Argentina Managed Security Services Market Research Report By Service Type (Managed Firewall, Intrusion Detection System, Unified Threat Management, Security Information and Event Management, Endpoint Security), By Deployment Model (On-Premises, Cloud-Based, Hybrid), By Organization Size (Small Enterprises, Medium Enterprises, Large Enterprises) and By End Use Industry (BFSI, Healthcare, ITTelecom, Retail, Government)-Forecast to 2035

Argentina Managed Security Services Market Overview

As per MRFR analysis, the Argentina Managed Security Services Market Size was estimated at 364.44 (USD Million) in 2023.The Argentina Managed Security Services Market Industry is expected to grow from 390(USD Million) in 2024 to 890 (USD Million) by 2035. The Argentina Managed Security Services Market CAGR (growth rate) is expected to be around 7.789% during the forecast period (2025 - 2035).

Key Argentina Managed Security Services Market Trends Highlighted

In Argentina, the Managed Security Services Market is undergoing substantial market trends that are being driven by the increasing prevalence of cyber threats and the increasing digital transformation of businesses. Organisations in a variety of sectors are investing in these security services to improve their cybersecurity and adhere to the changing regulations. The significance of cybersecurity has been acknowledged by the Argentine government, which has implemented initiatives to motivate businesses to implement effective security protocols.

Companies are seeking to mitigate the risks associated with potential data intrusions and cyberattacks, which is driving a demand for managed security services with this regulatory focus. There is an abundance of opportunities in the Argentina Managed Security Services Market, particularly for small and medium-sized enterprises that may not have the necessary resources to establish in-house security teams.

These organisations can capitalise on customised services that optimise costs and specifically resolve their security concerns. In addition, the demand for secure networks and endpoint protection is on the rise as remote work becomes more prevalent. Recently, there has been a trend towards the integration of sophisticated technologies, including AI and machine learning, into managed security services.

The efficiency of security operations is enhanced by these innovations, which aid in the detection and response of threats. Additionally, with the adoption of hybrid environments, businesses in Argentina are increasingly relying on cloud-based security solutions that are scalable. Overall, the dynamic landscape for managed security services in Argentina is underscored by the interplay of these market drivers and trends, as companies are increasingly prioritising cybersecurity to protect their operations and data.

Argentina Managed Security Services Market Drivers

Increasing Cybersecurity Threats

The rising number of cybersecurity threats is a significant driver for the Argentina Managed Security Services Market Industry. Argentina has witnessed a dramatic spike in cyberattacks, with a reported increase in phishing and ransomware incidents by approximately 35% in the last two years according to the Argentine Cybercrime Observatory.

This growing concern has prompted organizations, including multinational corporations and government entities, to seek advanced managed security services to mitigate risks.Firms like Cisco Systems and IBM, with their global reach and expertise, are playing a critical role in implementing security measures within the region. As these threats continue to evolve, the demand for managed security services is expected to rise, positively impacting market growth.

Regulatory Compliance Demand

Increasing regulatory compliance requirements are fueling the demand for managed security services in Argentina. The Argentine government has adopted stricter data protection laws, including the Personal Data Protection Law, which mandates companies to enforce rigorous data handling protocols.

Organizations that fail to comply face significant penalties, leading many to engage managed security service providers to achieve compliance efficiently. For instance, firms such as Softline are actively helping businesses navigate these regulations while securing their data.The emphasis on compliance, alongside an expected increase in company audits, will further drive the Argentina Managed Security Services Market.

Adoption of Cloud Services

The growing trend of cloud service adoption in Argentina is a vital market driver for the Argentina Managed Security Services Market Industry. With more businesses shifting to cloud-based solutions, the need for robust security measures has surged.

According to the Argentina Chamber of Information Technology, over 60% of Argentine firms have integrated cloud services into their operations, especially during the COVID-19 pandemic, which highlighted the importance of remote accessibility.

Companies such as Microsoft and Amazon Web Services have been leading the charge in offering tailored security solutions that align with cloud services, fuelling a demand for managed security services to protect sensitive data hosted in the cloud.

Argentina Managed Security Services Market Segment Insights

Managed Security Services Market Service Type Insights

The Argentina Managed Security Services Market is experiencing significant growth, driven by the increasing need for advanced security measures amidst rising cyber threats. The Service Type segment plays a crucial role in this market, encompassing various essential areas such as Managed Firewall, Intrusion Detection System, Unified Threat Management, Security Information and Event Management, and Endpoint Security. Managed Firewall solutions are vital as they provide a robust defense against unauthorized access and cyber-attacks, ensuring organizational safety.

