Market Size (2017)
2017
$25.68B
Vertical: ICTBase Year: 20189 Sections
Market Size (2017)
2017
$25.68B
Projected (2025)
2025
$52.34B
CAGR (2017–2025)
9.3%
9.3%Key Players
109+
MARKET SYNOPSIS
GLOBAL SECURITY OPERATION CENTER MARKET ANALYSIS, BY SERVICES
LOBAL SECURITY OPERATION CENTER MARKET ANALYSIS, BY MODEL
GLOBAL SECURITY OPERATION CENTER MARKET ANALYSIS, BY Organziation Size
GLOBAL SECURITY OPERATION CENTER MARKET ANALYSIS, BY Vertical
GLOBAL SECURITY OPERATION CENTER MARKET analysis, by region, MARKET SHARE 2018 (%)
The SECURITY OPERATION CENTER Market market is projected to grow at a CAGR of 9.3% from 2017 to 2025.
Historical performance and future projections (2020–2030, USD Billion)
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View Subscription PlansA security operations center (SOC) is a center or premises that contains an information security team which is in charge of monitoring and analyzing an enterprises' security regularly. The SOC team aims to detect, analyze, and respond to cybersecurity incidents using a combination of technology solutions and a strong set of processes. SOC staff consists of security analysts and managers who oversee security operations.
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View Subscription PlansThis report applies a rigorous multi-stage research process combining primary interviews, secondary data sources, and bottom-up market modelling to ensure accuracy and completeness across all segments and geographies.
Base Year
2018
Historical Period
2017 – 2018
Forecast Period
2018 – 2025
Primary Interviews
150+
Historical data (2017–2018) and forecast period (2018–2025)
Our research process spans primary interviews with industry stakeholders combined with comprehensive secondary data analysis, validated through triangulation across multiple independent sources.
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View Subscription PlansMarket estimates by geography (2025)
InsightNorth America leads with $28.35B by 2025, while Asia Pacific is projected to grow fastest at a 11.0% CAGR.
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View Subscription Plans| REGION | 2017 | 2018 | 2025 | CAGR | SHARE |
|---|---|---|---|---|---|
| North America | $13.86B | $18.35B | $28.35B | 9.4% | 54% |
| Asia Pacific | $3.77B | $5.30B | $8.71B | 11.0% | 17% |
| Europe | $5.31B | $6.86B | $10.37B | 8.7% | 20% |
| Rest of the World | $2.74B | $3.39B | $4.92B | 7.6% | 9% |
| Total | $25.68B | $33.90B | $52.34B | 9.3% | 100% |
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Analytical insights on SECURITY OPERATION CENTER Market covering market dynamics, competitive landscape, and strategic outlook.
The SECURITY OPERATION CENTER Market market is projected to reach $52.34B by 2025, growing at 9.3% CAGR.
The global security operations center market is growing at a significant rate. An SOC is imperative for the effective detection of cyber threats and finding vulnerabilities existing in the system. It can enable information security functions to respond faster, work more collaboratively, and share knowledge more effectively. Enterprises have realized that attacks can never be fully prevented, and they should advance their detection capabilities to respond appropriately. The enterprises have policies such as bring-your-own-device (BYOD) and bring-your-own-access (BYOA) which increase employee satisfaction and productivity, but the cyber risks are increased. Hence, it is one of the most important factors fueling market growth. Also, the ever-increasing number of cyber-attacks and high advancements in the cyber-attacks are the other factors which are boosting the market. However, the lack of trust in third-party vendors is a factor that hinders the growth of the market.
The popularity of BYOD trend is very high in a number of developed as well as developing countries. The BYOD benefits companies in increasing productivity, employee satisfaction, and cost-efficiency. The employees can use a single device for both professional and personal purposes and can readily communicate and share files in real-time, even after work hours, regardless of their location, which increases productivity. Therefore, the use of file sharing software, which encompasses secure file sharing and managed file transfer has increased in corporate spaces, which is expected to influence the growth of the market. According to Symantec Corporation, 49% of the organizations were following the BYOD trend in 2018. Along with BYOD, the concept of BYOA is on the rise. BYOA is an approach to gain wireless remote access to a company's network for mobile employees and employees working from home. It is an excellent business model, but it has a substantial effect on the traditional IT structure. The risk of data loss is higher, and it exposes the vulnerabilities of the network. Also, malware is a serious threat to enterprises. In fact, Panda Security states that 230,000 new malware samples are created each day. Thus, the risk of a new malware sample infiltrating a company’s network is high as employees use their personal devices at work.
The adoption of BYOD brings security-related issues as the leakage of private information from unprotected and unmanaged devices. Personal devices may lack data encryption capabilities or malware that are vulnerable to attack from online threats, thus increasing the risks of data loss or exposure; therefore, this trend is expected to drive the growth of the security operations market during the forecast period.
The General Data Protection Regulation (GDPR) mandates that a company report any security incidents, such as vulnerabilities and personal data breaches, within 72 hours, and the enterprise must also be able to detect the said breaches. The SOC receives logs from an organization’s IT systems, and then correlates the logs to locate potential breaches. Additionally, Security Incident Response Team (SIRT) which deal with IT-forensics after a breach to find the extent and how much data has been stolen by an attacker. The enterprises have to be compliant with regulations such as GDPR and California Consumer Privacy Act (CCPA) and must be efficient in protecting critical and personal data.
The most valuable information in an enterprise must be guarded and tracked, which is most critical aspect of cyber security. Data loss prevention is just one part of the larger strategy for critical data protection. Understanding this high demand for protecting critical data, various vendors in the market are offering SOC wherein the protection of critical data from unauthorized access, exposure, or theft is the most important task. Loss of critical data can lead to part or complete failure in operations of the enterprise, damaged brand reputation and reduced shareholder value, and thus, the demand for critical data protection is high.
