Morocco Managed Security Services Market Growth, Size, Trends, Demand and Future Competition
Morocco Managed Security Services Market Size- By Service Type, By Deployment Mode, By Organization Size, By Service Provider, By Industry Vertical- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jan-2024 | Report ID: IACT2415 | Pages: 1 - 109 | Formats*: |
| Category : Information & Communications Technology | |||
Morocco Managed Security Services Market Introduction and Overview
According to SPER Market Research, the Morocco Managed Security Services Market is estimated to reach USD XX billion by 2033 with a CAGR of 8.9%.
The report includes an in-depth analysis of the Morocco Managed Security Services Market, including market size and trends, product mix, applications, and supplier analysis. Cybersecurity services for individual devices and entire networks, whether public or private, are known as managed security services. These services, which usually operate on a consumption-based paradigm and incorporate security features like firewalls and real-time intrusion detection and analysis, are run by outside providers.
- 2022: IKEA acknowledged in 2022 that there had been a cyberattack on the systems in its Moroccan store, which may have exposed sensitive and private customer data.
- 2023: IBM and Amazon Web Services (AWS) have partnered to provide a wide range of IBM software catalogue as Software-as-a-Service (SAAS) on AWS. Through this partnership, customers would have rapid and simple access to IBM software that covers automation, data and artificial intelligence, security, and sustainability features.
Market Opportunities and Challenges
Morocco Managed Security Services Market Opportunity:
Data Centre Expansion to Increase the Need for Managed Security Services: The country has seen a significant increase in the construction of data centres in recent years due to the rising demand for digital services and improved technical infrastructure, as well as rising foreign investments in a number of industries, including telecommunications and technology. As per UNCTAD, foreign direct investments in the nation in millions that resulted in the growth of the market. Large volumes of data were produced as a result of these investments, which made it easier for many industries and businesses to establish themselves in Morocco, including Dalrada Technologies and Workhy. Thus, the construction of data centres in Morocco is continuously increasing in order to store vast volumes of data as well as process and analyse data at scale. Growing cloud-based service adoption, particularly by small and medium-sized businesses, an increase in the use of advanced technologies like artificial intelligence, and an increase in security breaches and intellectual property thefts are also the factors contributing to the market opportunities for managed security services worldwide.
Morocco Managed Security Services Market Challenge:
The High Expense of Managed Security Services Prevents Small-Scale Organisations from Adopting them: Because managed security service providers like Accenture, IBM Corporation, and others deliver solutions built on cutting-edge technologies and tools to effectively defend against sophisticated threats, these security services come at a comparatively higher cost. The average cost of managed security services for organisations in 2020 ranges from USD 1.6 million to around USD 3.2 million per year, depending on the size of the organisation, according to the independent research and education organisation Ponemon Institute. Consequently, the Moroccan Managed Security Market suffers as a result of small businesses in the nation depending more on conventional internal security measures than on managed security services.
Market Competitive Landscape
Morocco's Managed Security Services market is characterised by a dynamic competitive landscape. The major key players in the Morocco Managed Security Services Market are: AT&T, ATOS Group, Dataprotect, Fujitsu, IBM, NTT Data, Orange Cyberdefense, Secmentis, Thales Group, Others. The market is driven by growing cybersecurity concerns among businesses in the region's diverse industries, and it thrives on innovation, strategic alliances, and customised solutions.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Service Type, By Deployment Mode, By Organization Size, By Service Provider, By Industry Vertical |
| Regions covered | China, India, Indonesia, Japan and rest of Asia Pacific |
| Companies Covered | AT&T, ATOS Group, Dataprotect, Fujitsu, IBM, NTT Data, Orange Cyberdefense, Secmentis, Thales Group, Others |
COVID-19 Impact on Morocco Managed Security Services Market
The COVID-19 epidemic has increased Morocco's need for managed security services (MSS) as a result of firms quickly implementing remote work policies that expose vulnerabilities. Growing cybersecurity risks led to more money being invested in MSS to protect private information. MSS providers experienced a spike in demand as a result of organisations looking for cutting-edge solutions to handle changing cyber hazards. Initiatives for digital transformation were hastened by the epidemic, underscoring the significance of strong cybersecurity. Moroccan MSS suppliers modified their products to better suit the evolving demands, placing a strong emphasis on threat detection and remote monitoring. All things considered, COVID-19 highlighted the vital part MSS plays in guaranteeing enterprises' resilience in the face of enormous challenges.
