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Latin America Managed Security Services Forecast, 2023–2027

Publisher IDC
Published Aug 23, 2023
Length 13 Pages
SKU # IDC18143171

Description

Latin America Managed Security Services Forecast, 2023–2027


Managed security service providers will be able to find opportunities with enterprises as they see the importance of managing risk in a proactive manner rather than being reactive. As cybercriminals become more sophisticated and attacks involve more financial losses, companies will adopt managed security services and seek expert providers for their primary alliances.“The market for managed security services must consider the need for services with a holistic perspective. They should be able to cover hybrid ecosystems and adhere to an open collaboration perspective that allows the integration of different solutions and providers. It is crucial for companies to comprehend that the foremost obstacle for corporations will persist in constructing cyber resilience competencies that result in budget efficiencies. Cybersecurity departments will continue to evaluate their security architecture and facilitate the consolidation of their solutions. Lastly, the incorporation of analytical and automation skills will continue to put data at the center of security strategies, placing managed service providers in a strategic position to support these initiatives.” Emanuel Figueroa, Senior Analyst, Security Markets | Enterprise, LatAm

Please Note: Extended description available upon request.

Table of Contents

13 Pages
IDC Market Forecast Figure
Executive Summary
Advice for Technology Suppliers
Market Forecast
Trends
Market Context
Security Managed Services Tend to Be Hybrid
Drivers and Inhibitors
Drivers
Inhibitors
Significant Market Developments
Managed Extended Detection and Response
Artificial Intelligence, a Forth Coming Answer to the Reactive Nature of Cybersecurity
Pay-As-You Grow, the Answer to Innovative Security Platforms
Changes from Prior Forecast
Market Definition
Methodology
Related Research

Pricing

Currency Rates
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