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Security Operations Center as a Service (SOCaaS) Market, Service Type (Prevention Services, Detection Services, Incident Response Services), Threat Type, Offering, Organization Size, Application, Industry Vertical, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America).
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Security Operations Centre as a Service (SOCaaS) Market – Trends and Forecast Till 2030 sales@delvens.comwww.delvens.com
Security Operations Centre as a Service (SOCaaS) Market – Trends and Forecast Till 2030 Security Operations Center as a Service (SOCaaS) Market, Service Type (Prevention Services, Detection Services, Incident Response Services), Threat Type, Offering, Organization Size, Application, Industry Vertical, and region (North America, Europe, Asia-Pacific, Middle East and Africa and South America). Request For Free Sample Report:https://www.delvens.com/get-free-sample/security-operations-centre-as-a-service-socaas-market sales@delvens.com www.delvens.com
Market Overview The global Security Operations Center as a Service (SOCaaS) market size was estimated at USD 6.4 billion in 2023 and is projected to reach USD 13.4 billion in 2030 at a CAGR of 11.2% during the forecast period 2024-2030. The Security Operation Center (SOC) as a service market is witnessing significant growth, driven by the escalating frequency and sophistication of cyberattacks. Businesses worldwide are increasingly turning to SOC solutions to bolster their cybersecurity defenses, particularly in light of the rising number of data breaches and cyber threats. According to a survey by the UK Government, 40% of micro and small businesses in the UK experienced cyberattacks in 2023, with phishing being the most common, followed by more advanced threats such as malware and ransomware. Purchase this Report:https://www.delvens.com/checkout/security-operations-centre-as-a-service-socaas-market sales@delvens.com www.delvens.com
Key Findings On the basis of Service Type, the threat detection and incident response segment has emerged as the fastest-growing service type within the SOC as a Service (SOCaaS) market, driven by its critical role in combating increasingly sophisticated cyber threats. This segment focuses on rapid threat detection, expert incident response, and proactive measures to prevent breaches. On the basis of Organization size, in 2022, the large enterprises segment led the SOC as a service market with significant revenue, totalling around USD 1.5 million. These enterprises are leveraging collaborations with innovative technology providers and cybersecurity experts to expand their capabilities. On the basis of Industry vertical, in 2023, the BFSI segment held a significant 27% share of the security operations center as a service (SOCaaS) market. Within this sector, SOCaaS plays a crucial role in monitoring financial transactions in real-time. It continuously analyses transactions to detect unusual patterns or discrepancies that could signal fraud or unauthorized activities. sales@delvens.com www.delvens.com
Key Findings The market is also divided into various regions such as North America, Europe, Asia-Pacific, South America, and Middle East and Africa. North America maintains its leading position in the SOC as a Service (SOCaaS) market, driven by several key factors. This includes the concentration of major industry players, a high incidence of cyberattacks, widespread adoption of cloud-based technologies, and stringent adherence to robust security regulations. These elements collectively contribute to North America's significant market share, underscoring its pivotal role in advancing cybersecurity solutions and safeguarding digital environments against evolving threats. Inquire Before Buying: https://www.delvens.com/Inquire-before-buying/security-operations-centre-as-a-service-socaas-market sales@delvens.com www.delvens.com
Competitive Landscape • Proficio • Airbus • Connectwise • Clearnetwork, Inc. • Esec Forte • Cybersafe Solutions • Teceze • Netsurion • Foresite Cybersecurity • Ascend Technologies • Safeaeon • Wizardcyber • Ntt • Verizon • Lumen Technology • Atos • Fortinet • Thales • Kaseya • Cloudflare • At&T Cybersecurity Inc. • Arctic Wolf • Trustwave sales@delvens.com www.delvens.com
Recent Developments In June 2023, AT&T France partnered with Vertek from the US to launch Unified Security Management (USM) Anywhere services aimed at enterprises. This collaboration integrates Vertek's advanced Security Operations Center (SOC), offering proactive and predictive threat detection and mitigation services. Leveraging AT&T Cybersecurity's platform, the SOC services include real-time intrusion detection, continuous monitoring, rapid response capabilities, vulnerability scanning, behavioral monitoring, as well as Security Information and Event Management (SIEM) and log management. In April 2022, NTT Communications (Japan) launched "OsecT," a cloud-based security service aimed at SMEs that focuses on visualizing and identifying security risks within factory production line control systems. The service enhances risk visibility and promptly identifies anomalies, aligning closely with the objectives of Security Operations Center as a Service (SOCaaS). By addressing vulnerabilities in control systems, "OsecT" enhances security in manufacturing environments, contributing to resilience and aligning with broader SOCaaS market goals. sales@delvens.com www.delvens.com
Contact Information About Us: Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally. Contact Us: +44-20-3290-6466 +1 214-377-1144 sales@delvens.com sales@delvens.com www.delvens.com