Security Orchestration Market Growing At Rate Of 28.8% to Reach US$ 7.7 Billion By 2027 Global Analysis with Growth Opportunities | The Insight Partners

By Laura Campbell On Aug 9, 2022

According to our latest market study, titled” Security Orchestration Market” The growing popularity of connected devices coupled with increasing scope of application of IoT enabled products and services has boosted the volume of data being generated globally. Moreover, simultaneously the number of potential vulnerabilities and large scale cyber-attacks has also risen in the past few years. As a result, the cyber security continues to gain significance among leading enterprise and subsequently driving the demand for efficient and robust cyber security solutions for their organization. Thus, over the years various security orchestration market players have positioned themselves for catering to different cyber security requirement. Among these, the security orchestration software and solutions facilitates the organization especially their SOCs (Security Operations Center) and related corresponding teams in improving the cohesion of various technology and process security posture. The security orchestration solutions promotes a fine balance between security automation and human supervised security monitoring and response.

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List Of TOP KEY PLAYERS in Security Orchestration Market Report are –

Microsoft Corporation, Fireeye, Df Labs, And Splunk – Notable Market Participants In Security Orchestration Market

Market Overview:

Factors such as increasing number of large cyber security threats coupled with stringent cyber security legislation and regulations are the major factors driving the growth of cyber security based solutions. Moreover, the growing popularity of automation and adoption of AI enabled solutions especially among large enterprise owners is also expected to have profound and positive influence over the growth of the security orchestration market in the coming years. The increasing demand for automated incident response and use of AI enabled solutions is also expected to drive the market growth in the coming years. Thus, the market is poised to provide numerous profitable opportunities for the security orchestration market players in the coming years.

Globally the number of number of connected devices has gained substantial volume which has led to unprecedented surge in data being generated daily. Subsequently, the cyber security threats have also risen in the past few years leading to efficient management and containment of the vulnerabilities across the entire organization. Moreover, in recent light of mass breach of data privacy coupled with growing awareness of cyber security awareness has influenced the government agencies into taking steps to ensure the cyber security compliances across different industry verticals. As a result, the global spending towards cyber security has gained significant momentum especially in the past few years.

The significant surge in number of connected devices coupled with growing number of internet users and low internet prices has witnessed unprecedented volume of data being generated daily. Moreover, the presence of large scaled networks and end-points creates a room for numerous potential vulnerabilities that require the attention of the security professionals and cyber security experts. As a result, the volume of alerts and events notification has risen significantly, which can be really challenging for the individuals.

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Security Orchestration Market : Segments

The global security orchestration market by end-user was led by BFSI sector. Banking, financial services, and insurance (BFSI) industries are more exposed to cyber-attacks due to the presence of huge financial and personal data of customers. In this sector, a high amount of sensitive data is generated and exchanged every day. There is growing volume and creation of endpoints and mobile devices in banks, credit card companies, and credit reporting institutions, thus, it becomes important for these industry verticals to secure their customer data. Currently, mobile service is the fundamental of banking for their employees, agents, and customers. Many of the cyber attackers are motivated by financial gain. Hence, BFSI industries are more inclined towards the adoption of security solution for the protection from malware and integrated app protection.

The security orchestration market by function is segmented into network security, threat intelligence, compliance management, ticketing solution, end-point security, and others. The end-point security is anticipated to lead the security orchestration market in 2027. The end-point security in security orchestration provides pre and post analysis of attacks, prevents data breaches in real time, and automatically orchestrate incident investigations and response. It provides orchestration, detection, investigation, remediation, prevention, and management console.

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With tables and figures, helping analyze worldwide Global Security Orchestration Market Forecast provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the Market.

Major Table Of Contents:

Introduction
Key Takeaways
Research Methodology
Market Landscape
Key Market Dynamics
Security Orchestration Market – Global Market Analysis
Global Security Orchestration Market Analysis – By Technology
Global Security Orchestration Market Analysis – By End User
Security Orchestration Market – Geographic Analysis
Industry Landscape
Company Profiles
Appendix

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Published Mon, 08 Aug 2022 22:09:21 -0500