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

By Service Type;

Network Security and Endpoint Security.

By Deployment Model;

On-Premises and Cloud-Based.

By Applications;

Identity & Access, Risk & Compliance, Vulnerability, Managed Security Device, and Others.

By End-User;

BFSI , Discrete Manufacturing, Healthcare, Government Agencies, Telecommunication, Energy & Utility, and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn147807577 Published Date: May, 2025 Updated Date: June, 2025

Introduction

Global Managed Cyber Security Services Market (USD Million), 2021 - 2031

In the year 2024, the Global Managed Cyber Security Services Market was valued at USD 33,634.15 million. The size of this market is expected to increase to USD 83,133.55 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.


Global Managed Cyber 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 33,634.15 Million
Market Size (2031)USD 83,133.55 Million
Market ConcentrationLow
Report Pages328
33,634.15
2024
83,133.55
2031

Major Players

  • Symantec Corporation
  • IBM Corporation
  • Accenture PLC
  • AT&T Inc.
  • Check Point Software Technologies Limited
  • Tata Consultancy Services
  • Honeywell International Inc.
  • Dell Technologies Inc.
  • Fortinet, Inc.
  • CNS Group

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Managed Cyber Security Services Market

Fragmented - Highly competitive market without dominant players


Managed Cyber Security Services encompass a range of solutions, including threat detection and response, vulnerability management, compliance monitoring, and incident management, all delivered through a managed service provider (MSP). This model enables organizations to leverage the expertise and advanced capabilities of cybersecurity professionals without the need for significant investments in in-house resources, thereby allowing them to focus on their core business objectives while ensuring robust protection against evolving cyber threats.

As cyber threats continue to evolve in complexity and sophistication, the demand for specialized managed cybersecurity services is witnessing substantial growth across various industries and sectors. Organizations are increasingly recognizing the benefits of outsourcing their cybersecurity needs to experienced MSPs, who offer round-the-clock monitoring, rapid incident response, and continuous threat intelligence updates. This proactive approach to cybersecurity not only enhances an organization's resilience against cyber-attacks but also helps in achieving regulatory compliance, reducing operational risks, and maintaining customer trust.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Service Type
    2. Market Snapshot, By Deployment Model
    3. Market Snapshot, By Applications
    4. Market Snapshot, By End-User
    5. Market Snapshot, By Region
  4. Managed Cyber Security Services Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Adoption of cloud computing
        2. Rise in remote working trends
        3. Need for 24/7 monitoring
        4. Emphasis on proactive threat detection
      2. Restraints
        1. Potential for service disruptions
        2. Dependence on third-party providers
        3. Compliance with multiple regulations
        4. Contractual obligations and lock-ins
      3. Opportunities
        1. Development of industry-specific solutions
        2. Adoption of AI and automation
        3. Focus on Zero Trust security
        4. Increased demand for threat intelligence
    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 Cyber Security Services Market, By Security Type, 2021 - 2031 (USD Million)
      1. Application Security
      2. Cloud Security
      3. Endpoint Security
      4. Network Security
    2. Managed Cyber Security Services Market, By Deployment Model, 2021 - 2031 (USD Million)

      1. On-Premises

      2. Cloud-Based

    3. Managed Cyber Security Services Market, By Applications, 2021 - 2031 (USD Million)
      1. Identity & Access
      2. Risk & Compliance
      3. Vulnerability
      4. Managed Security Device
      5. Others
    4. Managed Cyber Security Services Market, By End-User, 2021 - 2031 (USD Million)
      1. BFSI
      2. Discrete Manufacturing
      3. Healthcare
      4. Government Agencies
      5. Telecommunication
      6. Energy & Utility
      7. Other End Users
    5. Managed Cyber 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 Analysis
    1. Company Profiles
      1. Symantec Corporation
      2. IBM Corporation
      3. Accenture PLC
      4. AT&T Inc.
      5. Check Point Software Technologies Limited
      6. Tata Consultancy Services
      7. Honeywell International Inc.
      8. Dell Technologies Inc.
      9. Fortinet, Inc.
      10. CNS Group
  7. Analyst Views
  8. Future Outlook of the Market