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Revenue generation in the APAC MSS market is likely to be impeded by the global COVID-19 pandemic, it will recover quickly after 2020 at a CAGR of 14.9% (2019-2024); growth will vary with each country in the region.
Managed security services (MSS) offered are categorized into 2 segments: hosted security services (HSS) and CPE-based management monitoring services (MMS).
Though ANZ is a fragmented market with a large number of local security providers competing with international participants in both Australia and New Zealand, it will continue on a steady growth path.
The ASEAN market is expected to maintain its strong growth over the next 5 years. The lack of budget allocated to cybersecurity, specifically to strengthen detection and response capabilities, is one of the reasons why businesses engage MSSPs.
Asia-Pacific Managed Security Services Market Report 2021: Opportunities in Advanced MSS & Growing Demand for Cloud Security globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
Frost & Sullivan Honors Asia-Pacific s Leading Organizations in the 4th Virtual Ceremony for the 2020 Asia-Pacific Best Practices Awards
ourteen companies recognized for their exemplary performance and valuable contributions in shaping new trends across Asia-Pacific
SINGAPORE, Dec. 16, 2020 /PRNewswire/ Frost & Sullivan honored Asia-Pacific s leading companies at the 4th Virtual Awards Ceremony of the year today. A total of 19 awards were presented to organizations for elevating performance benchmarks and for their outstanding achievements in the industry. This annual event is now in its 18
th consecutive year, with 2020 marking the first time the ceremony has been broadcasted virtually.
The awards presented were segmented across five major sectors: