The global SOCaaS market size is projected to grow from USD 6.7 billion in 2023 to USD 11.4 billion by 2028 at a CAGR of 11.2% during the forecast period, driven by factors such as complexity of cyber threats. Notable companies in the market include NTT, Verizon, Lumen Technology, and Atos. The healthcare sector will see the highest growth rate due to its unique needs.

Gem Security announces $23 Mn in Series A funding, CIOSEA News, ETCIO SEA
Cloud Detection and Response (CDR) company, Gem Security, has raised $23m in an oversubscribed Series A funding round. The round was led by GGV Capital