North America Managed Security Services Market (2024-2030) | Outlook, Companies, Share, Growth, Forecast, Revenue, Industry, Value, Trends, Size & Analysis

Market Forecast by Countries (United States, Canada), By Type (Unified threat management, DDoS, Managed SIEM, Managed endpoint threat detection, Managed two factor authentication, Compliance management, Vulnerability management, Others), By Deployment (Cloud-based, On-premise), By Organization (Small and medium enterprises, Large enterprises), By Applications (BFSI, Government/defense, Healthcare, Manufacturing, Telecom & IT, Retail, Others) And Competitive Landscape

Product Code: ETC059312 Publication Date: May 2021 Updated Date: Sep 2024 Product Type: Report
Publisher: 6Wresearch No. of Pages: 200 No. of Figures: 90 No. of Tables: 30

North America Managed Security Services Market Highlights

Report Name North America Managed Security Services Market
Forecast period 2024-2030
CAGR 9.1%
Growing Sector Cybersecurity

Topics Covered in North America Managed Security Services Market Report

The North America Managed Security Services Market report provides a comprehensive evaluation by types, deployment models, organization sizes, and application sectors. This detailed report offers stakeholders valuable insights into current and projected market trends, main drivers, high-growth segments, and key challenges, aiding in the formulation of strategic decisions and aligning market strategies with evolving industry dynamics.

North America Managed Security Services Market Synopsis

The Managed Security Services (MSS) marketplace in North America is experiencing a strong expansion driven through the escalating chance landscape and the growing complexity of cybersecurity necessities. Key traits include the adoption of AI and system learning for hazard detection, the transition to cloud-based totally security answers, and the growing preference for complete managed protection services. The market is challenged with the aid of issues inclusive of preserving compliance with various regulatory requirements and the shortage of professional cybersecurity professionals. Despite these challenges, the demand for superior security solutions ensures persevered market resilience and growth.

According to 6Wresearch, The North America Managed Security Services Market size is expected to grow at a significant CAGR of 9.1% during the forecast period 2024-2030. The ManagThe increase of the North America Managed Security Services Market is inspired by using numerous factors, which include the growing frequency and class of cyber attacks and the increasing regulatory requirements mandating more desirable security features. Technological advancements, which includes AI and gadget mastering, enhance the performance and effectiveness of danger detection and reaction, bolstering the marketplace. Additionally, the shift closer to remote work environments and cloud adoption necessitates strong managed safety solutions to defend sensitive records and operations.

The North America Managed Security Services Market encounters challenges which include the regulatory compliance complexity throughout numerous jurisdictions and sectors. Another good sized hurdle is the shortage of skilled cybersecurity specialists, which could avoid the implementation and management of sophisticated safety solutions. Additionally, the excessive charges related to advanced security technology and services may be prohibitive for small and medium-sized businesses (SMEs), proscribing their adoption and integration within present infrastructure.

North America Managed Security Services Market Leading Players

Leading players in the North America Managed Security Services Market include IBM, SecureWorks, and AT&T Cybersecurity. These companies play a critical role in market growth by offering innovative and comprehensive security solutions. Their emphasis on research, strategic collaborations, and a strong focus on evolving client needs ensures their leadership and continuous contribution to market expansion.

North America Managed Security Services Market Government Initiatives

Government initiatives such as the “Cybersecurity Enhancement Act” and the “National Cyber Strategy” bolster the growth of the managed security services market. These policies promote the adoption of robust cybersecurity measures and mandate compliance with stringent security standards. Government funding and support for cybersecurity research and the development of workforce skills also contribute significantly to market expansion, ensuring a resilient and secure digital economy.

Future Insights of the Market

The destiny of the North America Managed Security Services Market seems promising with trends consisting of the integration of AI and device studying for superior danger detection, automated incident reaction, and non-stop improvements in cybersecurity measures. The boom in hybrid cloud deployments and the extra reliance on faraway paintings environments will further power call for. Addressing regulatory compliance and group of workers ability gaps could be critical for maintaining growth and making sure the security of virtual infrastructures.

Market Segmentation By Countries

According to Ravi Bhandari, Research Head, 6Wresearch, the United States is the fastest-growing country within the North America Managed Security Services market. This rapid growth is driven by the increasing frequency of cyber threats and the strong emphasis on regulatory compliance and data protection across various industries. The robust demand for advanced security solutions to safeguard sensitive information and critical infrastructure further propels the market's expansion in the United States.

