Press release
Security Automation Market Valued at USD 38.09 Billion by 2034, Driven by a 13.9% CAGR
Security Automation Market
The global security automation market was estimated to be worth USD 10.40 billion in 2024. It is forecast to grow to USD 38.09 billion by 2034 with a CAGR of 13.9%, during the forecast period 2025-2034.
Market Introduction
Security automation is the procedure of automatically investigating, probing, and refining cyber threats with or without human mediation, utilizing a software solution designed clearly for this purpose. It's done by utilizing scripts, playbooks, and vulnerability management tools fuelled by machine learning (ML) and artificial intelligence (AI) to automate specific security functions.
With security automation, firms can inspect threats speedily, percolate through alerts to ward off false positives and negatives, and acquire sufficient context surrounding every case to commence refinement and incident response. It also offers more time and brainpower for cybersecurity experts to undertake more tactical, advanced services, such as deeper analysis.
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Key Growth Factors
Growing Adoption of Cloud Platforms: Cloud frameworks need ongoing observation, speedy threat discernment, and policy imposition across decentralized systems. Cloud security automation instruments offer the visibility and receptiveness required to handle these environments without compromising performance or agility. Cloud environments also function on an allocated accountability model, where cloud service providers secure the framework. Still, customers are responsible for data safeguarding, identity access management, and application-level security, propelling the security automation market forward.
Rising Remote and Digital Employments: Growing distant and digital employments generate susceptibilities that conventional security measures struggle to address effectively. To address this, firms are positioning automated security solutions that consistently observe user activity, investigate threats, and implement policies across distant endpoints without depending on physical inaccuracy. Additionally, distant and digital employment systems frequently cause association across cloud applications and file allocating platforms, increasing the possibility of fortuitous data leaks and immoral IT practices.
Security Automation Market Report Highlights
• In terms of technology, the AI & ML segment accounted for a major security automation market share in 2024 due to its ability to offer advanced capabilities such as real-time threat detection, anomaly identification, and automated response mechanisms.
• Based on industry vertical, the BFSI segment dominated the market share in 2024 owing to its critical need for real-time threat detection, stringent regulatory compliance mandates, and increasing volumes of sensitive customer data.
• North America dominated the global security automation market revenue share in 2024 due to a high concentration of technologically advanced enterprises, frequent cyberattacks, and a well-established regulatory framework.
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Competitive Landscape
The market has the presence of both established players and new entrants. Major companies are noted below:
• AWS
• Cisco Systems, Inc.
• CrowdStrike
• CyberArk Software Ltd.
• IBM Corporation
• Palo Alto Networks
• Red Hat, Inc.
• Secureworks, Inc.
• Splunk Inc.
• Swimlane Inc.
• Tufin
Geographical Segmentation
North America dominated the market share in 2024, owing to elevated concentration on technologically progressive undertakings, persistent cyber attacks, and an entrenched regulatory framework.
Asia Pacific is expected to grow at a robust pace during the forecast period due to speedy digital revolution across surfacing nations along with growing cyber risks and increasing regulatory pressure. Nations such as India, China, and Japan are observing elevated funding in progressive security automation technologies involving behavioural analytics.
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Security Automation Market Segmentation
By Offering Outlook
• Solutions
• Services
By Deployment Mode Outlook
• Cloud
• On-Premises
By Application Outlook
• Network Security
• Endpoint Security
• Incident Response Management
• Vulnerability Management
• Identity and Access Management
• Compliance and Policy Management
• Data Protection and Encryption
By Technology Outlook
• AI & ML
• Predictive Analytics
• Robotic Process Automation (RPA)
• User & Entity Behavior Analytics (UEBA)
• Others
By Industry Vertical Outlook
• BFSI
• Manufacturing
• Media & Entertainment
• Healthcare & Life Sciences
• Energy & Utilities
• Government & Defense
• Retail & E-commerce
• IT & ITES
• Others
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