Managed SIEM Services

Global Managed SIEM Services Market to Reach US$21.1 Billion by 2030

The global market for Managed SIEM Services estimated at US$8.5 Billion in the year 2024, is expected to reach US$21.1 Billion by 2030, growing at a CAGR of 16.4% over the analysis period 2024-2030. Fully Managed SIEM Services, one of the segments analyzed in the report, is expected to record a 17.5% CAGR and reach US$15.7 Billion by the end of the analysis period. Growth in the Co-Managed SIEM Services segment is estimated at 13.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.3 Billion While China is Forecast to Grow at 21.9% CAGR

The Managed SIEM Services market in the U.S. is estimated at US$2.3 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.7 Billion by the year 2030 trailing a CAGR of 21.9% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 12.0% and 14.8% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.1% CAGR.

Global Managed SIEM Services Market – Key Trends & Drivers Summarized

Why Are Managed SIEM Services Gaining Importance?

Security Information and Event Management (SIEM) services are essential for modern cybersecurity strategies, providing organizations with real-time monitoring, threat detection, and compliance management. As cyber threats become more sophisticated, businesses are turning to managed SIEM services to enhance security posture, reduce response times, and ensure regulatory compliance.

With the increasing adoption of cloud computing and remote work, traditional security measures are no longer sufficient. Managed SIEM solutions offer centralized security event monitoring, automated incident response, and threat intelligence, helping organizations stay ahead of emerging cyber risks.

How Are Innovations Enhancing the Performance of Managed SIEM Services?

The integration of artificial intelligence and machine learning into SIEM platforms is significantly improving threat detection accuracy. Advanced behavioral analytics enable proactive identification of anomalous activities, reducing false positives and enhancing security automation.

Security orchestration, automation, and response solutions are also enhancing SIEM capabilities, enabling organizations to automate incident response workflows. Additionally, cloud-native SIEM platforms are offering greater scalability and flexibility for businesses operating in multi-cloud environments.

What Are the Key Market Drivers?

The growing frequency and sophistication of cyberattacks, the increasing regulatory requirements for data protection, and the rise of remote work are key drivers of the managed SIEM services market. Organizations are prioritizing cybersecurity investments to safeguard sensitive data and prevent business disruptions.

The expansion of zero-trust security frameworks and the adoption of extended detection and response solutions are further driving demand for managed SIEM services. Additionally, the growing number of small and medium-sized enterprises seeking cost-effective security solutions is boosting market growth.

What Challenges and Future Opportunities Exist?

Challenges include the complexity of SIEM implementation, high costs of premium security services, and the risk of alert fatigue due to excessive security notifications. However, opportunities exist in the development of cloud-native SIEM solutions, artificial intelligence-driven threat intelligence, and integration with endpoint detection and response platforms for comprehensive cybersecurity coverage.

SCOPE OF STUDY:

The report analyzes the Managed SIEM Services market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Fully Managed SIEM Services, Co-Managed SIEM Services); Deployment (On-Premise Deployment, Cloud Deployment); Organization (Large Enterprises, Small & Medium-Sized Enterprises); Application (Log Management & Reporting, Threat Intelligence, Security Analytics, Other Applications); Vertical (BFSI Vertical, Government Vertical, Healthcare Vertical, Telecommunications Vertical, IT & ITES Vertical, Retail & E-Commerce Vertical, Energy & Utilities Vertical, Manufacturing Vertical, Other Verticals)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Select Competitors (Total 34 Featured) -

• ActZero
• ArmorPoint
• BlueVoyant
• Bulletproof
• Cipher Security LLC
• ControlScan (now part of VikingCloud)
• Corserva
• Cybriant
• Dimension Data (now NTT Ltd.)
• DXC Technology
• Exabeam
• LogRhythm Inc.
• Netsurion
• NTT Security Holdings
• Rapid7
• Securonix
• Splunk Inc.
• Sumo Logic
• Trustwave Holdings, Inc.
• UnderDefense

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.