Managed SIEM service companies have adopted product launches, mergers & acquisitions, and geographical expansions to augment their revenue and customer base. The market is fragmented, with a large number of players offering managed SIEM services. However, the major market players are Splunk Inc., IBM Corporation, AT&T Inc., Securonix, and Trustwave Holdings Inc. These companies have significant influence in the SIEM services industry as they consistently work to offer advanced cybersecurity services, as required by firms.
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