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Advanced Persistent Threats Drive Demand for Cyber Threat Detection and Remediation Services Research PREVIEW for the Analysis of the North American Managed Security Services Market @FS_ITVision

Analysis of the North American Managed Security Services Market

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Advanced Persistent Threats Drive

Demand for Cyber Threat Detection and

Remediation Services

Research PREVIEW for the

Analysis of the North American Managed Security Services

Market

@FS_ITVision

Sample of Key Highlights

• Managed Security Services (MSS) include a degree of proactive monitoring

of the customer’s security environment, and may encompass protection

against denial of service attacks; email viruses and worms; spam; firewalls;

and network intrusion detection and prevention services.

• Security asset management and monitoring continues to be largest

segment of the market. Threat intelligence, research, detection, and

remediation services are a growth driver for the industry.

• The enterprise segment continues to dominate the managed security

services market, with about 7 out every 10 dollars in the market coming

from this segment. This fact will not change over the forecast period.

Source: Frost & Sullivan analysis.

Impact: H High M Medium L Low

Mark

et

Dri

vers

M

ark

et

Restr

ain

ts

Note: Drivers & Restraints are ranked in order of impact. Source: Frost & Sullivan

1–2 Years 3–4 Years 5th Year

Total Managed Security Services Market: Key Market Drivers and Restraints, Global, 2014–2018

Drivers and Restraints

Evolving compliance requirements for organizations drive the need for managed security service providers in North America

The shortage of in-house and deep security expertise and talent drives demand for organizations to partner with a managed security service provider

The increasing complexity of network security point products is difficult to manage for businesses with small security teams.

Intensifying focus on the core functions of the organization drive cloud service adoption and outsourcing to MSSPs

The increasing complexity and focused targeting of attacks boosts demand for organizations to pursue a managed security service provider relationship

Lack of security budget and project planning

Organizations feel that they have sufficient resources to handle their own information security needs

Many organizations do not want to lose control of their data

The lack of comprehensive threat awareness and understanding hinders organizations from outsourcing to a managed security service provider

H

H

H

M

M

H

H

H

H

L

H

M

M

M

L

H

M

M

M

H

H

M

L

M

L

L

L

2

3

4

5

1

Source: Frost & Sullivan

Executive Summary—CEO’s Perspective

The sophistication of advanced persistent

cyber threats is growing rapidly. Managed

security service providers provide

specialized expertise to combat such threats.

Network security professionals are in high

demand and may be difficult to recruit and

retain. Managed security services alleviate

some of the human resource burden.

A proliferation of network security point

solutions has increased the complexity of

network security. Outsourcing the complex

security management is compelling.

Compliance requirements require special

attention. Manage security service providers

are experts in assisting businesses in

maintaining compliance.

Businesses can outsource to a service

provider, but can never outsource

responsibility.

Details of the Full Analysis

The Full Analysis Features the Following Content

Section Slide Number

Executive Summary 4

Market Overview 8

Total Managed Security Services Market -

• External Challenges: Drivers and Restraints 22

• Forecasts and Trends 32

• Market Share and Competitive Analysis 51

Market and Technology Trends 57

The Last Word 62

Appendix 66

Source: Frost & Sullivan

Executive Summary—Key Questions This Study Will

Answer

How does the size of the managed security services market vary between the enterprise and SMB

segments?

How will the customer premises equipment (CPE)-based and hosted segments of the security

asset management and monitoring change over time?

What are managed security services and why are they needed?

What is the market size for North American managed security services now and in the future?

Who are the dominant managed security services providers in North America?

What are the prospects for the security asset management and monitoring; threat intelligence,

research, detection and remediation; risk and compliance management; and advanced and

emerging managed security services?

Partial List of Companies Interviewed

AT&T

British Telecom

CenturyLink

Cisco

Dell SecureWorks

HP

IBM

Level 3

Megapath

Network Box

Nuspire

Open Systems

Orange Business Services

Symantec

Trustwave

Verizon

Associated Multimedia

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Interested in Full Access? Connect With Us

Clarissa Castaneda Corporate Communications

(210) 477-8481

[email protected]

Research Authors

Lead Analyst

Frank Dickson

Industry Principal, Network Security

Frost & Sullivan

Research Director

Michael Suby

VP of Research, Network Security

Frost & Sullivan

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