From lecture notes$^\zeta$ I've been reading that:
Consider a real three-component scalar field $$\phi=\begin{pmatrix}\phi_1 \\\ \phi_2 \\\ \phi_3\end{pmatrix}\tag{a}$$ with Lagrangian $$\mathcal{L}=\frac12\partial_\mu\phi^T\partial^\mu\phi-\frac12m^2\phi^T\phi-\frac14\left(\phi^T\phi\right)^2.\tag{1}$$ This Lagrangian is invariant under internal transformations that correspond to multiplication by a $3\times 3$ matrix $M$, $$\phi\to M\phi\tag{2},$$ provided that the transformation leaves the combination $\phi^T\phi$ invariant for any $\phi$. Because $$\phi^T\phi\to \left(M \phi\right)^TM\phi=\phi^TM^TM\phi\tag{3},$$ this is true if $M^TM=\mathbb{I}$. In other words, the matrix $M$ has to be an orthogonal $3\times 3$ matrix. These matrices form a group called $\mathrm{O}(3)$.
The notes eventually generalize to complex $N$-component scalar fields:
Consider a complex $N$-component scalar field $$\phi=\begin{pmatrix}\phi_1 \\\ \phi_2 \\\ \vdots \\\ \phi_N\end{pmatrix}\tag{b}$$ we find that the Lagrangian $$\mathcal{L}={\partial_\mu}\phi^\dagger\partial^\mu\phi-V\left(\phi^\dagger\phi\right)\tag{4}$$ is invariant under $\mathrm{U}(N)$ transformations. If the scalar field components are real, the symmetry group of the Lagrangian $$\mathcal{L}={\partial_\mu}\phi^T\partial^\mu\phi-V\left(\phi^T\phi\right)\tag{5}$$ is $\mathrm{O}(N)$.
Most of the above passages were included to provide some context; I'm not that concerned with equations $(1)-(5)$, it is equations $(\mathrm{a})$ and $(\mathrm{b})$ that I don't know how to interpret.
For now taking eqn. $(\mathrm{a})$, $$\phi=\begin{pmatrix}\phi_1 \\\ \phi_2 \\\ \phi_3\end{pmatrix}$$ I'm getting confused by the nomenclature used in the above passages of notes. This 'object', $\phi$ which is called a "scalar field" must actually be a vector, since it has components. But how does one interpret these components, $\phi_1,\,\phi_2,\,\phi_3$?
For comparison, the electric-field is a vector-field and can be written as $$\vec E=\begin{pmatrix}E_x \\\ E_y \\\ E_z\end{pmatrix}$$ where $E_x,\,E_y,\,E_z$ are the (Cartesian) components which are the orthogonal directions of this vector field.
But I can't write $(\mathrm{a})$ as $$\vec\phi=\begin{pmatrix}\phi_1 \\\ \phi_2 \\\ \phi_3\end{pmatrix}$$ and claim that $\phi_1,\,\phi_2,\,\phi_3$ are the 'directions' of $\vec \phi$, even though $\phi$ in eqn. $(\mathrm{a})$ really is a vector.
So if the components are not 'directions' perhaps they are representing something else, such as a label for each particle in the system, this would appear to make more sense especially considering eqn. $(\mathrm{b})$, $$\phi=\begin{pmatrix}\phi_1 \\\ \phi_2 \\\ \vdots \\\ \phi_N\end{pmatrix}$$ where $\phi_1,\,\phi_2,\,\cdots\phi_N$ are the field components for each of the respective particles in the field.
What is the correct way to interpret these scalar field components?
$\zeta$ - These are lecture notes on quantum field theory from ICL dept. of physics.