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
Purchasers of Quantstamp QSP Tokens May Be Eligible for Payment from the Quantstamp Fair Fund
COSTA MESA, Calif., Jan. 22, 2025 /PRNewswire/ — The following statement is being issued by Simpluris, Inc., the SEC-appointed Fund Administrator.
UNITED STATES OF AMERICA
Before the
SECURITIES AND EXCHANGE COMMISSION
In the Matter of Quantstamp, Inc.
Administrative Proceeding File No. 3-21535
This Notice is Pursuant to a Distribution Plan approved by the United States Securities and
Exchange Commission in the captioned matter.
If you purchased or acquired Quantstamp QSP tokens from October 1, 2017, through July 20, 2023, inclusive, you may be eligible for a distribution from the Fair Fund created in the Securities and Exchange Commission (“SEC”) administrative proceeding captioned above (the “Fair Fund”).
The Fair Fund is being distributed pursuant to a Distribution Plan (the “Plan”) approved by the SEC. The Plan provides for the distribution of the Fair Fund to compensate investors based on their losses, due to the misconduct of Quantstamp, Inc. described in the SEC’s administrative proceeding, on the purchase of QSP tokens from October 1, 2017 through July 20, 2023. You can view and download a copy of the SEC’s order and the Plan on the Important Documents tab on the website for this matter: www.QuantstampFairFund.com/documents.
To be considered for eligibility for a Distribution Payment from the Fair Fund, you must timely submit a completed Claim Form online or via mail. Claim Forms completed online must be submitted on or before 11:59 p.m. Eastern Standard Time (“EST”) on April 10, 2025. Claim Forms submitted via mail must be sent to the address provided on the Claim Form and postmarked (or if not sent by U.S. Mail, received) by April 10, 2025.
You may complete the Claim Form online here: www.QuantstampFairFund.com/form/claim. Alternatively, you may download a paper copy from of the Claim Form on the Important Documents page www.QuantstampFairFund.com/documents, or request a copy of the paper Claim Form from the Fund Administrator via email at [email protected] or by calling 833-215-6101, for submission by mail to the address set forth on the Claim Form.
ADDITIONAL INFORMATION
Additional information regarding the Fair Fund, including copies of the Plan, the Plan Notice, the Claim Form, and other relevant documents may be found at www.QuantstampFairFund.com. You may request copies or seek additional information by contacting the Fund Administrator.
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Quantstamp Fair Fund |
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
The post Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users appeared first on News, Events, Advertising Options.
Blockchain Press Releases
HTX Ventures: RWAFi and Stablecoin Payments Set to Dominate the Evolving DeFi Landscape
SINGAPORE, Jan. 22, 2025 /PRNewswire/ — The DeFi landscape has undergone a dramatic transformation since the “DeFi Summer” of 2020. With Donald Trump assuming office as the President of the United States, a new era of growth for DeFi is emerging, characterized by deeper integration with traditional finance.
HTX Ventures, the global investment division of HTX, has released a forward-looking report titled “A New Era for DeFi with Crypto Compliance and New Opportunities in RWA-Fi and Stablecoin Payments.“ This report analyzes the evolving environment of crypto trading in 2025, focusing on the significant opportunities and challenges RWAFi and stablecoin payments are facing.
Changes in the Crypto Trading Environment Favor Stablecoins and RWAs Prospects
The gradual easing of crypto regulatory policies is facilitating greater institutional investor participation within the crypto ecosystem. This shift has seen stablecoins and RWAs (Real-World Assets) emerge as crucial bridges connecting the traditional finance and decentralized finance worlds.
Data shows a remarkable surge in stablecoins usage in blockchain transactions, which has risen from 3% in 2020 to over 50% by the end of 2024. The core value proposition of stablecoins lies in their ability to facilitate seamless cross-border payments, making them strategically important in international trade.
The report underscores the immense potential of stablecoins, stating, “At present, the global cross-border B2B payments market processed through traditional channels is valued at approximately $40 trillion, while the consumer remittance market generates hundreds of billions of dollars in annual revenue. Stablecoins offer a new alternative for efficient cross-border payments via crypto channels. As the adoption gains momentum, stablecoins are set to penetrate and disrupt this market segment, becoming a key player in the global payments landscape.”
Furthermore, the U.S. House Financial Services Committee is actively preparing to introduce a stablecoin bill, which has the potential to be the first comprehensive crypto legislation passed by Congress. This legislation could drive widespread adoption of crypto wallets, stablecoins, and blockchain-based payment channels among traditional banks, enterprises, and individuals. Notably, several prominent traditional financial giants, including PayPal and Stripe, have already initiated active exploration within the stablecoin sector.
The RWA market saw positive growth during the recent bear market cycle, primarily driven by its stable returns. Unlike cryptocurrencies, the value of RWAs remains largely unaffected by the inherent volatility of the crypto market, a crucial characteristic for building a robust DeFi ecosystem. Industry leaders like Binance project that the RWA market could expand to $16 trillion by 2030. This immense market potential has driven companies like BlackRock and Tether to explore tokenized assets, leading to the emergence of compliance tools for RWA token issuance, such as Securitize.
Opportunities and Challenges for DeFi Projects
As stablecoins and RWAFi emerge as the cornerstones of the evolving DeFi landscape, project teams are tasked with developing innovative products tailored to the new environment and demands. While challenges are inevitable, these transformative shifts also unlock numerous opportunities.
In terms of realizing the vision of yield-generating stablecoins, the report identifies two prevailing market trends:
- Treasury-backed Stablecoins:
This approach involves utilizing the U.S. Treasury bonds as the underlying assets for stablecoins, effectively introducing traditional financial assets onto the blockchain through tokenization. This methodology preserves the stability and low-risk nature of Treasury bonds while seamlessly integrating the high liquidity and composability inherent to DeFi. Examples include USDY by Ondo Finance and a range of Treasury-backed Vault products from OpenTrade.
- Volatility-driven Yield:
The alternative approach leverages crypto market volatility and MEV to generate low-risk returns. Ethena, along with its native stablecoin USDe, serve as a prime example of this strategy.
Seamlessly integrating DeFi applications with RWAs presents another critical challenge for project teams. On one hand, the inherent stability of RWAs can effectively mitigate risk in DeFi applications. Collateralized Debt Position (CDP) stablecoins, such as Curve’s crvUSD, are increasingly incorporating RWAs as collateral to enhance their stability. On the other hand, the flexibility of DeFi can significantly boost the utilization rate of tokenized RWAs. Pendle’s newly introduced RWA section, boasting a current TVL of $150 million, exemplifies this synergy. Leveraging the composability of DeFi Lego, Pendle’s diverse yield-generating assets can offer highly attractive APYs, incentivizing users to invest in RWA stablecoins.
Emerging DeFi projects still possess significant untapped potential within niche sectors, such as addressing defaults scenarios within the private credit market within RWA domain and effectively leveraging RWA public chains to empower institutional finance. Looking ahead, the report suggests that on-chain forex, cross-border payment stacks, and multi-pool stablecoin aggregation platforms are among the promising development directions in the “New DeFi” era.
About HTX Ventures
HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here.
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