Security Orchestration Automation and Response Market Overview
Security Orchestration Automation and Response (SOAR) Market size were valued at US$ 1.10 Bn. in 2022 and the total revenue is expected to grow at 15.5% from 2022 to 2029, reaching nearly US$ 3.01 Bn.
Security Orchestration Automation and Response Market Report Scope and Research Methodology
The report offers a thorough analysis of the market and contains meaningful insights, facts, historical data, and statistically supported and industry-validated market statistics on Security Orchestration Automation and Response Market. The report provides the Security Orchestration Automation and Response Market share and rival sector, as well as an analysis of the major vendors and leading regions. The report also offers the Security Orchestration Automation and Response Market's present size, growth rates, and company profiles of the top players and producers. The bottom-up approach was used to estimate the Security Orchestration Automation and Response Market size.
Growth models and strategies used by key players are based on the competitive landscape. An in-depth analysis of the regional environment is involved, along with information on the potential, important growth indicators, geographical challenges, and threats facing the market. The segment-wise analysis is divided into Security Orchestration Automation and Response Market. The primary and secondary collection methods are used to collect the data for the Security Orchestration Automation and Response Market. Research tools such as SWOT, PESTLE and Porter’s five forces were used for the Security Orchestration Automation and Response Market analysis for the Micro and macro factors affecting the Market presented. Thus the report act as a guide for investors, stakeholders and market followers of the market.
Security Orchestration Automation and Response Market Regional Insights
The Regional Analysis in the report helps to understand the Security Orchestration Automation and Response Market in various countries. The report includes a detailed analysis of all the factors, market size, growth rate, and import and export in regions covering North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
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Security Orchestration Automation and Response Market Segmentation
by Deployment
model Cloud Base
On Premises
Others
by Components
Solution
Service
by Application
Threat Intelligence
Network Forensics
Incident Management
Compliance Management
Workflow Management
Other
Security Orchestration Automation and Response Market Key Players
1. BM (US)
2. Cisco (US)
3. Rapid7 (US)
4. Palo Alto Networks (US)
5. Splunk (US)
6. Swimlane (US)
7. Tufin (US)
8. Fortinet (US)
9. ThreatConnect (US)
10.Trellix (US)
11.Sumo Logic (US)
12.Siemplify (US)
13.LogRhythm (US)
14.Resolve (US)
15.Exabeam (US)
16.manageEngine (US)
17.KnowBe4 (US)
18.D3 Security (Canada)
19.Qvine (US)
20.Cyware (US)
21.LogicHub (US)
22.Cyberbit (US)
23.Logsign (Netherland)
24.SIRP (UK)
25.Tines (Ireland)
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Key questions answered in the Security Orchestration Automation and Response Market are:
- What is Security Orchestration Automation and Response Market?
- What are the global trends in the Security Orchestration Automation and Response Market?
- What was the Security Orchestration Automation and Response Market size in 2022?
- Which trends are expected to generate additional revenue for the Security Orchestration Automation and Response Market growth?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Security Orchestration Automation and Response Market?
- What are the major challenges that the Security Orchestration Automation and Response Market could face in the future?
- What are the upcoming industry applications and trends for the Security Orchestration Automation and Response Market?
- What growth strategies are the players considering to increase their presence in the Security Orchestration Automation and Response Market?
- Who held the largest market share in the Security Orchestration Automation and Response Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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Security Orchestration Automation and Response (SOAR) Market -OverviewThe surging need to consolidate enterprise data is likely to push the development of the SOAR market in 2020.
The software reports are produced by Market Research Future, which contains market alternatives for progress.
The growing susceptibilities in data security are forecasted to change the SOAR market in the future.Segmental Analysis The segmental insight into the Security Orchestration Automation and Response Market has been conducted based on application, organization size, vertical, component, and region.
Based on the application, the SOAR market has been segmented into network forensics, threat intelligence, compliance management, security operations center (SOC) optimization, and others.
Based on the vertical, the SOAR market has been segmented into BFSI, energy and utilities, healthcare, retail, IT & telecom, government, and others.
The North American region has the principal market stake as the businesses in this region are capitalizing considerably towards R activities, which has controlled the improvement of technologies in security orchestration and automation.
The growth sectors of the Security Orchestration Automation and Response (SOAR) Market are identified with precision for a better growth perspective.Market Research Future (MRFR), in its new “Security Orchestration Automation and Response (SOAR) Market” report, reveals that the SOAR market is expected to exhibit a CAGR of 14.6% during the forecast span of 2018 to 2025.
As per MRFR, the SOAR market is likely to capitalize on the growing cases of cyber threats.
MRFR estimated a valuation of USD 2,027.2 million by 2025, for the SOAR market.FREE PDF@ https://www.marketresearchfuture.com/sample_request/8385Market SynopsisSOAR is a set of distinct technologies that enables companies to gather data and security threats from different sources.
Threat analysis and remediation processes for organizations are performed by SOAR software and services, by prioritizing incident response (IR) activities.
This leads to the automation of various man-driven activities.
The services segment is sub-segmented into managed service and professional service.
Market Analysis The global security orchestration automation & response market will touch USD 2,027.2 million at a 14.6% CAGR during the forecast period 2020- 2027, states the latest Market Research Future (MRFR) analysis.
Security orchestration automation and response (SOAR) allows organizations in collecting data from different sources and responding to safe operations from one single system sans human assistance to deal with the changing threat environment.
SOAR allows various solutions in integrating with one another and automating tasks in production with the help of workflows for managing security threats and preventing further network attacks.Various factors are fuelling the global security orchestration automation and response market growth.
As per the recent MRFR market estimates, such factors include the growing digitization resulting in rising vulnerabilities in data security, the need to improve detection and response activities across verticals, growing demand from various verticals like IT and telecommunications and BFSI, rising number of false alerts, and the rising digitization.
The additional factors propelling market growth include the necessity to manage cyber threats, the need for improving detection and response activities, and technological advances.On the contrary, the impact of the COVID-19 impact, lack of awareness regarding SOAR and lack of security operation handlers may limit the security orchestration automation & response market growth over the forecast period.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/8385Market BifurcationThe Market Research Future report throws light on an inclusive segmental analysis of the global security orchestration automation and response market based on vertical, organization size, application, and component.
The services segment is again segmented into managed services and professional services.
Security Orchestration Automation and Response MarketAccording to Market Research Future, the global 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 2018.
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.By component, the global SOAR market has been divided into platform and services.
This is because various organizations are opting for managed service providers for SOAR to order to keep their organizations secure.By application, the global SOAR market has been divided into security operations center (SOC) optimization, network forensics, threat intelligence, compliance management, and others.
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).
