openPR Logo
Press release

Security Orchestration Automation and Response (SOAR) Market Is Likely to Experience a Tremendous Growth by 2029

03-10-2023 05:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Security Orchestration Automation and Response (SOAR) Market

Security orchestration automation and response (SOAR) market is anticipated to grow at a significant CAGR during the forecast period. SOAR is a solution offered by cybersecurity vendors. It empowers organizations to collect information from multiple sources and react to security operations from a solitary unit. The execution of these platforms is done in private or public organizations to oversee security alerts and to reduce further cyberattacks. As the refinement level in cyberattacks vector is rising at a significant rate, various organizations are implementing security services to address increasing risk in a persistently elevating threats landscape. This factor is anticipated to boost the growth of the market.

The substantially growing number of false alerts is the major factor that is anticipated to drive the global SOAR market during the forecast period. The rising cases of cyber-attacks and stringent regulatory bodies' compliances and regulations are some factors that elevated the demand for security orchestration automation and response (SOAR) and propel market growth. Additionally, the lack of a centralized view on threats and lack of availability of staff are some key factors that are expected to create lucrative opportunities for the growth of the market during the forecast period.

Moreover, the key players present in the global SOAR market include IBM Corp., FireEye, Cisco Systems, Inc., and others are adopting various strategies, such as product launches, mergers & acquisitions, among others to remain competitive in the market. For instance, in July 2019, FireEye announced the launch of two innovative managed detection and response (MDR) services. FireEye managed defense nights and weekends and FireEye managed defense for endpoint security are two major MDR services that offer threat protection even in the off-hours and 24*7 visibility solutions.

To Request a Sample of our Report on Security Orchestration Automation and Response (SOAR) Market: https://www.omrglobal.com/request-sample/security-orchestration-automation-and-response-soar-market

Market Coverage

· The market number available for - 2021-2029

· Base year- 2021

· Forecast period- 2023-2029

· Segment Covered

· Regions Covered- Globally

Competitive Landscape- IBM Corp., FireEye, Cisco Systems, Inc., and others.

Security Orchestration Automation and Response (SOAR) Market Report Segmentation

By Component

· Solutions

· Services

By Application

· Threat Intelligence

· Network Forensics

· Incident Management

· Compliance Management

· Workflow Management

· Others

By Organization Size

· SMEs

· Large Enterprises

By Deployment Type

· Cloud

· On-Premises

By Vertical

· BFSI

· Retail

· Healthcare

· Energy & Utilities

· Government

· IT & Telecom

· Others

A full Report of Security Orchestration Automation and Response (SOAR) Market is Available @ https://www.omrglobal.com/industry-reports/security-orchestration-automation-and-response-soar-market

Security Orchestration Automation and Response (SOAR) Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

• Latin America

• Middle East and Africa

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/security-orchestration-automation-and-response-soar-market

https://www.asiatimeskorea.com/news/2029%eb%85%84%ea%b9%8c%ec%a7%80-%ea%b8%89%ec%84%b1%ec%9e%a5%ed%95%a0-%ec%83%81%eb%b6%80-%ed%98%b8%ed%9d%a1%ea%b8%b0-%ea%b0%90%ec%97%bc-%ec%b9%98%eb%a3%8c-%ec%8b%9c%ec%9e%a5/386493/
https://monblogapple.com/2023/03/07/la-valeur-marchande-des-reactifs-dagregation-plaquettaire-devrait-augmenter-dici-2029/
https://www.diario-ya.com/regionales/%e5%88%b0-2023-2029-%e5%b9%b4%ef%bc%8c%e5%b7%a5%e6%a5%ad%e8%a8%88%e9%87%8f%e8%a8%ad%e5%82%99%e5%b8%82%e5%a0%b4%e5%b0%87%e5%87%ba%e7%8f%be%e5%bc%b7%e5%8b%81%e5%a2%9e%e9%95%b7/481310/
https://revistaeconomiasocial.com/2023/03/07/el-mercado-de-electronica-flexible-del-reino-unido-generara-ingresos-record-para-2029/
https://sportmsr.com/%d8%b3%d9%88%d9%82-%d8%a7%d9%84%d8%a5%d9%84%d9%83%d8%aa%d8%b1%d9%88%d9%86%d9%8a%d8%a7%d8%aa-%d8%a7%d9%84%d9%85%d8%b1%d9%86%d8%a9-%d9%81%d9%8a-%d8%a7%d9%84%d9%88%d9%84%d8%a7%d9%8a%d8%a7%d8%aa/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Security Orchestration Automation and Response (SOAR) Market Is Likely to Experience a Tremendous Growth by 2029 here

News-ID: 2969177 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for SOAR

Independence Day Special: Soar with Unmatched Flight Discounts!
Hounslow, UK - July 2, 2025 - With Independence Day falling on a Friday this year, travel seekers in the US are seizing the rare chance for a true long weekend and traveling in droves. Traveljunction, a leading online flight and hotel booking service, is offering limited-time flight deals to meet a sharp uptick in demand ahead of July 4. From coastal fireworks to inland city festivals, the nation is gearing
SOAR Solutions Market Analysis 2024: Enhancing Security Automation
"The Business Research Company recently released a comprehensive report on the Global Security Orchestration, Automation And Response (SOAR) Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry. Ready to Dive into Something Exciting? Get
Emerging Trends of Security Orchestration Automation and Response (SOAR) Market| …
The global security orchestration automation and response (SOAR) market was valued at USD 930 million in 2021 and is expected to grow at a CAGR of 15.2% during the forecast period and is expected to reach USD 3.3 billion by 2030. 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.polarismarketresearch.com/industry-analysis/security-orchestration-automation-and-response-soar-market/request-for-sample 𝐓𝐨𝐩 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬: The market is anticipated to be competitive and fragmented due to the existence of numerous firms. Here are the top companies in the
Soar to Success with Online Exam Help US
Welcome to your one-stop solution! Having exam anxiety and needing help to cope with the challenges of online preparation? Don't worry. Online Exam Help US is your trusted partner regarding examination assistance. Their hard work and determination have become a ray of hope for many students. Academic life in the USA is one challenging phase. Online examinations are particularly crucial due to the widespread adoption of online education and the
Agrochemicals Market Estimated to Soar Higher by 2020
Agrochemicals are specialty chemical products used particularly in agriculture, horticulture and floriculture. It includes broad range of pesticides, synthetic fertilizers, hormones and other chemical growth agents. To access full report @ http://www.persistencemarketresearch.com/market-research/agrochemicals-market.asp There are mainly two basic market segment of agrochemicals namely, fertilizers and pesticides. Fertilizers are further segmented in four categories namely nitrogenious, potassic, phosphatic and others. Different segment of Pesticides includes insecticides, herbicides, bio-pesticides and others. Growth in demand for food
Ferrochromium Market Estimated to Soar Higher by 2022
Ferrochromium, also known as Ferrochrome, is an alloy of iron and chromium containing 50 to 70% of chromium. It is produced by electric arc melting of chromium ore and chromite. Ferrochromium is consumed extensively in the manufacturing of steel to achieve the qualities such as corrosion resistance, tensile strength, heat resistance and yield strength. The global ferrochromium market is anticipated to be in deficit to cater the increasing global steel