#Security as a Service Market Share

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Security As A Service Market - Forecast(2024 - 2030)

Security As A Service Market Overview

Security As A Service Market size was valued at US$ 8.95 billion in 2020, and it is estimated to grow at CAGR 15.45% during 2021-2026. The major factors driving the growth of the Security As A Service Market are the high adoption of cloud security services, IoT connected devices, increased implementation of bring-your-own-device trend and work-from-home model; has led to the increasing number of data breaches over the past few years. This, along with exponential growth in sensitive organizational data has contributed to a rise in security concerns and is pushing enterprises to take advanced approaches to defend their networks from threats. The rising adoption of vulnerability management by enterprises for prioritizing potential threats and minimize security vulnerabilities in system and software has contributed to the growth of the market. Furthermore, stringent government policies such as the cybersecurity act in Europe introduced a cybersecurity certification framework for ICT products, services and processes for the businesses operating across the European region and this will push the organizations towards creating better integrated services complying with government regulations and drives the growth of the market.

Security as A Service Market Report Coverage

The report: “Security As A Service Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Security As A Service Market.

By offering: Software, Solutions(Endpoint Protection, Security Information & Event Management, Identity Access Management, Intrusion Detection & Prevention Systems, Email Encryption, Data Loss Prevention, Others), Services(Training & Education, Consulting Services) By Organization Size: Large Enterprises, Small & Medium-Sized Enterprises (SME) By Applications: Network Security, Web Security, Email Security, Database Cloud Security and Others. By Indyustry Vertical: Automotive, Aeroapace & Defense, IT & Telecommunications, BFSI, Retail & e-commerce, Healthcare, Government, Consumer electronics, Oil & Gas, Media, Maritime and Others. By Geography: North America (U.S., Canada and Mexico); Europe (U.K., Germany, Italy, France, Rest of Europe); APAC (China, Japan, South Korea, India, Rest of APAC); South America (Brazil, Argentina, Rest of Americas), RoW (Middle East & Africa)

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Key Takeaways

Solution segment is anticipated to dominate the market with a CAGR 10.3% during 2021-2026 due to growing demand for protecting network and web applications from vulnerabilities.

BFSI sector is estimated to hold the largest market share from 2021 to 2026 owing to massive penetration of digitalization and alarming growth in sophisticated cyber-attacks in this sector.

North America dominated the SaaS market acquiring a share of 32% due to high investments towards security platform in IT infrastructure.

Increasing adoption of cloud based technologies and stringent Government policies are augmenting the market.

Privacy concern is hampering the adoption.

Security As A Service Market Segment Analysis- By Offering

By offering, Security As A Service Market has been segmented into software, solution and services. Solution segment dominated the market in 2020 acquiring a share of 41% and is estimated to hold the major market share with a CAGR 10.3% during the forecast period 2021-2026 owing to increasing demand for filtering traffic to identify and mitigate the incoming threat for protecting the server and the network from vulnerabilities. Software solutions unit is anticipated to be the fastest growing market owing to the growing demand for concealing unauthorized or unauthenticated users from network resources to prevent data vulnerability over heavy traffic network. In March 2021, Exetel launched anti-malware and content control services to protect Australian consumers by a premium cyber-security solution leveraging Allot Ltd.’s security as a service platform and such collaborations are analyzed to propel the growth of Security As A Service Market from 2021 to 2026.

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Security As A Service Market Segment Analysis- By Industry Vertical

By industry vertical, Security As A Service Market has been segmented into Automotive, Aerospace & Defense, IT & Telecommunications, BFSI, Retail & e-commerce, Healthcare, Government, Consumer electronics, Oil & Gas and Others The BFSI vertical has recorded the highest market share of 18% and is estimated to dominate the market during 2021-2026 owing to massive penetration of cloud based technology to simplify digital banking processes and increased instances of spyware, ransomware, Trojans, viruses, and other malware in this sector. Also, the BFSI is the most sought after target for cybercriminals owing to the fact that they hold sensitive information about money transactions, customer information, employee identity, tangible and intangible assets amongst many others. This trend is set to drive the Security As A Service Market in the BFSI vertical during the forecast period 2021-2026. In March 2021, cyber-security firm FirstWave announced a partnership with Moja Access to enhance their cyber-security as a service platform. Such strategic partnerships are analyzed to stimulate the market from 2021 to 2026.

