Global Security Orchestration Market Size By Organization Size, By Component, By Application, By Deployment Model, By Vertical, By Geographic Scope And Forecast

Security Orchestration Market Size And Forecast

_x000D_

Security Orchestration Market size was valued at USD 1.45 Billion in 2020 and is projected to reach USD 4.63 Billion by 2028, growing at a CAGR of 15.60% from 2021 to 2028.

_x000D_

The Factors such as an increase in security breaches in security due to the rising implementation of the Bring Your Own Device system in medium or small businesses as well as the rising intricacies in the network infrastructure are driving the market for security orchestration. The Global Security Orchestration Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

_x000D_

>>> Get | download sample – Please Email- avni@agninews.co.in Report @ – https://www.marketresearch.com/download-sample/?rid=2767

_x000D_

_x000D_

To Get Detailed Analysis: Please E-mail – ( avni@agninews.co.in) For FREE SAMPLE REPORT and mention Report Name

_x000D_
_x000D_

Global Security Orchestration Market Definition

_x000D_

Security orchestration is a technique of linking tools used for security as well as incorporating dissimilar security systems in order to develop a system that encompasses more features. The connected layer modernizes the security methods while the security orchestration system itself is then is able to use its platform to combine tools, methods, and systems in order to be able to maximize the efficiency of the tools at hand. Security orchestration is able to improve the overall efficiency as well as the intelligence of the security tools while simultaneously being able to lower the intricacy of the management of these systems.

_x000D_

>>> Ask For Discount @ – https://www.marketresearch.com/Please Email- avni@agninews.co.in/?rid=2767

_x000D_

Global Security Orchestration Market Overview

_x000D_

Factors such as the increase in security breaches in security due to the rising implementation of the Bring Your Own Device system in medium or small businesses as well as the rising intricacies in the network infrastructure are driving the market for security orchestration. Additionally, security orchestration allows organizations to automatically detect & respond to security operations from a single console and the technologies & tools provided by this platform helps to protect data, computers, programs, & networks from security breaches, cyber-attacks, unauthorized access, or damages. This is expected to fuel the market over the predicted years.

_x000D_

There are certain restraints and challenges faced which can hinder the market growth. Factors such as the lack of knowledge when it comes to security orchestration as well as cyber threats and poor control over cybersecurity are restraining the market for security orchestration.

_x000D_

Global Security Orchestration Market: Segmentation Analysis

_x000D_

The Global Security Orchestration Market is segmented on the basis of Organization Size, Component, Application, Deployment Model, Vertical, And Geography.

_x000D_

_x000D_
Security Orchestration Market, By Organization Size

_x000D_

• Large Companies
_x000D_
• Small and Medium Businesses

_x000D_

Based on Organization Size, the market is bifurcated into Large Companies and Small and Medium Businesses. Small and Medium Businesses will dominate the market due to the growing adoption of security orchestration by the enterprises owing to the ability of this system to respond to malicious activities effectively.

_x000D_

Security Orchestration Market, By Component

_x000D_

• Solution
_x000D_
• Service

_x000D_

Based on Component, the market is bifurcated into Solution and Service. The service component is predicted to hold the most significant CAGR in the forecasted period due to the growing market for services while the solution component is expected to have the largest market share as organizations are investing more to secure confidential applications & data from future attacks.

_x000D_

Security Orchestration Market, By Application

_x000D_

• Compliance management
_x000D_
• Threat intelligence
_x000D_
• Ticketing solutions
_x000D_
• Network forensics
_x000D_
• Others

_x000D_

Based on Application, the market is bifurcated into Compliance management, Threat intelligence, Ticketing solutions, Network forensics, and others. Network forensics is predicted to hold the most significant CAGR in the forecasted period due to the growing network forensics market and adoption of network forensics solutions by the companies to monitor & manage computer network traffic. Threat intelligence will have the largest share as vulnerabilities have become more sophisticated & complex thereby raising the demand for security orchestration solutions having threat intelligence capabilities.

_x000D_

Security Orchestration Market, By Deployment Model

_x000D_

• Cloud-based
_x000D_
• On-premise

_x000D_

Based on the Deployment Model, the market is bifurcated into Cloud-based and On-premise. The cloud-based deployment model will hold the largest market share due to a growing need to defend against advanced cyber-attacks.

