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Report Description

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 154.24 Million

CAGR (2023-2028)

11.62%

Fastest Growing Segment

Cloud

Largest Market

Bucharest Ilfov & South Region


Market Overview

Romania managed security services market has valued at USD 154.24 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 11.62% through 2028. The managed security services (MSS) market in Romania has experienced remarkable growth and transformation in recent years, mirroring the global trend of increasing cyber threats and the critical need for robust cybersecurity measures. Romania, with its burgeoning IT sector, a skilled workforce, and a growing number of businesses reliant on digital technologies, has emerged as a significant player in the MSS landscape. This paragraph delves into the key factors driving the expansion of the MSS market in Romania, the competitive dynamics within the sector, the impact of the COVID-19 pandemic, and prospects. Romania's MSS market has witnessed exponential growth due to a multitude of factors. One of the primary drivers is the escalating frequency and sophistication of cyber threats. As cybercriminals become more adept at exploiting vulnerabilities, organizations across industries are recognizing the importance of proactive security measures to safeguard their sensitive data, critical infrastructure, and customer trust. This realization has propelled MSS to the forefront of cybersecurity strategies, making it a thriving segment within the broader IT services industry.

Moreover, regulatory requirements and compliance mandates are compelling organizations in Romania to invest in comprehensive security solutions. Industries such as finance, healthcare, and critical infrastructure are subject to stringent data protection regulations, necessitating the deployment of advanced MSS to ensure compliance and mitigate risks. This regulatory environment has fueled the demand for MSS providers who can offer not only threat detection and response but also compliance management and reporting services. The competitive landscape of the MSS market in Romania is diverse, featuring a mix of global and local providers. Established multinational MSS providers bring a wealth of experience, a broad spectrum of services, and access to cutting-edge technologies. They cater to the cybersecurity needs of large enterprises and organizations with complex infrastructures. Simultaneously, local MSS providers leverage their in-depth knowledge of the Romanian threat landscape and can offer personalized, region-specific services. This diversity allows organizations to select MSS providers that align with their unique requirements, budgets, and compliance needs.

The COVID-19 pandemic has exerted a profound impact on the MSS market in Romania. As organizations rapidly adopted remote work and accelerated digital transformation initiatives, the attack surface for cyber threats expanded exponentially. This shift intensified the demand for MSS as businesses grappled with securing remote access, ensuring identity and access management, and enhancing endpoint security. The pandemic underscored the critical role of MSS providers in helping organizations navigate the challenges of remote work and fortify their cybersecurity postures. Looking ahead, the MSS market in Romania is poised for sustained growth and innovation. As cyber threats continue to evolve, MSS providers will need to adapt by incorporating advanced technologies such as artificial intelligence and machine learning into their offerings. These technologies enable more proactive threat detection, rapid response, and automation of routine security tasks. Additionally, MSS providers will play a pivotal role in bridging the cybersecurity skills gap by offering expertise, training, and managed detection and response (MDR) services to organizations lacking in-house cybersecurity talent.

Furthermore, the collaboration between MSS providers and organizations will be instrumental in developing holistic security strategies that not only mitigate risks but also enable business growth. MSS providers are poised to become strategic partners, assisting organizations in aligning their security postures with their business objectives. This will involve tailoring security solutions to industry-specific needs, helping organizations leverage data analytics for threat intelligence, and fostering a proactive security culture within their client organizations.

In conclusion, the Managed Security Services market in Romania is at the nexus of technological advancement, regulatory compliance, and evolving cyber threats. As businesses recognize the imperative of cybersecurity, the demand for MSS continues to surge. The MSS market's future in Romania is bright, driven by the ongoing need for protection against cyber threats and the ever-expanding digital landscape. As MSS providers evolve their offerings to encompass emerging technologies and deepen their partnerships with organizations, they are poised to play a pivotal role in securing Romania's digital future.

Key Market Drivers

Escalating Cyber Threat Landscape in Romania

One of the foremost drivers propelling the growth of the Managed Security Services (MSS) market in Romania is the escalating cyber threat landscape in the country. Romania has witnessed a significant increase in cyberattacks and security breaches in recent years, affecting businesses across various industries. Threat actors, ranging from financially motivated hackers to state-sponsored cyber espionage groups, are constantly evolving their tactics, techniques, and procedures to target organizations of all sizes. This surge in cyber threats has raised alarm bells among Romanian businesses, pushing them to invest heavily in cybersecurity solutions. MSS providers play a pivotal role in helping organizations defend against these threats. They offer advanced threat detection and response capabilities, 24/7 monitoring, and expert analysis to identify and mitigate security incidents promptly. As the threat landscape continues to evolve, the need for MSS becomes even more critical, ensuring that organizations can stay ahead of cyber adversaries and protect their valuable assets.

