Global Security Orchestration Automation and Response Market, By Application (Incident Management, Workflow Management, Threat Intelligence, Compliance Management, Network Forensics, Others), Organization Size (Large Organizations, Small & Medium Organizations), Industry Verticals (BFSI, Retail, Health Care, Energy and Utilities, Government, IT and Telecommunications, Other), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Security Orchestration Automation and Response Market
The security orchestration automation and response market will reach at an estimated value of USD 2,763.43 million and grow at a CAGR of 15.00% in the forecast period of 2021 to 2028. Rise in the security breaches and incidents is an essential factor driving the security orchestration automation and response market.
Security orchestration, automation, and response (SOAR) is defined as a combination of numerous software programs which enable organizations to deal with small threats by automating the processes. This solution stack helps in enabling the organizations to gather information about numerous security threats from various sources and to eliminate low-level threats without human support.
Rise in the dramatic growth in the Byod trend affecting Smes is a crucial factor accelerating the market growth, also rise in the network complexity and frequent changes in network infrastructure, rise in the need for security operations center (SOC) optimization, increase in the threat intelligence management, threat monitoring, and response, and threat investigation and response and rise in the lack of security operations handlers are the major factors among others boosting the security orchestration automation and response market. Moreover, rise in the convergence of security analytics with security orchestration and rising research and development activities in the market will further create new opportunities for security orchestration automation and response market in the forecast period mentioned above.
However, continuous lack of knowledge about security orchestration is the major factor among others restraining the market growth, while lack of awareness of advanced cyber threats, continuous managing security alerts and rise in the demand for cloud computing will further challenge the security orchestration automation and response market in the forecast period mentioned above.
This security orchestration automation and response market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on security orchestration automation and response market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Security Orchestration Automation and Response Market Scope and Market Size
The security orchestration automation and response market is segmented on the basis of application, organization size and industry verticals. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of application, security orchestration automation and response market is segmented into incident management, workflow management, threat intelligence, compliance management, network forensics and others.
- Based on organization size, the security orchestration automation and response market is segmented into large organizations and small & medium organizations.
- The security orchestration automation and response market is also segmented on the basis of industry verticals into BFSI, retail, health care, energy and utilities, government, IT and telecommunications and other.
Security Orchestration Automation and Response Market Scope Country Level Analysis
The security orchestration automation and response market is analysed and market size, volume information is provided by country, application, organization size and industry verticals as referenced above.
The countries covered in the security orchestration automation and response market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the security orchestration automation and response market due to increase investments in significant research and development activities and rise in the presence of the majority of market players in this region. North America is the expected region in terms of growth in security orchestration automation and response market due to rise in the need for security operations center (SOC) optimization in this region.
The country section of the security orchestration automation and response market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Security Orchestration Automation and Response Market Share Analysis
The security orchestration automation and response market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to security orchestration automation and response market.
The major players covered in security orchestration automation and response market report are FireEye Inc., Hexadite Ltd., Intel Corporation, Huawei Technologies Company Ltd., Phantom Cyber Corporation, Cybersponse Inc., Ayehu Software Technologies Ltd., IBM, Tufin, Swimlane, Optiv Security Inc., Bradford Networks Inc., Cyberbit, Paolo Alto Networks Inc., DFLABS SPA, Exabeam, Resolve Systems, Acalvio Technologies Inc., Arxan Technologies, Inc., Baffle and BlueVector among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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