Security Automation Trends and Forecast
The future of the global security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets. The global security automation market is expected to reach an estimated $20.5 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time, and growing incidents of phishing emails and ransomware.Security Automation by Segment
The study includes a forecast for the global security automation by offering, code type, technology, end use, and region.Security Automation Market by Offering [Shipment Analysis by Value from 2018 to 2030]
- Solution
- Services
Security Automation Market by Code Type [Shipment Analysis by Value from 2018 to 2030]
- Low-Code
- No-Code
- Full-Code
Security Automation Market by Technology [Shipment Analysis by Value from 2018 to 2030]
- AI & ML
- Predictive Analytics
- RPA
- UEBA
- Others
Security Automation Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- BFSI
- Manufacturing
- Media & Entertainment
- Healthcare & Life Sciences
- Energy & Utilities
- Government & Defense
- Retail & Ecommerce
- Others
Security Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Security Automation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies security automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the security automation companies profiled in this report include-- Palo Alto Networks
- Splunk
- CyberArk
- Check Point
- CrowdStrike
Security Automation Market Insights
The publisher forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.Within this market, predictive analytic is expected to witness the highest growth because it helps in recognizing patterns and anomalies in extensive datasets, while enabling security teams to proactively anticipate potential breaches and vulnerabilities.
North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.
Features of the Global Security Automation Market
- Market Size Estimates: Security automation market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Security automation market size by various segments, such as by offering, code type, technology, end use, and region in terms of value ($B).
- Regional Analysis: Security automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different offerings, code types, technologies, end uses, and regions for the security automation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the security automation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the security automation market size?Answer: The global security automation market is expected to reach an estimated $20.5 billion by 2030.
Q2. What is the growth forecast for security automation market?
Answer: The global security automation market is expected to grow with a CAGR of 12.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the security automation market?
Answer: The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time and growing incidents of phishing emails and ransomware.
Q4. What are the major segments for security automation market?
Answer: The future of the security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets.
Q5. Who are the key security automation market companies?
Answer: Some of the key security automation companies are as follows:
- Palo Alto Networks
- Splunk
- CyberArk
- Check Point
- CrowdStrike
Answer: The publisher forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.
Q7. In security automation market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the security automation market by offering (solution and services), code type (low-code, no-code, and full-code), technology (AI & ML, predictive analytics, RPA, UEBA, and others), end use (BFSI, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, government & defense, retail & ecommerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Security Automation Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Palo Alto Networks
- Splunk
- CyberArk
- Check Point
- CrowdStrike
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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