Global MSS Market Enters High-Growth Phase as Demand Soars for Cloud-Native SOC and MDR Services
TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, "Managed Security Services (MSS) - A Global Market Overview," estimating that worldwide MSS revenues will climb from US$33 billion in 2024 to more than US$62 billion by 2030, registering a CAGR of 11.1% during the forecast period. Growth is being fueled by intensifying cyber threats, complex compliance requirements, and a persistent shortage of skilled cybersecurity professionals, with organizations increasingly outsourcing SOC capabilities to strengthen resilience and ensure regulatory adherence.
North America accounted for the largest market share in 2024 with US$24.2 billion, driven by mature cybersecurity adoption in BFSI, healthcare, and government sectors, alongside demand for co-managed SOCs and compliance with HIPAA, CCPA, and NIST frameworks. Asia-Pacific is projected to be the fastest-growing region, registering an 8.6% CAGR between 2024 and 2030, supported by accelerating enterprise digitization, national cybersecurity programs, and heightened cloud security demand in China, India, and ASEAN markets.
BFSI remained the largest industry sector in 2024 with US$14.5 billion, supported by high regulatory complexity and persistent cyber risks, while healthcare is expected to record the fastest CAGR of 9% through 2030, driven by ransomware threats, patient data protection, and HIPAA/GDPR enforcement. Leading vendors include IBM, Atos, BT, Verizon, SecureWorks, AT&T, Arctic Wolf, eSentire, Rapid7, Palo Alto Networks, CrowdStrike, and Check Point Software Technologies.
The report segments the market by Service Type (Managed LAN, Managed Wi-Fi, Managed VPN, Managed WAN, Network Monitoring, Managed NFV, Managed Network Security), Network Security Type (Managed Firewall, Managed IDS/IPS, Other Network Security Types), Deployment Type (Cloud, On-Premise), Company Type (Large Enterprises, SMEs), and Industry Sector (BFSI, IT & Telecom, Retail, Healthcare, Manufacturing, Public Sector, Energy & Utilities, Others) across five global regions and 29 countries. It also profiles over 25 major companies and examines key technology and service delivery innovations shaping MSS adoption.
For sample pages or purchase options, contact +1-320-497-3787 or visit Managed Security Services (MSS) Market Report
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TechMarket Experts, a unit of Industry Experts, Inc., is your trusted source for independent and unbiased market research reports focused exclusively on the Information Technology (IT) and IT enabled services industries. We provide the reliable insights you need to unlock your tech growth and power your strategic decisions in today's dynamic IT landscape. For more information, contact us on +1-320-497-3787 or visit https://techmarketexperts.com/.
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