Security As A Service Market Segment Analysis – By Geography

By geography, Security As A Service Market has been segmented into North America, Europe, APAC, South America and RoW. North America dominated the market acquiring a share of 32% in 2020 and is estimated to hold the Security As A Service Market share with a CAGR 11.56% during 2021-2026 owing to high investment in IT infrastructure and alarming growth in number of cyber-attacks in this region. APAC is estimated to be the fastest growing market during the forecast period 2021-2026 with a CAGR 12.78% owing to the growing demand for digital business strategy and massive and quick adoption of cloud based applications. For the past few years India has witnessed frequent cyber-threats and attacks across various industry verticals and thus propelling the market growth. According to Indian Computer Emergency Response Team, India has faced nearly 7 Lakhs cyber-attacks till August, 2020 and such growing potential threats are analysed to stimulate the market between 2021 and 2026.

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Security As A Service Market Drivers

Increasing adoption of Cloud based services is driving SaaS Market

The Covid-19 pandemic has led to higher adoption of cloud based services such as work from home, edge computing and virtualization. This has undoubtedly helped with improving productivity during difficult times but at the same time has made them an easy target of cyber criminals. In order to maximize market productivity, Small and Medium scale Enterprises are also increasingly concentrating on streamlining their business models by adopting cloud services. Furthermore, in order to streamline their operations, SMEs do not have strict security measures to secure their files, networks, endpoints and applications from cyber-attackers. As SMEs turn their attention to cloud services, it is anticipated that cloud-based data management solutions and service providers will see huge opportunities for innovation and adoption of better security solutions which in turn will fuel the Security As A Service Market. A recent report by Interpol on increased cyber-crime during Covid-19 pandemic said that about 59% of cyber-threats were reported regarding phishing, scam and frauds. The report further suggests that this trend is likely to increase due to the economic downturn and shift in the business landscape following the pandemic. In March 2021, Aruba announced new digital transformation solutions to accelerate the transition from edge to cloud in a collaboration with Microsoft and thus steering the market growth.

Increasing cyber threats and stringent government guidelines is propelling the market growth

The SaaS market is driven by the rise in cybercrime activities, the growth of confidential organizational data, and the growth of trends in mobile devices. Over the years, the use of cloud technologies has increased greatly, increasing the need to provide more reliable and cost-effective security solutions. Increased e-business, increased knowledge of data protection, growth in the trend of bringing your own device (BYOD) and acceptance of controlled security practices generate significant market opportunities. According to Singapore Cybersecurity Act, enterprises should build a resilient infrastructure creating a safer cyberspace while strengthening international partnerships. Such government laws to mitigate potential cyber threats and attacks are anticipated to create growth opportunities for Security As A Service Market during the forecast period 2021-2026.

Security As A Service Market Challenges

Ability of vendors to access confidential data is hampering the market growth

According to FBI report, financial losses caused by internet crime came to a total of US$ 4.2 billion in the US and the most common cyber-crimes were phishing, non-payment/non-delivery scams and extortion, with 28,500 complaints associated with COVID-19 fraud and thus the adoption of robust security infrastructure has been inevitable. The software as a services is only accessible online, which makes it vulnerable to security threats in the system. Furthermore, the rate of adoption of Security as a Service is restricted due to consumers' refusal to exchange confidential information with the vendors, the availability of cost-free security services, and enterprises' unwillingness to use cloud-based security solutions are some of the major challenges impeding the market growth.

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Security As A Service Market Landscape

Product launches, Acquisitions, Collaboration, and R&D activities are key strategies adopted by players in the Security As A Service Market. In 2020, the market of Security as a Service industry outlook has been fragmented into several companies. Security as a Service top 10 companies include

Cisco Systems Inc.

