MSSP Alert: Top 200 MSSPs 2019 – Research Highlights
The MSSP Alert readership survey revealed several major trends in the managed security services provider market. Chief among them:
The Top 5 business drivers for managed security services are talent shortages; regulatory compliance needs; the availability of cloud services; ransomware attacks; and SMB customers demanding security guidance from partners.
69% of MSSPs now run full-blown security operations centers (SOCs) or cyber defense centers (CDCs) in-house, with 19% leveraging hybrid models, 8% completely outsourcing SOC services and 4% still formulating strategies.
The Top 10 cybersecurity vendors assisting MSSPs, in order of reader preference, are Fortinet, AT&T Cybersecurity, Cisco Systems, BlackBerry Cylance, Palo Alto Networks, Microsoft, SonicWall, Carbon Black, Tenable and Webroot (a Carbonite company).
Although the overall MSSP market enjoys double-digit percentage growth rates, many of the Top 200 MSSPs have single-digit growth rates because they are busy investing in next-generation services – including managed detection and response (MDR), SOC or CDC as a Service, and automated penetration testing.