{"id":76036,"date":"2024-03-07T12:45:54","date_gmt":"2024-03-07T04:45:54","guid":{"rendered":"https:\/\/version-2.com\/?p=76036"},"modified":"2024-03-01T12:51:21","modified_gmt":"2024-03-01T04:51:21","slug":"future-trends-for-msps-evolving-network-security-with-sse","status":"publish","type":"post","link":"https:\/\/version-2.com\/en\/2024\/03\/future-trends-for-msps-evolving-network-security-with-sse\/","title":{"rendered":"Future trends for MSPs: evolving network security with SSE"},"content":{"rendered":"
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<\/p>

In the evolving MSP market, network security is undergoing a revolution thanks to Security Service Edge (SSE). This new approach, vital in a cloud-centric world, replaces outdated perimeter-based models with a more integrated, flexible strategy.<\/p>

SSE combines multiple security services for comprehensive protection across all locations. This shift towards agility, scalability, and user focus is crucial for MSPs to meet their clients’ changing needs.<\/p>

Let\u2019s see what trends emerge in the future of the MSPs market and what experts have to say about it.<\/p>

Is the MSP market growing?<\/h2>

Managed services involve outsourcing various IT and computing processes like cloud computing, IT infrastructure, and managed IT security.<\/p>

In 2022, the value of the global managed services market approached<\/a> $279 billion, with North America leading (a share of 36.6% in 2022 and a projected CAGR of 10.6%) and Asia Pacific emerging (a projected CAGR of 11.2%) as the fastest-growing region. By 2026, this market is projected to surpass $400 billion<\/b>.<\/p>

The managed services market is projected<\/a> to expand to $680.08 billion by 2030, advancing at a Compound Annual Growth Rate (CAGR) of 11.9% from 2023 to 2033<\/b>.<\/p>

In 2022, the Banking, Financial Services, and Insurance (BFSI) sector dominated the managed services market<\/b> with the largest revenue share of 18%, and it is anticipated to grow at a CAGR of 11.6% during its forecast period of 2023-2033.<\/p>

What products will MSPs focus on selling?<\/h3>

In terms of popular products, security, and business applications lead in Europe and North America as of 2023.<\/p>

These services offer the advantages of extensive IT infrastructure without requiring substantial in-house hardware. Additionally, managed services in the cloud are poised for growth due to their increasing adoption in organizations’ digital transformation strategies worldwide.<\/p>

IT security services encompass various sectors, including:<\/p>