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Abstract

This IDC Market Analysis Perspective (MAP) provides an overview of the worldwide security services market. It reviews trends and best practices for the professional and managed security services segments.

IDC forecasts that in 2025, the worldwide security services market will grow to $88.3 billion. Currently, global security services spending has continued unabated despite the COVID-19 pandemic. Providers have transitioned to hybrid delivery capabilities to answer pandemic needs and customer requirements. Providers have shifted delivery to accommodate onsite (where possible or necessary), virtual, or remote, or a blend of the three.

The outlook for worldwide security services providers is strong, and provider business transformation is rapid. Cloud is a reality and not a "like to have" architecture; it is a fundamental business shift required for the "next normal." Investments in automation to enable quicker detection and response are foundational in the ransomware world.

"The effects of COVID-19 are to be ignored by providers and the enterprise at their peril. In 2022, service providers will highlight risk and resiliency and elevate security maturity and incident readiness assessments to inoculate enterprises against the increasingly nefarious adversary," says Craig Robinson, research director, Worldwide Security Services. "Enterprises are wont to heed service provider strategic advice in this all-important recovery year."


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