Security Operation Center (SOC) as a Service Market Size | SOC Market Analysis and Forecast, 2023-2030

Security Operation Center (SOC) as a Service Market Size By Service (Incident Response, Threat Monitoring, Detection, Analytics), Application (Database Security, Endpoint Security, Network Security), Deployment Mode (Cloud, On-Premise), Organization (Small and Medium Enterprises (SMEs), Large Enterprises), End-User (BFSI, IT & Telecommunication, Healthcare, Manufacturing, Public Sector, Others) And Region Global Market Analysis and Forecast, 2023-2030

🛡️ The Growing Demand for SOC as a Service

The global security operation center (SOC) as a service market is expected to grow from USD 6.05 billion in 2022 to USD 13.74 billion by 2030, at a CAGR of 10.8%.

This growth is being driven by a number of factors, including the increasing sophistication of cyber threats, the growing number of data breaches, and the need for organizations to improve their security posture.

A SOC is a team of security analysts who monitor an organization's IT infrastructure for potential threats. SOC as a service (SOCaaS) provides organizations with the benefits of a SOC without the need to invest in and maintain their own team of analysts.

𝐆𝐞𝐭 𝐚 𝐬𝐚𝐦𝐩𝐥𝐞 𝐜𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 @:
https://www.pragmamarketresearch.com/reports/119653/security-operation-center-soc-as-a-service-market/inquiry?UTM=samopr

🛡️ SOCaaS providers offer a variety of services, including:

- Threat monitoring and detection
- Incident response
- Compliance reporting
- Security consulting

SOCaaS can be a cost-effective way for organizations to improve their security posture. It can also help organizations to reduce the risk of data breaches and comply with industry regulations.

🛡️ Here are some of the key trends that are driving the growth of the SOCaaS market:

1) The increasing sophistication of cyber threats: Cyber threats are becoming increasingly sophisticated, making it difficult for organizations to defend themselves using traditional methods. SOCaaS providers have the expertise and experience to detect and respond to these threats.

2) The growing number of data breaches: The number of data breaches is increasing at an alarming rate. SOCaaS can help organizations to reduce the risk of a data breach by monitoring their IT infrastructure for potential threats and responding to incidents quickly.

3) The need for organizations to improve their security posture: In today's digital age, organizations are under increasing pressure to improve their security posture. SOCaaS can help organizations to do this by providing them with the expertise and resources they need to protect their data and systems.

🛡️ Market Dynamics And Factors For Security Operation Center (SOC) as a Service Market

Drivers: Increase in Security Breaches and Advancements in Cyberattacks Like Malware and Phishing

Restraints:
- Requirement of Sending Large Amounts of Sensitive Data to Service Providers Leading to Confidence Issues
- Higher Initial Cost of Design and Development

Opportunity:
- Increasing Need for Data Privacy Regulations Such as GDPR To Be Met by Applications, Systems, And Security Tools and Processes of The Companies

Challenges:
- Dearth of Skilled Cybersecurity Experts in SOC Operating or Outsourcing Enterprises
- Complexities in Regulatory Compliance with Third Party SOC Provider

🛡️ Regional Analysis In Security Operation Center (SOC) as a Service Market

North America dominates the Global Security Operation Center as a Service Market by having more than one-third of the total revenue share in 2021. The reason behind the success of the market in North America is the number of Security Operation Center as a Service Providers across the region. Also, North American Countries like the United States and Canada are the early adopters of any new technology in the market, due to which the count of SOC service providers has been increasing as the region is undergoing advancements in its tech industry.

𝐁𝐮𝐲 𝐅𝐮𝐥𝐥 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐒𝐢𝐧𝐠𝐥𝐞 𝐔𝐬𝐞𝐫) @ 🌐
https://www.pragmamarketresearch.com/buy/119653?type=su?utm=samopr

🛡️ Covid-19 Impact Analysis On Security Operation Center (SOC) as a Service Market

COVID-19 has an optimistic effect on the Security Operation Center (SOC)-as-a-service market. After the outbreak of the virus in 2020 the market witnessed significant growth in the demand for SOC services due to an increase in cybercrimes and data breaches across the globe the rise in cyberattacks was obviously the result of lockdowns and vanished income sources of the people.

