London, 27 July 2015 – Technavio has published a new report on the global managed security services market, which is expected to grow at a CAGR of over 11% from 2015-2019.
About the Report
According to the latest report by Technavio, Bring Your Own Device (BYOD) policy enables employees to use their personal devices such as laptops, smartphones, tablets, and desktops for official purposes, allowing them to work without any time or location constraints, increasing their productivity and reducing a company’s operational costs.
“The increased use of mobile apps, however, can increase the possibility of malware that may lead to loss of organizational data. Hence, the need for security solutions to securely manage business data, applications, and services has evolved,” says Faisal Ghaus, Vice President of Technavio.
The new Technavio report also emphasizes the demand for cloud-based services, which is increasing due to the advantages offered by cloud-based security.
“Limited budget and lack of expertise and resources are compelling companies to adopt cost-effective cloud-based IT securities that offer round-the-clock monitoring of the system,” adds Ghaus.
Market Scope and Calculation of Market Size
The new Technavio report covers the present scenario and growth prospects of the global managed security services market from 2015-2019. To calculate the market size, the report considers the revenue generated from managed security services such as on-premise and cloud-based services.
Key Information Covered in the Report:
Key Vendors:
- AT&T Inc.
- Dell Inc.
- IBM Corp.
- Symantec Corp.
- Verizon Communications Inc.
Market Growth Drivers:
- Implementation of BYOD Policy
- For a full detailed list, view our report.
Market Challenges:
- Issues Associated with Scalability and Automation
- For a full detailed list, view our report.
Market Trends:
- Rise in Adoption of Cloud-based Services
- For a full detailed list, view our report.
https://www.technavio.com/%3Cp%3E%3Cstrong%3E%3Ca%20href%3D%22http%3A//ww…
