Global Market Size, Forecast and Trend Highlights Over 2025-2037
Security Operations Center Market size was valued at USD 44.2 billion in 2024 and is expected to reach a valuation of USD 152.5 billion in 2037, expanding at a CAGR of 10% during the forecast period, i.e. 2025-2037. In 2025, the industry size of security operations center is assessed at USD 48.6 billion.
Businesses have been facing security challenges while mitigating cloud environments, and these challenges necessitate robust security operations centers, to detect vulnerabilities, address cloud-specific threats, and monitor cloud infrastructure. The traditional data center models are often inadequate to handle the dynamic nature of cloud computing, which makes it necessary for organizations to build fresh strategies and skills tailored to keeping the data in the cloud safe. Companies have created new solutions to enhance more secure cloud operations.
Organizations have been establishing dedicated security operations centers with expertise in cloud security practices, incident response, and threat detection, in order to mitigate cloud-specific threats. The managed SOC solutions are capable of accommodating the changing business requirements, and evolving threat risks. This ensures the adaptability of these solutions to several security requirements. For instance, SADA launched its Managed Security Operations service in October 2024, using Google Security Operations to provide round-the-clock security services for organizations.
Security Operations Center Market: Growth Drivers and Challenges
Growth Drivers
- High-profile data breaches: Big data breaches and ransomware attacks have significantly heightened awareness about constant monitoring and advanced threat detection from Security Operations centers (SOCs), which have become crucial. T-Mobile had its biggest data breach in 2024, affecting 76.6 million consumers in the U.S., leading to a settlement with the Federal Communications Commission that cost them USD 31.5 million in September 2024. The continually rising frequency of such thefts and breaches has led to product developments and strategic partnerships, aimed at accelerating the cybersecurity infrastructure. In July 2024, a computer research organization called C-DAC joined forces with Socionext and MosChip to create a new super-fast computing processor named AUM. The processor runs on Arm Architecture and has been developed to help protect data from cyberattacks.
- Rising cybersecurity threats: The increasing cases and complexity of cyberattacks have made it necessary for companies to prioritize robust security measures with SOCs, which play a major role in threat identification in real-time, response, and mitigation. Businesses from small to large faced higher cybercrime risks in 2024. In series C startups, 72% expected cyberattacks, highlighting the pervasive nature of these risks. SOC capabilities have grown better with new partnerships formed to address these developing security threats. Companies are collaborating in order to expand their SOC operations globally. For instance, in September 2024, Red Canary and Palo Alto Networks worked together to expand their offer of security service management with Cortex XSIAM, aiming to modernize SOCs by combining AI from Red Canary with Palo Alto Networks' expert threat insight.
Challenges
- Shortage of skilled cybersecurity professionals: The lack of qualified cybersecurity experts globally creates real problems for SOC. Effective SOC operations need people with different skills including threat analysis, incident response, and security management to defeat complex cyberattacks. However, the demand for cybersecurity staff far exceeds the supply, creating difficult situations in recruiting and retaining skilled staff. The lack of qualified experts limits the growth of the security operations center market as organizations struggle to keep costs down and respond quickly when there are not enough trained staff available to work.
- Data privacy and compliance issues: The issue of keeping clients' data private and compliance is tough for SOC teams, especially in managing and handling cross-border data flows. Regulations such as GDPR and HIPAA enable organizations to meet exact requirements for keeping and handling customer data in the right way. SOCs must follow these rules very carefully across all their offices worldwide. Non-compliance risks, including hefty fines and reputational damage, necessitate SOCs to invest heavily in monitoring tools, secure data management systems, and legal expertise to remain compliant.
Security Operations Center Market: Key Insights:
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
10% |
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Base Year Market Size (2024) |
USD 44.2 billion |
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Forecast Year Market Size (2037) |
USD 152.5 billion |
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Regional Scope |
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Security Operations Center Segmentation
Model (In-House, Outsourced SOC)
The in-house segment is set to capture over 63.3% security operations center market share by 2037. Businesses have been increasingly opting for in-house SOCs, to establish their SOCs due to their need for tighter control over cyber security efforts. A customized security approach matches security systems to both organizational demands and mandatory rules effectively. By running their security operation centers, companies develop unique protection solutions that fit perfectly with their business operations. Set control is especially helpful for companies working with confidential data or under stringent sector rules.
When security operations happen within an organization, their systems can easily connect making security work run better. SOC teams use their existing IT platforms better when they integrate them into their security operations which saves budget from new technology purchases. Having security built directly into IT plans makes it easier to create a complete cybersecurity solution for the entire organization. When security teams operate alongside the business, they strengthen security outcomes while improving how incidents are handled.
Service (Security Monitoring Service, Information Security Incident Response Service, Threat and Vulnerability Identification, Digital Forensics and Malware Analysis Service, Risk Reporting)
The security monitoring service segment in security operations center market is expected to register rapid revenue growth during the assessment period. Companies use advanced technology tools such as AI and ML to make their security monitoring systems better. Security tools that use AI allow faster threat discovery and boost security results. Organizations are outsourcing their security tasks to expert providers owing to the requirement for more advanced solutions against regular security threats. Companies invest in SOC-as-a-service security management solutions due to this trend. Many companies have started offering these solutions to organizations seeking affordable and scalable security services. For instance, in May 2022, Expel, Inc. expanded its SOC-as-a-service platform to include deeper integrations with cloud environments, enabling companies to monitor and respond to threats across hybrid infrastructures.