Regulatory Compliance and Data Protection Requirements

Another significant driver fueling the growth of the MSS market in Romania is the ever-expanding landscape of regulatory compliance and data protection requirements. Romania, like many other European countries, has implemented strict data protection regulations, such as the General Data Protection Regulation (GDPR), which imposes stringent requirements on organizations regarding the handling and safeguarding of personal and sensitive data. Failure to comply with these regulations can result in substantial fines and reputational damage. Consequently, organizations are turning to MSS providers for assistance in achieving and maintaining compliance. MSS providers offer services that help organizations align their cybersecurity practices with regulatory requirements. They assist in developing and implementing robust data protection strategies, conducting regular security audits, and ensuring that data breaches are promptly reported and managed in compliance with legal obligations. As these regulations continue to evolve and become more stringent, the demand for MSS to navigate this complex landscape is expected to increase.

Rapid Digital Transformation and Remote Work Adoption

The rapid digital transformation and widespread adoption of remote work have emerged as prominent drivers accelerating the demand for Managed Security Services in Romania. The COVID-19 pandemic served as a catalyst for businesses to expedite their digital transformation initiatives and adopt remote work models. While these changes have offered numerous benefits, they have also expanded the attack surface for cyber threats. Organizations in Romania are increasingly dependent on cloud-based technologies, collaboration tools, and remote access solutions to ensure business continuity and productivity. However, this shift has exposed vulnerabilities in their cybersecurity postures. MSS providers are well-positioned to address these challenges by offering comprehensive solutions that encompass secure remote access, identity and access management, and endpoint security. MSS providers also assist organizations in adapting to the evolving threat landscape by providing threat intelligence, proactive threat hunting, and rapid incident response capabilities. With the future of work likely to involve a hybrid model combining office and remote work, MSS will remain crucial in ensuring the security of distributed networks and endpoints.

Shortage of Cybersecurity Skills and Expertise

The shortage of cybersecurity skills and expertise in Romania is a significant driver pushing organizations to turn to managed security services. The field of cybersecurity is highly specialized and constantly evolving, making it challenging for organizations to recruit and retain qualified cybersecurity professionals. Many organizations, especially small and medium-sized enterprises (SMEs), struggle to establish and maintain in-house cybersecurity teams with the necessary skills to defend against modern cyber threats effectively. MSS providers bridge this skills gap by offering access to a team of experienced cybersecurity experts who possess a deep understanding of the threat landscape and the latest security technologies. These experts can provide round-the-clock monitoring, threat detection, incident response, and strategic guidance. Additionally, MSS providers often offer managed detection and response (MDR) services, which combine technology and human expertise to rapidly identify and mitigate emerging threats.

 

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Key Market Challenges

Increasing Complexity of Cyber Threats

One of the foremost challenges facing the Managed Security Services (MSS) market in Romania is the increasing complexity of cyber threats. As technology advances, threat actors are continuously developing more sophisticated and innovative methods to breach security systems, making it exceedingly difficult for MSS providers to keep pace with evolving threats. Cybercriminals employ a wide array of tactics, ranging from ransomware attacks and phishing campaigns to advanced persistent threats (APTs) and zero-day exploits. These attacks often target specific vulnerabilities within an organization's infrastructure, necessitating a proactive and adaptive approach to cybersecurity. MSS providers must invest in cutting-edge technologies, threat intelligence, and highly skilled cybersecurity professionals to effectively detect and mitigate these complex threats.

Additionally, the interconnected nature of today's digital ecosystem means that a security breach in one part of the network can have cascading effects throughout an organization. MSS providers must not only identify threats but also prioritize them based on their potential impact and likelihood of success. This requires real-time threat assessment and decision-making capabilities, which can be challenging to develop and maintain. Furthermore, threat actors are increasingly leveraging artificial intelligence (AI) and machine learning (ML) to automate and enhance their attacks. This presents a double-edged sword for MSS providers: while AI and ML can be harnessed to improve threat detection and response, they also empower cybercriminals to develop more potent and evasive attack vectors. Keeping up with these evolving threats demands ongoing investment in research and development, which can strain the resources of MSS providers.

