Managed SIEM Services Market value: USD 7.12 billion in 2023, Featuring Growing Trends and Opportunities by 2030

MarkNtel Advisors – Leading Market Research Company found Global Managed SIEM Services Market is expected to reach 17.4% CAGR Growth By 2030.

This report provides a comprehensive analysis of the Global Managed SIEM Services Market, with a focus on market size, segmentation, key players, geographical analysis, and growth in the coming years. The expert team of analysts invested considerable time and effort in collecting and analyzing the latest market data, producing a comprehensive and current report that provides valuable insights for decision-makers, including business owners and analysts.

Comprehensive Analysis of the Managed SIEM Services Market

Base Year: 2023

Forecast Years: 2024-2030

Historical Years: 2019-2022

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Scope of the Managed SIEM Services Market Report:

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. The rising demand for managed SIEM services is propelled by the rapid evolution of the cybersecurity landscape, which is highlighted by an escalation in sophisticated cyber risks. With the concept of digital transformation across various industries and increasing awareness of adopting proactive security measures, the market is growing at a faster rate. Moreover, organizations are increasingly grappling with the complexities of safeguarding their digital assets, which has further heightened the allure of outsourcing to managed service providers. Thus, this appeal is particularly amplified by the scarcity of proficient cybersecurity experts.

Which prominent factor is expected to drive the Managed SIEM Services Market during 2024-30?

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.

What are the different Segment Available in the Managed SIEM Services Market?

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.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/managed-siem-services-market.html

Leading Managed SIEM Services companies operating in the Market

• IBM
• AT&T
• Verizon
• NTT Data
• Capgemini
• BT
• NCC Group
• TCS
• Unisys
• OPTIV
• Vodafone
• Wipro
• Rapid7
• ManageEngine
• Trustwave
• Others.

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