SOC as a Service Market Forecast by 2029, Latest Drivers and Key Companies.
The market size for SOC as a Service is estimated in this report using 2021 as the base year and a forecast period of 2022 to 2029. According to this analysis, the SOC as a Service market will increase by millions of dollars by 2029 when compared to 2021. Over the next seven years, the revenue CAGR of the SOC as a Service market will skyrocket.
The SOC as a Service market research report includes detailed data on the market's size, price and revenue, trends, growth, and capacity, as well as a forecast for the years up to 2029. There is also a thorough examination of the main growth factors for this SOC as a Service market. This report is a thorough quantitative analysis of the market that provides data for developing strategies to increase growth and efficiency.
The attack surface of the majority of organisations has expanded quickly and significantly as a result of efforts to promote digital transformation and cloud services in order to increase efficiency, increase agility, and reduce costs. Cyber attackers use these trends to access internal and cloud applications, systems, services, and data from outside the corporate network as the workforce becomes more mobile and remote. The number of people working from home increased quickly during the COVID-19 pandemic, accelerating this trend and escalating risks.
Request for free broacher: https://www.maximizemarketresearch.com/request-sample/30264
SOC as a Service Market Overview:
SOC introduces the ability to recognise, enquire into, and address specific cyberthreats. Both people and technology support SOC. The service types of the SOC as a service market are prevention service, detection service, and incident response service. Some of the applications of the SOC as a service market include network security, endpoint security, application security, and database security. Some of the end-users of the SOC as a service market include the Banking, Financial Services, and Insurance (BFSI), Government and Public Sector, IT and Telecom, Healthcare, Retail, Manufacturing, and Energy and Utilities sectors.
COVID 19 Impact:
COVID-19 has an impact on the market, and as its impact spreads in 2019 and 2020, it will also influence the growth rate. The COVID-19 crisis is requiring businesses and organisations to manage risk and digitise operations to give decision-makers trustworthy data and experiences. The most recent research, viewpoints, and insights from MMR on the management issues that affect businesses and organisations most regarding the market support this.
Request for Free sample Pages: https://www.maximizemarketresearch.com/request-sample/30264
SOC as a Service Market Segment:
The market is divided into banking, financial services, and insurance, government, and public sector, IT and telecommunications, healthcare, retail, manufacturing, energy and utilities, and others based on the industry vertical. During the forecast period of 2022-2029, the Banking, Financial Services, and Insurance (BFSI) segment is anticipated to expand quickly. BFSI is one of the most alluring industries for hacktivists or cybercriminals due to a few factors, including an increase in third-party transaction frauds, operational and deployment issues, and state-sponsored attacks. SOC tools assist in lowering threats and fraud in the BFSI sector. These are the driving forces behind the BFSI segment's expansion on the global market between 2022 and 2029.
Top Companies in SOC as a Service Market:
- AlienVault
- BlackStratus
- Cygilant
- Thales e-Security
- Alert Logic
- Proficio
- Netmagic Solutions
- Arctic Wolf Networks
- AQM Technologies
- ESDS Software Solution
- Suma Soft
- GA Systems
- Expel
- RadarServices
- StratoZen
Regional Analysis:
- North America (United States, Canada and Mexico)
- Europe (UK, Germany, France, Italy, Russia, Sweden, etc.)
- Asia-Pacific (China, Japan, South Korea, India, Australia, ASEAN, and Rest Of APAC)
- South America (Brazil, Argentina, etc.)
- Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
Important Features of the Reports:
- Comprehensive overview of the SOC as a Service market.
- SOC as a Service Market drivers, restraints, opportunities, and challenges region-wise.
- Explanations for market share and segmentation in detail.
- Current market trends and advancements
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Mobile Device Management, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
Contact Us:
3rd Floor, Navale IT park Phase 2,
Pune Bangalore Highway, Narhe,
Pune, Maharashtra 411041, India.
The global SOC-as-a-Service Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the soc-as-a-service market include Capgemini, Cisco Systems Inc., Secureworks Inc., Raytheon, Netmagic Solutions, Dark Matters Inc., Digital Guardian, Fortinet, Alertlogic, Rapid7 and others.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global SOC-as-a-Service Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/soc-as-a-service-market/download-sampleMarket DynamicsThe market is mainly driven by the rising adoption of cloud-based solutions across SMEs across the globe.
In addition, the increasing demand for network security, cryptanalysis, and malware reverse engineering to inspect network incidence are some of the prominent factors driving the growth of the market.
However, lack of knowledge of many security operations is the primary factor restraining the growth of the market.
Global SOC as a Service Market was valued at US$ 400.79 Mn in 2019 and is expected to reach US$ 1878.7 Mn by 2027, at a CAGR of 24.7% during a forecast period.The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters.
Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments.
The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.SOC as a service (security operations center as a service) provider comprises a dedicated team of information security experts that are responsible for exploring and monitoring the organization security posture 24/7.
In addition, demand for a network strategy implementing protective measures as well adds to the market growth of SOC Industry.
The major forces driving the Asia Pacific market growth are rising technology adoption, huge opportunities across government and public sector, and rise in the number of startups in the Asia Pacific economies, especially India.
In recent years, the Asia Pacific region has witnessed tremendous economic growth, political transformations, and social changes.Key development in SOC as a service market, In January 2018, SecureWorks Inc. a cyber-security company formed an alliance with Carahsoft, an IT solution supplier to deliver and protect critical data with the help of managed cyber security solutions focusing on the public sector.
