Report

security operations center market

Security Operations Center Market - Global Forecast up to 2025

pages Pages: 80
tables Tables: 85
charts Charts: 25
country Regions/Countries: 5 / 0
compaines Companies: 10
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This market research report identifies many companies which includes Capgemini, Cisco, Symantec, SecureWorks, IBM, etc. in the Security Operations Center market. SOC market is fragmented with several security vendors, services vendors, and telecom providers competing for larger market share. This report also provides a detailed analysis of the market by component (software and services), function (security services, threat and infrastructure management, identity and access management, and data security), service model (in-house, hybrid, and fully outsourcing), and region (North America, Europe, Asia Pacific, Middle East and Africa and Latin America).

Overview of the Security Operations Center market

Infoholic’s market research report predicts that the Security Operations Center market revenue is estimated to be $31,796.9 million in 2019 and is expected to reach $61,199.7 million by 2025, growing at a CAGR of 11.5% during the forecast period 2019–2025.

According to the SOC market analysis, North America accounted for the largest share of the Security Operations Center market in 2019 owing to strong economic conditions in the region and increased focus to enhance advanced systems protection for the enterprises. The cybersecurity is the focus area for the SOCs detecting threats from external sources. The Asia Pacific region holds a good potential for the vendors and is expected to grow at the highest CAGR during the forecast period 2019–2025. The Asia Pacific region is expected to witness growth in SOCs due to presence of the emerging countries such as India, China, and Philippines and organizations in the region are experiencing increase in customers and focus on data protection and threat detection.

Competitive Analysis and Key Vendors

The Security Operations Center market vendors are extending its partner ecosystem with capabilities in integration, consulting, reseller, and geographical reach to enhance their service offerings. The Security Operations Center market is expected to enhance the security operations of enterprises with continuous monitoring and early threat detection.

The report contains an in-depth analysis of vendor profiles, which include analyst opinion, offerings, and competitive landscape. The holistic systems protection with endpoint security, data loss prevention, threat intelligence, among others are expected to drive the Security Operations Center market set up across the globe.

Some of the key vendors in the market are:


  • Capgemini

  • Cisco

  • Symantec

  • SecureWorks

  • IBM


  •  


Other companies covered in the report are Fortinet, F5 Networks, Verizon, British Telecom, and Digital Guardian.

Segmentation of component

 


  •  Software

  • Services


  •  


In 2019, the services segment occupied the largest market share and is expected to have the higher share during the forecast period. The services segment is majorly contributed by the managed security services providers who provide services from their SOCs to multiple clients and manage the SOCs of the clients.

Segmentation of function

 

 


  • Security Services

  • Threat and Infrastructure Management

  • Identity and Access Management

  • Data Security


  •  


In 2019 the security services occupied the largest market share and is expected to grow at a high CAGR during the forecast period. The MSSPs help enterprises in continuous security software updates and enhanced detection of cyber-attacks.

Segmentation of service model

 

 


  • In-house

  • Hybrid

  • Fully Outsourcing


  •  


In 2019, the in-house service model occupied the largest market share and the hybrid service model is expected to gain major interest from enterprises owing to partial outsourcing of security operations to the Security Operations Center by the vendors.

Benefits

The study offers a comprehensive analysis of the “Security Operations Center” market bringing out the complete key insights of the industry, the report also aims to provide an opportunity for companies to understand the latest trends, current market scenarios, government initiatives, and technologies related to the market. In addition, it helps the venture capitalists in understanding the companies better and take informed decisions.

 