Ciphercloud

Radware Ltd

MCAFEE

Panda Security

IBM Corporation

Dell Technologies

Barracuda Networks

Symantec Corporation

Trend Micro among others.

Acquisitions/Product Launches

In January 2021, Thornton Tomasetti, announced the launch of a new software as a service (SaaS) platform called T2D2. It uses artificial intelligence (AI) and computer vision powered by advanced deep learning to identify and assess the damages and deterioration to building envelopes and structures through images.

In August 2020, InteliSecure, a leading data protection services provider, announced the opening of its Microsoft 365 Managed Data Protection Service powered by ApertureTM, the very first cloud-native, multi-tenant network to incorporate the Microsoft 365 ecosystem of data protection. This new service helps companies to make full use of their Microsoft licenses at the enterprise level for more efficient data security.

[researchrealmblog]

Why will Adoption of Security As A Service Solutions Shoot Up in Asia-Pacific in Future?

The increasing adoption of the cloud computing technology is one of the major factors driving the demand for security as a service solutions across the world. As the cloud technology doesn’t need any information technology (IT) infrastructure and IT professionals, its growing incorporation is massively reducing the financial burden on enterprises. In addition, this technology allows users to choose the services that they want and access them from anywhere as per their convenience over a secure network.

However, the cloud technology is highly susceptible to cyberattacks and data breaches and thus, the growing adoption of this technology is positively impacting the demand for security solutions. Besides, the mushrooming requirement for multi-factor authentication is also driving the demand for security as a service solutions. Many organizations are increasingly adopting multi-factor authentication, owing to the growing popularity of bring-your-own-device (BYOD) policies and the rising implementation of strict government regulations and policies regarding data security.

Multi-factor authentication can be easily integrated into security as a service solutions by employing the use of token generation software such as Yubikey and Google Authenticator. The incorporation of this software mitigates the requirement for individual multi-factor authenticator applications, which, in turn, assists customers in reducing their expenditure on IT. Due to these factors, the revenue of the security as a service market is expected to rise from $7.8 billion in 2019 to $43.4 billion by 2030.

Furthermore, the market will exhibit a CAGR of 17.4% from 2020 to 2030. Depending on security type, the market is classified into database security, application security, web & email security, and endpoint security. Out of these, the database security category is expected to demonstrate the fastest growth in the market in the forthcoming years. This will be because of the fact that the data stored on the cloud is highly vulnerable to cyberattacks.

Additionally, the governments of many countries have enacted stringent rules for protecting the data of consumers, which is also driving the expansion of this category. When vertical is taken into consideration, the security as a service market is categorized into banking, financial services, and insurance (BFSI), healthcare, IT and telecom, government, and retail. Amongst these, the BFSI category dominated the market in 2019, owing to the fact that financial organizations need to strictly comply with the data security policies, as they deal with large volumes of sensitive and confidential consumer data.

Across the globe, the security as a service market will register the fastest growth in the Asia-Pacific (APAC) region in the coming years, as per the forecast of the market research company, P&S Intelligence. This will be due to the increasing number of small and medium enterprises, soaring implementation of the BYOD policy, and the surging investments being made in the IT sector in the region. Additionally, the rapid economic progress of the regional countries such as China and India is also propelling the expansion of the market in the region.

Hence, it can be said without hesitation that the demand for security as a service solutions will soar in the upcoming years, primarily because of the rising adoption of the cloud technology by various enterprises and the increasing prevalence of cyberattacks across the world.

Source: P&S Intelligence

[industrynewsupdates]

A Deep Dive into the Security Services Market: Insights and Analysis

The global security services market size is expected to reach USD 212.36 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Globalization has become an important driver behind security concerns. For instance, increasing international trade encourages more passenger and freight travel. The expansion of air, rail, road, and maritime transportation raises the possibility of security lapses that lead to robberies and organized smuggling, which encourages governments to strengthen cross-border surveillance. Growing immigration activities reduces a nation's capacity to thwart covert threats and, in certain situations, increases the sense of fear among local populations.

