Security & Safety Products & Services

Security Monitoring Services: Market Size, Growth & Forecast to 2030

The Security Monitoring Services market is valued at about $22.4 billion (2026) and is projected to grow at a 7.6% CAGR through 2030. The largest cost driver is Labor (Security Analysts and Engineers) (45% of spend). North America leads demand at 40%.

Market size
$22.4 bn (2026)
CAGR to 2030
+7.6%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 7.6% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 144

Cost structure

Labor (Security Analysts and Engineers)
45%
Software Licensing and SIEM Infrastructure
25%
Facilities and SOC Overhead
15%
Data Storage and Cloud Hosting
10%
Telecom and Network Connectivity
5%

Regional demand split

North America demand
40%
Europe demand
28%
Asia Pacific demand
22%
Rest of world demand
10%

Key suppliers

IBM SecuritySecureworksAccenture SecurityAT&T CybersecurityCrowdStrikeOptiv
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Claight market analysis of proprietary and public data. Full report: /category-intelligence/security-monitoring-services