systems Plc, Cisco Systems Inc., Dell Technologies Inc., Sysnet Global Solutions, and Tata Consultancy Services Ltd.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
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