Market Report, "Managed Security Services Market - Global Forecast to 2020", published

Recently published research from Markets and Markets, "Managed Security Services Market - Global Forecast to 2020", is now available at Fast Market Research

[USPRwire, Fri Apr 22 2016] Managed Security Services Market by Service Type, Organization Size (Small and Medium Enterprises, Large Enterprises), Deployment (Cloud Deployment and in-Premises Deployment), Vertical, and Region - Global Forecast to 2020

"Rise in cybercrimes and threats, rising need of meeting compliance, and data protection laws are contributing toward the growth of the Managed Security Services market"

MarketsandMarkets forecasts the global Managed Security Services (MSS) market to grow from USD 17.79 billion in 2015 to USD 35.53 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 14.8%. Major growth drivers of the MSS market are rise in cybercrimes and threats, rising need of meeting compliance and data protection laws, security staffing and budgeting constraints of the organizations, and increasing adoption of cloud services.

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"North America is expected to have the largest market share"

The North America region is expected to continue being the largest revenue generator region for MSSPs for the next five years followed by Europe. This is mainly because of the supporting IT security regulations imposed by the governments of U.S. and Canada, growing adoption of MSS by SMEs, and increasing financial and legal services in the U.S. and Canada.

The study validates the market size of segments and sub-segments through secondary research and in-depth primary interviews. Various industry leaders in Tier 1, Tier 2, and Tier 3 companies were contacted for primary interviews. The in-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the digital signature market.

* By Company type - Tier 1- 30%, Tier 2- 40%, Tier 3- 30%
* By Designation - C-Level - 72%, Director Level- 14%. Others- 14%
* By Region - North America- 57%, Europe-14%, Asia-Pacific- 29%

The report includes the study of key players offering digital signature solutions and services such as AT&T, Inc. (U.S.), Dell SecureWorks, Inc. (U.S.), IBM Corporation (U.S.), Symantec Corporation (U.S.), Verizon Communications Inc. (U.S.), Computer Sciences Corporations (CSC) (U.S.), CenturyLink, Inc. (U.S.), Hewlett-Packard (HP) Company (U.S.), Solutionary, Inc. (U.S.), and Trustwave Holdings, Inc. (U.S.). Furthermore, the report also includes in-depth competitive analysis of the key players in the digital signature market with their company profiles, SWOT analysis, recent developments, and key market strategies.

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