Major players in the security orchestration, automation and response (SOAR) market are IBM Corporation, Cisco Systems Inc, FireEye Inc, Palo Alto Networks Inc, Swimlane LLC, Rapid7, LogRhythm Inc, Splunk Inc, DFLabs S.p.A, Cyberbit, ThreatConnect, CyberSponse Inc, D3 Security Management Systems Inc, Resolve Systems LLC, Exabeam Inc, Tufin, Trellix, and Ayehu Software Technologies Ltd.
The global security orchestration, automation and response (SOAR) market is expected to grow from $1.12 billion in 2021 to $1.32 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The security orchestration, automation and response (SOAR) market is expected to reach $2.33 billion in 2026 at a CAGR of 15.3%.
The security orchestration automation and response (SOAR) market includes revenues earned by entities by threat intelligence, network forensics, incident management, compliance management, workflow management, professional services and managed services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Security orchestration automation and response (SOAR) is a collection of technologies that enable businesses to collect information and security alerts from a variety of sources. Enterprises can define response processes and perform threat analysis using security orchestration automation and response tools. The security orchestration, automation, and response (SOAR) is used to perform security threat analysis in a systematic digital workflow format without any human assistance.
North America was the largest region in the security orchestration, automation and response (SOAR) market in 2021. The regions covered in the security orchestration, automation and response (SOAR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The main components in security orchestration, automation and response includes solutions and services. Security orchestration, automation, and response solutions are technological tools that assist organisations in protecting themselves against cyber-attacks, which can result in application downtime, theft of sensitive data, reputational damage, compliance fines, and other negative consequences. These are deployed over cloud or on premises and are used by small and medium enterprises and large enterprises. The various applications include threat intelligence, network forensics, incident management, compliance management, workflow management, and others. The different end users include BFSI, retail, healthcare, energy and utilities, government, IT and telecommunications, and others.
An increase in the number of cyberattacks is expected to propel the growth of the security orchestration, automation, and response market going forward. A cyber-attack refers to an attack done by hackers to gain unauthorized access to a computer, computing system, or computer network with the intent to cause damage to the organization. Security orchestration helps to provide more effective security operations. It contains dozens of cyber security tools that help to prevent, detect and remediate cyber-attacks. For instance, according to Forbes, a US-based business magazine, in 2021, cyberattacks and data breaches increased by 15.1% in the US. Therefore, the increase in the number of cyberattacks is driving the growth of the security orchestration, automation, and response market.
Technological advancements have emerged as a key trend gaining popularity in the security orchestration, automation, and response market. Major companies operating in the security orchestration, automation, and response sector is focused on introducing new technologies to sustain their position. For instance, in November 2019, DXC Technology, a US-based IT services company launched a DXC multi-cloud orchestration solution. This helps to provide consistent service management and enables clients to maximize the data. It helps to automate the managed services and asset delivery, and also helps to optimize the cost. It offers a holistic cloud management solution to speed up the pace of digital change in hybrid cloud environments and helps to optimize workloads for the cloud.
In January 2022, Google LLC, a US-based technology company acquired Siemplify for an amount of $500 million. With this acquisition, Google aimed to integrate security orchestration, automation, and response capabilities into their own Google chronicle security solution. Moreover, this acquisition will enhance Google Cloud’s security to help companies better manage their security threat response. Siemplify is a US-based security orchestration, automation, and response provider.
The countries covered in the security orchestration, automation and response (SOAR) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The security orchestration automation and response (SOAR) market research report is one of a series of new reports that provides security orchestration automation and response (SOAR) market statistics, including security orchestration automation and response (SOAR) industry global market size, regional shares, competitors with a security orchestration automation and response (SOAR) market share, detailed security orchestration automation and response (SOAR) market segments, market trends and opportunities, and any further data you may need to thrive in the security orchestration automation and response (SOAR) industry. This security orchestration automation and response (SOAR) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
The global security orchestration, automation and response (SOAR) market is expected to grow from $1.12 billion in 2021 to $1.32 billion in 2022 at a compound annual growth rate (CAGR) of 17.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The security orchestration, automation and response (SOAR) market is expected to reach $2.33 billion in 2026 at a CAGR of 15.3%.
The security orchestration automation and response (SOAR) market includes revenues earned by entities by threat intelligence, network forensics, incident management, compliance management, workflow management, professional services and managed services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Security orchestration automation and response (SOAR) is a collection of technologies that enable businesses to collect information and security alerts from a variety of sources. Enterprises can define response processes and perform threat analysis using security orchestration automation and response tools. The security orchestration, automation, and response (SOAR) is used to perform security threat analysis in a systematic digital workflow format without any human assistance.
North America was the largest region in the security orchestration, automation and response (SOAR) market in 2021. The regions covered in the security orchestration, automation and response (SOAR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).
The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.
The main components in security orchestration, automation and response includes solutions and services. Security orchestration, automation, and response solutions are technological tools that assist organisations in protecting themselves against cyber-attacks, which can result in application downtime, theft of sensitive data, reputational damage, compliance fines, and other negative consequences. These are deployed over cloud or on premises and are used by small and medium enterprises and large enterprises. The various applications include threat intelligence, network forensics, incident management, compliance management, workflow management, and others. The different end users include BFSI, retail, healthcare, energy and utilities, government, IT and telecommunications, and others.
An increase in the number of cyberattacks is expected to propel the growth of the security orchestration, automation, and response market going forward. A cyber-attack refers to an attack done by hackers to gain unauthorized access to a computer, computing system, or computer network with the intent to cause damage to the organization. Security orchestration helps to provide more effective security operations. It contains dozens of cyber security tools that help to prevent, detect and remediate cyber-attacks. For instance, according to Forbes, a US-based business magazine, in 2021, cyberattacks and data breaches increased by 15.1% in the US. Therefore, the increase in the number of cyberattacks is driving the growth of the security orchestration, automation, and response market.
Technological advancements have emerged as a key trend gaining popularity in the security orchestration, automation, and response market. Major companies operating in the security orchestration, automation, and response sector is focused on introducing new technologies to sustain their position. For instance, in November 2019, DXC Technology, a US-based IT services company launched a DXC multi-cloud orchestration solution. This helps to provide consistent service management and enables clients to maximize the data. It helps to automate the managed services and asset delivery, and also helps to optimize the cost. It offers a holistic cloud management solution to speed up the pace of digital change in hybrid cloud environments and helps to optimize workloads for the cloud.
In January 2022, Google LLC, a US-based technology company acquired Siemplify for an amount of $500 million. With this acquisition, Google aimed to integrate security orchestration, automation, and response capabilities into their own Google chronicle security solution. Moreover, this acquisition will enhance Google Cloud’s security to help companies better manage their security threat response. Siemplify is a US-based security orchestration, automation, and response provider.
The countries covered in the security orchestration, automation and response (SOAR) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The security orchestration automation and response (SOAR) market research report is one of a series of new reports that provides security orchestration automation and response (SOAR) market statistics, including security orchestration automation and response (SOAR) industry global market size, regional shares, competitors with a security orchestration automation and response (SOAR) market share, detailed security orchestration automation and response (SOAR) market segments, market trends and opportunities, and any further data you may need to thrive in the security orchestration automation and response (SOAR) industry. This security orchestration automation and response (SOAR) market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Security Orchestration, Automation and Response (SOAR) Market
What is the estimated value of the Global Security Orchestration, Automation and Response (SOAR) Market?
What is the growth rate of the Global Security Orchestration, Automation and Response (SOAR) Market?
What is the forecasted size of the Global Security Orchestration, Automation and Response (SOAR) Market?
Who are the key companies in the Global Security Orchestration, Automation and Response (SOAR) Market?
