The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Managed SIEM Services Market Industry (2024-2030):

According to the latest report, 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. . The report demonstrates the prominent factors propelling the exponential growth of the Global Managed SIEM Services Market.

Key Takeaways: Beneficial for Stakeholders and Clients

• Historic Period: 2019-2022
• Base year: 2023
• Forecast Years: 2024-2030
• CAGR (2024-30): 17.4%
• Market Value (2023): USD 7.12 Billion

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Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/managed-siem-services-market.html

What key trends are shaping the future of the Global Managed SIEM Services Market industry?

Convergence of SIEM with Endpoint Detection and Response (EDR) & Security Orchestration, Automation, and Response (SOAR) – The convergence of SIEM with EDR & SOAR represents a significant trend in the cybersecurity market, driven by the need for more comprehensive threat detection, response, and mitigation capabilities. This convergence helps in reshaping the landscape of cybersecurity operations, offering organizations enhanced visibility, efficiency & effectiveness in managing security incidents. In addition, managed security service providers (MSSPs) capitalize on the convergence of SIEM, EDR, and SOAR by catering to clients with integrated security solutions. With this, MSSPs are capable to differentiate their offerings and capture market share.

Global Managed SIEM Services Market Segmentation

The Global Managed SIEM Services Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

• 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)
• 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

As per the regional aspect, the Global Managed SIEM Services Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report- https://www.marknteladvisors.com/research-library/managed-siem-services-market.html

Top Companies 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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