The growing internationalization of production activities has seen communications and supply chains become increasingly global, specialized, and fragmented, giving rise to vulnerabilities. At the same time, businesses and governments are seeking ways of conducting their operations more efficiently and managing security more cost-effectively. Subsequently, boosting the market growth. The rising cybercrime activities in both developed and emerging nations have raised concerns for companies. Governments and other large enterprises are attempting to close the gap between the amount of money spent on cybersecurity systems and the best outcome possible with the threat artifacts gathered to lessen or neutralize emerging threats.

The applicability and usefulness of intelligence have led organizations to integrate contextual information and data points to determine relevant threats to the business and thus provide actionable strategies towards the same. As cyberattacks are becoming more sophisticated, cybercriminals are abusing network security and getting privileged access all around the world. In addition, the fact that the attackers are operating as a genuine group that is expected to grow in scope raises concerns about attacks on industries, including BFSI, government, healthcare, and others. The factors mentioned earlier have led to growing security awareness and are thus resulting in higher spending on threat intelligence solutions with an aim to combat or mitigate risk to the organization.

Gather more insights about the market drivers, restrains and growth of the Security Services Market

Security Services Market Report Highlights

• The managed security services (MSS) segment held a significant revenue share of 32.4% in 2022

• MSS capabilities include exposure assessment, detection & response, security monitoring, and operational services specific to security technology implementation & consulting. MSS providers offer a wide range of engagement models with technology-based management-driven experience

• Threat intelligence security services is projected to register a CAGR of 9.5% from 2023 to 2030

• The BFSI segment is expected to register the highest CAGR of 24.2% from 2023 to 2030. Revenues obtained by companies offering cloud security, biometric technologies, and endpoint detection & response to the BFSI sector make up the security services industry

Security Services Market Segmentation

Grand View Research has segmented the global security services market based on type, application, and region:

Security Services Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Managed Security Services

• Security Consulting Services

• SaaS Security Services

• Threat Intelligence Security Services

• Others

Security Services Application Outlook (Revenue, USD Billion, 2017 - 2030)

• BFSI

• Government & Defence

• IT & Telecommunication

• Healthcare

• Energy & Utilities

• Manufacturing

• Retail

• Others

Security Services Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

• Europe

o U.K.

o Germany

o France

• Asia Pacific

o China

o Japan

o India

o South Korea

o Australia

• Latin America

o Brazil

o Mexico

• Middle East & Africa (MEA)

o Kingdom of Saudi Arabia (KSA)

o UAE

o South Africa

Order a free sample PDF of the Security Services Market Intelligence Study, published by Grand View Research.

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https://straitsresearch.com/report/oil-and-gas-security-and-service-market/request-sample

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Saudi Arabia Security Services Market Growth: From $7.54 Billion in 2023 to $14.59 Billion by 2032

Astute Analytica has released a comprehensive report titled Saudi Arabia Security Services Market – Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032. This report provides an in-depth examination of the industry, including valuable insights into market analysis, competition, and geographical research. It also highlights recent developments in the global industry. 

Market Overview and Forecast 

Saudi Arabia Security Services Market was valued at US$ 7.54 billion in 2023 and is projected to hit the market valuation of US$ 14.59 billion by 2032 at a CAGR of 8.1% during the forecast period 2024–2032.

In addition to market positioning, the report offers a thorough analysis of relevant data, key developments, and revenue streams. It outlines the strategies employed by key market players to expand their market presence and strengthen their positions. The report includes detailed information that illustrates the overall market condition.

A Request of this Sample PDF File@- https://www.astuteanalytica.com/request-sample/saudi-arabia-security-services-market

Key Insights 

The report emphasizes future trends, market dynamics, market shares, threats, opportunities, and entry barriers. Important analytical data is presented through pie charts, graphs, and tables, providing readers with a clear understanding of the market landscape. 

