Middle East & Africa Core Banking Solution Market, by Services, 2017-2025
Global SECURITY OPERATION CENTER market [2017-2025] Rest of the World by Services
By Services, the market is segmented into Security Monitoring service, Information Security Incident Response service, Threat and Vulnerability Identification, Digital Forensics and malware Analysis service, Risk reporting and analytics service, and Others (2017-2025)
| Label | Security Monitoring service | Information Security Incident Response service | Threat and Vulnerability Identification | Digital Forensics and malware Analysis service | Risk reporting and analytics service | Others |
|---|---|---|---|---|---|---|
| 2017 | 839.61 USD Mn | 580.76 USD Mn | 469.94 USD Mn | 376.14 USD Mn | 298.25 USD Mn | 171.94 USD Mn |
| 2018 | 869.42 USD Mn | 610.9 USD Mn | 503.14 USD Mn | 384.98 USD Mn | 313.96 USD Mn | 172.62 USD Mn |
| 2019 | 905.58 USD Mn | 647.08 USD Mn | 542.45 USD Mn | 396.78 USD Mn | 332.95 USD Mn | 174.52 USD Mn |
| 2020 | 949.53 USD Mn | 690.73 USD Mn | 589.39 USD Mn | 412.15 USD Mn | 356 USD Mn | 177.83 USD Mn |
| 2021 | 1003.12 USD Mn | 743.73 USD Mn | 645.98 USD Mn | 431.84 USD Mn | 384.1 USD Mn | 182.8 USD Mn |
| 2022 | 1068.74 USD Mn | 808.53 USD Mn | 714.87 USD Mn | 456.88 USD Mn | 418.6 USD Mn | 189.75 USD Mn |
| 2023 | 1149.54 USD Mn | 888.45 USD Mn | 799.65 USD Mn | 488.6 USD Mn | 461.3 USD Mn | 199.11 USD Mn |
| 2024 | 1249.72 USD Mn | 987.97 USD Mn | 905.24 USD Mn | 528.81 USD Mn | 514.63 USD Mn | 211.45 USD Mn |
| 2025 | 1374.93 USD Mn | 1113.27 USD Mn | 1038.44 USD Mn | 579.98 USD Mn | 581.98 USD Mn | 227.57 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
security monitoring service segment accounted for the largest market share in 2018, this market is expected to reach USD 1374.93 Million in 2025 from USD 869.42 Million in 2018. This market is projected to grow at a CAGR of 7.21% during the forecast period from 2019 - 2025. However, threat and vulnerability identification segment is the fastest growing market, which is expected to grow at a CAGR of 11.43% during the forecast period 2019 - 2025.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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