European Managed & Professional Security Services Market

reogma|European Managed & Professional Security Services Market

The European Managed & Professional Security Services Market is valued at US$ 8 Billion in 2020 and is poised to reach a Market Size of US$ 10.92 Billion in 2024. The infusion of innovation with the latest cybersecurity technologies is driving the growth of the European Managed & Professional Security Services Market. However, challenges exist in the form of Lack of Skilled Professionals and the High Cost of MSSP contracts. The Market offers lucrative opportunities with Surge in adoption of cloud, Analytics and Automation and Rapid adoption of blockchain.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Post COVID-19 Recovery
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Further Reading
  • Appendix

Definition / Scope

Managed security services (MSSs) are IT security functions that are remotely monitored or managed via shared services from remote security operations centres rather than by on-site employees. As a result, it excludes services such as staff augmentation, consultancy, and development and integration.

MSSs include monitored/managed firewalls or intrusion prevention/detection systems, managed multifunction firewalls, unified threat management technology, managed security gateways for messaging or Web traffic, security analysis and reporting of events gathered from IT infrastructure logs, reporting associated with monitored/managed devices and incident response, and managed vulnerability scanning of monitored/managed devices.

An MSSP may provide a broad range of security capabilities and services, or it may focus on one or a few primary focus areas, such as identity and access management (IAM) or privilege management. The following are examples of MSSP services:

  • Gap analysis and risk assessments
  • Development of policies and risk management
  • Solution scoping
  • Requisitioning and researching solutions/tools
  • Implementation of the solution
  • Security system management
  • Management of configurations
  • Updates to the security system
  • Compliance, auditing, and reporting
  • Education and training

reogma|European Managed & Professional Security Services Market


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Sat Sep 18 , 2021
The European Managed & Professional Security Services Market is valued at US$ 8 Billion in 2020 and is poised to reach a Market Size of US$ 10.92 Billion in 2024. The infusion of innovation with the latest cybersecurity technologies is driving the growth of the European Managed & Professional Security […]
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