The global SOCaaS market size is estimated to grow from USD 7.37 Billion in 2024 to USD 14.66 Billion by 2030 at a compound annual growth rate (CAGR) of 12.2% during the forecast period.
Scope of the Report
Years Considered for the Study
2018-2030
Base Year
2023
Forecast Period
2024-2030
Units Considered
USD (Billion)
Segments
By Service Type, Offering, Security Type, Organization Size, Sector, Vertical, and Region
Regions covered
North America, Europe, Asia Pacific, Middle East and Africa, Latin America
The growing demand for robust, scalable, and cost-effective solutions to address vulnerabilities, identify threats, and respond to crises is propelling the SOC as a Service (SOCaaS) industry. The increased digitization of enterprises, the proliferation of cloud-based platforms, and the increasing complexity of cyberattacks have all fueled demand for sophisticated SOCaaS solutions. Challenges such as high implementation costs, integration complexities, and a shortage of skilled cybersecurity professionals are being mitigated by tailored services, automated tools, and ongoing innovations in managed security solutions. A heightened focus on threat visibility, regulatory compliance, and real-time monitoring ensures that organizations can maintain secure, efficient, and resilient security operations in an increasingly complex cyber threat landscape.
By sector, private sector accounts for a larger market size during the forecast period
The private sector segment is expected to hold the largest market size in SOCaaS market during the forecast period. This is because of the increased adoption of digital transformation programs and the sophistication of cyber threats targeting private organizations. Cyberattacks are particularly prevalent in industries such as BFSI, IT & ITeS, and telecoms, necessitating the provision of effective threat detection, response, and remediation services. Furthermore, the need to comply with regulatory standards, secure sensitive customer data, and preserve business continuity in the face of rising cyber dangers is driving private enterprises to spend extensively in SOCaaS solutions.
By region, Asia-Pacific accounts for the highest CAGR during the forecast period.
Major drivers in Asia-Pacific region in SOCaaS market are the rapid digital transformation across industries, increased adoption of cloud technologies, and a growing emphasis on cybersecurity in emerging economies such as India, China, and Southeast Asian countries. The rise in complex cyber threats, along with a dearth of in-house cybersecurity experience, is pushing firms to embrace SOCaaS solutions. Furthermore, favorable government policies and programs boosting cybersecurity awareness, as well as investments in smart city projects and digital infrastructure, are driving the region's strong market growth.
Breakdown of primaries
The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
By Company Type: Tier 1 -35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C-level Executives - 40% and Managerial & Other Levels - 60%
By Region: North America - 20%, Europe - 35%, Asia Pacific - 45%
Major vendors in the SOCaaS market include 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), Inspirisys (India), Eventus Security (India), Cyber Security Hive (India), eSentire (Canada), Clearnetwork (US), CyberSecOp (US), Foresite Cybersecurity (US), Stratosphere Networks (US), eSec Forte (India), Cybersafe Solutions (US), 10xDS (India), CISO Global (US), Ace Cloud Hosting (US), plusserver (Germany), SafeAeon (US), SOCWISE (Hungary), inSOC (Enhanced.io) (UK), Wizard Cyber (UK), Eventus Security (India), and Cyber Security Hive (India).
The study includes an in-depth competitive analysis of the key players in the supply chain security market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the SOCaaS market by service type, offering, security type, organization size, sector, vertical, and region.
It forecasts its size by Service type (Managed SIEM & Log Management, Vulnerability Scanning & Assessment, Threat Detection & Remediation, Incident Response, and GRC) Offering (Fully Managed and Co-managed), By Security type (Endpoint Security, Network Security, Cloud Security, and Application Security), By Organization Size (SMEs and Large Enterprises), By Sector (Public Sector and Private Sector), By Vertical (BFSI, Healthcare, Government, Manufacturing, Energy & Utilities, IT & ITeS, Telecommunications, Transportation & Logistics, and Other verticals), By Region ( North America, Europe, Asia Pacific, Middle East and Africa, Latin America).
The study also includes an in-depth competitive analysis of the market's key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the SOCaaS market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
Analysis of key drivers, such as (Escalating complexity and frequency of cyberattacks, Shortage of cybersecurity talent and expertise, Rapid technological advancements and growing trends of BYOD, CYOD, and WFH, Simplifying complex threat response processes, Increasing prevalence of customizable security solutions); Restraints (Integration complexity with compatibility and interoperability issues, Cost constraints); Opportunities (Rising adoption of cloud-based solutions among SMEs, Implementation of AI, ML, and blockchain technologies for cyber defense advancements, Expanding integration with extended detection and response (XDR) platforms) and Challenges (Data privacy and regulatory complexity, Limited customization and misalignment with business needs, Managing alert fatigue and false positives).
