The global Security Automation Market size is expected to reach USD 22.92 billion by 2030, growing at a CAGR of 14.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. This growth is driven by increasing cybersecurity threats, technological advancements in AI, ML, and big data, and stringent regulatory compliance requirements. The rising adoption of cloud services necessitates robust security automation, while the proliferation of IoT devices and the demand for endpoint and network security further boost the market. Organizations are increasingly investing in automated security solutions for cost efficiency, operational benefits, and enhanced threat detection and mitigation capabilities.
The
increasing integration of security automation with DevOps (DevSecOps) ensures
consistent security throughout the software development lifecycle. Automated
security solutions enhance incident response capabilities, providing faster
detection and mitigation of security breaches. These solutions offer
scalability and flexibility, accommodating the expanding needs of organizations
and new technologies. Enhanced threat intelligence features provide real-time
data on emerging threats, aiding in proactive risk management. Automation
reduces human error in security operations, ensuring more accurate threat
detection and response. As businesses are digitally transforming, incorporating
AI, IoT, and blockchain, the need for automated security measures is becoming
essential.
Security
automation is bridging gaps by enabling faster threat investigations and
responses, eliminating prolonged monitoring processes. It centralizes threat
detection and response with precise data, supporting security leaders in
maintaining watch. Automation fosters a mature security framework, aligning
tools with required security levels and ensuring immediate threat response.
Tools such as SOAR, SIEM, and XDR automate workflows and create low-code
scripts for targeted threat responses. Integrating AI with security systems
enhances automated security measures, enabling advanced face detection and
smart malware detection. AI-driven systems predict and prevent new attacks,
securing IoT networks and supporting business growth. Thus, applications and
tools will become more interconnected, streamlining processes and workflows.
List
of Key Players in Security Automation Market
- Cisco
Systems, Inc.
- CrowdStrike
- CyberArk
Software Ltd.
- IBM
Corporation
- Palo Alto
Networks
- Red Hat, Inc.
- Secureworks,
Inc.
- Splunk Inc.
- Swimlane Inc.
- Tufin
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summary: Security Automation Market Report
Security
Automation Market Report Highlights
- Based on
solutions, the SOAR segment led the market, and accounted for
over 56% of global revenue in 2023. SOAR solutions improve threat
detection, response, and remediation processes. By automating these
functions, organizations can manage and mitigate threats more efficiently
and effectively
- Based on
application, the endpoint security segment held the largest revenue share
in the security automation market in 2023. The increasing number of
connected devices, including smartphones, tablets, laptops, and IoT
devices, expands the attack surface that organizations need to protect.
Endpoint security solutions help safeguard these devices from various
threats
- Based on code
type, the full code segment held the largest market revenue share in 2023.
Full code solutions offer greater flexibility and customization, which are
essential for addressing complex security challenges and integrating with
existing IT infrastructure.
- Based on
vertical, the BFSI segment dominated the market revenue in 2023. Security
automation solutions help BFSI organizations enhance their cybersecurity
posture, streamline compliance processes, and mitigate risks more
effectively
Security Automation Market Report
Scope
|
Report Attribute |
Details |
|
Market
size value in 2024 |
USD 10.45
billion |
|
Revenue
forecast in 2030 |
USD 22.92
billion |
|
Growth
rate |
CAGR of
14.0% from 2024 to 2030 |
|
Base year
for estimation |
2023 |
|
Historical data |
2017 - 2022 |
|
Forecast period |
2024 - 2030 |
Related
Press Release @ Security Automation Industry Analysis
Security
Automation Market Segmentation
Grand
View Research has segmented the global security automation market based on offering,
deployment mode, application, code type, vertical, technology, and region:
Security
Automation Offering Outlook (Revenue, USD Billion, 2017 - 2030)
- Solutions
- SOAR
- SIEM
- XDR
- Services
- Professional
Services
- Managed
Services
Security
Automation Deployment Mode Outlook (Revenue, USD Billion, 2017 - 2030)
- Cloud
- On-Premises
Security
Automation Application Outlook (Revenue, USD Billion, 2017 - 2030)
- Network
Security
- Intrusion
Detection & Prevention System
- Firewall
Management
- Network
Access Control
- Network Traffic
Analysis
- Others
- Endpoint
Security
- Threat
Detection and Prevention
- Malware
Detection and Protection
- Configuration
Management
- Phishing and
Email Protection
- Others
- Incident
Response Management
- Incident
Triage and Escalation
- Incident
Categorization and Prioritization
- Workflow
Orchestration
- Evidence
Gathering
- Others
- Vulnerability
Management
- Vulnerability
Scanning and Assessment
- Prioritization
- Vulnerability
Remediation and Ticketing
- Patch
Management and Remediation
- Others
- Identity
& Access Management
- User
Provisioning and Deprovisioning
- Single Sign
On (SSO)
- Multi-Factor
Authentication
- Access
Policy Enforcement
- Others
- Compliance
& Policy Management
- Automated
Compliance Auditing
- Policy
Enforcement Automation
- Regulatory
Compliance Reporting
- Audit Trail
Generation
- Others
- Data
Protection & Encryption
- Encryption
Key Management
- File and
Database Encryption
- Data Loss
Prevention
- Others
Security
Automation Code Type Outlook (Revenue, USD Billion, 2017 - 2030)
- Low Code
- No Code
- Full Code
Security
Automation Vertical Outlook (Revenue, USD Billion, 2017 - 2030)
- BFSI
- Manufacturing
- Media &
Entertainment
- Healthcare
& Life Sciences
- Energy &
Utilities
- Government
& Defense
- Retail &
E-commerce
- IT & ITES
- Others
Security
Automation Technology Outlook (Revenue, USD Billion, 2017 - 2030)
- AI & ML
- Predictive
Analytics
- Robotic
Process Automation (RPA)
- User &
Entity Behavior Analytics (UEBA)
- Others
Security
Automation Regional Outlook (Revenue, USD Billion, 2017 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- Latin America
- Brazil
- MEA
- UAE
- South Africa
- KSA
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
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Grand View Research, Inc
Phone: 1-415- 349-0058
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Email: sales@grandviewresearch.com
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