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Global Security Orchestration, Automation And Response (SOAR) Market Outlook 2025-2034: Trends, Innovations, And Future Outlook
The Security Orchestration, Automation And Response (SOAR) Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Security Orchestration, Automation And Response (SOAR) Market Size and Projected Growth Rate?
The SOAR (Security Orchestration, Automation and Response) market has experienced swift growth in the past few years. It's projected to rise from $1.66 billion in 2024 to an astonishing $1.88 billion in 2025 with a compound annual growth rate (CAGR) of 13.6%. The notable growth during the historic period is due to an increase in the complexity and number of cybersecurity incidents, the demand for swift incident response and resolution, integration with threat intelligence platforms, a lack of skilled cybersecurity professionals, and a focus on streamlining security operations.
The forecast for the security orchestration, automation and response (SOAR) market size suggests a swift expansion in the coming years. The market is predicted to reach $3.78 billion by 2029, with a compound annual growth rate (CAGR) of 19.0%. This surge in the forecast period can be associated with the broadening of threat detection and response capabilities, heightened uptake by small and medium businesses (SMBs), growth of cloud-oriented SOAR solutions, and a focus on cross-platform orchestration and automation. Key trends within the projected timeframe encompass proactive measures like threat hunting and incident detection, integration of SOAR with security information and event management (SIEM), emphasis on user and entity behavior analytics (UEBA) within SOAR, automation of standard security tasks and workflows, and the ongoing enhancement and optimization of SOAR processes.
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What Are the Major Segments in the Security Orchestration, Automation And Response (SOAR) Market?
The security orchestration, automation and response (SOAR) market covered in this report is segmented -
1) By Component: Solution, Services
2) By Deployment Mode: Cloud, On Premises
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Threat Intelligence, Network Forensics, Incident Management, Compliance Management, Workflow Management, Other Applications
Subsegments:
1) By Solution: Security Orchestration Platforms, Automation Tools, Incident Response Solutions, Threat Intelligence Integration, Case Management Systems
2) By Services: Managed SOAR Services, Consulting And Implementation Services, Training And Support Services, Incident Response Planning And Execution
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What Are The Driving Security Orchestration, Automation And Response (SOAR) Market Evolution?
The escalation in cyberattack incidents is anticipated to boost the expansion of the security orchestration, automation, and response market in the future. Cyberattacks consist of unauthorized breaches into a computer, computing system, or computer network conducted by hackers with the aim to inflict organizational damage. Security orchestration plays a crucial role in advancing the effectiveness of security operations. It comprises numerous cybersecurity tools designed to avert, identify, and correct cyberattacks. For example, the Australian Cyber Security Centre, a cybersecurity firm based in Australia, reported in February 2023 that cybercrime reports in 2022 experienced a surge of 13% from the prior year, reaching 76,000. Consequently, the upsurge in cyberattacks is stimulating the growth of the security orchestration, automation, and response market.
Which Firms Dominate The Security Orchestration, Automation And Response (SOAR) Market Segments?
Major companies operating 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, Cyberbit, ThreatConnect, CyberSponse Inc., D3 Security Inc., Resolve Systems LLC., Exabeam Inc., Tufin, Musarubra US LLC., Ayehu Inc., Anomali ThreatStream Inc., Fortinet Inc., Stellar Cyber Inc., Uptycs Inc., Zscaler Inc., BigPanda Inc., Demisto Inc., Niara Inc., LogicHub Inc., Lumu Technologies Inc.
What Trends Are Expected to Dominate the Security Orchestration, Automation And Response (SOAR) Market in the Next 5 Years?
Emerging technological advancements are becoming increasingly popular trends in the security orchestration, automation, and response markets. Many significant companies active in this sector are prioritizing the introduction of new technologies to maintain their stance. For example, in January 2022, Revelstoke, an IT firm from the US, unveiled a new-generation SOAR solution focused on automating security operations centers. This cutting-edge SOAR platform streamlines analysis, eradicates the need for software development, enhances workflows, avoids vendor lock-in, scales operations, and quickly identifies the core of incidents.
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Which Is The Largest Region In The Security Orchestration, Automation And Response (SOAR) Market?
North America was the largest region in the security orchestration, automation and response (SOAR) 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 (SOAR) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Security Orchestration, Automation And Response (SOAR) Market?
2. What is the CAGR expected in the Security Orchestration, Automation And Response (SOAR) Market?
3. What Are the Key Innovations Transforming the Security Orchestration, Automation And Response (SOAR) Industry?
4. Which Region Is Leading the Security Orchestration, Automation And Response (SOAR) Market?
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