Security Orchestration Automation Response Market 2024-2028
The security orchestration automation response market is forecasted to grow by USD 1973.3 mn during 2023-2028, accelerating at a CAGR of 20% during the forecast period. The report on the security orchestration automation response market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising frequency and sophistication of cyberattacks, stringent data protection regulations, and growing adoption of cloud computing.
Technavio's security orchestration automation response market is segmented as below:
- By Deployment
- Cloud
- On-premises
- By Application
- Network forensics
- Threat intelligence
- Incident management
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the adoption of hybrid model as one of the prime reasons driving the security orchestration automation response market growth during the next few years. Also, dearth of skilled cybersecurity personnel and adoption of AI ML in security orchestration automation response solutions will lead to sizable demand in the market.
The report on the security orchestration automation response market covers the following areas:
- Security orchestration automation response market sizing
- Security orchestration automation response market forecast
- Security orchestration automation response market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading security orchestration automation response market vendors that include Alphabet Inc., Cisco Systems Inc., Cyware Labs Inc., Exabeam Inc., Fortinet Inc., Innotim Yazilim LLC, International Business Machines Corp., LogRhythm Inc., Musarubra US LLC, Palo Alto Networks Inc., Qi Anxin Technology Group Co. Ltd., Rapid7 Inc., Resolve Systems LLC, SIRP Labs Ltd., Splunk Inc., Sumo Logic Inc., Swimlane Inc., ThreatConnect Inc., Tufin, and Zoho Corp. Pvt. Ltd.. Also, the security orchestration automation response market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.