North America Security Automation Market

North America Security Automation Market Size, Share & Industry Trends Analysis Report By Offering, By Code Type (Low Code, No-Code, and Full Code), By Technology, By Application, By Vertical, By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-17770 Publication Date: September-2023 Number of Pages: 230
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Analysis of Market Size & Trends

The North America Security Automation Market would witness market growth of 12.7% CAGR during the forecast period (2023-2030).

Automation of security procedures, apps, and infrastructure involves using technology to carry out tasks with less human intervention. Manually managing security & compliance gets increasingly challenging as infrastructure and networks become increasingly complex. Managing the ever-increasing number of devices interconnected to the web can be difficult as a growing proportion of the workforce is spread or works from home.

Manual procedures may slow the detection and correction of problems in this complex environment, lead to incorrect resource configuration and inconsistent policy application, and leave the systems open to attack and compliance problems. This can result in unanticipated, expensive downtime and generally less functionality. Automation can assist with streamlining daily operations and integrating security into hybrid cloud architectures, IT infrastructure, business processes, and applications (or apps).

Security duties can be performed more quickly and accurately when repetitive and tiresome operations are transformed into customized workflows carried out automatically, on a set timetable, or in response to events. A large amount of staff time can be saved, and the likelihood of mistakes resulting from human error is reduced by dynamically connecting entities in the security policies to external object stores (e.g., Microsoft Active Directory, Cisco ISE). It can reduce pointless enterprise-wide communication and coordination for regular policy updates by assigning policy administration to the appropriate organizational unit.

Security automation vendors in North America continue to invest in research and development to innovate and improve their automation capabilities, making their solutions more attractive to organizations. The regional security automation vendors often collaborate with industry partners, such as managed security service providers (MSSPs) and technology integrators, to expand their reach and offer comprehensive security solutions. Therefore, the region will present lucrative growth opportunities for the market in the coming years.

The US market dominated the North America Security Automation Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,280.5 million by 2030. The Canada market is experiencing a CAGR of 15.2% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 14.2% during (2023 - 2030).

Based on Offering, the market is segmented into Solution, and Services. Based on Solution Deployment Type, the market is segmented into On-premise, and Cloud. Based on Solution Type, the market is segmented into Security Orchestration, Automation & Response (Threat Intelligence Automation, Incident Response Automation, Case Management Automation, and Others), Security Information & Event Management (Real-time Alerting Automation, Log Collection Automation, Incident Prioritization Automation, and Automated Incident Escalation), and Extended Detection & Response (Automated Threat Hunting, Real-time Response Automation, and Automated Compliance Reporting & Others). Based on Code Type, the market is segmented into Low Code, No-Code, and Full Code. Based on Technology, the market is segmented into AI & ML, Predictive Analytics, RPA, User Entity & Behavior Analytics, and Others. Based on Application, the market is segmented into Network Security, Endpoint Security, Incident Response Management, Vulnerability Management, Identity & Access Management, Compliance & Policy Management, and Data Protection & Encryption. Based on Vertical, the market is segmented into BFSI, Government & Defense, Energy & Utilities, Healthcare & Lifesciences, Media & Entertainment, Manufacturing, Retail & eCommerce, IT & ITeS, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

Free Valuable Insights: The Security Automation Market is Predict to reach $21.2 Billion by 2030, at a CAGR of 13.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Palo Alto Networks, Inc., CyberArk Software Ltd., Check Point Software Technologies Ltd., Cisco Systems, Inc., IBM Corporation, Splunk, Inc., VMware, Inc., Crowdstrike Holdings, Inc., Fortinet, Inc. and Trellix (Symphony Technology Group)

Scope of the Study

Market Segments Covered in the Report:

By Offering

  • Solution
    • Solution Deployment Type
      • On-premise
      • Cloud
    • Solution Type
      • Security Orchestration, Automation & Response
        • Threat Intelligence Automation
        • Incident Response Automation
        • Case Management Automation
        • Others
      • Security Information & Event Management
        • Real-time Alerting Automation
        • Log Collection Automation
        • Incident Prioritization Automation
        • Automated Incident Escalation
      • Extended Detection & Response
        • Automated Threat Hunting
        • Real-time Response Automation
        • Automated Compliance Reporting & Others
  • Services

By Code Type

  • Low Code
  • No-Code
  • Full Code

By Technology

  • AI & ML
  • Predictive Analytics
  • RPA
  • User Entity & Behavior Analytics
  • Others

By Application

  • Network Security
  • Endpoint Security
  • Incident Response Management
  • Vulnerability Management
  • Identity & Access Management
  • Compliance & Policy Management
  • Data Protection & Encryption

By Vertical

  • BFSI
  • Government & Defense
  • Energy & Utilities
  • Healthcare & Lifesciences
  • Media & Entertainment
  • Manufacturing
  • Retail & eCommerce
  • IT & ITeS
  • Others

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Palo Alto Networks, Inc.
  • CyberArk Software Ltd.
  • Check Point Software Technologies Ltd.
  • Cisco Systems, Inc.
  • IBM Corporation
  • Splunk, Inc.
  • VMware, Inc.
  • Crowdstrike Holdings, Inc.
  • Fortinet, Inc.
  • Trellix (Symphony Technology Group)
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