Security Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Security Automation Market Report: Trends, Forecast and Competitive Analysis to 2030

Security Automation Trends and Forecast

The future of the global security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets. The global security automation market is expected to reach an estimated $20.5 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time, and growing incidents of phishing emails and ransomware.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Security Automation by Segment

The study includes a forecast for the global security automation by offering, code type, technology, end use, and region.

Security Automation Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Solution
• Services

Security Automation Market by Code Type [Shipment Analysis by Value from 2018 to 2030]:

• Low-Code
• No-Code
• Full-Code

Security Automation Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• AI & ML
• Predictive Analytics
• RPA
• UEBA
• Others

Security Automation Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• BFSI
• Manufacturing
• Media & Entertainment
• Healthcare & Life Sciences
• Energy & Utilities
• Government & Defense
• Retail & Ecommerce
• Others

Security Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Security Automation Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies security automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the security automation companies profiled in this report include-

• Palo Alto Networks
• Splunk
• CyberArk
• Check Point
• CrowdStrike

Security Automation Market Insights

Lucintel forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.

Within this market, predictive analytic is expected to witness the highest growth because it helps in recognizing patterns and anomalies in extensive datasets, while enabling security teams to proactively anticipate potential breaches and vulnerabilities.

North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.

Features of the Global Security Automation Market

Market Size Estimates: Security automation market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Security automation market size by various segments, such as by offering, code type, technology, end use, and region in terms of value ($B).

Regional Analysis: Security automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offerings, code types, technologies, end uses, and regions for the security automation market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the security automation market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the security automation market size?

Answer: The global security automation market is expected to reach an estimated $20.5 billion by 2030.

Q2. What is the growth forecast for security automation market?

Answer: The global security automation market is expected to grow with a CAGR of 12.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the security automation market?

Answer: The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time and growing incidents of phishing emails and ransomware.

Q4. What are the major segments for security automation market?

Answer: The future of the security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets.

Q5. Who are the key security automation market companies?

Answer: Some of the key security automation companies are as follows:

• Palo Alto Networks
• Splunk
• CyberArk
• Check Point
• CrowdStrike

Q6. Which security automation market segment will be the largest in future?

Answer: Lucintel forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.

Q7. In security automation market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the security automation market by offering (solution and services), code type (low-code, no-code, and full-code), technology (AI & ML, predictive analytics, RPA, UEBA, and others), end use (BFSI, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, government & defense, retail & ecommerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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