Reports
Sale
Global SOC as a Service Market Size, Share, Forecast: By Service Type: Threat Detection and Incident Response, Managed SIEM and Log Management, Vulnerability Scanning and Assessment, GRC; By Application: Application Security, Others; By Enterprise Size; By Industry Vertical; Regional Analysis; Competitive Landscape; 2024-2032
Global SOC as a Service Market Outlook
The global SOC as a service market size reached approximately USD 5.86 billion in 2023. The market is estimated to grow at a CAGR of 10.7% in the forecast period of 2024-2032, reaching a value of around USD 14.88 billion by 2032.
Key Trends in the Market
SOC as a service (SOCaaS) is a security solution in which a third-party provider operates and manages the security operations centre (SOC) of an organisation. Under this solution, the external provider supervises all security tasks such as network monitoring, threat detection, as well as investigation of an attack, risk, and compliance, among others.
- The provision of scalability in SOCaaS, through which the services can be scaled depending upon the evolving needs of an organisation, is one of the crucial SOC as a service market trends. The scalability feature enables SOCaaS to accommodate more resources in times of need compared to the traditional model, which is constrained by its finite resources.
- SOCaaS also offer businesses access to high-end security solutions such as advanced threat detection, threat hunting, and breach and attack simulation, among others, for enhanced protection.
- The growing deployment of advanced technologies such as AI and machine learning into the SOCaaS model to analyse large volumes of data from multiple resources, identify patterns for possible threats and vulnerabilities, and make predictions based on those patterns also provides impetus to the SOC as a service market growth.
Market Analysis
Based on service type, the market is divided into threat detection and incident response, managed SIEM and log management, vulnerability scanning and assessment, and GRC. On the basis of application, the market is categorised into application security, network security, end point security, and cloud security.
Based on enterprise size, the market is bifurcated into small and medium enterprises and large enterprises. The SOC as a service market segmentation, on the basis of industry vertical, includes government and public sector, BFSI, IT and telecom, healthcare, government, and retail, among others. The major regional markets of SOC as a service include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Soc as a service market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- AT&T Inc.
- Thales SA
- AIRBUS SE
- Verizon Communications Inc.
- Cloudflare, Inc.
- Fortinet, Inc.
- Atos SE
- Arctic Wolf Networks, Inc.
- Check Point Software Technologies Ltd.
- ProSOC, Inc. (Proficio)
- Others
Market Share by Application
End point security occupies a significant portion of the SOC as a service market share. Endpoints are the entry points into any organisation’s network and are most vulnerable to cyber threats. SOCaaS offers facilities such as securing remote work devices, real-time monitoring, and rapid response to cyberattacks to mitigate the risk of security breaches at endpoints.
With the employment of more sophisticated and advanced attack methods by hackers, SOCaaS providers are enabling advanced detection abilities in end points of enterprises.
Market Share by Region
As per the SOC as a service market analysis, North America accounts for a substantial share of the global market, owing to the surging frequency of cyberattacks in the region. The rapid adoption of cloud-based technology in enterprises also makes them more vulnerable to outsider attacks, creating new opportunities for the market expansion.
Additionally, evolving security standards, coupled with the growing presence of key players that are strengthening their capabilities, offer a positive market outlook.
Competitive Landscape
Thales SA is a global technology company, founded in 2000, with its headquarters in Paris, France. The company offers devices and equipment for the aerospace, defence, security, and transportation sectors, among others.
AIRBUS SE, incorporated in 1970 and based in Occitania, France, is a primary provider of commercial aircraft. The company also offers tailor-made cybersecurity solutions to enterprises and critical infrastructure, among others.
Verizon Communications Inc., established in 1983, is a technology conglomerate, headquartered in New York, the United States. The company provides services such as 4G LTE, 5G, broadband and fibre, and managed security, among others.
Other SOC as a service market players include AT&T Inc., Cloudflare, Inc., Fortinet, Inc., Atos SE, Arctic Wolf Networks, Inc., Check Point Software Technologies Ltd., and ProSOC, Inc. (Proficio), among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Service Type |
|
| Breakup by Application |
|
| Breakup by Enterprise Size |
|
| Breakup by Industry Vertical |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global SOC as a Service Market Analysis
8.1 Key Industry Highlights
8.2 Global SOC as a Service Historical Market (2018-2023)
8.3 Global SOC as a Service Market Forecast (2024-2032)
8.4 Global SOC as a Service Market by Service Type
8.4.1 Threat Detection and Incident Response
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Managed SIEM and Log Management
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Vulnerability Scanning and Assessment
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 GRC
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.5 Global SOC as a Service Market by Application
8.5.1 Application Security
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Network Security
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 End Point Security
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Cloud Security
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.6 Global SOC as a Service Market by Enterprise Size
8.6.1 Small and Medium Enterprises
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Large Enterprises
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.7 Global SOC as a Service Market by Industry Vertical
8.7.1 Government and Public Sector
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 BFSI
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 IT and Telecom
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Healthcare
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Government
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
8.7.6 Retail
8.7.6.1 Historical Trend (2018-2023)
8.7.6.2 Forecast Trend (2024-2032)
8.7.7 Others
8.8 Global SOC as a Service Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America SOC as a Service Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe SOC as a Service Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific SOC as a Service Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America SOC as a Service Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa SOC as a Service Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 AT&T Inc.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Thales SA
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 AIRBUS SE
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Verizon Communications Inc.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Cloudflare, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Fortinet, Inc.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Atos SE
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Arctic Wolf Networks, Inc.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Check Point Software Technologies Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 ProSOC, Inc. (Proficio)
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global SOC as a Service Market: Key Industry Highlights, 2018 and 2032
2. Global SOC as a Service Historical Market: Breakup by Service Type (USD Billion), 2018-2023
3. Global SOC as a Service Market Forecast: Breakup by Service Type (USD Billion), 2024-2032
4. Global SOC as a Service Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global SOC as a Service Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global SOC as a Service Historical Market: Breakup by Enterprise Size (USD Billion), 2018-2023
7. Global SOC as a Service Market Forecast: Breakup by Enterprise Size (USD Billion), 2024-2032
8. Global SOC as a Service Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2023
9. Global SOC as a Service Market Forecast: Breakup by Industry Vertical (USD Billion), 2024-2032
10. Global SOC as a Service Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global SOC as a Service Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America SOC as a Service Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America SOC as a Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe SOC as a Service Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe SOC as a Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific SOC as a Service Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific SOC as a Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America SOC as a Service Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America SOC as a Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa SOC as a Service Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa SOC as a Service Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global SOC as a Service Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 5.86 billion.
The market is projected to grow at a CAGR of 10.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032, reaching a value of around USD 14.88 billion by 2032.
The major market drivers are growing data breaches in enterprises, the burgeoning popularity of work-from-home, BYOD, and hybrid work models, and the cost-effectiveness of SOC as a service.
The key trends of the market include the provision of scalability in SOCaaS, access to high-end security solutions through SOCaaS, and deployment of advanced technologies such as AI and machine learning into the SOCaaS model.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Various service types are threat detection and incident response, managed SIEM and log management, vulnerability scanning and assessment, and GRC.
The key players in the market are AT&T Inc., Thales SA, AIRBUS SE, Verizon Communications Inc., Cloudflare, Inc., Fortinet, Inc., Atos SE, Arctic Wolf Networks, Inc., Check Point Software Technologies Ltd., and ProSOC, Inc. (Proficio), among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER