Security Orchestration, Automation and Response (SOAR)
Software Market
Security Orchestration, Automation and Response (SOAR) Software Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Security Orchestration, Automation and Response (SOAR) Software Market Size and Growth
The Security Orchestration, Automation and Response (SOAR) software market is experiencing robust growth, driven by increasing cyber threats and demand for efficient security operations. The market size reached approximately $1.5 billion in 2023, with projections of significant expansion as organizations seek innovative solutions to enhance incident response and streamline security workflows.
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Companies Covered
(Covid 19 Impact Covered)
◍ Demisto
◍ CloudGuard
◍ SIRP
◍ D3 Security
◍ Intezer
◍ Swimlane
◍ ThreatConnect
◍ IBM
◍ Siemplify
◍ ServiceNow
◍ Tripwire
◍ Splunk
The SOAR market features key players like Demisto, CloudGuard, SIRP, D3 Security, Intezer, Swimlane, ThreatConnect, IBM, Siemplify, ServiceNow, Tripwire, and Splunk, enhancing security incident management through automation. They streamline workflows and improve response times, contributing to market growth through innovation and collaboration.
- Splunk: Approx. $2.7 billion (2022)
- IBM Security: Approx. $5 billion (2022)
- ServiceNow: Approx. $7.8 billion (2022) Request Sample Report
Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