Marketing Channels and Supply Chain 

Special attention is given to marketing channels, downstream client surveys, upstream raw materials analysis, and market development trends. The report also includes expert recommendations and crucial information about major chemical suppliers, manufacturers, key consumers, distributors, and dealers, along with their contact details. This information is essential for conducting a detailed market chain analysis. 

Geographical Analysis 

The report features detailed investigations into the global market across various regions, analyzing over 20 countries that significantly contribute to market development. Key regional markets studied include North America, Europe, Asia Pacific, South America, Africa, the Middle East, and Latin America. This thorough examination aids in identifying regional market opportunities and challenges. 

Competitive Analysis 

To illustrate the competitive landscape, the report differentiates business attributes and identifies leading market players. It includes the latest trends, company profiles, financial standings, and SWOT analyses of major Saudi Arabia Security Services market players, providing a comprehensive view of the competitive environment. 

Key Players 

AARMTech

APSG

Axis Communications AB

Choice Saudi

Cisco Systems, Inc.

CNSS

Genetec, Inc.

Hangzhou Hikvision Digital Technology Co., Ltd.

Honeywell International Inc.

Johnson Controls

Robert Bosch GmbH

RSTS

SAS Systems Engineering

TSS

Other Prominent Players

For Purchase Enquiry: https://www.astuteanalytica.com/industry-report/saudi-arabia-security-services-market

Methodology 

The Saudi Arabia Security Services analysis is based on primary and secondary data sources. Primary sources include expert interviews with industry analysts, distributors, and suppliers, while secondary sources encompass statistical data reviews from government websites, press releases, and annual reports. Both data types validate the findings from global market leaders. The report utilizes top-down and bottom-up approaches to analyze estimates for each segment. 

Market Segmentation  

By Type

Physical Access Control Security

Physical Access Control System

CCTV and Video Surveillance System

Perimeter Intrusion and Detection

Physical Security Information Management

Fire Detection

Fire Alarm Systems

Fire Suppression Systems

Technical Surveillance Countermeasures (TSCM)

Others

Manned Guarding Security Services

Security Risk Assessments

Mobile Patrol and Surveillance

Traffic Control Services

Protective Services

Cash In Transit

VIP/Close Protective Services

Event Security

Police Support Service

Crowd Management

Others

Fire & Safety Risk Assessments

Digital Security Services

Remote Monitoring Services

Security System Integration Service

Cybersecurity Risk Assessments

Firewall Management

Intrusion Detection and Prevention

Continuity Management

Information Security

Others

Occupational Safety and Health (OSH) Services

Workplace Safety Audits and Inspections

Environmental Compliance

Emergency Response Planning

Others

By Enterprise Size

SMEs

Large Enterprises

By Industry

Transportation

Government

Banking & Finance

Utility & Energy

Residential

Industrial

Hospitality

Others

Download Sample PDF Report@- https://www.astuteanalytica.com/request-sample/saudi-arabia-security-services-market

About Astute Analytica:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyse for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

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Phone number: +18884296757

Email: sales@astuteanalytica.com

Visit our website: https://www.astuteanalytica.com/

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The increasing demand for cloud-based security solutions is expected to provide opportunities for the security as a service market growth...

[futuretonext]

The UAE Managed Security Services Market is projected to grow at a CAGR of around 13% during the forecast period, i.e., 2023-28. The growth of the market is likely to be driven primarily by the growing number of cyber threats & attacks, increasing adoption of devices, and the rising need to address concerns over malicious malware attacks & breaches across different sectors in the UAE. Besides, the growing establishment of several Multi-National Companies (MNCs) & increasing number of business start-ups across the country is also stimulating the demand for managed security services. 

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What is the Importance of Security as a Service Across Businesses?

Security as a Service is a cloud-delivered model that serves as an outsourcing solution for cybersecurity services. Comparable to Software as a Service (SaaS), SECaaS offers security services on a subscription basis, facilitated by cloud providers.

