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SOC as a Service Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Publisher Fortune Business Insights Pvt. Ltd.
Published May 01, 2025
Length 150 Pages
SKU # FOB20106832

Description

Growth Factors of SOC as a Service Market

The global SOC as a Service Market is witnessing a robust expansion, fueled by increasing cyber threats, regulatory compliance requirements, and rising cloud adoption. According to the Fortune Business Insights report titled ""SOC as a Service Market Size, Share, Growth and Forecast 2024-2032"", the market was valued at USD 6.93 billion in 2023 and is projected to grow from USD 8.34 billion in 2024 to USD 28.87 billion by 2032, exhibiting a CAGR of 16.8% during the forecast period.

This considerable growth trajectory highlights how critical managed security services have become for modern organizations, especially as they undergo rapid digital transformation and face sophisticated cyber threats.

Key Market Drivers

1. Escalating Cybersecurity Threats

As cyberattacks become more frequent and complex, organizations are increasingly relying on SOC as a Service (SOCaaS) to proactively monitor, detect, and respond to threats in real-time. Ransomware attacks, phishing schemes, and data breaches have become more targeted, pushing enterprises to seek more agile and advanced cybersecurity measures.

2. Cost-Efficiency and Scalability

SOCaaS eliminates the need for in-house infrastructure and specialized security teams, making it an affordable and scalable solution for small and medium enterprises (SMEs). It allows businesses to access cutting-edge tools and skilled analysts without the overhead of building a full-fledged security operations center.

3. Regulatory and Compliance Mandates

Tighter regulations such as GDPR, HIPAA, PCI-DSS, and others have made data protection a legal obligation. Organizations are compelled to demonstrate compliance and ensure data integrity, which SOCaaS helps achieve through continuous monitoring, audit trails, and incident response capabilities.

Service and Deployment Trends

The market is segmented based on service type into prevention services, detection services, and incident response services. Among these, detection services dominate the market due to the growing demand for real-time threat detection and rapid response.

From a deployment model perspective, cloud-based solutions are becoming increasingly popular. Cloud-native SOCaaS offerings are easy to deploy, flexible, and more compatible with modern IT ecosystems that include remote workforces, BYOD policies, and hybrid environments.

Industry Verticals and Use Cases

The Banking, Financial Services, and Insurance (BFSI) sector is one of the largest adopters of SOCaaS, given its high exposure to fraud and regulatory scrutiny. Other fast-growing verticals include healthcare, retail, government, and IT & telecom, where secure data handling is mission-critical.

Healthcare, for instance, has seen a surge in ransomware attacks and patient data theft, which has led to a rise in SOCaaS implementation for protecting sensitive electronic health records (EHRs).

Regional Insights

North America

North America held the largest share of the SOC as a Service market in 2023, driven by the presence of major cybersecurity providers, early adoption of advanced technologies, and stringent regulatory frameworks.

Europe

Europe follows closely, supported by growing investment in IT infrastructure, increased awareness about data security, and the region-wide enforcement of GDPR.

Asia Pacific

Asia Pacific is expected to register the fastest CAGR during the forecast period. Increasing digital adoption, the proliferation of SMEs, and government-led cybersecurity initiatives in countries like India, China, and Japan are fueling regional market expansion.

Key Players and Competitive Landscape

The SOCaaS market is moderately fragmented with several key players offering advanced solutions. Some of the major companies profiled include:

Arctic Wolf Networks

Proficio

AT&T Cybersecurity

Alert Logic

Cloudflare Inc.

Capgemini SE

Fortinet Inc.

Cytellix

IBM Corporation

Securonix

These players are focusing on product innovation, AI-based threat intelligence, and strategic acquisitions to strengthen their market presence.

Conclusion

The SOC as a Service market is set to experience accelerated growth as organizations worldwide prioritize cybersecurity resilience. With increasing cloud integration, remote workforce security demands, and the need for regulatory compliance, SOCaaS is emerging as an essential pillar in enterprise security strategy.

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2024

Estimated Year 2025

Forecast Period 2025-2032

Historical Period 2019-2023

Growth Rate CAGR of 13.4% from 2025 to 2032

Unit Value (USD Billion)

Segmentation By Service

Security Information and Event Management (SIEM)

Intrusion Detection and Prevention Systems (IDPS)

Vulnerability Management

Endpoint Security

Others (Incident response, cloud security, etc.)

