Europe Managed Security Services Market 2009-2013 by InfinitiResearch

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									Europe Managed Security Services Market

               2009-2013
                                                             Europe Managed Security Services Market




                                            Table of Contents
1. Introduction...........................................................................................................3
2. Market Size and Forecast.........................................................................................4
3. Trends for Europe Managed Security Services Market..................................................5
4. Drivers for Europe Managed Security Services Market.................................................7
5. Challenges for Europe Managed Security Services Market............................................9
6. Vendors...............................................................................................................11
7. Related Reports in this Series.................................................................................17



                                              List of Exhibits
Exhibit 2.1: Europe Managed Security Services market - Market Size and Forecast 2009-
2013 (In $billion).......................................................................................................4




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                                               Europe Managed Security Services Market




1. Introduction


Managed Security Services (MSS) are the information and network security services that
                                              .
are outsourced to an external service provider These services provide a systematic
approach for managing the organization's security needs. The Managed Security Services
may either be completely handled by the service provider at an off-site location, or the
service provider may set-up the infrastructure on-site in the organization, leaving the
security to be managed by the organization.



In general, Managed Security Services provide aggregation, correlation and reporting so as
to immediately present enterprises with a consolidated view of its security status and help
them with actionable information.

Managed Security Services include Network boundary protection, including managed
services for firewalls, intrusion detection systems (IDSs), and virtual private networks
(VPNs); security monitoring; managed anti-virus; content filtering; information security
risk assessments; incident management, including emergency response and forensic
analysis; vulnerability   assessment    and penetration    testing;   and data    archiving &
restoration. In addition, some Managed Security Services providers also offer periodic
vulnerability testing, patching and escalation services.

The European Managed Security Services contracts are higher than those in any other
region, with a majority of the contracts worth more than $1,32,075 per year. Thus, the
Managed Security Services market in Europe is growing both in terms of volume and in
dimensions of features and services offered. Further, the security contracts are now
increasingly including identity-based services (such as authentication and user monitoring)
as well as log management services.

Many global Managed Security Service providers are now partnering with companies in
Europe for expanding their businesses; thus, increasing their client base. Apart from this,
introduction of Cloud based security services is a growing trend in the region.

This report highlights the scope of the Europe Managed Security Services market, along
with forecasts, trends, drivers, and challenges.




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                                                   Europe Managed Security Services Market




2. Market Size and Forecast
According to TechNavio, the Europe Managed Security Services market is forecast to reach
$2.7 billion in 2013 from $1.7 billion in 2009; thus, growing at a CAGR of 12.3 percent over
the period 2009-2013 (Exhibit 2.1).


Exhibit 2.1: Europe Managed Security Services market - Market Size and Forecast 2009-2013 (In $billion)



               3
                                                                           2.7

               3                                              2.4

                                                 2.1
               2                    1.9
                       1.7

               2



               1



               1



               0
                      2009         2010         2011         2012         2013



                                                                             Source: TechNavio Analysis
The Managed Security Services market in Europe has being witnessing some growth since
the past few years, with a majority of its revenue being generated from the Insurance,
Banking, and Government sectors. Initially, cost saving
								
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