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Frost & Sullivan: Mature Security Mindset in Australia and New Zealand Drives Demand for Advanced Managed Security Services

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Frost & Sullivan: Mature Security MindsetFrost & Sullivan: Mature Security Mindset in Australia and New Zealand Drives Demand for Advanced Managed Security Services PR Newswire SYDNEY, Dec. 16, 2013 - Organizations are including professional security services as an add-on to their existing security setup The rising sophistication of the threat landscape is forcing enterprises to tap into the security expertise offered by professional service providers, thus driving the managed security services (MSS) market in Australia and New Zealand (ANZ). Even enterprises with an established in-house security setup are employing security services to complement their existing capabilities and enhance their overall security posture. New analysis from Frost & Sullivan (http://www.networksecurity.frost.com), Analysis of Asia-Pacific Managed Security Services (MSS) Market 2012, finds that the market in ANZ earned revenues of $591.6 million in 2012 and estimated this to reach $1,609.4 million in 2019. "The growing recognition among most small and medium businesses (SMBs) about the complexities of the threat environment, coupled with their lack of security expertise and resource constraints, means that the value proposition associated with MSS resonates strongly with them," said Frost & Sullivan Information and Communication Technologies Industry Manager Cathy Huang.

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Published 16 December 2013
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Language English

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Frost & Sullivan: Mature Security Mindset in Australia and New Zealand Drives Demand for Advanced Managed Security Services

PR Newswire

- Organizations are including professional security services as an add-on to their existing security setup

The rising sophistication of the threat landscape is forcing enterprises to tap into the security expertise offered by professional service providers, thus driving the managed security services (MSS) market in Australia and New Zealand (ANZ). Even enterprises with an established in-house security setup are employing security services to complement their existing capabilities and enhance their overall security posture.