The security orchestration automation and response (SOAR) market is anticipated to have a steady CAGR of 10.9% during the period 2022 to 2032. The security orchestration automation and response market share is predicted to grow from USD 1.3 Billion in 2022 to USD 3.8 Billion in 2032. Previously, the demand for security orchestration automation and the response was thriving at a higher CAGR of 12.9% (2016 to 2021), resulting in a market size of USD 1.2 Billion in 2021.
Many businesses around the world are putting up their best efforts to learn more about security orchestration automation and response technologies and their possibilities in the future.
The dynamics of security orchestration are centered on the cloud, and they are increasingly expanding beyond data collection and retention to include analysis of large volumes of cloud and IT application data in order to gauge sophisticated responses to threats that are detected. This has increased the adoption of security orchestration automation and response on a global level.
| Attributes | Details |
|---|---|
| SOAR Market CAGR (2022 to 2032) | 10.9% |
| SOAR Market Size (2022) | USD 1.3 Billion |
| SOAR Market Size (2032) | USD 3.8 Billion |
The global security orchestration automation and response market are seeing a lot of demand for emerging new technologies like IT, OT, cloud, and blockchain.
The rising quantity of security threats, their sophistication, the increasing complexity of the business environment, and the skills shortage are all contributing to the global security orchestration automation and response market. There are firms that are prioritizing safety and security while also enhancing communication in order to shape the future of security orchestration automation and response to market trends.
Organizations are attempting to figure out ways to send data in real time. Therefore the global market is likely to increase significantly. As technology advances, the security measures required to protect data are expected to evolve as well. This serves as a fundamental driver for the security orchestration automation and response market.
The shortage of security personnel in the security orchestration automation and response market is now holding the sector back. Few people are equipped to deal with technology. There is a lack of acceptance, which would entail businesses investing heavily in the digitalization of security orchestration.
The global demand for security orchestration automation and response is benefiting immensely from digitalization, but it is also posing a difficulty because training trained employees are expected to be costly. As technology and digitalization advance, vulnerabilities are likely to grow, and the sales of security orchestration automation and response are projected to expand as well.
A major security orchestration automation and response market trend is the integration of security orchestration automation and response solutions with cyber platforms, which allows security analysts to acquire additional contextual information in the event of an incident prioritization in order to establish an attack path toward a vital asset.
Other significant reasons driving the security orchestration automation and response market size are the requirement to manage cyber risks and increase detection and response efforts across verticals.
In addition, the adoption of increasingly intelligent devices adds to security orchestration automation and response market growth by addressing bandwidth and latency challenges as well as enterprise maturation. Conversely, a lack of awareness of SOAR is a major impediment to the security orchestration automation and response market's growth.
Nonetheless, the market is expected to be supported over the evaluation period by expanding cloud use, business IoT professionals, and the most trustworthy IoT network and security orchestration automation and response market future trends would be adopted successfully.
As per security orchestration automation and response market analysis, during the projection period, the services segment is expected to develop at a faster CAGR than the solutions segment. The security orchestration automation and response platform enable diverse solutions to work together and automate tasks across products via workflows while yet allowing for human interaction.
To manage security warnings and prevent further assaults, these systems are implemented in public and private businesses. This has opened new security orchestration automation and response market opportunities and led to rapid growth.
Organizations are embracing security services to manage mounting risks in a constantly shifting threat landscape as cyberattack vectors get more sophisticated. Professional and managed security services are the two main categories of security services available.
In terms of global security orchestration automation and response market segmentation, the services segment is projected to develop faster than any other in the coming years, based on components. The threat analysis sector is predicted to lead the worldwide demand for security orchestration automation and response in terms of application.
The cloud segment of the security orchestration automation and response market is expected to account for a greater market share than the on-premises segment by deployment.
Organizations are using cloud security solutions like security orchestration automation and response to see threats in a centralized manner and make joint efforts to remediate assaults as the entire ecosystem migrates to the cloud from on-premises conventional approaches. Security personnel is in short supply in many organizations.
Cloud systems can automate the entire process, freeing security analysts from monitoring duties and allowing them to focus on more essential concerns. This has increased the adoption of security orchestration automation and response significantly.