1     Executive Summary

2     Industry Outlook

2.1        Industry Overview

2.2        Industry Trends

3     Market Snapshot

3.1        Total Addressable Market

3.2        Segmented Addressable Market

3.3        PEST Analysis

3.4        Porter 5 (Five) Forces

3.5        Related Markets

4     Market Characteristics

4.1        Evolution

4.2        Market Trends and Impact

4.3        Market Segmentation

4.4        Market Dynamics

4.4.1     Drivers

4.4.1.1 Improved threat management

4.4.1.2 Better adherence to regulatory compliance

4.4.1.3 Centralized security operations functions

4.4.2     Restraints

4.4.2.1 Breach response failures

4.4.2.2 High investment concerns

4.4.2.3 Lack of expertise in staffs

4.4.3     Opportunities

4.4.3.1 Continuous monitoring of breaches

4.4.3.2 Increasing amount of data to monitor and manage

4.4.4     DRO – Impact Analysis

5     Component: Market Size & Analysis

5.1        Overview

5.2        Software

5.3        Threat and Infrastructure Management

5.4        Identity and Access Management

5.5        Data Security

5.6        Services

5.6.1     Professional Services

5.6.2     Managed Services

6     Service and Model: Market Size & Analysis

6.1        In-house

6.2        Hybrid

6.3        Fully Outsourced

7     Region: Market Size & Analysis

7.1        Overview

7.1.1     Market Size and Analysis

7.2        North America

7.3        Europe

7.4        Asia Pacific

7.5        Middle East & Africa

7.6        Latin America

8     Competitive Landscape

8.1        Competitive Comparison Analysis

8.2        Product/Offerings Portfolio Analysis

8.3        Market Developments

8.3.1     Partnerships, Mergers and Acquisitions

8.3.2     Product Launches & Exhibitions

9     Vendor Profiles

9.1        Cisco Systems, Inc.

9.1.1     Analyst Opinion

9.1.2     Business Analysis

9.1.2.1 Strategic Snapshot

9.1.2.2 Business Impact Analysis

9.1.2.3 Operational Snapshot

9.1.2.4 Product/Service Portfolio

9.2        Capgemini SE

9.2.1     Analyst Opinion

9.2.2     Business Analysis

9.2.2.1 Strategic Snapshot

9.2.2.2 Business Impact Analysis

9.2.2.3 Operational Snapshot

9.2.2.4 Product/Service Portfolio

9.3        Symantec Corporation

9.3.1     Analyst Opinion

9.3.2     Business Analysis

9.3.2.1 Strategic Snapshot

9.3.2.2 Business Impact Analysis

9.3.2.3 Operational Snapshot

9.3.2.4 Product/Service Portfolio

9.4        IBM Corporation

9.4.1     Analyst Opinion

9.4.2     Business Analysis

9.4.2.1 Strategic Snapshot

9.4.2.2 Business Impact Analysis

9.4.2.3 Operational Snapshot

9.4.2.4 Product/Service Portfolio

9.5        SecureWorks Corporation

9.5.1     Analyst Opinion

9.5.2     Business Analysis

9.5.2.1 Strategic Snapshot

9.5.2.2 Business Impact Analysis

9.5.2.3 Operational Snapshot

9.5.2.4 Product/Service Portfolio

10  Companies to Watch for

10.1     Fortinet, Inc.

10.1.1  Analyst Opinion

10.1.2  Business Analysis

10.1.2.1 Strategic Snapshot

10.1.2.2 Business Impact Analysis

10.1.2.3 Operational Snapshot

10.1.2.4 Product/Service Portfolio

10.2     F5 Networks, Inc.

10.2.1  Analyst Opinion

10.2.2  Business Analysis

10.2.2.1 Strategic Snapshot

10.2.2.2 Business Impact Analysis

10.2.2.3 Operational Snapshot

10.2.2.4 Product/Service Portfolio

10.3     Verizon Communications Inc.

10.3.1  Analyst Opinion