As the demands for robust security measures in corporate infrastructures grow, SECaaS has gained immense popularity, effectively alleviating the responsibilities of in-house security teams, providing scalability as businesses expand, and eliminating the expenses and upkeep associated with on-premise alternatives.

SECaaS encompasses a variety of security types, such as application security, database security, endpoint security, and web & email security. Among these, database security stands out as the most widely adopted and continuously growing solution. Its appeal lies in the cost-effectiveness, improved performance, and greater flexibility offered by cloud databases.

The high adoption of SECaaS in large enterprises is mainly because of the substantial volume of data generated and consumed by these organizations. Simultaneously, the rapid shift of such enterprises towards cloud technology reinforces the need for robust cybersecurity measures. Moreover, with the increasing adoption of these services in small & medium enterprises, the value for security as a service will reach USD 43.4 billion by the end of this decade.

Functioning of SECaaS

The functioning of SECaaS involves a departure from the traditional approach where the IT department installed security tools on individual computers, networks, or servers and maintained them locally. By opting for security as a service, organizations benefit from a simpler and more rational use of similar technologies. Security is offered through various alliances, including data loss prevention, risk & compliance management, identity & access management, unified threat management, encryption, and intrusion detection.

Identity & access management, in particular, has gained significant traction in SECaaS solutions due to the necessity of managing access permissions in cloud-based environments, which increases the risk of cyberattacks.

Surging Adoption of Cloud Computing Technology

The surge in the adoption of cloud computing technology plays a pivotal role in bolstering the SECaaS sector. Cloud solutions offer the advantage of not requiring physical information technology (IT) infrastructure and dedicated professionals, leading to substantial cost reductions for businesses.

Furthermore, cloud solutions empower users to choose services tailored to their needs and access data securely from any location. However, the vulnerability of this technology to data breaches necessitates robust security solutions.

Increasing SECaaS Adoption in Asia

Across Asian nations, the adoption of SECaaS services is experiencing rapid growth, due to the robust economic expansion, a rising preference for the BYOD culture (Bring Your Own Device), an increasing number of small and medium enterprises, and significant investments in IT infrastructure.

Given the increasing preference for cloud-based solutions and stringent government regulations concerning data security, the requirement for security as a service will continue to increase in the years to come. The potential benefits of SECaaS, including its scalability, cost-effectiveness, and adaptability to evolving security threats, position it as an important component of modern cybersecurity strategies for organizations of all sizes.

As technological advancements and cyber threats persist, SECaaS will remain an indispensable ally in safeguarding sensitive data and critical systems from malicious attacks.

[industrynewsupdates]

A Deep Dive into the Managed Security Services Market: Insights and Analysis

The global managed security services market size is expected to reach USD 87.5 billion by 2030, growing at a CAGR of 15.4% from 2023 to 2030, according to a recent report from Grand View Research, Inc. Factors such as the growing demand for outsourcing services across various BFSI, healthcare, manufacturing, IT & telecommunication industries, and the enterprises focus on their key competencies are expected to drive the market’s growth.

Businesses rely on managed security service providers (MSPs) to avoid the costly burden of maintaining their IT infrastructure and keep pace with constant technological dimensions. By leveraging standardized products, reducing time to market, and improving service quality, managed service providers helps an organization in saving costs.

MSPs have created a vast space in business operations by providing advanced cybersecurity tools to predict and mitigate cyber threats. Additionally, as emerging technologies like artificial intelligence, DevOps, and machine learning gain maturity, organizations are expected to look forward to specialized MSPs to stay at the forefront of innovation. A Managed Security Service Provider (MSSP) offers various sub-functions that cover the overall security needs of an enterprise.

The major sub-segments of MSSs have managed endpoint security that monitors all endpoints across the enterprise and intrusion prevention detection system (IPS) that regularly monitors the network for signs of forced intrusion. Extended Detection, and Response (XDR), gathers security details across endpoints and threat intelligence-related visibility to help detect future attacks provide.

