|[June 24, 2014]
Research and Markets: Global Managed Security Services Market 2014-2018 with AT&T, Dell, IBM, Symantec & Verizon Communications Dominating
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/q6qqx4/global_managed)
has announced the addition of the "Global
Managed Security Services Market 2014-2018" report to their
The Global Managed Security Services market will grow at a CAGR of
16.52% during the period 2013-2018.
One of the major drivers is the need to improve the quality of
protection. Because of the increase in the frequency of attacks,
organizations are implementing managed security services that help in
monitoring and providing better protection. The quality of protection
can also be enhanced by outsourcing security responsibilities to MSSPs
that have core expertise in this field. Hence, more end-users are
adopting managed security services, a trend which is propelling the
growth of the market.
With the various advantages of adopting cloud services such as lower
cost and ease of installation and operations, SMEs prefer cloud services
to other security service offerings. Also, even large enterprises that
are already using CPE-based managed security services are switching to
the cloud model. Thus, seeing the increasing demand for and increased
popularity of cloud-based offerings, many vendors in the Global Managed
Security Services market are offering cloud-based services. For
instance, specialized cloud service providers such as MessageLabs (part
of Symantec), Postini (News - Alert) (acquired by Google Inc.), and Zscaler provide
Further, the report states that one of the major challenges faced by the
market is the high cost of implementation. Despite the potential
benefits, certain organizations refrain from investing in managed
security services because of the high costs associated with it. Also,
there are certain hidden costs involved in the maintenance of managed
security services. This will make end-users reluctant to adopt them,
thus affecting the growth of the market.
IBM (News - Alert) Corp.
Verizon Communications Inc.
Other Prominent Vendors
Bell Canada (News - Alert) Inc.
BT Global Services Ltd.
CentraComm Communications Ltd
Check Point Software Technologies Ltd.
CGI Group Inc.
Computer Sciences (News - Alert) Corporation
FishNet Consulting Inc.
Getronics USA Inc.
Lockheed Martin (News - Alert) Corp.
Tata Communications Ltd.
Trustwave Holdings Inc.
Wipro Technology Services Ltd.
For more information visit http://www.researchandmarkets.com/research/q6qqx4/global_managed
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