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Managed Security Services Market to Grow by USD 33.86 Billion (2024-2028), Cloud Adoption Drives Revenue, Report Highlights AI’s Impact on Trends – Technavio

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NEW YORK, Dec. 5, 2024 /PRNewswire/ — Report on how AI is redefining market landscape – The global managed security services (MSS) market  size is estimated to grow by USD 33.86 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of about 13.87%  during the forecast period. Increase in adoption of cloud-based services is driving market growth, with a trend towards incorporation of predictive analytics in managed security services. However, chances of failure during managed security services implementation  poses a challenge. Key market players include Accenture Plc, AT and T Inc., Atos SE, Capgemini Service SAS, CrowdStrike Holdings Inc., Dell Technologies Inc., DXC Technology Co., F5 Inc., Fortra LLC, Furukawa Electric Co. Ltd., Infosys Ltd., International Business Machines Corp., Kroll LLC, Kudelski SA, Kyndryl Inc., Lumen Technologies Inc., Nippon Telegraph And Telephone Corp., Orange Cyberdefense SA, ProSOC Inc., and Singapore Telecommunications Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

End-user (SMEs and Large enterprises), Deployment (Cloud-based and On-premises), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Accenture Plc, AT and T Inc., Atos SE, Capgemini Service SAS, CrowdStrike Holdings Inc., Dell Technologies Inc., DXC Technology Co., F5 Inc., Fortra LLC, Furukawa Electric Co. Ltd., Infosys Ltd., International Business Machines Corp., Kroll LLC, Kudelski SA, Kyndryl Inc., Lumen Technologies Inc., Nippon Telegraph And Telephone Corp., Orange Cyberdefense SA, ProSOC Inc., and Singapore Telecommunications Ltd.

Key Market Trends Fueling Growth

Managed Security Services (MSS) are becoming increasingly popular among businesses in various industries, including Healthcare, Manufacturing, Telecom and IT. Trends like Managed IPS, Firewall Management, Endpoint Security, and Threat Monitoring are key offerings in MSS. With the rise of new threats such as ransomware, vulnerability assessments, and detection and response are crucial. Healthcare facilities and medical devices face unique challenges, requiring patient privacy protection. IT security specialists provide operational services through in-house or cloud-based solutions. Cloud computing, Artificial Intelligence, and Machine Learning are transforming MSS, enabling better threat detection and response. SMEs and IT enterprises alike benefit from MSS, as they face similar cyber threats. The COVID-19 pandemic has accelerated digital transformation, increasing exposure and creating new risks. Industry 4.0 and Cloud technology bring new challenges, requiring skilled cybersecurity laborers to defend against malicious attackers. Engagement models vary, from fully managed to co-managed services. MSS providers offer Network Security, Data Security, Managed DDoS protection, and Cloud Security solutions. Defense and Government sectors also rely on MSS for cybersecurity. 

Predictive analytics is a data-driven approach that utilizes statistical algorithms, data mining, artificial intelligence, and machine learning to make informed predictions about future events. In the context of Managed Security Services (MSS), this technology is employed to detect and protect against advanced malware threats and potential cyberattacks. Vendors offering MSS with predictive analytics capabilities gather, correlate, and analyze data from various sources to provide real-time expert analysis of emerging threats. This early warning system enables enterprises to take proactive measures, ensuring a more secure network environment. Predictive analytics empowers MSS providers to anticipate and address potential threats before they cause significant damage. 

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Market Challenges

•         Managed Security Services (MSS) have become essential for businesses in various industries, including Healthcare, Manufacturing, Telecom and IT, to protect their digital ecosystems from new and evolving threats. Challenges such as Managed IPS, Firewall Management, Endpoint Security, and Data breaches require specialized expertise. Healthcare facilities face unique challenges with medical devices and patient privacy. Threat Monitoring and Vulnerability Monitoring are crucial for early detection and response. Inhouse security solutions may not provide the necessary resources and skills to combat advanced cyber threats like Ransomware. Cloud-based security solutions offer flexibility and scalability. IT security specialists are in high demand, making outsourcing to MSS providers an attractive option. SMEs and IT enterprises alike benefit from MSS engagement models. Cloud computing, Artificial Intelligence, and Machine Learning are transforming MSS, providing enhanced threat detection and response capabilities. The COVID-19 pandemic has accelerated digital transformation, increasing exposure and the need for security. Malicious attackers target industries like Defense or Government, Telecom and IT, and Industry 4.0. MSS providers offer Operational services, including Managed DDoS protection and Cloud Security, ensuring Network and Data Security for businesses.

