New York, NY -- (SBWire) -- 02/22/2018 --Study papers on Managed Security Services market and regional forecast. Managed Security Services market players are Acropolis technology group, 3T systems , AT&T, Aricent, Cisco, Huawei, Glowpoint Inc, Hewlett and Packard(HP), Ericsson, IBM, Alcatel- Lucent etc.
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The involvement of management functions that are outsourced to a third party are known as managed services. Advancement of cloud based technology and implementation of database management has mainly led to the introduction of managed services. The entire process involves handling of customers IT work by taking over their entire IT infrastructure, servers and network, with the leverage of ownership stays with the end user. The services offered by MS includes enhancement of production activities, operation management, cutting down expenses and HR activities. The overall service is largely based on "pay as you go" logic where a user is expected to pay the price of services being offered.
The supplementation of traditional offerings by managed services includes application service providers (ASP), Web hosting companies and Network service providers. A managed service provider retains the responsibility and functionality of the IT equipment and services, wherein the entire process comes under a service level agreement which is in contract between the provider and customer.
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The service provided includes managed security, managed data centres, security, communications and network. Most of the key end users include banking and financial services, retail sector, education, telecommunication, manufacturing, supply chain logistics, healthcare and pharmaceuticals, energy, and construction industry.
Some of the key functionality of managed services includes optimum resource allocation and utilizations that overall increases the profitability and operational excellence over the time. Availability of new managed services that are penetrating almost every industry domain is expected to play a crucial role as a market driver in the near future.
Growth in Asia pacific region driven by demand of high end industries and service sectors is anticipated to surge the requirement of managed services in the next few years. Growing urban population that insist in seeking settled employment is likely to bring more focus towards new industry establishments, which overall will facilitate managed services industry. Requirement of efficiency in order to mange cost of production will play a key role in the entire markets development.
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The market segmentation is based on by solution, by deployment type, by enterprise, by application industry, and by region.
By service
- Managed network service
- Managed security service
- Managed communication service
- Managed IT infrastructure service
- Managed data centre service
- Managed Mobility service
By deployment
- Cloud
- On-Premises
The Research Provides Answers to the Following Key Questions:
- What is the size of occupied by the prominent leaders for the forecast period, 2017 to 2022? What will be the share and the growth rate of the Managed Security Services Market during the forecast period?
- Which companies are dominating the competitive landscape across different region and what strategies have they applied to gain a competitive edge?
- What are the major factors responsible for the growth of the Managed Security Services market across the different regions?
- What are the challenges faced by the companies operating in the Managed Security Services Market?
- What are the future prospects for the Managed Security Services Market industry in the coming years?
- Which trends are likely to contribute to the development rate of the Managed Security Services industry during the forecast period, 2017 to 2022?
- What are the future prospects of the Managed Security Services industry for the forecast period, 2017 to 2022?
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Managed Security Services Market Excessive Growth Opportunities Estimated to Be Experienced by 2022
Managed Security Services Market report has segmented the market into five geographies covering production, consumption, revenue (million USD), and market share and growth rate of Managed Security Services markets from 2017 to 2022.