Beyond Defense: Mapping the Evolution of the SOAR Market



 “According to SNS Insider, Security Orchestration, Automation, and Response (SOAR) Market size was valued at USD 1.01 Bn in 2022 and grow at a CAGR of 14.12% over the forecast period 2023-2030”.

Market Scope & Overview

The Security Orchestration, Automation, and Response (SOAR) market is carefully examined in the research report. Market estimates and predictions in the study report are based on extensive secondary research, primary interviews, and internal expert evaluations. Additionally, the study displays the market share of the top businesses as well as the competitive landscape of the main sector rivals. The most recent study provides you with a comprehensive picture of the worldwide market as well as information that may have an impact on current trends, future growth, and prospects. This analysis looks at the revenue market's size as well as its drivers, restraints, and prospects.

In this analysis, the structure of the global market, market segmentation, growth rates, and revenue share comparisons are looked at. This paper provides an outline of the Security Orchestration, Automation, and Response (SOAR) industry. These market forecasts and estimates take into account a variety of political, social, and economic factors in addition to the current market situation. When you assess the entire issue, market research can help you identify two essential characteristics: increased industry share and investment in a growing market.

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Market Segmentation

This section examines the revenue, market share, and possible future geographic and national expansion of the global Security Orchestration, Automation, and Response (SOAR) market. This study looks at revenue growth on a global, regional, and national level as well as industry trends in each sub-segment. You may gain a thorough understanding of the market and track its evolution with the use of this segmentation.

KEY MARKET SEGMENTS:

On The Basis of Component

    -Solution

    -Services

On The Basis of Organization Size

    -Small & Medium Enterprises

    -Large Enterprises

On The Basis of Deployment Mode

    -Cloud

    -On-Premises

On The Basis of Application

    -Threat Intelligence

    -Network Forensics

    -Incident Management

    -Compliance Management

    -Workflow Management

    -Others

On The Basis of Vertical

    -BFSI

    -Government

    -Energy & Utilities

    -Healthcare

    -Retail

    -IT & Telecom

    -Others

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KEY PLAYERS:

The major key players are Cisco Systems, Inc., IBM Corporation, FireEye Inc., Swimlane LLC, Palo Alto Networks, Rapid7, Splunk Inc., LogRhythm, Inc., DFLabs, ThreatConnect & Other Players.

COVID-19 Impact Analysis

In this study, the target market's demand and supply side impacts are taken into consideration. This study uses primary and secondary research together with unpublished databases and a paid data source. This study examines how COVID-19 has affected the Security Orchestration, Automation, and Response (SOAR) market on a global and national level. With the help of the COVID-19 impact study, market participants will create pandemic preparedness strategies.

Some of the factors that contributed to market turbulence after the COVID-19 lockdowns are still in effect right now. Supply chain disruptions are still a problem, and export limitations need to be properly watched because they could drive up prices even more. In order to prepare for pandemic-like situations, business managers can put the required protections in place with the use of the COVID-19 effect analysis in this Security Orchestration, Automation, and Response (SOAR) market study.

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The Security Orchestration, Automation, and Response (SOAR) market is propelled by several key drivers shaping its growth trajectory. Firstly, the escalating volume and sophistication of cyber threats are compelling organizations to adopt more advanced security solutions to bolster their defenses. SOAR platforms offer a unified approach to threat detection, analysis, and response, streamlining security operations and enhancing overall efficiency. Secondly, regulatory requirements and compliance standards are driving the adoption of SOAR solutions, as organizations seek to ensure adherence to data protection regulations and demonstrate robust cybersecurity posture. Additionally, the shortage of skilled cybersecurity professionals is prompting businesses to invest in automation technologies like SOAR to augment their security teams and alleviate operational burdens. Moreover, the increasing integration of artificial intelligence and machine learning capabilities into SOAR platforms is enhancing their effectiveness in detecting and mitigating complex threats in real time. These key drivers collectively contribute to the rapid growth and adoption of SOAR solutions across various industries worldwide.

Competitive Outlook

A chapter on significant worldwide market players is included in the Security Orchestration, Automation, and Response (SOAR) market research. This chapter analyses the company's operations, financial situation, product description, and strategic goals. The report's information can be tailored to the needs of the client and contains significant market participants. The top industry competitors are examined in this section, together with their current market share.

Table of Contents

  1. Introduction
  2. Research Methodology
  3. Market Dynamics
  4. Impact Analysis
  5. Value Chain Analysis
  6. Porter’s 5 forces model
  7. PEST Analysis
  8. Security Orchestration, Automation, and Response (SOAR) Market Segmentation, by Component
  9. Security Orchestration, Automation, and Response (SOAR) Market Segmentation, by Organization Size
  10. Security Orchestration, Automation, and Response (SOAR) Market Segmentation, by Deployment Mode
  11. Security Orchestration, Automation, and Response (SOAR) Market Segmentation, by Application
  12. Security Orchestration, Automation, and Response (SOAR) Market Segmentation, by Vertical
  13. Regional Analysis
  14. Company Profiles
  15. Competitive Landscape
  16. Conclusion

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Contact Us:

Akash Anand – Head of Business Development & Strategy

info@snsinsider.com

Phone: +1-415-230-0044 (US) | +91-7798602273 (IND)

#SOARMarket #SOARMarketsize #SOARMarketshare #SOARMarketkeyplayer #SOARMarketgrowth

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