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SOC as a Service Market Size and Share 2023

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Global SOC as a Service Market size was valued at USD 944.64 Million in 2021, and is projected to reach USD 4632.04 Million by 2028, growing at a CAGR of 25.5 % from 2022 to 2028.

 

Global SOC as a Service Market size was valued at USD 944.64 Million in 2021, and is projected to reach USD 4632.04 Million by 2028, growing at a CAGR of 25.5 % from 2022 to 2028.

SOC as a service is a subscription-based model that allows organizations to outsource their detection of threats and incidence response that brings a best-in-class security operations center. The models of the SOC as a Service includes co-managed models, in-house models, and fully managed models. It provides several security benefits to the company including the whole third-party SOC team to monitor security networks for security events, faster detection and remediation by reducing the burden on an in-house security team, lowering the cyber risk, improving the business agility and scalability, and it is cost-effective. In recent years, rising internet penetration and demand for connected devices is also increased which creates a high risk of online attacks. Therefore, the demand for SOC as Service solution is increasing among the BFSI, healthcare, IT Telecom, and other sectors that provide growth for the market.

 

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Market Overview Coverage:

The latest research on the SOC as a Service market provides a comprehensive overview of the market for the years 2022 to 2028. It gives a comprehensive picture of the global SOC as a Service industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Enterprise Asset Management (EAM market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Leading companies reviewed in the SOC as a Service Market report are:

Check Point Software Technologies Ltd,AlienVault (AT T Cybersecurity),BlackStratus,Cygilant, Inc.,Thales e-Security, Inc.,Alert Logic, Inc.,Proficio,Netmagic Solutions (NTT DATA),Arctic Wolf Networks Inc.,ESDS Software Solution Pvt. Ltd.,Suma Soft Private Limited,Expel, Inc,RadarServices Smart IT-Security GmbH,Fortinet, Inc.,Binary Defense,eSentire, Inc.,CYREBRO,Cybersafe Solutions Llc,Digital Hands,Cysiv, Inc., and other major players.

 

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The Report Will Include A Major Chapter

  • Patent Analysis
  • Regulatory Framework
  • Technology Roadmap
  • BCG Matrix
  • Heat Map Analysis
  • Price Trend Analysis
  • Investment Analysis
  • Company Profiling and Competitive Positioning
  • Industry Value Chain Analysis
  • Market Dynamics and Factors
  • Porter’s Five Forces Analysis
  • Pestle Analysis
  • SWOT Analysis

 

Segmentation of SOC as a Service market:

In market segmentation by Service Type, SOC as a Service Market report covers:

Prevention Service,Detection Service,Incident Response Service

In market segmentation by Application, SOC as a Service Market report covers:

Network Security,Cloud Security,Application Security,Endpoint Security,Others

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Report Coverage:

Attribute

                Report Details

Market Size

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Growth Rate

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Key Companies

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Report Coverage

Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more…

Historical Data Period

2016-2020

Base Year

2021

Forecast Period

2022-2028

Region Scope

North America, Europe, Asia-Pacific, South America, Middle East Africa

Country Scope

United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc. Saudi Arabia, UAE, Egypt, Nigeria and South Africa

 

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

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