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SOC as a Service Market Size, Share 2024

The global SOC as a Service market size is estimated to be $5.86 billion in 2023, it will reach $17.3 billion by 2032, growing at a CAGR of 12.8% during the forecast period from 2024 to 2032.

This report studies the SOC as a Service market, covering market size for segment by type (Security Information and Event Management (SIEM), Intrusion Detection and Prevention System (IDPS), etc.), by application (BFSI, IT & Telecom, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Thales, AT&T, Verizon, Fortinet, NTT, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).

Enterprise Adoption and Usage The adoption of SOCaaS is widespread across various industries, with enterprises of all sizes recognizing the benefits of outsourcing their security operations. A recent survey indicated that 60% of large enterprises (those with over 1,000 employees) have already implemented SOCaaS, while 45% of mid-sized companies (100-999 employees) have followed suit. Small businesses are catching up, with 30% now utilizing SOCaaS to protect their digital assets.

Threat Detection and Response Efficiency One of the primary advantages of SOCaaS is its effectiveness in threat detection and response. Organizations using SOCaaS report an average reduction of 45% in the time it takes to detect and respond to security incidents. This efficiency is largely due to the advanced technologies and expertise provided by SOCaaS providers, including real-time monitoring, automated threat intelligence, and rapid incident response capabilities.

Cost Savings and Resource Allocation Implementing SOCaaS has proven to be cost-effective for many organizations. On average, businesses save up to 35% on their cybersecurity budget by outsourcing their security operations center (SOC) functions. These savings are achieved through reduced staffing costs, lower investment in security infrastructure, and the ability to scale services according to need. Additionally, companies can reallocate their internal IT resources to focus on core business activities, further enhancing overall productivity.

Customer Satisfaction and Retention Customer satisfaction rates for SOCaaS are notably high, with 85% of users expressing satisfaction with the services provided. Key factors contributing to this satisfaction include improved security posture, enhanced compliance with industry regulations, and the ability to stay ahead of emerging threats. Moreover, the retention rate for SOCaaS customers is impressive, with 75% of organizations renewing their contracts annually.

Future Trends and Predictions Looking ahead, several trends are expected to shape the SOCaaS landscape. The integration of artificial intelligence (AI) and machine learning (ML) into SOCaaS platforms is anticipated to further enhance threat detection and response capabilities. Additionally, the growing adoption of cloud services and the increasing use of Internet of Things (IoT) devices will drive demand for more sophisticated and scalable SOCaaS solutions.

SOC as a Service is rapidly becoming a critical component of modern cybersecurity strategies. Its ability to provide cost-effective, efficient, and scalable security solutions makes it an attractive option for organizations looking to bolster their defenses against an ever-evolving threat landscape.

This report provides detailed historical analysis of global market for SOC as a Service from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the SOC as a Service market.

Leading Players of SOC as a Service including:

Thales

AT&T

Verizon

Fortinet

Check Point Software Technologies

Atos

Arctic Wolf Networks

Lumen Technology

CloudFlare

Teceze

Clearnetwork

ConnectWise

CyberNX Technologies

Market split by Type:

Security Information and Event Management (SIEM)

Intrusion Detection and Prevention System (IDPS)

Vulnerability Management

Endpoint Security

Others

Market split by Application:

BFSI

IT & Telecom

Healthcare

Government & Public Sector

Manufacturing

Market split by Sales Channel:

Direct Channel

Distribution Channel

Market split by Region/Country:

North America (United States and Canada)

Europe (Germany, UK, France, Italy, Spain, and Russia, etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia, etc.)

South America (Brazil, Mexico, and Argentina, etc.)

Middle East & Africa (Turkey, UAE, Saudi Arabia, and South Africa, etc.)

If you have any special requirements, please let us know and we can provide you the customized report as you want.