Our in-depth analysis of the global security operations center market includes the following segments:
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Service |
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Model |
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Organization Size |
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Industry Vertical |
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Customize this ReportSecurity Operations Center Industry - Regional Scope
North America Market
North America security operations center market is expected to capture revenue share of over 53.3% by 2037, owing to the increasing demand for modern security operations from advanced technologies, including AI and ML. These technologies allow security operations center to find threats faster and respond better while managing their processes effectively. Businesses are looking to specialized security service providers as cyber threats are becoming advanced. More companies are hiring cybersecurity experts to expand their managed security services which include SOC-as-a-Service solutions. Companies have been reducing their security expenses by using external services that include advanced defensive systems and cybersecurity professionals. Organizations are relying on SOCs, as these services help them handle cyber threats more effectively.
The security operations center market in the U.S. is highly dependent on the growing complexity of cyber threats, which has resulted in the outsourcing of security operations by many companies, to specialized providers. These services include the SOC-as-a-Service offerings and have led to an expansion of managed security services. In 2021, AT&T Cybersecurity expanded its SOC-as-a-service offerings, providing companies with cost-effective and scalable security solutions. Moreover, many companies are focused on integrating advanced technologies including AI, ML, and automation into their SOC operations. These technologies are paving the way for security operations with their capability of offering threat detection, response times, as well as overall effectiveness of security. IBM introduced its AI-powered security platform, QRadar in April 2023. The platform is designed to offer capabilities such as threat detection and response.
The Canada security operations center market is witnessing significant growth as the government is proactively enhancing cybersecurity infrastructure and coming up with initiatives including the National Cyber Security Strategy and the establishment of the Cyber Security Innovation Network. The Communications Security Establishment fights new security threats through improved cyber security, which increases demand for SOC solutions. In February 2023, the government of Canada joined forces with IBM and other companies to create anti-hacking programs that update national cyber protection systems. The government's support had created a favorable environment for security operations centers to advance. There was an increase in demand for outsourcing security operations in the country. TELUS Cybersecurity, in 2021, introduced its SOC-as-a-Service solution, as a way to provide businesses with affordable security services that scale easily and offer premium monitoring quality.
Asia Pacific Market Analysis
The Asia Pacific security operations center market is expected to account for a significant revenue share between 2025 and 2037. The region has experienced a rise in cyberattacks, prompting organizations to upgrade their security systems. Businesses are spending more on SOC services, attributed to the rise in the number of complex cyberattacks. The development of new public spaces such as roads, airports, shops, and business centers has created a stronger need for security across this region. More development requires well-designed security monitoring teams to safeguard assets and ensure public safety, making SOCs grow stronger in the security operations center market.
Collaborations between regional and global companies are expected to strengthen the SOC landscape. The companies in the region are also coming out with advancements in SOCs. For instance, IBM announced the opening of a new SOC in February 2022. This center is the first in the region and is equipped to train organizations in cyber resilience, offering advanced cybersecurity services to businesses across the region.
The China security operations center market is growing rapidly, as a result of new laws enforced by the local government. The government passed stringent cybersecurity laws and regulations, such as the Law of the People's Republic of China, allowing companies to make their cybersecurity systems better. The local government rules have led companies to invest in SOCs to follow regulations and guard their essential systems. Many companies are outsourcing security tasks to businesses that focus on this area. This shift has led to the emergence of SOC-as-a-service offerings, providing scalable and cost-effective solutions. With the advancements in AI, the SOCs in China use machine learning tools to automatically spot, stop, and use skills that outline future threats. More companies require SOC services to control their AI-based security tools as companies are implementing AI in their security systems.
The India security operations center market is experiencing significant growth, driven by several major initiatives by the Indian government in this sector. The government is enhancing its cybersecurity plan with key measures including the National Cyber Security Policy and the creation of the Indian Cyber Crime Coordination Centre (I4C). These programs work to protect different parts of the country from cyberattacks, which makes businesses ask for more SOCs to stay safe.
Companies Dominating the Security Operations Center Market
- Capgemini SE
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- SYSMANTEC CORPORATION
- AT&T Inc.
- Cisco Systems, Inc.
- Fortinet
- F5 Networks, Inc.
- SecureWorks Corp.
- Raytheon Company
- Dark Matters, Inc.
- Rapid7, Inc.
- Alert Logic, Inc.
- Netdatavault
- Digital Guardian Inc.
The competitive landscape of the security operations center market is rapidly evolving, attributed to the integration of advanced technologies in security operations centers by key players. They are focused on developing new technologies and products catering to the stringent regulatory norms and consumer demand. These key players are adopting several strategies such as mergers and acquisitions, joint ventures, partnerships, and novel product launches to enhance their product base and strengthen their market position. Here are some key players operating in the global security operations center market:
In the News
- In September 2024, Tata Consultancy Services partnered with Google Cloud to make advancements in its SOC offerings by integrating advanced analytics and automation, aimed at providing more effective and efficient threat detection and response services.
- In December 2021, ATOS launched its managed detection and response services, which offers 24/7 monitoring and advanced threat detection in order to help organizations manage cyber threats and cyberattacks.
Author Credits: Abhishek Verma
- Report ID: 7065
- Published Date: Jan 29, 2025
- Report Format: PDF, PPT
