|Managed and Professional Security Services Market in the Americas, Forecast to 2024|
|The Industry’s Holistic Approach to Cybersecurity Encompasses Threat Intelligence, Research Detection and Remediation, and Compliance Services|
The volume, sophistication, and diversity of cyber threats are an unrelenting problem for companies’ internal information security teams. Outsourcing to manage and secure IT environments has become a cost-effective option for those with outdated or otherwise inadequate cybersecurity practices.
Competition and pricing pressure will intensify over the forecast period, compelling providers to increase their investments in technological innovation and sales and marketing, and to pursue strategic acquisitions. The goal is to offer a superior value proposition that demonstrates a convincing return on investment for clients.