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Network firewalls are one of the oldest solution categories in the cybersecurity market. Much like firewalls that isolate parts of a building to prevent the spread of fire, network firewalls emerged to separate organizations' private networks from the public internet. Early firewalls enabled organizations to inspect incoming and outgoing traffic. O...

Cyberadversaries use sophisticated technologies to launch advanced and targeted attacks against organizations. As a result, organizations must proactively identify security blind spots to prevent significant damage. At the same time, security control validation takes time when organizations resort to traditional methodologies such as penetratio...

The APAC network security market witnessed a slower YoY growth of 7.8% in Q3, 2021, when compared to the double-digit YoY growth of 16.7% the previous quarter; this indicates a steady post-crisis recovery and shift out of the market’s strong rebound phase. The firewall segment remained the biggest technology segment driving the overall network secu...

The Asia-Pacific web application firewall (WAF) solutions market experienced growth at a healthy 22.4% year-over-year rate in 2019 driven by high adoption from both the on-premises and cloud-based deployment segments. Particularly for cloud-based deployment, the rapid growth of this segment will lead it to achieve parity with the on-premises segmen...

The Video Surveillance Market in India is rapidly growing, with enterprises and consumers realizing the importance of surveillance to ensure a safe environment and thus creating demand in both the organized and unorganized sectors of the market. However, it is a highly fragmented market with a large number of Original Equipment Manufacturers (OEMs...

Business productivity practices have changed dramatically over the past several years. This is attributed to the move to a remote workforce and the accelerated digital transformation of enterprises. Communication is an essential component of business efficiency. Enterprise messaging integrates different types of virtual communication required for b...

18 Jun 2021  |  Global  |  Market Research

European Managed & Professional Security Services Market

Partnering with MSS/PSS Vendors to Advance Security Maturity

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The shortage of experienced cybersecurity specialists in Europe has long been an obstacle for organizations in the region making the expansion of in-house teams challenging and costly. The result is more organizations are turning to MSS/PSS companies with economies of scale that can provide experienced cybersecurity professionals, access to cutting...

The sophistication of cyber threats, the growing attack surface, and the cybersecurity talent shortage are the strongest drivers of demand for managed security services. In addition, there is an overdue need for organizations to transform their security practices. An outsider with experience serving multiple clients across several verticals is well...

10 Jul 2019  |  Global  |  Market Research

Global Managed & Professional Security Services Market, Forecast to 2023

Robust Market Growth Gives Way to Moderation

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Growth and diversity are prominently on display in the global managed & professional security services market. In terms of revenue, the market grew a significant 18.3% from 2017 to 2018. While all providers Frost & Sullivan evaluated experienced material growth, growth varied. For example, the Top 5 providers, accounting for 42% of the global mar...