[Latest] Managed Security Services Market Size Will Attain USD 97.12 Billion by 2032 Growing at 14.44% CAGR - Exclusive Report by Zion Market Research (Global Industry Size, Share, Forecast, Trends Analysis Report)

The global managed security services market size was valued at USD 28.84 billion in 2023 and is expected to surpass USD 97.12 billion by 2032, registering a CAGR of 14.44% during the forecast period (2024- 2032).

NEW YORK, USA, Aug. 19, 2025 (GLOBE NEWSWIRE) -- Zion Market Research has published a new research report titled “Managed Security Services Market By Security (Data Security, Cloud Security, Network Security, and Endpoint Security), By Services (Managed DDoS and Managed Risk & Compliance), By Enterprise (Small & Medium Enterprises and Large Enterprises), By Vertical (BFSI, Defense/Government, Healthcare, IT & Telecom, Manufacturing, and Retail), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032” in its research database.

“According to the latest research study, the global managed security services market size was valued at around USD 28.84 billion in 2023. The market is expected to grow at a CAGR of 14.44% and is anticipated to reach a value of USD 97.12 billion by 2032.”

Get a Free Sample PDF of this Research Report for more Insights - https://www.zionmarketresearch.com/sample/managed-security-services-market

(A free sample of this report is available upon request; please get in touch with us for more information.)

Managed Security Services Market Overview:

Managed security services are network security solutions that are outsourced to a service provider. They are also considered as a systematic approach for effectively handling the security requirements of an organization. These services can be carried out in-house as well as can be outsourced to the service provider that supervises network services & information system security services of other firms.

Various functions of managed security services include effective management of firewalls & intrusion detection systems and round-the-clock monitoring of these systems. Apart from this, managed security services also help in monitoring patch management, system updates, security audits, and security assessments along with effectively responding to contingencies.

Report Scope:

Report Attribute	Report Details
Market Size in 2023	USD 28.84 Billion
Market Forecast in 2032	USD 97.12 Billion
Growth Rate	CAGR of 14.44%
Base Year	2023
Forecast Years	2024- 2032
Key Companies Covered	Rapid 7, Fujitsu, AT&T, Verizon, BAE Systems Inc., Cisco Systems, Palo Alto Networks, Check Point Software Technologies, Fortinet Inc., IBM, Wipro, and Others.
Segments Covered	By Security, By Services, By Enterprise, By Vertical, and By Region
Regions Covered	North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa
Customization Scope	Avail customized purchase options to meet your exact research needs.

Directly Purchase a Copy of the Report | Quick Delivery Available - https://www.zionmarketresearch.com/buynow/su/managed-security-services-market

Key Insights from Primary Research

As per the analysis, the managed security services market share is likely to grow at a CAGR of around 14.44% between 2024 and 2032.
The managed security services market size was worth around $28.84 billion in 2023 and is estimated to hit approximately $97.12 billion by 2032. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
Based on security, the data security segment is growing at a high rate and is projected to dominate the global market.
On the basis of services, the managed DDoS segment is projected to swipe the largest market share.
In terms of enterprise, large enterprise segment is likely to grow at a significant rate over the forecast period.

Based on vertical, the BFSI segment is predicted to contribute majorly towards the global industry share in the ensuing years.

On the basis of region, the Asia-Pacific is expected to dominate the global market during the forecast period.

Managed Security Services Market: Growth Drivers

An increase in cyber terrorism activities can help the global market register exponential growth over the forecast period

The growing complexity of cyber threats is anticipated to propel the expansion of the global managed security services market. Escalating the need for security monitoring and operations associated with the strict execution of security technology will scale up the growth of the global market. Furthermore, managed security solutions include a slew of features enabling firms to effectively manage & protect digital assets from various kinds of cyber terrorism.

Reportedly, managed security services include beneficial features such as rapid threat response, threat hunting abilities, 24/7 threat identification, device encryption, remote wipes, and app management for improving security & compliance management.

Browse the full “Managed Security Services Market By Security (Data Security, Cloud Security, Network Security, and Endpoint Security), By Services (Managed DDoS and Managed Risk & Compliance), By Enterprise (Small & Medium Enterprises and Large Enterprises), By Vertical (BFSI, Defense/Government, Healthcare, IT & Telecom, Manufacturing, and Retail), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2024 - 2032” Report at https://www.zionmarketresearch.com/report/managed-security-services-market

Managed Security Services Market: Segmentation

The global managed security services market is divided into security, services, enterprise, vertical, and region.

Based on security terms, the managed security services market is divided into data security, cloud security, network security, and endpoint security segments. The data security segment held the largest market share in 2023 and is expected to grow at a significant rate over the forecast period due to the use of data security in IT companies and various other large & small firms to reduce the risk of theft and trespassing, along with enhancing access control to the staff.

In terms of services, the global managed security services industry is split into managed DDoS and managed risk & compliance segments. The managed DDoS segment is growing at a high rate and is projected to dominate the global market.

On the basis of enterprise, the global managed security services market is segmented into small & medium enterprises and large enterprises segments. The large enterprises segment holds the largest share in 2023, is anticipated to make notable contributions towards the global market proceeds over the assessment timeframe.

