IT and Telecommunication Managed Security Services Market | Page 4

R e s e a r c h

innovation, cloud platforms, mobile solutions and Internet of Things are expected to expand the
segment with a high CAGR during the forecast period.
In terms of organization, small & medium enterprise segment is expected to grow at a high
CAGR of 19.2% due to increasing focus towards the compliance and security regulations in
these enterprises.
On the basis of regions, North America is anticipated to be the most attractive region in terms of
value share by 2026. The region is estimated to account for 31.4% value share in 2016 and is
anticipated to continue the dominance in value share over 2016–2026.The markets in North
America and Western Europe are anticipated to contribute majorly to the global managed

M a r k e t

security services market. The market in North America is estimated to be valued at US$ 6,270
Mn by 2016 and is expected to expand at the CAGR of 18.8% during the forecast period. The
market in the Western Europe is expected to be valued at US$ 20.613 Bn by 2026. North
America and Western Europe are the quicker adopters of managed security services. Their
society are more connected and possess high risk from advanced cyber-attacks such as
advanced persistent threats and zero day attacks.
Key market participants covered in the report include IBM Corporation, Symantec Corporation,
Fortinet, Inc., Computer Science Corporation, Accenture PLC, AT&T Inc., Intel Corporation,
Cisco Systems, Inc. Checkpoint Software Technologies Limited, and Trustwave Holdings, Inc.

P e r s i s t e n c e

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Global Managed Security Services Market 2016-2026