Managed Security Services Market

The global Managed Security Services Market is expected to grow from USD 30.6 billion in 2023 to USD 52.9 billion by 2028, with a compound annual growth rate (CAGR) of 11.5% during the forecast period.

The global managed security services market is expanding due to a perfect storm of factors, including rising cybercrime and a shortage of skilled cybersecurity experts. Managed security services provide organizations access to a pool of experienced security experts without investing in building and maintaining their internal security team.

Top Managed Security Services Companies include:

• IBM (US)
• NTT (Japan)
• Accenture (Ireland)
• DXC Technology (US)
• Secureworks (US),
• Trustwave (US)
• Atos (France)
• AT&T (US)

These companies play a vital role in helping organizations strengthen their cybersecurity posture through managed security services tailored to their specific needs and requirements.

To know about the assumptions considered for the study download the pdf brochure

IBM:

• IBM operates in the technology sector, focusing on creating and manufacturing advanced technologies, including software, networking systems, storage devices, and microelectronics. The company provides various services, including IT infrastructure, hosting, and consulting services across multiple domains, from mainframe computing to nanotechnology. IBM’s major business areas encompass Global Financing, Global Business Services (GBS), Global Technology Services, Systems, Cloud, and Cognitive Software. As of 2022, IBM has acquired 183+ companies. It specializes in comprehensive cybersecurity solutions and services tailored for diverse industries such as finance, healthcare, and government, with a global presence spanning multiple continents. IBM deals with 70 billion security events on a daily basis.

AT&T :

• AT&T offers a variety of communication and IT services for businesses of all sizes. These services include voice, data, cloud, and security solutions. AT&T offers a wide range of managed security services, protecting businesses of all sizes with advanced network and endpoint security, threat detection, vulnerability management, and compliance monitoring.In  North America, it faces competition from players such as Verizon and IBM, along with more specialist MSSPs.

NTT (Japan):

• NTT is a global technology services provider offering Managed Security Services (MSS) to businesses worldwide. With a strong presence in Japan and beyond, NTT delivers a wide range of cybersecurity solutions, including threat detection and response, managed endpoint security, and security consulting.

Accenture (Ireland):

• Accenture is a multinational professional services company offering Managed Security Services (MSS) to help organizations protect against cyber threats. With a focus on innovation and digital transformation, Accenture provides cybersecurity consulting, managed detection and response, and cloud security services.

DXC Technology (US):

• DXC Technology is a leading IT services company providing Managed Security Services (MSS) to organizations globally. DXC offers a comprehensive suite of cybersecurity solutions, including managed detection and response, security operations center (SOC) services, and identity and access management.

Secureworks (US):

• Secureworks, a subsidiary of Dell Technologies, specializes in Managed Security Services (MSS) and cybersecurity solutions. Secureworks offers managed detection and response, threat intelligence, vulnerability management, and security consulting services to protect organizations against cyber threats.

Trustwave (US):

• Trustwave, a subsidiary of Singtel, is a cybersecurity company offering Managed Security Services (MSS) and security consulting. Trustwave's services include managed threat detection and response, managed firewall, security testing, and compliance management solutions.

Atos (France):

• Atos is a global IT services company providing Managed Security Services (MSS) to organizations across various industries. Atos offers cybersecurity services such as managed detection and response, security monitoring, incident response, and identity management.

Related Reports:

Managed Security Services Market by Service Type (Managed IAM, MDR, Managed SIEM, Log Management), Type (Fully Managed & Co-managed), Security Type (Network, Cloud, Endpoint, Application), Organization Size, Vertical, & Region - Global Forecast to 2028