Online security services market revenue Philippines 2023, by segment

Data provided by Statista Market Insights are estimates.

Definition:
Security services refer to an overarching processing or a wide range of services that enhance an organization’s protection and security strategy against common cybercrimes, such as phishing, malware, or ransomware. These services include design and integration, consulting, implementation, risk and threat assessment, as well as professional training and education.

Structure:

The Security Services market includes revenues generated by its two key products, managed services and professional services.

• Managed services refer to a range of products or services designed for the specific cybersecurity requirements of organizations, effectively aligned with their risk landscape and security strategies.
• Professional services are a broad category of services that improve an organization's defense and security plan against prevalent cybercrimes like phishing, malware, and ransomware.

Additional information:

The Security Services market comprises revenues, revenue change, average spend per employee, a list of the key players in the market, as well as their consolidated revenues and market shares. Market values represent revenues that are generated by primary vendors, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C), business spending (B2B), and government spending (B2G). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include Microsoft, Capgemini, and Palo Alto Networks.

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