Morocco Managed Security Services Market Research Report: Forecast (2024-2030)
The Morocco Managed Security Services Market size is estimated to grow at a CAGR of around 8.58% during the forecast period, i.e., 2024-30. Morocco’s enduring economic and political vision has spurred the expansion of enterprises in key sectors like IT, Healthcare, Banking, financial services and insurance (BFSI), etc. This is accompanied by the embracement of digital transformation across this sector, which has led to the expansion of digital processes and data storage. Consequently, the Morocco Managed Security Services Market has experienced substantial growth, fueled by the imperative need for effective cybersecurity solutions in the face of advancing digitalization across diverse sectors.
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Market Dynamics
Morocco Managed Security Services Market Driver: Rising Cyber Threats Fuelling Growth in Morocco’s Managed Security Services Market
The ongoing digital transformation of the different sectors such as BFSI, Healthcare, IT & Telecom, etc., owing to government initiatives, increasing private investments, etc., have made these end-user organizations are more susceptible to cyberattacks like phishing, denial-of-service attacks, etc. For instance,
In 2022, the company IKEA confirmed that the servers in the company’s outlet in Morocco were cyberattacked, potentially leaking the customer’s personal and critical information.
Therefore, these end-user organizations are seeking to incorporate cybersecurity solutions such as endpoint security, information security, cloud security, etc., driving the Morocco Managed Security Solution Market.
Leading Companies in Morocco Managed Security Services Market:
IBM, Accenture, NTT Data, AT& T, Atos Group, Orange Cyberdefense, Fujitsu, Dataprotect, Secmentis, Thales Group, Akamai, Others
Segmentation of the Industry
The Morocco Managed Security Services Market is highly fragmented and bifurcates into the following segmentations:
By Service Type
-Managed UTM (Unified Threat Management)
-Managed DDoS (Distributed Denial of Service)
-Managed SIEM (Security Information and Event Management)
-Managed XDR (Extended Detection and Response)
-Managed IAM (Identity and Access Management)
-Others (Managed Encryption Services, Managed Security Consulting, etc.)
By Type
-Fully Managed Security Services
-Co-managed Security Services
By Deployment
-On-Premise
-Cloud
By Security Type
-Network Security
-Cloud Security
-End Point Security
-Application Security
- Network Security has registered noteworthy demand in sectors like banking, government, healthcare, etc., owing to the significant adoption of digital services in these sectors.
By Organization Size
-Small & Medium Enterprises
-Large Enterprises
By Service Provider
-IT Service Providers
-Managed Security Specialist
-Telecom Service Provider
By Vertical
-BFSI
-Healthcare
-Government
-IT & Telecom
-Retail & E-Commerce
-Oil & Gas
-Energy & Utilities
-Others (Education, Hospitality etc.)
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Regional Landscape
On the geographical front, the Morocco Managed Security Services Market expands across the following:
By Region
-North
-Central
-South
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