Market Overview:
The global security operation center market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in the market can be attributed to the increasing adoption of security operation centers by organizations for mitigating cyber-attacks and other threats. Security operation centers help organizations in detecting, investigating, and responding to cyber-attacks and other threats in a timely manner. The global security operation center market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into software as a service (SaaS), platform as a service (PaaS), and managed services. SaaS held the largest share of the global security operation center market in 2017 owing to its low cost and easy deployment options.
Product Definition:
A Security Operation Center (SOC) is a centralized platform for the management and monitoring of security operations. It provides a single point of contact for all security-related incidents and enables organizations to rapidly identify, respond to, and mitigate threats. The SOC also helps organizations comply with regulatory requirements by providing visibility into their security posture.
Software as a Service:
Software as a Service (SaaS) is a model in which the software is delivered to the customer using internet protocol. It’s an approach of delivering computing services over the internet and allowing users to use those services via web browser without requiring any additional hardware or software installation on computers. In other words, it's like renting out your computer equipment such as processor, memory, storage space and others by an independent third party company that provides access to application programs through internet connection.
Platform as a Service:
Platform as a Service (PaaS) is an approach where the application development environment is managed either by the service provider or by both the service provider and end-users together. In this model, instead of developing and managing applications, developers only focus on creating applications that can be deployed on PaaS infrastructure. The PaaS model offers several benefits such as rapid application development, cost effectiveness, ease of use for developers and operations team etc.
Application Insights:
The global security operation center market has been segmented on the basis of application into hospital, research center, manufacturing, government, bank and school. The hospital segment dominated the overall market in terms of revenue share in 2017. This is attributed to factors such as increasing cases of cyber-attacks and data breaches across hospitals globally. Furthermore, growing awareness among healthcare organizations regarding SOPAC solutions is expected to drive demand over the forecast period.
The research center segment is anticipated to witness significant growth over the forecast period owing to rising investments by governments and private institutions for enhancing cybersecurity capabilities within academic institutions and R&D centers worldwide. For instance, Singaporean investment firm Tembusu Partners Pte Ltd.
Regional Analysis:
North America accounted for the largest revenue share in 2017. The region is expected to maintain its lead over the forecast period owing to early adoption of technology and presence of major market players. Asia Pacific is anticipated to be the fastest-growing regional segment over the forecast period, owing to increasing demand from small & medium enterprises (SMEs). Growing awareness regarding cyber security among SMEs will drive regional growth further. Additionally, government initiatives such as Digital India are expected to fuel demand for DSOCC in India thereby driving growth across APAC region.
The Middle East & Africa (MEA) market is projected to grow at a lucrative CAGR during the forecast period due with growing oil revenues coupled with supportive government policies aimed at boosting investments in various sectors including defense.
Growth Factors:
- Increasing demand for security services and solutions due to the increase in cyber-attacks and data breaches.
- Proliferation of IoT devices and BYOD policies, which are creating new vulnerabilities that need to be addressed by security solutions.
- The increasing number of regulations and compliance requirements that organizations must adhere to, which is driving the need for more sophisticated security solutions.
- The growing trend of cloud computing and the shift towards software-as-a-service (SaaS) models, which is creating new opportunities for security vendors. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Security Operation Center Market Research Report
By Type
Software as a Service, Platform as a Service
By Application
Hospital, Research Center, Manufacturing, Government, Bank, School, Others
By Companies
Capgemini SE (France), Cisco Systems(US), SecureWorks(US), Symantec Corporation (US), Raytheon Company (U.S), Treo (Turkey), Digital Guardian (U.S), F5 Networks(U.S), Fortinet(U.S), AlienVault (U.S)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
142
Number of Tables & Figures
100
Customization Available
Yes, the report can be customized as per your need.
