Frost Radar(TM): Managed Security Services in the Americas, 2026

Managed security services (MSS) are strategically significant in the complex threat landscape shaped by hybrid work, multicloud and SaaS adoption, identity sprawl, OT digitization, skills shortages, ransomware, nation-state activity, regulatory pressure, and increasingly AI-enabled threats. In the Americas, MSS providers of outsourced and co-managed security operations have to cater to organizations with wildly different needs, use cases, security maturity levels, sizes, and sophistication. In North America (the region’s dominant revenue base), traditional outsourcing is evolving to advanced, platform-focused, outcome-driven MSS centered on AI-powered managed detection and response (MDR), managed secure access service edge, cloud and identity security, automation, and measurable improvements in detection, response, and operational efficiency. The Latin American market, while much smaller in absolute terms, offers significant expansion potential because of lower market penetration, accelerating digital transformation, limited in-house cyber capacity, and growing exposure to cyber risk. Success here depends more heavily on scalable delivery, partner ecosystems, indirect channels, and cost-efficient service packaging. Competition is intensifying in the region, with hundreds of participants. MSS providers increasingly compete not only with one another but also with MDR specialists, cloud-native security providers, and broad platform vendors.

Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™, considering their strengths and the opportunities that best fit those strengths.

Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform

Growth Index

Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.

• Market Share (previous 3 years)

This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years.

• Revenue Growth (previous 3 years)

This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™.

• Growth Pipeline

This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities.

• Vision and Strategy

This is an assessment of how well a company’s growth strategy is aligned with its vision.

Are the investments that a company is making in new products and markets consistent with the stated vision?

• Sales and Marketing

This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.

Innovation Index

Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.

• INNOVATION SCALABILITY

This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals.

• RESEARCH AND DEVELOPMENT

This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline.

• PRODUCT PORTFOLIO

This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue.

• MEGATRENDS LEVERAGE

This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline.

• CUSTOMER ALIGNMENT

This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.

Significance of Being on the Frost Radar™

Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.

• GROWTH POTENTIAL

Your organization has significant future growth potential, which makes it a Company to Action.

• BEST PRACTICES

Your organization is well positioned to shape Growth Pipeline™ best practices in your industry.

• COMPETITIVE INTENSITY

Your organization is one of the key drivers of competitive intensity in the growth environment.

• CUSTOMER VALUE

Your organization has demonstrated the ability to significantly enhance its customer value proposition.

• PARTNER POTENTIAL

Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.