Security Operations Center as a Service Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031

Security operations center as a service market is anticipated to grow at a significant CAGR of 14.6% during the forecast period (2024-2031).Cyber threat prevention, detection, investigation, and response are the responsibilities of a security operations center. An operations center handles potential threats to computer systems and sensitive data in addition to carrying out comprehensive network supervision for a business.The number of data breaches is rising, leading to an increased focus on the cybersecurity process.

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The volume and complexity of cyberattacks are rising quickly in emerging economies, and incident response teams are straining to find timely, skilled, and resource-rich solutions to prevent these kinds of attacks. Organizations are embracing new trends and innovations through digital transformation as a result of the unprecedented amount of security threats and dangers they face from growing workforces, clientele, and partners. IBM estimates that the average cost of a data breach in all industry verticals in 2020 was $67.7 million.

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  • Market Coverage
  • Market number available for – 2024-2031
  • Base year- 2023
  • Forecast period- 2024-2031
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Market Segmentation

Global Security Operations Center (SOC) as a Service Market by Security Type

  • Hardware Security Modules (HSMs)
  • Trusted Execution Environment (TEE)
  • Security Updates and Patch Management
  • Secure Communication Protocols

Global Security Operations Center (SOC) as a Service Market by Application

  • Smartphones
  • Automotive
  • Consumer Electronics
  • Healthcare
  • Telecommunication
  • Others

Regional Analysis

  • North America
  • United States
  • Canada
  • Europe
  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific
  • Rest of the World
  • Latin America
  • The Middle East & Africa

Company Profiles 

  • Alert Logic Inc.
  • AT&T Inc.
  • Atos SE
  • Broadcom Inc.
  • Capgemini Services SAS
  • CenturyLink Inc.
  • Cloudflare
  • ESDS
  • FireEye Inc.
  • Fortinet Inc.
  • Fortra
  • Fujitsu Ltd.
  • Lumen Technologies Inc.
  • Marvell Technology, Inc.
  • NTT Security Ltd.
  • SecureWorks Inc.
  • STMicroelectronics
  • Thales
  • Trustwave Holdings Inc.
  • Verizon Communications Inc.

The Report Covers

  • Market value data analysis of 2023 and forecast to 2031.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global security operations center as a service market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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