Better partnerships, better solutions
Managed Security Service Provider (MSSP)
MSSP market in 2017, growing at a CAGR of 11% through 2021.
The percentage of MSSP market in the overall security outsourcing market
MSSP in 2018
According to Gartner, “The MSSP market is growing at a healthy double-digit rate — in 2016, the market grew 10% to reach $9.4 billion in revenue, and Gartner expects this growth rate to be in the 15% to 17% range for 2017. The MSSP market constitutes approximately 60% of the overall security outsourcing market that will generate $18.7 billion revenue in 2017, growing at a CAGR of 11% through 2021. It is important to view MSSP in the context of broader security outsourcing because large enterprises are increasingly looking for hybrid engagements that include a mix of shared and dedicated service delivery components.”
Growth for the new landscape
Merlin International understands the needs of managed security services providers. Our partnerships with MSSPs and technology vendors enable us to be nimble and combine the best software solution with the best MSSP thereby yielding the best outcomes for the customer.
Growth is being driven by:
Staffing needs and budget issues
Adoption of detection and response capabilities
First-time MSSP buyers and cloud adoption
New and changing regulations (GDPR, for example)