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North America Managed & Professional Security Services Market 2018-2021: Expansive Market Opportunities, But Competition Looms Large - ResearchAndMarkets.comThe "Analysis of the North America Managed & Professional Security Services Market, Forecast to 2021" report has been added to ResearchAndMarkets.com's offering. The North American managed and professional security services market totaled $7.2 billion in 2016 and is projected to increase at double-digit rates annually almost throughout the entire forecast period. The increasing volume, diversity, and sophistication of cyber threats aimed at a broadening exposure footprint, and the mounting severity of direct and indirect implications attributed to inadequate or outdated security practices, plus challenges of in-house staffing and adaptation are durable contributors to market demand. The competitive landscape is highly diverse with providers from a myriad of backgrounds. The largest competitors, as measured by revenues, are firms with a deep history in serving the government and consulting firms. Their revenues are concentrated in professional security services. Next, with a mix of managed and professional securit services, the fewer in number but sizable individually pure-play security service providers constitute the next tier. Much greater in number, communication service providers (telcos), security product vendors, local and regional IT services firms, cloud management providers, and managed Security-as-as-Service (SECaaS) providers round out the competitive landscape. Competition among providers will intensify, compelling providers to ratchet upward their investments in technological innovation, sales & marketing, and strategic acquisitions. Simultaneously, pricing pressure will intensify as will client expectations for tangible demonstrations of security services' essentialness and business return. Key Topics Covered: 1. Executive Summary 2. Market Overview 3. Market And Technology Trends 4. Market Drivers And Restraints 5. Market Estimates And Forecasts 6. Market Segmentations 7. Market Share And Competitive Analysis 8. Strategic Imperatives For Success And Growth 9. The Last Word 10. Provider Profiles
For more information about this report visit https://www.researchandmarkets.com/research/tnkhw3/north_america?w=4 View source version on businesswire.com: http://www.businesswire.com/news/home/20180227005950/en/ |
