Security Operations Center as a Service Market Revenue Analysis & Region and Country Forecast

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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 latest market intelligence report offers valuable insights into the prevailing growth opportunities for the global Security Operations Center as a Service market and its intensely competitive scenario. The insightful data and information in the report have been gathered from a wide range of primary and secondary sources. This market report on Security Operations Center as a Service provides detailed information about the latest developments, trade regulations, import-export analyses, production analysis, and value chain optimization. It also analyses the impact of localized market players.

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.

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Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Security Operations Center as a Service market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

The leading market contenders listed in the report are:

IBM, ATT 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

The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.

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Market Segmentations of the Security Operations Center as a Service Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Security Operations Center as a Service market on the basis of product, application, and region:

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

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Regional Segmentation;

  • 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)

Key Points of the Geographical Analysis:

  • Data and information related to the consumption rate in each region
  • Estimated increase in the consumption rate
  • Proposed growth of the market share of each region
  • Geographical contribution to market revenue
  • Expected growth rate of the regional markets

Key point summary of the report:

  • The report offers a comprehensive overview of the Security Operations Center as a Service market size, share, and growth rate in the forecast duration.
  • It provides details about current scenario, historical data, giving an accurate Security Operations Center as a Service market forecast for the coming years.
  • The study categorizes the Security Operations Center as a Service market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
  • It also offers regional analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Table of Contents

  1. Executive Summary
  2. Research Methodology
  3. Market Overview
  4. Regional Landscape
  5. Global Market Analysis and Forecast by Types
  6. Global Market Analysis and Forecast by Applications
  7. Global Market Analysis and Forecast by Regions
  8. North America Market Analysis and Forecast
  9. Europe Market Analysis and Forecast
  10. Asia Pacific Market Analysis and Forecast
  11. Latin America Market Analysis and Forecast
  12. Middle East Africa Market Analysis and Forecast
  13. Competitive Landscape

In conclusion, the Security Operations Center as a Service Market report is an exhaustive database that will help readers formulate lucrative strategies. The Security Operations Center as a Service Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities,  challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

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