Revenue of the managed cybersecurity services market worldwide 2016-2029

Data provided by Statista Market Insights are estimates.Definition:

Managed security services refer to a service model provided by cybersecurity service providers and include advanced defense centers, cybersecurity platforms, and managed security infrastructure and operations. These services include a wide range of areas, such as threat intelligence, incident response, vulnerability management, and compliance management.

The goal of managed security services is to help organizations proactively identify and mitigate cyber threats, reduce the risk of data breaches, and ensure compliance with industry regulations. This can be achieved through a combination of technology and human expertise, including the use of security tools such as firewalls, intrusion detection and prevention systems (IDPS), and security information and event management (SIEM) platforms, as well as the deployment of skilled security analysts and incident responders.

Key performance indicators covered in the Managed Security Services market include revenue and revenue change. Only revenues generated by the key vendors, either directly or through distribution channels, are included (manufacturer prices, excluding value-added tax), revenues generated by resellers are excluded. Revenues can be produced through either online or offline sales channels and include consumer spending (B2C), business spending (B2B), as well as government spending (B2G). Key players in this market include SecureWorks, IBM Corporation, Atos, Wipro, Trustwave.

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