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FREMONT, CA: According to the report titled Cloud & CPE Managed Security Services Market Report - Regional – 2016, published by IHS, a global information company, the total revenue from managed security services amounted to $ 17.4 Bn in 2015, a nine percent rise from the previous year. While 54 percent of the revenue came in from the customer-premises-equipment- (CPE-) based services, the remaining share was accounted for by cloud based offerings. The report estimates that the ratio is likely to reverse by 2020.