PUBLISHER: Lucintel | PRODUCT CODE: 1417720
PUBLISHER: Lucintel | PRODUCT CODE: 1417720
Security Automation Trends and Forecast
The future of the global security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets. The global security automation market is expected to reach an estimated $20.5 billion by 2030 with a CAGR of 12.9% from 2024 to 2030. The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time, and growing incidents of phishing emails and ransomware.
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Security Automation by Segment
The study includes a forecast for the global security automation by offering, code type, technology, end use, and region.
List of Security Automation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies security automation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the security automation companies profiled in this report include-
Security Automation Market Insights
Lucintel forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.
Within this market, predictive analytic is expected to witness the highest growth because it helps in recognizing patterns and anomalies in extensive datasets, while enabling security teams to proactively anticipate potential breaches and vulnerabilities.
North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.
Features of the Global Security Automation Market
Market Size Estimates: Security automation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Security automation market size by various segments, such as by offering, code type, technology, end use, and region in terms of value ($B).
Regional Analysis: Security automation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different offerings, code types, technologies, end uses, and regions for the security automation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the security automation market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the security automation market size?
Answer: The global security automation market is expected to reach an estimated $20.5 billion by 2030.
Q2. What is the growth forecast for security automation market?
Answer: The global security automation market is expected to grow with a CAGR of 12.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the security automation market?
Answer: The major drivers for this market are increasing cybersecurity threats and complexity, increasing capability to identify and promptly address security incidents in real-time and growing incidents of phishing emails and ransomware.
Q4. What are the major segments for security automation market?
Answer: The future of the security automation market looks promising with opportunities in the AI & ML, predictive analytics, RPA, and UEBA markets.
Q5. Who are the key security automation market companies?
Answer: Some of the key security automation companies are as follows.
Q6. Which security automation market segment will be the largest in future?
Answer: Lucintel forecasts that solution will remain the larger segment over the forecast period due to broadening product portfolio by various established cybersecurity vendors in the market.
Q7. In security automation market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to rising number of cyberattacks and strong technology ecosystem in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.