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According to a new report Europe Managed Security Services Market, the market is expected to attain a market size of $12.4 billion by 2022, growing at a CAGR of 15.1% during the forecast period.
Europe Managed Security Services Market Revenue Trend, 2012-2022 ( In USD Billion)
Among the verticals, banking and financial sector with a market share of around 34%, has dominated the managed security services market in 2015. With the maximum CAGR of 16.8%, healthcare sector has emerged as one of the promising verticals.
Based on the application type, Secured information and event management (SIEM) segment would dominate the managed security services market in 2022. In 2015, intrusion detection/Prevention system segment holds the dominant position with market revenue of $1.5 billion. Endpoint security segment would witness the maximum CAGR of 23.8% during the forecast period (2016-2022).
Europe Managed Security Services Market Revenue by Country - 2015 (in %)
Hosted and cloud based deployment would exhibit the maximum growth of 21.2% during the forecast period (2016-2022), based on the deployment type. Based on organization size, Large enterprises held a dominant position in
Europe Managed Security Services Market Growth Trend by Country, 2015 - 2022
Based on the country-wise analysis, Germany holds the dominant position in Europe Managed Security Services Market. Italy would witness the highest CAGR of 17.6% during the forecast period (2016-2022). The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in the European region. The key influencing factors of the Europe Managed Security Services market have been discussed in the report along with the elaborated company profiles namely, IBM Corporation, HP Enterprise Company, Dell (SecureWorks) Inc., Cisco Systems Inc., Symantec Corporation, AT&T Inc., Check Point Software Technologies Ltd Intel Corporation and Computer Science Corporation.