According to MarkNtel Advisors who is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. Recently released a report on Managed SIEM Services Market – Industry Trends and Forecast to 2030 and provides a comprehensive analysis of the current and future market conditions. The market research insights offered in this report enhance understanding of the market landscape, potential challenges, and strategies to establish a strong brand presence. With detailed market segmentation, in-depth analysis of key players, examination of consumer and supply chain trends, and exploration of new geographic markets, the insights presented in this report simplify the effective marketing of products and services.
Global Managed SIEM Services Market Analysis and Size
The 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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Some of the major players operating in the Managed SIEM Services Market IBM, SAP, Oracle, Informatica, AWS, NetApp, Tera Data, K2 View, Talend, Denodo, Google, Microsoft, HPE, Snowflake, Radiant Logic, and Others.
Managed SIEM Services Market Growth Driver:
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.
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Market Segment and Geographical Analysis
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)
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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