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | December 2022 |
Forecast Period | 2022 - 2026 |
Estimated Market Value ( USD | $ 1.32 billion |
Forecasted Market Value ( USD | $ 2.33 billion |
Compound Annual Growth Rate | 15.3% |
Regions Covered | Global |
Table of Contents
1. Executive Summary2. Security Orchestration, Automation And Response Market Characteristics3. Security Orchestration, Automation And Response Market Trends And Strategies28. Key Mergers And Acquisitions In The Security Orchestration, Automation And Response Market29. Security Orchestration, Automation And Response Market Future Outlook and Potential Analysis
4. Security Orchestration, Automation And Response Market - Macro Economic Scenario
5. Security Orchestration, Automation And Response Market Size And Growth
6. Security Orchestration, Automation And Response Market Segmentation
7. Security Orchestration, Automation And Response Market Regional And Country Analysis
8. Asia-Pacific Security Orchestration, Automation And Response Market
9. China Security Orchestration, Automation And Response Market
10. India Security Orchestration, Automation And Response Market
11. Japan Security Orchestration, Automation And Response Market
12. Australia Security Orchestration, Automation And Response Market
13. Indonesia Security Orchestration, Automation And Response Market
14. South Korea Security Orchestration, Automation And Response Market
15. Western Europe Security Orchestration, Automation And Response Market
16. UK Security Orchestration, Automation And Response Market
17. Germany Security Orchestration, Automation And Response Market
18. France Security Orchestration, Automation And Response Market
19. Eastern Europe Security Orchestration, Automation And Response Market
20. Russia Security Orchestration, Automation And Response Market
21. North America Security Orchestration, Automation And Response Market
22. USA Security Orchestration, Automation And Response Market
23. South America Security Orchestration, Automation And Response Market
24. Brazil Security Orchestration, Automation And Response Market
25. Middle East Security Orchestration, Automation And Response Market
26. Africa Security Orchestration, Automation And Response Market
27. Security Orchestration, Automation And Response Market Competitive Landscape And Company Profiles
30. Appendix
Executive Summary
Security Orchestration, Automation And Response (SOAR) Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global security orchestration, automation and response (soar) market.This report focuses on security orchestration, automation and response (soar) market which is experiencing strong growth. The report gives a guide to the security orchestration, automation and response (soar) market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
- Impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the security orchestration, automation and response (soar)? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Security Orchestration, Automation And Response (SOAR) market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider security orchestration, automation and response (soar) market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Our forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of covid 19 on supply chains and consumption patterns.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The security orchestration, automation and response (soar) market section of the report gives context. It compares the security orchestration, automation and response (soar) market with other segments of the security orchestration, automation and response (soar) market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, security orchestration, automation and response (soar) indicators comparison.
Scope
Markets Covered:
1) By Component: Solution; Services2) By Deployment Mode: Cloud; On Premises
3) By Organisation Size: Small And Medium Enterprises; Large Enterprises
4) By Application: Threat Intelligence; Network Forensics; Incident Management; Compliance Management; Workflow Management; Other Applications
5) By End User: BFSI; Retail; Healthcare; Energy And Utilities; Government; IT And Telecommunications; Other End Users
Companies Mentioned: IBM Corporation; Cisco Systems Inc.; FireEye Inc.; Palo Alto Networks Inc.; Swimlane LLC
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Companies Mentioned
A selection of companies mentioned in this report includes:
- IBM Corporation
- Cisco Systems Inc.
- FireEye Inc.
- Palo Alto Networks Inc.
- Swimlane LLC
- Rapid7
- LogRhythm Inc.
- Splunk Inc.
- DFLabs S.p.A
- Cyberbit
- ThreatConnect
- CyberSponse Inc.
- D3 Security Management Systems Inc.
- Resolve Systems LLC
- Exabeam Inc.
- Tufin
- Trellix
- Ayehu Software Technologies Ltd.-
Methodology
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