Blockchain Press Releases
Managed Security Services Market size worth $ 58.15 Billion, Globally, by 2028 at 14.31% CAGR: Verified Market Research®
The “Global Managed Security Services Market Size By Type, By Security Type, By Organization Size, By Deployment Model, By Vertical, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Managed Security Services Market, including its growth prospects, market trends, and market challenges.
JERSEY CITY, N.J., July 13, 2023 /PRNewswire/ — The Global Managed Security Services Market is projected to grow at a CAGR of 14.31% from 2021 to 2028, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 19.76 Billion in 2020 and is expected to reach USD 58.15 Billion by the end of the forecast period.
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Browse in-depth TOC on “Managed Security Services Market“
202 – Pages
126 – Tables
37 – Figures
Managed Security Services Market: Promising Growth Driven by Strong Market Drivers and Key Players
The Managed Security Services (MSS) Market, characterized by network services that offer a systematic approach to managing an organization’s security requirements, is poised for significant growth in the coming years. MSS encompasses a range of essential services, including continuous monitoring, intrusion detection system and firewall management, security checks and audits, as well as emergency response. These services can be conducted in-house or outsourced to a reputable service provider.
The market for managed security services is expected to witness substantial expansion, primarily fueled by a host of compelling market drivers. The inherent benefits of MSS, such as cost-effectiveness, comprehensive security protection, and continuous security monitoring, are driving its adoption across various industries. Moreover, the increasing prevalence of cyber activities, coupled with stringent government regulations and the rising trend of Bring Your Own Device (BYOD) among organizations, further contribute to the growth of the Managed Security Services Market.
Furthermore, the escalating demand for advanced threat protection in response to the surge in cyber-attacks is set to propel the market forward during the forecast period. However, it is important to acknowledge that certain restraints and challenges may impede market growth. Notably, the lack of trust in third-party applications to securely share sensitive data represents a significant market restraint that needs to be addressed.
Among the market segments, Small and Medium Enterprises (SMEs) are expected to exhibit the highest Compound Annual Growth Rate (CAGR). This growth can be attributed to the increasing awareness of security threats and the subsequent rise in security spending among these organizations. Additionally, the minimal IT staffing available to handle complex threats underscores the importance of managed security services for SMEs. Conversely, Large Enterprises are anticipated to dominate the market share due to their greater need for advanced protection measures.
Geographically, North America is projected to hold the largest market share, primarily due to extensive developments in the IT sector within the region. The presence of advanced infrastructure and technological advancements further contribute to North America’s dominance in the market. Conversely, the Asia Pacific region is expected to witness the highest CAGR. This growth is driven by the region’s proactive approach towards stricter cyber enforcement and increased IT security spending, particularly in countries such as India and China.
The Managed Security Services Market is home to several key players, including IBM, SecureWorks, BT group, AT&T, Verizon, Trustwave, Symantec, ATOS, Symantec, and BAE Systems. These industry-leading companies play a pivotal role in shaping the market landscape through their financial statements, product benchmarking, SWOT analysis, and key development strategies. Their expertise and commitment to delivering robust security solutions further contribute to the market’s growth and maturity.
In conclusion, the Managed Security Services Market is poised for remarkable growth, driven by compelling market drivers and key players’ expertise. With an emphasis on cost-effectiveness, comprehensive security protection, and continuous monitoring, managed security services offer organizations a strategic approach to safeguarding their digital assets. As the demand for advanced threat protection continues to rise, the market presents lucrative opportunities for businesses worldwide.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Managed Security Services Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Managed Security Services Market into Type, Security Type, Organization Size, Deployment Model, Vertical, And Geography.