Security vendors managed security service providers, and other vendors who offer security orchestration automation and response platforms or solutions deliver additional services, such as support and consultancy, through cloud platforms.
| Regions | CAGR (2022 to 2032) |
|---|---|
| United States | 10.7% |
| United Kingdom | 9.8% |
| China | 10.2% |
| Japan | 9.2% |
| South Korea | 8.6% |
The security orchestration automation and response market is dominated by North America. The region is seeing significant Research and Development expenditures in security orchestration and automation technology. The presence of a number of SOAR providers and cutting-edge development centers in the region also contributes to the rising demand for security orchestration automation and response.
The USA dominates the regional security orchestration automation and response market share due to its high digitalization, which allows it to support massive volumes of essential data that require SOAR systems.
Security orchestration automation and response market size are increasing in the Asia Pacific area. Key growth factors for the rise in the adoption of security orchestration automation and response include the increased adoption of SOAR for security response incidents, security orchestration, and automated threat intelligence. Furthermore, the region's security orchestration automation and response market share are increasing as 5G technology, and AI/ML acceleration is used.
Various strategic methods, including collaboration, expansion, mergers and acquisitions, and sophisticated technology integration, would be seen in the security orchestration automation and response market. Major businesses in the market make strategic investments in research and development as well as their expansion ambitions.
The key players are leveraging the opportunities in the security orchestration automation and response market to create more impact and improve demand.
Some of the recent developments in the Security Orchestration Automation and Response (SOAR) market are:
XM Cyber, a pioneer in Attack-Centric Exposure Prioritization, announced a new integration with Palo Alto Network's Cortex XSOAR security orchestration automation and response (SOAR) technology on May 04, 2021. The new integration enables risk-free attack simulation in the Cortex XSOAR Marketplace with a single click.
In another case, Securonix, Inc., a leader in Next-Gen SIEM, announced on May 3, 2021, that its next-gen SIEM platform had won the Best SIEM Solution award. For cloud-first SIEM serving hybrid and multi-cloud businesses, the company was named a Trust Award Winner.
Table 1: Global Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 2: Global Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 3: Global Market Value (US$ Million), By Component, 2015 to 2021
Table 4: Global Market Value (US$ Million), By Component, 2022 to 2032
Table 5: Global Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 6: Global Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 7: Global Market Value (US$ Million), By Vertical, 2015 to 2021
Table 8: Global Market Value (US$ Million), By Vertical, 2022 to 2032
Table 9: Global Market Value (US$ Million), By Application, 2015 to 2021
Table 10: Global Market Value (US$ Million), By Application, 2022 to 2032
Table 11: Global Market, By Region, 2015 to 2021
Table 12: Global Market, By Region, 2022 to 2032
Table 13: North America Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 14: North America Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 15: North America Market Value (US$ Million), By Component, 2015 to 2021
Table 16: North America Market Value (US$ Million), By Component, 2022 to 2032
Table 17: North America Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 18: North America Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 19: North America Market Value (US$ Million), By Vertical, 2015 to 2021
Table 20: North America Market Value (US$ Million), By Vertical, 2022 to 2032
Table 21: North America Market Value (US$ Million), By Application, 2015 to 2021
Table 22: North America Market Value (US$ Million), By Application, 2022 to 2032
Table 23: North America Market, By Country, 2015 to 2021
Table 24: North America Market, By Country, 2022 to 2032
Table 25: Latin America Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 26: Latin America Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 27: Latin America Market Value (US$ Million), By Component, 2015 to 2021
Table 28: Latin America Market Value (US$ Million), By Component, 2022 to 2032
Table 29: Latin America Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 30: Latin America Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 31: Latin America Market Value (US$ Million), By Vertical, 2015 to 2021
Table 32: Latin America Market Value (US$ Million), By Vertical, 2022 to 2032
Table 33: Latin America Market Value (US$ Million), By Application, 2015 to 2021
Table 34: Latin America Market Value (US$ Million), By Application, 2022 to 2032
Table 35: Latin America Market, By Country, 2015 to 2021
Table 36: Latin America Market, By Country, 2022 to 2032
Table 37: Europe Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 38: Europe Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 39: Europe Market Value (US$ Million), By Component, 2015 to 2021
