Cyberattacks on Financial Sector Will Drive East Africa SOC as a Service Market The global East Africa SOC as a service market was valued at $67.8 million in 2022, and this number is expected to reach $131.5 million by 2030, advancing at a CAGR of 8.3% during 2022–2030, as per P&S Intelligence. This can be ascribed to the need for digital transaction management, growing government support, snowballing safety concerns throughout organizations, and mounting acceptance of enhanced technologies in emerging economies, including Uganda, Kenya, Rwanda, Burundi, and Tanzania. The large enterprises category is projected to generate the higher revenue, of $114.8 million, by 2030. Furthermore, large enterprises have numerous processes; therefore, they are always applying new and advanced technologies to prevent, detect, and safety from any kind of cyberattack. In 2022, the BFSI industry is the biggest end user in the east African SOC as a service market, since it can be considered the most fascinating market for cybercriminals due to its nature of business. Normally, a worker of a financial service association gets access to approximately 11 million documents on the day of joining. This count increases to 20 million documents for employees working in large companies. Read More: https://www.psmarketresearch.com/market-analysis/east-africa-soc-as-a-service-market
Cyberattacks on Financial Sector Will Drive East Africa SOC as a Service Market The global East Africa SOC as a service market was valued at $67.8 million in 2022, and this number is expected to reach $131.5 million by 2030, advancing at a CAGR of 8.3% during 2022–2030, as per P&S Intelligence. This can be ascribed to the need for digital transaction management, growing government support, snowballing safety concerns throughout organizations, and mounting acceptance of enhanced technologies in emerging economies, including Uganda, Kenya, Rwanda, Burundi, and Tanzania. The large enterprises category is projected to generate the higher revenue, of $114.8 million, by 2030. Furthermore, large enterprises have numerous processes; therefore, they are always applying new and advanced technologies to prevent, detect, and safety from any kind of cyberattack. In 2022, the BFSI industry is the biggest end user in the east African SOC as a service market, since it can be considered the most fascinating market for cybercriminals due to its nature of business. Normally, a worker of a financial service association gets access to approximately 11 million documents on the day of joining. This count increases to 20 million documents for employees working in large companies. Read More: https://www.psmarketresearch.com/market-analysis/east-africa-soc-as-a-service-market
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East Africa SOC as a Service Market Estimation Report, 2030
The East Africa SOC as a service market stood at $67.8 million in 2022, and it is expected to advance at a compound annual growth rate of 8.3% from 2022–2030.
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