Global Managed SIEM Services Market Overview: 2024-2030

Base Year: 2023

Historical Years:    2019-22

Forecast Years: 2024-2030

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.

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Global Managed SIEM Services Market Dynamics: 2024-2030

Global Managed SIEM Services Market Driver:

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.

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Global Managed SIEM Services Market (2024-30): Segmentation Outlook

The market report has segmented the market into the following categories:

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)

The Fully Managed segment contributes to the largest share in the Managed SIEM Services Market during 2024-2030.

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

The largest market size in the Managed SIEM Services Market is anticipated to be held by the Asia-Pacific region owing to numerous factors. 

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Top Companies Operating in the Global Managed SIEM Services Market:

IBM, SAP, Oracle, Informatica, AWS, NetApp, Tera Data, K2 View, Talend, Denodo, Google, Microsoft, HPE, Snowflake, Radiant Logic, and Others.

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