Security Operations Center Market - Global Forecast up to 2025

Description Table of
Contents Companies Mentioned

FEATURED COMPANIES

British Telecom Group PLC
Capgemini SE
Cisco Systems, Inc.
Digital Guardian
F5 Networks, Inc.
Fortinet, Inc.
MORE

Overview:
The author'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.

FEATURED COMPANIES

British Telecom Group PLC
Capgemini SE
Cisco Systems, Inc.
Digital Guardian
F5 Networks, Inc.
Fortinet, Inc.
MORE

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

List of Tables

Table 1 Global Security Operations Center Market Revenue by Component, 2018–2025 ($Million)
Table 2 Global Security Operations Center Market Growth by Component, 2019–2025, (Y-O-Y, %)
Table 3 Software Market Revenue by Region, 2018–2025 ($Million)
Table 4 Global Security Operations Center Market Revenue by Software, 2018–2025 ($Million)
Table 5 Global Security Operations Center Market Growth by Function, 2019–2025 (Y-O-Y, %)
Table 6 Threat and Infrastructure Management Market Revenue by Region, 2018–2025 ($Million)
Table 7 Identity and Access Management Market Revenue by Region, 2018–2025 ($Million)
Table 8 Data Security Market Revenue by Region, 2018–2025 ($Million)
Table 9 Services Market Revenue by Region, 2018–2025 ($Million)
Table 10 Global Security Operations Center Market Revenue by Service and Model, 2018–2025 ($Million)
Table 11 Global Security Operations Center Market Growth by Service and Model, 2019–2025 (Y-O-Y, %)
Table 12 In-House Market Revenue by Region, 2018–2025 ($Million)
Table 13 Hybrid Market Revenue by Region, 2018–2025 ($Million)
Table 14 Fully Outsourced Market Revenue by Region, 2018–2025 ($Million)
Table 15 Global Security Operations Center Market Revenue by Region, 2018–2025 ($Million)
Table 16 Global Security Operations Center Market Growth by Region, 2019–2025 (Y-O-Y, %)
Table 17 North America Security Operations Center Market Revenue by Component, 2018–2025 ($Million)
Table 18 North America Security Operations Center Market Revenue by Software, 2018–2025 ($Million)
Table 19 North America Security Operations Center Market Revenue by Service and Model, 2018–2025 ($Million)
Table 20 Europe Security Operations Center Market Revenue by Component, 2018–2025 ($Million)
Table 21 Europe Security Operations Center Market Revenue by Software, 2018–2025 ($Million)
Table 22 Europe Security Operations Center Market Revenue by Service and Model, 2018–2025 ($Million)
Table 23 Asia Pacific Security Operations Center Market Revenue by Component, 2018–2025 ($Million)
Table 24 Asia Pacific Security Operations Center Market Revenue by Software, 2018–2025 ($Million)
Table 25 Asia Pacific Security Operations Center Market Revenue by Service and Model, 2018–2025 ($Million)
Table 26 Middle East & Africa Security Operations Market Revenue by Component, 2018–2025 ($Million)
Table 27 Middle East & Africa Security Operations Center Market Revenue by Software, 2018–2025 ($Million)
Table 28 Middle East & Africa Security Operations Center Market Revenue by Service and Model, 2019–2025 ($Million)
Table 29 Latin America Security Operations Center Market Revenue by Component, 2018–2025 ($Million)
Table 30 Latin America Security Operations Center Market Revenue by Function, 2018–2025 ($Million)
Table 31 Latin America Security Operations Center Market Revenue by Service and Model, 2018–2025 ($Million)
Table 32 Product/Offerings Portfolio Analysis: Security Operations Center Market
Table 33 Merger & Acquisition, 2018-2019
Table 34 Product Launches & Expansions, 2018–2019
Table 35 Cisco: Overview
Table 36 Cisco: Strategic Snapshot
Table 37 Cisco: Business Opportunities and Outlook
Table 38 Cisco: Operational Snapshot
Table 39 Cisco: Product/Service Portfolio
Table 40 Capgemini: Overview
Table 41 Capgemini: Strategic Snapshot
Table 42 Capgemini: Business Opportunities and Outlook
Table 43 Capgemini: Operational Snapshot
Table 44 Capgemini: Product/Service Portfolio
Table 45 Symantec: Overview
Table 46 Symantec: Strategic Snapshot
Table 47 Symantec: Business Opportunities and Outlook
Table 48 Symantec: Operational Snapshot
Table 49 Symantec: Product/Service Portfolio
Table 50 IBM: Overview
Table 51 IBM: Strategic Snapshot
Table 52 IBM: Business Opportunities and Outlook
Table 53 IBM: Operational Snapshot
Table 54 IBM: Product/Service Portfolio
Table 55 Secureworks: Overview
Table 56 Secureworks: Strategic Snapshot
Table 57 Secureworks: Business Opportunities and Outlook
Table 58 Secureworks: Operational Snapshot
Table 59 Secureworks: Product/Service Portfolio
Table 60 Fortinet: Overview
Table 61 Fortinet: Strategic Snapshot
Table 62 Fortinet: Business Opportunities and Outlook
Table 63 Fortinet: Operational Snapshot
Table 64 Fortinet: Product/Service Portfolio
Table 65 F5 Networks: Overview
Table 66 F5 Networks: Strategic Snapshot
Table 67 F5 Networks: Business Opportunities and Outlook
Table 68 F5 Networks: Operational Snapshot
Table 69 F5 Networks: Product/Service Portfolio
Table 70 Verizon: Overview
Table 71 Verizon: Strategic Snapshot
Table 72 Verizon: Business Opportunities and Outlook
Table 73 Verizon: Operational Snapshot
Table 74 Verizon: Product/Service Portfolio
Table 75 British Telecom: Overview
Table 76 British Telecom: Strategic Snapshot
Table 77 British Telecom: Business Opportunities and Outlook
Table 78 British Telecom: Operational Snapshot
Table 79 British Telecom: Product/Service Portfolio
Table 80 Digital Guardian: Overview
Table 81 Digital Guardian: Strategic Snapshot
Table 82 Digital Guardian: Business Opportunities and Outlook
Table 83 Digital Guardian: Operational Snapshot
Table 84 Digital Guardian: Product/Service Portfolio
Table 85 Research Methodology of Global Security Operations Center Market: Triangulation

