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Security orchestration is a method of connecting security tools and integrating disparate security systems. It is the connected layer that streamlines security processes and powers security automation.

Statistics:

The security orchestration market was valued at US$ 2271.47 Mn in 2021 and is forecast to reach a value of US$ 9723.60 Mn by 2030 at a CAGR of 18.3% between 2022 and 2030.

Figure 1: Global Security Orchestration Market Value (US$ Mn) Analysis and Forecast, 2017 - 2030

Security Orchestration  | Coherent Market Insights

Key Developments:

In March 2020, TUFIN SOFTWARE TECHNOLOGIES LTD. declared the Tufin21-1 which comprises several features that are dependent upon the request of the customer. The novel version also offers visibility into the multi-vendor user ID NGFW schemes, where it allows LDAP user groups to perform the traffic simulation queries and the set schemes.

In February 2020, Cisco declared a cloud native security platform combining the visibility over its assortment and the user infrastructure, permitting the automated security work flow and in it is inoculation managed risk hunting abilities. As per Cisco, it is the widest, and most combined cloud-native security platform in the presence.

North America held dominant position in the Global Security Orchestration Market in 2021, accounting for 34.2% share in terms of volume.

Figure 2: Global Security Orchestration Market Share (%), By Region, 2021

Security Orchestration  | Coherent Market Insights

Market Drivers:

Driver 1:

Rise in the security breaches and accidents is expected to propel the growth of the market. Furthermore, the development in the BYOD movement impacting SMEs is further anticipated to fuel the growth of the security orchestration market.

Driver 2:

The growing network complexity and frequent changes in network infrastructure is further expected to fuel the growth of global security orchestration market. The companies need security orchestration solutions to protect their systems and endpoints that are interconnected to the enterprise network. This is further expected to propel the growth of global security orchestration market.

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Security Orchestration Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2021: US$ 2271.47 Mn
Historical Data for: 2017 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 18.3 % 2030 Value Projection: US$ 9723.60 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Type: Software, Services
  • By End-user Industries: BFSI, IT and Telecommunication, Government and Defense, E-commerce, Other 
Companies covered:

IBM Corporation, DFLabs SpA, DXC Technology Company, SIRP Lab Ltd, Tufin Software Technologies Ltd, Forescout Technologies Inc., Cisco System Inc., FireEye Inc., Palo Alto Networks Inc., Swimlane LLC, Siemplify Ltd, RSA Security LLC, Rapid7 Inc., and Accenture PLC

Growth Drivers:
  • Rising trend of automated security operations for endless workflow
  • Need of disparate cybersecurity to handle the workflow
Restraints & Challenges:
  • Lack of awareness amidst the professionals
  • Complex IT infrastructure

Market Restraint:

Restraint 1:

The absence of understanding of emerging cyber-attacks is further projected to hinder the growth of the security orchestration market in the forecast period. It becomes difficult to effectively manage and handle the organization's entire network infrastructure which further impedes the growth of the market.

Restraint 2:

The convergence of safety analytics with orchestration of defense serves as a catalyst might further challenge the market. This is further expected to hamper the growth of the global security orchestration market.  

Market Opportunities:

Opportunity 1:

Many organizational networks have grown over time due to several rounds of technology upgrades and application evolutions. It became difficult for the security team to fully understand the network and security environment, leading to cyber intrusions. As a result, businesses are increasingly implementing security orchestration solutions, which assist in addressing network security concerns by centrally managing and controlling enterprise security. This is expected to act as an opportunity in the growth of global security orchestration market.

Opportunity 2:

With the ongoing evolution of cyberspace, the SOC must similarly develop to support the desire for better visibility into dangers and rapid analysis of those threats. As a result, process automation is a must for an SOC and may be used in various sectors, including workflow automation, incident analysis, and threat response. This is expected augment the growth of the global security orchestration market.

Market Key Takeaways/Trends:

Trend 1:

The speed with which attacks occur is also pushing the demand for automation. According to the Microsoft Global Incident Response and Recovery Team, attackers can go from phishing email-based endpoint infection to complete domain control in less than 24 hours. Likewise, the number of cyberattacks and security events that security operation centers deal with daily increases. All of this is fueling the trend of security orchestration market.