In an enterprise network, the organizations have a third party’s software or hardware, or network installed. It can be the laptops, VPS provider, an outsourced SaaS application, or a SOC; each enterprise has a large number of third-party components. Naturally, each of these components has its own trust relationship with the enterprise. Some vendors are implicitly trusted while others are not and have restrictive access. A centralized SOC does not always have access to all organizational systems. These could include endpoints, encrypted data, or systems controlled by third parties which have an impact on security. Enterprises also deploy a co-managed SOC, which is a team of security professionals who work alongside a third-party cybersecurity service provider. In this model, a semi-dedicated in-house team works with a third-party SOC service provider for a co-managed approach to cybersecurity. Thus, the enterprises have to rely on third-party vendors who might or might not be trustworthy. The enterprises are unable to trust third party related to data leakages, data copy issues, and data governance issues, among others.
Near-term growth will likely concentrate in modular bioreactor lines and closed-system media workflows that shorten validation cycles while preserving batch traceability.
Partnerships between CDMOs and instrumentation vendors should accelerate standard datasets for comparability across sites, improving forecasting models used in capacity planning.
Longer horizon, organoid and microphysiological adoption may reshape segment mix; teams that invest early in assay interoperability and cloud QC hooks are better positioned to capture upside without fragmenting their analytics stack.
Profiles of 109 companies operating in the SECURITY OPERATION CENTER Market market, including revenue, employee count, and market positioning where available.
Showing 109 of 109 companies
NetDataVault
Company Headquarters: India Founded: 2012 Workforce: ~500 Company Working: NetDataVault is a subsidiary of NGBPS LIMITED. NetDataVault is a global brand of next generation cloud and SOC services that is aimed at helping small and large enterprises to make their IT capex-free, productive and revenue generating. The company’s innovative service offerings allow customers to participate in the cloud revolution by eliminating complexity, maximizing control, and reducing costs. The company has a diversified business model with revenue coming from SOC services, Collocation Services, Infrastructure as a Services (IaaS), Dedicated Servers, Backup as a Service, DR as a Service, Content Delivery Network (CDN), Digital Media and End-to-end OTT solutions for content publishers and media companies and a clutch of Managed Services (OS,DB, Security, Network).
DarkMatter
Company Headquarters: Dubai Founded: 2015 Workforce: ~ 1000 Company Working: DarkMatter provides products and services targeted at protecting the confidentiality and integrity of voice, video and data communication over all types of wired and wireless networks. DarkMatter specializes in digital defense, cybersecurity consultancy and technical architecture solutions for government and corporate organizations. The company offers end-to-end cyber solutions to strengthen the cyber security capabilities of its clients. Dark Matter's main competitors are Cylance, FireEye and Darktrace.
SecureWorks Corp.
Company Headquarters: US Founded: 1999 Workforce: ~ 2,663 Company Working: SecureWorks Corp. is a cyber security company which delivers information security solutions. The company's SecureWorks Counter Threat Platform is a SaaS-based early-warning system that delivers insights and deploys countermeasures derived from analytics and applied intelligence. It prevents security breaches and detects malicious activity in real time. SecureWorks Corp. is a subsidiary of Dell Technologies.
Fortinet
Company Headquarters: US Founded: 2000 Workforce: ~5,000 Company Working: Fortinet is a US-based leader in providing automated and integrated cybersecurity solutions. The company provides high-performance cybersecurity solutions to a wide variety of businesses, such as carriers, data centers, enterprises and distributed offices. The company’s cybersecurity solutions are designed to provide broad, automated, and integrated protection against dynamic and sophisticated security threats. The company has four areas of business namely Core Business, Fortinet Security Fabric, Fortinet Cloud Security and Internet of Things (“IoT”) and Operational Technology Security (“OT”). The company specializes in network security, enterprise firewall, unified threat management (UTM), firewall, intrusion prevention system (IPS), VPN, antivirus, email security, web filtering and web security gateway, antispam, application control and visibility, and next generation firewall (NGFW).
Capgemini SE
Company Headquarters: France Founded: 1967 Workforce: ~325,000 Company Working: Capgemini SE (Capgemini) is engaged in providing consulting, technology, professional, and outsourcing services. It operates through four segments, which are consulting, technology, outsourcing, and local professional services. The device as a service (DaaS) market falls under its local professional services segment. The local professional services segment offers professional technology services to suit local requirements for infrastructures, applications, engineering, testing, and operations. This segment includes services such as application lifecycle services, application outsourcing services, business process management, business process outsourcing, cloud services, consulting services, cybersecurity, finance & accounting, global engineering services, infrastructure services, insights & data, mobile solutions, service management, social business, procurement, ready2series, service integration, supply chain management, testing services, and workforce management. Its consulting services business helps its clients identify, build, and carry through transformation programs to enhance their growth and sharpen their competitive edge on a long-term basis. The company’s technology services business offers solutions to design, develop, and implement a wide range of technology projects that involve complex systems integration and IT application development. The outsourcing services business segment covers support services to client's information systems and assistance to outsource the IT systems. The company has research centers across India, the US, and the UK and has a presence in over 40 countries worldwide.
Symantec Corporation
Company Headquarters: California, US Founded: 1982 Workforce: ~12,122 Company Working: Symantec Corporation (Symantec) is one of the world’s leading cyber security company. It helps organizations, governments, and individuals secure their important data wherever it is stored. Organizations across the world work with Symantec for strategic, integrated solutions to defend against sophisticated attacks across endpoints, cloud, and infrastructure. Symantec operates one of the world’s largest civilian cyber intelligence networks, which helps it to see and protect its customers against the most advanced threats.
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SECURITY OPERATION CENTER Market