By Offering

Fully Managed Service

Co-Managed Service

By Enterprise Type

SMEs

Large Enterprises

By Industry

BFSI

IT & Telecom

Healthcare

Government & Public Sector

Retail & E-commerce

Manufacturing

Others

By Region

North America (By Service, By Offering, By Enterprise Type, By Industry, and By Country)

U.S. (By Industry)

Canada (By Industry)

Mexico (By Industry)

South America (By Service, By Offering, By Enterprise Type, By Industry, and By Country)

Brazil (By Industry)

Argentina (By Industry)

Rest of South America

Europe (By Service, By Offering, By Enterprise Type, By Industry, and By Country)

U.K. (By Industry)

Germany (By Industry)

France (By Industry)

Italy (By Industry)

Spain (By Industry)

Russia (By Industry)

Benelux (By Industry)

Nordics (By Industry)

Rest of Europe

Middle East & Africa (By Service, By Offering, By Enterprise Type, By Industry, and By Country)

Turkey (By Industry)

Israel (By Industry)

GCC (By Industry)

North Africa (By Industry)

South Africa (By Industry)

Rest of Middle East & Africa

Asia Pacific (By Service, By Offering, By Enterprise Type, By Industry, and By Country)

China (By Industry)

Japan (By Industry)

India (By Industry)

South Korea (By Industry)

ASEAN (By Industry)

Oceania (By Industry)

