ASEAN Managed Security Services Market, Forecast to 2020

Growing Demand for Advanced Detection and Remediation Driving the Market
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Published: 28 Feb 2017

The managed security services (MSS) market in ASEAN continued to grow significantly by 30.1% on a YoY basis in 2015 as companies continued to look to outsource their cyber security services to MSSPs that have expertise and skills to take care of their security posture, and monitor and respond to threats. The strong demand for MSS in ASEAN was greatly driven by some key factors, including the increasingly sophisticated threat landscape, the lack of indoor security professionals and skills, as well as the shift from the CapEx to OpEx model to save costs. End-user scope: Enterprise horizontals (large businesses and small and medium businesses) and Enterprise verticals (BFSI [banking, financial services, and insurance], manufacturing, government, education, service providers, and others). Market overview and adoption trends, market forecast (2015-2020), market share and competitive analysis, growth opportunities and call to action, regional breakdown analysis, and MSS vendor analysis have also been provided for the ASEAN MSS market. What makes Frost & Sullivan's deliverables unique? Frost & Sullivan’s cyber security reports offer insights into the latest technologies to improve companies’ cyber security posture. The research team performs in-depth studies of the latest threat techniques, interviews threat researchers, and involves security experts in the studies. Comprehensive market analysis is done for the following sectors: BFSI (banking, financial services, and insurance), manufacturing, government, education, service providers, and others (including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITeS, utilities, e-Commerce, and BPO). Key Questions Answered • Is the MSS market growing in ASEAN? How long will it continue to grow, and at what rate? • Are the existing market participants structured correctly to meet customer needs? • Will MSS continue to exist, or will other solutions and services take its place? • How will the structure of the market change with time? • Will the services replace the product markets? • What is the market demand for new services such as forensic and incident response?



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