•         The implementation phase is a critical component of managed security services (MSS), but it also presents a significant challenge. Prospective clients may be hesitant to adopt MSS due to the risk of implementation failures. This complex process involves various tasks such as project management, vulnerability management, compliance, content management, event monitoring, access management, and managed devices. During the planning stage, Managed Security Service Providers (MSSPs) must carefully choose the required devices, determine their placement in the client’s infrastructure, and ensure their proper configuration. A successful implementation is crucial to build trust and confidence in MSS offerings, making it essential for MSSPs to prioritize this phase and execute it flawlessly.

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Segment Overview 

This managed security services (mss) market report extensively covers market segmentation by

End-user 1.1 SMEs1.2 Large enterprisesDeployment 2.1 Cloud-based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 SMEs-  Small and Medium Enterprises (SMEs) are rapidly adopting Managed Security Services (MSS) due to the escalating number of data breaches and cyberattacks from hackers. These attacks, such as Distributed Denial of Service (DDoS) and ransomware, can significantly disrupt SMEs’ IT infrastructure, resulting in severe business consequences. The complexities of cybersecurity and the prevalence of Internet of Things (IoT) devices further complicate matters for SMEs. Due to budget constraints, setting up an in-house IT security infrastructure is a challenge for SMEs. Consequently, they are turning to Managed Security Service Providers (MSSPs) to outsource their security needs. This arrangement not only saves SMEs on infrastructure and operational costs but also allows them to access advanced security solutions. The increasing demand for MSS among SMEs is encouraging vendors to invest more in improving their services, leading to market growth during the forecast period.

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Research Analysis

Managed Security Services (MSS) are outsourced security solutions designed to protect organizations from various cyber threats. MSS providers offer a range of services including Managed Firewall, Intrusion Prevention Systems (Managed IPS), Endpoint Security, Threat Monitoring, and Vulnerability Monitoring. With the increasing number of data breaches, industries such as Healthcare, Manufacturing, Telecom and IT are turning to MSS to safeguard their systems and maintain compliance. MSS providers use both in-house and cloud-based security solutions to protect against malicious attackers, cyberattacks, DDoS attacks, and other Industry 4.0 risks. Healthcare facilities and medical devices are particularly vulnerable to cyber threats, putting patient privacy at risk. MSS providers offer expertise from IT security specialists to help organizations stay ahead of evolving threats and ensure data security. Cloud security and network security are critical components of MSS, as more organizations move their operations to the cloud. MSS providers use advanced technologies to monitor and mitigate threats in real-time, providing organizations with peace of mind and allowing them to focus on their core business.

Market Research Overview

Managed Security Services (MSS) is a subset of IT security that provides organizations with expert threat monitoring, vulnerability assessment, and incident response services. MSS offerings include Managed Firewall, Intrusion Prevention Systems (Managed IPS), Endpoint Security, and Threat Monitoring. With the increasing number of data breaches, healthcare facilities and medical devices are under heightened scrutiny due to patient privacy concerns. MSS providers offer operational services to ensure patient data remains secure. New threats such as ransomware, cyberattacks, and DDoS attacks require skilled cybersecurity laborers to detect and respond effectively. MSS providers offer both in-house and cloud-based solutions to cater to various engagement models and industries like Healthcare, Manufacturing, Telecom and IT. The technology landscape is evolving with the adoption of cloud computing, artificial intelligence, and machine learning in DevOps environments. The COVID-19 pandemic has accelerated the shift to digital ecosystems, making outsourcing MSS an attractive option for SMEs and IT enterprises. Defense and Government sectors also rely on MSS to protect against malicious attackers and secure Industry 4.0 and cloud technology networks.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userSMEsLarge EnterprisesDeploymentCloud-basedOn-premisesGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Hisense Celebrates Earth Day: The Quiet Green Shift Happening Inside Households Through Smarter Appliances

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DUBAI, UAE, April 22, 2026 /PRNewswire/ — There’s something futuristic about a refrigerator that thinks for itself. Not in a science-fiction, take-over-the-world kind of way, but in the everyday miracle of a 620-litre side-by-side unit deciding, on its own, that 3am is the perfect time to run its compressor at minimal power because nobody’s opening the door anyway.

This is the green revolution that nobody talks about at climate summits. While world leaders debate carbon credits and industrial emissions, a quieter transformation is unfolding in kitchens, utility rooms, and living spaces across the UAE and beyond. It happens every time a washing machine calculates the precise amount of water needed for that half-load of towels, or when an air conditioner’s inverter technology throttles down instead of cycling on and off like an energy-guzzling metronome.

