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The Thailand Managed Security Services Market stood at USD 233.36 million in 2020 and is forecast to grow at a CAGR of over 9.02% until 2026. Growth in the managed security services market is driven by the rapid increase in the need for managed detection and response capabilities which is driving the managed security systems in Thailand. Integration of technologies such as Artificial Intelligence (AI) and Machine Learning (ML) in security events is expected to act as a catalyst for the growth of managed security services market in Thailand. Speak directly to the analyst to clarify any post sales queries you may have.
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Based on deployment mode, the market can be bifurcated into on-premise and cloud. The cloud segment dominated the Thailand Managed Security Services Market in 2020 with a share of 57.08% because majority of data and information are being stored in cloud nowadays due to requirement of advanced cloud security. Therefore, organizations are outsourcing the tedious but sensitive workload of cybersecurity to dedicated and expert organizations via cloud deployment.
Based on the end-user industry, the market can be segmented into BFSI, IT & Telecommunication, Energy & Utilities, Healthcare, Manufacturing, Government & Defense, and Others. BFSI segment dominates the Thailand Managed Security Services Market primarily due to the critical and sensitive nature of data & information stored and operated in the BFSI sector. Moreover, to safeguard its crucial assets, the banking and financial industry needs a robust security system that is backed by continuous monitoring.
On the basis of region, Bangkok held the largest share in the Thailand Managed Security Services Market in 2020 with a share of 32.52% owing to increasing investment in the technology sector and increased investment in infrastructure projects. The region is expected to maintain the market dominance during the forecast period owing to the presence of major players and large urban population in the region.
Some of the major players in the Thailand Managed Security Services Market are Seagate Technology (Thailand) Ltd., Vicon Industries, Inc., BCDVideo, Dahua Technology (Thailand) Co., Ltd., Teledyne FLIR LLC, IDIS. Ltd., HID Global Corporation, Fujitsu (Thailand) Co.,LTD, etc. These companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Years considered for this report:
- Historical Years: 2016-2019
- Base Year: 2020
- Estimated Year: 2021E
- Forecast Period: 2022-2026F
Objective of the Study:
- To analyze the historical growth in the market size of the Thailand Managed Security Services Market from 2016 to 2020.
- To estimate and forecast the market size of the Thailand Managed Security Services Market from 2021 to 2026 and growth rate until 2026.
- To classify and forecast the Thailand Managed Security Services Market based on security type, deployment mode, organization size, end-user industry, company and regional distribution.
- To identify the dominant region or segment in the Thailand Managed Security Services Market.
- To identify drivers and challenges for the Thailand Managed Security Services Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in the Thailand Managed Security Services Market.
- To identify and analyze the profile of leading players operating in the Thailand Managed Security Services Market.
- To identify key sustainable strategies adopted by market players in the Thailand Managed Security Services Market.
The publisher performed both primary as well as exhaustive secondary research for this study. Initially, the publisher sourced a list of service providers across the globe. Subsequently, the publisher conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, the publisher was able to include the service providers which could not be identified due to the limitations of secondary research. The publisher analyzed the service providers, distribution channels and presence of all major players across the globe.
The publisher calculated the market size of the Thailand Managed Security Services Market by using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. The publisher sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied.
Key Target Audience:
- Managed security service providers, vendors and other stakeholders
- Organizations, forums and alliances related to Managed Security Services
- Government bodies such as regulating authorities and policy makers.
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers, end-users, etc., besides allowing them in strategizing investments and capitalizing on the market opportunities.
Report Scope:
In this report, the Thailand Managed Security Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Thailand Managed Security Services Market, By Security Type:
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Others
Thailand Managed Security Services Market, By Deployment Mode:
- On-Premise
- Cloud
Thailand Managed Security Services Market, By Organization Size:
- Large Enterprises
- SMEs
Thailand Managed Security Services Market, By End-User Industry:
- BFSI
- IT & Telecommunication
- Energy & Utilities
- Healthcare
- Manufacturing
- Defense
- Others
Thailand Managed Security Services Market, By Region:
- Bangkok
- Eastern
- Northeastern
- Southern
- Northern
- Rest of the Thailand
Competitive Landscape:
Company Profiles: Detailed analysis of the major companies present in the Thailand Managed Security Services Market.
Available Customizations:
With the given market data, the publisher offers customizations according to a company’s specific needs.
Table of Contents
1. Product Overview2. Research Methodology
3. Impact of COVID-19 on Thailand Managed Security Services Market
4. Executive Summary
5. Voice of Customer
5.1. Factors Considered While Purchasing a Service
5.2. Factors Driving Adoption of Managed Security Services
5.3. Customer Satisfaction
5.4. Challenges Faced in Managed Security Services
5.5. Factors Deterring Adoption Rate of Managed Security Service
6. Thailand Managed Security Services Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.2. Market Share & Forecast
6.2.1. By Security Type (Network Security, Endpoint Security, Application Security, Cloud Security, Others)
6.2.2. By Deployment Mode (On-Premise v/s Cloud)
6.2.3. By Organization Size (Large Enterprises v/s SMEs)
6.2.4. By End User Industry (BFSI, IT & Telecommunication, Energy & Utilities, Healthcare, Manufacturing, Defense, Others)