Rest of Asia Pacific

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Table of Contents

150 Pages
1. Introduction
1.1. Definition, By Segment
1.2. Research Methodology/Approach
1.3. Data Sources
2. Executive Summary
3. Market Dynamics
3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
4. Competition Landscape
4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. Global SOC as a Service Key Players Market Share/Ranking, 2024
5. Global SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
5.1. Key Findings
5.2. By Service (USD)
5.2.1. Security Information and Event Management (SIEM)
5.2.2. Intrusion Detection and Prevention Systems (IDPS)
5.2.3. Vulnerability Management
5.2.4. Endpoint Security
5.2.5. Others (Incident response, cloud security, etc.)
5.3. By Offering (USD)
5.3.1. Fully Managed Service
5.3.2. Co-Managed Service
5.4. By Enterprise Type (USD)
5.4.1. SMEs
5.4.2. Large Enterprises
5.5. By Industry (USD)
5.5.1. BFSI
5.5.2. IT & Telecom
5.5.3. Healthcare
5.5.4. Government & Public Sector
5.5.5. Retail & E-commerce
5.5.6. Manufacturing
5.5.7. Others
5.6. By Region (USD)
5.6.1. North America
5.6.2. South America
5.6.3. Europe
5.6.4. Middle East & Africa
5.6.5. Asia Pacific
6. North America SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
6.1. Key Findings
6.2. By Service (USD)
6.2.1. Security Information and Event Management (SIEM)
6.2.2. Intrusion Detection and Prevention Systems (IDPS)
6.2.3. Vulnerability Management
6.2.4. Endpoint Security
6.2.5. Others (Incident response, cloud security, etc.)
6.3. By Offering (USD)
6.3.1. Fully Managed Service
6.3.2. Co-Managed Service
6.4. By Enterprise Type (USD)
6.4.1. SMEs
6.4.2. Large Enterprises
6.5. By Industry (USD)
6.5.1. BFSI
6.5.2. IT & Telecom
6.5.3. Healthcare
6.5.4. Government & Public Sector
6.5.5. Retail & E-commerce
6.5.6. Manufacturing
6.5.7. Others
6.6. By Country (USD)
6.6.1. United States
6.6.1.1. By Industry
6.6.2. Canada
6.6.2.1. By Industry
6.6.3. Mexico
6.6.3.1. By Industry
7. South America SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
7.1. Key Findings
7.2. By Service (USD)
7.2.1. Security Information and Event Management (SIEM)
7.2.2. Intrusion Detection and Prevention Systems (IDPS)
7.2.3. Vulnerability Management
7.2.4. Endpoint Security
7.2.5. Others (Incident response, cloud security, etc.)
7.3. By Offering (USD)
7.3.1. Fully Managed Service
7.3.2. Co-Managed Service
7.4. By Enterprise Type (USD)
7.4.1. SMEs
7.4.2. Large Enterprises
7.5. By Industry (USD)
7.5.1. BFSI
7.5.2. IT & Telecom
7.5.3. Healthcare
7.5.4. Government & Public Sector
7.5.5. Retail & E-commerce
7.5.6. Manufacturing
7.5.7. Others
7.6. By Country (USD)
7.6.1. Brazil
7.6.1.1. By Industry
7.6.2. Argentina
7.6.2.1. By Industry
7.6.3. Rest of South America
8. Europe SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
8.1. Key Findings
8.2. By Service (USD)
8.2.1. Security Information and Event Management (SIEM)
8.2.2. Intrusion Detection and Prevention Systems (IDPS)
8.2.3. Vulnerability Management
8.2.4. Endpoint Security
8.2.5. Others (Incident response, cloud security, etc.)
8.3. By Offering (USD)
8.3.1. Fully Managed Service
8.3.2. Co-Managed Service
8.4. By Enterprise Type (USD)
8.4.1. SMEs
8.4.2. Large Enterprises
8.5. By Industry (USD)
8.5.1. BFSI
8.5.2. IT & Telecom
8.5.3. Healthcare
8.5.4. Government & Public Sector
8.5.5. Retail & E-commerce
8.5.6. Manufacturing
8.5.7. Others
8.6. By Country (USD)
8.6.1. United Kingdom
8.6.1.1. By Industry
8.6.2. Germany
8.6.2.1. By Industry
8.6.3. France
8.6.3.1. By Industry
8.6.4. Italy
8.6.4.1. By Industry
8.6.5. Spain
8.6.5.1. By Industry
8.6.6. Russia
8.6.6.1. By Industry
8.6.7. Benelux
8.6.7.1. By Industry
8.6.8. Nordics
8.6.8.1. By Industry
8.6.9. Rest of Europe
9. Middle East & Africa SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
9.1. Key Findings
9.2. By Service (USD)
9.2.1. Security Information and Event Management (SIEM)
9.2.2. Intrusion Detection and Prevention Systems (IDPS)
9.2.3. Vulnerability Management
9.2.4. Endpoint Security
9.2.5. Others (Incident response, cloud security, etc.)
9.3. By Offering (USD)
9.3.1. Fully Managed Service
9.3.2. Co-Managed Service
9.4. By Enterprise Type (USD)
9.4.1. SMEs
9.4.2. Large Enterprises
9.5. By Industry (USD)
9.5.1. BFSI
9.5.2. IT & Telecom
9.5.3. Healthcare
9.5.4. Government & Public Sector
9.5.5. Retail & E-commerce
9.5.6. Manufacturing
9.5.7. Others
9.6. By Country (USD)
9.6.1. Turkey
9.6.1.1. By Industry
9.6.2. Israel
9.6.2.1. By Industry
9.6.3. GCC
9.6.3.1. By Industry
9.6.4. North Africa
9.6.4.1. By Industry
9.6.5. South Africa
9.6.5.1. By Industry
9.6.6. Rest of MEA
10. Asia Pacific SOC as a Service Market Size Estimates and Forecasts, By Segments, 2019-2032