- Managed Security Services Market, by Type
- Managed Identity and Access Management
- Managed firewall
- Managed risk and compliance management
- Managed antivirus/anti-malware
- Managed vulnerability management
- Managed Security Information and Event Management
- Managed encryption
- Managed disaster recovery
- Managed Data Loss Prevention
- Managed Unified Threat Management
- Managed Intrusion Detection System/ Intrusion Prevention System
- Managed Distributed Denial of Service mitigation
- Others
- Managed Security Services Market, by Security Type
- Managed Application Security
- Managed Cloud Security
- Managed Endpoint Security
- Managed Network Security
- Managed Security Services Market, by Organization Size
- Large Enterprise
- Small & Medium Enterprise
- Managed Security Services Market, by Deployment Model
- On-premises
- Cloud
- Managed Security Services Market, by Vertical
- BFSI
- Energy and Utilities
- Government and Defense
- Healthcare
- Manufacturing
- Retail
- Telecom and IT
- Others
- Managed Security Services Market, by Geography
- North America
- U.S
- Canada
- Mexico
- Europe
- Germany
- France
- U.K
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia Pacific
- ROW
- Middle East & Africa
- Latin America
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Blockchain Press Releases
Ethiopia-Exclusive: Bybit Livens up P2P Marketplace with 12,000 USDT in Rewards
DUBAI, UAE, Nov. 18, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to announce an Ethiopia-only limited time offer for Bybit P2P users. From now to Dec. 5, eligible makers and users on Bybit P2P can choose a special rewards track while capturing opportunities in P2P trading.
Registration is required for all three events:
1. Merchant-exclusive Event
On Bybit P2P, users may enter the P2P Maker Battle for a share of a 2,000 USDT prize pool. Merchants may get a share of the prize pool by placing a sell ad in the Ethiopian Birr (ETB) on the Bybit P2P marketplace, inviting others to buy USDT.
The prize pool will be divided by the top 10 merchants who trade with the largest number of unique users, and complete a minimum trading volume of 5,000 USDT and minimum number of 50 unique buyers. To qualify, the Merchant must register and submit their UIDs using this form.
2. Cashback Event: Up to 2% for Existing Users
All buyers have a chance at an easy win from another 8,000 USDT prize pool. Existing P2P users may simply trade to reach a minimum of 500 USDT in trading volume to unlock 2% cashback, up to 10 USDT per user.
3. Sharers Get More
Users have another way to access a 2,000 USDT prize pool by using the “share” button to spread the word about their ETB journey on Bybit P2P. The top 10 participants with the highest views will get to tell their stories and take home the rewards. Interested users may use this form to submit their work.
P2P trading is an organic part of the crypto market and an indispensable tool for improving financial inclusion and interconnectivity between community members. Bybit P2P provides a secure and user-friendly peer-to-peer trading solution, enabling users to seamlessly trade among themselves at zero fees.
Bybit offers resources about posting trades on Bybit P2P, and Ethiopian users may visit here for more.
#Bybit / #TheCryptoArk
About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.
For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media
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The European Union’s landmark MiCA regulation is set to transform the crypto industry, establishing stringent standards that many current Virtual Asset Service Providers may find challenging to meet. As MiCA compliance becomes the standard for operating within the European Economic Area, crypto exchanges and asset companies must take prompt action to align their operations with these comprehensive regulations.
To support businesses in navigating this significant transition, an exclusive webinar “Adapt or Die: The Urgent Shift from VASP to MiCA” will be held on Tuesday, November 19th, 2024, at 5:00 PM (CET) time.
This session is designed to provide industry professionals with practical insights and strategies to ensure their software and operations comply with MiCA standards.
Key highlights of the webinar include:
● Detailed analysis of MiCA regulations and their implications for the crypto sector.
● Actionable steps for software adaptation to achieve MiCA compliance.
● Case study feature: How Kyrrex achieved MiCA readiness using solutions from Simplify Labs.
● Practical tools for Anti-Money Laundering, Know Your Customer processes, cybersecurity, and transaction monitoring.
The webinar will be useful for CEOs, COOs, Compliance Officers, Regulatory and Legal Professionals, Tech Managers, and Investors looking to enter or expand within the EEA market. Attendees will gain the knowledge and tools necessary to adapt and thrive under the new MiCA regulatory framework.
Featured speakers:
Vadim Rozov, CEO at Simplify Labs, brings over 20 years of management and software development experience. Under his leadership, the company is dedicated to simplifying crypto and blockchain technology, making it accessible for non-technical founders and management teams.