Table 40: Europe Market Value (US$ Million), By Component, 2022 to 2032
Table 41: Europe Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 42: Europe Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 43: Europe Market Value (US$ Million), By Vertical, 2015 to 2021
Table 44: Europe Market Value (US$ Million), By Vertical, 2022 to 2032
Table 45: Europe Market Value (US$ Million), By Application, 2015 to 2021
Table 46: Europe Market Value (US$ Million), By Application, 2022 to 2032
Table 47: Europe Market, By Country, 2015 to 2021
Table 48: Europe Market, By Country, 2022 to 2032
Table 49: Asia Pacific Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 50: Asia Pacific Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 51: Asia Pacific Market Value (US$ Million), By Component, 2015 to 2021
Table 52: Asia Pacific Market Value (US$ Million), By Component, 2022 to 2032
Table 53: Asia Pacific Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 54: Asia Pacific Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 55: Asia Pacific Market Value (US$ Million), By Vertical, 2015 to 2021
Table 56: Asia Pacific Market Value (US$ Million), By Vertical, 2022 to 2032
Table 57: Asia Pacific Market Value (US$ Million), By Application, 2015 to 2021
Table 58: Asia Pacific Market Value (US$ Million), By Application, 2022 to 2032
Table 59: Asia Pacific Market, By Country, 2015 to 2021
Table 60: Asia Pacific Market, By Country, 2022 to 2032
Table 61: MEA Market Value (US$ Million), By Deployment Mode, 2015 to 2021
Table 62: MEA Market Value (US$ Million), By Deployment Mode, 2022 to 2032
Table 63: MEA Market Value (US$ Million), By Component, 2015 to 2021
Table 64: MEA Market Value (US$ Million), By Component, 2022 to 2032
Table 65: MEA Market Value (US$ Million), By Organization Size, 2015 to 2021
Table 66: MEA Market Value (US$ Million), By Organization Size, 2022 to 2032
Table 67: MEA Market Value (US$ Million), By Vertical, 2015 to 2021
Table 68: MEA Market Value (US$ Million), By Vertical, 2022 to 2032
Table 69: MEA Market Value (US$ Million), By Application, 2015 to 2021
Table 70: MEA Market Value (US$ Million), By Application, 2022 to 2032
Table 71: MEA Market, By Country, 2015 to 2021
Table 72: MEA Market, By Country, 2022 to 2032
Figure 1: Global Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 3: Global Market Share, By Deployment Mode, 2022 & 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 6: Global Market Share, By Component, 2022 & 2032
Figure 7: Global Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By Component - 2022 to 2032
Figure 9: Global Market Share, By Vertical, 2022 & 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 12: Global Market Share, By Organization Size, 2022 & 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 14: Global Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 15: Global Market Share, By Application, 2022 & 2032
Figure 16: Global Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 17: Global Market Attractiveness Index, By Application - 2022 to 2032
Figure 18: Global Market Share, By Region, 2022 & 2032
Figure 19: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 20: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 21: North America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 22: North America Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 23: North America Market Share, By Deployment Mode, 2022 & 2032
Figure 24: North America Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 25: North America Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 26: North America Market Share, By Component, 2022 & 2032
Figure 27: North America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 28: North America Market Attractiveness Index, By Component - 2022 to 2032
Figure 29: North America Market Share, By Vertical, 2022 & 2032
Figure 30: North America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 31: North America Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 32: North America Market Share, By Organization Size, 2022 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 34: North America Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 35: North America Market Share, By Application, 2022 & 2032
Figure 36: North America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 37: North America Market Attractiveness Index, By Application - 2022 to 2032
Figure 38: North America Market Share, By Country, 2022 & 2032
Figure 39: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 40: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 41: Latin America Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 42: Latin America Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 43: Latin America Market Share, By Deployment Mode, 2022 & 2032
Figure 44: Latin America Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 45: Latin America Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 46: Latin America Market Share, By Component, 2022 & 2032
Figure 47: Latin America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 48: Latin America Market Attractiveness Index, By Component - 2022 to 2032
Figure 49: Latin America Market Share, By Vertical, 2022 & 2032
Figure 50: Latin America Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 51: Latin America Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 52: Latin America Market Share, By Organization Size, 2022 & 2032