By vertical, the global managed security services industry is bifurcated into BFSI, defense/government, healthcare, IT & telecom, manufacturing, and retail segments. Moreover, the BFSI segment, which accumulated about 57% of the global industry share in 2023, is expected to make lucrative contributions towards the global industry revenue over the expected timespan.

Why does Asia Pacific outperform other regions in the global managed security services market?

North America is expected to dominate the global market

North America, which accounted for nearly 65% of the global managed security services market earnings in 2023, is anticipated to establish a numero one position in the global market in the years to come. Moreover, the market expansion in North America in the next couple of years can be a result of a humongous demand for outsourcing solutions from a spectrum of tech firms. Furthermore, the huge demand for cloud computing, data security, and network security will augment the regional market surge.

The Asia-Pacific managed security services industry is anticipated to register the fastest CAGR in the forecast timespan. The progression of the industry in APAC can be ascribed to the rise in the need for outsourcing managed security solutions from vendors. Furthermore, lack of availability of skilled cyber staff in developing economies of Asia can further accelerate the growth of the industry in the Asia-Pacific.

Request For Customization on This Report as Per Your Requirements - https://www.zionmarketresearch.com/custom/8210

Managed Security Services Market: Competitive Landscape

The report contains qualitative and quantitative research on the global managed security services market, as well as detailed insights and development strategies employed by the leading competitors.

Some of the main players in the global managed security services market include;

Rapid 7
Fujitsu
AT&T
Verizon
BAE Systems Inc.
Cisco Systems
Palo Alto Networks
Check Point Software Technologies
Fortinet Inc.
IBM
Wipro.

The global managed security services market is segmented as follows:

By Security

Data Security
Cloud Security
Network Security
Endpoint Security

By Services

Managed DDoS
Managed Risk & Compliance

By Enterprise

Small & Medium Enterprises
Large Enterprises

By Vertical

BFSI
Defense/Government
Healthcare
IT & Telecom
Manufacturing
Retail

By Region

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Southeast Asia
- Rest of Southeast Asia
The Middle East & Africa
- GCC
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America

Request Free Brochure of the Global Managed Security Services Market @ https://www.zionmarketresearch.com/requestbrochure/managed-security-services-market

Key Questions Answered in This Report:

What are managed security services?
Which key factors will influence managed security services market growth over 2024-2032?
What will be the value of the managed security services market during 2024-2032?
What will be the CAGR value of the managed security services market during 2024-2032?
Which region will contribute notably towards the managed security services market value?
Which are the major players leveraging the managed security services market growth?
What can be expected from the global managed security services market report?

Key Offerings:

Full in-depth analysis of the parent market
Important changes in market dynamics
Segmentation details of the market
Previous, ongoing, and projected market analysis in terms of volume and value
Assessment of niche industry developments
Market share analysis
Key strategies of major players
Emerging segments and regional markets
Testimonials to companies in order to fortify their foothold in the market

Browse Other Related Research Reports from Zion Market Research

AI Price Tracking Tools Market By Data Collection Source (Retailer Websites, Marketplaces, Manufacturer Sites, Direct-to-Consumer [D2C] Brand Sites, Mobile Apps, Physical Store Data), By Component (Solutions, Services), By Technology (Machine Learning, Natural Language Processing [NLP], Computer Vision, Web Scraping & Crawling, Predictive Analytics, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Private 5G Network Market By Component (Services and Hardware), By Frequency (mmWave and Sub-6 GHz), By End-User Vertical (Energy & Utilities, Government & Public Safety, Corporates/Enterprises, Healthcare, Mining, Transportation & Logistics, Automotive, Aerospace, Oil & Gas, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Testing Inspection and Certification Market By Type (Testing, Inspection, and Certification), By Application (Government, Education, Consumer Goods & Retail, Environmental Services, Chemicals, Food, Agriculture, Energy & Power, Infrastructure, Mining, Healthcare, Oil, Gas, & Petroleum, and Others), Market and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Consumer Identity and Access Management Market By Component (Solution, Services), By Deployment (On-premises, Cloud-based), By Application (Single Sign-On [SSO], Password less Authentication, and Others), By Industry Vertical (BFSI, Hospitality & Travel, Healthcare, Retail & E-Commerce, Education, Government & Public Sector, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Refurbished IT Asset Disposition Market By Asset Type (Computers/Laptops Disposition, Mobile Devices Disposition, Servers Disposition, and Storage Devices Disposition), By End-User (Banking, Financial Services, and Insurance (BFSI), IT and Telecom, Healthcare Industry, Educational Institutions, Manufacturing, Media and Entertainment, and Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Sovereign Cloud Market by Component (Solutions and Services), Deployment Mode (Public Cloud, Private Cloud), Cloud Type (IaaS, PaaS, SaaS), End-User (Government & Public Sector, BFSI, Defense, Healthcare, Telecom & IT, Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034

About Zion Market Research:

Zion Market Research is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Zion Market Research are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds.

Our clients’/customers’ conviction in our solutions and services has pushed us to always deliver the best. Our advanced research solutions have helped them in making appropriate decision-making and providing guidance for strategies to expand their business.

Contact Us:

Zion Market Research

USA/Canada Toll Free: 1 (855) 465-4651 | Newark: 1 (302) 444-0166

UK: +44 2032 894158

India: +91 7768 006 007 | +91 7768 006 008

Email: sales@zionmarketresearch.com | Web: https://www.zionmarketresearch.com/

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.