10.3.2  Business Analysis

10.3.2.1 Strategic Snapshot

10.3.2.2 Business Impact Analysis

10.3.2.3 Operational Snapshot

10.3.2.4 Product/Service Portfolio

10.4     British Telecom Group PLC

10.4.1  Analyst Opinion

10.4.2  Business Analysis

10.4.2.1 Strategic Snapshot

10.4.2.2 Business Impact Analysis

10.4.2.3 Operational Snapshot

10.4.2.4 Product/Service Portfolio

10.5     Digital Guardian

10.5.1  Analyst Opinion

10.5.2  Business Analysis

10.5.2.1 Strategic Snapshot

10.5.2.2 Business Impact Analysis

10.5.2.3 Operational Snapshot

10.5.2.4 Product/Service Portfolio

11  Annexure 

11.1     Report Scope

11.2     Research Methodology

11.2.1  Data Collation & In-house Estimation

11.2.2  Market Triangulation

11.3     Report Assumptions

11.4     Abbreviations

TABLE 1 GLOBAL SECURITY OPERATIONS CENTER MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 26
TABLE 2 GLOBAL SECURITY OPERATIONS CENTER MARKET GROWTH BY COMPONENT, 2019–2025, (Y-O-Y, %) 26
TABLE 3 SOFTWARE MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 27
TABLE 4 GLOBAL SECURITY OPERATIONS CENTER MARKET REVENUE BY SOFTWARE, 2018–2025 ($MILLION) 28
TABLE 5 GLOBAL SECURITY OPERATIONS CENTER MARKET GROWTH BY FUNCTION, 2019–2025 (Y-O-Y, %) 28
TABLE 6 THREAT AND INFRASTRUCTURE MANAGEMENT MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 29
TABLE 7 IDENTITY AND ACCESS MANAGEMENT MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 30
TABLE 8 DATA SECURITY MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 31
TABLE 9 SERVICES MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 33
TABLE 10 GLOBAL SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2018–2025 ($MILLION) 35
TABLE 11 GLOBAL SECURITY OPERATIONS CENTER MARKET GROWTH BY SERVICE AND MODEL, 2019–2025 (Y-O-Y, %) 35
TABLE 12 IN-HOUSE MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 36
TABLE 13 HYBRID MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 37
TABLE 14 FULLY OUTSOURCED MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 39
TABLE 15 GLOBAL SECURITY OPERATIONS CENTER MARKET REVENUE BY REGION, 2018–2025 ($MILLION) 40
TABLE 16 GLOBAL SECURITY OPERATIONS CENTER MARKET GROWTH BY REGION, 2019–2025 (Y-O-Y, %) 41
TABLE 17 NORTH AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 42
TABLE 18 NORTH AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY SOFTWARE, 2018–2025 ($MILLION) 42
TABLE 19 NORTH AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2018–2025 ($MILLION) 43
TABLE 20 EUROPE SECURITY OPERATIONS CENTER MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 44
TABLE 21 EUROPE SECURITY OPERATIONS CENTER MARKET REVENUE BY SOFTWARE, 2018–2025 ($MILLION) 44
TABLE 22 EUROPE SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2018–2025 ($MILLION) 45
TABLE 23 ASIA PACIFIC SECURITY OPERATIONS CENTER MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 46
TABLE 24 ASIA PACIFIC SECURITY OPERATIONS CENTER MARKET REVENUE BY SOFTWARE, 2018–2025 ($MILLION) 46
TABLE 25 ASIA PACIFIC SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2018–2025 ($MILLION) 47
TABLE 26 MIDDLE EAST & AFRICA SECURITY OPERATIONS MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 48
TABLE 27 MIDDLE EAST & AFRICA SECURITY OPERATIONS CENTER MARKET REVENUE BY SOFTWARE, 2018–2025 ($MILLION) 48
TABLE 28 MIDDLE EAST & AFRICA SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2019–2025 ($MILLION) 49