Earth Day, falling on 22 April this year, typically conjures images of tree-planting ceremonies and beach clean-ups. Worthy endeavours, certainly. But the environmental impact of what sits in your home, running twenty-four hours a day, seven days a week, fifty-two weeks a year, rarely gets the attention it deserves.

On average, washing machines use 19 gallons of water per load, and the average household runs between 5 and 6 loads per week. Based on those figures, most washers use up to 5,605 gallons of water annually . Swap that for a modern front-load unit with AI wash programs, like Hisense’s models, and that figure can drop by up to 50 percent. Multiply this across the roughly 500,000 households in Dubai alone, and we’re suddenly talking about water savings that would make a desalination plant executive weep with joy.

The same logic applies to electricity consumption, a particularly pressing concern in a region where summer temperatures regularly exceed 45°C and air conditioning is a necessity. The difference between a conventional split AC unit and one equipped with inverter technology isn’t marginal, it’s substantial enough to show up on utility bills within the first month of operation.

Intelligence as an Environmental Strategy

What makes the current generation of home appliances genuinely different isn’t just improved efficiency ratings or eco-labelling. It’s the integration of AI into the very fabric of how these machines operate.

Hisense, a brand that has positioned itself at this intersection of technology and sustainability, describes its approach as a “dual-track strategy of intelligence plus green development.” Its ConnectLife ecosystem, available on select refrigerators, washing machines, dishwashers, and air conditioners, monitors energy consumption in real-time, learns household patterns, and makes AI-driven recommendations that, over time, compound into meaningful resource savings.

A Hisense 14-place setting dishwasher with auto-wash technology, for instance, doesn’t simply run the same cycle regardless of load. It assesses soil levels and adjusts water temperature and duration accordingly. A half-load mode means running appliances at appropriate capacity rather than wasting resources on unnecessary full cycles.

Multi-airflow cooling systems that reduce temperature fluctuation and preserve food longer. No-frost technology that eliminates the energy waste of ice buildup. Inverter compressors that modulate power consumption rather than running at full throttle constantly. These technologies have existed in various forms for years. What’s changed is their integration into accessible price points and mainstream product lines, making efficient living achievable for households beyond the ultra-premium market.

The Gulf region presents a fascinating case study for domestic sustainability. Per capita energy consumption ranks among the highest globally, driven by climate control requirements, water desalination dependencies, and historically subsidised utility costs. Yet the UAE has simultaneously positioned itself as a regional leader in renewable energy investment and sustainability commitments.

This creates a unique environment where smart appliance adoption carries amplified significance. A 1.5-ton inverter split AC running across a typical Abu Dhabi summer doesn’t just save its owner money, it reduces the load on an electrical grid increasingly powered by solar and nuclear generation. The connection between individual choices and collective outcomes becomes tangible in ways that might seem abstract in milder climates.

The rise of connected appliances adds another dimension. Remote diagnostics can extend product lifespans by identifying minor issues before they become terminal failures. Software updates can improve efficiency algorithms years after purchase. Energy monitoring creates accountability loops that encourage conscious consumption patterns.

Steam wash functions on modern washing machines reduce the need for hot-water cycles while improving allergen removal. Anti-bacterial filters in air conditioning units address both health and environmental concerns simultaneously. These convergences suggest that the old tension between convenience and conscience may be resolving itself through engineering rather than requiring consumers to choose sides.

The Household as Climate Actor

There’s something democratic about domestic sustainability. Industrial emissions reductions require policy negotiations, capital investments, and coordination across complex stakeholder ecosystems. Choosing a more efficient refrigerator requires a trip to the appliance store and perhaps a slightly higher upfront cost that will recoup itself over the product’s operational lifetime.

This isn’t to diminish the necessity of systemic change, individual action cannot substitute for structural transformation. But the two approaches complement rather than compete. Households equipped with intelligent appliances consume fewer resources, place less strain on infrastructure, and model consumption patterns that cascade through communities.

The quiet green shift happening inside households won’t make headlines the way renewable energy megaprojects or electric vehicle adoption rates do. But every time that dishwasher calculates optimal water usage, every time that inverter compressor modulates instead of cycles, every time that smart refrigerator adjusts its cooling schedule based on door-opening patterns, something meaningful happens. Millions of these moments, aggregated across millions of households, compound into impact that rivals any single infrastructure project.

