Security Orchestration, Automation And Response (SOAR) Market Landscape 2025: Forecast Data and Growth Strategy Insights

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What Is the Expected CAGR for the Security Orchestration, Automation And Response (SOAR) Market Through 2025?
The market size for security orchestration, automation, and response (SOAR) has seen a quick acceleration lately. The market is anticipated to expand from $1.66 billion in 2024 to $1.88 billion in 2025, with a compound annual growth rate (CAGR) of 13.6%. This rising trend during the historical era can be linked to the escalating number and intricacy of cybersecurity incidents, the urgency for prompt incident management and resolution, incorporation with threat intelligence platforms, scarcity of cybersecurity expertise, and a focus on making security operations more efficient.

What's the Projected Size of the Global Security Orchestration, Automation And Response (SOAR) Market by 2029?
The market size for security orchestration, automation, and response (SOAR) is projected to experience a swift expansion in the coming years, reaching $3.78 billion in 2029 with a compound annual growth rate (CAGR) of 19.0%. The anticipated growth during the forecast period could be credited to the amplification of the abilities to detect and respond to threats, a rise in uptake by small and medium enterprises (SMEs), an increase in cloud-based soar solutions, and stress on cross-platform orchestration and automation. Key trends expected during the forecasted term entail proactive threat hunting and incident detection, the amalgamation of SOAR with security information and event management (SIEM), a spotlight on user and entity behavior analytics (UEBA) in soar, security task and workflow automation, along with consistent enhancement and optimization of SOAR processes.

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Top Growth Drivers in the Security Orchestration, Automation And Response (SOAR) Industry: What's Accelerating the Market?
The anticipated rise in cyberattacks is predicted to fuel expansion in the security orchestration, automation, and response market. Cyberattacks represent illicit activities carried out by hackers aiming to acquire unauthorized control over computers, computing systems, or computer networks to inflict damage on an organization. Security orchestration serves as a powerful tool in bolstering security operations and composes numerous cybersecurity tools to avert, identify, and mitigate cyberattacks. For instance, the Australia-based cyber security agency, the Australian Cyber Security Centre, reported in February 2023, that there were 76,000 cybercrime reports in 2022, marking a 13% increase from the previous year. Therefore, the rise in cyberattacks acts as a key driver in promoting growth in the security orchestration, automation, and response market.

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What Trends Will Shape the Security Orchestration, Automation And Response (SOAR) Market Through 2029 and Beyond?
Technological progression is a dominant trend rising in popularity in the fields of security orchestration, automation, and response. Prominent firms in this industry are focusing on innovating and implementing cutting-edge technologies to maintain their market stance. Take for an example, in January 2022, Revelstoke, an IT firm based in the US, rolled out an advanced SOAR solution designed to automate security operations centers. This SOAR platform accomplishes tasks such as automating analysis, eradicating the need for software development, enhancing workflows, averting vendor exclusivity, scaling processes, and swiftly identifying the root causes of incidents.

What Are the Main 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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Which Top Companies are Driving Growth in the Security Orchestration, Automation And Response (SOAR) Market?
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.

Which Regions Will Dominate the Security Orchestration, Automation And Response (SOAR) Market Through 2029?
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

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