The SOC as a Service (SOCaaS) market is expected to grow at a compound annual growth rate (CAGR) of 12.2% from its anticipated USD 7.37 billion in 2024 to USD 14.66 billion by 2030. The growing sophistication and frequency of cyberattacks like phishing and denial-of-service attacks, the lack of cybersecurity talent and experience, the quick development of technologies like blockchain, AI, and ML, the expanding popularity of BYOD, CYOD, and remote work scenarios, and the growing availability of customizable security solutions are the main factors propelling the SOCaaS market.
Download PDF Brochure@ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=31262563
The major drivers of the market growth of the SOCaaS market are the rising complexity and frequency of cyberattacks. For instance, we have observed that industries such as BFSI, healthcare, and government are experiencing growing cybersecurity threats. In addition to this, adoption of AI, IoT, blockchain technology is growing very fast. This advancement in technology enables predictive threat analysis and automated response systems, lowering dependency on human interaction and shortening response time. Furthermore, developments in automation, such as Security Orchestration, Automation, and Response (SOAR), simplify workflows, increase alert prioritizing, and reduce operational complexity. These innovations are pushing organizations toward adopting SOCaaS to safeguard their digital assets effectively.
Based on the organization size, SMEs are expected to grow at the highest CAGR during the forecast period
Small and Medium-sized Enterprises (SMEs) are likely to register the highest CAGR during the forecast period owing to their increased exposure to cyberattacks and inadequate in-house resources for cybersecurity management. SOCaaS is a cost-effective and scalable solution for SMEs that enables them to access advanced threat detection, monitoring, and incident response services without incurring significant financial costs in creating and maintaining their own SOC. Furthermore, the rise in digital transformation, remote work, and cloud usage among SMEs has boosted their desire for comprehensive security solutions, which is driving SOCaaS growth in this category.
By Security type, Cloud Security will grow at the highest market size during the forecast period.
Cloud security is expected to have a significant market size in the SOCaaS market, owing to the extensive usage of cloud-based infrastructure and services across industries. There has been an increasing reliance on cloud services due to the growing tendency of remote work, hybrid environments, and digital transformation initiatives which makes them prime targets for cyberattacks. Due to this reason, organizations are prioritizing SOCaaS solutions to handle cloud-specific risks, ensure data integrity, and comply with stringent regulatory requirements. Furthermore, cloud security solutions’ scalability, adaptability, and cost-effectiveness make them appealing to enterprises of all sizes, contributing to their market domination.
By region, North America will grow at the highest market size during the forecast period.
North America is expected to grow at the highest market size in the SOCaaS market during the forecast period because of its advanced technological infrastructure, stringent regulatory framework, and increasing cybersecurity threats. The region houses major economies like the United States and Canada, which are at the forefront of adopting cutting-edge technologies such as IoT, blockchain, and AI for security. This also includes North America, whose strict compliance requirements, CISA regulations, and the NIST Cybersecurity Framework propel organisations to invest heavily in SOCaaS.
The increasing number of cyberattacks, especially ransomware, phishing, and breaches have led industries in healthcare, BFSI, and government to enhance their defenses. Furthermore, government initiatives with vigorous adoption of cloud-based solutions, increasing digitalization, and vendor presence pushes North America in being a leader in this market.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=31262563
Unique Features in the SOC as a Service Market
One of the defining features of SOC as a Service is its cloud-native design. Unlike traditional on-premises SOCs, these services are designed to operate entirely in the cloud. This allows for scalability, flexibility, and easier integration with diverse IT environments, including hybrid and multi-cloud infrastructures. Cloud-native SOCs reduce the need for physical infrastructure, lowering upfront costs and simplifying deployment.
SOC as a Service providers offer round-the-clock threat monitoring and incident response, ensuring continuous protection. This 24/7 model helps detect and mitigate cyber threats in real time, reducing the mean time to detect (MTTD) and mean time to respond (MTTR). Businesses benefit from consistent security oversight without the need to maintain their own security staff around the clock.
A standout feature in modern SOC as a Service offerings is the use of artificial intelligence (AI) and machine learning (ML). These technologies enable behavioral analytics, automated threat detection, and predictive insights, which enhance the accuracy and speed of threat identification. AI-powered SOCs can identify anomalies and adapt to new threats more quickly than traditional systems.
SOC as a Service providers often integrate real-time global threat intelligence feeds, giving them a broader view of emerging threats across industries and geographies. This shared intelligence empowers the SOC to proactively defend against zero-day attacks and advanced persistent threats (APTs) by learning from patterns observed across multiple clients and networks.
Major Highlights of the SOC as a Service Market
The SOC as a Service market is witnessing significant growth, driven by the increasing frequency and complexity of cyberattacks. Organizations across industries are shifting from traditional security models to outsourced SOC solutions due to the rising costs of in-house operations and the global cybersecurity talent shortage. The market is expected to grow at a strong CAGR, reflecting rising demand from SMEs and large enterprises alike.
