The Asia Pacific SOC as a Service Market would witness market growth of 10.7% CAGR during the forecast period (2022-2028).
SOC is used by the majority of businesses as part of the incident detection and response (IDR) strategy. In-house, co-managed, and fully managed SOC adoption types exist. MSSPs are pitching themselves as SOC-as-a-Service suppliers to fully manage an enterprise's security operations in order to stay up with ever-evolving cyber threats. Threat researchers are employed by these companies to collect the security data required to safeguard the company from cyber threats. In the market, many vendors are creating and growing SOC solutions. With a unified security monitoring system, the company could deliver 24x7 managed security services to enterprises throughout verticals, allowing customers to detect and react to any cyber security issue.
Defenses and knowledge are required for organizations of all sizes to monitor for threats at all hours of the day and night. SOC-as-a-Service enables enterprises to obtain an end-to-end detection and response solution that is tailored to SOC challenges at a reasonable cost. Conventionally managed security service providers (MSSPs) and managed detection and response (MDR) vendors can't compete with SOC-as-a-Service. Legacy MSSPs aren't equipped to provide advanced threat detection and response capabilities through the security operations centers (SOCs). SOCaaS shares some similarities with MDR, but it offers a more complete, adaptable, transparent, and, most significantly, more effective threat detection and response methodology.
This region has witnessed a great economic expansion, political transformations, and social transformation in recent years. China, India, and Japan have all amended or established new national cyber-security rules in response to the increasing sophistication of threats. Such countries have a big number of established SMEs that are rapidly expanding to meet the demands of the large client base. Organizations are migrating to the cloud to boost production speed and business performance. Cloud-based applications are being increasingly used by verticals such as BFSI, government, IT, and telecom to cut costs, which is driving the demand for cloud-based security solutions. Security breaches are becoming more common, government rules are becoming stricter, and basic security or traditional security solutions are becoming more popular.
India, being one of the world's fastest-growing economies, is likely to become a lucrative market for SOC-as-a-service providers. The country is seeing rapid digital transformation and increased connectivity, which is driving up demand for SOC-as-a-Service in the country. Factors like rising need for cyber security solutions against cyber-threats, number of people working remotely, adoption of personal and mobile devices by businesses, and usage of SOC-as-a-service solutions to safeguard IT, communications, and security by small and medium organizations are expected to enhance the market of SOC-as-a-service in the region.
The China market dominated the Asia Pacific SOC as a Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $906.2 million by 2028. The Japan market is anticipated to grow at a CAGR of 10% during (2022 - 2028). Additionally, The India market would display a CAGR of 11.4% during (2022 - 2028).
Based on Type, the market is segmented into Vulnerability Assessment & Threat Detection and Incident Response. Based on Vertical, the market is segmented into BFSI, IT & ITeS, Manufacturing, Telecommunications, Government & Public Sector, Healthcare & Life Sciences, Transportation & Logistics, Energy & Utilities, and Others. Based on Component, the market is segmented into Professional Services and Solution. Based on Offering Type, the market is segmented into Co-managed and Fully Managed. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Application, the market is segmented into Endpoint Security, Network Security, Cloud Security, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide SOC as a Service Market is Projected to reach USD 10.9 Billion by 2028, at a CAGR of 10.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include AT&T, Inc., IBM Corporation, NTT Data Corporation, Verizon Communications, Inc., Cloudflare, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., Atos Group, Tata Consultancy Services Ltd., and Profico.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Vulnerability Assessment & Threat Detection
- Incident Response
By Vertical
- BFSI
- IT & ITeS
- Manufacturing
- Telecommunications
- Government & Public Sector
- Healthcare & Life Sciences
- Transportation & Logistics
- Energy & Utilities
- Others
By Component
- Professional Services
- Solution
By Offering Type
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Application
- Endpoint Security
- Network Security
- Cloud Security
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- AT&T, Inc.
- IBM Corporation
- NTT Data Corporation
- Verizon Communications, Inc.
- Cloudflare, Inc.
- Fortinet, Inc.
- Check Point Software Technologies Ltd.
- Atos Group
- Tata Consultancy Services Ltd.
