Romania Managed Security Services Market to Cross $160 Million by 2022
Growing cyber security threats, increasing number
of SMEs coupled with growing focus towards security to drive Romania managed
security services market through 2022
According to TechSci Research report, “Romania Managed Security Services Market By
Deployment Mode, By End User, By Application, Competition Forecast and
Opportunities, 2012 - 2022”, managed security services (MSS) market in
Romania is projected to cross $ 160 million by 2022, on account
of growing concerns pertaining to compromised IP addresses in BFSI, IT & telecom,
retail and government sectors. Rising demand for managed security services from
various sectors across the country can be attributed to increasing need to
adopt various cyber security measures to safeguard sensitive data. Moreover, implementation
of government initiatives to create a solid framework to monitor and
prevent cyberattacks coupled with growing need to support large individual
players in utilizing managed security services to safeguard their IT
infrastructure is projected to propel growth in Romania managed security
services market during the forecast period.
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spread through 111 Pages and an in-depth TOC on "Romania Managed Security Services Market"
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With increasing trend of online shopping and
growing number of internet users, cybersecurity is emerging as a key concern
for various end user industries as well as government organizations. Internet user base in
Romania increased from about 9.15 million in 2012 to 11.23 million in 2016.
Total number of smartphone users in the country increased from 6.27 million in
2014 to 7.93 million in 2016. Growing BYOD concept and rising need to safeguard
critical data is driving Romania MSS market. In order to combat threats from cyberattacks, government has taken initiatives
to create a vigilant monitoring system to counter these attacks and this is
anticipated to boost growth in Romania managed security services market over
the course of next five years.
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“In Romania, over 40% of the country’s GDP emanates from the
IT sector. However, IT and telecom sector is extremely vulnerable to
cyberattacks, owing to poor government security infrastructure and policies for
the protection public and private organizations. Growing need for cybersecurity to secure confidential data is
anticipated to boost need for upgradation of existing cybersecurity infrastructure
and deploy advanced managed security services in Romania. This is anticipated
to propel growth in the country’s managed security services market through 2022.”,
said Mr. Karan Chechi, Research Director with TechSci Research, a research
based global management consulting firm.
“Romania Managed Security
Services Market, By Deployment Mode, By End User, By Application, Competition
Forecast and Opportunities, 2012 - 2022”
has evaluated the future growth potential managed
security services (MSS) in Romania and provides statistics and information on
market structure, size, share and future growth along with information on the
key players. The report is intended to provide cutting-edge market intelligence
and help decision makers to take sound investment evaluation. Besides, the report
also identifies and analyzes emerging trends along with essential drivers,
challenges and opportunities present in Romania managed security services (MSS)
market.
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