Europe Security Orchestration Automation and Response (SOAR) Market By Component (Software and Services) By Application (Threat Intelligence, Incident Management, Network Forensics, Workflow Management, Compliance Management and Others) By Deployment Type (On-Premise and Cloud) By Organization Size (Large Enterprises and Small & Medium Enterprises) By End User (BFSI, Retail & Consumer Goods, Government, Energy & Utilities, Healthcare, Telecom & IT and Others)

Analysis of Market Size & Trends

The Europe Security Orchestration Automation and Response (SOAR) Market would witness market growth of 15.4% CAGR during the forecast period (2019-2025). To provide a full panorama of a company's security posture, the SOC of the future must look through several information sources, gravity wells, and hybrid clouds. Companies look for suppliers who recognize this new architectural strategy and build cloud-conscious solutions for tomorrow, not those which are tight in an on-site past. SOAR resilient platform V32.3 offers restructured ordering solutions on Cloud and SOAR resilient platform, offering more features. These extended offers allow the organization to acquire features based on business needs with the possibility of adding capabilities in a cost-effective way when required.

SOAR is offered by cyber security providers as a platform or solution. The platform allows organizations to gather information from different sources and react from a single system to security operations. The SOAR platform enables distinct solutions to integrate and automate duties through workflows across products while also enabling human intervention. In government or private organizations, implementing these alternatives is performed to handle security alerts and prevent further cyber-attacks. As the level of sophistication in cyber-attack vectors increases, organizations adopt security services to tackle rising risks in a threat landscape that is constantly evolving.

Click Here For Free Insights

Based on Component, the market is segmented into Software and Services. Based on Application, the market is segmented into Threat Intelligence, Incident Management, Network Forensics, Workflow Management, Compliance Management and Others. Based on Deployment Type, the market is segmented into On-Premise and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on End User, the market is segmented into BFSI, Retail & Consumer Goods, Government, Energy & Utilities, Healthcare, Telecom & IT and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, FireEye, Inc., Cisco Systems, Inc., Palo Alto Networks, Inc. (Demisto, Inc.), Rapid7, Inc., Splunk, Inc., Swimlane LLC, ThreatConnect, Inc.,LogRhythm, Inc. and Tufin, Inc.

Scope of the Security Orchestration Automation and Response (SOAR) Market Analysis

Market Segmentation:

By Component

• Software
• Services

By Application

• Threat Intelligence
• Incident Management
• Network Forensics
• Workflow Management
• Compliance Management
• Others

By Deployment Type

• On Premise
• Cloud

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By End User

• BFSI
• Retail and Consumer Goods
• Government
• Energy & Utilities
• Healthcare
• Telecom & IT
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Companies Profiled

• IBM Corporation
• FireEye, Inc.
• Cisco Systems, Inc.
• Palo Alto Networks, Inc. (Demisto, Inc.)
• Rapid7, Inc.
• Splunk, Inc.
• Swimlane LLC
• ThreatConnect, Inc.
• LogRhythm, Inc.
• Tufin, Inc.