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2018 Australia and New Zealand (ANZ) Managed Security Services Market Forecast to 2021 - Shortage of Cyber Security Professionals with Strong Expertise was the Top Driving FactorDUBLIN, April 12, 2018 /PRNewswire/ -- The "Australia and New Zealand (ANZ) Managed Security Services Market, Forecast to 2021" report has been added to ResearchAndMarkets.com's offering. The ANZ economy has been relatively on the downside in 2016. Crude oil prices slumped, which directly impacted the strength of the currencies, both the Australian Dollar and the Kiwi. As the market carries a weak sentiment, enterprises are cautious of their spending. Nonetheless, MSS demand in the Australian market remained positive, growing at 12% on a YoY basis in 2016. The strong presence and high maturity of the local MSS participants will support in mitigating the constantly advancing threat landscape. In 2016, the Australian government launched a $230 million Cyber Security Strategy, containing 33 new initiatives to address cyber security threats and take advantage of business opportunities. In early 2017, local authorities established an industry-led Australian Cyber Security Growth Network to develop a national approach for cyber security innovation. The implementation and active involvement of government have created strong awareness among the enterprises. The agility and flexibility offered by cloud-based model is likely to drive adoption of such services in the ANZ MSS market. Market trends have been analyzed for the period 2015 to 2021, with 2016 as the base year. Hosted security services (HSS) and customer-premises equipment (CPE)-based management and monitoring services are the key service segments in this study. Vertical segmentation includes the government, banking, financial services, and insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, Information Technology (IT)/IT-enabled services (ITeS), eGaming, eCommerce, and business process outsourcing (BPO). Companies Mentioned:
Key Topics Covered: Media Contact: Research and Markets SOURCE Research and Markets |