Intrusion Detection Systems, on the other hand, are instrumental in monitoring network traffic for suspicious activities, thereby alleviating potential security breaches. Unified Threat Management platforms combine multiple security features into one cohesive solution, streamlining management and enhancing protection efficiency. Additionally, Security Information and Event Management practices are becoming increasingly important, as they allow organizations to analyze security alerts generated by applications and network hardware, helping to swiftly identify and respond to incidents.

Endpoint Security continues to gain traction due to the proliferation of remote work in Argentina, securing individual devices that connect to the organizational network. The significant demand for these security services is triggered by the growing awareness of data breaches and regulatory compliance requirements that businesses face in Argentina. With enhanced investment in cyber defense mechanisms, organizations are prioritizing efficient and integrated security solutions to safeguard their assets and maintain consumer trust. .

Managed Security Services Market Deployment Model Insights

The Deployment Model segment of the Argentina Managed Security Services Market is experiencing significant transformation, driven by the increasing demand for robust security solutions among organizations. On-Premises deployment continues to be favored by enterprises looking for enhanced control over their security infrastructure, particularly in sectors with stringent regulatory requirements. In contrast, Cloud-Based solutions are rapidly gaining traction due to their scalability and cost-effectiveness, making them attractive for small to medium-sized businesses looking to streamline operations.

Hybrid models, combining both On-Premises and Cloud-Based approaches, are emerging as a popular choice, offering flexibility and maximizing existing security investments. This multi-faceted landscape reflects the evolving needs of the Argentine market, where organizations prioritize cybersecurity in response to the growing threat of cyberattacks and data breaches.

The demand for tailored Managed Security Services reinforces the significance of these deployment models as companies seek to enhance their overall security posture, leverage innovation, and remain competitive in the digital age.The evolving regulatory landscape in Argentina is also reinforcing the need for effective security solutions, further driving the segmentation within this market.

Managed Security Services Market Organization Size Insights

The Organization Size segment within the Argentina Managed Security Services Market encompasses Small Enterprises, Medium Enterprises, and Large Enterprises, reflecting diverse security needs and budget constraints. Small Enterprises often require cost-effective solutions that deliver basic security measures while addressing scalability concerns as they grow. Medium Enterprises typically adopt a more comprehensive suite of services to mitigate emerging threats, balancing between advanced security features and cost management.

Large Enterprises, on the other hand, are characterized by their complex IT environments, necessitating tailored and robust security solutions that cover extensive networks and sensitive data protection.This segment is vital for enhancing the overall security posture across the Argentine market, as companies increasingly recognize the importance of managed security services for compliance and risk management.

Factors such as the rising cyber threats, regulatory requirements, and the growing digitization of business processes drive demand across all organization sizes, emphasizing the need for effective security strategies tailored to specific organizational challenges within Argentina. The dynamic growth trends observed in this market indicate that investment in managed security services is becoming a critical priority for organizations of all sizes to safeguard their operations and sensitive information effectively.

Managed Security Services Market End Use Industry Insights

The Argentina Managed Security Services Market is shaped significantly by its End Use Industry, which encompasses various critical sectors including Banking, Financial Services and Insurance (BFSI), Healthcare, Information Technology and Telecommunications (ITTelecom), Retail, and Government. Each of these industries presents unique security challenges and opportunities, establishing them as key players in the ongoing evolution of managed security services.

BFSI, given its sensitive nature and regulatory requirements, insists on robust security solutions to protect against data breaches and fraud.The Healthcare sector increasingly relies on managed services to comply with stringent privacy regulations while safeguarding patient data. Meanwhile, the ITTelecom industry is vital for ensuring the integrity of network infrastructures, which are critical to national security and economic stability.

Retail has seen a shift towards integrating managed security due to the rise in digital transactions, emphasized by the increasing sophistication of cyber threats. Lastly, Government entities prioritize the use of managed security services to fend off cyber threats and ensure the protection of national data and citizen information.Overall, these sectors collectively drive the demand for tailored security solutions, contributing significantly to the growth of the Argentina Managed Security Services Market.

Argentina Managed Security Services Market Key Players and Competitive Insights

The Argentina Managed Security Services Market has been evolving significantly, driven by the increasing importance of cybersecurity across various sectors. With the rise of digital transformation in businesses, organizations are becoming more aware of the vulnerabilities associated with their operations. As a result, there is a growing demand for managed security services that can provide comprehensive solutions to protect sensitive data and defend against cyber threats.

