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Security Orchestration Market Size 2022 | Top Companies, Share, Industry Growth and Forecast till 2022-2027

 The latest research study “Security Orchestration Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global security orchestration market size reached a value of US$ 2.36 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 6.02 Billion by 2027, exhibiting a CAGR of 16.30% during 2022-2027.

What is Security Orchestration?

Security orchestration refers to a process that involves integrating a fragmented ecosystem of security operation center (SOC) technologies and processes to automate tasks for efficient security operations. It includes various cybersecurity tools for preventing, detecting, and addressing threats. It allows security teams to quickly apply context by collecting relevant information from multiple sources and enhancing incoming alerts. It helps incident response teams facilitate analytics, security incident investigation, threat intelligence, alert triage, and threat management for more strategic decision-making. As a result, security orchestration finds extensive applications in the energy and utilities, retail, information technology (IT), telecommunication, government, healthcare, and banking, financial services, and insurance (BFSI) sectors.
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Note:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Security Orchestration Market Trends and Drivers:
The global security orchestration market is primarily driven by the rising security breaches across numerous organizations due to the growing adoption of bring-your-own-device (BYOD) in medium and small businesses. Moreover, there is a surge in the use of security orchestration to provide advanced security for crucial business applications in the telecommunications industry. 
In line with this, the highly critical technological environment owing to the increasing data-on-demand generation across data centers has augmented product demand. Additionally, the easy availability of affordable cloud-based security orchestration is positively influencing market growth. Besides this, the rising investments in network infrastructures by governments of numerous countries have catalyzed market growth. 
Furthermore, the increasing use of security orchestration to boost security operations thresholds of various enterprises is contributing to market growth. Other factors, ongoing research and development (R&D) activities, frequent changes in network infrastructures, and growing network complexity, are also anticipated to drive the market further.

Security Orchestration Market Report Scope

Report Coverage Details
Forecast Period 2022-2027
Base Year 2021
Market Size in 2021 US$ 2.36 Billion
Market Size in 2027 US$ 6.02 Billion
CAGR 16.30%
Global Security Orchestration Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Security Orchestration Companies : 

Acalvio Technologies Inc., Accenture plc, Amazon Web Services Inc. (Amazon.com Inc.), Cisco Systems Inc., Cyberbit (Elbit Systems), Exabeam Inc., Forescout Technologies Inc., International Business Machines Corporation, Optiv Security Inc., Palo Alto Networks Inc., Swimlane Inc. and Tufin.
The report has segmented the market on the basis of region, type, deployment mode, organization size, application and end use industry.
Breakup by Type:
Software
Services
 
Breakup by Deployment Mode:
Cloud-based
On-premises
 
Breakup by Organization Size:
Small and Medium- sized Enterprises
Large Enterprises
Breakup by Application:
Compliance Management
Threat Intelligence
Ticketing Solutions
Network Forensics
Others
 
Breakup by End Use Industry:
BFSI
IT and Telecommunication
Government and Defense
E-Commerce
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/security-orchestration-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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