North America 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 North America Security Orchestration Automation and Response (SOAR) Market would witness market growth of 14.8% CAGR during the forecast period (2019-2025). The market is witnessing a steady growth pace in this region due to extensive participation of developed and developing economies. Players across the region are competing to enhance their ability to deliver new and advanced products in the market. For example, Rapid7 acquired NetFort in April 2019, which NetForts network monitoring, visibility and analytics capabilities into its Insight cloud in order to deliver a unique combination of network visibility, security analytics, and orchestration and automation capabilities.

The three most significant capacities of security orchestration, automation, and response technologies are threat and vulnerability management, response to security incidents, and automation of security operations. Threat and vulnerability management techniques support vulnerability remediation. They provide formalized capacity for workflow, reporting and collaboration. Security response technologies help an organization react to a security incident plans, manages, tracks and coordinates. Security operations automation promotes workflows, procedures, policy execution and reporting automation and orchestration.

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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 U.S., Mexico, Canada, and Rest of North America.

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

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

• US
• Canada
• Mexico
• Rest of North America

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.