PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1125233
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1125233
European Managed and Professional Security Services Market
Partnering with MSS/PSS Vendors to Advance Security Maturity
The Managed Security Services Market is made up of security vendors who provide technology, expertise, and management for the private and public sector, but the customer retains control and oversight.
Common services include DDoS protection or mitigation, managed firewall, vulnerability management, or breach & attack simulation. These services are sometimes provided onsite but are mostly delivered via the Security Operations Centers (SOCs) of the Managed Security Service Provider (MSSP). In the last two years, managed XDR and MDR have emerged as comprehensive service aggregators that serve as single-pane-of-glass services through which providers deploy incident response, and additional security capabilities.
Organizations decide to work with MSSPs mostly due to the lack of in-house headcount and expertise. MSSPs provide economies of scale that enable the organizations they serve to achieve significant savings by allowing the MSSP to manage, maintain, hire, train, and retain experienced cybersecurity professionals.
This study focuses on the European Managed & Professional Security Services market and includes revenue forecast for 2022-2025, with analysis of regions including the UK, DACH, Southern Europe, France, Benelux, Nordics and Rest of Europe.
The analysis also provides breakdown by verticals - FS, Healthcare, Retail, Technology, Utilities, Government, Education Manufacturing, Media & Communication, and Others (there is no breakdown for the 'Others' category), by business size - micro (<100 empl), small (100 - 1,000 empl), medium (1,001 - 2,500 empl), large (2,501 empl - 10,000), and super large (more than 10,000 empl) as well as by Service lines: (MSS) - Security Operations & Analytics, Network & Cloud security, Endpoint Protection, Vulnerability & Risk Management, Web Protection, and other, (PSS) - Response, Assessment, Implementation, and Advisory.
Table of Contents
Strategic Imperatives
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- The Impact of the Top 3 Strategic Imperatives for the European Managed and Professional Security Services Industry
- Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis-Managed & Professional Security Services Market
- Scope of Analysis
- Market Segmentation
- Growth Metrics
- Distribution Channels
- Growth Drivers
- Growth Restraints
- Forecast Assumptions
- Revenue Forecast
- Revenue Forecast for Managed Security Services
- Revenue Forecast for Professional Security Services
- Revenue Forecast by Region
- Percent Revenue Forecast by Region
- Percent Revenue Forecast by Vertical
- Percent Revenue Forecast by Enterprise Size
- Percent Revenue Forecast by Managed Security Service Lines
- Percent Revenue Forecast by Professional Security Service Lines
- Revenue Forecast Analysis
- Revenue Forecast Analysis by Region
- Revenue Forecast Analysis by Vertical
- Pricing Trends and Forecast Analysis
- Competitive Environment
- Revenue Share
- Revenue Share Analysis
Growth Opportunity Universe
- Growth Opportunity 1: Expanding into the Managed XDR/MDR Market, and Continued Investment into these Solutions
- Growth Opportunity 1: Expanding into the Managed XDR/MDR Market, and Continued Investment into these Solutions (continued)
- Growth Opportunity 2: Establishing SOCs Throughout Europe to Address Government Regulations and Privacy Concerns
- Growth Opportunity 2: Establishing SOCs Throughout Europe to Address Government Regulations and Privacy Concerns (continued)
- Growth Opportunity 3: Further Innovation: OT/IoT Security, Managed Identity and Managed SSE/SASE
- Growth Opportunity 3: Further Innovation: OT/IoT Security, Managed Identity and Managed SSE/SASE (continued)
Insights for CISOs
- Preliminary Considerations for CISOs or Directors of Security
- MSS/PSS Providers and Security Maturity
- Long-Term Strategic Planning
- Security Maturity is more than Technology, Tools, and Controls
- Technology-focused Security Maturity and Revenue
Next Steps
- Your Next Steps
- Why Frost, Why Now?
- List of Exhibits
- Legal Disclaimer
