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LAMEA SOC as a Service Market Size, Share & Industry Trends Analysis Report By Type, By Vertical, By Component, By Offering Type, By Organization Size, By Application, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 135 Pages
  • May 2022
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5615380
The Latin America, Middle East and Africa SOC as a Service Market is expected to witness market growth of 13.0% CAGR during the forecast period (2022-2028).

This service’s vendors relieve in-house security teams of some of their responsibilities. It keeps an eye on security 24 hours a day, 7 days a week, and employs automation and data science to improve detection and give high-confidence alarms. Detection and remediation are faster and more efficient with higher-confidence signals. Working with a SOC-as-a-Support provider lowers the chance of a data breach, as well as the costs and brand harm that come with a successful attack.

Customers may need to adopt a customized endpoint detection and response (EDR) solution since managed detection and response services frequently rely on a limited or curated collection of data sources. Moreover, many MDR suppliers only offer a limited number of data sources. As a result, the scope and fidelity of threats discovered may be limited, if not fully eliminated. Threat identification and response is a critical priorities for security leaders. Also, threat detection and response became a critical security function as adversaries have proved the ability to overcome most protections. It's crucial to know the difference between a standard MDR and SOC-as-a-Service.

The LAMEA region is abundant in oil and gas companies and such companies are looking forward to a cloud service like SOC as a Service, as a highly intellectual intruders and hackers actively targeting such firms with rich confidential information, which if breached can hamper an entire industry. For instance, as per the Abu Dhabi Economic Vision 2030 and UAE Vision 2021, both government initiatives set out to create competitive knowledge economies and create an open, efficient, effective, and overall consolidated business environment in order to reduce reliance on oil revenue and set up a larger private sector. UAE investment in the ICT sector is central to its vision. The United Arab Emirates is attempting to expand its product development, manufacturing, and software programming industries. While the UAE continues to prosper in this industry, it remains a re-export hub for consumer ICT goods, with more than half of all exports to the UAE in various sub-sectors being re-exported to other countries.

Electronic hosting, database systems, file management, intranet portals, email, and meeting management systems are among the services provided by the Government Information Authority (GIA), which is currently developing cloud technologies for use by federal government institutions in the UAE. Citizens can presently transact business with four federal government departments using the SmartPass service, with plans to link the rest entities soon. The UAE government's massive investments in cloud computing, as well as the country's competitive business regulations and strong technological infrastructure, are expected to propel the regional growth forward.

The Brazil market dominated the LAMEA SOC as a Service Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $209.4 million by 2028. The Argentina market is experiencing a CAGR of 13.6% during (2022 - 2028). Additionally, The UAE market is expected to exhibit a CAGR of 12.7% during (2022 - 2028).

Based on Type, the market is segmented into Vulnerability Assessment & Threat Detection and Incident Response. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Manufacturing, Telecommunications, Government & Public Sector, Healthcare & Life Sciences, Transportation & Logistics, Energy & Utilities, and Others. Based on Component, the market is segmented into Professional Services and Solution. Based on Offering Type, the market is segmented into Co-managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Endpoint Security, Network Security, Cloud Security, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., IBM Corporation, NTT Data Corporation, Verizon Communications, Inc., Cloudflare, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., Atos Group, Tata Consultancy Services Ltd., and Profico.

Scope of the Study


Market Segments Covered in the Report:


By Type

  • Vulnerability Assessment & Threat Detection
  • Incident Response

By Vertical

  • BFSI
  • IT & ITeS
  • Manufacturing
  • Telecommunications
  • Government & Public Sector
  • Healthcare & Life Sciences
  • Transportation & Logistics
  • Energy & Utilities
  • Others

By Component

  • Professional Services
  • Solution

By Offering Type

  • Co-managed
  • Fully Managed

By Organization Size

  • Large Enterprises
  • Small & Medium Enterprises

By Application

  • Endpoint Security
  • Network Security
  • Cloud Security
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players


List of Companies Profiled in the Report:

  • AT&T, Inc.
  • IBM Corporation
  • NTT Data Corporation
  • Verizon Communications, Inc.
  • Cloudflare, Inc.
  • Fortinet, Inc.
  • Check Point Software Technologies Ltd.
  • Atos Group
  • Tata Consultancy Services Ltd.
  • Profico

