USD
GBP
CNY
EUR
INR
JPY
MYR
ZAR
KRW
THB
Asia-Pacific Managed Security Services Market, Forecast to 2021
Asia-Pacific Managed Security Services Market, Forecast to 2021
Pressure to Reduce Operational Costs Driving MSS Adoption
14-Feb-2018
Asia Pacific
$15,000.00
Special Price $11,250.00 save 25 %
Description
In 2016, the Asia-Pacific (APAC) managed security services (MSS) market maintained a strong growth momentum. New security challenges caused by the evolving threat landscape, such as ransomware, zero-day and targeted attacks, and compromised Internet of Things (IoT) are driving enterprises to invest more in risk management tools to gain cyber resilience. The increasing adoption of emerging technologies to facilitate digital transformation is also adding more security pressure for organizations. Many organizations are migrating applications, network infrastructure, and services into the cloud, which is causing a higher security concern. Majority of the businesses are facing a shortage of security professionals, skills, and expertise to cope with the new types of security challenges, which is driving them to outsource their daily security operations to MSSPs. With the shift from capital expenditure (CapEx) to operational expenditure (OpEx) continuing to take place among businesses, the adoption of MSS is expected to increase in the region. Many of the firms are shifting away from traditional IT management to more of an outsourcing-centric model to focus on revenue-generating business processes.
In addition to market growth analysis, the study highlights the driving forces of the managed security services (MSS) market. The shortage of cyber security professionals with strong expertise was the top factor driving enterprises to engage with MSSPs to help them cope with new security challenges. The evolution of advanced threats continued to cause greater operational pressure on companies, driving them to look at MSSPs to reduce the pressure and better security threat management. The introduction and amendment of cyber security laws and regulations are urging companies to focus more on regulatory compliance. The shift from CapEx to OpEx continued to take place across the APAC region, prompting companies to outsource parts of their security practices to focus more on the revenue-generating operations.
Market trends have been analyzed for the period 2015 to 2021, with 2016 as the base year. Hosted security services (HSS) and customer-premises equipment (CPE)-based management and monitoring services are the key service segments in this study. Vertical segmentation includes the government, banking, financial services, and insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, Information Technology (IT)/ IT-enabled services (ITeS), eGaming, eCommerce, and business process outsourcing (BPO).
Companies mentioned in the MSS vendor analysis include NTT, IBM Security, Singtel Cyber Security, Verizon, NRI Secure, Telstra, LAC, SK Infosec, Symantec, Orange Business Services, Quann, BT, Tata Communications, Secureworks, NEC, AhnLab, IGLOO SECURITY, StarHub, CITIC Telecom CPC, Venustech, Tech Mahindra, and VADS. The countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea.
Key Issues Addressed
- Is the MSS market growing? How long will it continue to grow, and at what rate?
- Are the existing competitors structured well to meet customer needs?
- What were the key services that were adopted the most by customers in the region in 2016?
- How was the competitive landscape in Asia-Pacific?
- Will MSSPs be replaced by the new trends, such as in-sourcing and cloud-based security services?
- How will the market be shaped in the next 5 years?
