SOC as a Service Market 2019 Analysis May Set New Growth Story, Forecast to 2025

The security operation center (SOC) as a service market is expected to grow at a CAGR of 15.7% over the forecast period from 2020 to 2025. As cyberattacks are becoming common and increasingly costlier (according to IBM’s recent estimates, the average cost of data breaches was pegged at around USD 3.86 million), the need for continuous monitoring and analysis of data becomes necessary. Further, the attacker’s dwell time (the time between initial attack and discovery of the incident) is still too long, despite the investments in security monitoring tools. According to the IBM Security report 2019, operation technology attacks surged 2000% year over year in 2019.

A full report of SOC as a Service Market is available at: https://www.orionmarketreports.com/electronic-toll-collection-market/33455/

Scope of the Report

A security operation center is a centralized unit which deals with an organization's security issues on a technical level. Security is gaining importance in the corporate structure. A security operation center can help to secure and enable the business about attackers. It allows information security functions to respond faster, work more collaboratively, and share knowledge more effectively.

Market Players

• Alert Logic Inc.
• At T Cybersecurity
• Aqm Technologies Pvt. Ltd.
• Arctic Wolf Networks Inc.
• Blackstratus
• Cygilant Inc.
• Esds Software Solution Pvt. Ltd.
• Netmagic Solutions
• Proficio
• Suma Soft

SOC as a Service Market Segments

By Subsystem

• Automated Vehicle Identification
• Automated Vehicle Classification
• Violation Enforcement System
• Transaction Processing

By Technology

• Radio-frequency Identification (RFID)
• Dedicated Short-range Communication (DSRC)
• Infrared
• GNSS & GPS
• Video Analytics

By Application

• Urban
• Highways

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• We cover more than 15 major industries, further segmented into more than 90 sectors.
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Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by SOC as a Service Market Report

• What was the SOC as a Service Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2019-2025).
• What will be the CAGR of SOC as a Service Market during the forecast period (2019-2025)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2019-2025)?
• Which manufacturer/vendor/players in the SOC as a Service Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

This release was published on openPR.