Introduction
 
Today, security information management has become one of the hot topics in the enterprise IT security space. The sheer volume of security data that organizations need to monitor has forced many organizations to devote an increasing amount of time to manage such alerts putting even more pressure on already over-burdened administrators.
 

 
Scope
 
Identifies four principal means how organizations monitor alerts either as a managed service or as a software solution.
 
Comments on trend behavior for enterprise IT solution providers such as the increasing focus on sales channel and market messaging verticalization.
 
Identifies common drivers for all security information management solutions organizations, drawn towards managed security services, security information management tools or a combination of both.
 
Determines how historical revenues for MSSPs and SIM vendors grow, as well as how markets for these solutions set over time.
 
Highlights
 
By year-end 2004 vendors will have generated $174m from the security information management software market. The strong drivers for this solution will propel the market forward over the next four years, at a CAGR of 35%, to reach approximately $575m by year-end 2008.
 

 
Datamonitor believes that the overall MSS market generated revenues of almost $1.1bn in 2004 and that this will grow to reach almost $2.8bn by 2008. Of this, the security monitoring services market reached $140m in 2004, growing to around $295m in 2008 at a CAGR of 20.5%.
 

 
Datamonitor believes that, even if security is treated differently now, in the future a more holistic approach to system availability will force customers to adopt a more wide-ranging risk posture than just with security alone.
 

 
Reasons to Purchase
 
Comments on some of the most prominent organizations operating in SIM solution markets and highlights their specific strengths and best practice.
 
Comments on the main drivers for SIM solutions over the next 12 months.
 
Helps customers understand how security information management fits into the overall systems management pitch.
 

TABLE OF CONTENTS
 
CHAPTER 1 EXECUTIVE SUMMARY 3
 
Introduction 3
 
Market context 3
 
Customer focus 4
 
A vertical market perspective 6
 
Opinion 8
 
CHAPTER 2 MARKET CONTEXT 16
 
Introduction 16
 
Key findings 17
 
Security information management drivers 17
 
SIM software vs managed security services 19
 
Managed security monitoring service drivers 19
 
SIM software-specific drivers 20
 
Market opportunity 21
 
Security information management software 22
 
The global market 22
 
The European market 24
 
The vertical market perspective 25
 
Security outsourcing services 27
 
Managed security services 28
 
Regional variances 30
 
The European perspective 31
 
The vertical market opportunity 33
 
Managed firewall services 34
 
Security monitoring services 36
 
Managed vulnerability scanning 37
 
Managed email filtering and anti-virus services 39
 
Managed authentication services 40
 
Managed SSL VPN services 42
 
MSSP response and threat analysis services 43
 
CHAPTER 3 THE EUROPEAN CUSTOMERS’ PERSPECTIVE 45
 
Introduction 45
 
Key findings 45
 
Current security monitoring methods 46
 
In-house staff knowledge 48
 
24 hour a day protection 49
 
CHAPTER 4 SECURITY MANAGEMENT: A VERTICAL MARKET PERSPECTIVE 52
 
Introduction 52
 
Financial services 54
 
Public sector 54
 
Healthcare 55
 
Pharmaceutical 56
 
Manufacturing 56
 
Utilities (including telecoms) 57
 
Retail, wholesale and logistics 58
 
Media and leisure 58
 
Services 59
 
CHAPTER 5 THE COMPETITIVE LANDSCAPE 60
 
Introduction 60
 
Key findings 60
 
The SIM software competitive landscape 61
 
The managed security services landscape 67
 
Conclusions 73
 
CHAPTER 6 OPINION 74
 
Introduction 74
 
Business process impact 75
 
Building in-house SOCs 76
 
Regulations and legislation 77
 
‘Follow the sun’ 79
 
Overall recommendations 80
 
CHAPTER 7 APPENDIX 82
 
Definitions 82
 
Research methodology 82
 
Future readings 83
 
SPP writing team 83
 
How to contact experts in your industry 84
 

 

 
LIST OF TABLES
 
Table 1: The global security information management software market by region from 2004 to 2008 ($m) 23
 
Table 2: The European security information management software market by country / region from 2004 to 2008 ($m) 24
 
Table 3: The global security information management software market by vertical market from 2004 to 2008 ($m) 26
 
Table 4: Global security outsourcing revenues from 2004 to 2008 ($m) 27
 
Table 5: Global managed security service revenues by type of service from 2004 to 2008 ($m) 29
 
Table 6: Global managed security service revenues by type of region from 2004 to 2008 ($m) 30
 
Table 7: European managed security services revenues by country / region from 2004 to 2008 ($m) 32
 
Table 8: Global managed security service revenues by vertical market from 2004 to 2008 ($m) 33
 
Table 9: Global managed firewall services revenues by region from 2004 to 2008 ($m) 35
 
Table 10: Global security monitoring service revenues by region from 2004 to 2008 ($m) 36
 
Table 11: Global vulnerability scanning service revenues by region from 2004 to 2008 ($m) 38
 
Table 12: Global managed email filtering and anti-virus update service revenues by region from 2004 to 2008 ($m) 39
 
Table 13: Global managed authentication service revenues by region from 2004 to 2008 ($m) 41
 
Table 14: Global managed SSL VPN service revenues by region from 2004 to 2008 ($m) 42
 
Table 15: Global MSSP response and threat analysis service revenues by region from 2004 to 2008 ($m) 44