Unique Offerings from KBV Research

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA SOC as a Service Market, by Type
1.4.2 LAMEA SOC as a Service Market, by Vertical
1.4.3 LAMEA SOC as a Service Market, by Component
1.4.4 LAMEA SOC as a Service Market, by Offering Type
1.4.5 LAMEA SOC as a Service Market, by Organization Size
1.4.6 LAMEA SOC as a Service Market, by Application
1.4.7 LAMEA SOC as a Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. LAMEA SOC as a Service Market by Type
4.1 LAMEA Vulnerability Assessment & Threat Detection Market by Country
4.2 LAMEA Incident Response Market by Country
Chapter 5. LAMEA SOC as a Service Market by Vertical
5.1 LAMEA BFSI Market by Country
5.2 LAMEA IT & ITeS Market by Country
5.3 LAMEA Manufacturing Market by Country
5.4 LAMEA Telecommunications Market by Country
5.5 LAMEA Government & Public Sector Market by Country
5.6 LAMEA Healthcare & Life Sciences Market by Country
5.7 LAMEA Transportation & Logistics Market by Country
5.8 LAMEA Energy & Utilities Market by Country
5.9 LAMEA Other Vertical Market by Country
Chapter 6. LAMEA SOC as a Service Market by Component
6.1 LAMEA Professional Services Market by Country
6.2 LAMEA Solution Market by Country
Chapter 7. LAMEA SOC as a Service Market by Offering Type
7.1 LAMEA Co-managed Market by Country
7.2 LAMEA Fully Managed Market by Country
Chapter 8. LAMEA SOC as a Service Market by Organization Size
8.1 LAMEA Large Enterprises Market by Country
8.2 LAMEA Small & Medium Enterprises Market by Country
Chapter 9. LAMEA SOC as a Service Market by Application
9.1 LAMEA Endpoint Security Market by Country
9.2 LAMEA Network Security Market by Country
9.3 LAMEA Cloud Security Market by Country
9.4 LAMEA Others Market by Country
Chapter 10. LAMEA SOC as a Service Market by Country
10.1 Brazil SOC as a Service Market
10.1.1 Brazil SOC as a Service Market by Type
10.1.2 Brazil SOC as a Service Market by Vertical
10.1.3 Brazil SOC as a Service Market by Component
10.1.4 Brazil SOC as a Service Market by Offering Type
10.1.5 Brazil SOC as a Service Market by Organization Size
10.1.6 Brazil SOC as a Service Market by Application
10.2 Argentina SOC as a Service Market
10.2.1 Argentina SOC as a Service Market by Type
10.2.2 Argentina SOC as a Service Market by Vertical
10.2.3 Argentina SOC as a Service Market by Component
10.2.4 Argentina SOC as a Service Market by Offering Type
10.2.5 Argentina SOC as a Service Market by Organization Size
10.2.6 Argentina SOC as a Service Market by Application
10.3 UAE SOC as a Service Market
10.3.1 UAE SOC as a Service Market by Type
10.3.2 UAE SOC as a Service Market by Vertical
10.3.3 UAE SOC as a Service Market by Component
10.3.4 UAE SOC as a Service Market by Offering Type
10.3.5 UAE SOC as a Service Market by Organization Size
10.3.6 UAE SOC as a Service Market by Application
10.4 Saudi Arabia SOC as a Service Market
10.4.1 Saudi Arabia SOC as a Service Market by Type
10.4.2 Saudi Arabia SOC as a Service Market by Vertical
10.4.3 Saudi Arabia SOC as a Service Market by Component
10.4.4 Saudi Arabia SOC as a Service Market by Offering Type
10.4.5 Saudi Arabia SOC as a Service Market by Organization Size
10.4.6 Saudi Arabia SOC as a Service Market by Application
10.5 South Africa SOC as a Service Market
10.5.1 South Africa SOC as a Service Market by Type
10.5.2 South Africa SOC as a Service Market by Vertical
10.5.3 South Africa SOC as a Service Market by Component
10.5.4 South Africa SOC as a Service Market by Offering Type
10.5.5 South Africa SOC as a Service Market by Organization Size
