Surge In Phishing Attacks And Security Breaches Fuels Growth In The Security Automation Market: Key Factor Driving The Growth In The Security Automation Market

The Security Automation 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 Expected Security Automation Market Size During the Forecast Period?
The market size for security automation has experienced swift growth in recent times. It is expected to expand from a value of $10.81 billion in 2024 to reach $12.3 billion in 2025, displaying a compound annual growth rate (CAGR) of 13.8%. The previous growth can be credited to a surge in cyber threats, the emergence of advanced persistent threats (APTs), escalating complexities in IT environments, increased demand for endpoint security, and enhanced incident response optimization.

The market size for security automation is anticipated to witness significant expansion in the coming years, expanding to a staggering $20.71 billion in 2029 with a compound annual growth rate (CAGR) of 13.9%. A variety of factors are expected to contribute to this growth during the forecast period, including integrated risk management automation, worldwide threat intelligence sharing, automated compliance for privacy and data protection, and IoT security automation. Noteworthy trends expected during this projected period encompass the integration of AI and machine learning, implementation of zero trust architecture, increased usage of SOAR platforms, IoT security automation, and synergy between human and machine.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14488

What Are the High-Growth Segments in the Security Automation Market?
The security automation market covered in this report is segmented -

1) By Type: Solution, Services
2) By Technology: Artificial Intelligence And Machine Learning, Predictive Analytics, Robotic Process Automation, User And Entity Behavior Analytics, Other Technologies
3) By Application: Network Security, Endpoint Security, Incident Response Management, Vulnerability Management, Identity And Access Management, Compliance And Policy Management, Data Protection And Encryption
4) By Vertical: Banking Financial Services And Insurance, Manufacturing, Media And Entertainment, Healthcare And Life Sciences, Energy And Utilities, Government And Defense, Retail And Ecommerce, Other Verticals

Subsegments:
1) By Solution: Physical Security Information Management (PSIM), Access Control Systems, Video Surveillance Systems, Intrusion Detection Systems, Incident Response and Management Systems, Threat Intelligence Solutions, Security Monitoring Systems
2) By Services: Consulting Services, Installation and Integration Services, Managed Security Services, Training and Support Services, Maintenance and Upgrades

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14488&type=smp

What Key Drivers Are Expected to Influence Future Security Automation Market Growth?
The escalation in phishing attacks and cases of security breach is anticipated to stimulate the expansion of the security automation market. Phishing attacks, a common form of social engineering assaults, are designed to gather personal user data like login details and credit card information. Security breaches involving sensitive data exposure to a risky external environment typically occur for commercial advantage or due to inadvertent errors. The motivations behind phishing attacks and security breaches range from financial gain and data theft to identity theft, espionage, system interruption, or the random exploitation of susceptibility. Security automation improves the ability to identify and respond to phishing attacks and successfully manage security breaches. For example, the Identity Theft Resource Center, a non-profit organization in the US, reported in July 2024 that there were 1,041,312,601 victims of data breach in Q2 2024. That number represents an astonishing increase of 1,170 percent compared to the 81,958,874 victims reported in Q2 2023. Additionally, according to the UK-based independent regulatory office, the Information Commissioner's Office, phishing accounted for the most victims in 2022, with a total of 300,497 reported cases. Hence, the surge in phishing attacks and security breach incidences are the primary drivers of the security automation market's growth.

Which Companies Hold the Largest Share Across Different Security Automation Market Segments?
Major companies operating in the security automation market are Google LLC, Microsoft Corporation, International Business Machines Corporation, Cisco Systems Inc., VMware Inc., Palo Alto Networks Inc., Fortinet Inc., Splunk Inc., Akamai Technologies Inc., Crowdstrike Holdings Inc., McAfee LLC, Check Point Software Technologies Ltd., Secureworks Inc., Darktrace PLC, Sumo Logic Inc., Devo Technology Inc., Symphony Technology Group, SentinelOne Inc., Tenable Inc., Exambeam Inc., LogRhythm Inc., ManageEngine, Swimlane LLC, Anvilogic Inc., Torq Labs Inc., Vanta Inc.

What Are the Latest Developing Trends in the Security Automation Market?
Leading firms in the security automation market are intensifying their efforts towards creating advanced solutions such as the security automation ecosystem for operational technology (OT) in order to gain a market advantage. A security automation ecosystem comprises an intertwined network of tools, technologies, and strategies that collaboratively automate an array of cybersecurity tasks. For instance, Swimlane, a security automation firm from the United States, rolled out the security automation ecosystem for OT in November 2022. The firm's objective is to bolster security operations within OT scopes by offering solutions that integrate security automation with OT and IoT security, cyber-physical threat response, and overseen threat detection services.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/security-automation-global-market-report

What Are the Emerging Geographies for The Security Automation Market Growth?
North America was the largest region in the security automation market in 2024. The regions covered in the security automation 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 Automation Market?
2. What is the CAGR expected in the Security Automation Market?
3. What Are the Key Innovations Transforming the Security Automation Industry?
4. Which Region Is Leading the Security Automation Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.