_x000D_

Security Orchestration Market, By Vertical

_x000D_

• Government
_x000D_
• IT and Telecom
_x000D_
• Banking, Financial Services and Insurance  (BFSI)
_x000D_
• Others

_x000D_

Based on Vertical, the market is bifurcated into Government, IT and Telecom, Banking, Financial Services, & Insurance (BFSI), and Others. Banking, Financial Services, & Insurance (BFSI) are anticipated to have the highest CAGR in the forecasted period as it requires an end to end security solutions to optimize operations against external internal threats as this sector continuously upgrades its transaction and processing technologies.

_x000D_

Security Orchestration Market, By Geography

_x000D_

• North America
_x000D_
• Europe
_x000D_
• Asia Pacific
_x000D_
• Rest of the World

_x000D_

Based on regional analysis, the Global Security Orchestration Market is classified into North America, Europe, Asia Pacific, and Rest of the world. The largest revenue in the market will be contributed by North America followed by Europe due to the availability of cost-effective cloud-based security orchestration solutions and rising instances of sophisticated cyber-attacks in these regions. Asia-Pacific is predicted to have the highest CAGR industries in the region are growing rapidly thus making infrastructure more complex which in turn will generate protection against vulnerabilities.

_x000D_

Key Players

_x000D_

The “Global Security Orchestration Market” study report will provide valuable insight with an emphasis on the global market including some of the major players are Cisco Systems, Inc., Cybersponse, Inc., Intel Security, Swimlane LLC, IBM Corporation, Phantom Cyber Corporation, Huawei Technologies Co. Ltd., Hexadite, Tufin, Fireeye, Inc.

_x000D_

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

_x000D_

Key Developments

_x000D_

_x000D_

Partnerships, Collaborations and Agreements

_x000D_

• On August 2021, BAE Systems has signed a strategic business agreement with Intel to develop next-generation defense applications based on Intel’s most advanced technology. The agreement will enable BAE Systems’ FAST Labs research and development organization to receive early access to select Intel technologies.

_x000D_

• On June 2021, FireEye Inc., has entered into a definitive agreement to sell the FireEye Products business, including the FireEye name, to a consortium led by Symphony Technology Group (STG) in an all-cash transaction for $1.2 billion, before taxes and transaction-related expenses.

_x000D_

Mergers and Acquisitions

_x000D_

• On December 2019, Fortinet announced the acquisition of CyberSponse, Inc., a leading provider of Security Orchestration, Automation & Response. SOAR tools significantly enhance security operations activities like threat detection and response by providing machine-powered assistance to human analysts to improve the efficiency and consistency of people and processes.

_x000D_

Product Launches and Product Expansions

_x000D_

• On March 2019, RSA unveiled the newest version of its market-leading SIEM, RSA NetWitness Platform, which features machine learning models based on profound endpoint observations to rapidly detect anomalies in user’s behavior to uncover evolving threats. This announcement furthers RSA’s strategy to help customers take a unified, phased approach in managing digital risk, an ever-increasing challenge faced by organizations with ambitious digital transformation initiatives.

_x000D_

• On April 2019, Swimlane announced its launch of the Channel Program and Technical Alliances Program. The SOAR solution is also available on Linux with support for Docker and Kubernetes, allowing for an improved DevSecOps approach to cybersecurity.

_x000D_

Report Scope

_x000D_

_x000D_

Top Trending Reports

_x000D_

Global Mobile Satellite Services Market Size And Forecast

_x000D_

Global BFSI Security Market Size And Forecast

_x000D_

Research Methodology of Market Research

_x000D_

_x000D_
To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team.

_x000D_

Reasons to Purchase this Report:

_x000D_

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
_x000D_
• Provision of market value (USD Billion) data for each segment and sub-segment
_x000D_
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
_x000D_
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
_x000D_
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
_x000D_
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
_x000D_
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
_x000D_
• Includes an in-depth analysis of the market from various perspectives through Porter’s five forces analysis
_x000D_
• Provides insight into the market through Value Chain
_x000D_
• Market dynamics scenario, along with growth opportunities of the market in the years to come
_x000D_
• 6-month post-sales analyst support

_x000D_

Customization of the Report

_x000D_

• In case of any Queries or Customization Requirements please connect with our sales team, who will ensure that your requirements are met.

_x000D_