Evolving Regulatory Landscape and Compliance Burden

Another significant challenge facing the MSS market in Romania is the evolving regulatory landscape and the increasing burden of compliance requirements. The European Union's General Data Protection Regulation (GDPR), which came into effect in 2018, has set stringent standards for data protection and privacy. Compliance with GDPR and other data protection regulations is essential for organizations in Romania, as non-compliance can result in severe financial penalties. The challenge for MSS providers is two-fold. Firstly, they must stay abreast of the constantly evolving regulatory landscape, which may include changes in data protection laws, cybersecurity standards, and reporting requirements. This requires ongoing legal and compliance expertise, which can be resource intensive. Secondly, MSS providers need to assist their clients in achieving and maintaining compliance. This entails not only safeguarding data but also demonstrating compliance through documentation, audits, and incident reporting. Achieving and maintaining compliance often necessitates tailored solutions and expertise in data protection and privacy practices specific to Romania and the European Union.

The compliance burden is particularly challenging for small and medium-sized enterprises (SMEs) in Romania, which may lack the resources and expertise to navigate the complexities of regulatory requirements effectively. MSS providers must develop scalable and cost-effective solutions to cater to the needs of SMEs while ensuring that larger enterprises with more extensive compliance needs are adequately served. Moreover, the regulatory environment is not static. New regulations may be introduced, and existing ones may be amended to address emerging cybersecurity threats and challenges. This dynamic nature of compliance adds an additional layer of complexity for MSS providers, who must continually adapt their services and solutions to ensure that their clients remain compliant.

Key Market Trends

Emphasis on Proactive Threat Hunting and Prevention

One of the prevailing trends in the managed security services (MSS) market in Romania is the growing emphasis on proactive threat hunting and prevention. As cyber threats become increasingly sophisticated and damaging, organizations are no longer satisfied with merely reactive security measures. They are seeking MSS providers who can actively hunt for threats before they manifest as security incidents. Proactive threat hunting involves continuously searching for signs of malicious activity within an organization's network and infrastructure. This trend is driven by the understanding that many advanced threats can remain undetected for extended periods, causing significant damage. MSS providers are deploying advanced analytics, threat intelligence, and machine learning algorithms to identify and mitigate threats at an early stage.

Romanian businesses are recognizing the value of threat prevention and risk reduction, rather than solely relying on incident response and mitigation. This trend is further bolstered by the need to safeguard sensitive data, maintain regulatory compliance, and protect brand reputation. MSS providers who can offer robust proactive threat hunting capabilities are well-positioned to meet these evolving security demands. Moreover, the proactive approach aligns with the broader shift in cybersecurity from a reactive stance to a more proactive and predictive posture. By actively seeking out threats and vulnerabilities, MSS providers can help organizations stay ahead of cyber adversaries, reducing the impact of potential breaches and enhancing overall cybersecurity resilience.

Cloud Security and Hybrid Work Environments

The adoption of cloud computing and the prevalence of hybrid work environments have become significant trends shaping the MSS market in Romania. As organizations increasingly rely on cloud services to support their operations and facilitate remote work, the need for specialized cloud security solutions has surged. Cloud security is a complex and multifaceted domain, encompassing the protection of data, applications, and infrastructure hosted in the cloud. MSS providers are adapting to this trend by expanding their service offerings to include cloud security services. They help organizations assess cloud security risks, implement robust access controls, and monitor cloud environments for security threats.

The COVID-19 pandemic accelerated the shift toward hybrid work models, where employees work both on-site and remotely. This trend is likely to persist, making securing remote access and endpoint devices a top priority for organizations. MSS providers are offering solutions that cater to the unique security challenges posed by remote work, such as secure remote access, endpoint detection and response (EDR), and identity and access management (IAM) services. Furthermore, the complexity of hybrid environments, which combine on-premises infrastructure with cloud resources, demands a unified security approach. MSS providers who can offer integrated solutions that span both physical and virtual environments are increasingly sought after. This trend underscores the need for MSS providers to adapt to the evolving IT landscape and provide holistic security solutions that cover all aspects of an organization's infrastructure.

Integration of Artificial Intelligence and Automation

The integration of artificial intelligence (AI) and automation is a pervasive trend reshaping the MSS market in Romania. AI and automation technologies are being harnessed to augment the capabilities of MSS providers, enabling more efficient and effective cybersecurity operations. AI-driven threat detection and response are gaining prominence, allowing MSS providers to analyze vast amounts of security data in real-time and identify patterns indicative of potential threats. Machine learning algorithms can also help in the rapid classification of security incidents, reducing response times and false positives. Automation plays a crucial role in streamlining security operations. Tasks such as routine security alerts, incident triage, and vulnerability scanning can be automated, allowing MSS providers to focus their human expertise on more complex and strategic aspects of cybersecurity. This trend aligns with the need to address the shortage of skilled cybersecurity professionals in Romania. Moreover, AI and automation technologies are applied to threat intelligence, enabling MSS providers to provide clients with real-time threat feeds and actionable insights. This proactive approach ensures that organizations are better prepared to defend against emerging threats.

