What is Security Orchestration Software Market?
Security orchestration is the process of integrating the disparate ecosystem of SOC tools and processes for automating tasks for simpler, more effective security operations. Security operations teams has various cyber security security tools in place to prevent, detect and remediate threats. Security orchestration helps the organizations to consolidate their security tools and to automate alert triage, investigation, and incident response. Orchestration provides a single pane control of security across an environment, including case and workflow management, investigation, and threat detection.
The market study is being classified, by Application (Threat intelligence, Network forensics, Ticketing solutions, Compliance management and Others) and major geographies with country level break-up.
FireEye, Inc. (United States), Cisco Systems, Inc. (United States), Intel Security (United States), IBM Corporation (United States), Huawei Technologies (China), Hexadite (United States), Phantom Cyber Corporation (United States), Tufin (Israel), Swimlane LLC (United States) and CyberSponse Inc. (United States) are some of the key players profiled in the study.
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Security Orchestration Software market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Security Orchestration Software market by Type, Application and Region.
On the basis of geography, the market of Security Orchestration Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Advantages Such as Immediate and Indistinguishable Access to the Archive Data, and Others
- Rising Security Breaches
Market Trend
- Increasing Adoption of BYOD is Affecting the SMEs
Restraints
- Lack of Awareness About the Security Orchestration Software
Opportunities
- Frequent Changes in Network Infrastructure
- Convergence of Security Analytics to Security Orchestration
Challenges
- Increasing Demand for Cloud Computing
Market Leaders and some development strategies
On January 2020, Fire Eye has acquired Cloudvisory. This acquisition will add cloud workload security capabilities to FireEye Helix, offering customers one integrated security operations platform for cloud and container security
In April 2018, IBM has launched of Intelligent Orchestration with the next-generation of the IBM Resilient Security Orchestration, Automation, and Response (SOAR) Platform
Key Target Audience
Government associations, Research organisations, Software vendors and Others