MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled Managed SIEM Services Market Research Report: Forecast (2024–2030). This report provides a detailed assessment of the Managed SIEM Services, covering its evolving dynamics, emerging trends, key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

Market Timeline Overview

• Historical Years: 2019–22
• Base Year: 2023
• Forecast Years: 2024–30

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

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In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Managed SIEM Services Market Outlook

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 rising demand for managed SIEM services is propelled by the rapid evolution of the cybersecurity landscape, which is highlighted by an escalation in sophisticated cyber risks. With the concept of digital transformation across various industries and increasing awareness of adopting proactive security measures, the market is growing at a faster rate. Moreover, organizations are increasingly grappling with the complexities of safeguarding their digital assets, which has further heightened the allure of outsourcing to managed service providers. Thus, this appeal is particularly amplified by the scarcity of proficient cybersecurity experts.

Managed SIEM Services Market Drivers:

Rising Cyber Threats & Risks to Instigate the Market Growth – The global growth of the Managed SIEM Services Market has been driven by the rising occurrence of cyber threats, including malware, ransomware, and targeted attacks. The Managed SIEM Services offer robust cybersecurity solutions for continuous monitoring and detection of cyber risks, as these services are equipped with advanced analytics & risk intelligence for proactively safeguarding the cyber-attack. This, in turn, has aided in elevating the market demand in the following years.

View Full Report (All Data, In One Place): - https://www.marknteladvisors.com/research-library/managed-siem-services-market.html  (Explore in-depth analyses, technological trends, and investment patterns.)

Managed SIEM Services Market Trends:

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.

Managed SIEM Services Market Segmentation

The study categorizes the Managed SIEM Services into various segments and sub-segments, each analyzed for its size, growth potential, and contribution to the overall industry.

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)

Geographical Analysis

The report presents detailed insights into the market’s geographical expansion, highlighting key trends and opportunities across the following geographies:

By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific.

Talk to Our Industry Analyst:  - https://www.marknteladvisors.com/query/talk-to-our-consultant/managed-siem-services-market.html  Get personalized insights into company strategies and regional market dynamics.)

Leading Companies in Managed SIEM Services Market Worldwide: Players, Analysis & Future Outlook

• IBM
• AT&T
• Verizon
• NTT Data
• Capgemini
• BT
• NCC Group
• TCS
• Unisys
• OPTIV
• Vodafone
• Wipro
• Rapid7
• ManageEngine
• Trustwave
•  

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2024 to 2030.
• Growth Drivers & Challenges: Clear insights into factors feeling or restraining market expansion.
• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.
• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/managed-siem-services-market.html   

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the Managed SIEM Services?
   2. What are the major factors driving this market’s growth?
   3. Which regions are expected to lead the Managed SIEM Services?
   4. Who are the prominent players in the Managed SIEM Services?
   5. How is the competition structured in this market?
   6. How can I access the full report?

About Us

MarkNtel Advisors is a global research and consulting leader providing actionable intelligence across the ICT & electronics industry, spanning electronic equipment & services, software, and digital infrastructure. We analyze the impact of technologies like AI, IoT, and cloud computing on global business ecosystems. Through Consulting Services, we help technology providers and investors interpret emerging market data, refine digital strategies, and adapt to continuous innovation cycles in the connected economy.

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