Global Managed Security Services Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

DDoS, Managed SIEM, Managed Endpoint Threat Detection, Managed Two-Factor Authentication, Compliance Management, Vulnerability Management, and Others

By Deployment Model;

Cloud-Based and On-Premise

By Organization Size;

SMEs and Large Enterprises

By Industry Vertical;

BFSI, Telecom & IT, Retail, Healthcare, Government & Defense, Manufacturing, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn862304552 Published Date: May, 2025 Updated Date: June, 2025

Managed Security Services Market Overview

Managed Security Services Market (USD Million)

Managed Security Services Market was valued at USD 33,638.57 million in the year 2024. The size of this market is expected to increase to USD 83,144.48 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.


Global Managed Security Services Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 13.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.8 %
Market Size (2024)USD 33,638.57 Million
Market Size (2031)USD 83,144.48 Million
Market ConcentrationLow
Report Pages383
33,638.57
2024
83,144.48
2031

Major Players

  • AT&T Inc.
  • BAE Systems, Inc
  • BT Group Plc
  • CenturyLink Inc
  • Check Point Software Technologies Ltd
  • Cisco Systems Inc
  • Computer Science Corporation
  • Dell SecureWorks Inc
  • Hewlett-Packard Enterprise
  • IBM Corporation
  • Intel Security Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Managed Security Services Market

Fragmented - Highly competitive market without dominant players


The Managed Security Services Market is gaining robust traction as enterprises respond to growing cyber risks. Businesses are opting for expert service providers to ensure around-the-clock threat detection and data protection. Presently, more than 65% of companies outsource their security operations to achieve enhanced network resilience and operational efficiency.

Efficiency Through Outsourced Security Solutions
Managed services are becoming a go-to solution due to their cost-optimized nature and ease of deployment. These services help cut down internal costs while offering superior threat handling capabilities. Surveys show that 58% of organizations experience financial savings by shifting to managed security operations.

Adaptability with Cloud-Driven Environments
As businesses migrate to cloud and hybrid models, the need for flexible and responsive security solutions is rising. Managed security services help safeguard these modern infrastructures, with over 50% of enterprises actively integrating such solutions to protect cloud-based workloads and ensure data integrity.

Enhanced Defense with AI-Driven Systems
Modern managed security services now integrate AI and automation for quicker and smarter threat management. These technologies account for nearly 40% of current managed detection systems, streamlining response times and minimizing vulnerabilities through intelligent data analysis.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Deployment Model
    3. Market Snapshot, By Organization Size
    4. Market Snapshot, By Industry Vertical
    5. Market Snapshot, By Region
  4. Managed Security Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Escalating Cyber Threat Landscape
        2. Increasing Complexity of IT Environments
        3. Digital Transformation Initiatives
        4. Cloud Adoption
        5. Remote Workforce
      2. Restraints
        1. Budget Constraints
        2. Lack of Awareness
        3. Concerns About Data Privacy
        4. Integration Challenges
        5. Complexity of Security Solutions
      3. Opportunities
        1. Industry-specific Solutions
        2. Small and Medium-sized Enterprises (SMEs) Adoption
        3. Regulatory Compliance Solutions
        4. Growing Cybersecurity Awareness
        5. Managed Detection and Response (MDR)
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Managed Security Services Market, By Type, 2021 - 2031 (USD Million)
      1. DDoS
      2. Managed SIEM
      3. Managed Endpoint Threat Detection
      4. Managed Two-Factor Authentication
      5. Compliance Management
      6. Vulnerability Management
      7. Others
    2. Managed Security Services Market, By Deployment Model, 2021 - 2031 (USD Million)
      1. Cloud-Based
      2. On-Premise
    3. Managed Security Services Market, By Organization Size, 2021 - 2031 (USD Million)
      1. SMEs
      2. Large Enterprises
    4. Managed Security Services Market, By Industry Vertical, 2021 - 2031 (USD Million)
      1. BFSI
      2. Telecom & IT
      3. Retail
      4. Healthcare
      5. Government & Defense
      6. Manufacturing
      7. Others
    5. Managed Security Services Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. AT&T Inc.
      2. BAE Systems, Inc
      3. BT Group Plc
      4. CenturyLink Inc
      5. Check Point Software Technologies Ltd
      6. Cisco Systems Inc
      7. Computer Science Corporation
      8. Dell SecureWorks Inc
      9. Hewlett-Packard Enterprise
      10. IBM Corporation
      11. Intel Security Group
  7. Analyst Views
  8. Future Outlook of the Market