The global security orchestration market size was USD 2.43 billion in 2021 and is expected to register a revenue CAGR of 16.52% during the forecast period, according to the latest analysis by Emergen Research. The increasing popularity of Bring Your Own Devices (BYOD) in organizations is a major factor driving market revenue growth. The introduction of remote working options for employees owing to COVID-19 and BYOD rules has helped many firms adopt security orchestration successfully. It is expected that over 80% of businesses will have BYOD rules in place by 2022, while 76% of workers reportedly use their personal cell phones for work. However, despite the widespread use of BYOD policies, only about 33% of businesses have made it necessary for employees' devices to be recognized by IT to install security software. Such factors are expected to drive revenue growth in the market.

The Security Orchestration Market Study was developed as a result of extensive primary and secondary research, qualitative analysis, and quantitative analysis of significant market segments. Business experts have also acknowledged and verified the clever information. The report's objective is to provide more details on the general market environment for lead-free piezoelectric ceramic materials.

In addition, security orchestration platforms might offer asset categorization for a better understanding of their security. The risk of cyberattacks on any assets that are susceptible to cyber threats will be reduced by timely vulnerability patches. In addition to immediately gathering information about weaknesses by connecting with threat intelligence, it also provides integration with technologies that automate the vulnerability management process.

Security orchestration is the process of connecting security tools and combining different security systems. It is the secured layer that simplifies security processes and powers security automation. Also, security orchestration permits the sharing of information effortlessly, permitting numerous tools to acknowledge incidents as a group. When the data is expanding across a wide network and numerous systems or devices, security orchestration uses several automated tasks to perform a complete, complex process or workflow. Further, SOAR solutions are those that merge orchestration and automation, incident response, and threat intelligence platform management abilities into one single solution. These tools can be utilized for several security operations tasks that involve documenting and implementing processes.

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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

The leading market contenders listed in the report are:

IBM, Cisco System Inc., DXC Technology Company, RSA Security LLC, FireEye, Swimlane, Tufin, Palo Alto Networks, Accenture, and SIRP Labs

Security Orchestration Market Overview

On the basis of the latest report released by Emergen Research, the global security orchestration market size was USD 2.43 billion in 2021 and is anticipated to reach a CAGR of 16.52% over the assessment period. Rising research and development activities in the industry and the convergence of orchestration and security analytics are anticipated to propel the global security orchestration market over the foreseen period. Increasing accidents and security breaches are other factors uplifting the global market. Moreover, the evolution of the BYOD movement, which influences SMEs, is expected to boost the global industry. In addition, rising network complexity combined with persistent changes in network infrastructure is predicted to uplift global market demand over the projection period. Also, the growing prevalence of automated security operations is anticipated to grow the global security orchestration market size during the foreseen period. Growing investment in this sector is also expected to propel the market.

However, a lack of understanding among experts about the cyber threat is anticipated to hamper the growth of the security orchestration market during the foreseen period. Also, the convergence of security analytics with the orchestration of security serves as an encouragement, which is predicted to restrict the growth of the security orchestration market over the assessment period.

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Major Geographies Analyzed in the Report:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Market Segmentations of the Security Orchestration Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2022 and 2030. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Security Orchestration market on the basis of product, application, and region:

Segments Covered in this report are:

• Component Outlook (Revenue, USD Billion; 2019–2030)
• Software
• Services
1. Consulting
2. Training and Education
3. Support and Maintenance

• Organization Size Outlook (Revenue, USD Billion; 2019–2030)
• Large Enterprises
• Small and Medium Enterprises (SMEs)

• Deployment Outlook (Revenue, USD Billion; 2019–2030)
• Cloud
• On-Premises

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Some Key Highlights From the Report

• The Small and Medium Enterprises (SMEs) segment is expected to account for largest revenue share during the forecast period due to increasing technological improvements, application evolution, and organizational networks. This makes it difficult for security employees to understand the network and safety environment, which promotes cyber intrusions.
• The IT and telecom segment is expected to account for a rapid revenue share due to rising demand for security orchestrations to increase food security. The telecom industry is moving swiftly due to increasing need for digitization and push of new innovative providers and business models.
• The North America market accounted for largest revenue share in 2021 due to rising incidences of cyber-attacks. Security orchestration assists companies in improving response activities for cyber-attacks based on evaluation of their protective actions and risk posture.

Additional information offered by the report:

• Along with a complete overview of the global Security Orchestration market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
• The report elaborates on the global Security Orchestration market size and share governed by the major geographies.
• It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
• It further presents a detailed description of the company profiles of the key market contenders.

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