PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Need for Regulatory Compliance Revs Up Latin American Managed Security Services Markets Finds Frost & Sullivan - Lack of awareness limits market potential
Need for Regulatory Compliance Revs Up Latin American Managed Security Services Markets Finds Frost & Sullivan


NewswireToday - /newswire/ - São Paulo, Brazil, 2011/05/19 - Lack of awareness limits market potential.

Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


The Latin American managed security services (MSS) markets had obtained high growth rates in 2010, reaching a total of $189.4 million. The most important market drivers include the economic growth of the region, excellent cost-benefit of outsourcing network security, the increasingly complexity of business networks, and sophistication of network attacks. Compliance with local and international regulations has been a driver in the Latin American network security markets. Brazil and Colombia offer the highest growth potentials in the short term.

The market is composed of international and local IT service providers, telecommunication service providers, MSS pure participants and integrators. Although the enterprise segment is extremely participative of this market, a greater presence of the mid-market is expected already in the short term.

New analysis from Frost & Sullivan (, Latin American Managed Security Services Markets, finds that the market earned revenues of over $189.4 million in 2010 and estimates this to reach $455.4 million in 2015.

"While regions such as North America and Eastern Europe are already witnessing a downtrend due to a more stabilized market, Latin America is presenting an extremely dynamic and fast-growing MSS market," says Frost & Sullivan Industry Analyst Fernando Belfort. "Global vendors have noticed this emerging opportunity and are investing on local security operations centers (SOCs), greater services flexibility, and marketing of their service capabilities."

Although the prospects for the market look bright, there are some challenges restraining market progression. The lack of awareness about the current threats and the solutions available in the market are major factors deterring growth. Challenging economic conditions and political instability in many countries in the region are constraining overall IT investments. Above all, the price of MSS remains prohibitive for many potential clients, mostly in the mid-market segment.

Among the vertical markets, the telecommunication and manufacturing sectors have high investments in outsourced MSS, followed by the banking and finance segment. The government vertical is conducting a series of modernization and digital inclusion programs. In Brazil, all levels of government have invested heavily in outsourcing their IT departments.

The retail vertical attained a market share of 10.8 percent in 2010 and is expected to increase its participation in the Latin American MSS markets to 12.2 percent by 2016. A majority of MSS participants consider the retail vertical one of the most strategic as companies in this segment have a greater desire to focus on their 'core business' and are slated for aggressive growth. In addition, compliance to Payment Card Industry Data Security Standard (PCIDSS) has been a major market driver in this business vertical.

"Other vertical markets poised to pick up steam are education, tourism, and healthcare," says Belfort. "These verticals will experience prolific growth over the coming years, especially as they have only been investing to protect their networks over the past few years and have enormous growth potential."

If you are interested in more information on this study, please send an email to Tatiana Brull, at tatiana.brull[.], with your full name, company name, title, telephone number, company email address, company website, city, state and country.

Latin American Managed Security Services Markets is part of the Network Security Growth Partnership Service program, which also includes research in the following markets: Latin American Network Security Markets, Brazilian Endpoint Security Markets: End User Analysis. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Latin American Managed Security Services Markets / N931

Your Banner Ad Here instead - Showing along with ALL Articles covering IT Security/Anti-Spam Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


Written by / Agency / Source: Frost & Sullivan


Availability: All Regions (Including Int'l)


Traffic Booster: [/] Quick Newswire Today Visibility Checker


Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

# # #
IT Security Anti-Spam Computer Security - Purchase keywords tags antivirus software firewall spyware removal virus scan computer security IT Security Anti-Spam malware / Banner Ads!.

  Your Banner Ad showing on ALL
IT Security/Anti-Spam articles,
CATCH Visitors via Your Competitors Announcements!

Need for Regulatory Compliance Revs Up Latin American Managed Security Services Markets Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

Publisher Contact: Tatiana Brull 
+5511-3065-8445 tatiana.brull[.]
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

IT Security/Anti-Spam via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

Read Latest Articles From Frost & Sullivan / Company Profile

Read IT Security/Anti-Spam Most Recent Related Newswires:

Double-digit Growth of European Home Automation Systems Market Fuelled by Connectivity and User-interactive Features Finds Frost & Sullivan
Rambus Delivers High-Speed SerDes Interface Solutions on GLOBALFOUNDRIES FX-14™ ASIC Platform for Data Center and Enterprise
Verint Launches Industry’s Most Modern, Flexible and Open Suite for Enterprise Workforce Optimization
Group Elite and Multiple Customers Switch to Verint as their Global Solution Provider to Enhance Success
Comodo Launches Comodo Dome Firewall 2.0 - A CC EAL 4+ Certified Unified Threat Management Virtual Appliance
Brother to Migrate Mission-critical Applications to AWS and Ensono Cloud
CENTRI Earns Frost & Sullivan’s Entrepreneurial Company of the Year Recognition for its Internet of Things Security Solutions
The Keyholding Company Deploys Verint Situational Intelligence on London’s Bond Street to Enhance Safety and Reduce Crime
Sonus Delivers Secure, Smart and Simple Network Migration for Microsoft Skype for Business
Verint Video Management Solution Enhancements Power Advanced Security and Real- Time Intelligence in Rapidly-Evolving Banking and Retail Markets
IDC FinTech Ranking Names Verint Among Top 25 Enterprise Companies
Comodo to Present on Benefits of Comodo One Platform for MSPs at ASCII IT SMB Success Summit
Verint Named Physical Security Intelligence Solutions Company of the Year
Rambus Announces Industry’s First Functional Silicon of Server DIMM Buffer Chipset Targeted for Next-generation DDR5
Verint Recognized in New Customer Journey Analytics Report by Independent Research Firm

Boost Your Social Network
& Crowdfunding Campaigns

NewswireToday Celebrates 10 Years in Business


Visit  NAKIVO, Inc.

Visit  RightITnow Ltd

  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (