Security Orchestration Market

Security Orchestration Market
- Global Forecast to 2021
Security Orchestration Market worth 1682.4 Million USD by 2021
– New Report by MarketsandMarkets
According to new market research report "Security Orchestration Market by Component (Solution and
Service), Application (Threat Intelligence, Network Forensics, Ticketing Solutions, and Compliance
Management), Deployment Mode, End User, and Vertical, Region - Global Forecast to 2021",
published by MarketsandMarkets, the Security Orchestration Market size is estimated to grow from
USD 826.1 Million in 2016 to USD 1682.4 Million by 2021, at an estimated Compound Annual Growth
Rate (CAGR) of 15.3%.
Browse 76 market data tables and 50 figures spread through 142 pages and in-depth TOC on “Security
Orchestration Market - Global Forecast to 2021"
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Security orchestration is an approach to automatically respond to security incidents and protect IT
systems in organizations from advanced cyber-attacks and vulnerabilities. As the sophistication level in
cyber-attack is increasing, security vendors are trying to develop better orchestration platforms to
provide a proactive and holistic security to critical business applications.
Some of the major technology vendors include
FireEye, Inc. (U.S.)
Intel Security (U.S.)
Huawei Tech (China)
Tufin (Israel)
CyberSponse Inc. (U.S.)
Cisco Systems, Inc. (U.S.)
IBM Corporation (U.S.)
Hexadite (U.S.)
Swimlane LLC (U.S.)
Phantom Cyber Corporation
Rise in security breaches and incidents is driving the Security Orchestration Market
The major forces driving the Security Orchestration Market are the rise in security breaches & incidents,
rapid deployment & development of cloud based solutions, and growth in the BYOD trend, affecting
Small and Medium Enterprises (SMEs). As the businesses are growing, new and sophisticated threats are
created everyday which puts the company’s and individual’s critical data at risk. Therefore, enterprises
are deploying security orchestration solutions to detect and respond to threats and data breaches
within their networks, and endpoints.
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Security Orchestration Market
- Global Forecast to 2021
Threat intelligence segment to play a key role in the Security Orchestration Market
Network forensics is expected to have the largest market share and dominate the Security Orchestration
Market from 2016 to 2021, as more and more companies are adopting network forensics solutions to
manage and monitor computer network traffic. Threat intelligence is expected to play a key role in
changing the security orchestration landscape and is projected to grow at the highest growth rate during
the forecast period. The reason being, the demand for security orchestration solutions with threat
intelligence capabilities have increased.
Government vertical is expected to grow the fastest in the Security Orchestration Market
BFSI vertical is expected to contribute the largest market share in the Security Orchestration Market,
due to the increase in online banking transactions for businesses via web and mobile devices.
Government sector is expected to grow at the highest CAGR from 2016 to 2021 in the Security
Orchestration Market, as government agencies hold critical and sensitive information of citizens, which
are considered as the prime target for cyber criminals.
North America is expected to contribute the largest market share, whereas APAC is expected to grow
the fastest
North America is expected to have the largest market share and dominate the Security Orchestration
Market from 2016to 2021, due to the presence of large number of security orchestration vendors across
this region. On the other hand, APAC offers potential growth opportunities in the Security Orchestration
Market, as there is a wide presence of SMEs that are turning towards security orchestration solutions to
defend against advanced cyber threats.
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Security Orchestration Market
- Global Forecast to 2021
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