Security Orchestration Automation and Response (SOAR) Market| Latest Update, Trends & International News In One Place - Forecast till 2025
Market Scope
Market Research Future (MRFR), in its new “Security Orchestration Automation and Response (SOAR) Market” report, reveals that the SOAR market is expected to exhibit a CAGR of 14.6% during the forecast span of 2018 to 2025. As per MRFR, the SOAR market is likely to capitalize on the growing cases of cyber threats. MRFR estimated a valuation of USD 2,027.2 million by 2025, for the SOAR market.
Market Synopsis
SOAR is a set of distinct technologies that enables companies to gather data and security threats from different sources. Threat analysis and remediation processes for organizations are performed by SOAR software and services, by prioritizing incident response (IR) activities. The increase in application of SOAR tools by enterprises can be a defining factor for the growth of the market. SOAR services perform threat analysis in a systematic digital workflow format. This leads to the automation of various man-driven activities. SOAR deploys three technology sectors that are security orchestration and automation, incident response, and threat intelligence. This expected to increase efficacy of the technology. Hence, this is expected to propel the market.
Market Segmental Study
The SOAR market segmental study is based on component, organization size, vertical, and application.
By component, the market is divided into services and platform. The services segment is sub-segmented into managed service and professional service. The platform segment is likely to make high profit for the global SOAR market. This is because SOAR platform effectively manage security alerts and can effectively prevent cyberattacks of all kind. The service segment is also expected to gain considerable traction for the global market of SOAR in the evaluation period. This is because numerous enterprises are opting for managed service providers to keep their company secure.
By vertical, the market is segmented into BFSI, retail, government, IT & telecom, healthcare, energy and utilities, and others. The IT & telecom vertical is likely to garner the highest CAGR in the evaluation period. This is due to the high adoption of SOAR by a large number of MSSPs.
Brows Full Report@
| https://www.marketresearchfuture.com/reports/security-orchestration-automation-and-response-market-8385 |
Market Key Players
MRFR listed a few players that are prominent in the global SOAR market. They are; IBM Corporation (US), Cisco Systems, Inc. (US), Swimlane, LLC (US), FireEye Inc. (US), Palo Alto Networks (US), Splunk Inc. (US), Rapid7 (US), DFLabs (Italy), LogRhythm, Inc. (US), Cyberbit (Israel), ThreatConnect (US), D3 Security (US), CyberSponse (US), Resolve Systems (US), Ayehu Software Technologies Ltd. (US), Exabeam (US), Tufin (Israel), ATAR Labs (Europe), Siemplify (US), Security (US), and EclecticIQ (Netherlands).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Reports (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research and Consulting Services.
Contact:
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Comments
Post a Comment