What is Managed Security Service?

Managed Security Services Market refers to the outsourced monitoring, management, and proactive support of security systems and infrastructure, allowing organizations to focus on core operations while ensuring 24/7 threat detection, compliance alignment, and incident response readiness. This market is maturing from traditional SOC services into AI-driven, automated, and threat-intelligence-led platforms capable of adaptive security in hybrid, cloud, and on-premises environments.

The market's disruptive trajectory is reshaping enterprise security models by offering flexible, scalable, and cost-optimized solutions. It enables faster deployment of advanced analytics, reduces security skill gaps, and enhances compliance in regulated industries. As cyber threats grow sophisticated, the demand for unified, seamless, and predictive managed services is scaling rapidly, creating a significant addressable market globally.

Market Size:

Managed Security Services Market was valued at USD 40.32 billion in 2024 and is projected to reach a market size of USD 93.31 billion by 2030 at a CAGR of 15%.

Key Players:

•    IBM Corporation
•    AT&T Inc.
•    Symantec Corporation
•    SecureWorks Inc.
•    Trustwave Holdings Inc.
•    Verizon Communications Inc.
•    Wipro Limited
•    BT Group plc

Case Study:

SecureWorks’ XDR platform integrated with MSS reduced a global retailer's incident response time by 50%, while improving threat visibility across distributed environments.

Popularity & Key Statistics:

•    Over 62% of enterprises opt for MSS for hybrid cloud security.
•    Sharp rise in demand for managed detection and response (MDR) services.

Market Segmentation:

By Type

•    Managed Intrusion Detection and Prevention Systems (IDPS)
•    Managed Firewall Services
•    Managed Endpoint Security
•    Managed Security Information and Event Management (SIEM)
•    Managed Vulnerability Management
•    Managed Identity and Access Management (IAM)
•    Managed Risk and Compliance Management
•    Managed Unified Threat Management (UTM)
•    Managed Data Loss Prevention (DLP)
•    Managed Cloud Security
•    Managed Web Security
•    Managed Email Security
•    Others

By End User

•    Banking, Financial Services, and Insurance (BFSI)
•    Government and Defense
•    Healthcare and Life Sciences
•    Retail and E-commerce
•    Energy and Utilities
•    IT and Telecom
•    Manufacturing
•    Education
•    Transportation and Logistics
•    Media and Entertainment
•    Others

What’s in It for You?

•    Identify unmet needs in high-growth verticals like healthcare and BFSI.
•    Benchmark evolving MSSP models and value chains.
•    Gain actionable intelligence on automation-driven MSS opportunities.
•    Understand customer pain points around scalability and compliance.