Product Development/Innovation: Detailed insights on upcoming technologies, research development activities, new products, and service launches in the SOCaaS market.
Market Development: Comprehensive information about lucrative markets - the report analyses the SOCaaS market across varied regions.
Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the SOCaaS market.
Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players including 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), Inspirisys (India), Eventus Security (India), and Cyber Security Hive (India), among others, in the SOCaaS market strategies.
TABLE OF CONTENTS
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
1.6 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.2 PRIMARY DATA
2.1.2.1 Breakup of primaries
2.1.2.2 Key industry insights
2.2 DATA TRIANGULATION
2.3 MARKET SIZE ESTIMATION
2.3.1 TOP-DOWN APPROACH
2.3.2 BOTTOM-UP APPROACH
2.4 MARKET FORECAST
2.5 COMPANY EVALUATION QUADRANT METHODOLOGY
2.5.1 FOR LARGE PLAYERS
2.5.2 FOR STARTUPS
2.6 RESEARCH ASSUMPTIONS
2.7 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN SOC-AS-A-SERVICE MARKET
4.2 SOC-AS-A-SERVICE MARKET, BY SERVICE TYPE, 2024
4.3 SOC-AS-A-SERVICE MARKET, BY OFFERING, 2024
4.4 SOC-AS-A-SERVICE MARKET, BY ORGANIZATION SIZE, 2024
4.5 SOC-AS-A-SERVICE MARKET, BY SECURITY TYPE, 2024
4.6 SOC-AS-A-SERVICE MARKET, BY SECTOR, 2024
4.7 SOC-AS-A-SERVICE MARKET, BY VERTICAL, 2024
4.8 MARKET INVESTMENT SCENARIO
5 MARKET OVERVIEW AND INDUSTRY TRENDS
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Escalating complexity and frequency of cyberattacks
5.2.1.2 Shortage of cybersecurity talent and expertise
5.2.1.3 Rapid technological advancements and growing trends of BYOD, CYOD, and WFH
5.2.1.4 Demand for simplifying complex threat response processes
5.2.1.5 Increasing prevalence of customizable security solutions
5.2.2 RESTRAINTS
5.2.2.1 Integration complexity with compatibility and interoperability issues
5.2.2.2 Cost constraints
5.2.3 OPPORTUNITIES
5.2.3.1 Rising adoption of cloud-based solutions among SMEs
5.2.3.2 Implementation of AI, ML, and blockchain technologies for cyber defense advancements
5.2.3.3 Expanding integration with extended detection and response (XDR) platforms
5.2.4 CHALLENGES
5.2.4.1 Data privacy and regulatory complexity
5.2.4.2 Limited customization and misalignment with business needs
5.2.4.3 Managing alert fatigue and false positives
5.3 CASE STUDY ANALYSIS
5.3.1 VERIZON HELPED FUJIFILM ENHANCE GLOBAL CYBERSECURITY WITH ADVANCED SOC SERVICES
5.3.2 FORTINET HELPED GRAND VIEW UNIVERSITY STRENGTHEN CYBERSECURITY WITH SOCAAS AND MDR SERVICES
5.3.3 INSPIRA ENHANCED CYBERSECURITY WITH MODERNIZED SOC POWERED BY IBM QRADAR
5.3.4 CHILLISOFT AND ADVANTAGE EMPOWERED FIJI NATIONAL UNIVERSITY'S CYBERSECURITY WITH SOC-AS-A-SERVICE
5.3.5 CYBERSECOP HELPED MULTIPLE INDUSTRIES ENHANCE CYBER SECURITY WITH SOC-AS-A-SERVICE
5.4 HISTORICAL EVOLUTION
5.4.1 EARLY DAYS AND TRADITIONAL FOCUS
5.4.2 INTEGRATION OF COMPLIANCE AND TECHNOLOGY
5.4.3 GOLDEN PERIOD OF EVOLUTION