10.1. Key Findings
10.2. By Service (USD)
10.2.1. Security Information and Event Management (SIEM)
10.2.2. Intrusion Detection and Prevention Systems (IDPS)
10.2.3. Vulnerability Management
10.2.4. Endpoint Security
10.2.5. Others (Incident response, cloud security, etc.)
10.3. By Offering (USD)
10.3.1. Fully Managed Service
10.3.2. Co-Managed Service
10.4. By Enterprise Type (USD)
10.4.1. SMEs
10.4.2. Large Enterprises
10.5. By Industry (USD)
10.5.1. BFSI
10.5.2. IT & Telecom
10.5.3. Healthcare
10.5.4. Government & Public Sector
10.5.5. Retail & E-commerce
10.5.6. Manufacturing
10.5.7. Others
10.6. By Country (USD)
10.6.1. China
10.6.1.1. By Industry
10.6.2. India
10.6.2.1. By Industry
10.6.3. Japan
10.6.3.1. By Industry
10.6.4. South Korea
10.6.4.1. By Industry
10.6.5. ASEAN
10.6.5.1. By Industry
10.6.6. Oceania
10.6.6.1. By Industry
10.6.7. Rest of Asia Pacific
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases)
11.1. Fortinet, Inc.
11.1.1. Overview
11.1.1.1. Key Management
11.1.1.2. Headquarters
11.1.1.3. Offerings/Business Segments
11.1.2. Key Details (Key details are consolidated data and not product/service specific)
11.1.2.1. Employee Size
11.1.2.2. Past and Current Revenue
11.1.2.3. Geographical Share
11.1.2.4. Business Segment Share
11.1.2.5. Recent Developments
11.2. NTT DATA Group Corporation
11.2.1. Overview
11.2.1.1. Key Management
11.2.1.2. Headquarters
11.2.1.3. Offerings/Business Segments
11.2.2. Key Details (Key details are consolidated data and not product/service specific)
11.2.2.1. Employee Size
11.2.2.2. Past and Current Revenue
11.2.2.3. Geographical Share
11.2.2.4. Business Segment Share
11.2.2.5. Recent Developments
11.3. Check Point Software Technologies Ltd.
11.3.1. Overview
11.3.1.1. Key Management
11.3.1.2. Headquarters
11.3.1.3. Offerings/Business Segments
11.3.2. Key Details (Key details are consolidated data and not product/service specific)
11.3.2.1. Employee Size
11.3.2.2. Past and Current Revenue
11.3.2.3. Geographical Share
11.3.2.4. Business Segment Share
11.3.2.5. Recent Developments
11.4. Teceze
11.4.1. Overview
11.4.1.1. Key Management
11.4.1.2. Headquarters
11.4.1.3. Offerings/Business Segments
11.4.2. Key Details (Key details are consolidated data and not product/service specific)
11.4.2.1. Employee Size
11.4.2.2. Past and Current Revenue
11.4.2.3. Geographical Share
11.4.2.4. Business Segment Share
11.4.2.5. Recent Developments
11.5. Clearnetwork, Inc.
11.5.1. Overview
11.5.1.1. Key Management
11.5.1.2. Headquarters
11.5.1.3. Offerings/Business Segments
11.5.2. Key Details (Key details are consolidated data and not product/service specific)
11.5.2.1. Employee Size
11.5.2.2. Past and Current Revenue
11.5.2.3. Geographical Share
11.5.2.4. Business Segment Share
11.5.2.5. Recent Developments
11.6. ConnectWise, LLC.
11.6.1. Overview
11.6.1.1. Key Management
11.6.1.2. Headquarters
11.6.1.3. Offerings/Business Segments
11.6.2. Key Details (Key details are consolidated data and not product/service specific)
11.6.2.1. Employee Size
11.6.2.2. Past and Current Revenue
11.6.2.3. Geographical Share
11.6.2.4. Business Segment Share
11.6.2.5. Recent Developments
11.7. CyberNX Technologies Pvt. Ltd.
11.7.1. Overview
11.7.1.1. Key Management
11.7.1.2. Headquarters
11.7.1.3. Offerings/Business Segments
11.7.2. Key Details (Key details are consolidated data and not product/service specific)
11.7.2.1. Employee Size
11.7.2.2. Past and Current Revenue
11.7.2.3. Geographical Share
11.7.2.4. Business Segment Share
11.7.2.5. Recent Developments
11.8. Thales
11.8.1. Overview
11.8.1.1. Key Management
11.8.1.2. Headquarters
11.8.1.3. Offerings/Business Segments
11.8.2. Key Details (Key details are consolidated data and not product/service specific)
11.8.2.1. Employee Size
11.8.2.2. Past and Current Revenue
11.8.2.3. Geographical Share
11.8.2.4. Business Segment Share
11.8.2.5. Recent Developments
11.9. Arctic Wolf Networks Inc.
11.9.1. Overview
11.9.1.1. Key Management
11.9.1.2. Headquarters
11.9.1.3. Offerings/Business Segments
11.9.2. Key Details (Key details are consolidated data and not product/service specific)
11.9.2.1. Employee Size
11.9.2.2. Past and Current Revenue
11.9.2.3. Geographical Share
11.9.2.4. Business Segment Share
11.9.2.5. Recent Developments
11.10. Cloudflare, Inc.
11.10.1. Overview
11.10.1.1. Key Management
11.10.1.2. Headquarters
11.10.1.3. Offerings/Business Segments
11.10.2. Key Details (Key details are consolidated data and not product/service specific)
11.10.2.1. Employee Size
11.10.2.2. Past and Current Revenue
11.10.2.3. Geographical Share
11.10.2.4. Business Segment Share
11.10.2.5. Recent Developments

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