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Security Orchestration Market - Insights into the Competitive Scenario of the Market 2027

 



(USGovernment-News.Com, April 03, 2019 ) Globally the number of number of connected devices has gained substantial volume which has led to unprecedented surge in data being generated daily. Subsequently, the cyber security threats have also risen in the past few years leading to efficient management and containment of the vulnerabilities across the entire organization. Moreover, in recent light of mass breach of data privacy coupled with growing awareness of cyber security awareness has influenced the government agencies into taking steps to ensure the cyber security compliances across different industry verticals. As a result, the global spending towards cyber security has gained significant momentum especially in the past few years.



The global security orchestration market was valued at US$ 0.84 Bn in 2018 and is expected to reach US$ 7.7 Bn by 2027 with an attractive CAGR growth rate of 28.8% in the forecast period.Europe is the leading geographic segment in the security orchestration market and also, anticipated to be the highest revenue contributor throughout the forecast period, among the other geographies. By 2020 the region’s economic growth and competitiveness are expected to spur as the penetration of smart systems in its major social and economic sectors including, energy, transportation, public service, and healthcare will approach stability in the market.



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Top Leading Key Players:-



CyberSponse, Inc.

DFLabs S.p.A.

FireEye, Inc.

Microsoft Corporation (Hexadite)

Tufin

Phantom Cyber Corporation (Splunk Inc.)

Swimlane LLC

Demisto, Inc.

Siemplify Ltd.

Cyberbit Ltd.

Key Benefits-



- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global security orchestration market.

- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)



The significant surge in number of connected devices coupled with growing number of internet users and low internet prices has witnessed unprecedented volume of data being generated daily. Moreover, the presence of large scaled networks and end-points creates a room for numerous potential vulnerabilities that require the attention of the security professionals and cyber security experts. As a result, the volume of alerts and events notification has risen significantly, which can be really challenging for the individuals.



Security orchestration market - Global Analysis to 2027 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/position of top 5 key vendors.



The global security orchestration market by end-user was led by BFSI sector. Banking, financial services, and insurance (BFSI) industries are more exposed to cyber-attacks due to the presence of huge financial and personal data of customers. In this sector, a high amount of sensitive data is generated and exchanged every day. There is growing volume and creation of endpoints and mobile devices in banks, credit card companies, and credit reporting institutions, thus, it becomes important for these industry verticals to secure their customer data. Currently, mobile service is the fundamental of banking for their employees, agents, and customers. Many of the cyber attackers are motivated by financial gain. Hence, BFSI industries are more inclined towards the adoption of security solution for the protection from malware and integrated app protection.



The security orchestration market by function is segmented into network security, threat intelligence, compliance management, ticketing solution, end-point security, and others. The end-point security is anticipated to lead the security orchestration market in 2027. The end-point security in security orchestration provides pre and post analysis of attacks, prevents data breaches in real time, and automatically orchestrate incident investigations and response. It provides orchestration, detection, investigation, remediation, prevention, and management console.



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security orchestration market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2017 - 2027, considering 2017 as the base year and 2018 - 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.

The Insight Partners

Sameer Joshi

+1-646-491-9876

sam@theinsightpartners.com

Source: EmailWire.Com

Source: EmailWire.com

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