The cybersecurity monitoring services market is about to reach $15 billion.
A report by Mordor Intelligence indicates that the security operations center (SOC) market will reach $14.77 billion by 2026, reflecting the rapidly increasing need for protection against cyberattacks.
According to a report recently published by Mordor Intelligence, this market is expected to grow to $26.93 billion by 2031, with a compound annual growth rate of 12.77%.
Mordor Intelligence also provided figures showing a clear shift in service demand. Managed Detection & Response (MDR) solutions account for the largest share, with over 41% market share projected for 2025.
Meanwhile, services such as Incident Response and Threat Hunting are projected to grow by more than 13% annually until 2031. In terms of infrastructure, the hybrid cloud model will account for more than half of the market, approximately 52% in 2025, and is expected to continue its rapid growth in the coming years.
By sector, the banking, finance, and insurance groups currently lead in demand, accounting for nearly 30% of revenue from this service. Meanwhile, investment in cybersecurity monitoring services in the healthcare sector is also projected to grow by 14% annually from now until 2031.
Security experts at a cybersecurity monitoring center. Photo: Hong Ngoc
This trend is linked to a shift in how businesses approach cybersecurity. "Compliance pressure and a shortage of security analysts are pushing businesses toward a service-based model," Phan Hoang Giap, CTO of security company VSEC, told VnExpress.
According to him, cybercriminals are "weaponizing" artificial intelligence, turning the confrontation between attackers and defenders into a "knowledge race." As attacks become automated, defenders face immense pressure to detect and respond quickly. In this context, cybersecurity intelligence becomes a crucial factor.
Representatives from VSEC argue that cybersecurity risks can directly impact business operations. Therefore, Security Operations Centers (SOCs) are becoming a crucial component in the internet defense strategies of businesses.
According to this expert, the value of a Security Operations Center (SOC) no longer lies in the amount of data monitored, but in its ability to detect and quickly address threats. "Early and accurate information is key to shifting from a passive to a proactive approach," Mr. Giap said. Data such as newly discovered vulnerabilities, leaked accounts, or attack techniques help businesses "identify the enemy" and build appropriate response scenarios for each sector.
From that perspective, new SOC systems are being built to combine technology, processes, and people, in order to increase the ability to detect and respond to increasingly sophisticated cyberattacks.
Trong Dat
According to VnExpress