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Security orchestration is a process of connecting the security tools and then combining the disparate security processes. It is the linked layer that pipelines the security systems and then power the security automation. The sheer volume of the resulting output generated from the present security tools.

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

North America held a dominant position in the Global Security Orchestration Market Share in 2021

Statistics:

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

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.

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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 Drivers:

Driver 1:

With the rising cyberspace, the security orchestration also requires to be evolved consistently to assist the quest for rising visibility in to the risks and their quick analysis. Hence, for a security orchestration, automation of the system is quite a requisite, where it can be used to various verticals such as automated workflow, incident research and the risky responses.

Driver 2:

Furthermore, increasing need for the automated security operations is rising owing to the expanded volume, velocity and the severity of the cyberattacks. The severity of the cyberattacks is often above the reach of the human being or the security orchestration analyst to gain, visualize, calculate and then analyze and understand the links.

Market Restraint:

Restraint 1:

The absence of perception regarding the cyberattacks and the data breaches amidst the experts is one of the main reason that the organizations and the companies over the globe are still being the victims of these cyberattacks which is anticipated to hinder the growth of the global security orchestration market.

Restraint 2:

It is advocated that one of the main weakness is the preventive steps that had been the absence of the perception regarding the cyber security risks amidst the users. For example, the Riviera Beach problem that took place currently was an accidental opening of an attachment in an e-mail which caused the spread of attack.

Market Opportunities:

Opportunity 1:

The security orchestration market is anticipated to be driven by the creation and expenditure by the organizations during the forecast duration. Various organizations came into the strategic collaboration and acquirements to compliment the firm. For instance, in 2020, Rapid7 adopted Divvy Cloud Corporation is one of the head in the cloud security posture management for around US$ 145 million.

Opportunity 2:

Californian security company sumo logic declared their acquirement of the DfLabs in a move to complement the firm’s SIEM assortment. The acquisition of the SOAR software offeror DfLabs is slated to increase Sumo Logics cloud security providing and decrease or eliminate error-prone manual tasks and then elevate threat identification, analysis, incident answers and then forensic investigation.

Market Key Takeaways/Trends:

Trend 1:

Swimlane LLC also declared the acquirement of the Security Corporation in the year 2020, an industry aimed on the security incident response and the case management. Hence this anticipated to step up the organizations development and expand the aim on the security automation for operations teams. This permits the customer of the security to avail the industries customer experience team with the larger body to be shared data, use the incidences and deeper integration and combine the relationships.

Trend 2:

The market survey is advocating the collaboration to leverage the rising need over the forecast period. For instance, in 2020, The Forescout technologies declared the increase of its companion to make a cohesive infrastructure for screening and then mitigating risks and  rising threats over the IT and OT surroundings.

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.

A security orchestration solution connects the tools, processes, systems together and permitting them to leverage the automation as required and avail much value  out of the people, tools and the processes. Furthermore, the security orchestrations can ignore the slow, manual processes and can also replace them. 

Market Dynamics:

The volume of the cyberattacks and the security events that are counter attacked everyday by the security operation centers constantly expand. All these are fueling the trend of the automation in the security operation endlessly for the workflow which is anticipated to boost the growth of the global security orchestration market.

Several industries over the globe are taking decisions for the required steps to be taken to counter this perception and are starting to rise the expenditure in the cybersecurity training for the employees as it is known as the very important step that is rising in the cyber risks perception amidst the professionals.

There are several methods being tested with the accessibility to monitor that deals with the user and the entity behavior analytics. The function of the UEBA is to identify and flag the abnormal behaviors amidst the users. It is not only to monitor the user activities however, it is also their usage applications and the networks. 

Key features of the study:

  • This report provides in-depth analysis of the global security orchestration market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) 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

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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