SOC as a Service Market Projection By Key Players, Status, Growth, Revenue, Swot Analysis Forecast Outlook 2025

SOC as a Service market - 2019-2025

SOC as a Service market - 2019-2025

Wiseguyreports.Com Adds "SOC as a Service market -Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2025" To Its Research Database.

PUNE, MAHARASHTRA, INDIA, March 19, 2020 / --   

SOC as a Service market - 2019-2025


Market Overview

Increasing penetration of internet and growing demand for connected devices increases chances of being attacked online. With significant rise in sophisticated cyber-attacks, the demand for SOC as a service (security operations centre) has increased tremendously. Moreover, cumbersome administration after threat detection has also fueled demand in the global SOC as a service (security operations centre) market.

Adding further, increasing dynamicity in business environment has encouraged organizations to adopt SOC as a service (security operations centre) solution for ensure better security for their data. Also, the indispensable need for compliance with different regulatory alliance such as GDPR, PCIDSS, and HIPAA will ensure the growth in this market.

With all these parameters being intact, geographical reach of SOC as a service (security operations centre), current trend in the market, and different ways adopted by key market participants will also influence the growth in the global SOC as a service (security operations centre) market. Systematic presentation all this information will give a clear insight about the market’s growth.

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The following manufacturers are covered:
Thales e-Security
Alert Logic
Arctic Wolf Networks
Netmagic Solutions
ESDS Software Solution
AQM Technologies
Suma Soft

Global SOC as a Service (Security Operations Centre) Market: Notable Developments

Key players in the global SOC as a service (security operations centre) market are engaged in enhancing SOC as a service (security operations centre). They are involved in different organic and inorganic activities to get a larger share in the global market. They are also improving security services to provide better security to their customers.

Alert Logic introduced a new SIEMless Threat Management to address compliance risks, cybersecurity threats, and other common resource constraints. This solution will work 24*7 for threat detection, have assigned SOC analyst support, and comprehensive Web Application Firewalls (WAFs).
Lately, Arctic Wolf Networks collaborated with Advance Financial to offer AWN CyberSOC, its cloud-based solution for Advance Financial customers. The aim of this solution is to provide continuous security monitoring, and will comply with Advance Financial regulations.

Besides, these there are various other companies that are also putting huge efforts in enhancing SOC as a service (security operations centre). In the global SOC as a service (security operations centre) market report, provides detailed information about the players and business development strategies used by them. It include Proficio, BlackStratus, Thales e-Security, Cygilant, Alert Logic, Arctic Wolf Networks, Netmagic Solutions, ESDS Software Solution, AQM Technologies, and Suma.

This report provides comprehensive analysis of
Key market segments and sub-segments
Evolving market trends and dynamics
Changing supply and demand scenarios
Quantifying market opportunities through market sizing and market forecasting
Tracking current trends/opportunities/challenges
Competitive insights
Opportunity mapping in terms of technological breakthroughs

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Global SOC as a Service (Security Operations Centre) Market: Trends and Opportunities

Increasing adoption of cloud-based solutions across SMEs is the key factor driving demand in the global SOC as a service (security operations centre) market. Leveraging machine learning, artificial intelligence, and blockchain technologies for cyber defense has further opened new growth avenues in this market.

But there is also the need to tackle scarcity of skilled cyber security professionals to meet the growing need for advanced cyber security solutions. Moreover, uncertainty faced by organizations related to cloud-based security services is expected to be addressed. 

Establishing Large Number of SMEs to Benefit Growth of SOC as a Service (Security Operations Centre)

Geographically, North America, Europe, the Middle East and Africa, Asia Pacific, and Latin America are the key regions covered in the global SOC as a service (security operations centre) market. Among these regions,

North America is expected to hold dominant share in this market. Presence of several vendors providing SOC as a service (security operations centre) and early adoption of SOC as a service (security operations centre) are the major regions behind the dominance of North America in the global SOC as a service (security operations centre) market. Multiple businesses in the region are implementing SOC as a service (security operations centre) at a significant rate to prevent threats at an early stage.

Asia Pacific is also expected to hold significant share due to increasing adoption of advanced technology. Moreover, growing number of startups across the region and supportive government policies has strengthened Asia Pacific position in the global SOC as a Service market.  Establishing large number of SMEs to cater high demand from large customer base has fueled growth in this market. Moreover, increasing sophisticated cyber-attacks in China, Japan, and India are introducing new national cyber security policies, thus, triggering demand for SOC as a service (security operations centre). 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

Competitive Landscape

The global SOC as a Service market is increasing rapidly as the breweries outperform the broader, stagnant category with their more flavorful offerings and rapid expansions (the off-trade value of the craft SOC as a Service market has been taken into consideration while evaluating the market share of key players). Offering a wide range of product portfolio, many prominent players in the global market, like Anheuser-Busch InBev, Molson Coors, Heineken, Boston Beer Company, Constellation Brands, SABMiller and Carlsberg Group accounted for a considerable market share globally. Over the past few years, expanding companies' presence in the emerging economies has been one among their key strategies responsible for their growth.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics Supply and demand
Market size Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis

Customization of the Report

Value chain analysis
Consumer behavior analysis at country level

Continued ...

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