Kevin Plumpton, CEO at Kyrrex, is a warranted advocate with extensive expertise in finance, business, property, and international law. He specializes in corporate governance, risk, and compliance legislation, and is a prominent figure in the Anti-Money Laundering and Counter Financing of Terrorism fields. He is recognized for developing innovative KYC and due diligence platforms utilized by leading organizations.
“The crypto industry is at a critical juncture where understanding and adhering to MiCA regulations is essential for continued growth and market access,” said Kevin Plumpton, CEO at Kyrrex. “Events like these are vital for bringing together industry leaders to share knowledge and best practices, ensuring businesses can adapt effectively and sustain their operations.”
Franklin Cachia, Executive Director at CSB Group, is an accomplished professional who advises clients on taxation, financial services, AML compliance, and corporate law, among other areas. His broad expertise also encompasses gaming, GDPR, and property law.
The post Adapt or Die: The Urgent Shift from VASP to MiCA appeared first on .
Blockchain Press Releases
Sweat Your Way to Rewards: Live4Well Revolutionizes Wellness with Innovative “Exercise-to-Earn” Ecosystem
HONG KONG, Nov. 18, 2024 /PRNewswire/ — The past decade has witnessed a dramatic shift in consumer behavior, with online shopping becoming the norm, further accelerated by the pandemic. Reward programs have sprung up everywhere, incentivizing spending and fostering brand loyalty. The core of cashback is to encourage consumers to develop a habit of continuous shopping through rewards. This same logic is beginning to take root in the field of sports and health.
GYMetaverse, the innovative team behind the successful Live4Well Genesis NFT collection, is disrupting the rewards landscape with the launch of its upgraded VIV PASS program. This groundbreaking “move-to-earn” ecosystem incentivizes healthy habits, transforming sweat equity into tangible rewards. Live4Well envisions a positive feedback loop where exercise leads to better health, and better health leads to tangible benefits, realizing the concept of “health as wealth.”
Pioneering the “Fitness Mileage” Concept: Earn Rewards for an Active Lifestyle
This inclusive program is open to users worldwide with zero barriers to entry. In just minutes, users can download the Live4Well mobile app and register for free access to the VIV Pass ecosystem. Initially, Sweat Points, the program’s reward currency, can be earned through three primary avenues:
(1) Daily Exercise — Users accumulate points by tracking steps and calories burned, turning daily workouts into rewarding experiences.
(2) Competition Participation — Points are awarded for participating in designated sporting activities, simply by uploading proof of participation.
(3) Health & Fitness Spending — Users can upload receipts for eligible purchases in the designated sports and wellness categories to earn additional Sweat Points.
Live4Well makes the benefits of exercise immediately tangible, converting effort into visible rewards. Accumulated Sweat Points can be redeemed for a variety of prizes, including cash vouchers, fitness products, and exercise classes. The Live4Well app also empowers users to track their fitness data and participate in engaging challenges.
Creating a Global Sharing Economy: A triple win for Users, Businesses, and the Industry
Live4Well‘s vision extends beyond simply creating a health management platform. The “exercise-to-earn” concept fosters a mutually beneficial ecosystem:
(1) User Benefits — VIV PASS motivates individuals to adopt and maintain healthy exercise habits through a rewarding system.
(2) Business Advantages — The platform connects businesses with their target audience through community engagement and strategic partnerships, driving more effective product promotion.
(3) Industry Transformation — By creating a “move-to-earn” economy, Live4Well stimulates consumer spending, transforming calorie expenditure into a quantifiable reward unit. This innovative approach empowers businesses to generate revenue, expand operations, and seamlessly connect the virtual and physical worlds.
Since its inception, Live4Well‘s fitness alliance ecosystem has continued to expand. With ongoing optimization of its operational framework, the VIV PASS ecosystem provides easy access and a tiered membership system, fostering a comprehensive wellness mechanism which stimulates consumer engagement, and builds a thriving global sharing economy.
To learn more, please visit: https://www.live4well.io
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