Report Attributes	Report Details
Report Title	SOC as a Service Market 2024-2030 by Player, Region, Type, Application and Sales Channel
Historical Year	2018 to 2022 (Data from 2010 can be provided as per availability)
Base Year	2023
Forecast Year	2031
Number of Pages	104 Pages
Customization Available	Yes, the report can be customized as per your need.

Table of Contents

Chapter 1 SOC as a Service Market Overview
1.1 SOC as a Service Definition
1.2 Global SOC as a Service Market Size Status and Outlook (2018-2032)
1.3 Global SOC as a Service Market Size Comparison by Region (2018-2032)
1.4 Global SOC as a Service Market Size Comparison by Type (2018-2032)
1.5 Global SOC as a Service Market Size Comparison by Application (2018-2032)
1.6 Global SOC as a Service Market Size Comparison by Sales Channel (2018-2032)
1.7 SOC as a Service Market Dynamics
1.7.1 Market Drivers/Opportunities
1.7.2 Market Challenges/Risks
1.7.3 Market News (Merger/Acquisition/Expansion)
1.7.4 Key Trends in SOC as a Service Market
Chapter 2 SOC as a Service Market Competition by Player
2.1 Global SOC as a Service Sales and Market Share by Player (2021-2023)
2.2 Global SOC as a Service Revenue and Market Share by Player (2021-2023)
2.3 Global SOC as a Service Average Price by Player (2021-2023)
2.4 Players Competition Situation & Trends
2.5 Conclusion of Segment by Player
Chapter 3 SOC as a Service Market Segment by Type
3.1 Global SOC as a Service Market by Type
3.1.1 Security Information and Event Management (SIEM)
3.1.2 Intrusion Detection and Prevention System (IDPS)
3.1.3 Vulnerability Management
3.1.4 Endpoint Security
3.1.5 Others
3.2 Global SOC as a Service Sales and Market Share by Type (2018-2023)
3.3 Global SOC as a Service Revenue and Market Share by Type (2018-2023)
3.4 Global SOC as a Service Average Price by Type (2018-2023)
3.5 Conclusion of Segment by Type
Chapter 4 SOC as a Service Market Segment by Application
4.1 Global SOC as a Service Market by Application
4.1.1 BFSI
4.1.2 IT & Telecom
4.1.3 Healthcare
4.1.4 Government & Public Sector
4.1.5 Manufacturing
4.2 Global SOC as a Service Revenue and Market Share by Application (2018-2023)
4.3 Conclusion of Segment by Application
Chapter 5 SOC as a Service Market Segment by Sales Channel
5.1 Global SOC as a Service Market by Sales Channel
5.1.1 Direct Channel
5.1.2 Distribution Channel
5.2 Global SOC as a Service Revenue and Market Share by Sales Channel (2018-2023)
5.3 Conclusion of Segment by Sales Channel
Chapter 6 SOC as a Service Market Segment by Region & Country
6.1 Global SOC as a Service Market Size and CAGR by Region (2018-2032)