- Profico
TABLE 1 Asia Pacific SOC as a Service Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific SOC as a Service Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – SOC as a Service Market
TABLE 4 Product Launches And Product Expansions – SOC as a Service Market
TABLE 5 Acquisition and Mergers – SOC as a Service Market
TABLE 6 Geographical Expansions – SOC as a Service Market
TABLE 7 Asia Pacific SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Vulnerability Assessment & Threat Detection Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Vulnerability Assessment & Threat Detection Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Incident Response Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Incident Response Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 14 Asia Pacific SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 15 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific IT & ITeS Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific IT & ITeS Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Manufacturing Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Manufacturing Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Telecommunications Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Telecommunications Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Transportation & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Transportation & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 34 Asia Pacific SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Professional Services Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Professional Services Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Solution Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Solution Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 40 Asia Pacific SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Co-managed Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Co-managed Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Fully Managed Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Fully Managed Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 46 Asia Pacific SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Small & Medium Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Small & Medium Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 52 Asia Pacific SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Endpoint Security Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Endpoint Security Market by Country, 2022 - 2028, USD Million
TABLE 55 Asia Pacific Network Security Market by Country, 2018 - 2021, USD Million
TABLE 56 Asia Pacific Network Security Market by Country, 2022 - 2028, USD Million
TABLE 57 Asia Pacific Cloud Security Market by Country, 2018 - 2021, USD Million
TABLE 58 Asia Pacific Cloud Security Market by Country, 2022 - 2028, USD Million
TABLE 59 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 60 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 61 Asia Pacific SOC as a Service Market by Country, 2018 - 2021, USD Million
TABLE 62 Asia Pacific SOC as a Service Market by Country, 2022 - 2028, USD Million
TABLE 63 China SOC as a Service Market, 2018 - 2021, USD Million
TABLE 64 China SOC as a Service Market, 2022 - 2028, USD Million
TABLE 65 China SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 66 China SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 67 China SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 68 China SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 69 China SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 70 China SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 71 China SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 72 China SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 73 China SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 74 China SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 75 China SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 76 China SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 77 Japan SOC as a Service Market, 2018 - 2021, USD Million
TABLE 78 Japan SOC as a Service Market, 2022 - 2028, USD Million
TABLE 79 Japan SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 80 Japan SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 81 Japan SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 82 Japan SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 83 Japan SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 84 Japan SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 85 Japan SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 86 Japan SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 87 Japan SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 88 Japan SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 89 Japan SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 90 Japan SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 91 India SOC as a Service Market, 2018 - 2021, USD Million
TABLE 92 India SOC as a Service Market, 2022 - 2028, USD Million
TABLE 93 India SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 94 India SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 95 India SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 96 India SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 97 India SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 98 India SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 99 India SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 100 India SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 101 India SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 102 India SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 103 India SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 104 India SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 105 South Korea SOC as a Service Market, 2018 - 2021, USD Million
TABLE 106 South Korea SOC as a Service Market, 2022 - 2028, USD Million
TABLE 107 South Korea SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 108 South Korea SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 109 South Korea SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 110 South Korea SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 111 South Korea SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 112 South Korea SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 113 South Korea SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 114 South Korea SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 115 South Korea SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 116 South Korea SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 117 South Korea SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 118 South Korea SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 119 Singapore SOC as a Service Market, 2018 - 2021, USD Million
TABLE 120 Singapore SOC as a Service Market, 2022 - 2028, USD Million
TABLE 121 Singapore SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 122 Singapore SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 123 Singapore SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 124 Singapore SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 125 Singapore SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 126 Singapore SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 127 Singapore SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 128 Singapore SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 129 Singapore SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 130 Singapore SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 131 Singapore SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 132 Singapore SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 133 Malaysia SOC as a Service Market, 2018 - 2021, USD Million
TABLE 134 Malaysia SOC as a Service Market, 2022 - 2028, USD Million
TABLE 135 Malaysia SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 136 Malaysia SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 137 Malaysia SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 138 Malaysia SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 139 Malaysia SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 140 Malaysia SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 141 Malaysia SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 142 Malaysia SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 143 Malaysia SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 144 Malaysia SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 145 Malaysia SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 146 Malaysia SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 147 Rest of Asia Pacific SOC as a Service Market, 2018 - 2021, USD Million
TABLE 148 Rest of Asia Pacific SOC as a Service Market, 2022 - 2028, USD Million
TABLE 149 Rest of Asia Pacific SOC as a Service Market by Type, 2018 - 2021, USD Million
TABLE 150 Rest of Asia Pacific SOC as a Service Market by Type, 2022 - 2028, USD Million
TABLE 151 Rest of Asia Pacific SOC as a Service Market by Vertical, 2018 - 2021, USD Million
TABLE 152 Rest of Asia Pacific SOC as a Service Market by Vertical, 2022 - 2028, USD Million
TABLE 153 Rest of Asia Pacific SOC as a Service Market by Component, 2018 - 2021, USD Million
TABLE 154 Rest of Asia Pacific SOC as a Service Market by Component, 2022 - 2028, USD Million
TABLE 155 Rest of Asia Pacific SOC as a Service Market by Offering Type, 2018 - 2021, USD Million
TABLE 156 Rest of Asia Pacific SOC as a Service Market by Offering Type, 2022 - 2028, USD Million
TABLE 157 Rest of Asia Pacific SOC as a Service Market by Organization Size, 2018 - 2021, USD Million
TABLE 158 Rest of Asia Pacific SOC as a Service Market by Organization Size, 2022 - 2028, USD Million
TABLE 159 Rest of Asia Pacific SOC as a Service Market by Application, 2018 - 2021, USD Million
TABLE 160 Rest of Asia Pacific SOC as a Service Market by Application, 2022 - 2028, USD Million
TABLE 161 Key Information – AT&T, Inc.
TABLE 162 Key information – IBM Corporation
TABLE 163 Key Information – NTT Data Corporation
TABLE 164 key information – Verizon Communications, Inc.
TABLE 165 Key Information – Cloudflare, Inc.
TABLE 166 key information – Fortinet, Inc.
TABLE 167 Key Information – Check Point Software Technologies Ltd.
TABLE 168 key information – Atos Group
TABLE 169 Key Information – Tata Consultancy Services Ltd.
TABLE 170 Key Information – Profico
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Market Share Analysis, 2021
FIG 4 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 5 Recent strategies and developments: International Business Machines Corporation
FIG 6 Recent strategies and developments: NTT Data Corporation
FIG 7 SWOT Analysis: NTT Data Corporation
FIG 8 SWOT Analysis: Tata Consultancy Services Ltd.