Global Security Operation Center Market Report Segments:
The global Security Operation Center market is segmented on the basis of:
Types
Software as a Service, Platform as a Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Research Center, Manufacturing, Government, Bank, School, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Capgemini SE (France)
- Cisco Systems(US)
- SecureWorks(US)
- Symantec Corporation (US)
- Raytheon Company (U.S)
- Treo (Turkey)
- Digital Guardian (U.S)
- F5 Networks(U.S)
- Fortinet(U.S)
- AlienVault (U.S)
Highlights of The Security Operation Center Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software as a Service
- Platform as a Service
- By Application:
- Hospital
- Research Center
- Manufacturing
- Government
- Bank
- School
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Security Operation Center Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Security Operation Center (SOC) is a centralized facility that manages security for an organization. It coordinates the activities of various departments and groups within the organization to protect its assets and ensure compliance with applicable regulations.
Some of the major players in the security operation center market are Capgemini SE (France), Cisco Systems(US), SecureWorks(US), Symantec Corporation (US), Raytheon Company (U.S), Treo (Turkey), Digital Guardian (U.S), F5 Networks(U.S), Fortinet(U.S), AlienVault (U.S).
The security operation center market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Security Operation Center Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Security Operation Center Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Security Operation Center Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Security Operation Center Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Security Operation Center Market Size & Forecast, 2018-2028 4.5.1 Security Operation Center Market Size and Y-o-Y Growth 4.5.2 Security Operation Center Market Absolute $ Opportunity
Chapter 5 Global Security Operation Center Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Security Operation Center Market Size Forecast by Type
5.2.1 Software as a Service
5.2.2 Platform as a Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Security Operation Center Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Security Operation Center Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Research Center
6.2.3 Manufacturing
6.2.4 Government
6.2.5 Bank
6.2.6 School
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Security Operation Center Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Security Operation Center Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Security Operation Center Analysis and Forecast
9.1 Introduction
9.2 North America Security Operation Center Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Security Operation Center Market Size Forecast by Type
9.6.1 Software as a Service
9.6.2 Platform as a Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Security Operation Center Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Research Center
9.10.3 Manufacturing
9.10.4 Government
9.10.5 Bank
9.10.6 School
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Security Operation Center Analysis and Forecast
10.1 Introduction
10.2 Europe Security Operation Center Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Security Operation Center Market Size Forecast by Type
10.6.1 Software as a Service
10.6.2 Platform as a Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Security Operation Center Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Research Center
10.10.3 Manufacturing
10.10.4 Government
10.10.5 Bank
10.10.6 School
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Security Operation Center Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Security Operation Center Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Security Operation Center Market Size Forecast by Type
11.6.1 Software as a Service
11.6.2 Platform as a Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Security Operation Center Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Research Center
11.10.3 Manufacturing
11.10.4 Government
11.10.5 Bank
11.10.6 School
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Security Operation Center Analysis and Forecast
12.1 Introduction
12.2 Latin America Security Operation Center Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Security Operation Center Market Size Forecast by Type
12.6.1 Software as a Service
12.6.2 Platform as a Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Security Operation Center Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Research Center
12.10.3 Manufacturing
12.10.4 Government
12.10.5 Bank
12.10.6 School
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Security Operation Center Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Security Operation Center Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Security Operation Center Market Size Forecast by Type
13.6.1 Software as a Service
13.6.2 Platform as a Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Security Operation Center Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Research Center
13.10.3 Manufacturing
13.10.4 Government
13.10.5 Bank
13.10.6 School
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Security Operation Center Market: Competitive Dashboard
14.2 Global Security Operation Center Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Capgemini SE (France)
14.3.2 Cisco Systems(US)
14.3.3 SecureWorks(US)
14.3.4 Symantec Corporation (US)
14.3.5 Raytheon Company (U.S)
14.3.6 Treo (Turkey)
14.3.7 Digital Guardian (U.S)
14.3.8 F5 Networks(U.S)
14.3.9 Fortinet(U.S)
14.3.10 AlienVault (U.S)