Frost Radar™: What Are the Major Companies Transforming Managed Security Services in the Americas?
A benchmarking system to spark companies to action - innovation that fuels new deal flow and growth pipelines
Managed security services (MSS) are strategically significant in the complex threat landscape shaped by hybrid work, multicloud and SaaS adoption, identity sprawl, operational technology (OT) digitization, skills shortages, ransomware, nation-state activity, regulatory pressure, and increasingly AI-enabled threats. In the Americas, MSS providers of outsourced and co-managed security operations have to cater to organizations with wildly different needs, use cases, security maturity levels, sizes, and sophistication. In North America (the region’s dominant revenue base), traditional outsourcing is evolving to advanced, platform-focused, outcome-driven MSS centered on AI-powered managed detection and response (MDR), managed secure access service edge, cloud and identity security, automation, and measurable improvements in detection, response, and operational efficiency. The Latin American market, while much smaller in absolute terms, offers significant expansion potential because of lower market penetration, accelerating digital transformation, limited in-house cyber capacity, and growing exposure to cyber risk.
- Why will growth and success depend on scalable delivery, partner ecosystems, indirect channels, and cost-efficient service packaging?
- How is competition intensifying in the region and influencing future growth potential?
- Which growth avenues exist for MSS providers who compete not only with one another but also with MDR specialists, cloud-native security providers, and broad platform vendors?