PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1610978
PUBLISHER: Frost & Sullivan | PRODUCT CODE: 1610978
Managed and Professional Security Services are Experiencing Transformational Growth Due to Stricter Requirements and Enforcement of Cybersecurity Regulations
As organizations rapidly adopt digital technologies and incorporate them into their daily operations and customer-facing services, the surge of digitalization, including the increasing adoption of digital processes, IoT, and cloud-based technology, has resulted in increasingly complex IT environments while exposing organizations to higher levels of cyberrisks. The threat landscape will continue to expand as rapid digitalization has created potential points of entry for cybercriminals, and the evolving cyberthreats have amplified the need for MSSPs to support organizations implementing more robust security measures.
Stricter regulatory enforcement and a shortage of qualified security professionals will also continue to drive the adoption of MSS and PSS in China. A growing number of organizations will engage with MSSPs to access a comprehensive suite of cybersecurity services and a pool of experienced security professionals. The support from trusted security partners, such as MSSPs, allows them to shift to a more proactive approach when dealing with fast-evolving cyberthreats.
This Frost & Sullivan research service provides insight into segments, verticals, and horizontals of China's managed and professional security services market. The study analyzes the factors driving and restraining the use of these services, performs a forecast analysis, examines the competitive landscape, and identifies growth opportunities. The base year is 2024, and the forecast period is from 2025 to 2029.