10.5.6 South Africa SOC as a Service Market by Application
10.6 Nigeria SOC as a Service Market
10.6.1 Nigeria SOC as a Service Market by Type
10.6.2 Nigeria SOC as a Service Market by Vertical
10.6.3 Nigeria SOC as a Service Market by Component
10.6.4 Nigeria SOC as a Service Market by Offering Type
10.6.5 Nigeria SOC as a Service Market by Organization Size
10.6.6 Nigeria SOC as a Service Market by Application
10.7 Rest of LAMEA SOC as a Service Market
10.7.1 Rest of LAMEA SOC as a Service Market by Type
10.7.2 Rest of LAMEA SOC as a Service Market by Vertical
10.7.3 Rest of LAMEA SOC as a Service Market by Component
10.7.4 Rest of LAMEA SOC as a Service Market by Offering Type
10.7.5 Rest of LAMEA SOC as a Service Market by Organization Size
10.7.6 Rest of LAMEA SOC as a Service Market by Application
Chapter 11. Company Profiles
11.1 AT&T, Inc.
11.1.1 Company Overview
11.1.2 Financial Analysis
11.1.3 Segmental and Regional Analysis
11.1.4 Research & Development Expense
11.1.5 Recent strategies and developments:
11.1.5.1 Acquisition and Mergers:
11.2 IBM Corporation
11.2.1 Company Overview
11.2.2 Financial Analysis
11.2.3 Regional & Segmental Analysis
11.2.4 Research & Development Expenses
11.2.5 Recent strategies and developments:
11.2.5.1 Partnerships, Collaborations, and Agreements:
11.2.5.2 Acquisition and Mergers:
11.2.5.3 Geographical Expansions:
11.3 NTT Data Corporation
11.3.1 Company overview
11.3.2 Financial Analysis
11.3.3 Segmental Analysis
11.3.4 Research & Development Expense
11.3.5 Recent strategies and developments:
11.3.5.1 Partnerships, Collaborations, and Agreements:
11.3.5.2 Acquisition and Mergers:
11.3.5.3 Geographical Expansions:
11.3.6 SWOT Analysis
11.4 Verizon Communications, Inc.
11.4.1 Company Overview
11.4.2 Financial Analysis
11.4.3 Segmental Analysis
11.5 Cloudflare, Inc.
11.5.1 Company Overview
11.5.2 Financial Analysis
11.5.3 Regional Analysis
11.5.4 Research & Development Expense
11.5.5 Recent strategies and developments:
11.5.5.1 Partnerships, Collaborations, and Agreements:
11.5.5.2 Acquisition and Mergers:
11.6 Fortinet, Inc.
11.6.1 Company Overview
11.6.2 Financial Analysis
11.6.3 Regional Analysis
11.6.4 Research & Development Expenses
11.6.5 Recent strategies and developments:
11.6.5.1 Product Launches and Product Expansions:
11.6.5.2 Acquisition and Mergers:
11.7 Check Point Software Technologies Ltd.
11.7.1 Company Overview
11.7.2 Financial Analysis
11.7.3 Regional Analysis
11.7.4 Research & Development Expense
11.7.5 Recent strategies and developments:
11.7.5.1 Product Launches and Product Expansions:
11.8 Atos Group
11.8.1 Company Overview
11.8.2 Financial Analysis
11.8.3 Segmental Analysis
11.8.4 Recent strategies and developments:
11.8.4.1 Partnerships, Collaborations, and Agreements:
11.8.4.2 Geographical Expansions:
11.9 Tata Consultancy Services Ltd.
11.9.1 Company Overview
11.9.2 Financial Analysis
11.9.3 Segmental and Regional Analysis
11.9.4 Research & Development Expenses
11.9.5 Recent strategies and developments:
11.9.5.1 Product Launches and Product Expansions:
11.9.6 SWOT Analysis
11.10. Profico
11.10.1 Company Overview
11.10.2 Recent strategies and developments:
11.10.2.1 Partnerships, Collaborations, and Agreements:
11.10.2.2 Product Launches and Product Expansions:

Companies Mentioned

  • AT&T, Inc.
  • IBM Corporation
  • NTT Data Corporation
  • Verizon Communications, Inc.
  • Cloudflare, Inc.
  • Fortinet, Inc.
  • Check Point Software Technologies Ltd.
  • Atos Group
  • Tata Consultancy Services Ltd.
  • Profico

Methodology

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