DUBLIN--(BUSINESS WIRE)--The "APAC Managed Security Services Market, Forecast to 2024 - Increasingly Sophisticated Threat Landscape Drives Uptake of MSS" report has been added to ResearchAndMarkets.com's offering.

Revenue generation in the APAC MSS market is likely to be impeded by the global COVID-19 pandemic, it will recover quickly after 2020 at a CAGR of 14.9% (2019-2024); growth will vary with each country in the region.

Managed security services (MSS) offered are categorized into 2 segments: hosted security services (HSS) and CPE-based management monitoring services (MMS).

Though ANZ is a fragmented market with a large number of local security providers competing with international participants in both Australia and New Zealand, it will continue on a steady growth path.

The ASEAN market is expected to maintain its strong growth over the next 5 years. The lack of budget allocated to cybersecurity, specifically to strengthen detection and response capabilities, is one of the reasons why businesses engage MSSPs.

The Indian MSS market is set to experience a robust, double-digit CAGR from 2019 to 2024, indicating that the market will continue seeing strong growth in the next 5 years.

Greater China region recorded strong YoY growth in 2019. Regulatory pressure and the evolving threat landscape will be top driving factors, especially in highly regulated sectors.

The Japanese MSS market is the largest in the APAC region; it is expected to grow at a healthy CAGR of 9.6% from 2019 to 2024.

Growth of the South Korean market was relatively flat when compared to other countries in APAC. Owing to the government's smart factory supply expansion project, the manufacturing vertical will continue to be a key revenue contributor and help the market grow at a CAGR of 12.1%.

Key Topics Covered:

1. Strategic Imperatives

• Why is it Increasingly Difficult to Grow?
• The Strategic Imperative
• The Impact of the Top Three Strategic Imperatives on Managed Security Service Market
• Growth Opportunities Fuel the Growth Pipeline Engine

2. Growth Opportunity Analysis, Managed Security Services Market

• Managed Security Services Market Scope of Analysis
• Market Segmentation
• Key Growth Metrics for MSS Market
• Key Competitors for MSS Market
• Growth Drivers for MSS Market
• Growth Driver Analysis for MSS Market
• Growth Restraints for MSS Market
• Growth Restraint Analysis for MSS Market
• Forecast Assumptions, MSS Market
• Revenue Forecast, MSS Market
• Revenue Forecast by Segment, MSS Market
• Revenue Forecast by Region, MSS Market
• Revenue Forecast Analysis, MSS Market
• Revenue Forecast Discussion by Region, MSS Market
• Percent Revenue by Region, MSS Market
• Competitive Environment, MSS Market
• Revenue Share, MSS Market
• Percent Revenue by Vertical, MSS Market
• Percent Revenue by Horizontal, MSS Market

3. Growth Opportunity Analysis, MSS Market, Greater China

• Key Growth Metrics for MSS Market, Greater China
• Key Findings, MSS Market, Greater China
• Revenue Forecast, MSS Market, Greater China
• Revenue Forecast by Segment, MSS Market, Greater China
• Revenue Forecast by Country, MSS Market, Greater China
• Revenue Forecast Discussion by Country, MSS Market, Greater China
• Competitive Environment, MSS Market, Greater China
• Revenue Share Analysis, MSS Market, Greater China

4. Company Profiles, Managed Security Services Market

• Availability and Completeness of Managed Security Services Offerings
• Regional Geographic Coverage of Managed Security Services Offerings
• Country/Region Legend for Security Operation Centers
• CITIC Telecom CPC
• DXC Technology
• IBM Security
• Samsung SDS
• Secureworks
• SKInfosec
• NRI Secure Technologies
• NSFOCUS
• NTT
• Tata Communications
• Telstra
• Trustwave, a Singtel Company
• Verizon

5. Growth Opportunity Universe, Managed Security Services Market

• Growth Opportunity 1 - Growing Interest in Advanced MSS, 2020
• Growth Opportunity 2 - Growing Demand for Cloud Security, 2020

6. Next Steps

Companies Mentioned

• Accenture
• ACSI
• AhnLab
• AIMS
• AT&T
• Bkav
• BT
• CAT Cyfence
• CHT Security
• CITIC Telecom CPC
• CMC Infosec
• DXC Technology
• E-CQURITY
• Ensign
• HCL Comnet
• HeiTech Padu
• i-secure
• IBM Security
• IIJ
• ISSDU
• KDDI
• LAC
• Lumen Technologies
• MBSD
• Microland
• NEC
• Network Box
• NRI Secure Technologies
• NSFOCUS
• NTT
• Orange
• PCCW
• Samsung SDS
• Secureworks
• SKInfosec
• ST Electronics
• SysArmy
• Tata Communications
• TechMahindra
• Telkomtelstra
• Telstra
• TM ONE
• TOPSEC
• Trustwave, a Singtel Company
• Unisys
• VCS
• Venustech
• Verizon
• Wipro

For more information about this report visit https://www.researchandmarkets.com/r/odq78s

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