Market Research Reports

The global managed security market was valued at $16.6 billion in 2016, and is projected to reach $56.4 billion by 2024, having a CAGR of 16.6% during the forecast period of 2017 to 2024. Market Segmentation Global managed security services market is segmented based on application, deployment type, organization size, industry vertical and geography. By application global managed security services market is segmented as IPS & IDS, Distributed denial of services, Unified threat management, Secured information & event, Endpoint security, Firewall management and Others. Based on deployment type, the market is segmented into on-premises and cloud models. Based on organization size, the market is segmented into small and medium sized businesses (SMBs) and large enterprises. Major industry verticals are BFSI, retail, telecommunications and IT, government, healthcare and others. Geographically, the market is segmen...

The value of Managed Security Services (MSS) was realized in the beginning f the 20 th century when corporations began revolutionizing their business operations with digitalized solutions. The years following marked the advent of better work-tracking methods, improved IT infrastructures and more linked automated operations. This meant that there was data being transferred over newer channels and needed to be secured urgently to prevent a leak of any critical data. This was the global scenario, but why specifically should developed security models gain traction in Saudi Arabia? Importance of MSS in Saudi Arabia According to technology market research reports , business in the Gulf region is highly prone to cyber-attacks. It is as attractive to cybercriminals as to investors. Saudi Arabia’s healthy economy makes it the most impacted region in terms of ransomware and cybercrime activities. As the world’s largest oil producer, it harbors some of the Gulf’s largest compa...

Saudi Arabia Managed Security Services Market by Deployment Mode, By Application, By End User Sector, Competition Forecast & Opportunities, 2023, Managed Security Services (MSS) market is projected to grow at a CAGR of more than 18% by 2023. Moreover, increasing demand to reduce CAPEX & OPEX coupled with alarming increase in the incidences of cybercrimes are some of the other factors that would aid the MSS market in Saudi Arabia over the coming years. Some of the major players operating in Saudi Arabia Managed Security Services market are Injazat Data Systems LLC, Saudi Telecom Company, IBM Corporation, Wipro Arabia Limited, HP Services Saudi Arabia, TCS, Etihad Etisalat Co., Arabic Computer Systems Ltd, Cisco Systems Inc, and Symantec Security Services Holding Ltd., among others. Why You Should Buy This Report? To gain an in-depth understanding of managed security services market in Saudi Arabi...