DUBLIN--(BUSINESS WIRE)--The "Global SOC as a Service Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
The Global SOC as a Service market is expected to reach $1,948.41 million by 2026 growing at a CAGR of 26.7% during 2019 to 2026.
SOC as a service is a cloud-based service that supports enterprises outsources the entire security operation, such as managing endpoints, network, application, database, and server's websites. It delivers the necessary cybersecurity skills essential to combat sophisticated cyber-attacks. It provides excellent response and detection services for mitigating risks at an initial stage. SOC as a service provider comprises of an enthusiastic team of information security experts that are responsible for monitoring and analyzing and the organization's security posture 24/7.
Factors such as increasing venture capital funding, growing investments in SOC as a service technology, exponential rise and sophistication of cyber-attacks and cumbersome administration after threat detection are driving the market growth. However, uncertainty about cloud-based security services among organizations and lack of trust among enterprises may hinder the market growth.
Amongst end user, government and public sector organizations deal with critical data and information. These organizations have seen the strong adoption of advanced technologies in recent years. Through the initiatives of digital governance and smart cities, governments are heavily deploying modern technological solutions. The applications used in the government and public sector industry vertical are becoming prime targets for cybercriminals to access sensitive data. Therefore, government and public sector registers the highest growth rate during the forecast period.
The key vendors mentioned are RKON, VxCloud, Arctic Wolf Networks, Claranet, DataEndure, Netmagic Solutions, Alert Logic, GA Systems, AQM Technologies, BlackStratus, Realdolmen, Proficio, Suma Soft, Thales Group, JUMPSEC, AT&T, Cygilant, SecureWorks Inc., Cisco Systems Inc., Broadcom Inc. (Symantec Corporation), Capgemini SE, and Raytheon Company.
Key Questions Answered in this Report:
- How this market evolved since the year 2018
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analysed during the forecast period
Key Topics Covered:
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global SOC as a Service Market, By Service Type
5.1 Introduction
5.2 Detection Service
5.3 Prevention Service
5.4 Incident Response Service
5.5 Software as a Service (SaaS)
5.6 Platform as a Service (PaaS)
6 Global SOC as a Service Market, By Component
6.1 Introduction
6.2 Services
6.3 Solution
7 Global SOC as a Service Market, By Offering Type
7.1 Introduction
7.2 Co-Managed or Hybrid
7.3 Fully Managed
8 Global SOC as a Service Market, By Application
8.1 Introduction
8.2 Application Security
8.3 Database Security
8.4 Network Security
8.5 Endpoint Security
9 Global SOC as a Service Market, By End User
9.1 Introduction
9.2 Manufacturing
9.3 Energy and Utilities
9.4 Banking, Financial Services, and Insurance
9.5 Healthcare & Life Sciences
9.6 IT and Telecom
9.7 Retail & Consumer Goods
9.8 Government and Public sector
9.9 Education
9.10 Logistics and Transportation
9.11 Pharmaceutical
10 Global SOC as a Service Market, By Product Type
10.1 Introduction
10.2 On Premises
10.3 Cloud Based
11 Global SOC as a Service Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Strategic Benchmarking
13 Vendors Landscape
13.1 RKON
13.2 VxCloud
13.3 Arctic Wolf Networks
13.4 Claranet
13.5 DataEndure
13.6 Netmagic Solutions
13.7 Alert Logic
13.8 GA Systems
13.9 AQM Technologies
13.10 BlackStratus
13.11 Realdolmen
13.12 Proficio
13.13 Suma Soft
13.14 Thales Group
13.15 JUMPSEC
13.16 AT&T
13.17 Cygilant
13.18 SecureWorks Inc.
13.19 Cisco Systems Inc.
13.20 Broadcom Inc. (Symantec Corporation)
13.21 Capgemini SE
13.22 Raytheon Company
For more information about this report visit https://www.researchandmarkets.com/r/thl06d
