ASEAN Managed Security Services Market, Forecast to 2021
ASEAN Managed Security Services Market, Forecast to 2021
Pressure to Reduce Operational Costs Driving MSS adoption
14-Feb-2018
Asia Pacific
$4,950.00
Special Price $3,712.50 save 25 %
Description
The MSS market in ASEAN continued its tremendous growth momentum, as it grew strongly by 22.3% on a year-on-year (YoY) basis. ASEAN was the second- fastest growing market, following India, which grew by 24.1%. ASEAN businesses continued to invest significantly in cyber security measures in the wake of rising advanced cyber threats. Increase in the number of security solutions, growing complexity of infrastructure, and shortage of cyber security experts drove many of these enterprises to outsource security operations to MSSPs for better threat visibility, security device management, threat monitoring and detection, and incident response. Other industries, including healthcare, utility, technology, and energy were also seen to be more open to the service model during the year. Investment in critical infrastructure protection services is set to increase significantly in the next 5 years.
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 ASEAN MSS vendor analysis include NTT, IBM Security, Singtel Cyber Security, BT, Symantec, Orange Business Services, Quann, Tata Communications, StarHub, and VADS. The countries included in this study are Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
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 ASEAN?
- 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?
Table of Contents
Market Definitions
Market Segmentation
Geographical Coverage
ASEAN—Key Findings
ASEAN—Market Engineering Measurements
ASEAN—Revenue Forecast
ASEAN—Percent Revenue Forecast by Segment
ASEAN—Revenue Forecast by Segment
ASEAN—Percent Revenue Forecast by Country
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
Availability and Completeness of MSS Offerings
Country/Region Legend for SOCs
NTT—Overview
IBM Security—Overview
Singtel Cyber Security (Powered by Trustwave)—Overview
BT—Overview
Symantec—Overview
Orange Business Services—Overview
Quann—Overview
Tata Communications—Overview
StarHub—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
Market Engineering Methodology
- 1. MSS Market: Market Engineering Measurements, ASEAN, 2016
- 2. MSS Market: Revenue Forecast by Segment, ASEAN, 2015–2021
- 3. MSS Market: Competitive Structure, ASEAN, 2016
- 4. MSS Market: Availability and Completeness of MSS Offerings
- 1. Total MSS Market: Customer Segmentation, APAC, 2016
- 2. MSS Market: Regional Coverage, ASEAN, 2016
- 3. MSS Market: Revenue Forecast, ASEAN, 2015–2021
- 4. MSS Market: Percent Revenue Forecast by Segment, ASEAN, 2015–2021
- 5. MSS Market: Percent Revenue Forecast by Country, ASEAN, 2016 and 2021
- 6. MSS Market: Percent of Revenue, ASEAN, 2016
Popular Topics
No Index | No |
---|---|
Podcast | No |
Table of Contents | | Market Overview~ || Market Definitions~ || Market Segmentation~ || Geographical Coverage~ | Forecasts and Trends~ || ASEAN—Key Findings~ || ASEAN—Market Engineering Measurements~ || ASEAN—Revenue Forecast~ || ASEAN—Percent Revenue Forecast by Segment~ || ASEAN—Revenue Forecast by Segment~ || ASEAN—Percent Revenue Forecast by Country~ | Market Share and Competitive Analysis~ || Competitive Analysis~ || Competitive Environment~ | Growth Opportunities and Companies to Action~ || 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~ | Managed Security Services—Vendor Analysis~ || Availability and Completeness of MSS Offerings~ || Country/Region Legend for SOCs~ || NTT—Overview~ || IBM Security—Overview~ || Singtel Cyber Security (Powered by Trustwave)—Overview~ || BT—Overview~ || Symantec—Overview~ || Orange Business Services—Overview~ || Quann—Overview~ || Tata Communications—Overview~ | Other Notable Managed Security Service Providers~ || StarHub—Overview~ || VADS—Overview~ || List of Security Services and Vendor Partnerships~ || List of MSSP Pricing Models in APAC~ | The Last Word~ || The Last Word—Predictions~ || Legal Disclaimer~ | Appendix~ || List of Exhibits~ || Market Engineering Methodology~ |
List of Charts and Figures | 1. MSS Market: Market Engineering Measurements, ASEAN, 2016~ 2. MSS Market: Revenue Forecast by Segment, ASEAN, 2015–2021~ 3. MSS Market: Competitive Structure, ASEAN, 2016~ 4. MSS Market: Availability and Completeness of MSS Offerings~| 1. Total MSS Market: Customer Segmentation, APAC, 2016~ 2. MSS Market: Regional Coverage, ASEAN, 2016 ~ 3. MSS Market: Revenue Forecast, ASEAN, 2015–2021~ 4. MSS Market: Percent Revenue Forecast by Segment, ASEAN, 2015–2021~ 5. MSS Market: Percent Revenue Forecast by Country, ASEAN, 2016 and 2021~ 6. MSS Market: Percent of Revenue, ASEAN, 2016~ |
Author | Vu Anh Tien |
Industries | Information Technology |
WIP Number | 4K40-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9532-C1,9702-C1,9705-C1 |