Demand for managed security services in Asia-Pacific is increasing exponentially
Verfasser: ConvergedMarkets on Friday, 14 September 2018The managed security services market is expected to witness significant growth in the near future. The increased number of sophisticated cyber attacks, lack of security expertise, stringent government regulations, and complexity of the IT environment are the main reasons for adoption of the managed security services. The embracement of advanced technologies such as IoT and increase in BYOD make organization data more vulnerable to attacks. The incidents influence the organization to adopt managed security services.
The North American region is estimated to hold the largest share in the global managed security services market. The top managed security services vendors are present in the region, such as IBM, SecureWorks, Verizon, Symantec, AT&T, and others. In addition, the organizations in this region are highly aware of cybersecurity and are early adopters of cybersecurity solutions and services. The USA holds the largest market share with the presence of key companies which generate most of their revenue from the clientele based in the country. Mexico is amongst the emerging market with the new national security strategy and increase in cyber-attacks.