Security Operation Center Market Global Trends, Size, Share and Growth by Forecast to 2023

“Security Operation Center Market”
Security Operation Center Market, By Technology (Security Information Management, Security Event Management) – Forecast 2023

Market Highlights:

In this rapidly changing world of technology, security operation center market is projected to show major growth prospects during the forecast period. Need for regulatory requirements and stringent compliance are major factors driving the growth of security operation center market. Emerging trends like connected devices, IoT and BYOD are exposing the data to the outside world and this is contributing to the growth of security operation center market.

As compared to other regions, the Security Operation Center Market in North America is expected to witness significant growth. North America is expected to dominate the security operation center market during the forecast period. U.S and Canada are anticipated to drive the growth of security operation center market.

This is owing to the presence of large number of security vendors in that region. In addition to this, the region also has a well-established infrastructure and allows high penetration of devices, while the increasing adoption of advanced technologies is another reason for the growth of security operation center market.

Taste the market data and market information presented through more than 30 market data tables and figures spread over 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Security Operation Center Market– Forecast to 2023”.

Major Key Players:

  • Capgemini SE (France)
  • Cisco Systems, Inc. (U.S.)
  • Secure Works, Inc. (U.S.)
  • Symantec Corporation (U.S.)
  • Raytheon Company (U.S)
  • Treo (Turkey)
  • Digital Guardian (U.S)
  • F5 Networks, Inc. (U.S)
  • Fortinet, Inc. (U.S)
  • AlienVault (U.S)

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Security Operation Center Market Segmentation

The security operation center market has been segmented on the basis of technology, function, service and model. The service segment is further bifurcated into reporting, vulnerability assessment, security assessment, security alert and proactive analysis and systems management. Proactive analysis is aimed at improving the level of organizational security.

Market Research Analysis:

The global security operation center market, by geography, has been segmented into North America, Europe, Asia Pacific and Others. In the global security operation center market, Asia Pacific is anticipated to witness relatively faster adoption and hence is expected to grow at the highest CAGR during the forecast period. Within Asia Pacific, security operation center market is projected to contribute faster to the growth of revenue backed by increasing adoption of web and mobile based applications in countries such as Japan, China and India.

Across Europe, countries including Germany, France and the U.K. are anticipated to drive the growth of security operation center market. In Europe, the presence of advanced infrastructure and increasing adoption of technological advancements in numerous countries is driving the market growth of security operation center market. The developed economies in these regions and increasing need for data security are the major reasons for the growth of security operation center market.

Regional Analysis:

The regional analysis of security operation center market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific is projected to grow at the fastest rate during the forecast period. The major growth in security operation center market in North America is attributed to the technical advancements and increasing need data security.

Security Operation Center Market (MRFR) Research Analysis:

Security operation center market can be segmented on the basis of technology, function, service and model. The service segment is bifurcated into security device management, reporting, security alert, security assessment, vulnerability assessment and proactive analysis and system management. The security service device management segment is further bifurcated into fault management and configuration management. The main objective of fault management is to ensure continuous operation and optimal use of the customer’s security while the primary objective of configuration management is to ensure constant alignment of the rules of firewalling to customer needs and concerns.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Intended Audience:

  • Technology investors
  • Integrated device manufacturers (IDMs)
  • Original equipment manufacturers (OEMs)
  • Research/Consultancy firms
  • Government agencies
  • Network solution providers
  • Managed Security Service Providers

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Table of Contents

1          Market Introduction

1.1       Introduction 

1.2       Scope of Study

1.2.1    Research Objective

1.2.2    Assumptions

1.2.3    Limitations

1.3       Market Structure

2          Research Methodology

2.1       Research Type

2.2       Primary Research

2.3       Secondary Research

2.4       Forecast Model

2.4.1    Market Data Collection, Analysis & Forecast

2.4.2    Market Size Estimation

Continued….

List of Tables

Table 1 Security Operation Center Market, By Technology

Table 2 Security Operation Center Market, By Function

Table 3 Security Operation Center Market, By Service

Continued….

List of Figures

Figure 1 Research Type

Figure 2 Security Operation Center Market, By Technology (%)

Figure 3 Security Operation Center Market, By Function (%)

Continued….

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