Growing AI-Driven Technologies to Drive the Demand for SOC as a Service Market

Published: May 2024

Global security operations center as a service market is anticipated to grow at a significant CAGR of 14.3% during the forecast period (2024-2031). Threat detection and response are being revolutionized by AI-driven SOC services thus driving the rise of the SOC as a service market. These services quickly detect and mitigate cyber risks by analyzing large datasets in real-time using cutting-edge artificial intelligence (AI) algorithms. For instance, in April 2022, Vectra AI, in partnership with Neutron Engineering and Vectra AI Inc., introduced a state-of-the-art SOC as a service. Through this partnership, Neutron Engineering and Vectra's best cyber detection techniques are combined. The need for AI-driven SOC services will rise as companies place a greater emphasis on preventive cybersecurity measures, which will further accelerate market expansion.

Browse the full report description of “Security Operations Center as a Service Market Size, Share & Trends Analysis Report by Security Type (Hardware Security Modules (HSMs), Trusted Execution Environment (TEE), Security Updates and Patch Management and Secure Communication Protocols), and by Application (Smartphones, Automotive, Consumer Electronics, Healthcare, Telecommunication and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/security-operations-center-as-a-service-market

The SOC as a service market's revenue is being driven by the widespread use of the remote work model. Employees now operate from a variety of locations, which has greatly increased the attack surface for cyber-attacks. Businesses are using SOC as a service to guarantee threat detection, continuous monitoring, and quick response times. In addition to helping remote organizations safeguard their networks and data, these services offer scalable and specialized security solutions, which in turn are fueling the need for SOC as a service in the ever-changing digital ecosystem.

In February 2024, Infoblox launched anewBloxOne AI-Powered SOC which hascapabilities to reduces critical security operations challenges. SOC Insights augments BloxOnethreat defense ability to stop threats before they occur, providing faster investigation and response times. AI-driven SOC Insights analyzes vast amounts of threat and network data to identify what matters most, provides actionable insights, and drives automation with the broader security ecosystem for rapid remediation and containment.

Market Coverage

The market number available for – 2023-203

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Security Type

o By Application

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includesCargill, Inc., Valero Energy Corp., Wilmar International Ltd., Afyren SAS, Clariant AG, and Sekab, among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Security Operations Center as a Service Market Report Segment

By Security Type

  • Hardware Security Modules (HSMs)
  • Trusted Execution Environment (TEE)
  • Security Updates and Patch Management
  • Secure Communication Protocols

By Application

  • Smartphones
  • Automotive
  • Consumer Electronics
  • Healthcare
  • Telecommunication
  • Others

Global Security Operations Center as a Service Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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