Security Orchestration Automation and Response Market by Manufacturers, Countries, Type and Application, Forecast to 2025 (SARS-CoV-2, Covid-19 Analysis)

Global Security Orchestration Automation and Response (SOAR) Market Research Report: by Component [Platform, Service (Professional Service and Managed Service)], Application (SOC optimization, network forensics, threat intelligence, compliance management, others), Organization Size (Large Enterprise and Small & Medium-Sized Enterprise), Vertical (Banking, Financial Services and Insurance, IT & Telecom, Government, Energy and Utilities, Healthcare, Retail and Others), Region (North America, Europe, Asia-Pacific, Middle East and Africa and South America) - Forecast till 2027OverviewAccording to Market Research Future, the  SOAR market has been segmented based on component, application, organization size, vertical, and region/country.According to International Information System Security Certification Consortium, or (ISC)², globally 2.93 million cybersecurity positions were open and unfilled in 2020.

Lack of workforce to manage security operations in enterprises is the major factor boosting the growth of the SOAR market.

SOAR stands for security orchestration, automation and response which is a combination of software programs which allow an enterprise to collect data about security threats from multiple sources and respond to them without human assistance.

The increasing demand for SOAR solutions by managed security service providers (MSSP) and the advent of digital transformation in enterprises based in major economies offer lucrative opportunities for SOAR service providers in the market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8385By component, the global SOAR market has been divided into platform and services.

The platform is deployed to manage security alerts and prevent any type of cyberattack.

Threat intelligence is imperative to facilitate the management of cyber threat intelligence and detect threats such as advanced persistent threat (APT), phishing, malware, botnets, distributed denial of service (DDoS) and ransomware among others.Based on organization size, the global SOAR market has been categorized as large enterprise and small- and medium-sized enterprise (SMEs).

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 marketGrowth in need for a centralized system for threat detection and management acts as a market driverLack of staff required to handle conventional methods of cyber security in an enterprise also propels the market growthIncreasing volume of incidences relating to cyber-attacks; this factor is expected to have a positive impact on the growth of the marketMarket 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 marketDearth 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 growthGet Exclusive Sample Report: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-security-orchestration-automation-and-response-marketSome of the leading key players profiled in this study: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.

Browse Related Report  Here:Digital Lending Platform MarketEurope Digital Lending Platform MarketKey Pointers Covered in the Security Orchestration Automation and Response Market Trends and Forecast to 2026Security Orchestration Automation and Response Market New Sales VolumesSecurity Orchestration Automation and Response Market Replacement Sales VolumesSecurity Orchestration Automation and Response Market Installed BaseSecurity Orchestration Automation and Response Market By BrandsSecurity Orchestration Automation and Response Market SizeSecurity Orchestration Automation and Response Market Procedure VolumesSecurity Orchestration Automation and Response Market Product Price AnalysisSecurity Orchestration Automation and Response Market Healthcare OutcomesSecurity Orchestration Automation and Response Market Cost of Care AnalysisSecurity Orchestration Automation and Response Market Regulatory Framework and ChangesSecurity Orchestration Automation and Response Market Prices and Reimbursement AnalysisSecurity Orchestration Automation and Response Market Shares in Different RegionsRecent Developments for Security Orchestration Automation and Response Market CompetitorsSecurity Orchestration Automation and Response Market Upcoming ApplicationsSecurity Orchestration Automation and Response Market Innovators Study Get Detailed Toc and Charts & Tables @ https://www.databridgemarketresearch.com/toc/?dbmr=global-security-orchestration-automation-and-response-marketScope of the Security Orchestration Automation and Response MarketCurrent and future of Security Orchestration Automation and Response Market outlook in the developed and emerging marketsThe segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast periodRegions/Countries that are expected to witness the fastest growth rates during the forecast periodThe latest developments, market shares, and strategies that are employed by the major market playersGlobal 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 Inquiry before Buying @ https://www.databridgemarketresearch.com/inquire-before-buying/?dbmr=global-security-orchestration-automation-and-response-marketAbout Us: Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches.

We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the marketContact: Data Bridge Market ResearchTel: +1-888-387-2818Email: [email protected]

According to a new market research report "Security Orchestration Market by Component (Solution and Service), Application (Threat Intelligence, Network Forensics, Ticketing Solutions, and Compliance Management), Deployment Mode, End User, and Vertical, Region - Global Forecast to 2021", published by MarketsandMarkets™ the security orchestration market size estimated to grow from USD 826.1 Million in 2016 to USD 1682.4 Million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 15.3%.Browse in-depth TOC on “Security Orchestration Market” 76- Tables 50- Figures  142- PagesSecurity orchestration is an approach to automatically respond to security incidents and protect IT systems in organizations from advanced cyber-attacks and vulnerabilities.

As the sophistication level in cyber-attack is increasing, security vendors are trying to develop better orchestration platforms to provide a proactive and holistic security to critical business applications.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=86288294Rise in security breaches and incidents is driving the security orchestration marketThe major forces driving the security orchestration market are the rise in security breaches & incidents, rapid deployment & development of cloud based solutions, and growth in the BYOD trend, affecting Small and Medium Enterprises (SMEs).

As the businesses are growing, new and sophisticated threats are created everyday which puts the company’s and individual’s critical data at risk.

Therefore, enterprises are deploying security orchestration solutions to detect and respond to threats and data breaches within their networks, and endpoints.Threat intelligence segment to play a key role in the security orchestration marketNetwork forensics is expected to have the largest market share and dominate the security orchestration market from 2016 to 2021, as more and more companies are adopting network forensics solutions to manage and monitor computer network traffic.

Government sector is expected to grow at the highest CAGR from 2016 to 2021 in the security orchestration market, as government agencies hold critical and sensitive information of citizens, which are considered as the prime target for cyber criminals.North America is expected to contribute the largest market share, whereas APAC is expected to grow the fastestNorth America is expected to have the largest market share and dominate the security orchestration market from 2016to 2021, due to the presence of large number of security orchestration vendors across this region.

On the other hand, APAC offers potential growth opportunities in the security orchestration market, as there is a wide presence of SMEs that are turning towards security orchestration solutions to defend against advanced cyber threats.The major vendors in the security orchestration market include FireEye, Inc. (U.S.), Cisco Systems, Inc. (U.S.), Intel Security (U.S.), IBM Corporation (U.S.), Huawei Technologies (China), Hexadite (U.S.), Phantom Cyber Corporation (U.S.), Tufin (Israel), Swimlane LLC (U.S.), and CyberSponse Inc. (U.S.).