Forecast: SOCaaS Market to Grow at 11.2% CAGR, Reaching $11.4 Billion by 2028

The SOCaaS market experienced substantial growth due to the rising complexity of cyber threats, rapid technological progress, the high trend of BYOD, CYOD, and WFH, and complex threat response. Organizations are pursuing robust SOCaaS solutions to secure their data amid modern cybersecurity practices. Additionally, SOCaaS providers are responding with innovative solutions to preserve digital assets, privacy, and data integrity, capitalizing on the heightened demand.