6.2 Global SOC as a Service Sales and Market Share by Region (2018-2023)
6.3 Global SOC as a Service Revenue and Market Share by Region (2018-2023)
6.4 North America
6.4.1 North America Market by Country
6.4.2 North America SOC as a Service Market Share by Type
6.4.3 North America SOC as a Service Market Share by Application
6.4.4 United States
6.4.5 Canada
6.5 Europe
6.5.1 Europe Market by Country
6.5.2 Europe SOC as a Service Market Share by Type
6.5.3 Europe SOC as a Service Market Share by Application
6.5.4 Germany
6.5.5 UK
6.5.6 France
6.5.7 Italy
6.5.8 Spain
6.5.9 Russia
6.6 Asia-Pacific
6.6.1 Asia-Pacific Market by Country
6.6.2 Asia-Pacific SOC as a Service Market Share by Type
6.6.3 Asia-Pacific SOC as a Service Market Share by Application
6.6.4 China
6.6.5 Japan
6.6.6 Korea
6.6.7 India
6.6.8 Southeast Asia
6.6.9 Australia
6.7 South America
6.7.1 South America Market by Country
6.7.2 South America SOC as a Service Market Share by Type
6.7.3 South America SOC as a Service Market Share by Application
6.7.4 Brazil
6.7.5 Mexico
6.7.6 Argentina
6.7.7 Colombia
6.8 Middle East & Africa
6.8.1 Middle East & Africa Market by Country
6.8.2 Middle East & Africa SOC as a Service Market Share by Type
6.8.3 Middle East & Africa SOC as a Service Market Share by Application
6.8.4 Turkey
6.8.5 UAE
6.8.6 Saudi Arabia
6.8.7 South Africa
6.9 Conclusion of Segment by Region
Chapter 7 Profile of Leading SOC as a Service Players
7.1 Thales
7.1.1 Company Snapshot
7.1.2 Product/Service Offered
7.1.3 Business Performance (Sales, Price, Revenue, Gross Margin and Market Share)
7.2 AT&T
7.3 Verizon
7.4 Fortinet
7.5 NTT
7.6 IBM
7.7 Check Point Software Technologies
7.8 Atos
7.9 Arctic Wolf Networks
7.10 Lumen Technology
7.11 CloudFlare
7.12 Teceze
7.13 Clearnetwork
7.14 ConnectWise
7.15 CyberNX Technologies
Chapter 8 Upstream and Downstream Analysis of SOC as a Service
8.1 Industrial Chain of SOC as a Service
8.2 Upstream of SOC as a Service
8.3 Downstream of SOC as a Service
Chapter 9 Development Trend of SOC as a Service (2024-2032)
9.1 Global SOC as a Service Market Size (Sales and Revenue) Forecast (2024-2032)
9.2 Global SOC as a Service Market Size and CAGR Forecast by Region (2024-2032)
9.3 Global SOC as a Service Market Size and CAGR Forecast by Type (2024-2032)
9.4 Global SOC as a Service Market Size and CAGR Forecast by Application (2024-2032)
9.5 Global SOC as a Service Market Size and CAGR Forecast by Sales Channel (2024-2032)
Chapter 10 Appendix
10.1 Research Methodology
10.2 Data Sources
10.3 Disclaimer
10.4 Analysts Certification

