Security Orchestration, Automation and Response (SOAR) Market: Exploring Market Size, Growth Rate, Drivers and Trends

Taking cyber security to the next level with growth in the Security Orchestration, Automation, and Response (SOAR) market anticipated to reach a CAGR of 19.0% by 2029.

What Is The Projected Market Size Of The Global Security Orchestration, Automation And Response (SOAR) Market And Its Growth Rate?

• The SOAR market size has seen a swift rise over the recent years, expanding from $1.66 billion in 2024 to $1.88 billion in 2025 with a CAGR of 13.6%.
• The growth in the historic period can be linked to the growing volume and complexity of cybersecurity incidents, a push for rapid incident response, integration with threat intelligence platforms and a shortage of cybersecurity talent.
• The projected size of the SOAR market is anticipated to reach $3.78 billion in 2029, growing at a CAGR of 19.0%.
• Market expansion in the forecast period is expected due to an increased focus on threat detection and response capabilities, growth in SME adoptions, and development in cloud-based SOAR solutions.

What Is Driving The Growth In The Security Orchestration, Automation And Response (SOAR) Market?
The increase in cyberattacks and the push to secure enterprises against these threats are significant drivers for the SOAR market growth. Cyberattacks aims to gain unauthorized access to computing systems. Rising occurrences of these incidents have led to a greater demand for more effective security operations provided through SOAR. An example of this burgeoning need is highlighted by the Australian Cyber Security Centre's report in 2022 that noted a 13% increase in reported cybercrimes from the previous year.

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Who Are the Key Players Driving Security Orchestration, Automation And Response (SOAR) Market Growth?
Key players in the security orchestration, automation and response (SOAR) market include:
• IBM Corporation
• Cisco Systems Inc.
• FireEye Inc.
• Palo Alto Networks Inc
• Swimlane LLC
• Rapid7
• LogRhythm Inc.
• Splunk Inc.
• DFLabs S.p.A

What Are The Key Trends In The Security Orchestration, Automation And Response (SOAR) Market?
Key market trends encompass:
• Threat hunting and proactive incident detection
• Integration of SOAR with security information and event management (SIEM)
• Emphasis on user and entity behavior analytics (UEBA) in SOAR
• Automation of routine security tasks and workflows
• Continuous improvement and optimization of SOAR processes

What Are The Segments Of The Global Security Orchestration, Automation And Response (SOAR) Market?
The Security Orchestration, Automation and Response (SOAR) market is segmented by:
1) Component: Solution, Services
2) Deployment Mode: Cloud, On-Premises
3) Organization Size: Small And Medium Enterprises, Large Enterprises
4) Application: Threat Intelligence, Network Forensics, Incident Management, Compliance Management, Workflow Management

Which Region Leads The Security Orchestration, Automation And Response (SOAR) Market?
North America held the largest share in the SOAR market in 2024, while Asia-Pacific is forecasted to be the fastest-growing region. The report covers other key regions such as Western Europe, Eastern Europe, South America, Middle East, and Africa.

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What Is Covered In The Security Orchestration, Automation And Response (SOAR) Market Global Market Report?

- Market Size Analysis: Analyze the Security Orchestration, Automation And Response (SOAR) Market size by key regions, countries, product types, and applications.

- Market Segmentation Analysis: Identify various subsegments within the Security Orchestration, Automation And Response (SOAR) Market for effective categorization.

- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.

- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.

- Market Contribution: Evaluate contributions of different segments to the overall Security Orchestration, Automation And Response (SOAR) Market growth.

- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.

- Industry Challenges: Analyze challenges and risks affecting the Security Orchestration, Automation And Response (SOAR) Market.

- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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