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According to a new report LAMEA Managed Security Services Market, the market is expected to attain a market size of $3.9 billion by 2022, growing at a CAGR of 20.8% during the forecast period.
LAMEA Managed Security Services Market Revenue Trend, 2012-2022 ( In USD Billion)
In 2015, based on the verticals, banking and financial sector with a market share of more than 33% has dominated the LAMEA managed security service market. The maximum growth in terms of CAGR is witnessed in Healthcare sector during the forecast period (2016-2022).
Intrusion detection/Prevention system segment has emerged as the dominating segment in terms of revenue generation for LAMEA managed security service market by application type. However, the endpoint security segment would showcase the maximum CAGR of 28.1% during the forecast period.
LAMEA Managed Security Services Market Revenue by Country - 2015 (in %)
In 2015, based on organization size, large enterprises held the dominant position. Based on Deployment type, hosted and cloud based deployment type would exhibit the maximum CAGR of 25.8% during the forecast period (2016-2022). LAMEA Managed Security Services Market Growth Trend by Country, 2015 -2022 The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the countries in LAMEA region. The key influencing factors of the LAMEA Managed Security Service 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.