Managed Security Services Providers (MSSPs) Market
Managed Security Services Providers (MSSPs)
Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Managed Security Services Providers (MSSPs) Market
Size and Growth
The Managed Security Services Providers (MSSPs) market is experiencing robust growth, driven by rising cyber threats and increased demand for outsourced security solutions. The global MSSP market is projected to reach approximately $40 billion by 2026, reflecting a compound annual growth rate (CAGR) of over 12%, highlighting escalating investments in cybersecurity.
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Companies Covered
(Covid 19 Impact Covered)
◍ IBM
◍ AT&T
◍ Verizon
◍ SecureWorks
◍ Trustwave
◍ CenturyLink
◍ Herjavec Group
◍ Alert Logic
◍ Wipro Limited
◍ NTT Security
The Managed Security Services Providers (MSSPs) market features key players like IBM, AT&T, and Verizon, enhancing cybersecurity through scalable solutions. These companies bolster the MSSP market by offering advanced analytics, threat detection, and compliance services. For instance, IBM reported sales of $57 billion, while AT&T's revenue reached $171 billion.
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Market Segmentation
By Application
◍ Medium-Sized Businesses
◍ Large Business
By Product
Others ◍ Small Businesses
◍ Virus and Spam Blocking
◍ Intrusion Detection ◍ Firewalls
Virtual Private Network (VPN) Management
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Market Growth
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$ X Billion USD
