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Top Factor Driving Security Orchestration, Automation And Response Market Growth in 2025: Increasing Cybersecurity Threats Driving Growth In The Security Orchestration, Automation, And Response Market
Security Orchestration Automation And Response Market
A surge in cybersecurity threats is likely to fuel the expansion of the security orchestration, automation, and response marketplace in the near future. Cybersecurity threats encompass malicious actions or occurrences that jeopardize the privacy, security, or accessibility of information systems, networks, and data. These threats gain prominence due to the rapidly changing threat landscape, an increasing reliance on digital infrastructure, and an absence of awareness and education about cybersecurity. Security orchestration, automation, and response (SOAR) is employed in the realm of cybersecurity to boost the proficiency, efficacy, and pace of incident response mechanisms, enhancing their comprehensive security stance and robustness against cyber threats. For example, as reported by the Australian Cyber Security Centre, a cybersecurity agency based in Australia, the number of cybercrime reports in 2022 stood at 76,000, marking an increase of 13% compared to the previous year. Hence, the escalating cybersecurity threats are contributing to the growth of the security orchestration, automation, and response market.
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What is the projected compound annual growth rate (CAGR) of the security orchestration, automation and response market from 2025 to 2034, and what factors influence it?
The market size for security orchestration, automation and response has seen substantial growth recently, with predictions showing that it will expand from $1.69 billion in 2024 to $1.94 billion in 2025. This represents a compound annual growth rate (CAGR) of 14.8%. Factors contributing to this growth during the historical period include a rise in the volume and complexity of cybersecurity threats, a scarcity of trained security professionals, intricate security environments, enforcement, and regulatory demands. Additionally, the need for swift response to incidents and continuous development and adaptation are also key contributors.
The market size of security orchestration, automation, and response is anticipated to see a substantial rise in the upcoming years. With a Compound Annual Growth Rate (CAGR) of 14.9%, it is projected to reach $3.39 billion by 2029. Factors leading to growth in the prediction period include the integration of AI and machine learning, the implementation of the zero trust security model, orchestration of cloud security, the management of IoT security, and the sharing of threat intelligence. The forecast period is going to witness trends like improved integration of AI and machine learning, the growth of cloud-native orchestration and automation, and emphasis on zero trust security guidelines.
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How are the latest trends influencing the growth of the security orchestration, automation and response market?
Leading businesses involved in the security orchestration, automation, and response (SOAR) sector are focusing on the development of novel technologies like ThreatAdvisor 3.0, in order to tackle the rising frequency and intensity of security threats and incidents. The intention is to elevate the speed, efficiency, and precision of their Security Operations Center (SOC) through the implementation of SOAR technology. For instance, in November 2023, DirectDefense, an American firm specializing in information security and managed services, launched their unique SOAR platform, ThreatAdvisor 3.0. This advanced solution optimizes the SOC by constantly monitoring and managing security threats, automating repetitive tasks, and utilizing a comprehensive knowledge base for issues related to compliance, security events, and mitigation strategies. Furthermore, it provides a client-centric dashboard to give a comprehensive overview of a company's security status, and it can also be integrated with other systems to offer a unified platform for managing threats.
What are the major segments of the security orchestration, automation and response market and their role in driving growth?
The security orchestration, automation and response market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment: On-Premise, Cloud
3) By Application: Threat Intelligence, Network Forensics, Incident Response, Compliance, Other Applications
4) By Vertical: Banking Financial Services And Insurance (BFSI), Information Technology (IT) And Telecommunications, Retail And E-commerce, Healthcare, Manufacturing, Government, Education, Other Verticals
Subsegments:
1) By Solution: Threat Intelligence Integration, Security Incident Response, Automation and Orchestration, Case Management, Real-time Dashboards and Reporting, Workflow Automation
2) By Services: Consulting Services, Integration Services, Managed Services, Training and Support Services
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North America was the largest region in the security orchestration, automation, and response market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the security orchestration, automation and response market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the security orchestration, automation and response market?
Major companies operating in the security orchestration, automation and response market are The International Business Machines Corporation, ServiceNow Inc., Palo Alto Networks (Demisto), Splunk, McAfee LLC, Fortinet Inc., Rapid7 Inc., Check Point Software Technologies Ltd., Qualys Inc., Tanium, Forescout Technologies Inc., SentinelOne Inc., Recorded Future inc., LogRhythm Inc., Securonix Inc., Exabeam Inc., Anomali ThreatStream Inc., Tines, SafeBreach Inc., Resolve Systems Inc., ThreatConnect Inc., Thycotic Centrify Corporation, Gurucul solutions private Ltd., Syncurity IR Flow Vorporation, Siemplify
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What Is Covered In The Security Orchestration, Automation And Response Global Market Report?
•Market Size Forecast: Examine the security orchestration, automation and response market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the security orchestration, automation and response market for a structured understanding.
•Key Players Overview: Analyze major players in the security orchestration, automation and response market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the security orchestration, automation and response market.
•Segment Contributions: Evaluate how different segments drive overall growth in the security orchestration, automation and response market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the security orchestration, automation and response market.
•Industry Challenges: Identify potential risks and obstacles affecting the security orchestration, automation and response market.
•Competitive Landscape: Review strategic developments in the security orchestration, automation and response market, including expansions, agreements, and new product launches.
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