Global MSS Market Enters High-Growth Phase as Demand Soars for Cloud-Native SOC and MDR Services
TechMarket Experts, a unit of Industry Experts, Inc., has introduced a new study, " Managed Security Services (MSS) - A Global Market Overview ," estimating that worldwide MSS revenues will climb from US$33 billion in 2024 to more than US$62 billion by 2030, registering a CAGR of 11.1% during the forecast period. Growth is being fueled by intensifying cyber threats, complex compliance requirements, and a persistent shortage of skilled cybersecurity professionals, with organizations increasingly outsourcing SOC capabilities to strengthen resilience and ensure regulatory adherence. North America accounted for the largest market share in 2024 with US$24.2 billion, driven by mature cybersecurity adoption in BFSI, healthcare, and government sectors, alongside demand for co-managed SOCs and compliance with HIPAA, CCPA, and NIST frameworks. Asia-Pacific is projected to be the fastest-growing region, registering an 8.6% CAGR between 2024 and 2030, supported by acceler...