RESEARCH: INFOGRAPHIC
This infographic presents a brief overview of the research, and highlights the key topics discussed in it.Click image to view it in full size
Table of Contents
Key Findings
Key Findings (continued)
Market Engineering Measurements
Market Engineering Measurements (continued)
CEO’s Perspective
Market Definitions
Market Definitions (continued)
Market Definitions (continued)
Key Questions this Study will Answer
Market Segmentation
Geographical Coverage
Percent Revenue Breakdown by Region
Market Drivers
Drivers Explained
Drivers Explained (continued)
Market Restraints
Restraints Explained
Restraints Explained (continued)
Forecast Assumptions
Asia-Pacific—Revenue Forecast
Asia-Pacific—Percent Revenue Forecast by Segment
Asia-Pacific—Revenue Forecast by Segment
Asia-Pacific—Revenue Forecast Discussion
Asia-Pacific—Percent Revenue Forecast by Region
Asia-Pacific—Revenue Forecast Discussion by Region
Asia-Pacific—Revenue Forecast Discussion by Region (continued)
Asia-Pacific—Revenue Forecast Discussion by Region (continued)
Asia-Pacific—Percent Revenue Breakdown by Vertical
Asia-Pacific—Percent Revenue Breakdown by Horizontal
Overall Competitive Analysis
Competitive Environment
Growth Opportunity 1—Growing Need for User Entity and Behavior Analytics (UEBA) Services
Growth Opportunity 2—Data Product-as-a-Service: The Rise of Threat Intelligence Services
Growth Opportunity 3—Moving Toward a Predictive Model for MSS
Growth Opportunity 4—Securing the OT Environment Beyond IT
Growth Opportunity 5—Advisory-led MSS to Align Cyber Security with Business Requirements
5 Major Growth Opportunities
Strategic Imperatives for Success and Growth
ANZ—Key Findings
ANZ—Market Engineering Measurements
ANZ—Market Engineering Measurements (continued)
ANZ—Revenue Forecast
ANZ—Percent Revenue Forecast by Segment
ANZ—Revenue Forecast by Segment
ANZ—Revenue Forecast Discussion by Segment
ANZ—Percent Revenue Forecast by Country
ANZ—Revenue Forecast Discussion by Country
ANZ—Revenue Forecast Discussion by Country (continued)
Competitive Analysis
Competitive Environment
ASEAN—Key Findings
ASEAN—Market Engineering Measurements
ASEAN—Market Engineering Measurements (continued)
ASEAN—Revenue Forecast
ASEAN—Percent Revenue Forecast by Segment
ASEAN—Revenue Forecast by Segment
ASEAN—Revenue Forecast Discussion by Segment
ASEAN—Percent Revenue Forecast by Country
ASEAN—Revenue Forecast Discussion by Region
ASEAN—Revenue Forecast Discussion by Region (continued)
Competitive Analysis
Competitive Environment
GCR—Key Findings
GCR—Market Engineering Measurements
GCR—Market Engineering Measurements (continued)
GCR—Revenue Forecast
GCR—Percent Revenue Forecast by Segment
GCR—Revenue Forecast by Segment
GCR—Revenue Forecast Discussion by Segment
GCR—Percent Revenue Forecast by Country
GCR—Revenue Forecast Discussion by Country
GCR—Revenue Forecast Discussion by Country (continued)
Competitive Analysis
Competitive Environment
India—Key Findings
India—Market Engineering Measurements
India—Market Engineering Measurements (continued)
India—Revenue Forecast
India—Percent Revenue Forecast by Segment
India—Revenue Forecast by Segment
India—Revenue Forecast Discussion by Segment
Competitive Analysis
Competitive Environment
Japan—Key Findings
Japan—Market Engineering Measurements
Japan—Market Engineering Measurements (continued)
Japan—Revenue Forecast
Japan—Percent Revenue Forecast by Segment
Japan—Revenue Forecast by Segment
Japan—Revenue Forecast Discussion by Segment
Competitive Analysis
Competitive Environment
South Korea—Key Findings
South Korea—Market Engineering Measurements
South Korea—Market Engineering Measurements (continued)
South Korea—Revenue Forecast
South Korea—Percent Revenue Forecast by Segment
South Korea—Revenue Forecast by Segment
South Korea—Revenue Forecast Discussion by Segment
Competitive Analysis
Competitive Environment
Availability and Completeness of MSS Offerings
Country/Region Legend for SOCs
NTT—Overview
IBM Security—Overview
Singtel Cyber Security (Powered by Trustwave)—Overview
Verizon—Overview
NRI Secure—Overview
Telstra—Overview
LAC—Overview
SK Infosec—Overview
Symantec—Overview
Orange Business Services—Overview
Quann—Overview
BT—Overview
Tata Communications—Overview
Secureworks—Overview
NEC—Overview
AhnLab—Overview
IGLOO SECURITY—Overview
StarHub—Overview
CITIC Telecom CPC—Overview
Venustech—Overview
Tech Mahindra—Overview
VADS—Overview
List of Security Services and Vendor Partnerships
List of MSSP Pricing Models in APAC
The Last Word—Predictions
Legal Disclaimer
List of Exhibits
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
List of Exhibits (continued)
Market Engineering Methodology
Market Engineering Measurements
Market Engineering Measurements (continued)
Popular Topics
| No Index | No |
|---|---|
| Podcast | No |
| Author | Vu Anh Tien |
| Industries | Information Technology |
| WIP Number | P9E2-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9532-C1,9702-C1,9705-C1 |