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Security Orchestration Automation and Response (SOAR) Market Share

  • Report ID: GMI7071
  • Published Date: Oct 2023
  • Report Format: PDF
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Security Orchestration Automation and Response Market Share

Companies such as Tines and IBM Corporation are employing growth strategies such as expanding their product offerings, forming strategic partnerships, targeting new industries, and enhancing their global presence to seize market opportunities and maintain competitive advantage.
 

Security Orchestration Automation and Response Market Companies

Major players operating in the security orchestration automation and response industry are:

  • Fortinet, Inc.
  • IBM Corporation
  • Logpoint
  • Palo Alto Networks
  • Rapid7
  • ServiceNow
  • Siemplify
  • Splunk Inc.
  • Swimlane
  • Tines
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of security orchestration automation and response was worth USD 1.6 billion in 2023 and is estimated to register over 15% CAGR between 2024 and 2032, due to increasing incidences of cybersecurity threats worldwide.

The software segment was reached USD 1.1 billion in 2023 and is expected to grow significantly through 2032, as SOAR software is gaining widespread popularity in the cybersecurity landscape.

North America region captured around 35% share of the security orchestration automation and response industry in 2023 and will grow significantly through 2032, as the region faces a continuous and evolving threat landscape, with cyberattacks increasing in complexity.

Fortinet, Inc., IBM Corporation, Logpoint, Palo Alto Networks, Rapid7, ServiceNow, Siemplify, Splunk Inc., Swimlane, and Tines.

Security Orchestration Automation and Response Market Scope

  • Security Orchestration Automation and Response Market Size
  • Security Orchestration Automation and Response Market Trends
  • Security Orchestration Automation and Response Market Analysis
  • Security Orchestration Automation and Response Market Share

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    Premium Report Details

    • Base Year: 2023
    • Companies covered: 20
    • Tables & Figures: 401
    • Countries covered: 20
    • Pages: 240
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