Global Managed SIEM Services Market Insights Report Overview
According to the latest market study by MarkNtel Advisors titled “Global Managed SIEM Services Market Industry Size, Share, Trends, Growth, Opportunity Analysis 2024-2030” presents a thorough examination of market drivers, opportunities and challenges.
Utilizing a quantitative approach, it offers precise insights into market size, share, and growth. Crafted by industry experts, the report delves into consumption patterns, geographical analysis, and competitive landscapes. Its objective is to furnish valuable insights for clients seeking to comprehend and leverage market dynamics. With a dual focus on historical achievements and future projections, it furnishes a nuanced understanding of the market terrain.
Managed SIEM Services Market Overview:
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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Global Managed SIEM Services Market Challenge:
High Costing & Budgeting of Cybersecurity Solutions to Restraint the Expansion – The Managed SIEM Services Market faces a formidable obstacle in the form of cost & budget constraints, particularly for smaller enterprises. Implementing & sustaining robust cybersecurity measures can be financially taxing, and the initial investment needed to deploy managed SIEM services can be prohibitive for organizations operating on limited budgets. Hence, conquering this challenge requires a delicate equilibrium between cost concerns and the imperative for robust cybersecurity, underscoring the significance of adaptable and scalable service models.
Competitor Insight: Managed SIEM Services Market
This report focuses on major market participants like:
- IBM
- AT&T
- Verizon
- NTT Data
- Capgemini
- BT
- NCC Group
- TCS
- Unisys
- OPTIV
- Vodafone
- Wipro
- Rapid7
- ManageEngine
- Trustwave
- Others
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Segmentation Summary: Managed SIEM Services Market
This segmentation analysis outlines prominent sections in the report’s table of contents. Each segment undergoes thorough analysis, including sub-segments, to showcase both current and historical market sizes. The analysis underscores investment opportunities for rapid growth, particularly in the Managed SIEM Services Market, with notable highlighting on:
-By Type
- Fully-managed
- Co-managed
The Fully Managed segment contributes to the largest share in the Managed SIEM Services Market during 2024-2030. This segment incorporates complete deployment, configuration, monitoring, and management of SIEM solutions with the help of a comprehensive SIEM services outsourcing method. Various core business activities ensure the usage of fully managed SIEM services to leverage the benefits of a robust cybersecurity posture. In order to address the cyber threats, the fully managed services perform expert-driven security operations and proactively respond to the cyber incidents.
-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 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)
Managed SIEM Services Market Geographical Reach:
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
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Key Questions Addressed:
- Factors Driving Market Growth: Understand the primary drivers propelling the Managed SIEM Services market forward.
- Access to Reliable Reports: Learn where to access dependable market reports for informed decision-making.
- Growth Projections: Gain insights into anticipated growth projections for the coming years.
- Geographical Hotspots: Identify geographical poised for significant market growth soon.
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MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.
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