LIST OF TABLES & FIGURES

List of Tables and Figures

Figure SOC as a Service Example
Figure Global SOC as a Service Revenue (Million $) Status and Outlook (2018-2032)
Figure Global SOC as a Service Revenue (Million $) Comparison by Region (2018-2032)
Figure Global SOC as a Service Revenue (Million $) Comparison by Type (2018-2032)
Figure Global SOC as a Service Revenue (Million $) Comparison by Application (2018-2032)
Figure Global SOC as a Service Revenue (Million $) Comparison by Sales Channel (2018-2032)
Table Global SOC as a Service Sales by Player (2021-2023)
Table Global SOC as a Service Sales Market Share by Player (2021-2023)
Figure Global SOC as a Service Sales Market Share by Player in 2023
Table Global SOC as a Service Revenue (Million $) by Player (2021-2023)
Table Global SOC as a Service Revenue Market Share by Player (2021-2023)
Figure Global SOC as a Service Revenue Market Share by Player in 2023
Table Global SOC as a Service Average Price by Player (2021-2023)
Figure Global SOC as a Service Average Price by Player in 2023
Figure Global SOC as a Service Players Competition Situation ? Top 5 Players? Revenue Market Share in 2021
Figure Global SOC as a Service Players Competition Trends ? Top 5 Players? Revenue Market Share in 2023
Figure Example of Security Information and Event Management (SIEM)
Figure Global Security Information and Event Management (SIEM) Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Intrusion Detection and Prevention System (IDPS)
Figure Global Intrusion Detection and Prevention System (IDPS) Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Vulnerability Management
Figure Global Vulnerability Management Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Endpoint Security
Figure Global Endpoint Security Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Others
Figure Global Others Revenue (Million $) and Growth Rate (2018-2023)
Table Global SOC as a Service Sales by Type (2018-2023)
Table Global SOC as a Service Sales Market Share by Type (2018-2023)
Figure Global SOC as a Service Sales Market Share by Type in 2023
Table Global SOC as a Service Revenue (Million $) by Type (2018-2023)
Table Global SOC as a Service Revenue Market Share by Type (2018-2023)
Figure Global SOC as a Service Revenue Market Share by Type in 2023
Table Global SOC as a Service Average Price by Type (2018-2023)
Figure Global SOC as a Service Average Price by Type in 2023
Table Leading Players of SOC as a Service by Type in 2023
Figure Example of BFSI
Figure Global SOC as a Service for BFSI Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of IT & Telecom
Figure Global SOC as a Service for IT & Telecom Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Healthcare
Figure Global SOC as a Service for Healthcare Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Government & Public Sector
Figure Global SOC as a Service for Government & Public Sector Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Manufacturing
Figure Global SOC as a Service for Manufacturing Revenue (Million $) and Growth Rate (2018-2023)
Table Global SOC as a Service Sales by Application (2018-2023)
Table Global SOC as a Service Sales Market Share by Application (2018-2023)
Figure Global SOC as a Service Sales Market Share by Application in 2023
Table Leading Consumers of SOC as a Service by Application in 2023
Figure Example of Direct Channel
Figure Global SOC as a Service for Direct Channel Revenue (Million $) and Growth Rate (2018-2023)
Figure Example of Distribution Channel
Figure Global SOC as a Service for Distribution Channel Revenue (Million $) and Growth Rate (2018-2023)
Table Global SOC as a Service Revenue by Sales Channel (2018-2023)
Table Global SOC as a Service Revenue Market Share by Sales Channel (2018-2023)
Figure Global SOC as a Service Revenue Market Share by Sales Channel in 2023
Table Leading Distributors/Dealers of SOC as a Service by Sales Channel in 2023
Table Global SOC as a Service Market Size and CAGR by Region (2018-2032)
Table Global SOC as a Service Sales by Region (2018-2023)
Table Global SOC as a Service Sales Market Share by Region (2018-2023)
Figure Global SOC as a Service Sales Market Share by Region in 2023
Table Global SOC as a Service Revenue (Million $) by Region (2018-2023)
Table Global SOC as a Service Revenue Market Share by Region (2018-2023)
Figure Global SOC as a Service Revenue Market Share by Region in 2023
Table North America SOC as a Service Sales by Country (2018-2023)
Figure North America SOC as a Service Sales Market Share by Country (2018-2023)
Table North America SOC as a Service Revenue by Country (2018-2023)
Figure North America SOC as a Service Revenue Market Share by Country (2018-2023)
Figure North America SOC as a Service Market Share by Type in 2023
Figure North America SOC as a Service Market Share by Application in 2023
Figure United States SOC as a Service Sales and Growth Rate (2018-2023)
Figure United States SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Canada SOC as a Service Sales and Growth Rate (2018-2023)
Figure Canada SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Table Europe SOC as a Service Sales by Country (2018-2023)
Figure Europe SOC as a Service Sales Market Share by Country (2018-2023)
Table Europe SOC as a Service Revenue by Country (2018-2023)
Figure Europe SOC as a Service Revenue Market Share by Country (2018-2023)
Figure Europe SOC as a Service Market Share by Type in 2023
Figure Europe SOC as a Service Market Share by Application in 2023
Figure Germany SOC as a Service Sales and Growth Rate (2018-2023)
Figure Germany SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure UK SOC as a Service Sales and Growth Rate (2018-2023)
Figure UK SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure France SOC as a Service Sales and Growth Rate (2018-2023)
Figure France SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Italy SOC as a Service Sales and Growth Rate (2018-2023)
Figure Italy SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Spain SOC as a Service Sales and Growth Rate (2018-2023)
Figure Spain SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Russia SOC as a Service Sales and Growth Rate (2018-2023)
Figure Russia SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Table Asia-Pacific SOC as a Service Sales by Country (2018-2023)
Figure Asia-Pacific SOC as a Service Sales Market Share by Country (2018-2023)
Table Asia-Pacific SOC as a Service Revenue by Country (2018-2023)
Figure Asia-Pacific SOC as a Service Revenue Market Share by Country (2018-2023)
Figure Asia-Pacific SOC as a Service Market Share by Type in 2023
Figure Asia-Pacific SOC as a Service Market Share by Application in 2023
Figure China SOC as a Service Sales and Growth Rate (2018-2023)
Figure China SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Japan SOC as a Service Sales and Growth Rate (2018-2023)
Figure Japan SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Korea SOC as a Service Sales and Growth Rate (2018-2023)
Figure Korea SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure India SOC as a Service Sales and Growth Rate (2018-2023)
Figure India SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Southeast Asia SOC as a Service Sales and Growth Rate (2018-2023)
Figure Southeast Asia SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Australia SOC as a Service Sales and Growth Rate (2018-2023)
Figure Australia SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Table South America SOC as a Service Sales by Country (2018-2023)
Figure South America SOC as a Service Sales Market Share by Country (2018-2023)
Table South America SOC as a Service Revenue by Country (2018-2023)
Figure South America SOC as a Service Revenue Market Share by Country (2018-2023)
Figure South America SOC as a Service Market Share by Type in 2023
Figure South America SOC as a Service Market Share by Application in 2023
Figure Brazil SOC as a Service Sales and Growth Rate (2018-2023)
Figure Brazil SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Mexico SOC as a Service Sales and Growth Rate (2018-2023)
Figure Mexico SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Argentina SOC as a Service Sales and Growth Rate (2018-2023)
Figure Argentina SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Colombia SOC as a Service Sales and Growth Rate (2018-2023)
Figure Colombia SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Table Middle East & Africa SOC as a Service Sales by Country (2018-2023)
Figure Middle East & Africa SOC as a Service Sales Market Share by Country (2018-2023)
Table Middle East & Africa SOC as a Service Revenue by Country (2018-2023)
Figure Middle East & Africa SOC as a Service Revenue Market Share by Country (2018-2023)
Figure Middle East & Africa SOC as a Service Market Share by Type in 2023
Figure Middle East & Africa SOC as a Service Market Share by Application in 2023
Figure Turkey SOC as a Service Sales and Growth Rate (2018-2023)
Figure Turkey SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure UAE SOC as a Service Sales and Growth Rate (2018-2023)
Figure UAE SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure Saudi Arabia SOC as a Service Sales and Growth Rate (2018-2023)
Figure Saudi Arabia SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Figure South Africa SOC as a Service Sales and Growth Rate (2018-2023)
Figure South Africa SOC as a Service Revenue (Million $) and Growth Rate (2018-2023)
Table Company Snapshot of Thales
Table SOC as a Service Introduction of Thales
Table SOC as a Service Sales, Price, Revenue, Gross Margin and Market Share of Thales (2021-2023)
Table Industrial Chain of SOC as a Service
Table Leading Consumers of SOC as a Service
Figure Global SOC as a Service Sales and Growth Rate Forecast (2024-2032)
Figure Global SOC as a Service Revenue and Growth Rate Forecast (2024-2032)
Table Global SOC as a Service Market Size and CAGR Forecast by Region (2024-2032)
Table Global SOC as a Service Market Size and CAGR Forecast by Type (2024-2032)
Table Global SOC as a Service Market Size and CAGR Forecast by Application (2024-2032)
Table Global SOC as a Service Market Size and CAGR Forecast by Sales Channel (2024-2032)

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SOC as a Service Market 2024-2030 by Player, Region, Type, Application and Sales Channel