Security Operations Center as a Service Market Size, Opportunities, Trends, Growth Factors, Revenue Analysis

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Rapid advancements in IT security and increasing remote working owing to COVID-19 are key factors driving market revenue growth

The global Security Operations Center (SOC) as a Service market size was USD 5.55 Billion in 2021 and is expected to register a revenue CAGR of 16.52% during the forecast period, according to latest analysis by Emergen Research. Increasing investment by major companies is projected to support market revenue growth between 2021 and 2030. For instance, on 19 December 2022, the USD 1.3 billion Series C investment was headed by Fenbushi Capital U.S., according to an announcement by the Singapore-based Amber Group, a leading global provider of digital assets. Family offices and other investors with experience in cryptocurrencies also participated in the most recent round. After receiving a USD 1.2 billion Series B+ investment earlier this year, Amber Group's Series C round represents the highest investment the company has ever received. The Amber Group has established itself as a significant player that is deliberately associated with financiers who have the same values and goals for the industry of digital assets.

The study on the Global Security Operations Center as a Service Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties. The Security Operations Center as a Service market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the Security Operations Center as a Service industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall Security Operations Center as a Service industry.

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Competitive Outlook: The leading companies operating in the Security Operations Center as a Service market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Top Companies Operating in the Security Operations Center as a Service Market and Profiled in the Report are:

IBM, AT&T Intellectual Property, Verizon, NTT Group, ConnectWise, LLC, Proficio, Tata Consultancy Services, Atos SE, Check Point Software Technologies Ltd., Cloudflare, Inc., Arctic Wolf Networks Inc., and Musarubra US LLC

Objectives of the Report:

Study of the global Security Operations Center as a Service market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)

Industrial structure analysis of the Security Operations Center as a Service market by identification of various sub-segments

Extensive analysis of key market players along with their SWOT analysis

Competitive landscape benchmarking

Analysis of Security Operations Center as a Service market based on growth trends, futuristic outlook, and contribution to the total growth of the market

Analysis of drivers, constraints, opportunities, challenges, and risks in the global Security Operations Center as a Service market

Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances

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Segments Covered in this report are:

 

  • Component Outlook (Revenue, USD Billion; 2019–2030)

    • Solution
    • Professional Services
  • Organization Size Outlook (Revenue, USD Billion; 2019–2030)

    • Large Enterprises
    • Small and Medium Enterprises (SMEs)
  • Type Outlook (Revenue, USD Billion; 2019–2030)

    • Prevention
    • Detection
    • Incident Response

Regional Analysis:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Thank you for reading our report. For further queries regarding the report or customization options, please connect with us. Our team will ensure you get a report well-suited to your needs.

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