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European Customer Premise Equipment (CPE) Managed Security Services Market Takes Off Fuelled by Telcos, System Integrators and Specialist Providers

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European Customer Premise Equipment (CPE) Managed Security Services Market Takes Off Fuelled by Telcos, System Integrators and Specialist Providers

Mumbai, Maharashtra, India

The European customer premise equipment (CPE) managed security services (MSS) market is in the growth stage and holds enormous potential for the next few years. The presence of strong competitors committed to the MSS model, including European and global telecoms and network services companies, European and global system integrators (SIs) and pure-play MSS participants, will help drive its acceptance in Europe over the long term.

Frost & Sullivan (http://www.internetsecurity.frost.com) finds that the European Customer Premise Equipment (CPE) Managed Security Services Market earned revenues of $576.3 million in 2006 and estimates this to reach $2,180 million in 2013.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of The European Customer Premise Equipment (CPE) Managed Security Services Market, send an e-mail to Ravinder Kaur, Corporate Communications, at ravinder.kaur@frost.com with your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information through email upon receipt of the above information.

"The cumulative effect of complex new laws and the lack of qualified and experienced security personnel is that companies are being forced to seriously consider outsourcing the security of their network infrastructure as an economical, reliable and round-the-clock alternative to a small internal security team," says Frost & Sullivan Industry Manager Jose Lopez. "This growing appeal of the MSSP model in Europe is being led by specialist providers such as Cybertrust, telcos such as Orange and BT and systems integrators such as IBM and Getronics."

Despite its considerable growth potential, the European market suffers from lack of homogeneity. For instance, the market in regions such as eastern Europe are at an embryonic stage while the maturity level in countries such as the United Kingdom is high.

"As end users become more comfortable with the MSS model, growth in different industries and among businesses of all sizes is likely to accelerate even as large businesses and governments continue to remain the key target markets for MSSPs," observes Mr. Lopez. "However, given the abundance of small and medium businesses (SMBs) across Europe, MSSPs are also expected to increasingly offer specific solutions for businesses of this type, thereby positively influencing market expansion in the region."

Despite these positive projections, challenges persist. The MSSP model remains relatively new to the marketplace and has been subject to the scrutiny and scepticism typical in an industry still in the early stage of its product lifecycle. Due to the extremely sensitive nature of clients' networks, the MSSP model continues to encounter even more scepticism than most new industries would at a similar stage in the lifecycle.

"Also, regardless of the reputation for excellence MSSPs earn through their client partnerships, it is possible that in the long term, many large and small businesses are likely to remain uneasy about relying on an external third party to secure their networks," cautions Mr. Lopez. "Of paramount importance to the future of the industry as a whole will be the ability of MSS providers to establish and maintain the trust of existing and potential clients."

The European Customer Premise Equipment (CPE) Managed Security Services Market is part of the Network Security Technologies Subscription, which also includes research in the following markets: Intrusion Detection and Prevention Markets, SSL VPN markets, Content Filtering Markets; Wireless Intrusion Prevention Market and In the Cloud Managed Security Services Market. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.

The European Customer Premise Equipment (CPE) Managed Security Services Market
BA11- 74

Ravinder Kaur, Corporate Communications - India, Frost & Sullivan, +91 (044) 4204 4515 ravinder.kaur@frost.com

Srividhya Parthasarathy, Corporate Communications - Europe, Frost & Sullivan, +91 (044) 4204 4668 sparthasarathy@frost.com

Source: Frost & Sullivan (Business Wire India)

Press release presented here is sourced from the Source mentioned above and is provided on as-is basis. Please contact the Company / Source directly for any further information in regard to this release. This website will be unable to assist you in regard to the accuracy or correctness of information in this release.

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