Thailand managed Security Services Market Analysis and Forecast, 2019-2028

WILMINGTON, Del. - March 29, 2023 - PRLog -- The report includes a market analysis and market trends, historical and future market data. Market share analysis, services offered by top companies, an overview of the competition, future plans and strategy, key users, growth areas, and growth analysis for target players in Thailand managed security service market study.

Market Overview & Dynamics:

The market for managed security services in Thailand is expected to grow at an impressive CAGR of 11.5% over the next five years. Over 48 million people use the internet in Thailand, which means that reliance on digital infrastructure is increasing for a rapidly expanding society and economy. Many managed securities service providers are looking to tap into Thailand's emerging markets to capitalize on these opportunities.

• The increasing use of smartphones and the internet is one of the main factors that has driven the market growth for Thailand Managed Security Services. The country is witnessing rapid urbanization and population growth.
• Thailand's internet penetration in 2017 was 47.4%. It is expected that it will reach 68% by 2023.
• In Thailand, the demand for managed security services is expected to rise due to increasing cyber threats, regulatory compliances, and the adoption of mobile devices and cloud computing.
• Due to the rapid deployment of the pandemic virus, cloud-based collaboration software, and virtual desktop capability, have been factors that led organizations to invest in the public cloud. This has further driven the need for managed security services

Competition Analysis: Regional and local Players Dominate the Market

The competition in Thailand managed security services market is intense, with the presence of several international and regional players.

RationalStat has segmented Thailand managed security services market on the basis of type, organization, end user, distribution channel, and region.

• By Type

o   Security Asset Monitoring and Management (SAMM)

o   Risk and Compliance Management (RCM)

o   Threat Intelligence, Research, Detection, and Remediation (TIRDR)

o   Advanced and Emerging Managed Security Services (AEMSS)

o   Distributed Denial of Service (DDoS)

• By Organization

o   Large Enterprises

o   Small and Medium Enterprises (SMEs)

• By End User

o   BFSI

o   Government

o   Manufacturing

o   Healthcare

o   Technology Media & Entertainment

o   IT-enabled services

o   Utilities

o   Others (Agriculture, Construction, Education, etc.)

• By Distribution Channel

o   Direct Sales

o   Channel Partners

o   Web

• By Region

o   North Thailand

o   Eastern Thailand

o   Central Thailand

o   South Thailand

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