6.2.5. By Region
6.2.6. By Company (2020)
6.3. Product Market Map
7. Thailand Network Security Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.2. Market Share & Forecast
7.2.1. By Type
7.2.2. By Deployment Mode
7.2.3. By Organization Size
7.2.4. By End User Industry
8. Thailand Endpoint Security Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Type
8.2.2. By Deployment Mode
8.2.3. By Organization Size
8.2.4. By End User Industry
9. Thailand Application Security Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value
9.2. Market Share & Forecast
9.2.1. By Type
9.2.2. By Deployment Mode
9.2.3. By Organization Size
9.2.4. By End User Industry
10. Thailand Cloud Security Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value
10.2. Market Share & Forecast
10.2.1. By Type
10.2.2. By Deployment Mode
10.2.3. By Organization Size
10.2.4. By End User Industry
11. Market Dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends & Developments
13. Policy & Regulatory Landscape
14. Thailand Economic Profile
15. Competitive Landscape
15.1. Seagate Technology (Thailand) Ltd.
15.2. Vicon Industries, Inc.
15.3. Burgees Computer Decisions, Inc. (BCDVideo)
15.4. Dahua Technology (Thailand) Co., Ltd.
15.5. Teledyne FLIR LLC
15.6. IDIS. Ltd.
15.7. HID Global Corporation
15.8. Fujitsu (Thailand) Co. Ltd.
15.9. Hangzhou Hikvision Digital Technology Co., Ltd.
15.10. I-secure co. Ltd.
15.11. Datapro Computer Systems Co. Ltd.
15.12. CAT Cyfence
16. Strategic Recommendations
17. About the Publisher & DisclaimerList of Figures
Figure 1: Thailand Managed Security Services Market Size, By Value (USD Million), 2016-2026F
Figure 2: Thailand Managed Security Services Market Share, By Security Type, By Value, 2016-2026F
Figure 3: Thailand Managed Security Services Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 4: Thailand Managed Security Services Market Share, By Organization Size, By Value, 2016-2026F
Figure 5: Thailand Managed Security Services Market Share, By End User Industry, By Value, 2016-2026F
Figure 6: Thailand Managed Security Services Market Share, By Region, By Value, 2016-2026F
Figure 7: Thailand Managed Security Services Market Share, By Company, By Value, 2016-2026F
Figure 8: Thailand Managed Security Services Market Map, By Security Type, Market Size (USD Million) & Growth Rate (%)
Figure 9: Thailand Managed Security Services Market Map, By Deployment Mode, Market Size (USD Million) & Growth Rate (%)
Figure 10: Thailand Managed Security Services Market Map, By Organization Type, Market Size (USD Million) & Growth Rate (%)
Figure 11: Thailand Managed Security Services Market Map, By End User Industry, Market Size (USD Million) & Growth Rate (%)
Figure 12: Thailand Managed Security Services Market Map, By Region, Market Size (USD Million) & Growth Rate (%)
Figure 13: Thailand Network Security Market Size, By Value (USD Million), 2016-2026F
Figure 14: Thailand Network Security Market Share, By Type, By Value (USD Million), 2016-2026F
Figure 15: Thailand Network Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 16: Thailand Network Security Market Share, By Organization Size, By Value, 2016-2026F
Figure 17: Thailand Network Security Market Share, By End User Industry, By Value, 2016-2026F
Figure 18: Thailand Endpoint Security Market Size, By Value (USD Million), 2016-2026F
Figure 19: Thailand Endpoint Security Market Share, By Type, By Value, 2016-2026F
Figure 20: Thailand Endpoint Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 21: Thailand Endpoint Security Market Share, By Organization Size, By Value, 2016-2026F
Figure 22: Thailand Endpoint Security Market Share, By End User Industry, By Value, 2016-2026F
Figure 23: Thailand Application Security Market Size, By Value (USD Million), 2016-2026F
Figure 24: Thailand Application Security Market Share, By Type, By Value, 2016-2026F
Figure 25: Thailand Application Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 26: Thailand Application Security Market Share, By Organization Size, By Value, 2016-2026F
Figure 27: Thailand Application Security Market Share, By End User Industry, By Value, 2016-2026F
Figure 28: Thailand Cloud Security Market Size, By Value (USD Million), 2016-2026F
Figure 29: Thailand Cloud Security Market Share, By Type, By Value, 2016-2026F
Figure 30: Thailand Cloud Security Market Share, By Deployment Mode, By Value, 2016-2026F
Figure 31: Thailand Cloud Security Market Share, By Organization Size, By Value, 2016-2026F
Figure 32: Thailand Cloud Security Market Share, By End User Industry, By Value, 2016-2026F
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Seagate Technology (Thailand) Ltd
- Vicon Industries, Inc
- Burgees Computer Decisions, Inc (BCDVideo)
- Dahua Technology (Thailand) Co, Ltd
- Teledyne FLIR LLC
- IDIS Ltd
- HID Global Corporation
- Fujitsu (Thailand) Co Ltd
- Hangzhou Hikvision Digital Technology Co, Ltd
- I-secure co Ltd
- Datapro Computer Systems Co Ltd
- CAT Cyfence
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 99 |
| Published | July 2021 |
| Forecast Period | 2016 - 2026 |
| Estimated Market Value ( USD | $ 162.88 Million |
| Forecasted Market Value ( USD | $ 394.84 Million |
| Compound Annual Growth Rate | 9.2% |
| Regions Covered | Thailand |