Market Segmentation By Type

Within the types of managed security services, Unified Threat Management (UTM) is experiencing the fastest growth. UTM solutions consolidate multiple security functionalities such as firewall, intrusion detection, antivirus, and content filtering into a single platform, providing comprehensive protection and simplifying management for organizations. The convenience and effectiveness of UTM in addressing diverse security challenges make it an attractive choice for businesses striving to enhance their cybersecurity posture.

Market Segmentation By Deployment

In terms of deployment types, Cloud-Based Managed Security Services are witnessing robust growth in the North America market. Cloud-based solutions offer scalability, cost-effectiveness, and ease of deployment, making them particularly appealing to businesses of all sizes. The growing trend of remote work and the need for flexible security solutions that can be quickly adapted to changing threats contribute to the increased adoption of cloud-based managed security services.

Market Segmentation By Organization

Among organizational segments, Small And Medium Enterprises (SMEs) are the fastest-growing in the North America Managed Security Services market. SMEs are increasingly recognizing the importance of robust cybersecurity measures to protect their operations and customer data. Managed security services provide SMEs with access to advanced security technologies and expertise without the need for substantial capital investments, enabling them to enhance their security posture while maintaining cost efficiency.

Market Segmentation By Applications

Within the applications segment, the Healthcare sector stands out as the fastest-growing in the North America Managed Security Services market. The critical need to protect sensitive patient information, comply with stringent regulatory requirements, and safeguard against frequent cyberattacks drives the demand for managed security services in the healthcare industry. As healthcare organizations continue to digitize their operations and expand their use of connected medical devices, the importance of robust security measures becomes increasingly paramount.

Key Attractiveness of the Report

  • 10 Years Market Numbers.
  • Historical Data Starting from 2020 to 2023.
  • Base Year 2023
  • Forecast Data until 2030.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects

Key Highlights of the Report

  • North America Managed Security Services Market Outlook
  • Market Size of North America Managed Security Services Market, 2023
  • Forecast of North America Managed Security Services Market, 2030
  • Historical Data and Forecast of North America Managed Security Services Revenues & Volume for the Period 2020 - 2030
  • North America Managed Security Services Market Trend Evolution
  • North America Managed Security Services Market Drivers and Challenges
  • North America Managed Security Services Price Trends
  • North America Managed Security Services Porter's Five Forces
  • North America Managed Security Services Industry Life Cycle
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Unified threat management for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By DDoS for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Managed SIEM for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Managed endpoint threat detection for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Managed two factor authentication for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Compliance management for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Vulnerability management for the Period 2020 - 2030
  • Historical Data and Forecast of North America Unified threat management Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Unified threat management for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By DDoS for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Managed SIEM for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Managed endpoint threat detection for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Managed two factor authentication for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Compliance management for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Vulnerability management for the Period 2020 - 2030
  • Historical Data and Forecast of United States Unified threat management Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Type for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Unified threat management for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By DDoS for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Managed SIEM for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Managed endpoint threat detection for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Managed two factor authentication for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Compliance management for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Vulnerability management for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Unified threat management Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Deployment for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Cloud-based for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By On-premise for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Deployment for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Cloud-based for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By On-premise for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Deployment for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Cloud-based for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By On-premise for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Organization for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Small and medium enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Large enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Organization for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Small and medium enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Large enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Organization for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Small and medium enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Large enterprises for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By BFSI for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Government/defense for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Telecom & IT for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of North America Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By BFSI for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Government/defense for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Telecom & IT for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of United States Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Applications for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By BFSI for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Government/defense for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Healthcare for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Manufacturing for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Telecom & IT for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Retail for the Period 2020 - 2030
  • Historical Data and Forecast of Canada Managed Security Services Market Revenues & Volume By Others for the Period 2020 - 2030
  • North America Managed Security Services Market - Key Performance Indicators
  • North America Managed Security Services Market - Import Export Trade Statistics
  • North America Managed Security Services Market - Opportunity Assessment By Countries
  • North America Managed Security Services Market - Opportunity Assessment By Type
  • North America Managed Security Services Market - Opportunity Assessment By Deployment
  • North America Managed Security Services Market - Opportunity Assessment By Organization
  • North America Managed Security Services Market - Opportunity Assessment By Applications
  • North America Managed Security Services Market - Top Companies Market Share
  • North America Managed Security Services Market - Top Companies Profiles
  • North America Managed Security Services Market - Comparison of Players in Technical and Operating Parameters
  • North America Managed Security Services Market - Strategic Recommendations

