SOC as a Service market – 2019-2025
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:
Arctic Wolf Networks
ESDS Software Solution
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
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.
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
Value chain and stakeholder analysis
Customization of the Report
- Value chain analysis
- Consumer behavior analysis at country level
The report includes six parts, dealing with:
1.) basic information;
2.) the Asia SOC as a Service Speaker Market;
3.) the North American SOC as a Service Speaker Market;
4.) the European SOC as a Service Speaker Market;
5.) market entry and investment feasibility;
6.) the report conclusion.
Table of Content: SOC as a Service
1 Study Coverage
2 Executive Summary
3 Breakdown Data by Manufacturers
4 Breakdown Data by Type
5 Breakdown Data by Application
11 Company Profiles
12 Future Forecast
13 Market Opportunities, Challenges, Risks and Influences Factors Analysis
14 Value Chain and Sales Channels Analysis
15 Research Findings and Conclusion
The key insights of The Report Research:
1.The report Research provides key statistics on the market status of the SOC as a Service manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report Research provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report Research presents the company profile, product specifications, capacity, production value, and 2019-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report Research estimates 2019-2025 market development trends of SOC as a Service industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report Research makes some important proposals for a new project of SOC as a Service Industry before evaluating its feasibility.
Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
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