SOC-as-a-Service Market : Global Analysis, Size, Share, Growth, Trends & Forecast to 2031

As per a recent analysis by Future Market Insights (FMI), the global SOC-as-a-Service market is projected to total US$ 1.08 Bn in 2021. Expanding at 24.3% CAGR, total revenue is anticipated to reach US$ 9.5 Bn by 2031.

Future Market Insights (FMI) has published a new market research report on social employee recognition systems. The report has been titled, Global SOC-as-a-Service Market: Global Industry Analysis, Forecast. Long-term contracts with large enterprises and private companies are likely to aid the expansion of business revenues, and innovation in the industry will enable social employee recognition system vendors to reach out to new potential customers in emerging markets. These factors are expected to help the global market for social employee recognition systems observe stellar growth in next few years.

Rising incidence of data breach and cyber-attacks in small, medium, and large scale enterprises across the globe is spurring the demand for effective SOC-as-a-Service solutions. Prevalence of remote work culture due to worldwide lockdown restrictions is resulting in high risk for cybercrimes and phishing.

Request a Report Sample to gain comprehensive market insights @
https://www.futuremarketinsights.com/reports/sample/rep-gb-13071

Key Points Covered in SOC-as-a-Service Market Survey

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on SOC-as-a-Service and how to Navigate
• Recommendation on Key Winning Strategies

Competitive Landscape

Companies operating in the SOC-as-a-Service market are aiming at product innovation and strategic partnerships with other manufacturers to expand their product portfolios to  address the demand from an expanding customer pool. Fos instance:

• In December 2020, Alert Logic, Inc. launched automated response solution for Amazon Web Services (AWS) environments. Alert Logic MDR SOAR delivers pre-built and customized playbooks ensure security teams to protect organizations from threats.

• In December 2019, Fortinet, Inc. acquired CyberSponse. This acquisition helps the company to improve security orchestration, automation, and response addition to Fortier. Also it empowers security operations teams to achieve higher efficiencies and accelerate incident response.

Get more Insights Analysis on this SOC-as-a-Service Market @
https://www.futuremarketinsights.com/ask-question/rep-gb-13071

Queries Solved

• What is the size of the overall SOC-as-a-Service Market in the Technology Industry and its segments?
• What are the key segments and sub-segments in the market?
• What are the key drivers, restraints, opportunities, and challenges of the SOC-as-a-Service Market in the Technology Industry, and how they are expected to impact the market?
• What is the SOC-as-a-Service Market in the Technology Industry size at the regional and country-level?
• What are the key market players focusing on?
• What are the strategies for growth adopted by the key players in SOC-as-a-Service Market in the Technology Industry?

Segmentation

The SOC-as-a-Service market is segmented into application, form, end use industry, source and geography.