What is Security Operation Center Market Scope?
The security operations center (SOC) is a facility that serves an information security team responsible for monitoring and analyzing an organization’s security posture on a regular basis. The SOC teams detect, analyze and respond to cybersecurity incidents by using a combination of technology solutions and some set of processes. The SOC is staffed with security analysts and engineers who oversee security operations. The main role of SOC to monitor activity on networks, servers, endpoints, databases, applications, websites, and other systems.
Influencing Trend:
Implementation of Maturing Security Operations Centers (SOCS) With a Focus on Threat Detection and Response, Increase Utilization of Data Security Governance Framework to Prioritize Data Security Investments and Increasing Number of Premium Service
Market Growth Drivers:
Increase Number of Cyber Breaches and Rising Security Concern from Corporate
Challenges:
Increasing Volumes of Security Alerts, Budget Constraints with Security Incidents Becoming More Costly and Legal and Regulatory Compliance
Opportunities:
Growing Number of Organization in Emerging Countries Such As India and China, Rising Internet Penetration Globally and Increasing Investment in Cloud-Based Services and Solutions
The Security Operation Center market study is being classified, by Application and major geographies with country level break-up.
The market is fragmented by key vendors who are focusing on production technologies, improving efficiency and shelf life. Growth opportunities can be captured by tracking the ongoing process improvement and financial flexibility to invest in optimal strategies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Security Operation Center market throughout the predicted period.
Symantec (United States), FireEye (United States), IBM (United States), Fortinet (United States), Ernst & Young (United Kingdom), McAfee (United States), Fujitsu (Japan), Rapid7 (United States), Trustwave (United States) and BlackBerry (Canada) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Capgemini SE (France), Cisco Systems, Inc. (United States), SecureWorks, Inc. (United States), Symantec Corporation (United States), Raytheon Company (United States), Treo (Turkey), Digital Guardian (United States), F5 Networks, Inc. (United States), Fortinet, Inc. (United States) and AlienVault (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Security Operation Center market by Type, Application and Region.
On the basis of geography, the market of Security Operation Center has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In Feb 2019, Ericsson is selected by Swisscom for Ericsson security management solution. Its security management solution provides increased security automation, visibility, and control for Swisscom security operation centers to address the growing security management needs of the service provider. This agreement includes the automation of security compliance management and basic security analytics.
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Security operation center providers, Government Regulatory and Research Organizations and End-Use Industries
Security Operation Center Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Security Operation Center Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Security Operation Center industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.