SOC-as-a-Service Market 2021 by Global Key Players, Types, Applications, Countries, Industry Size and Forecast to 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. The report presents an in-depth analysis of key growth drivers and trends that are likely to impact the market in upcoming years. With the adoption of cloud computing and artificial intelligence, the technology industry is expected to witness a healthy growth over the forecast period. Increasing competitive pressure and advanced digital transformation in the area of data analytics and artificial intelligence are likely to improve the growth outlook for the SOC-as-a-Service market in the upcoming decade.

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.

According to the FMI’s report, Changes in consumer behavior, robust product innovations, and expanding distribution networks continue to influence growth of the SOC-as-a-Service market. FMI’s analysts rely on unique research methods and comprehensive data study of the current and upcoming trends of the SOC-as-a-Service market report and gather data from a wide range of primary and secondary sources.

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Impact of COVID-19 on SOC-as-a-Service Market

With the onset of COVID-19, there has been a significant impact on the technology sector. Disruptions of electronic supply-value chain and raw material supply have adversely impacted the technology industry. However, there has been a positive impact on the industry with the adoption of remote working. Rapid focus on integrating digital techniques and big data analytics in IT services and technology industry are expected to result in a healthy outlook.

soc as a service market key regions and applications mekko chart 2021

FMI’s recently published report has a chapter exclusively dedicated to COVID-19 impact analysis. This is intended to aid SOC-as-a-Service market stakeholders in deploying innovative strategies to overcome the challenges that are likely to affect the SOC-as-a-Service market.

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Key Questions Addressed in the SOC-as-a-Service Market Report

  1. How will the SOC-as-a-Service market expand through 2031?
  2. Which are the major key growth drivers and opportunities driving the market growth?
  3. What are the recent technological developments in the SOC-as-a-Service market?
  4. What are key challenges and competition threats faced by SOC-as-a-Service market players?
  5. Which region is the most lucrative in the SOC-as-a-Service market?

SOC-as-a-Service Market: Competitive Analysis

The FMI’s SOC-as-a-Service market report provides a detailed analysis of prominent players as well as emerging companies operating in the SOC-as-a-Service market. Some of the key players are:

  • Secureworks Inc.
  • Raytheon
  • Netmagic Solutions
  • Dark Matters Inc.
  • Digital Guardian
  • Fortinet
  • Alertlogic
  • Rapid7
  • F5 Networks
  • Netdatavault

With an extensive SWOT analysis, the FMI’s study provides the strengths, weaknesses, growth prospects and product expansion within the players. The report also offers key players marketing strategies, recent mergers and acquisitions and pricing strategy to gain a competitive edge in the industry.

SOC-as-a-Service Market: Key Segmentation

By Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific excluding Japan
  • Japan
  • Middle East & Africa

Incisive coverage of the regional markets offers deeper insights on the market performance across key regions along with relevant graphs, figures, and list of tables.

Based on Service Type:

  • Prevention Service
  • Detection Service
  • Incident Response Service
  • Others

Based on Application:

  • Network Security
  • Endpoint Security
  • Application Security
  • Others

Based on Industry:

  • BFSI
  • Healthcare
  • Government and Public Sector
  • IT and Telecom
  • Retail
  • Manufacturing
  • Others

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Why Buy FMI’s Report?

  • Extensive analysis on key trends and opportunities on the industries ongoing trends in different regions across the globe
  • All-inclusive assessment on recent technological advancements and forecast of the upcoming decade
  • A comparative analysis of leading players and emerging players in the SOC-as-a-Service market
  • Reliable information on new product launches, organic and inorganic strategies, and more
  • Valuable insights on the impact of regulatory framework on the global SOC-as-a-Service market

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 are the attractive investment opportunities within the SOC-as-a-Service Market in the Technology Industry?
  • 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?
  • What are the recent trends in SOC-as-a-Service Market in the Technology Industry? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the SOC-as-a-Service Market in the growth of the Technology Industry?
  • What are the key market trends impacting the growth of the SOC-as-a-Service Market in the Technology Industry?
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