Small and medium-sized enterprises (SMEs) are becoming a key customer segment in the SOCaaS market. With limited budgets and IT resources, SMEs turn to SOCaaS for cost-effective security solutions that provide enterprise-grade protection. The subscription-based pricing model makes advanced cybersecurity accessible without large capital investment.
The acceleration of remote work and cloud service adoption has expanded the attack surface for organizations, increasing the need for continuous monitoring. SOCaaS is especially effective in this environment, offering cloud-native security services that can monitor dispersed endpoints and cloud workloads in real time.
Regulatory requirements are a major driver of SOCaaS adoption. Industries such as finance, healthcare, and e-commerce are under pressure to comply with stringent data protection laws. SOCaaS helps organizations automate compliance reporting and maintain continuous adherence to frameworks like GDPR, HIPAA, PCI-DSS, and more.
Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=31262563
Top Companies in the SOC as a Service Market
The major players in the SOCaaS market with a significant global presence are Thales (France), Airbus Cybersecurity (France), NTT (Japan), Lumen Technologies (US), Fortinet (US), Cloudflare (US), Check Point (US), Kaseya (US), Trustwave (US), Arctic Wolf Networks (US), Proficio (US), LRQA (UK), and Inspirisys (India). The market players have adopted various strategies, such as developing advanced products, partnerships, contracts, expansions, and acquisitions, to strengthen their position in the SOCaaS market.
Thales (France): Thales is a major player in the SOCaaS market, owing to its substantial cybersecurity knowledge and strategic investments. The company focuses on providing sophisticated managed security services, such as real-time threat detection, incident response, and vulnerability assessments, which are supported by a worldwide network of SOCs. Thales enhances its portfolio and expands its market presence through strategic acquisitions like as Imperva and Tesserent, as well as collaborations like its collaboration with Google Cloud. Thales incorporates AI-driven solutions and personalized services into high-stakes industries such as banking, energy, and defense to ensure regulatory compliance. Thales’ creative strategy and powerful cybersecurity infrastructure place it at the forefront of developing the SOCaaS industry.
Lumen Technologies (US): Lumen Technologies is a major player in the SOCaaS market, owing to its strong telecommunications infrastructure and excellent cybersecurity capabilities. The company’s products include customized SOC solutions like Lumen Virtual SOC, which provides 24/7 SIEM monitoring, incident response, and professional threat remediation. Lumen Technologies improves its MDR and SASE capabilities through strategic relationships with companies like as Orca Security and Versa Networks. Lumen Technologies capacity to proactively identify and mitigate risks is also strengthened by investments in AI-driven threat detection and its own Black Lotus Labs technology. Lumen Technologies worldwide network of SOCs offers localized assistance while maintaining high security standards, positioning it as a viable player in the SOCaaS market.
Airbus Cybersecurity (France): Airbus Cybersecurity is a significant player in the SOC as a Service (SOCaaS) market, offering AI-powered, cloud-based security operations solutions to help businesses protect themselves against emerging cyber threats. Its Managed SOC Services detect and mitigate cyber threats by combining advanced threat intelligence, real-time monitoring, and automated incident response. Airbus uses machine learning, SIEM (Security Information and Event Management), and threat hunting to improve security posture across industries such as defense, aircraft, and critical infrastructure. Airbus Cybersecurity, with a strong emphasis on compliance and data sovereignty, provides effective 24/7 cyberattack protection for organizations and governments around the world.
NTT (Japan): NTTis a market leader in SOC as a Service (SOCaaS), providing AI-powered, cloud-native cybersecurity solutions to safeguard organizations against sophisticated cyber threats. Its Managed Security Services (MSS) use advanced threat intelligence, real-time monitoring, and automated incident response to detect and mitigate security issues. NTT’s next-generation SOCs combine SIEM, machine learning, and behavioral analytics to enable continuous threat detection, compliance management, and risk reduction. With a global presence and expertise in network security, cloud protection, and zero-trust architectures, NTT assists enterprises in improving their cyber resilience in an ever-changing threat scenario.
Fortinet (US): Fortinet is a major player in the SOC as a Service (SOCaaS) market, providing AI-powered, cloud-based security operations that assist enterprises in detecting, preventing, and responding to cyber threats in real time. Its FortiSOC solutions combine SIEM, SOAR, machine learning, and threat intelligence to deliver automated incident response, 24-hour monitoring, and proactive threat hunting. Fortinet’s FortiGuard Labs improves security by leveraging AI-powered analytics and global threat data to ensure rapid detection and mitigation of cyber threats. Fortinet focuses on zero-trust security, compliance management, and hybrid cloud protection to help businesses increase their cyber resilience in the face of new threats.
Media ContactCompany Name: MarketsandMarkets™ Research Private Ltd.Contact Person: Mr. Rohan SalgarkarEmail: Send EmailPhone: 18886006441Address:1615 South Congress Ave. Suite 103, Delray Beach, FL 33445City: FloridaState: FloridaCountry: United StatesWebsite: https://www.marketsandmarkets.com/Market-Reports/soc-as-a-service-market-31262563.html
