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European Telcos, Global System Integrators and Specialist Providers Fuel Growth in the European CPE Managed Security Services Market - New analysis from Frost & Sullivan, European Customer Premise Equipment (CPE) Managed Security Services Market, finds that the market earned revenues of $707.8 million in 2007 and estimates this to reach $1,770 million in 2014
European Telcos, Global System Integrators and Specialist Providers Fuel Growth in the European CPE Managed Security Services Market

 

PRZOOM - /newswire/ - London, United Kingdom, 2008/02/04 - New analysis from Frost & Sullivan, European Customer Premise Equipment (CPE) Managed Security Services Market, finds that the market earned revenues of $707.8 million in 2007 and estimates this to reach $1,770 million in 2014.

   
 
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The customer premise equipment (CPE) managed security services (MSS) market is in its growth stage and holds enormous potential over the next few years. European and global telecoms and network services companies, European and global system integrators (SIs) as well as pure play MSS competitors are set to spur market take-off.

New analysis from Frost & Sullivan (networksecurity.frost.com), European Customer Premise Equipment (CPE) Managed Security Services Market, finds that the market earned revenues of $707.8 million in 2007 and estimates this to reach $1,770 million in 2014.

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the investment analysis and growth opportunities in the European Customer Premise Equipment (CPE) Managed Security Services Market, then send an e-mail to Joanna Lewandowska, Corporate Communications, at joanna.lewandowska[.]frost.com, with your full name, company name, title, telephone number, fax number, and email address. Upon receipt of the above information, an overview will be sent to you by email.

"The cumulative effect of complex new laws and the lack of qualified and experienced security personnel is that companies are 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," observes Frost & Sullivan Programme Manager Jose Lopez. "This growing appeal of the MSSP model in Europe is led by telcos such as BT, Orange, KPN and Verizon as well as global system integrators such as IBM and specialist European providers such as Integralis and Vistorm. The presence of strong competitors in the region, committed to the MSS model will drive its acceptance in Europe over the long-term."

Strong growth projections notwithstanding, the European market is far from being homogeneous. Regions such as the entire Eastern Europe are still in their infancy. However, the maturity level in countries such as the United Kingdom is similar to that in the United States.

As end users become more comfortable with the MSS model, growth in different industries and among businesses of all sizes is likely to accelerate. Large businesses and governments will continue to remain the key target markets for MSSPs. However, given the abundance of SMBs across Europe, MSSPs will increasingly offer specific solutions for businesses of this type. This will positively influence the growth of this market in the region.

Despite this promising scenario, challenges remain. Industry leading providers estimate that well over half of large multinational corporations have chosen to keep their network management in house. Therefore, the primary competitors are not the MSSPs themselves, but rather the enterprises that choose to rely on their existing internal IT administrators to manage their networks.

"Rather than stubbornly adhering to the early industry paradigm of choosing between the total outsourcing of an enterprise's network, or keeping it altogether in house, MSSPs are increasingly positioning themselves as partners to existing network managers within the enterprise." highlights Lopez. "As partners, MSSPs are able to not only provide complementary services and analysis, but provide cost efficiencies, 24/7 network coverage, and decrease network bandwidth that is wasted through inappropriate usage."

The European Customer Premise Equipment (CPE) Managed Security Services Market is part of the Network Security Growth Services Partnership Programme, which also includes research in the following markets: Intrusion Detection and Prevention Markets, SSL VPN markets, Content Filtering Markets; Wireless Intrusion Prevention Market and Hosted 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.

About Frost & Sullivan
Frost & Sullivan, the Global Growth Consulting Company, partners with clients to accelerate their growth. The company's Growth Partnership Services, Growth Consulting and Career Best Practices empower clients to create a growth focused culture that generates, evaluates and implements effective growth strategies. Frost & Sullivan employs over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 30 offices on six continents.

 
 
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European Telcos, Global System Integrators and Specialist Providers Fuel Growth in the European CPE Managed Security Services Market

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