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: ETC013915 | Publication Date: Oct 2020 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Australia Managed Security Services Market report thoroughly covers the market By Type, By Deployment, By Organization, and By Applications. 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.
Australia Managed Security Services Market has witnessed remarkable growth in recent years, driven by increasing cyber threats and the need for businesses to comply with data protection regulations. The sector continues to evolve, with providers integrating advanced technologies such as artificial intelligence (AI) and machine learning (ML) to enhance their threat detection and response capabilities.
According to 6Wresearch, the Australia Managed Security Services Market size is projected to reach a CAGR of 3.5% during the forecast period of 2025-2031. The market is experiencing significant growth, driven by the increasing complexity and frequency of cyber threats. Organizations are recognizing the necessity of advanced security measures to protect their digital assets and data, propelling the demand for managed security services. Additionally, the stringent regulatory landscape, requiring businesses to ensure data protection and privacy, further fuels this demand. The market is also witnessing a trend towards cloud-based security solutions, offering scalable and cost-effective options for businesses of all sizes. However, challenges such as the shortage of skilled cybersecurity professionals and concerns regarding data privacy in cloud-based models pose obstacles to market growth. Nonetheless, the opportunity for managed security service providers (MSSPs) lies in offering integrated, end-to-end security solutions and in addressing the talent gap with innovative technologies like AI and machine learning for automated threat detection and response.
The government has been proactive in shaping the landscape of the Australia Managed Security Services Industry through various policies and schemes designed to fortify the nation's cybersecurity infrastructure. Initiatives such as the Australian Cyber Security Strategy, which earmarks significant funding for enhancing the country's cyber defense capabilities, have played a pivotal role. This strategy aims to protect national interests and further boosts the managed security services sector by encouraging investments and collaborations between public and private entities. The government's efforts have also led to the establishment of various cybersecurity agencies and organizations, such as the Australian Cyber Security Centre (ACSC) and the Australian Signals Directorate (ASD).
Several major players dominate the Australia managed security services market, including global giants and local frontrunners. Companies like IBM Australia, Telstra, and Macquarie Telecom are at the forefront, offering a wide range of services from threat intelligence and detection to incident response and recovery solutions.
The Australia managed security services market is poised for robust growth owing to the escalating threat of cyber-attacks, stringent regulatory requirements, and the increasing complexity of IT infrastructure drive the demand for sophisticated security solutions. Additionally, the adoption of cutting-edge technologies like artificial intelligence (AI) and machine learning (ML) in cybersecurity is expected to offer new opportunities for innovation and efficiency, further fueling the Australia Managed Security Services Market Growth.
According to Mohit, Senior Research Analyst, 6Wresearch, the Healthcare segment forecast to hold the leading position in the market due to the escalating need to protect patient data and hospital networks from increasingly sophisticated cyber-attacks.
By Type, the Managed SIEM segment is dominating the Australia Managed Security Services Market Share during the forecast period due to the increasing need of organizations to effectively monitor, record, and analyse their security events in real time.
Key Attractiveness of the Report
The report offers a comprehensive study of the subsequent market segments:
By Type
By Deployment
By Organization
By Applications
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 Australia Managed Security Services Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Managed Security Services Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Managed Security Services Market - Industry Life Cycle |
3.4 Australia Managed Security Services Market - Porter's Five Forces |
3.5 Australia Managed Security Services Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Managed Security Services Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
3.7 Australia Managed Security Services Market Revenues & Volume Share, By Organization, 2021 & 2031F |
3.8 Australia Managed Security Services Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Australia Managed Security Services Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Managed Security Services Market Trends |
6 Australia Managed Security Services Market, By Types |
6.1 Australia Managed Security Services Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Managed Security Services Market Revenues & Volume, By Type, 2021-2031F |
6.1.3 Australia Managed Security Services Market Revenues & Volume, By Unified threat management, 2021-2031F |
6.1.4 Australia Managed Security Services Market Revenues & Volume, By DDoS, 2021-2031F |
6.1.5 Australia Managed Security Services Market Revenues & Volume, By Managed SIEM, 2021-2031F |
6.1.6 Australia Managed Security Services Market Revenues & Volume, By Managed endpoint threat detection, 2021-2031F |
6.1.7 Australia Managed Security Services Market Revenues & Volume, By Managed two factor authentication, 2021-2031F |
6.1.8 Australia Managed Security Services Market Revenues & Volume, By Compliance management, 2021-2031F |
6.1.9 Australia Managed Security Services Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Australia Managed Security Services Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Managed Security Services Market, By Deployment |
6.2.1 Overview and Analysis |
6.2.2 Australia Managed Security Services Market Revenues & Volume, By Cloud-based, 2021-2031F |
6.2.3 Australia Managed Security Services Market Revenues & Volume, By On-premise, 2021-2031F |
6.3 Australia Managed Security Services Market, By Organization |
6.3.1 Overview and Analysis |
6.3.2 Australia Managed Security Services Market Revenues & Volume, By Small and medium enterprises, 2021-2031F |
6.3.3 Australia Managed Security Services Market Revenues & Volume, By Large enterprises, 2021-2031F |
6.4 Australia Managed Security Services Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Australia Managed Security Services Market Revenues & Volume, By BFSI, 2021-2031F |
6.4.3 Australia Managed Security Services Market Revenues & Volume, By Government/defense, 2021-2031F |
6.4.4 Australia Managed Security Services Market Revenues & Volume, By Healthcare, 2021-2031F |
6.4.5 Australia Managed Security Services Market Revenues & Volume, By Manufacturing, 2021-2031F |
6.4.6 Australia Managed Security Services Market Revenues & Volume, By Telecom & IT, 2021-2031F |
6.4.7 Australia Managed Security Services Market Revenues & Volume, By Retail, 2021-2031F |
7 Australia Managed Security Services Market Import-Export Trade Statistics |
7.1 Australia Managed Security Services Market Export to Major Countries |
7.2 Australia Managed Security Services Market Imports from Major Countries |
8 Australia Managed Security Services Market Key Performance Indicators |
9 Australia Managed Security Services Market - Opportunity Assessment |
9.1 Australia Managed Security Services Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Managed Security Services Market Opportunity Assessment, By Deployment, 2021 & 2031F |
9.3 Australia Managed Security Services Market Opportunity Assessment, By Organization, 2021 & 2031F |
9.4 Australia Managed Security Services Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Australia Managed Security Services Market - Competitive Landscape |
10.1 Australia Managed Security Services Market Revenue Share, By Companies, 2024 |
10.2 Australia Managed Security Services Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |