Saudi Arabia managed security information and event management (SIEM) market is projected to grow from $ 34.5 million in 2019, exhibiting a CAGR of around 18% during the forecast period. Growth in the market is expected to be driven by alarming increase in the number of incidents of cybercrimes, growing number of online transactions and surge in demand for the internet of things (IoT) market. Some of the other key factors expected to fuel Saudi Arabia managed SIEM market are growing bring your own device (BYOD) concept, rising demand for industrial control systems (ICS) security and increasing adoption of cloud based managed SIEM among SMEs. Some of the major players operating in Saudi Arabia managed SIEM market are IBM Middle East FZ-LLC, Wipro Arabia Limited, Splunk Inc., LogRhythm Inc., McAfee LLC, Cognizant Technology Solution Saudi Arabia L.L.C., SolarWinds Corporation, Exabeam Inc., AlienVault Inc. and Injazat Data Systems LLC. The market is highly fragmented due to the presence of a large number of micro, medium and small players in Saudi Arabia managed SIEM market. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=3761 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/saudi-arabia-managed-security-information-and-event-management-siem-market/3761.html