Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Lack of Skilled Professionals and Compliance Pressure Drive MSS Adoption
save 10 %
* Required Fields
Pay by invoice
The Association of Southeast Asian Nations (ASEAN) region has been one of the fastest growing digital economies in Asia-Pacific, driven by various government initiatives supporting digitalization. Rapid increase in the use of the Internet and advances in technology have significantly contributed to the growth of a digital economy in the region. However, the accelerating pace of digital transformation has also exposed the region to increased security risks and vulnerabilities. To addresses these challenges, the Thai and Vietnamese governments introduced the Cybersecurity Act in 2019. Following the introduction of the European Union (EU) General Data Protection Regulation (GDPR) in 2018, many ASEAN countries have started to review their data security policies. Thailand introduced its Personal Data Protection Act in 2019 (which came into effect in May 2019). Malaysia and the Philippines are rolling out their strategic initiatives to improve cyber resilience. These initiatives significantly drive security investments in the region.Faced with growing pressure to ensure compliance with stringent regulations, enterprises are increasingly looking to partner with industry experts such as managed security service providers (MSSPs) to better manage their security operations while embarking on a digital transformation journey. Looking ahead, there will be a rising need for enterprises to engage MSSPs under a hybrid model. A combination of both hosted security services and customer-premises equipment (CPE)-based management and monitoring services can help improve security operations, providing businesses with greater flexibility and efficiency.In addition to providing a market growth analysis, this study highlights the key drivers in the managed security services market. These include: persistent lack of cybersecurity professionals; proliferation of cyberattacks and a growing threat landscape for enterprises and governments; growing risk and security awareness among end users in the APAC region; and government support for cybersecurity development and adoption.Market trends are analyzed from 2017 to 2023, taking 2018 as the base year. MSS is the key focus area of this study. The vertical segmentation includes government; banking, financial services, and insurance (BFSI); service provider; manufacturing; education; and other sectors (including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITES, eGaming, eCommerce, and BPOs).Companies mentioned in the total MSS market's competitive landscape include BT, CAT Cyfence, DXC Technology, Ensign, IBM Security, NTT, Orange, Symantec, Tata Communications, TM ONE, Trustwave, and other smaller MSSPs. The countries included in this study are Singapore, Malaysia, Indonesia, Philippines, Thailand, and Vietnam.
Key Issues Addressed
GROWTH OPPORTUNITIES IN CLOUD-, AUTHENTICATION-, AND AI-BASED SECURITY INNOVATIONS
Rising Demand for Digital Technologies Accelerates Asia-Pacific Business Process Management (BPM) Services Market Growth
US SD-WAN End User Survey Analysis, 2021
Global Retail Artificial Intelligence (AI) Growth Opportunities
Navigating Digital Transformation Through COVID-19 and Beyond, Asia-Pacific
GROWTH OPPORTUNITIES IN MACHINE LEARNING, IOT, AND DISTRIBUTED DATABASE
State of the Asia-pacific Customer Contact Industry—The Covid-19 Pandemic has Accelerated CX Investments
GROWTH OPPORTUNITIES IN CLOUD- AND AI-BASED SECURITY INNOVATIONS
Digital Investments in Healthcare Through COVID-19 and Beyond
GROWTH OPPORTUNITIES IN AI, AUGMENTED INTELLIGENCE, AND ANALYTICS
flexible packaging market
video analytics market
smart meter market
cardiovascular devices market
power electronics market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.