Gather more insights about the market drivers, restrains and growth of the Managed Security Services Market

Managed Security Services Market Report Highlights

• The cloud security segment is anticipated to observe a CAGR of 18.5% during the forecast period. The massive growth of cloud 3.0, Industry 4.0, and digitalization has resulted in the surge of managed cloud security services. Cloud security facilitates 24/7 system protection without any human intervention, real-time alerts, and proactive managed services

• The managed DDoS segment is anticipated to observe a CAGR of 18.7% during the forecast period. The DDoS services enhance operational services that depend on the web is projected to rise owing to the growing demand among enterprises to manage the complexity of resources

• Small and medium-sized enterprises (SMEs) are anticipated to observe a CAGR of 18.1% during the forecast period. An increased zero trust security among small and medium-sized businesses (SMEs) surged the adoption of secured management solutions, owing to the growing importance of managed services

• The manufacturing segment is anticipated to observe a CAGR of 16.4% during the forecast period The growing demand among manufacturers to adopt managed security services for cyber safety and vendors’ data accessibility is fueling the demand for the market

• Asia Pacific is expected to grow at the fastest CAGR of 18.2% from 2023 to 2030, owing to the increasing adoption of managed security services and the growing digitalization of businesses in the region. Countries such as China, India, Japan, and South Korea have implemented privacy legislation and data protection that force enterprises to build robust security management solutions

Managed Security Services Market Segmentation

Grand View Research has segmented the global managed security services market based on security, services, enterprise size, vertical, and region:

Managed Security Services Security Outlook (Revenue, USD Billion, 2018 - 2030)

• Cloud Security

• Endpoint Security

• Network Security

• Data Security

• Others

Managed Security Services Outlook (Revenue, USD Billion, 2018 - 2030)

• Managed SIEM

• Managed UTM

• Managed DDoS

• Managed XDR

• Managed IAM

• Managed Risk & Compliance

• Others

Managed Security Services Enterprise Size Outlook (Revenue, USD Billion, 2018 - 2030)

• Small and medium-sized enterprises

• Large enterprises

Managed Security Services Vertical Outlook (Revenue, USD Billion, 2018 - 2030)

• BFSI

• Healthcare

• Manufacturing

• IT and Telecom

• Retail

• Defense/Government

• Others

Managed Security Services Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o UK

o Germany

o France

o Italy

o Spain

• Asia Pacific

o China

o India

o Japan

o Australia

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa

o UAE

o Saudi Arabia

o South Africa

Order a free sample PDF of the Managed Security Services Market Intelligence Study, published by Grand View Research.

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Secure Access Service Edge Market Segmented On The Basis Of Component, Application, Region And Forecast To 2028: Grand View Research Inc.

San Francisco, 3 July 2023: The Report Secure Access Service Edge Market Size, Share & Trends Analysis Report By Component (Platform, Services), By Application (IT & Telecom, Healthcare), By Region (APAC, North America), And Segment Forecasts, 2021 – 2028 The global secure access service edge market size is expected to reach USD 11.29 billion by 2028, registering a CAGR of 36.4% from 2021 to…

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DARK SMS - DRAGON+

In today’s fast-paced digital landscape, maintaining privacy and security while communicating is more important than ever. Introducing DarkSMS, a cutting-edge virtual SMS platform designed to streamline your messaging experience without compromising your personal information. With our innovative virtual number service, users can receive SMS messages securely and anonymously, eliminating the risks associated with sharing private phone numbers. Whether you’re signing up for online services, verifying accounts, or simply looking to keep your communication confidential, DarkSMS has got you covered. 

Virtual SMS

Virtual SMS refers to the messaging service that enables users to send and receive text messages through a virtual phone number rather than a traditional mobile line. This service is particularly useful for individuals and businesses looking to maintain privacy while communicating or verifying accounts.

One of the key advantages of using virtual sms is the ability to receive SMS without revealing your personal phone number. This is especially beneficial for online transactions, sign-ups for apps, or any situation where you might need to provide a phone number but want to protect your privacy.

