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Japan Managed Security Services Market, Forecast to 2021

  • Report

  • 52 Pages
  • February 2018
  • Region: Japan
  • Frost & Sullivan
  • ID: 4471601

Pressure to Reduce Operational Costs Driving MSS Adoption

The Japanese MSS market grew by a healthy 14.8% on a year-on-year (YoY) basis. It was the largest market in APAC. The MSS market was driven by the increasing complicated and sophisticated cyber threats. Japanese enterprises needed support from security specialists given by MSS providers. This was owing to the limited knowledge of in-house IT engineers or security analysts about the latest cyber threats. Other important drivers included the changing Japanese enterprises’ investment trends. They preferred to invest in services instead of on-premise solutions. This investment trend will continue to drive the Japanese MSS market.

In addition to market growth analysis, the study highlights the driving forces of the managed security services (MSS) market. The shortage of cyber security professionals with strong expertise was the top factor driving enterprises to engage with MSSPs to help them cope with new security challenges. The evolution of advanced threats continued to cause greater operational pressure on companies, driving them to look at MSSPs to reduce the pressure and better security threat management. The introduction and amendment of cyber security laws and regulations are urging companies to focus more on regulatory compliance. The shift from CapEx to OpEx continued to take place across the APAC region, prompting companies to outsource parts of their security practices to focus more on the revenue-generating operations.

Market trends have been analyzed for the period 2015 to 2021, with 2016 as the base year. Hosted security services (HSS) and customer-premises equipment (CPE)-based management and monitoring services are the key service segments in this study. Vertical segmentation includes the government, banking, financial services, and insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, Information Technology (IT)/IT-enabled services (ITeS), eGaming, eCommerce, and business process outsourcing (BPO).

Companies mentioned in the Japanese MSS market’s vendor analysis include NTT, IBM Security, Verizon, NRI secure, LAC, Symantec, Secureworks, NEC, BT, and Singtel Cyber Security.

Key Issues Addressed

  • Is the MSS market growing? How long will it continue to grow, and at what rate?
  • Are the existing competitors structured well to meet customer needs?
  • What were the key services that were adopted the most by customers in the region in 2016?
  • How was the competitive landscape in Japan?
  • Will MSSPs be replaced by the new trends, such as in-sourcing and cloud-based security services?
  • How will the market be shaped in the next 5 years?

Table of Contents

1. Market Overview
  • Market Definitions
  • Key Questions this Study will Answer
  • Market Segmentation
  • Geographical Coverage

2. Forecasts and Trends
  • Japan-Key Findings
  • Japan-Market Engineering Measurements
  • Japan-Revenue Forecast
  • Japan-Percent Revenue Forecast by Segment
  • Japan-Revenue Forecast by Segment
  • Japan-Revenue Forecast Discussion by Segment

3. Market Share and Competitive Analysis
  • Competitive Analysis
  • Competitive Environment

4. Growth Opportunities and Companies to Action
  • Growth Opportunity 1-Growing Need for User Entity and Behavior Analytics (UEBA) Services
  • Growth Opportunity 2-Data Product-as-a-Service: The Rise of Threat Intelligence Services
  • Growth Opportunity 3-Moving Toward a Predictive Model for MSS
  • Growth Opportunity 4-Securing the OT Environment Beyond IT
  • Growth Opportunity 5-Advisory-led MSS to Align Cyber Security with Business Requirements
  • 5 Major Growth Opportunities
  • Strategic Imperatives for Success and Growth

5. Managed Security Services-Vendor Analysis
  • Availability and Completeness of MSS Offerings
  • Country/Region Legend for SOCs
  • NTT-Overview
  • IBM Security-Overview
  • Verizon-Overview
  • NRI Secure-Overview
  • LAC-Overview
  • Symantec-Overview
  • BT-Overview
  • Singtel Cyber Security (Powered by Trustwave)-Overview

6. Other Notable Managed Security Service Providers
  • Secureworks-Overview
  • NEC-Overview
  • List of Security Services and Vendor Partnerships
  • List of MSSP Pricing Models in APAC

7. The Last Word
  • The Last Word-Predictions
  • Legal Disclaimer

8. Appendix
  • List of Exhibits
  • Market Engineering Methodology

Companies Mentioned

A selection of companies mentioned in this report includes:

  • BT
  • IBM Security
  • LAC
  • NRI Secure
  • NTT
  • Singtel Cyber Security (Powered by Trustwave)
  • Symantec
  • Verizon