The global Managed SIEM Services Market is estimated to be worth USD 7.5 billion in 2023 and is projected to reach USD 16.0 billion by 2028, at a CAGR of 16.3% during the forecast period. The managed SIEM services market is driven by the escalating sophistication and diversity of cyber threats and the increasing complexity of IT environments within organizations.
The Managed SIEM Services Market is Set for Significant Expansion, Driven by Key Trends and Innovations
To know about the assumptions considered for the study download the pdf brochure
Increasing Cybersecurity Threats:
Complex Regulatory Compliance Requirements:
Rapid Adoption of Cloud and Hybrid Infrastructures:
Advances in AI and Automation:
Shortage of Skilled Security Personnel:
Cost-Effective Security Solutions:
These factors collectively drive the growth of the Managed SIEM Services market, emphasizing the need for advanced security solutions in response to evolving cybersecurity threats and compliance challenges.
Managed SIEM Services Market Share - Global Industry Landscape
The Managed SIEM Services Market is characterized by the presence of several key players competing for market share. Some of the leading companies in the Managed SIEM Services industry include:
These companies are key players in the Managed SIEM (Security Information and Event Management) Services market, each offering a range of services and products. Here's an overview of their market share and key offerings:
AT&T (US):
Market Share: AT&T is a major player in the US cybersecurity market with a significant share due to its extensive network infrastructure.
Key Offering: Offers comprehensive cybersecurity services, including Managed SIEM, threat detection, security analytics, and endpoint security.
Advantio (Spain):
Market Share: Advantio has a strong presence in Europe, focusing on the Spanish market.
Key Offering: Specializes in cybersecurity consulting and compliance, with a focus on Managed SIEM, PCI DSS, and other regulatory frameworks.
BT (UK):
Market Share: BT is a significant UK-based player with a considerable share in the European market.
Key Offering: Provides Managed SIEM services, network security, threat intelligence, and compliance support.
CyberCX (Australia):
Market Share: CyberCX is a leading cybersecurity company in Australia, gaining prominence across the Asia-Pacific region.
Key Offering: Offers Managed SIEM, incident response, threat intelligence, and cybersecurity consulting services.
Capgemini (France):
Market Share: Capgemini is a global consulting firm with a strong presence in the European market.
Key Offering: Provides Managed SIEM services, IT consulting, cybersecurity solutions, and cloud integration.
Integrity360 (Ireland):
Market Share: Integrity360 has a notable presence in Ireland and the UK.
Key Offering: Specializes in Managed SIEM, security operations, threat detection, and cybersecurity consulting.
Each of these companies plays a crucial role in the Managed SIEM Services market, contributing to its growth and development through their unique offerings and market presence.
Related Reports:
Managed SIEM Services Market by Application (Log Management and Reporting, Threat Intelligence, Security Analytics), Type (Fully Managed, Co-Managed), Deployment Mode, Organization Size, Vertical and Region - Global Forecast to 2028
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
SEND ME A FREE SAMPLE