Global Security Orchestration Automation and Response Market – Industry Trends and Forecast to 2026

  • ICT
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Security Orchestration Automation and Response Market By Component (Solutions, Services), Application (Threat Intelligence, Network Forensics & Security, Incident Management, Compliance Management, Ticketing Solutions, End-Point Security, Workflow Management, Others), Deployment Model (Cloud, On-Premises), Organization Size (SMES, Large Enterprises), Vertical (BFSI, Government, Energy & Utilities, Healthcare, Retail, IT & Telecom, Manufacturing, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Security Orchestration Automation and Response Market

Global security orchestration automation and response market is expected to rise to an estimated value of USD 3602.91 million by 2026, registering a healthy CAGR in the forecast period of 2019-2026. This rise in market value can be attributed to increasing levels of expenditure incurred on the protection against cyber-attacks, along with quicker response time associated with this technology against cyber-threats.

Market Definition: Global Security Orchestration Automation and Response Market

Security orchestration automation and response (SOAR) can be defined as a technology which includes various software programs and systems, and with its deployment allowing for an organization’s IT infrastructure to monitor, record and respond to cyber-security events without requiring any human intervention. This helps in enhancing the overall effectiveness and efficiency of security of an organization as it automates the response while standardizing and prioritizing the incidents based on the intensity.

Market Drivers:

  • Increased levels of vulnerability to various organizations due to shift of business from physical environment to digital environment; this factor is expected to propel the growth of the market
  • Growth in need for a centralized system for threat detection and management acts as a market driver
  • Lack of staff required to handle conventional methods of cyber security in an enterprise also propels the market growth
  • Increasing volume of incidences relating to cyber-attacks; this factor is expected to have a positive impact on the growth of the market

Market Restraints:

  • Lack of information and awareness amongst various organizations regarding the availability of this technology; this factor is expected to hinder the growth of the market
  • Dearth of skilled individuals required for the deployment and integration of this technology; this factor is expected to act as a restricting factor for this market growth

Segmentation: Global Security Orchestration Automation and Response Market

By Component

  • Solutions
  • Services

    • Professional Services
    • Managed Services

By Application

  • Threat Intelligence
  • Network Forensics & Security
  • Incident Management
  • Compliance Management
  • Ticketing Solutions
  • End-Point Security
  • Workflow Management
  • Others

By Deployment Model

  • Cloud
  • On-Premises

By Organization Size

  • Small & Medium-Enterprises (SMEs)
  • Large Enterprises

By Vertical

  • Banking, Financial Services & Insurance (BFSI)
  • Government
  • Energy & Utilities
  • Healthcare
  • Retail
  • IT & Telecom
  • Manufacturing
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • Europe

    • Germany
    • Italy
    • U.K.
    • France
    • Spain
    • Netherlands
    • Belgium
    • Switzerland
    • Turkey
    • Russia
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • India
    • South Korea
    • Australia
    • Singapore
    • Malaysia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of Asia-Pacific

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Middle East and Africa

    • Saudi Arabia
    • UAE
    • South Africa
    • Egypt
    • Israel
    • Rest of Middle East and Africa

Key Developments in the Market:

  • In March 2019, Palo Alto Networks, Inc. announced that they had completed the acquisition of Demisto helping enhance the capabilities of Palo Alto’s “Cortex” security platform while enhancing the capability of the company to provide their consumers with automated prevention against threats
  • In April 2018, Splunk Inc. announced that they had acquired Phantom Cyber whose security orchestration, automation and response technology will be combined with Splunk’s big data analytics helping enhance the security levels for IT customers reducing the incidences of threats

Competitive Analysis

Global security orchestration automation and response market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of security orchestration automation and response market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global security orchestration automation and response market are Cyberbit; IBM Corporation; FireEye, Inc.; Cisco; Palo Alto Networks, Inc.; Splunk Inc.; Rapid7; Swimlane; ThreatConnect, Inc.; DFLabs S.p.A.; Exabeam; LogRhythm, Inc.; Ayehu Software Technologies, Ltd.; Siemplify; Resolve Systems; CyberSponse, Inc.; Zscaler, Inc.; Microsoft; Securonix, Inc. among others.

Research Methodology: Global Security Orchestration Automation and Response Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key market players involved in this industry
  • Detailed analysis of the market segmentation
  • Competitive analysis of the key players involved


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