However, after such a continuously evolving threat landscape, COVID-19 led to the constraints of operating a Security Operations Center (SOC) remotely, which increased the need for remote workforce, disparate managed and unmanaged endpoints. The phishing, malicious activities that came along with the COVID-19 helped in evolving business demands by making enterprises to redesign and develop their security posture during the COVID-19 period.

🛡️ 𝗧𝗼𝗽 𝗞𝗲𝘆 𝗣𝗹𝗮𝘆𝗲𝗿𝘀 𝗖𝗼𝘃𝗲𝗿𝗲𝗱 𝗜𝗻 𝗦𝗲𝗰𝘂𝗿𝗶𝘁𝘆 𝗢𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻 𝗖𝗲𝗻𝘁𝗲𝗿 (𝗦𝗢𝗖) 𝗮𝘀 𝗮 𝗦𝗲𝗿𝘃𝗶𝗰𝗲 𝗠𝗮𝗿𝗸𝗲𝘁

AT&T Cybersecurity Inc. (US), IBM Corporation (US), Cygilant Inc. (US), Tata Consultancy Services (India), Atos (France), Arctic Wolf Networks (US), Airbus Cybersecurity (France), Binary Defense (US), Thales Group (France), SecureWorks Inc. (US), CyberSecOp (US), Check Point Software Technologies Ltd. (Israel), BlackStratus Inc. (US), eSentire Inc. (Canada)
Verizon Communication (US), Proficio (US), RadarServices Smart IT-Security GmbH (Austria), Netsurion (US) and Other Major Players

𝐆𝐞𝐭 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭, 𝐢𝐧𝐜𝐥𝐮𝐝𝐢𝐧𝐠 𝐓𝐎𝐂, 𝐓𝐚𝐛𝐥𝐞 & 𝐅𝐢𝐠𝐮𝐫𝐞𝐬, 𝐛𝐲 𝐯𝐢𝐬𝐢𝐭𝐢𝐧𝐠: 🌐
https://www.pragmamarketresearch.com/reports/119653/security-operation-center-soc-as-a-service-market?utm=samopr

🛡️ Key Industry Development In The Security Operation Center (SOC) as a Service Market

In April 2022, Proficio, a leading provider of Managed Detection and Response service provider, launched its new ProSOC Identity Threat Detection and Response service. The service is the industry's only vendor-agnostic Open XDR solution that supports Identity Threat Detection and Response and works with existing security tools without proprietary agents or any sensors. This new service protects the client organizations from Identity-based Attacks and Credentials Abuse.

In July 2020, Thales Launches a New Integrated 24/7 NOC-SOC in the Netherlands, with the launch the company expanded its managed services for customers in the Netherlands. With the help of trained experts present 24/7, the integrated NOC-SOC can provide organizations with premium services for IS-IT asset management and cybersecurity supervision, which is a critical necessity to fulfill remote working tech needs during the Covid-19 crisis.

Related Reports: 🌐
https://www.pragmamarketresearch.com/reports/111720/global-telecom-cyber-security-solution-market

https://www.pragmamarketresearch.com/reports/94154/global-financial-cyber-security-market

https://www.pragmamarketresearch.com/reports/82234/smart-grid-cyber-security-market

Contact For SOC As a Service: 🛡️ https://www.swastidatamatrix.com/cyber-security?utm=samopr

𝑪𝒐𝒏𝒕𝒂𝒄𝒕 𝑼𝒔:
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𝐏𝐫𝐚𝐠𝐦𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 is a dynamic market research and consulting firm with experienced analysts in various industries. Our industries of expertise include Medical Devices, Pharmaceuticals, Semiconductors, Machinery, Information and Communication Technology, Automobiles, Chemicals and Materials, Packaging, Food and Beverages, Specialty Chemicals, Fast Moving Consumer Goods, and more.

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