Segmental Insights

Deployment Type Insights

Based on the deployment type, the cloud segment for the managed security system is attributing the significant growth in the Romania market and is projected to collect considerable amount of revenue in the forecast period. The adoption of cloud-based MSS solutions is gaining momentum due to several compelling advantages, including scalability, flexibility, and cost-efficiency. Businesses in Romania are increasingly recognizing the benefits of shifting their security infrastructure to the cloud, as it allows them to swiftly adapt to evolving threat landscapes and changing business needs. Cloud-based MSS offers the advantage of real-time threat monitoring and response from virtually anywhere, making it particularly well-suited for the dynamic and distributed nature of modern enterprises, especially in the context of remote work arrangements. Moreover, the cloud's scalability ensures that organizations can easily expand or contract their security services as needed, accommodating growth, or shifting priorities seamlessly. As a result, the cloud segment of the managed security system market in Romania is poised to capture a substantial share of the revenue as businesses continue to embrace cloud-native security solutions, helping them fortify their cyber defences in a flexible and efficient manner.

Organization Size Insights

Based on Organization Size, the managed security services in Romania market are divided into SME’s, large enterprise. The large enterprises segment is expected to contribute the largest market share. Among these segments, the large enterprises category is projected to make the most significant contribution in terms of market share. Large enterprises typically have more extensive and complex IT infrastructures, diverse digital assets, and a higher level of exposure to cybersecurity threats. As a result, they have a heightened need for comprehensive and sophisticated MSS solutions. Large enterprises in Romania are recognizing the imperative of robust cybersecurity measures to protect their valuable data, maintain regulatory compliance, and safeguard their reputation. They often have larger budgets and dedicated IT security teams, allowing them to invest in comprehensive MSS solutions that encompass threat detection, incident response, compliance management, and more. Additionally, large enterprises are frequently targeted by cybercriminals due to the potential for higher financial gains, making cybersecurity a top priority. Furthermore, the ongoing digital transformation initiatives and adoption of emerging technologies by large enterprises are driving the demand for MSS to secure their expanding attack surfaces. The need to secure remote workforces, cloud-based infrastructures, and IoT (Internet of Things) devices adds further complexity to their cybersecurity requirements. Consequently, the large enterprises segment is anticipated to maintain its dominance in the MSS market in Romania, underscoring the importance of tailored, enterprise-grade security solutions in an increasingly interconnected and digital business landscape.

 

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Regional Insights

The Bucharest Ilfov & South Region undoubtedly holds a prominent position as the dominant segment in the Romania managed security services (MSS) market. This distinction can be attributed to the region's central role in the country's economic and technological landscape. Bucharest, as the capital city, not only hosts a significant portion of Romania's business enterprises but also serves as a hub for government institutions, financial organizations, and an emerging tech sector. The concentration of critical infrastructure, sensitive data, and diverse industries in the Bucharest Ilfov & South Region creates a heightened need for robust cybersecurity measures. Organizations operating in this dynamic and bustling environment are more susceptible to a wide array of cyber threats. As a result, they prioritize the implementation of comprehensive managed security services to safeguard their digital assets, customer information, and maintain regulatory compliance.

Furthermore, the region benefits from a well-established IT ecosystem and access to a diverse pool of managed security service providers, offering cutting-edge solutions tailored to the unique security challenges faced by businesses in Bucharest and its surrounding areas. While other regions in Romania are steadily recognizing the importance of MSS, the Bucharest Ilfov & South Region maintains its dominance, setting the benchmark for cybersecurity practices and innovation in the country. As the digital landscape continues to evolve, this region is poised to remain a stronghold in the Romanian MSS market.

Recent Developments

  • In August 2023, Schneider Electric, a global leader in energy management and automation, made a significant strategic move by launching Managed Security Services specifically designed for operational environments. This development marks a noteworthy expansion of Schneider Electric's offerings, reinforcing their commitment to enhancing the cybersecurity posture of industrial and critical infrastructure sectors. Schneider Electric's Managed Security Services for operational environments address a growing need for robust cybersecurity solutions tailored to protect industrial control systems (ICS), critical infrastructure, and other operational technologies. As cyber threats continue to evolve and pose significant risks to industrial processes, Schneider Electric's specialized services aim to provide comprehensive protection, threat detection, and incident response.
  • In September 2023, CrowdStrike, a leading provider of cloud-native endpoint security, made a significant announcement with the launch of "Falcon Complete," an innovative addition to their cybersecurity product portfolio. Falcon Complete is a comprehensive managed security service designed to offer organizations enhanced protection against evolving cyber threats and streamline their cybersecurity operations. This strategic move by CrowdStrike reflects the increasing complexity and sophistication of cybersecurity challenges faced by businesses and government entities. Falcon Complete is envisioned as a turnkey solution that combines CrowdStrike's advanced endpoint protection technology with 24/7 monitoring and managed threat hunting services. The core features of Falcon Complete include real-time threat detection, automated response capabilities, proactive threat hunting, and incident response support. With Falcon Complete, organizations can benefit from CrowdStrike's expertise and threat intelligence, allowing them to better defend against a wide range of cyber threats, from ransomware to advanced persistent threats.

Key Market Players

  • Bitdefender S.R.L.
  • Kaspersky Lab S.R.L.
  • IBM Romania S.R.L.
  • Cyber Smart Defence S.R.L.
  • Orange Business Services Romania S.R.L.
  • Netsafe Solutions S.R.L.
  • Fujitsu Romania S.R.L.
  • Oracle Romania S.R.L.
  • Axel Soft It Group S.R.L.
  • F5 IT Romania S.R.L.

By Service Type

By Deployment Type

By Organization Size

By End User

By Region

  • Managed Intrusion Detection System (IDS)/Managed Intrusion Prevention System (IPS)
  • Security Information & Event Management
  • Managed Firewall
  • Unified Threat Management
  • Others
  • On-Premises
  • Cloud
  • Small & Medium-sized Enterprises (SMEs)
  • Large Enterprises
  • Government
  • BFSI
  • IT & Telecom
  • Manufacturing & Natural Resources
  • Others
  • Bucharest IIfov & South Region
  • Northwest & Central Region
  • Southwest & West Region
  • Northeast & South-East Region

 

Report Scope:

In this report, the Romania Managed Security Services market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Romania Managed Security Services Market, By Service Type:

o   Managed Intrusion Detection System (IDS)/Managed Intrusion Prevention System (IPS)

o   Security Information & Event Management

o   Managed Firewall

o   Unified Threat Management

o   Others

  • Romania Managed Security Services Market, By Deployment Type:

o   On-Premises

o   Cloud

  • Romania Managed Security Services Market, By Organization Size:

o   Small & Medium-sized Enterprises (SMEs)

o   Large Enterprises

  • Romania Managed Security Services Market, By End User:

o   Government

o   BFSI

o   IT & Telecom

o   Manufacturing & Natural Resources

o   Others

  • Romania Managed Security Services Market, By Region:

o   Bucharest IIfov & South Region

o   Northwest & Central Region

o   Southwest & West Region

o   Northeast & South-East Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the Romania Managed Security Services Market.

Available Customizations:

Romania Managed Security Services market report with the given market data, Tech Sci 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).

Romania Managed Security Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

4.    Impact of COVID-19 on Romania Managed Security Services Market

5.    Voice of Customer

6.    Romania Managed Security Services Market Overview

7.    Romania Managed Security Services Market Outlook

7.1.  Market Size & Forecast

7.1.1.       By Value

7.2.  Market Share & Forecast

7.2.1.      By Service Type (Managed Intrusion Detection System (IDS)/Managed Intrusion Prevention System (IPS), Security Information & Event Management, Managed Firewall, Unified Threat Management, Others)

7.2.2.      By Deployment Type (On-Premise, Cloud)

7.2.3.      By Organization Size (SMEs, Large Enterprise)

7.2.4.      By End User (Government, BFSI, IT & Telecom, Manufacturing & Natural Resources and Others)

7.2.5.      By Region (Bucharest IIfov & South Region, Northwest & Central Region, Southwest & West Region, Northeast & South-East Region)