Market Covered

The report offers a comprehensive study of the following market segments

By Countries

  • United States
  • Canada

By Type

  • Unified Threat Management
  • DDoS
  • Managed SIEM
  • Managed Endpoint Threat Detection
  • Managed Two Factor Authentication
  • Compliance Management
  • Vulnerability Management
  • Others

By Deployment

  • Cloud-Based
  • On-Premise

By Organization Size

  • Small and Medium Enterprises (SMEs)
  • Large Enterprises

By Applications

  • BFSI
  • Government/Defense
  • Healthcare
  • Manufacturing
  • Telecom & IT
  • Retail
  • Others
North America Managed Security Services Market (2024-2030); FAQs
Rising cyber attack frequency, regulatory requirements, and technological advancements in AI and machine learning.
Regulatory compliance complexity, skill shortages, and high costs of advanced security technologies.
IBM, SecureWorks, and AT&T Cybersecurity.
Initiatives like the “Cybersecurity Enhancement Act” and the “National Cyber Strategy”.
Promising growth with AI-driven threat detection, automated response, and robust cybersecurity measures.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 North America Managed Security Services Market Overview
3.1 North America Regional Macro Economic Indicators
3.2 North America Managed Security Services Market Revenues & Volume, 2020 & 2030F
3.3 North America Managed Security Services Market - Industry Life Cycle
3.4 North America Managed Security Services Market - Porter's Five Forces
3.5 North America Managed Security Services Market Revenues & Volume Share, By Countries, 2020 & 2030F
3.6 North America Managed Security Services Market Revenues & Volume Share, By Type, 2020 & 2030F
3.7 North America Managed Security Services Market Revenues & Volume Share, By Deployment, 2020 & 2030F
3.8 North America Managed Security Services Market Revenues & Volume Share, By Organization, 2020 & 2030F
3.9 North America Managed Security Services Market Revenues & Volume Share, By Applications, 2020 & 2030F
4 North America Managed Security Services Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 North America Managed Security Services Market Trends
6 North America Managed Security Services Market, 2020 - 2030
6.1 North America Managed Security Services Market, Revenues & Volume, By Type, 2020 - 2030
6.2 North America Managed Security Services Market, Revenues & Volume, By Deployment, 2020 - 2030
6.3 North America Managed Security Services Market, Revenues & Volume, By Organization, 2020 - 2030
6.4 North America Managed Security Services Market, Revenues & Volume, By Applications, 2020 - 2030
7 United States Managed Security Services Market, 2020 - 2030
7.1 United States Managed Security Services Market, Revenues & Volume, By Type, 2020 - 2030
7.2 United States Managed Security Services Market, Revenues & Volume, By Deployment, 2020 - 2030
7.3 United States Managed Security Services Market, Revenues & Volume, By Organization, 2020 - 2030
7.4 United States Managed Security Services Market, Revenues & Volume, By Applications, 2020 - 2030
8 Canada Managed Security Services Market, 2020 - 2030
8.1 Canada Managed Security Services Market, Revenues & Volume, By Type, 2020 - 2030
8.2 Canada Managed Security Services Market, Revenues & Volume, By Deployment, 2020 - 2030
8.3 Canada Managed Security Services Market, Revenues & Volume, By Organization, 2020 - 2030
8.4 Canada Managed Security Services Market, Revenues & Volume, By Applications, 2020 - 2030
9 North America Managed Security Services Market Key Performance Indicators
10 North America Managed Security Services Market - Opportunity Assessment
10.1 North America Managed Security Services Market Opportunity Assessment, By Countries, 2020 & 2030F
10.2 North America Managed Security Services Market Opportunity Assessment, By Type, 2020 & 2030F
10.3 North America Managed Security Services Market Opportunity Assessment, By Deployment, 2020 & 2030F
10.4 North America Managed Security Services Market Opportunity Assessment, By Organization, 2020 & 2030F
10.5 North America Managed Security Services Market Opportunity Assessment, By Applications, 2020 & 2030F
11 North America Managed Security Services Market - Competitive Landscape
11.1 North America Managed Security Services Market Revenue Share, By Companies, 2023
11.2 North America Managed Security Services Market Competitive Benchmarking, By Operating and Technical Parameters
12 Company Profiles
13 Recommendations
14 Disclaimer
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