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Security Automation Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

10-09-2023 12:59 PM CET | IT, New Media & Software

Press release from: Orion Market Research

Security Automation Market is Anticipated to Increase at

Global security automation market is anticipated to grow at a CAGR of 12.8% during the forecast period (2023-2030). The increasing cases of cyber-attacks and data breaches globally are boosting the market. Cyber-attacks are increasing and more frequent across almost every industry, making it difficult for security teams to keep up manually. Hence, security automation can help industries to automate repetitive tasks and free up security teams to focus on more strategic and value-added activities which can help in improving security. For instance, in September 2023, ServiceNow announced comprehensive new automation solutions in the Now Platform Vancouver release. The new solutions enhance security and governance, simplify critical processes in healthcare and finance, and accelerate talent transformation through AI. As businesses across all industries face increased pressure to adapt to technological disruption and show immediate value from digital investments, they are turning to trusted partners to help them drive growth, reduce cost, and mitigate risk

Also, the lack of infrastructure and capital in small and midsized industries contributes to the increasing demand for third-party security services. Innovations include automated inherent risk questionnaires and out-of-the-box due-diligence workflows to drive greater response time and IT team productivity, as well as enhanced executive reporting for improved board-level visibility and organizational agility. Hence, companies are introducing affordable security services and increasing the prevalence of third-party service providers. For instance, in April 2023, Cisco unveiled the latest progress toward its vision of the Cisco Security Cloud, a unified, AI-driven, cross-domain security platform. Cisco's new XDR solution and the release of advanced features for Duo MFA will help organizations better protect the integrity of their entire IT ecosystem.

To Request a Sample of our Report on Security Automation Market: https://www.omrglobal.com/request-sample/security-automation-market

Market Coverage

• The market number available for - 2022-2030

• Base year- 2022

• Forecast period- 2023-2030

Segment Covered-

· By Deployment

· By Technology

· By End User

Regions Covered-

· North America

· Europe

· Asia-Pacific

· Rest of the World

Competitive Landscape - Google LLC, IBM Corp., Microsoft Corp., Exabeam, Inc., Fortinet, Inc., Splunk Inc., VMware, and others.

Security Automation Market Report Segment

By deployment:

• Cloud-based

• On-premises

By Technology:

• AI & ML

• Predictive Analytics

• RPA

• Other

By End-user:

• IT and Telecommunication

• BFSI

• Healthcare

• Manufacturing

• Government and Defense

• other (Retail, Education, Energy and Utilities, and Other)

A full Report of Security Automation Market is Available @ https://www.omrglobal.com/industry-reports/security-automation-market

Security Automation Market Report Segment 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

Company Profiles

• Anvilogic

• Check Point Software Technologies, Ltd.

• Cisco Systems, Inc.

• CrowdStrike

• Crowdstrike Crowdstrike

• Cyberark Software, Ltd.

• CyberArk Software, Ltd.

• Cyberbit, Ltd.

• Cyware Labs, Inc.

• D3 Security Management Systems, Inc.

• Devo Technology, Inc.

• Drata, Inc.

• Exabeam, Inc.

• Fortinet, Inc.

• Logrhythm, Inc.

• Palo Alto Networks, Inc.

• Red Hat, Inc.

• Secureworks, Inc.

• Splunk Inc.

• Sumo Logic, Inc.

• Swimlane, Inc.

• Tenable, Inc.

• Trellix, Inc.

• Tufin Software Technologies, Ltd.

• VMware, Inc.

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-automation-market

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. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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