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January 07, 2014

Report: Global Market for Managed Security to Reach $24.1B by 2019

Data is crucially important to any business, which means that making sure it is safe and secure is essential to long-term business vitality. The recent heist of customer credit card data reported by Target—which occurred over 19 days and resulted in the comprised credit card data of 40 million customers—proves that organizations of all sizes are vulnerable to security risks. Forward-thinking business owners understand this, and with that in mind, many are adopting security services from managed service providers in order to ensure data is thoroughly protected.

Recent research indicates that businesses are increasingly turning their security needs over to the hands of professionals who specialize in the space. According to Transparency Market Research, the market for managed security stood at $9.25 billion in 2012. That number is expected to balloon to $24.13 billion by 2019, representing a 15.4 percent compound annual growth rate.

Unless you’re in the business of providing managed security, it’s safe to say that you and your IT staff are most likely not experts in that particular field. For example, a restaurant’s main mission is to provide food, drink and customer service to its patrons. It wouldn’t make much sense for a restaurant’s manager to expend energy concerned over the security of the establishment’s network and data when experts in that field could do so instead.

With that in mind, employing a managed service provider frees up your time, allowing you to rest comfortably with the knowledge that your data and networks will be safe and secure. You’re then able to invest more of your time into mission-critical aspects of your business.

Located in Norwalk, Apex Technology Services prides itself on offering best-in-class managed security services, firmly protecting your data so that you have one less thing to worry about. In today’s fast-paced business world, decision makers need to direct their focus on growing their companies. Obtaining the services of a managed service provider is one way to do that.

Click here to learn more about how you can grow your business by partnering with a managed service provider. 

Edited by Justin Reynolds

Apex Technology Services
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