Connect with us

Business Wire

Indian Managed Security Services Market, Forecast to 2022 – Lack of In-house Cybersecurity Skills Drives MSS Adoption – ResearchAndMarkets.com

Business Wire

Published

on

Reading Time: 3 minutes

DUBLIN–(BUSINESS WIRE)–The “Indian
Managed Security Services Market, Forecast to 2022”
report has
been added to ResearchAndMarkets.com’s offering.

In 2017, the Indian MSS market recorded a growth of 27.9% on a YoY
basis. The MSS market witnessed a growth in the uptake of services
because of the increased digitization and the expanding landscape of
advanced threats.

The Indian Government continued to focus on the move toward ‘Digital
India’ and emphasized on the rising need to make the digital platforms
cyber safe. Internet penetration in India is on the upswing, and there
is a constant need to keep digital government records safe. As MSSPs are
now being engaged to manage security needs, they are offering
on-premises, remote, and hybrid deployment models. They are also
introducing advanced solutions, based on artificial intelligence (AI)
and blockchain, for faster threat detection and remediation.

Uptake of cyber security solutions by SMBs remained limited, with a slow
adoption of MSSP services. SMBs continue to face challenges due to the
constantly changing technology landscape, lack of skilled cybersecurity
professionals, and limited budget to invest in advanced solutions.

India continues to face a shortage of skilled cybersecurity
professionals which often causes firms to outsource their security needs.

In 2017, CPE-based MMS services remained the largest contributor with a
market share of approximately 70%. This segment is expected to maintain
a healthy growth rate and record a strong CAGR from 2017 to 2022. HSS,
meanwhile, achieved a higher growth than the MMS segment.

Large enterprises continued to dominate the MSS market with a share of
90.3%, while the remaining came from SMBs. However, SMBs recorded a
growth rate higher than large enterprises.

Some of the key participants in the market were Tata Communications,
Tech Mahindra, Wipro, DXC Technology, BT, and IBM. The top three market
participants occupied a market share of more than 35.0%. There are
several small cybersecurity companies in the Indian market which receive
active financial support from the Indian Government.

Demand mainly came from verticals, such as BFSI, government, and others
(pharmaceuticals, retail, logistics, oil and gas, and energy).

By 2022, the Indian MSS market is expected to witness a healthy CAGR of
30.9%. The MSS market will witness growth due to the demand for
advanced, real-time, automated security solutions. With increasing focus
on advanced security areas, such as identity and access management,
threat intelligence, and cloud security, the demand for MSS solutions is
expected to increase.

Key Topics Covered:

1. Market Overview

  • Market Definitions
  • Managed Security Services Types
  • Market Overview – Definitions
  • Key Questions this Study will Answer
  • Market Segmentation
  • Research Scope
  • Geographical Coverage

2. Forecasts and Trends

  • Key Findings
  • Market Engineering Measurements
  • Revenue Forecast
  • Percent Revenue Forecast by Segment
  • Revenue Forecast by Segment
  • Revenue Forecast Discussion by Segment

3. Market Share and Competitive Analysis

  • Competitive Analysis
  • Competitive Environment

4. Growth Opportunities and Call to Action

  • Growth Opportunity 1 – Outsourcing of Security Operations
  • Growth Opportunity 2 – Increasing Shift to the Cloud and from CAPEX to
    OPEX
  • Growth Opportunity 3 – Large Enterprises’ Preference for Insourcing
  • Growth Opportunity 4 – Increasing Demand for Advanced Security Services
  • 4 Major Growth Opportunities
  • Strategic Imperatives for Success and Growth

5. Managed Security Services – Vendor Analysis

  • Availability and Completeness of Managed Security Services Offerings
  • Country/Region Legend for Security Operation Centers
  • IBM Security
  • Tata Communications
  • List of Security Services and Vendor Partnerships
  • List of MSSP Pricing Models in APAC

6. The Last Word

  • 3 Big Predictions
  • Legal Disclaimer

7. Appendix

  • Market Engineering Methodology
  • List of Exhibits

Companies Mentioned

  • BT
  • DXC Technology
  • IBM
  • Tata Communications
  • Tech Mahindra
  • Wipro

For more information about this report visit https://www.researchandmarkets.com/r/3h2eas

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: IT
Security

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

For the last half century, thousands of communications professionals have turned to us to deliver their news to the audiences most important to their business through the sources they trust most. Over that time, we've gone from a single office with one full time employee to more than 500 employees in 32 bureaus.