Furthermore, virtual numbers can be easily managed from a web-based platform, allowing users to organize and store messages effectively. Many service providers offer features such as message forwarding, where received SMS messages can be redirected to your email or other platforms, ensuring you never miss an important notification.

In addition to privacy and convenience, virtual SMS services are often cost-effective. They eliminate the need for extra SIM cards or mobile contracts, allowing users to only pay for the services they actually use. This flexibility makes virtual number services highly attractive for startups and individuals working from remote locations.

As businesses increasingly adopt digital communication strategies, integrating virtual SMS into their operations can enhance customer interaction and improve engagement through instant messaging capabilities.

Virtual Number Service

A virtual number service offers a practical solution for individuals and businesses looking to maintain privacy while receiving communications. By using a virtual number, you can receive SMS messages without exposing your personal phone number. This feature is especially useful for those engaged in online transactions, such as e-commerce, as it safeguards against unwanted spam and protects your identity.

One of the key advantages of a virtual number service is its capability to function seamlessly alongside your primary phone line. Users can receive messages from various platforms effectively, whether it's for verification purposes, two-factor authentication, or simply keeping in touch with clients. The convenience of managing multiple numbers through a single device cannot be overstated.

With options to select numbers from different geographic locations, this service caters to users looking to establish a local presence in different markets. Moreover, these numbers can be set up quickly and easily, providing instant access to receive SMS without lengthy contracts or commitments.

To optimize your experience with virtual SMS and virtual number services, consider features like call forwarding, voicemail, and the ability to choose your own number. Such functionality enhances user experience by offering flexibility in communication while maintaining professional boundaries.

Ultimately, investing in a virtual number service can significantly enhance your business's communication strategy, allowing you to receive SMS reliably while focusing on building relationships with your clients.

Receive SMS

Receiving SMS through a virtual number is a convenient service that allows users to get text messages without needing a physical SIM card. This is particularly beneficial for individuals and businesses looking for privacy or those who wish to avoid exposing their personal phone numbers.

The process is straightforward: once you obtain a virtual number through a reliable virtual number service, you can start receiving sms messages. This service is essential for various reasons, including:

  Account verification codes: Many online platforms use SMS to send verification codes. A virtual number allows you to receive these codes securely.

  Business communications: Companies can use virtual SMS to receive client inquiries or feedback without revealing their primary contact numbers.

  Privacy protection: By receiving SMS through a virtual number, users can protect their personal phone numbers from spam and unwanted solicitation.

Moreover, the get SMS feature of a virtual number service ensures that you don’t miss any important messages, even if you are on the move. Messages are often stored digitally, which means you can access them anytime and anywhere.

In summary, the ability to receive SMS through a virtual number enhances both privacy and accessibility, making it a valuable tool for users in various contexts.

Get SMS

Getting SMS messages through a virtual number service has become increasingly popular due to its convenience and versatility. Whether you need to receive texts for verification purposes or want to maintain privacy while communicating, virtual SMS provides a robust solution.

With a virtual number, you can easily get sms from anywhere in the world without needing a physical SIM card. This feature is particularly beneficial for businesses that require secure communication with clients or customers, as it ensures that sensitive information remains confidential.

Here are some advantages of using a virtual number to get SMS:

Privacy Protection: Using a virtual number helps keep your personal phone number private.

Accessibility: You can receive SMS messages on multiple devices, including tablets and laptops.

Cost-Effective: Virtual SMS services typically come with lower costs than traditional SMS plans.

Global Reach: You can get SMS messages from international numbers without incurring roaming fees.

Easy Setup: Setting up a virtual number to receive SMS is straightforward and often takes just a few minutes.

In summary, leveraging a virtual number service for SMS communication allows you to manage your messages efficiently while maintaining privacy, enhancing accessibility, and reducing costs. This is particularly useful for both personal and business communications, making it a smart choice for anyone looking to streamline their SMS functions.