The global Security Operations Center (SOC) as a Service market size was USD 5.55 Billion in 2021 and is expected to register a revenue CAGR of 16.52% during the forecast period, according to latest analysis by Emergen Research. Increasing investment by major companies is projected to support market revenue growth between 2021 and 2030. For instance, on 19 December 2022, the USD 1.3 billion Series C investment was headed by Fenbushi Capital U.S., according to an announcement by the Singapore-based Amber Group, a leading global provider of digital assets. Family offices and other investors with experience in cryptocurrencies also participated in the most recent round. After receiving a USD 1.2 billion Series B+ investment earlier this year, Amber Group's Series C round represents the highest investment the company has ever received. The Amber Group has established itself as a significant player that is deliberately associated with financiers who have the same values and goals for the industry of digital assets.
The report is updated with the impact of the COVID-19 pandemic on the Security Operations Center as a Service market. Every industry vertical across the globe has been affected by the pandemic, and the report assesses if the impact of the pandemic on the Security Operations Center as a Service market has been positive or negative. It also sheds light on the effect of the financial difficulties and supply disruption caused by the pandemic in the overall growth of the market. Furthermore, the report covers a current and future impact assessment of the pandemic on the overall growth of the Security Operations Center as a Service market.
Competitive Outlook: The leading companies operating in the Security Operations Center as a Service market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Security Operations Center as a Service Market and Profiled in the Report are:
IBM, AT&T Intellectual Property, Verizon, NTT Group, ConnectWise, LLC, Proficio, Tata Consultancy Services, Atos SE, Check Point Software Technologies Ltd., Cloudflare, Inc., Arctic Wolf Networks Inc., and Musarubra US LLC
Objectives of the Report:
Study of the global Security Operations Center as a Service market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Security Operations Center as a Service market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Security Operations Center as a Service market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Security Operations Center as a Service market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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