The market comprises several key players that deliver a range of services including threat detection, incident response, Vulnerability assessments, and compliance management, reflecting a diverse and competitive landscape where companies strive to enhance their offerings and maintain a strong foothold.Grupo VAS has established itself as a notable player in the Argentina Managed Security Services Market, thanks to its strategic focus on delivering tailored cybersecurity solutions that cater to the unique needs of local businesses. The company’s strength lies in its understanding of the Argentine landscape, coupled with its ability to adapt various global security frameworks to comply with local regulations and market demands.

Grupo VAS capitalizes on its advanced technology and deep expertise in cybersecurity to offer managed services that address both proactive and reactive security measures. Its reputation for reliability and customer-centric service further enhances its competitive position within the market, allowing it to maintain long-standing relationships with a diverse client base across multiple industries.TGS is another significant contributor to the Managed Security Services sector in Argentina, recognized for its robust portfolio of cybersecurity solutions tailored specifically for local enterprises.

The company is involved in various segments, including network security, endpoint protection, and cloud security services. TGS has positioned itself as a key player through strategic investments in advanced security technologies and a commitment to continuous improvement in service delivery. The company has also engaged in mergers and acquisitions to expand its capabilities and market presence, allowing it to offer comprehensive solutions that effectively address the evolving threats faced by organizations in Argentina. Its focus on innovative product offerings, strong customer support, and in-depth knowledge of the local regulatory environment are fundamental strengths that empower TGS to deliver high value in security management, reinforcing its competitive edge in this dynamic market.

Key Companies in the Argentina Managed Security Services Market Include

• Grupo VAS
• TGS
• Check Point Software Technologies
• Accenture
• CrowdStrike
• Fortinet
• Kaspersky Lab
• Cisco Systems
• Panda Security
• Trend Micro
• IBM
• Telecom Argentina

Argentina Managed Security Services Market Industry Developments

In October 2022, Check Point Software Technologies implemented a Managed Security Service Providers (MSSP) Program in Argentina. This program allows partners to provide end-to-end XDR/XPR, MDR/MPR, event management, and SOC services under the Horizon Prevention-First Suite, thereby fortifying localised cybersecurity operations. Telecom Argentina implemented Akamai's Guardicore microsegmentation solution to safeguard its mobile services and hybrid-cloud infrastructure, thereby improving visibility and internal threat detection across critical network segments.

Fortinet, Cisco, IBM, and Check Point are recognised as significant participants in the provision of managed security services in Argentina. They have formed partnerships with local integrators and are enhancing their AI-based threat detection capabilities in sectors including finance, healthcare, and utilities.

Argentina Managed Security Services Market Segmentation Insights

Managed Security Services Market Service Type Outlook

• Managed Firewall
• Intrusion Detection System
• Unified Threat Management
• Security Information and Event Management
• Endpoint Security

Managed Security Services Market Deployment Model Outlook

• On-Premises
• Cloud-Based
• Hybrid

Managed Security Services Market Organization Size Outlook

• Small Enterprises
• Medium Enterprises
• Large Enterprises

Managed Security Services Market End Use Industry Outlook

• BFSI
• Healthcare
• ITTelecom
• Retail
• Government

 

Report Attribute/Metric Source:	Details
MARKET SIZE 2023	364.44(USD Million)
MARKET SIZE 2024	390.0(USD Million)
MARKET SIZE 2035	890.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR)	7.789% (2025 - 2035)
REPORT COVERAGE	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR	2024
MARKET FORECAST PERIOD	2025 - 2035
HISTORICAL DATA	2019 - 2024
MARKET FORECAST UNITS	USD Million
KEY COMPANIES PROFILED	Grupo VAS, TGS, Check Point Software Technologies, Accenture, CrowdStrike, Fortinet, Kaspersky Lab, Artech, Cisco Systems, Panda Security, Trend Micro, IBM, Telecom Argentina, FPT Software, Sonda
SEGMENTS COVERED	Service Type, Deployment Model, Organization Size, End Use Industry
KEY MARKET OPPORTUNITIES	Growing cybersecurity threats, Increasing regulatory compliance, Rising demand for cloud security, Expanding SME adoption, Enhanced IoT security solutions
KEY MARKET DYNAMICS	growing cyber threats, increased regulatory compliance, rise in digital transformation, demand for cost-effective solutions, focus on data privacy
COUNTRIES COVERED	Argentina