Global Security Orchestration Market, Emergen Research’s most recent market research report, includes an estimated market size and share, current industry trends, global market growth rates, main market competitors, key drivers and opportunities, challenges, and product segmentation. Cost structure, market size, the level of competition, a product’s features and portfolio, and business profiles
The global security orchestration market size was USD 2.43 Billion in 2021 and is expected to register a revenue CAGR of 16.52% during the forecast period, according to latest analysis by Emergen Research. Increasing popularity of Bring Your Own Devices (BYOD) in organizations is a major factor driving market revenue growth. Introduction of remote working options for employees owing to COVID-19 and BYOD rules has helped many firms to adopt security orchestration successfully. It is expected that over 80% of businesses will have BYOD rules in place by 2022, while 76% of workers reportedly use their personal cell phones for work. However, despite the widespread use of BYOD policy, only about 33% of businesses have made it necessary for employees devices to be recognized with IT to install security software. Such factors are expected to drive revenue growth of the market.
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Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Security Orchestration market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Security Orchestration market and pinpoint the fundamental growth trends.
The leading market contenders listed in the report are:
IBM, Cisco System Inc., DXC Technology Company, RSA Security LLC, FireEye, Swimlane, Tufin, Palo Alto Networks, Accenture, and SIRP Labs
Global Security Orchestration Market Highlights:
Regional demand estimation and forecast
Product Mix Matrix
R&D Analysis
Cost-Benefit Analysis
Pre-commodity pricing volatility
Supply chain optimization analysis
Technological updates analysis
Raw Material Sourcing Strategy
Competitive Analysis
Mergers & Acquisitions
Location Quotients Analysis
Carbon Footprint Analysis
Patent Analysis
Vendor Management
Key Parameters Analyzed in This Section:
Company Profiles
Gross Revenue
Profit margins
Product sales trends
Product pricing
Industry Analysis
Sales & distribution channels
Regional Segmentation:
North America
Latin America
Europe
Middle East & Africa
Asia Pacific
Key Points Covered in This Section:
Regional contribution
Estimated revenue generation
Vital data and information about the consumption rate in all the leading regional segments
An expected rise in market share
Forecast growth in the overall consumption rate
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Some Key Highlights From the Report
The Small and Medium Enterprises (SMEs) segment is expected to account for largest revenue share during the forecast period due to increasing technological improvements, application evolution, and organizational networks. This makes it difficult for security employees to understand the network and safety environment, which promotes cyber intrusions.
The IT and telecom segment is expected to account for a rapid revenue share due to rising demand for security orchestrations to increase food security. The telecom industry is moving swiftly due to increasing need for digitization and push of new innovative providers and business models.
The North America market accounted for largest revenue share in 2021 due to rising incidences of cyber-attacks. Security orchestration assists companies in improving response activities for cyber-attacks based on evaluation of their protective actions and risk posture.
Market Overview:
The report bifurcates the Security Orchestration market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2019–2030)
Software
Services
Consulting
Training and Education
Support and Maintenance
Organization Size Outlook (Revenue, USD Billion; 2019–2030)
Large Enterprises
Small and Medium Enterprises (SMEs)
Deployment Outlook (Revenue, USD Billion; 2019–2030)
Cloud
On-Premises
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Key reasons to buy the Global Security Orchestration Market report:
The latest report comprehensively studies the global Security Orchestration market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
The report offers an insightful analysis of the regional outlook of the market.
It offers a detailed account of the end-use applications of the products services offered by this industry.
The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
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