Key Target Audience:
- Cybersecurity Professionals
- E-commerce and Retail Businesses
- Educational Institutions
- Enterprises and Businesses
- Financial Institutions
- Government Organizations
- Healthcare Providers
- IT and Telecom Companies
- Legal and Compliance Professionals
- Managed Service Providers (MSPs)
- Others
Our in-depth analysis of the Morocco Managed Security Services Market includes the following segments:
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| By Deployment Mode: |
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| By Industry Vertical: |
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Key Topics Covered in the Report:
- Morocco Managed Security Services Market Size (FY’2023-FY’2033)
- Overview of Morocco Managed Security Services Market
- Segmentation of Morocco Managed Security Services Market By Service Type [Managed DDoS (Distributed Denial of Service, Managed IAM (Identity and Access Management), Managed SIEM (Security Information and Event Management), Managed UTM (Unified Threat Management), Managed XDR (Extended Detection and Response), Others]
- Segmentation of Morocco Managed Security Services Market By Deployment Mode (Cloud, On-Premise)
- Segmentation of Morocco Managed Security Services Market By Organization Size (Small & Medium Enterprises, Large Enterprises)
- Segmentation of Morocco Managed Security Services Market By Service Provider (IT Service Providers, Managed Security Specialist, Telecom Service Provider)
- Segmentation of Morocco Managed Security Services Market By Industry Vertical (BFSI, Energy & Utilities, Government, Healthcare, IT & Telecom, Oil & Gas, Retail & E-Commerce, Others)
- Statistical Snap of Morocco Managed Security Services Market
- Expansion Analysis of Morocco Managed Security Services Market
- Problems and Obstacles in Morocco Managed Security Services Market
- Competitive Landscape in the Morocco Managed Security Services Market
- Impact of COVID-19 and Demonetization on Morocco Managed Security Services Market
- Details on Current Investment in Morocco Managed Security Services Market
- Competitive Analysis of Morocco Managed Security Services Market
- Prominent Players in the Morocco Managed Security Services Market
- SWOT Analysis of Morocco Managed Security Services Market
- Morocco Managed Security Services Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Morocco Managed Security Services Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Morocco Managed Security Services Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Morocco Managed Security Services Market
7. Morocco Managed Security Services Market, By Service Type (USD Million)
7.1. Morocco Managed Security Services Market Value Share and Forecast, By Service Type, 2023-20337.2. Managed DDoS (Distributed Denial of Service7.3. Managed IAM (Identity and Access Management)7.4. Managed SIEM (Security Information and Event Management)7.5. Managed UTM (Unified Threat Management)7.6. Managed XDR (Extended Detection and Response)7.7. Others
8. Morocco Managed Security Services Market, By Deployment Mode (USD Million)
8.1. Morocco Managed Security Services Market Value Share and Forecast, By Deployment Mode, 2023-20338.2. Cloud8.3. On-Premise
9. Morocco Managed Security Services Market, By Organization Size (USD Million)
9.1. Morocco Managed Security Services Market Value Share and Forecast, By Organization Size, 2023-20339.2. Small & Medium Enterprises9.3. Large Enterprises
10. Morocco Managed Security Services Market, By Service Provider (USD Million)
10.1. Morocco Managed Security Services Market Value Share and Forecast, By Service Provider, 2023-203310.2. IT Service Providers10.3. Managed Security Specialist10.4. Telecom Service Provider
11. Morocco Managed Security Services Market, By Industry Vertical (USD Million)
11.1. Morocco Managed Security Services Market Value Share and Forecast, By Industry Vertical, 2023-203311.2. BFSI11.3. Energy & Utilities11.4. Government11.5. Healthcare11.6. IT & Telecom11.7. Oil & Gas
11.8. Retail & E-Commerce11.9. Others
12. Morocco Managed Security Services Market Forecast, 2019-2033 (USD Million)
12.1. Morocco Managed Security Services Market Size and Market Share
13. Morocco Managed Security Services Market, By Service Type, 2019-2033 (USD Million)
13.1. Morocco Managed Security Services Market Size and Market Share By Service Type (2019-2026)13.2. Morocco Managed Security Services Market Size and Market Share By Service Type (2027-2033)
14. Morocco Managed Security Services Market, By Deployment Mode, 2019-2033 (USD Million)
14.1. Morocco Managed Security Services Market Size and Market Share By Deployment Mode (2019-2026)14.2. Morocco Managed Security Services Market Size and Market Share By Deployment Mode (2027-2033)
15. Morocco Managed Security Services Market, By Organization Size, 2019-2033 (USD Million)
15.1. Morocco Managed Security Services Market Size and Market Share By Organization Size (2019-2026)15.2. Morocco Managed Security Services Market Size and Market Share By Organization Size (2027-2033)
16. Morocco Managed Security Services Market, By Service Provider, 2019-2033 (USD Million)
16.1. Morocco Managed Security Services Market Size and Market Share By Service Provider (2019-2026)16.2. Morocco Managed Security Services Market Size and Market Share By Service Provider (2027-2033)
17. Morocco Managed Security Services Market, By Industry Vertical, 2019-2033 (USD Million)
17.1. Morocco Managed Security Services Market Size and Market Share By Industry Vertical (2019-2026)17.2. Morocco Managed Security Services Market Size and Market Share By Industry Vertical (2027-2033)
18. Morocco Managed Security Services Market, By Region, 2019-2033 (USD Million)
18.1. Morocco Managed Security Services Market Size and Market Share By Region (2019-2026)18.2. Morocco Managed Security Services Market Size and Market Share By Region (2027-2033)18.3. Central Region18.4. North Region18.5. South Region
19. Company Profile
19.1. AT&T19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. ATOS Group19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. Dataprotect19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Fujitsu19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. IBM Corporation19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. NTT Data19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. Orange Cyberdefense19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Secmentis19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Thales Group19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
"The key players in the market include Companies Covered AT&T, ATOS Group, Dataprotect, Fujitsu, IBM, NTT Data, Orange Cyberdefense, Secmentis, Thales Group, Others"
As per UNCTAD, foreign direct investments in the nation in millions that resulted in the growth of the market. Large volumes of data were produced as a result of these investments, which made it easier for many industries and businesses to establish themselves in Morocco
Morocco Managed Security Services Market is projected to reach USD XX billion by 2033, growing at a CAGR of 8.9% during the forecast period.
Morocco Managed Security Services Market size from 2022. The Market is expected to reach USD XX billion by 2033, at a CAGR of 8.9% during the forecast period.
Morocco Managed Security Services Market CAGR of 8.9% during the forecast period.
You can get the sample pages by clicking the link - Click Here
Morocco Managed Security Services Market size is XX billion from 2023 to 2033.
Morocco Managed Security Services Market Segment is covered By Service Type, By Deployment Mode, By Organization Size, By Service Provider, By Industry Vertical.
The Africa is anticipated to have the highest market share in the Morocco Managed Security Services Market.
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