Market Forecast 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: ETC013885 | Publication Date: Jun 2023 | Updated Date: Jan 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Argentina Managed Security Services Market report thoroughly covers the market by type, by deployment, by organizations, and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Argentina Managed Security Services Market is expected to grow significantly owing to the increasing demand for managed security solutions offered by various organizations. These services include network management, data access control, system monitoring and other related activities. Several factors are driving the growth of this industry such as rapid digitalization in businesses, rising concerns over cyber threats and attacks, and government initiatives encouraging digital transformation among enterprises.
According to 6Wresearch, the Argentina Managed Security Services Market size is projected to register a CAGR of 11.7% during the forecast period of 2024-2030. With the rise of cyber threats, the demand for managed security services has increased. The increasing number of cyber threats and data breaches is the primary driver of the Argentina managed security services market. Industries such as healthcare, finance, and defense are vulnerable to cyber-attacks, propelling the demand for security solutions. Moreover, the need to comply with various regulations and guidelines is encouraging organizations to adopt managed security services. In Argentina, managed security service providers (MSSPs) are shifting from traditional security services such as firewall and antivirus to advanced solutions such as cloud security, identity, and access management, and security analytics. The market is also seeing an increase in demand for managed detection and response (MDR) services that combine human expertise with machine intelligence. Furthermore, MSSPs are also focusing on providing tailor-made solutions for businesses and implementing a multi-layered security approach. However, the adoption of managed security services can be challenging for companies with limited IT budgets. There is also a shortage of skilled cybersecurity professionals in the country, which is driving the cost of these services. The complexity of managing multiple security solutions from different vendors can hinder the market's growth. Furthermore, the country's economic instability and political uncertainty can impact the Argentina Managed Security Services Market Growth.
The main driver of the Argentina Managed Security Services Market is the government’s focus on cybersecurity and data privacy. The government introduced the ‘National Cybersecurity Plan,’ aimed at enhancing the country's cybersecurity infrastructure, mainly the critical infrastructure sectors like energy, transportation, and banking. Another significant scheme introduced by the government is the “Smart City Program,” which aims to increase security in urban areas through technology-based solutions. The program aims to make cities smarter and safer by implementing security solutions like video surveillance, digital access control, and integrated emergency response systems. The government has also introduced favorable economic policies to attract investment in the sector. The “Knowledge-based Economy Promotion Law” provides tax incentives and subsidies to companies that invest in technology development and innovation.
Argentina Managed Security Services Market is shaping up as companies seek to safeguard their data and infrastructure from cyber threats. Some of the leading players in the market include IBM Security, Telefónica Tech, Softtek, EY, and Fortinet
According to Shivani, Senior Research Analyst, 6Wresearch, the Cloud-Based segment is growing at a considerable rate and forecast to lead the Argentina Managed Security Services Market Share as they are cost-effective and scalable and require less investment in hardware. On the other hand, On-Premise solutions require significant capital investments and extensive IT staff skills.
Based on Applications, the BFSI and government/defense sectors are the primary sectors that utilize MSSs. Both industries need to meet strict cybersecurity standards and comply with various regulations.
The report offers a comprehensive study of the subsequent market segments:
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 Argentina Managed Security Services Market Overview |
3.1 Argentina Country Macro Economic Indicators |
3.2 Argentina Managed Security Services Market Revenues & Volume, 2020 & 2030F |
3.3 Argentina Managed Security Services Market - Industry Life Cycle |
3.4 Argentina Managed Security Services Market - Porter's Five Forces |
3.5 Argentina Managed Security Services Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.6 Argentina Managed Security Services Market Revenues & Volume Share, By Deployment, 2020 & 2030F |
3.7 Argentina Managed Security Services Market Revenues & Volume Share, By Organization, 2020 & 2030F |
3.8 Argentina Managed Security Services Market Revenues & Volume Share, By Applications, 2020 & 2030F |
4 Argentina Managed Security Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Argentina Managed Security Services Market Trends |
6 Argentina Managed Security Services Market, By Types |
6.1 Argentina Managed Security Services Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Argentina Managed Security Services Market Revenues & Volume, By Type, 2020 - 2030F |
6.1.3 Argentina Managed Security Services Market Revenues & Volume, By Unified threat management, 2020 - 2030F |
6.1.4 Argentina Managed Security Services Market Revenues & Volume, By DDoS, 2020 - 2030F |
6.1.5 Argentina Managed Security Services Market Revenues & Volume, By Managed SIEM, 2020 - 2030F |
6.1.6 Argentina Managed Security Services Market Revenues & Volume, By Managed endpoint threat detection, 2020 - 2030F |
6.1.7 Argentina Managed Security Services Market Revenues & Volume, By Managed two factor authentication, 2020 - 2030F |
6.1.8 Argentina Managed Security Services Market Revenues & Volume, By Compliance management, 2020 - 2030F |
6.1.9 Argentina Managed Security Services Market Revenues & Volume, By Others, 2020 - 2030F |
6.1.10 Argentina Managed Security Services Market Revenues & Volume, By Others, 2020 - 2030F |
6.2 Argentina Managed Security Services Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Argentina Managed Security Services Market Revenues & Volume, By Cloud-based, 2020 - 2030F |
6.2.3 Argentina Managed Security Services Market Revenues & Volume, By On-premise, 2020 - 2030F |
6.3 Argentina Managed Security Services Market, By Organization |
6.3.1 Overview and Analysis |
6.3.2 Argentina Managed Security Services Market Revenues & Volume, By Small and medium enterprises, 2020 - 2030F |
6.3.3 Argentina Managed Security Services Market Revenues & Volume, By Large enterprises, 2020 - 2030F |
6.4 Argentina Managed Security Services Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Argentina Managed Security Services Market Revenues & Volume, By BFSI, 2020 - 2030F |
6.4.3 Argentina Managed Security Services Market Revenues & Volume, By Government/defense, 2020 - 2030F |
6.4.4 Argentina Managed Security Services Market Revenues & Volume, By Healthcare, 2020 - 2030F |
6.4.5 Argentina Managed Security Services Market Revenues & Volume, By Manufacturing, 2020 - 2030F |
6.4.6 Argentina Managed Security Services Market Revenues & Volume, By Telecom & IT, 2020 - 2030F |
6.4.7 Argentina Managed Security Services Market Revenues & Volume, By Retail, 2020 - 2030F |
7 Argentina Managed Security Services Market Import-Export Trade Statistics |
7.1 Argentina Managed Security Services Market Export to Major Countries |
7.2 Argentina Managed Security Services Market Imports from Major Countries |
8 Argentina Managed Security Services Market Key Performance Indicators |
9 Argentina Managed Security Services Market - Opportunity Assessment |
9.1 Argentina Managed Security Services Market Opportunity Assessment, By Type, 2020 & 2030F |
9.2 Argentina Managed Security Services Market Opportunity Assessment, By Deployment, 2020 & 2030F |
9.3 Argentina Managed Security Services Market Opportunity Assessment, By Organization, 2020 & 2030F |
9.4 Argentina Managed Security Services Market Opportunity Assessment, By Applications, 2020 & 2030F |
10 Argentina Managed Security Services Market - Competitive Landscape |
10.1 Argentina Managed Security Services Market Revenue Share, By Companies, 2023 |
10.2 Argentina Managed Security Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |