Global SoC as a Service Market Size Study, by Service Type, Security Type, and Regional Forecasts 2022-2032

Description

The Global SoC as a Service Market, valued at approximately USD 6.57 billion in 2023, is expected to exhibit a robust CAGR of 12.20% over the forecast period 2024-2032. The increasing complexity of cyber threats, coupled with the rapid digital transformation of businesses, has driven the demand for Security Operations Center (SoC) as a service. Organizations across various industries are leveraging advanced threat detection, real-time security monitoring, and managed security services to safeguard their digital assets from cyberattacks. With the growing adoption of cloud computing, IoT, and remote work infrastructures, businesses are shifting toward outsourced SoC services to mitigate security vulnerabilities while ensuring compliance with stringent regulatory frameworks.

As cybercriminals employ more sophisticated attack techniques, enterprises are actively integrating AI-driven security analytics, endpoint protection, and proactive threat hunting capabilities into their security operations. The demand for managed SIEM (Security Information and Event Management) & log management solutions is on the rise as organizations aim to centralize threat intelligence and incident response. Additionally, vulnerability scanning and automated remediation solutions are becoming increasingly crucial for enterprises seeking real-time risk assessment and compliance enforcement. The emergence of hybrid SoC models, combining on-premises security with cloud-based analytics, is reshaping the market landscape, offering enhanced agility and scalability.

Despite its promising growth trajectory, the SoC as a Service market faces challenges, including high implementation costs, skill shortages in cybersecurity personnel, and integration complexities with existing IT infrastructure. Furthermore, the growing volume of security alerts and false positives often leads to alert fatigue, necessitating advanced machine learning algorithms and AI-driven automation to streamline threat detection and incident response. However, with ongoing advancements in next-gen SIEM, XDR (Extended Detection and Response), and automated security orchestration, the market is poised for significant expansion, unlocking new revenue streams for security service providers.

From a regional perspective, North America dominates the SoC as a Service market, driven by stringent data protection laws, high adoption of cloud security solutions, and the presence of leading cybersecurity vendors. Meanwhile, the Asia Pacific region is expected to witness the highest growth rate, fueled by increasing cyber threats, rapid digitalization, and evolving regulatory frameworks in key economies such as China, India, and Japan. Europe remains a crucial market, with stringent GDPR compliance regulations accelerating the adoption of managed security services. The market in Latin America and the Middle East & Africa is also expanding, as businesses invest in proactive cybersecurity measures to counter rising cyber threats and data breaches.

Major Market Players Included in This Report

IBM Corporation
Cisco Systems, Inc.
AT&T Cybersecurity
Rapid7, Inc.
Fortinet, Inc.
Palo Alto Networks, Inc.
Check Point Software Technologies Ltd.
Splunk Inc.
DXC Technology
Broadcom Inc.
Accenture plc
Trend Micro Incorporated
FireEye, Inc.
SecureWorks, Inc.
Trustwave Holdings, Inc.

The Detailed Segments and Sub-Segments of the Market Are Explained Below

By Service Type

Managed SIEM & Log Management
Vulnerability Scanning & Assessment
Threat Detection & Remediation

By Security Type

Endpoint Security
Network Security
Cloud Security

By Region

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia Pacific
China
India
Japan
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Years Considered for the Study
Historical Year: 2022
Base Year: 2023
Forecast Period: 2024-2032
Key Takeaways
Market Estimates & Forecasts spanning 10 years from 2022 to 2032.
Annualized revenue analysis at both global and regional levels.
In-depth geographical breakdown with country-level insights for major regions.
Competitive landscape assessment, covering key players and their strategic developments.
Evaluation of key business strategies and future market approaches.
Structural analysis of market competition.
Demand-side and supply-side assessments of market trends.

Chapter 1. Global SoC as a Service Market Executive Summary

1.1. Global SoC as a Service Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Service Type
- 1.3.2. By Security Type
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global SoC as a Service Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global SoC as a Service Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Cyber Threat Complexity and Digital Transformation
- 3.1.2. Rising Demand for Cloud-based Security and IoT Protection
- 3.1.3. Expansion of Managed Security Services and Regulatory Compliance
3.2. Market Challenges
- 3.2.1. High Implementation Costs and Integration Complexities
- 3.2.2. Shortage of Skilled Cybersecurity Professionals and Alert Fatigue
3.3. Market Opportunities
- 3.3.1. Advancements in Next-Gen SIEM, XDR, and Automated Orchestration
- 3.3.2. Growth in Hybrid SoC Models and Zero-Trust Architectures
- 3.3.3. Emergence of AI-Driven Threat Intelligence and Risk Mitigation

Chapter 4. Global SoC as a Service Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunity
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global SoC as a Service Market Size & Forecasts by Service Type 2022-2032

5.1. Segment Dashboard
5.2. Global SoC as a Service Market: Service Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 5.2.1. Managed SIEM & Log Management
- 5.2.2. Vulnerability Scanning & Assessment
- 5.2.3. Threat Detection & Remediation

Chapter 6. Global SoC as a Service Market Size & Forecasts by Security Type 2022-2032

6.1. Segment Dashboard
6.2. Global SoC as a Service Market: Security Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
- 6.2.1. Endpoint Security
- 6.2.2. Network Security
- 6.2.3. Cloud Security

Chapter 7. Global SoC as a Service Market Size & Forecasts by Region 2022-2032

7.1. North America SoC as a Service Market
- 7.1.1. U.S. SoC as a Service Market
  - 7.1.1.1. Security Type & Service Type Breakdown & Forecasts, 2022-2032
  - 7.1.1.2. Demand & Application Breakdown & Forecasts, 2022-2032
- 7.1.2. Canada SoC as a Service Market
7.2. Europe SoC as a Service Market
- 7.2.1. UK SoC as a Service Market
- 7.2.2. Germany SoC as a Service Market
- 7.2.3. France SoC as a Service Market
- 7.2.4. Spain SoC as a Service Market
- 7.2.5. Italy SoC as a Service Market
- 7.2.6. Rest of Europe SoC as a Service Market
7.3. Asia Pacific SoC as a Service Market
- 7.3.1. China SoC as a Service Market
- 7.3.2. India SoC as a Service Market
- 7.3.3. Japan SoC as a Service Market
- 7.3.4. Australia SoC as a Service Market
- 7.3.5. South Korea SoC as a Service Market
- 7.3.6. Rest of Asia Pacific SoC as a Service Market
7.4. Latin America SoC as a Service Market
- 7.4.1. Brazil SoC as a Service Market
- 7.4.2. Mexico SoC as a Service Market
- 7.4.3. Rest of Latin America SoC as a Service Market
7.5. Middle East & Africa SoC as a Service Market
- 7.5.1. Saudi Arabia SoC as a Service Market
- 7.5.2. South Africa SoC as a Service Market
- 7.5.3. Rest of Middle East & Africa SoC as a Service Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. IBM Corporation
- 8.1.2. Cisco Systems, Inc.
- 8.1.3. AT&T Cybersecurity
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. IBM Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Market Strategies
- 8.3.2. Cisco Systems, Inc.
- 8.3.3. AT&T Cybersecurity
- 8.3.4. Rapid7, Inc.
- 8.3.5. Fortinet, Inc.
- 8.3.6. Palo Alto Networks, Inc.
- 8.3.7. Check Point Software Technologies Ltd.
- 8.3.8. Splunk Inc.
- 8.3.9. DXC Technology
- 8.3.10. Broadcom Inc.
- 8.3.11. Accenture plc
- 8.3.12. Trend Micro Incorporated
- 8.3.13. FireEye, Inc.
- 8.3.14. SecureWorks, Inc.
- 8.3.15. Trustwave Holdings, Inc.

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes