Press release
Global Managed SIEM Services Market Reach USD 7.12 Billion in 2023, and Growing at a CAGR of 17.4% Till 2030 | IBM, SAP, and Oracle
This detailed report provides a thorough look at the industry, covering key aspects like the Managed SIEM Services Market Size, its growth in share, development, and the top companies involved. It examines what's driving the market, using historical, current, and projected data, as well as emerging trends, technology updates, important insights, recent developments, potential limitations, and other factors that will influence the industry's direction in the future.
How Big is the Managed SIEM Services Industry?
Global Managed SIEM Services Market size was valued at USD 7.12 billion in 2023 and is estimated to grow at a CAGR of around 17.4% during the forecast period, i.e., 2024-30.
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Factors Influencing the Growth of the Managed SIEM Services Industry:
Rising Cyber Threats & Risks to Instigate the Market Growth - The global growth of the Managed SIEM Services Market has been driven by the rising occurrence of cyber threats, including malware, ransomware, and targeted attacks. The Managed SIEM Services offer robust cybersecurity solutions for continuous monitoring and detection of cyber risks, as these services are equipped with advanced analytics & risk intelligence for proactively safeguarding the cyber-attack. This, in turn, has aided in elevating the market demand in the following years.
Name of Leading Managed SIEM Services Companies in the Global Market
> IBM
> AT&T
> Verizon
> NTT Data
> Capgemini
> BT
> NCC Group
> TCS
> Unisys
> OPTIV
> Vodafone
> Wipro
> Rapid7
> ManageEngine
> Trustwave
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Segmentation Summary - Managed SIEM Services Market
The breakdown of the Managed SIEM Services market into different segments provides a quick overview. It helps businesses understand what customers prefer and where they are located. By dividing the market into smaller groups based on purchasing habits and geography, companies can improve their business strategies. This summary offers a straightforward guide to better understanding the market.
By Application
> Log Management & Reporting- Market Size & Forecast 2019-2030, (USD Million)
> Threat Intelligence- Market Size & Forecast 2019-2030, (USD Million)
> Security Analytics- Market Size & Forecast 2019-2030, (USD Million)
> Others- Market Size & Forecast 2019-2030, (USD Million)
By Type
> Fully Managed- Market Size & Forecast 2019-2030, (USD Million)
> Co-managed- Market Size & Forecast 2019-2030, (USD Million)
By Deployment mode
> On-premises- Market Size & Forecast 2019-2030, (USD Million)
> Cloud- Market Size & Forecast 2019-2030, (USD Million)
By Organization size
> Large Enterprises- Market Size & Forecast 2019-2030, (USD Million)
> SMEs (Small-Medium Enterprises)- Market Size & Forecast 2019-2030, (USD Million)
By Vertical
> BFSI- Market Size & Forecast 2019-2030, (USD Million)
> Government- Market Size & Forecast 2019-2030, (USD Million)
> Healthcare- Market Size & Forecast 2019-2030, (USD Million)
> IT & ITEs- Market Size & Forecast 2019-2030, (USD Million)
> Retail & E-commerce- Market Size & Forecast 2019-2030, (USD Million)
> Energy & Utilities- Market Size & Forecast 2019-2030, (USD Million)
> Telecommunications- Market Size & Forecast 2019-2030, (USD Million)
> Manufacturing- Market Size & Forecast 2019-2030, (USD Million)
> Others- Market Size & Forecast 2019-2030, (USD Million)
Regional Insight: Global Managed SIEM Services Market
Geographically, the Managed SIEM Services Market expands across:
* North America
* South America
* Europe
* Middle East & Africa
* Asia-Pacific
Of all regions, the largest market size in the Managed SIEM Services Market is anticipated to be held by the Asia-Pacific region.
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Frequently Asking Question: Global Managed SIEM Services Market
* What are common indicators of market growth?
* Where can I access reliable market reports?
* What are the anticipated growth projections for the Managed SIEM Services market in the next six years?
* What geographic regions are expected to experience the most significant market growth in the future?
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MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
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