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
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 In-house Cybersecurity Skills Drives MSS Adoption
* Required Fields
Pay by invoice
In 2017, the Japanese MSS market witnessed a healthy growth of 7.6% on a YoY basis. The Japanese market continued to be the largest contributor in APAC, accounting for 32.3% of the market share in the APAC region.CPE-based management/monitoring service (MMS) segment contributed to a majority of the share in 2017, with a YoY growth of 6.6%. While the HSS segment led the Japanese MSS market with a higher growth than MMS on a YoY basis, even though, its revenue contribution was smaller than MMS.Currently, organizations are increasing the deployment of mobile devices to improve their working efficiency and flexibility. This will be a new area of consideration for cybersecurity.Some of the key players in the Japanese MSS market include NRI Secure, NTT, IBM, LAC, MBSD, and Unisys. The top three players in the market captured a share of 25.0%. There are both local and global MSSPs operating in the Japanese market.In terms of verticals, BFSI was the top spender in 2017, accounting for a market share of 28.2% among verticals. Manufacturing and government verticals were the other key spenders in the Japanese MSS market.The Japanese MSS market is expected to register a healthy CAGR of 10.9% by 2022. Japan is expected to be the largest MSS revenue contributor in the APAC region over the next five years. MMS is expected to be the major revenue contributing segment until the end of the forecast period. The Tokyo Olympic Games will be the key driver for the uptake of MSS solutions across Japanese enterprises. In the past, several countries that hosted the Olympic Games—England in 2012; Brazil in 2016; and Korea in 2018—witnessed, cyberattacks from hackers. Thus, Japanese enterprises are expected to spend more on cyber protection in the coming years. The lack of cybersecurity talent across Japanese enterprises will also drive the MSS market in Japan. Cybersecurity investment is not only specific to IT environment. Cyberattacks are also increasing in the Operational Technology (OT) environment. Therefore, offering MSS in the OT environment is expected to increase the demand during the next five years. However, awareness in the OT security is still at a nascent stage, so Japanese MSSPs need to provide more educational seminars/hold events related to OT security.Another area that is set to emerge is cybersecurity for IoT deployment across industries. This will mainly be seen in manufacturing and industrial verticals which will drive IoT MSS.Author: Divya Prasad
Disaster Recovery-as-a-Service 2019 Buyer's Guide
Opportunities Assessment of Artificial Intelligence in Consumer Electronics
Cloud Service Brokers - The Key to Supporting Enterprises in their Hybrid Cloud Journey
Innovations in Artificial Intelligence, Blockchain, NLP, and Analytics
Innovations in User Authentication, Forensics, and Threat Intelligence
Frost Radar in the Business Carrier Ethernet Services Market
Business Carrier Ethernet Services Market Update, 2019
Innovations in Artificial Intelligence, Augmented Reality, Analytics, and Blockchain
Cloud Migration Driving Winds of Change in Email and Web Security
Australian Contact Center Applications Market, Forecast to 2024
renewable energy market
commercial aircraft market forecast
smart meter market
biometric authentication market
smart wearables market
diet food market
agricultural drones market
tobacco industry analysis
Fill in the fields below to receive a sample report
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.