Rising Cyberattacks and High-Profile Security Breaches to Drive Singapore Managed Security Services Market
Growing number of cyberattacks coupled with
expanding IoT ecosystem is driving Managed Security Services market in Singapore
According
to TechSci Research report, “Singapore Managed Security Services Market By Service Type,
By Deployment Type, By End User
Sector, Competition Forecast & Opportunities, 2013-2023”, the managed
security services market in Singapore is forecast to reach $ 602 million by 2023.
Surge in the number of cyber attacks and large-scale DDoS attacks such
as WannaCry are among the key factors expected to fuel the market in the coming
years. As Singapore is one of the IT hubs of Asia-Pacific, growing need to
protect sensitive data is anticipated to drive the managed security services
market during the forecast period.
Browse 20
Figures spread through 73 Pages and an in-depth TOC on "Singapore
Managed Security Services Market" https://www.techsciresearch.com/report/singapore-managed-security-services-market/1427.html
On the basis of services, Singapore managed security services market
has been segmented into Managed Endpoint Security, Managed Firewall Security,
Managed Intrusion Prevention & Detection Systems (IPS/IDS), Managed Secured
Information & Event Management and Others. Of these service categories, endpoint
security is expected to emerge as the fastest growing segment over the next
five years, backed by growing number of smart devices used by enterprises and
government bodies. Since on-premise based managed security services offer
superior data protection services compared to cloud, it is the most preferred
deployment mode in the country.
Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=1427
Customers
can also request for 10% free customization on this report.
“As the inhouse teams
across various enterprises are finding it difficult to tackle new challenges associated
with cybersecurity, security services are being outsourced in order to focus on
core competencies and safeguard sensitive data. As a result, managed security
services market in Singapore is registering strong growth. Moreover, rise in
awareness regarding cyberattacks and the need to protect valuable data is
anticipated to boost the demand for cybersecurity, and consequently, drive MSS market
in the country in the foreseeable future.”, said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
“Singapore Managed
Security Services Market By Service Type, By
Deployment Type, By End User Sector, Competition Forecast & Opportunities,
2013-2023” has evaluated the future growth potential of Singapore managed security services market
and has also provided the statistics and information on market structure, size,
share and trends. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities existing in the market.
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.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]