5.4.4 EMERGENCE OF MANAGED SECURITY SERVICES PROVIDERS (MSSPS)
5.4.5 RISE OF NEXT-GEN SOCS
5.4.6 THREAT INTELLIGENCE AND CLOUD SECURITY
5.4.7 POST-PANDEMIC CHALLENGES AND BEYOND
5.4.8 MODERN CYBER DEFENSE CENTERS
5.4.9 SERVICES OFFERED BY MODERN CYBER DEFENSE CENTERS
5.5 FRAMEWORK
5.5.1 BENEFITS OF SOC-AS-A-SERVICE
5.5.2 FEATURES OF SOC-AS-A-SERVICE MARKET FRAMEWORK
5.6 VALUE CHAIN ANALYSIS
5.6.1 ANALYZING OVERALL SECURITY ARCHITECTURE AND PLANNING STRATEGIES ACCORDINGLY
5.6.2 OFFERING
5.6.3 DISTRIBUTORS/RESELLERS/VARS
5.6.4 END-USER GROUPS
5.6.5 MONITORING OF ALL BUSINESS PROCESSES
5.6.6 INCIDENT RESPONSE
5.6.7 MEASURES FOR REMEDIATION
5.7 ECOSYSTEM ANALYSIS
5.8 PORTER'S FIVE FORCES ANALYSIS
5.8.1 THREAT OF NEW ENTRANTS
5.8.2 BARGAINING POWER OF SUPPLIERS
5.8.3 BARGAINING POWER OF BUYERS
5.8.4 THREAT OF SUBSTITUTES
5.8.5 INTENSITY OF COMPETITIVE RIVALRY
5.9 PRICING ANALYSIS
5.9.1 AVERAGE SELLING PRICE OF PRODUCTS, BY SECURITY TYPE
5.9.2 INDICATIVE PRICING ANALYSIS OF PRODUCTS, BY SERVICE
5.10 TECHNOLOGY ANALYSIS
5.10.1 KEY TECHNOLOGIES
5.10.1.1 SIEM
5.10.1.2 SOAR
5.10.1.3 Extended detection and response (XDR)
5.10.1.4 Threat intelligence platforms
5.10.1.5 Network traffic analysis
5.10.2 COMPLEMENTARY TECHNOLOGIES
5.10.2.1 IAM
5.10.2.2 Deception technology
5.10.2.3 ZTNA
5.10.2.4 SASE
5.10.3 ADJACENT TECHNOLOGIES
5.10.3.1 Blockchain technology
5.10.3.2 OT security
5.10.3.3 Quantum-safe cryptography
5.11 PATENT ANALYSIS
5.11.1 LIST OF MAJOR PATENTS
5.12 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.13 BUSINESS MODEL
5.13.1 CUSTOMERS
5.13.2 PRODUCTS AND SERVICES
5.13.3 PRICING
5.13.4 DISTRIBUTION CHANNELS
5.13.5 MARKETING & SALES
5.13.6 PARTNERSHIPS
5.13.7 OPERATIONS
5.13.8 PROFITABILITY
5.14 REGULATORY LANDSCAPE
5.14.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.14.1.1 Payment Card Industry Data Security Standard (PCI-DSS )
5.14.1.2 General Data Protection Regulation (GDPR)
5.14.1.3 Sarbanes-Oxley Act (SOX)
5.14.1.4 California Consumer Privacy Act (CCPA)
5.14.1.5 Gramm-Leach-Bliley Act of 1999 (GLBA)
5.14.1.6 Health Insurance Portability and Accountability Act (HIPAA)
5.14.1.7 International Organization for Standardization (ISO) Standard 27001
5.14.1.8 Federal Information Security Management Act (FISMA)
5.14.1.9 FFIEC Cybersecurity Assessment Tool
5.14.1.10 NIST Cybersecurity Framework
5.14.1.11 Information Technology Infrastructure Library (ITIL)
5.14.1.12 CSA STAR
5.14.2 REGULATIONS, BY REGION
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 KEY CONFERENCES AND EVENTS, 2025
5.17 INVESTMENT AND FUNDING SCENARIO
5.18 TECHNOLOGY ROADMAP
5.19 IMPACT OF AI/GENERATIVE AI ON SOC-AS-A-SERVICE MARKET
5.19.1 GENERATIVE AI
5.19.2 TOP USE CASES AND MARKET POTENTIAL IN SOC-AS-A-SERVICE MARKET
5.19.2.1 Key use cases
5.19.3 IMPACT OF GENERATIVE AI ON INTERCONNECTED AND ADJACENT ECOSYSTEMS
5.19.3.1 AI & ML
5.19.3.2 Blockchain
5.19.3.3 Extended detection and response (XDR)
5.19.3.4 Cloud
5.19.3.5 Endpoint detection and response (EDR)
5.19.3.6 Security Information and Event Management (SIEM)