Global Managed Security Services (MSS) Market Size study & Forecast, by Service Type (Security Operations & Monitoring (SOCaaS, SIEM-as-a-Service), Advanced Threat Detection (MDR, MXDR), Identity & Data Protection), by Type (Fully Managed, Co-Managed) and

The Global Managed Security Services (MSS) Market is valued approximately at USD 35.53 billion in 2024 and is anticipated to grow with a growth rate of more than 11.10% over the forecast period 2025-2035. Managed Security Services encompass a broad range of outsourced solutions delivered by third-party providers to safeguard enterprises from increasingly complex and relentless cyber threats. MSS integrates proactive monitoring, advanced analytics, and threat intelligence with 24/7 security operations to enable organizations to mitigate risks, ensure regulatory compliance, and protect critical data assets without overwhelming internal IT resources. The rapid proliferation of digital transformation initiatives, expansion of remote workforces, and the surge in sophisticated cyberattacks have catalyzed the adoption of MSS globally. Enterprises are turning toward MSS providers to optimize security expenditures while strengthening their defensive resilience against zero-day vulnerabilities, ransomware, and advanced persistent threats.

As the attack surface expands across cloud-native environments, IoT ecosystems, and hybrid networks, the demand for comprehensive outsourced security frameworks has surged dramatically. Organizations are increasingly recognizing the value of co-managed and fully managed security models, as these arrangements allow internal teams to focus on core business strategies while leveraging specialized expertise to neutralize emerging threats. According to industry reports, ransomware damages alone are projected to cost businesses trillions of dollars annually by the end of the decade, underscoring the critical need for continuous threat visibility and incident response capabilities. Moreover, regulatory compliance frameworks such as GDPR, CCPA, and HIPAA necessitate advanced MSS deployment, creating fertile opportunities for service providers. While cost-conscious SMEs are accelerating adoption for scalable protection, large enterprises are deepening reliance on integrated MSS solutions to future-proof operations against evolving adversarial tactics.

The detailed segments and sub-segments included in the report are:

By Service Type:
• Security Operations & Monitoring (SOCaaS, SIEM-as-a-Service)
• Advanced Threat Detection (MDR, MXDR)
• Identity & Data Protection

By Type:
• Fully Managed
• Co-Managed

By Region:

North America
• U.S.
• Canada

Europe
• UK
• Germany
• France
• Spain
• Italy
• ROE

Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• RoAPAC

Latin America
• Brazil
• Mexico

Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Security Operations & Monitoring is Expected to Dominate the Market

Among service types, Security Operations & Monitoring—encompassing SOC-as-a-Service and SIEM-as-a-Service—remains the backbone of the MSS industry, commanding the largest share of market revenues. The dominance of this segment is anchored in enterprises’ mounting need for real-time log analysis, network visibility, and continuous security posture assessments. With attack vectors multiplying across endpoints and cloud layers, organizations depend heavily on SOCaaS providers to detect, analyze, and remediate threats at scale. While advanced detection solutions like MDR and MXDR are witnessing accelerated growth, SOC-driven monitoring maintains a foundational role, offering both preventative defense and compliance reporting that organizations cannot forgo.

Fully Managed Services Lead in Revenue Contribution

When analyzing the MSS market by type, fully managed services currently account for the lion’s share of revenue. Enterprises, especially in highly regulated sectors such as banking, healthcare, and critical infrastructure, prefer fully outsourced security solutions to alleviate the burden on internal teams. The appeal lies in end-to-end coverage, 24/7 monitoring, and expert-led remediation tailored to specific compliance needs. While fully managed services dominate, co-managed models are rapidly gaining popularity among mid-sized enterprises, where internal IT teams seek collaborative engagement with MSS providers to maintain flexibility and control. The interplay between both models highlights a nuanced dynamic: fully managed dominates revenue share, but co-managed services represent a fast-growing frontier in response to the hybrid workforce era.

The key regions considered for the Global Managed Security Services Market study include Asia Pacific, North America, Europe, Latin America, and the Middle East & Africa. North America dominated the market in 2025 with the largest market share owing to its mature cybersecurity ecosystem, stringent regulatory compliance mandates, and concentration of Fortune 500 companies that prioritize robust security infrastructure. Extensive adoption of cloud platforms and remote work practices has further heightened reliance on MSS across the region. Asia Pacific, however, is emerging as the fastest-growing market during the forecast period. Accelerated digitalization, rapid enterprise cloud migration, and surging cybercrime rates in economies such as China and India are driving MSS adoption aggressively. Additionally, favorable government-led cybersecurity initiatives, coupled with significant investments in IT modernization, are transforming the region into a fertile ground for managed security services growth.

Major market players included in this report are:
• IBM Corporation
• Accenture plc
• Cisco Systems, Inc.
• Broadcom Inc. (Symantec Enterprise Division)
• Atos SE
• BT Group plc
• Secureworks, Inc.
• Check Point Software Technologies Ltd.
• Fortinet, Inc.
• Tata Consultancy Services (TCS)
• Verizon Communications Inc.
• Wipro Limited
• Deloitte Touche Tohmatsu Limited
• Trend Micro Incorporated
• NTT Security Corporation

Global Managed Security Services (MSS) Market Report Scope:
• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained above.

Key Takeaways:
• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional-level analysis for each market segment.
• Detailed analysis of the geographical landscape with country-level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of the competitive structure of the market.
• Demand side and supply side analysis of the market.

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