Security Operation Center as a Service Market:
Executive Summary
The market for security operation center as a service has a huge development scope. The dynamic and competitive nature of the security operation center as a service market is expected to oblige the market players to focus more on product innovation, brand collaboration, and business integration. These days, several organizations are experiencing difficulty in managing the complexity and cost of their critical security infrastructure and manipulating internal resources. Security operation center as a service enables organizations to promptly design and maintain an optimal and efficient security operation model.
Besides, the security operation center as a service can e-bond with an organization’s existing solutions and software sets. Also, the organisations can use security operation center as a service to effectively maintain ticketing, streamline workflow, and reporting artefacts for auditing and compliance. Security operation center as a service further enables the organization to focus more on their core business objectives without utilizing costly in-house resources to monitor, maintain, and operate the analytics and security information management solutions.
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The advanced security operation center as a service can provide IT and Business organizations with improved security positions with lower business costs and risks. Also, these solutions provide organizations with 24/7 monitoring, management, and alerting of complex security events. Security operation center as a service is critical as it offers advanced security consulting and SIEM management. These services also provide additional contextualization and actionable intelligence to the employees dealing with security management. The best thing about the security operation center as a service is that it provides organizations with improved threat detection and response times.
Market Key Player
SecureWorks Inc, Cisco, Symantec Corporation, AT & T, Capgemini SE, BlackStratus Inc, NetMagic Solutions, Cygilant Inc, Alert Logic Inc, Raytheon, ESDS Software Solution Pvt. Ltd, Suma Soft
Market Segmentation
As per the market research report, the growth of the global security operation center as a service market can be assessed based on service types, regional markets, applications, and prominent market players. Based on the service type, the global security operation center as a service market is categorised into-
- Software as a Service
- Platform as a Service
Primary applications areas-
- Telecommunication
- BFSI
- Pharmaceutical
- Others
Telecommunication and BFSI organisations are the primary end-users of the security operation center as a service and are expected to contribute to the growth of the overall market. Security operation center as a service also offers several customized use cases that are designed as per the organizational requirements and industry standards.
Regional Overview
As per the global security operation center as a service market report, the global market is primarily driven by three regional markets, including North America, Europe, and the Asia Pacific. IT and Telecommunication organizations, operating across the North American and Asia Pacific region are considered as the leading adopters of the security operation center as a service. Increased incidences of cyber crimes and data security breaches have compelled these organizations to invest in efficient security operation center as a service and solutions. On acquiring such advanced solutions, organizations can effectively focus and operate on their core business objectives. This, in turn, States that the security operation center as a service can enable organizations to drive their business productivity. The report covers regions including
Industry News
NTT, The US-based IT solution provider & security expert, has developed an advanced security operation center as a service. NTT Security’s security operation center as a service can enable IT, Telecommunications, and BFSI organizations to promptly design, develop, and maintain an optimal and efficient security operations prototype. NTT’s advanced data security services and solutions are attaining high prominence across various industry verticals. The organisation is continuously focusing on improving its R&D and product innovation capabilities in order to cater to the demands of a wider customer base.
Continuous…
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