TABLE 29 LATIN AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY COMPONENT, 2018–2025 ($MILLION) 50
TABLE 30 LATIN AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY FUNCTION, 2018–2025 ($MILLION) 50
TABLE 31 LATIN AMERICA SECURITY OPERATIONS CENTER MARKET REVENUE BY SERVICE AND MODEL, 2018–2025 ($MILLION) 51
TABLE 32 PRODUCT/OFFERINGS PORTFOLIO ANALYSIS: SECURITY OPERATIONS CENTER MARKET 53
TABLE 33 MERGER & ACQUISITION, 2018-2019 54
TABLE 34 PRODUCT LAUNCHES & EXPANSIONS, 2018–2019 55
TABLE 35 CISCO: OVERVIEW 59
TABLE 36 CISCO: STRATEGIC SNAPSHOT 60
TABLE 37 CISCO: BUSINESS OPPORTUNITIES AND OUTLOOK 60
TABLE 38 CISCO: OPERATIONAL SNAPSHOT 60
TABLE 39 CISCO: PRODUCT/SERVICE PORTFOLIO 60
TABLE 40 CAPGEMINI: OVERVIEW 61
TABLE 41 CAPGEMINI: STRATEGIC SNAPSHOT 62
TABLE 42 CAPGEMINI: BUSINESS OPPORTUNITIES AND OUTLOOK 62
TABLE 43 CAPGEMINI: OPERATIONAL SNAPSHOT 62
TABLE 44 CAPGEMINI: PRODUCT/SERVICE PORTFOLIO 62
TABLE 45 SYMANTEC: OVERVIEW 63
TABLE 46 SYMANTEC: STRATEGIC SNAPSHOT 63
TABLE 47 SYMANTEC: BUSINESS OPPORTUNITIES AND OUTLOOK 64
TABLE 48 SYMANTEC: OPERATIONAL SNAPSHOT 64
TABLE 49 SYMANTEC: PRODUCT/SERVICE PORTFOLIO 64
TABLE 50 IBM: OVERVIEW 64
TABLE 51 IBM: STRATEGIC SNAPSHOT 65
TABLE 52 IBM: BUSINESS OPPORTUNITIES AND OUTLOOK 66
TABLE 53 IBM: OPERATIONAL SNAPSHOT 66
TABLE 54 IBM: PRODUCT/SERVICE PORTFOLIO 66
TABLE 55 SECUREWORKS: OVERVIEW 66
TABLE 56 SECUREWORKS: STRATEGIC SNAPSHOT 67
TABLE 57 SECUREWORKS: BUSINESS OPPORTUNITIES AND OUTLOOK 67
TABLE 58 SECUREWORKS: OPERATIONAL SNAPSHOT 67
TABLE 59 SECUREWORKS: PRODUCT/SERVICE PORTFOLIO 68
TABLE 60 FORTINET: OVERVIEW 69
TABLE 61 FORTINET: STRATEGIC SNAPSHOT 70
TABLE 62 FORTINET: BUSINESS OPPORTUNITIES AND OUTLOOK 70
TABLE 63 FORTINET: OPERATIONAL SNAPSHOT 70
TABLE 64 FORTINET: PRODUCT/SERVICE PORTFOLIO 70
TABLE 65 F5 NETWORKS: OVERVIEW 71
TABLE 66 F5 NETWORKS: STRATEGIC SNAPSHOT 71
TABLE 67 F5 NETWORKS: BUSINESS OPPORTUNITIES AND OUTLOOK 72
TABLE 68 F5 NETWORKS: OPERATIONAL SNAPSHOT 72
TABLE 69 F5 NETWORKS: PRODUCT/SERVICE PORTFOLIO 72
TABLE 70 VERIZON: OVERVIEW 72
TABLE 71 VERIZON: STRATEGIC SNAPSHOT 73
TABLE 72 VERIZON: BUSINESS OPPORTUNITIES AND OUTLOOK 73
TABLE 73 VERIZON: OPERATIONAL SNAPSHOT 74
TABLE 74 VERIZON: PRODUCT/SERVICE PORTFOLIO 74
TABLE 75 BRITISH TELECOM: OVERVIEW 74
TABLE 76 BRITISH TELECOM: STRATEGIC SNAPSHOT 75
TABLE 77 BRITISH TELECOM: BUSINESS OPPORTUNITIES AND OUTLOOK 75
TABLE 78 BRITISH TELECOM: OPERATIONAL SNAPSHOT 75
TABLE 79 BRITISH TELECOM: PRODUCT/SERVICE PORTFOLIO 75
TABLE 80 DIGITAL GUARDIAN: OVERVIEW 76
TABLE 81 DIGITAL GUARDIAN: STRATEGIC SNAPSHOT 76
TABLE 82 DIGITAL GUARDIAN: BUSINESS OPPORTUNITIES AND OUTLOOK 76
TABLE 83 DIGITAL GUARDIAN: OPERATIONAL SNAPSHOT 77
TABLE 84 DIGITAL GUARDIAN: PRODUCT/SERVICE PORTFOLIO 77
TABLE 85 RESEARCH METHODOLOGY OF GLOBAL SECURITY OPERATIONS CENTER MARKET: TRIANGULATION 79

Research Framework

Infoholic Research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting
Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources

Involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources

Include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.

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Security Operations Center Market - Global Forecast up to 2025
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