Security Orchestration Market Report by Type (Software, Services), Deployment Mode (Cloud-based, On-premises), Organization Size (Small and Medium- sized Enterprises, Large Enterprises), Application (Compliance Management, Threat Intelligence, Ticketing Solutions, Network Forensics, and Others), End Use Industry (BFSI, IT and Telecommunication, Government and Defense, E-Commerce, and Others), and Region 2024-2032

Security Orchestration Market Report by Type (Software, Services), Deployment Mode (Cloud-based, On-premises), Organization Size (Small and Medium- sized Enterprises, Large Enterprises), Application (Compliance Management, Threat Intelligence, Ticketing Solutions, Network Forensics, and Others), End Use Industry (BFSI, IT and Telecommunication, Government and Defense, E-Commerce, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A5166
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Market Overview:

The global security orchestration market size reached US$ 3.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 10.8 Billion by 2032, exhibiting a growth rate (CAGR) of 14.2% during 2024-2032.

Report Attribute
 Key Statistics 
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
US$ 3.2 Billion
Market Forecast in 2032
US$ 10.8 Billion
Market Growth Rate 2024-2032 14.2%


Security orchestration is a process of integrating a disparate ecosystem of security operation center (SOC) technologies and processes to automate tasks for effective security operations. It comprises several cybersecurity tools to prevent, detect, and remediate threats. It enables security teams to quickly apply context by drawing relevant data from numerous sources and enriching alerts received. It also helps incident response teams to facilitate alert triage, analytics, security incident investigation, and threat intelligence for more strategic decision-making. As a result, 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.

Security Orchestration Market

Security Orchestration Market Trends:

Due to the growing traction of bring your own device (BYOD) in medium and small businesses, there is a rise in security breaches across organizations of different industry verticals. This, along with the frequent changes in network infrastructures, represents one of the key factors driving the market. Moreover, the availability of cost-efficient cloud-based security orchestration across the globe is propelling the growth of the market. In addition, there is an increase in the utilization of security orchestration in the telecommunication sector to offer advanced security for critical business applications. This, coupled with the highly crucial technological environment due to increasing data-on-demand generation across data centers, is catalyzing the demand for security orchestration. Besides this, governments of several countries are extensively investing in network infrastructures and research and development (R&D) activities around the world, which is positively influencing the market. Additionally, the growing demand for cutting-edge security technology worldwide is offering lucrative growth opportunities to key market players. Furthermore, the rising employment of security orchestration to boost the security operations threshold of different enterprises is bolstering the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global security orchestration market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type, deployment mode, organization size, application and end use industry.

Breakup by Type:

Security Orchestration Market 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:

Security Orchestration Market 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
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Type, Deployment Mode, Organization Size, Application, End Use Industry, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global security orchestration market was valued at US$ 3.2 Billion in 2023.

We expect the global security orchestration market to exhibit a CAGR of 14.2% during 2024-2032

The rising popularity of security orchestration across numerous industries, such as healthcare, retail, IT, etc., to prevent, detect, and remediate threats using cybersecurity tools is primarily driving the global security orchestration market.

The sudden outbreak of the COVID-19 pandemic has led to the escalating demand for security orchestration process in remote working model owing to the growing security breaches and increasing deployment of Bring Your Own Device (BYOD) across numerous organizations.

Based on the type, the global security orchestration market can be segregated into software and services, where software represents the largest market share.

Based on the deployment mode, the global security orchestration market has been divided into cloud-based and on-premises. Currently, cloud-based mode exhibits a clear dominance in the market.

Based on the organization size, the global security orchestration market can be categorized into small and medium- sized enterprises and large enterprises, where large enterprises hold the majority of the global market share.

Based on the application, the global security orchestration market has been segmented into compliance management, threat intelligence, ticketing solutions, network forensics, and others. Among these, threat intelligence represents the largest market share.

Based on the end use industry, the global security orchestration market can be bifurcated into BFSI, IT and telecommunication, government and defense, e-commerce, and others. Currently, the IT and telecommunication industry accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where North America currently dominates the global market.

Some of the major players in the global security orchestration market include 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.

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Security Orchestration Market Report by Type (Software, Services), Deployment Mode (Cloud-based, On-premises), Organization Size (Small and Medium- sized Enterprises, Large Enterprises), Application (Compliance Management, Threat Intelligence, Ticketing Solutions, Network Forensics, and Others), End Use Industry (BFSI, IT and Telecommunication, Government and Defense, E-Commerce, and Others), and Region 2024-2032
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