According to the study, Growing Adoption of Security Orchestration Automation to Prevent Ransomware attacks is one of the primary growth factors for the market. Increasing Digitisation of Businesses is also expected to contribute significantly to the Security Orchestration Automation and Response (SOAR) market. Overall, Network Forensics applications of Security Orchestration Automation and Response (SOAR), and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as IBM Corporation (United States), Cisco Systems (United States), Amazon Web Services (United States), FireEye Inc. (United States), Tufin Software Technologies Ltd. (United States), DXC Technology (United States), Accenture PLC (Ireland), Cyberbit Ltd. (Israel), Siemplify Ltd (United States), Swimlane LLC (United States), Palo Alto Networks Inc. (United States), RSA Security LLC (United States) and Forescout Technologies Inc. (United States) pushing strong cash flow in Market which is also a key in driving revenue growth.

AMA’s Analyst on the Global Security Orchestration Automation and Response (SOAR) market identified that the demand is rising in many different parts of the world as "Integration of Cyber Security with Artificial Intelligence". Furthermore, some recent industry insights like "In 2020, IBM, Global Computing Giant has announced completion of acquisition of Spanugo which is a cloud cyber security solutions provider based in United States. IBM looks to integrate Spanugo’s solutions with its Public Cloud Offerings to improve customer experience. The acquisition will also improve IBM’s Cyber Security Solutions." is constantly making the industry dynamic. One of the challenges that industry facing is "High Initial Cost of Setup for IT Infrastructure"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Security Orchestration Automation and Response (SOAR) market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Security Orchestration Automation and Response (SOAR) market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Security Orchestration Automation and Response (SOAR) market tight?
• Which application/end-user category or Product Type [] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Security Orchestration Automation and Response (SOAR) market and other related sub-markets covered in the study.

o Key & emerging players in the Security Orchestration Automation and Response (SOAR) market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Security Orchestration Automation and Response (SOAR) market size is calculated using market estimation process, the Security Orchestration Automation and Response (SOAR) market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Security Orchestration Automation and Response (SOAR) market size has been validated using both top-down and bottom-up approaches.