List of Charts

Chart 1 Security Services to Grow Due to Growth of Managed Security Services
Chart 2 Hybrid Service and Model is Expected to Grow Substantially
Chart 3 Global Security Market, 2018–2025 ($Billion)
Chart 4 Global Security Operations Center (Soc) Market, 2018–2025 ($Million)
Chart 5 Pest Analysis of Security Operations Center Market
Chart 6 Porters 5 Forces For Security Operations Center Market
Chart 7 Evolution of Security Operations Center Market
Chart 8 Security Operations Center Segmentation
Chart 9 Market Dynamics – Drivers, Restraints & Opportunities
Chart 10 DRO - Impact Analysis of Security Opoerations Center Market
Chart 11 Software Market Revenue, 2018–2025 ($Million)
Chart 12 Threat and Infrastructure Market Revenue, 2018–2025 ($Million)
Chart 13 Identity and Access Management Market Revenue, 2018–2025 ($Million)
Chart 14 Data Security Market Revenue, 2018–2025 ($Million)
Chart 15 Services Market Revenue, 2018–2025 ($Million)
Chart 16 In-House Market Revenue, 2018–2025 ($Million)
Chart 17 Hybrid Market Revenue, 2018–2025 ($Million)
Chart 18 Fully Outsourced Market Revenue, 2018–2025 ($Million)
Chart 19 North America Security Operations Center Market Revenue, 2018–2025 ($Million)
Chart 20 Europe Security Operations Center Market Revenue, 2018–2025 ($Million)
Chart 21 Asia Pacific Security Operations Center Market Revenue, 2018–2025 ($Million)
Chart 22 Middle East & Africa Security Operations Center Market Revenue, 2018–2025 ($Million)
Chart 23 Latin America Security Operations Center Market Revenue, 2018–2025 ($Million)
Chart 24 Global Security Operations Center Market: Competitive Landscape
Chart 25 SWOT Analysis (Top 5)

British Telecom Group PLC
Capgemini SE
Cisco Systems, Inc.
Digital Guardian
F5 Networks, Inc.
Fortinet, Inc.
IBM Corporation
SecureWorks Corporation
Symantec Corporation
Verizon Communications Inc.

FEATURED COMPANIES

FEATURED COMPANIES

RELATED TOPICS

RELATED REPORTS

Managed Security Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

Cybersecurity in Mining - Thematic Research

Cybersecurity Market by Segment (Consumer, Enterprise, Industrial, Government), Use Cases, and Solution Types (Hardware, Software, and Data) and Industry Verticals 2022 - 2027

Managed Security Services Market by Deployment Mode, Enterprise Size, Application, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2021-2030

Cybersecurity - Thematic Research