Security Orchestration Automation And Response (Soar) market is projected to grow at a CAGR of 14.67% during the forecasting period 2021-2027


From 2021 to 2026, the Security Orchestration Automation and Response market is expected to expand at a CAGR of 14.67 percent. The rising number of false alarms is one of the major factors driving the industry. The services sector is expected to expand at a faster pace. The cybersecurity vendors sell SOAR as a portal or a solution. Organizations may use the platform to collect data from different sources and react to security operations from a single system. The SOAR platform enables various solutions to work together and automate tasks across products through workflows while still allowing for human intervention. The threat intelligence segment is expected to outperform the rest of the industry. Threat intelligence solutions gather and analyse data about current and emerging threat vectors from a variety of sources to generate actionable threat intelligence feeds and reports that can be used by a variety of security control solutions. Such solutions keep companies aware about the dangers of Advanced Persistent Threats (APTs), zero-day attacks, and other threats, as well as assisting them in avoiding data breaches. The market is expected to be led by North America. The North American area has stable and well-established economies, allowing it to invest heavily in R&D and thus contribute to the creation of new defence orchestration and automation technologies. The emergence of global players is expected to be a major driver of market growth in North America..

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The Security Orchestration Automation And Response (Soar) Market report has been categorized as below
By Component
Solutions
Services
Professional Services
Managed Services
By Application
Threat Intelligence
Network Forensics
Incident Management
Compliance Management
Workflow Management
Others
By Deployment Mode
Cloud
On-Premises
By Organization Size
Small & Medium Enterprises (SMES)
Large Enterprises
By Vertical
BFSI
Government
Energy & Utilities
Healthcare
Retail
IT & Telecom
Others
By Region
North America
US
Canada
Mexico
Europe
Germany
France
Italy
UK
Rest of Europe
Asia Pacific
Japan
China
India
Australia
Rest of Asia Pacific
Rest of the World
South America
Middle East and Africa
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