7.2.6.      By Company (2022)

7.3.  Market Map

8.    Bucharest IIfov & South Region Romania Managed Security Services Market Outlook

8.1.  Market Size & Forecast

8.1.1.       By Value

8.2.  Market Share & Forecast

8.2.1.       By Service Type

8.2.2.       By Deployment Type

8.2.3.       By Organization Size

8.2.4.       By End User

9.    Northwest & Central Region Romania Managed Security Services Market Outlook

9.1.  Market Size & Forecast

9.1.1.       By Value

9.2.  Market Share & Forecast

9.2.1.       By Service Type

9.2.2.       By Deployment Type

9.2.3.       By Organization Size

9.2.4.       By End User

10. Southwest & West Region Romania Managed Security Services Market Outlook

10.1.  Market Size & Forecast

10.1.1.    By Value

10.2.  Market Share & Forecast

10.2.1.    By Service Type

10.2.2.    By Deployment Type

10.2.3.    By Organization Size

10.2.4.    By End-User

11. Northeast & South-East Region Romania Managed Security Services Market Outlook

11.1. Market Size & Forecast

11.1.1.    By Value

11.2. Market Share & Forecast

11.2.1.    By Service Type

11.2.2.    By Deployment Type

11.2.3.    By Organization Size

11.2.4.    By End-User

12. Market Dynamics

12.1.   Drivers

12.2.   Challenges

13. Market Trends and Developments

14. Company Profiles

14.1.    Bitdefender S.R.L.

14.1.1. Business Overview

14.1.2. Key Financials & Revenue

14.1.3. Key Contact Person

14.1.4. Headquarters Address

14.1.5. Key Product/Service Offered

14.2.   Kaspersky Lab S.R.L.

14.2.1. Business Overview

14.2.2. Key Financials & Revenue

14.2.3. Key Contact Person

14.2.4. Headquarters Address

14.2.5. Key Product/Service Offered

14.3.   IBM Romania S.R.L.

14.3.1. Business Overview

14.3.2. Key Financials & Revenue

14.3.3. Key Contact Person

14.3.4. Headquarters Address

14.3.5. Key Product/Service Offered

14.4.   Cyber Smart Defence S.R.L.

14.4.1. Business Overview

14.4.2. Key Financials & Revenue

14.4.3. Key Contact Person

14.4.4. Headquarters Address

14.4.5. Key Product/Service Offered

14.5.   Orange Business Services Romania S.R.L.

14.5.1. Business Overview

14.5.2. Key Financials & Revenue

14.5.3. Key Contact Person

14.5.4. Headquarters Address

14.5.5. Key Product/Service Offered

14.6.   Netsafe Solutions S.R.L.

14.6.1. Business Overview

14.6.2. Key Financials & Revenue

14.6.3. Key Contact Person

14.6.4. Headquarters Address

14.6.5. Key Product/Service Offered

14.7.   Fujitsu Romania S.R.L.

14.7.1. Business Overview

14.7.2. Key Financials & Revenue

14.7.3. Key Contact Person

14.7.4. Headquarters Address

14.7.5. Key Product/Service Offered

14.8.   Oracle Romania S.R.L.

14.8.1. Business Overview

14.8.2. Key Financials & Revenue

14.8.3. Key Contact Person

14.8.4. Headquarters Address

14.8.5. Key Product/Service Offered

14.9.   Axel Soft It Group S.R.L.

14.9.1. Business Overview

14.9.2. Key Financials & Revenue

14.9.3. Key Contact Person

14.9.4. Headquarters Address

14.9.5. Key Product/Service Offered

14.10. F5 IT Romania S.R.L.

14.10.1.  Business Overview

14.10.2.  Key Financials & Revenue

14.10.3.  Key Contact Person

14.10.4.  Headquarters Address

14.10.5.  Key Product/Service Offered

15. Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Romania managed security services market was USD 154.24 million in 2022.

The managed intrusion detection system (IDS)/managed intrusion prevention system (IPS) holds the largest share in the market as these services are necessary for detecting and preventing malicious activity. In addition, with the increasing benefits of blocking the attack or sending an alert to the security teams, many enterprises are increasingly seeking such solutions to help them collect and analyze security logs. Therefore, these advantages are leading to the growth in the managed intrusion detection system (IDS)/managed intrusion prevention system (IPS) segment in the Romania managed security services market.

Key players in the market are Bitdefender S.R.L., Kaspersky Lab S.R.L., IBM Romania S.R.L., Cyber Smart Defence S.R.L., Orange Business Services Romania S.R.L., Netsafe Solutions S.R.L., Fujitsu Romania S.R.L., Oracle Romania S.R.L., Axel Soft It Group S.R.L., F5 IT Romania S.R.L., and others.

The benefits of managed security services are the offering business the option to manage the threat detection & response, vulnerability assessment & remediation, and data loss prevention.

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