Business Wire

Bin Zayed Group’s global oil chain and BBOSS reached a strategic cooperation

Business Wire

Published

on

Reading Time: 2 minutes

NEW YORK–(BUSINESS WIRE)–Recently, Top investment master in the world, Prince of Abu Dhabi, Chairman of the Board of Directors of the Bin Zayed Group, His Excellency Sheikh Khaled Bing Zayed Al Nahyan, Chairman of the Board of Directors of the Abu Dhabi Sovereign Fund, chaired the “Global refueling chain OPC Strategic Cooperation Seminar” in Bangkok, Thailand. The Bin Zayed Group, a partner from 50 countries around the world, held a one-day strategic discussion on the use of the BBOSS accounting tool to launch the global refueling chain. Finally reached a consensus that the OPC global refueling system uses the BBOSS accounting tool as a third-party tool for OPC points.

Liu Shijiang, secretary general of the China Aviation Rescue Alliance, attended the seminar and reached a strategic cooperation intention on the cooperation between the Air Rescue Association and OPC.

(BIN ZAYED GROUP, (BZG),) is a global oil, energy, bank, finance, real estate, top hotel, antique and cultural relics investment enterprise founded by Prince Sheikh Khaled Bin Zayed Al Nahyan. Its “Abu Dhabi sovereign fund”, with a size of $1.3 trillion (10 trillion yuan), once ranked first in the world and now ranks second in the world.

The global refueling chain project launched by the Bin Zayed Group is the first subdivided market project based on block chain technology to solve the problem of gas stations. This project not only solves the problem of expensive refueling, The problem of the number of passengers at gas stations is due to the use of the BBOSS points tool to give all participants more benefits. The global network of global refueling chain projects will make full use of the BBOSS accounting tool, meaning that the physical application of BBOSS tools is rapidly expanding to more areas around the world.

The cooperation with the China Aviation Rescue Alliance also applies the oil chain to people’s livelihood, refueling BBOSS Token to let more consumers feel the convenience and benefits of BBOSS accounting tools to their lives.

Contacts

Jan Liu

Jan@globalnews.com

Continue Reading

Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Business Wire

Published

on

Reading Time: 2 minutes

LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

Continue Reading

Business Wire

IMPORTANT INVESTOR ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Textron Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

Business Wire

Published

on

Reading Time: 2 minutes

LOS ANGELES–(BUSINESS WIRE)–$TXT #TXTThe Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Textron Inc. (“Textron” or “the Company”) (NYSE: TXT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company’s shares between January 31, 2018 and October 17, 2018, inclusive (the ”Class Period”), are encouraged to contact the firm before October 21, 2019.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm’s website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Textron suffered from slowing end-market sales of Arctic Cat products, leaving the sales channel filled with excess inventory. The Company provided significant discounts in an effort to clear the aging inventory, which impacted its earnings. Based on these facts, the Company’s public statements were false and materially misleading. When the market learned the truth about Textron, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

Contacts

The Schall Law Firm

Brian Schall, Esq.

www.schallfirm.com

Office: 310-301-3335

Cell: 424-303-1964

info@schallfirm.com

Continue Reading

Font Resizer

Subscribe to PICANTE via Email

Enter your email address to subscribe to PICANTE and receive notifications of new posts by email.

Follow us on Facebook

Read more from our authors

Follow our Tweets

Trending

Please turn AdBlock off