Figure 53: Latin America Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 54: Latin America Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 55: Latin America Market Share, By Application, 2022 & 2032
Figure 56: Latin America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 57: Latin America Market Attractiveness Index, By Application - 2022 to 2032
Figure 58: Latin America Market Share, By Country, 2022 & 2032
Figure 59: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 60: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 61: Europe Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 62: Europe Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 63: Europe Market Share, By Deployment Mode, 2022 & 2032
Figure 64: Europe Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 65: Europe Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 66: Europe Market Share, By Component, 2022 & 2032
Figure 67: Europe Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 68: Europe Market Attractiveness Index, By Component - 2022 to 2032
Figure 69: Europe Market Share, By Vertical, 2022 & 2032
Figure 70: Europe Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 71: Europe Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 72: Europe Market Share, By Organization Size, 2022 & 2032
Figure 73: Europe Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 74: Europe Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 75: Europe Market Share, By Application, 2022 & 2032
Figure 76: Europe Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 77: Europe Market Attractiveness Index, By Application - 2022 to 2032
Figure 78: Europe Market Share, By Country, 2022 & 2032
Figure 79: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 80: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 81: Asia Pacific Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 82: Asia Pacific Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 83: Asia Pacific Market Share, By Deployment Mode, 2022 & 2032
Figure 84: Asia Pacific Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 85: Asia Pacific Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 86: Asia Pacific Market Share, By Component, 2022 & 2032
Figure 87: Asia Pacific Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 88: Asia Pacific Market Attractiveness Index, By Component - 2022 to 2032
Figure 89: Asia Pacific Market Share, By Vertical, 2022 & 2032
Figure 90: Asia Pacific Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 91: Asia Pacific Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 92: Asia Pacific Market Share, By Organization Size, 2022 & 2032
Figure 93: Asia Pacific Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 94: Asia Pacific Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 95: Asia Pacific Market Share, By Application, 2022 & 2032
Figure 96: Asia Pacific Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 97: Asia Pacific Market Attractiveness Index, By Application - 2022 to 2032
Figure 98: Asia Pacific Market Share, By Country, 2022 & 2032
Figure 99: Asia Pacific Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 100: Asia Pacific Market Attractiveness Index, By Country - 2022 to 2032
Figure 101: MEA Market Value (US$ Million) and Year-on-Year Growth, 2015 to 2032
Figure 102: MEA Market Absolute $ Historical Gain (2015 to 2021) and Opportunity (2022 to 2032), US$ Million
Figure 103: MEA Market Share, By Deployment Mode, 2022 & 2032
Figure 104: MEA Market Y-o-Y Growth Projections, By Deployment Mode - 2022 to 2032
Figure 105: MEA Market Attractiveness Index, By Deployment Mode - 2022 to 2032
Figure 106: MEA Market Share, By Component, 2022 & 2032
Figure 107: MEA Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 108: MEA Market Attractiveness Index, By Component - 2022 to 2032
Figure 109: MEA Market Share, By Vertical, 2022 & 2032
Figure 110: MEA Market Y-o-Y Growth Projections, By Vertical - 2022 to 2032
Figure 111: MEA Market Attractiveness Index, By Vertical - 2022 to 2032
Figure 112: MEA Market Share, By Organization Size, 2022 & 2032
Figure 113: MEA Market Y-o-Y Growth Projections, By Organization Size - 2022 to 2032
Figure 114: MEA Market Attractiveness Index, By Organization Size - 2022 to 2032
Figure 115: MEA Market Share, By Application, 2022 & 2032
Figure 116: MEA Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 117: MEA Market Attractiveness Index, By Application - 2022 to 2032
Figure 118: MEA Market Share, By Country, 2022 & 2032
Figure 119: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 120: MEA Market Attractiveness Index, By Country - 2022 to 2032
The security orchestration automation and response (SOAR) market is projected to have a CAGR of 10.9% through 2032.
North America is the leading region, with an anticipated CAGR of 10.7% through 2032.
Threat Intelligence segment in the security orchestration automation and response market is projected to lead the market with a CAGR of 10.1% through 2032.
The security orchestration automation and response (SOAR) market is predicted to grow USD 3.8 Billion by 2032.
Services segment leads the market with the projected CAGR of 10.4% through 2032.
Explore Similar Insights
Security Orchestration Automation and Response (SOAR) Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