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Dreame Nebula NEXT Auto expands academic collaboration to accelerate AI-driven automotive innovation

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UC Berkeley engagement underscores long-term investment in autonomous systems, engineering depth and intelligent vehicle development

BERKELEY, Calif., April 22, 2026 /PRNewswire/ — Dreame Nebula NEXT Auto has deepened its engagement with leading academic institutions, including the University of California, Berkeley, as it accelerates development of AI-defined vehicles and next-generation autonomous systems. The collaboration signals a long-term commitment to advancing core technologies that will shape the future of intelligent automotive motion.

The engagement brought Nebula NEXT engineers and leadership together with Berkeley researchers specialising in autonomous control systems, AI and intelligent transportation. The sessions focused on translating advanced research into real-world vehicle systems, with particular emphasis on safety, control and full-stack AI integration.

Jake Ma, Executive of Dreame Nebula NEXT Auto, said: “We aren’t building a car. We are building a new brain for the physical world. To us, the car is the only physical mothership capable of carrying the extreme compute required by large AI models today.”

The visit forms part of a broader strategy to anchor Nebula NEXT’s development in deep technical collaboration. By working closely with academic experts, the company is strengthening its approach to autonomous driving, vehicle intelligence and system-level engineering.

Nebula NEXT builds on Dreame Technology’s foundation in precision engineering and AI-driven innovation. This heritage underpins a shift from software-defined vehicles to AI-defined vehicles, where intelligence is embedded across the entire system, from perception and decision-making to chassis and powertrain control.

The company’s technical direction centres on integrating AI into the core dynamics of how vehicles operate. This includes continuous learning systems, multi-agent architectures and high-performance computing platforms designed to support real-time decision-making in complex driving environments.

Nebula NEXT first drew global attention at CES 2026 with the debut of the Nebula NEXT 01, a four-door electric hyper-sedan concept. The vehicle delivers 1.8-second acceleration from 0 to 100 km/h, more than 2,000 horsepower and a lightweight structure built from proprietary Blue Carbon Fiber.

Momentum continued with a high-profile appearance during the Super Bowl LVIII broadcast, extending the brand’s reach across North America and reinforcing its position as an emerging force in automotive technology.

Alongside performance, the company continues to prioritise foundational innovation. Its architecture combines AI-native operating systems, zonal electrical design and high-density computing platforms to enable scalable, intelligent vehicle systems.

Nebula NEXT is now entering a phase focused on system execution, engineering depth and scalable technology development. The company will present further advances at an upcoming Silicon Valley event on 27 April 2026, where it will unveil new products and core technologies.

By combining global market momentum, academic collaboration and a focus on engineering fundamentals, Dreame Nebula NEXT is positioning itself at the centre of the transition to AI-defined mobility.

Media contact:
Li Tong, Dreame Nebula Next Auto PR head, litong2@dreame.tech
Website: https://www.dreametech.com

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Sucden Financial Enables Client Trading in Shanghai Nickel Futures

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LONDON, April 22, 2026 /PRNewswire/ — Sucden Financial, the multi-asset execution, clearing and liquidity provider, announces that clients can now trade nickel futures and options on the Shanghai Futures Exchange (SHFE), following today’s opening of the contract to international participants.

Sucden Financial offers access to SHFE through its Overseas Intermediary status and established Chinese banking relationships. Clients can manage exposure across SHFE, the London Metal Exchange (LME) and more than 20 other global commodities markets through a single account.

In addition to SHFE nickel contracts, Sucden Financial’s clients can access the following Chinese exchanges: the Shanghai International Energy Exchange, the Dalian Commodity Exchange and the Zhengzhou Commodity Exchange.

Lucy Wainman, Head of Sales (China) at Sucden Financial, said:

“We are pleased to offer clients the opportunity to trade Shanghai nickel futures and options contracts, further broadening our access to Chinese markets. This milestone reflects the hard work of our team and the long-standing relationships we have built in China. We would like to thank SHFE and Chinese regulators for their support and constructive engagement.”

Marc Bailey, CEO of Sucden Financial, said:

“Expanding our global exchange coverage to include access to onshore mainland Chinese markets supports our organic growth strategy. By adding access to SHFE, we provide clients with an extended global reach through a single account. Continued investment in technology underpins our long-term commitment to our clients, enabling them to respond quickly to changing market dynamics and capture emerging opportunities.”

About Sucden Financial

With a history and heritage in commodity futures and options trading, Sucden Financial has evolved and diversified to become a leading global multi-asset execution, clearing and liquidity provider across FX, fixed income, and commodities.

Sucden Financial has a proven track record of over 50 years in financial markets. Since its foundation in 1973, it has been supported by its parent, Sucden, one of the world’s leading soft commodity trading groups, while remaining fully independent in its day-to-day trading operations.

Sucden Financial Limited is authorised and regulated by the Financial Conduct Authority.

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