According to TechSci Research, UK managed security services market is expected to grow at an impressive rate during the forecast period. The UK managed security services market is driven by the increasing sophistication and complexity of cyber-attacks. This has increased the demand for advanced threat protection solutions among the organizations. This in turn is expected to positively influence the market growth through 2027. Additionally, growing adoption of advanced technologies such as IoT, AI, cloud-based solutions, blockchain, among others are expected to create lucrative opportunities for the market growth.
Furthermore, growing need to protect the IT resources and important organization data & information from malwares, ransomwares, among others is expected to spur the market growth over the next few years. However, dearth of skilled professionals to manage the cybersecurity within an organization can hamper the market growth. Besides, high cost of cyber security solutions can pose budget constraints among organizations especially for the SMEs can further restrict the market growth during the forecast period.
The UK managed security services market is segmented based on type, security type, deployment mode, organization size, end user industry, company, and region. Based on security type, the market can be categorized into network security, endpoint security, application security, cloud security and others. The endpoint security segment is expected to dominate the market during the forecast period. This can be ascribed to the growing BYOD trend among organizations especially among the SMEs.
Additionally, growing need to mitigate cyber-attacks and malware threats further drive the segmental growth. Based on deployment mode, the market can be split into on-premises and cloud. The cloud segment is expected to dominate the market on account of the associated benefits such as scalability, flexibility, auto-update feature, large storage space, among others offered by cloud.
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The major players operating in the managed security services market are BAE Systems, BT Counterpane, IBM United Kingdom Ltd, SecureWorks, Trustwave Holdings, Accenture UK Ltd., CenturyLink Communications UK Ltd, Verizon UK Ltd, DXC Technology, Fujitsu Services Holdings PLC, and others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of UK managed security services market from 2017 to 2020.
- To estimate and forecast the market size of UK managed security services market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast UK managed security services market based on type, security type, deployment mode, organization size, end user industry, company, and regional distribution.
- To identify dominant region or segment in the UK managed security services market.
- To identify drivers and challenges for UK managed security services market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in UK managed security services market.
- To identify and analyze the profile of leading players operating in UK managed security services market.
- To identify key sustainable strategies adopted by market players in UK managed security services market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of UK managed security services market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.
Key Target Audience:
- Managed security services provider companies
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to managed security services
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2021 |
| Historic Data | 2017 – 2020 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027 |
| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type
· Security Type · Deployment Mode · Organization Size · End User Industry |
| Country scope | England, Scotland, Wales & Northern Ireland |
| Key companies profiled | BAE Systems, BT Counterpane, IBM United Kingdom Ltd, SecureWorks, Trustwave Holdings, Accenture UK Ltd., CenturyLink Communications UK Ltd, Verizon UK Ltd, DXC Technology, Fujitsu Services Holdings PLC. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Report Scope:
In this report, UK managed security services market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- UK Managed Security Services Market, By Type:
- Identity and Access Management
- Antivirus/Anti-Malware
- Firewall
- Risk and Compliance Management
- Vulnerability Management
- Security Information and Event Management
- Intrusion Detection System/ Intrusion Prevention System
- Disaster Recovery
- Unified Threat Management
- Encryption
- Data Loss Prevention
- Distributed Denial Of Service Mitigation
- Others
- UK Managed Security Services Market, By Security Type:
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Others
- UK Managed Security Services Market, By Deployment Mode:
- On-Premise
- Cloud
- UK Managed Security Services Market, By Organization Size:
- Large Enterprises
- SMEs
- UK Managed Security Services Market, By End User Industry:
- BFSI
- IT & Telecommunication
- Energy & Utilities
- Healthcare
- Manufacturing
- Defense
- Others
- UK Managed Security Services Market, By Region:
- England
- Scotland
- Wales
- Northern Ireland
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in UK managed security services market.
Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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