Global Security Orchestration Market
The Global Security Orchestration Market was valued at USD 1,695.25 million in 2016 and is projected to reach USD 6,177.02 million by 2025, growing at a CAGR of 15.45% from 2017 to 2025.
Security orchestration is a method of connecting security tools and integrating disparate security systems. It is the connected layer that streamlines security processes and powers security automation. A security orchestration platform connects the systems, tools, and processes together, and gets more value out of your people, processes, and tools. Security orchestration improves security intelligence, increase security operations efficiency, reduce management complexity.
1. Market Drivers
1.1 Increasing security breaches and incidents
1.2 Convergence of security analytics with security orchestration
1.3 Increasing trend of BYOD in small and medium enterprises
1.4 Rising complexity in network and changes in network infrastructure
2. Market Restraints
2.1 Poor management of security alerts
2.2 Lack of knowledge about advanced cyber threats
2.3 Poor knowledge about security orchestration
The Global Security Orchestration Market is segmented on the application, organization size, component, deployment model, vertical, and region.
1. By Application:
1.1 Compliance management
1.2 Threat intelligence
1.3 Ticketing solutions
1.4 Network forensics
2. By Organization Size:
2.1 Large Companies
2.2 Small and Medium Businesses
3. By Component:
3.2.1 Managed Services
3.2.2 Professional Services
220.127.116.11 Training and education
18.104.22.168 Consulting services
22.214.171.124 Support and maintenance
4. By Deployment Model:
5. By Vertical:
5.2 IT and Telecom
5.3 Banking, Financial Services, and Insurance (BFSI)
5.6 Energy and Utilities
6. By Region:
6.1 North America (U.S., Canada, Mexico)
6.2 Europe (Germany, UK, France, Rest of Europe)
6.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
6.4 Latin America (Brazil, Argentina, Rest of Latin America)
6.5 Middle East & Africa
The major players in the market are as follows:
1. Cisco Systems, Inc.
2. Cybersponse, Inc.
3. Intel Security
4. Swimlane LLC
5. IBM Corporation
6. Phantom Cyber Corporation
7. Huawei Technologies Co. Ltd.
10. Fireeye, Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Security Orchestration Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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