Trustwave's 2024 Financial Services Threat Reports Highlight Alarming Trends in Insider Threats & Phishing-as-a-Service. Learn More

Trustwave's 2024 Financial Services Threat Reports Highlight Alarming Trends in Insider Threats & Phishing-as-a-Service. Learn More

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Trustwave: the Fastest-Growing Global Managed Security Services Provider

Trustwave revenue growth was double the managed security services market average in 2015, according to Gartner report

CHICAGO - May 17, 2016 - According to a new report from industry analyst firm Gartner, Inc., Trustwave is the fastest-growing managed security services provider worldwide based on 2015 market share revenue.

The Gartner report, "Market Share: Managed Security Services, Worldwide, 2015," estimates that the managed security service market size was $8.7 billion in 2015. The market share includes providers that Gartner has identified as having a significant presence in the managed security service market. As defined by Gartner, managed security services (MSSs) are the remote monitoring or management of IT security functions delivered via shared services from remote security operations centers (SOCs), not through personnel on-site.

With 21 percent growth in 2015 in the MSS market, Trustwave grew at double the average rate of managed security services providers worldwide, according to the Gartner report.

 

2014-2015 Change in Vendor Managed Security Services Revenue

Trustwave Chief Executive Officer and President Robert J. McCullen said, "We believe Trustwave's record growth, outpacing the managed security services market, can be attributed to our global expansion, significant enhancements to existing offerings, our commitment to innovation and the delivery of powerful managed security services for our customers worldwide. We feel this is affirmation of our growth in the market and shows that global enterprises, distributed brands, and small to medium-sized businesses are looking to Trustwave to provide security services, industry-leading security research, threat intelligence, and a centralized management platform."

Gartner subscribers can access the full report, "Market Share: Managed Security Services, Worldwide, 2015, April 20, 2016" at: http://www.gartner.com/document/3288317.

Trustwave Managed Security Services help businesses address advanced information security threats while alleviating the pressures created by resource constraints, skills shortages, compliance requirements and the rapid adoption of new technologies. These services provide the security businesses need without requiring them to install and manage technologies themselves, to retain and train staff to run and configure those systems, or to worry about aging levels of protection. By partnering with Trustwave as their trusted security advisor, businesses can focus more on their priorities and core competencies.

Trustwave will be exhibiting and offering additional information on managed security services at several upcoming Gartner Security & Risk Management Summits: June 13-16 in National Harbor, Maryland, August 22-23 in Sydney, Australia, and September 12-13 in London.

ABOUT TRUSTWAVE

Trustwave helps businesses fight cybercrime, protect data and reduce security risk. With cloud and managed security services, integrated technologies and a team of security experts, ethical hackers and researchers, Trustwave enables businesses to transform the way they manage their information security and compliance programs. More than three million businesses are enrolled in the Trustwave TrustKeeper® cloud platform, through which Trustwave delivers automated, efficient and cost-effective threat, vulnerability and compliance management. Trustwave is headquartered in Chicago, with customers in 96 countries. For more information about Trustwave, visit https://www.trustwave.com.

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