Trend 2

Across the IT industry, intelligent automation is making a difference. Due to severe labor scarcity, cybersecurity automation has become highly critical. Companies are employing unskilled workers who are juggling dozens of tools simultaneously. As a result, firms are searching for security automation and response solutions, also known as Security Orchestration, Automation, and Response platforms, to bridge the gap between untrained personnel and rising security needs. This is expected to act as a key trend in the growth of global security orchestration market.

Competitive Landscape:

Major companies operating the global security orchestration are IBM Corporation, DFLabs SpA, DXC Technology Company, SIRP Lab Ltd, Tufin Software Technologies Ltd, Forescout Technologies Inc., Cisco System Inc., FireEye Inc., Palo Alto Networks Inc., Swimlane LLC, Siemplify Ltd, RSA Security LLC, Rapid7 Inc., and Accenture PLC.

Security orchestration finds extensive applications in energy and utilities, government, healthcare, retail, information and technology (IT), telecommunication, and banking, financial services, and insurance (BFSI) sectors. 

Market Dynamics:

Key players are entering into new acquisitions for the growth and development of the security orchestration. This is expected to drive the growth of global security orchestration market. For instance, in June 2022, Californian cloud security company Sumo Logic announced their acquisition of DfLabs in a move to compliment the firm’s SIEM (security incident and event management) portfolio. Various vendors are integrating their security platforms for protecting their security infrastructures, in line with the outbreak of the pandemic, which is propelling the growth of the market.

On Contrary, the lack of awareness regarding the concept of security organizations and the orchestration is expected to hinder the growth of the global security orchestration market.

Key features of the study:

  • This report provides in-depth analysis of the global security orchestration market, and provides market size (US$ 2271.47 Mn ) and compound annual growth rate (18.3%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global security orchestration market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Major companies operating the global security orchestration are IBM Corporation, DFLabs SpA, DXC Technology Company, SIRP Lab Ltd, Tufin Software Technologies Ltd, Forescout Technologies Inc., Cisco System Inc., FireEye Inc., Palo Alto Networks Inc., Swimlane LLC, Siemplify Ltd, RSA Security LLC, Rapid7 Inc., and Accenture PLC.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global security orchestration market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global security orchestration market.

Detailed Segmentation:

  • Global Security Orchestration Market, By Type:
    • Software
    • Services
  • Global Security Orchestration Market, By End-User Industry:
    • BFSI
    • IT and Telecommunication
    • Government and Defense
    • E-commerce
    • Other End-user Industries
  • Global Security Orchestration Market, By Geography:
    • North America
    • Europe
    • Asia-Pacific
    • Latin America
    • Middle East & Africa
  • Company Profiles:
    • IBM Corporation
    • Tufin Software Technologies Ltd
    • DXC Technology Company
    • Cisco System Inc.
    • Swimlane LLC
    • RSA Security LLC
    • FireEye Inc.
    • DFLabs SpA
    • Palo Alto Networks Inc.
    • Siemplify Ltd
    • Accenture PLC
    • SIRP Lab Ltd
    • Rapid7 Inc.
    • Forescout Technologies Inc.

Frequently Asked Questions

The global security orchestration market is estimated to be valued at US$ 2539.96 Mn in 2022 and is expected to exhibit a CAGR of 18.3% between 2022 and 2030.
The rising trend of automated security operations for the endless workflow is anticipated to drive the growth of the market.
Software segment is the leading component in the market.
Lack of awareness amidst professionals is the key factor hampering the growth of the market.
Major companies operating the market are IBM Corporation, DFLabs SpA, DXC Technology Company, SIRP Lab Ltd, Tufin Software Technologies Ltd, Forescout Technologies Inc., Cisco System Inc., FireEye Inc., Palo Alto Networks Inc., Swimlane LLC, Siemplify Ltd, RSA Security LLC, Rapid7 Inc., and Accenture PLC.

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