The overall Japanese managed security services (MSS) market experienced a solid growth rate of 11.6% on a year-on-year (YoY) basis, generating a total revenue of $548.6 million in 2015. The market was greatly driven by the increasing number of data breach incidents during 2015, which prompted enterprises to pay greater attention to cyber security practices. Furthermore, enterprises continued to shift from CapEx and OpEx to minimize their spending and prioritize on other business areas. Last but not the least, the lack of manpower and skillsets related to cyber security was also another important driver for the market as, with the dynamically changing threat landscape, businesses found them not to have sufficient time to invest and educate their own staff about security day by day. As a result, many businesses preferred to look to outsource cyber security services to MSSPs for better threat detection and protection as well as business service availability capabilities.
End-user scope: Enterprise horizontals (large businesses and small and medium businesses) and Enterprise verticals (BFSI [banking, financial services, and insurance], manufacturing, government, education, service providers, and others).
Market overview and adoption trends, market forecast (2015-2020), drivers and restraints, market share and competitive analysis, growth opportunities and call to action, regional breakdown analysis and MSS vendor analysis have also been provided for the Japanese MSS market.
What makes Frost & Sullivan's deliverables unique?
Frost & Sullivan’s cyber security reports offer insights into the latest technologies to improve companies’ cyber security posture. The research team performs in-depth studies of the latest threat techniques, interviews threat researchers, and involves security experts in the studies.
Comprehensive market analysis is done for the following sectors:
BFSI (banking, financial services, and insurance), manufacturing, government, education, service providers, and others (including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITeS, utilities, e-Commerce, and BPO).
Key Questions Answered
• Is the MSS market growing in Japan? How long will it continue to grow, and at what rate?
• Are the existing market participants structured correctly to meet customer needs?
• Will MSS continue to exist, or will other solutions and services take its place?
• How will the structure of the market change with time?
• Will the services replace the product markets?
• What is the market demand for new services such as forensic and incident response?