Security Automation Market
Security Automation Market Size, Share & Trends Analysis Report by Deployment (Cloud-Based and On-Premises), by Technology (AI & ML, Predictive Analytics, RPA, and Other), and by End-user (IT and Telecommunication, BFSI, Healthcare, Manufacturing, Government and Defense, and Other) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Security automation market is anticipated to grow at a CAGR of 12.8% during the forecast period (2023-2030). Security Automation is an essential aspect of every industry. Security automation can help organizations improve their security posture by reducing the risk of human error, improving efficiency, and accelerating response times to security incidents, by automating tasks such as gathering evidence and taking corrective actions.
Segmental Outlook
The global security automation market is segmented on deployment, technology, and End-user. Based on the deployment, the market is sub-segmented into cloud-based and on-premises. Based on the technology, the market is sub-segmented into AI & ML, predictive analytics, RPA, and others. Based on End users the market is sub-segmented into IT and telecommunication, BFSI, healthcare, manufacturing, government and defense, and others. Among the End users, the BFSI sub-segment is anticipated to hold a considerable share of the market, Owing to the increasing number of cyber-attacks in the banking sector and the need for better security services in the sector.
The Cloud-based Sub-Segment is Anticipated to Hold a Considerable Share of the Global Security Automation Market
Among the deployment, the cloud-based sub-segment is expected to hold a considerable share of the global security automation market. Cloud security helps to keep data and applications safe from malicious actors, such as hackers, cybercriminals, and foreign governments. Hence, the demand for cloud services is increasing, which leads to increasing product launching and investing activities by the market players. For instance, in April 2023, Caveonix announced its fifth-generation offering, which is designed to provide continuous protection of applications built on containers, cloud-native services, and traditional three-tiered architecture. The next-gen version provides prioritized actionable insights and ensures real-time protection through its unique DefenseBot technology as well as executing policy enforcement for Zero-Trust implementation. This, combined with a shift-left approach for secure DevOps, enables enterprises to manage their security and compliance posture proactively.
Regional Outlook
The global security automation market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America).
Global Security Automation Market Growth, by Region 2023-2030
The North American Region to Witness Considerable Market Share in the Global Security Automation Market
North America is anticipated to contribute to a significant market share attributed to increasing government support and investment in security-related solutions in the region. In August 2023, the White House launched a multimillion-dollar cyber contest to spur the use of AI to find and fix security flaws in US government infrastructure, in the face of the growing use of the technology by hackers for malicious purposes. Also in August 2023, the Biden-Harris Administration in the US launched a new two-year competition that aims to use AI to help protect some of the country's most important software. The 'AI Cyber Challenge' will bring together competitors from across the country to look at how software vulnerability, in areas from critical infrastructure to the code that runs the internet, can be identified and fixed using AI.
The presence of a high number of market players and their investing activities is another factor contributing to the regional growth of the market. For instance, in July 2023, Thales announced that it had reached an agreement with Thoma Bravo, a major software investment firm, for the acquisition of 100% of Imperva, a leading US-based data and application cybersecurity company, for an enterprise value of $3.6 billion. With this acquisition, Thales is taking its cybersecurity business to the next level. Imperva will enable growth in data security and Thales’ entry into the attractive application security market. Thales total cybersecurity business will generate more than $2.5 billion in revenues.
Market Players Outlook
The major companies serving the security automation market include Google LLC, IBM Corp., Microsoft Corp., Exabeam, Inc., Fortinet, Inc., Splunk Inc., VMware, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2023, Splunk Inc. and Microsoft Corp. announced a partnership to build Splunk’s enterprise security and observability offerings on Microsoft Azure. Splunk and Microsoft’s strategic partnership will provide joint customers and partners with advanced digital resilience to help them remain secure and up and running at every step of their cloud journey. It offers organizations flexible deployment options as part of the truly hybrid approach. Within this agreement, Microsoft will collaborate with Splunk to develop a differentiated product offering by leveraging Microsoft Azure for Splunk’s cloud products. This approach will enable joint customers to innovate with confidence and migrate, modernize, and grow environments with end-to-end cloud and hybrid visibility at scale.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global security automation market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Google LLC
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. IBM Corp.
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Microsoft Corp.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Key Strategy Analysis
4. Market Segmentation
4.1. Global Security Automation Market by Deployment
4.1.1. Cloud-Based
4.1.2. On-Premises
4.2. Global Security Automation Market by Technology
4.2.1. AI & ML
4.2.2. Predictive Analytics
4.2.3. RPA
4.2.4. Other (SOAR and XDR)
4.3. Global Security Automation Market by End-user
4.3.1. IT and Telecommunication
4.3.2. BFSI
4.3.3. Healthcare
4.3.4. Manufacturing
4.3.5. Government and Defense
4.3.6. Others (Retail, Education, Energy and Utilities, and Other)
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
5.4.1. Latin America
5.4.2. Middle East and Africa
6. Company Profiles
6.1. Anvilogic
6.2. Check Point Software Technologies, Ltd.
6.3. Cisco Systems, Inc.
6.4. CrowdStrike
6.5. Crowdstrike Crowdstrike
6.6. Cyberark Software, Ltd.
6.7. CyberArk Software, Ltd.
6.8. Cyberbit, Ltd.
6.9. Cyware Labs, Inc.
6.10. D3 Security Management Systems, Inc.
6.11. Devo Technology, Inc.
6.12. Drata, Inc.
6.13. Exabeam, Inc.
6.14. Fortinet, Inc.
6.15. Logrhythm, Inc.
6.16. Palo Alto Networks, Inc.
6.17. Red Hat, Inc.
6.18. Secureworks, Inc.
6.19. Splunk Inc.
6.20. Sumo Logic, Inc.
6.21. Swimlane, Inc.
6.22. Tenable, Inc.
6.23. Trellix, Inc.
6.24. Tufin Software Technologies, Ltd.
6.25. VMware, Inc.
1. GLOBAL SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
2. GLOBAL CLOUD-BASED SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL ON-PREMISES SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
5. GLOBAL SECURITY AUTOMATION IN AI & ML MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL SECURITY AUTOMATION IN PREDICTIVE ANALYTICS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
7. GLOBAL SECURITY AUTOMATION IN RPA MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL SECURITY AUTOMATION IN OTHER TECHNOLOGIES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
10. GLOBAL SECURITY AUTOMATION FOR IT AND TELECOMMUNICATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL SECURITY AUTOMATION FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL SECURITY AUTOMATION FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
13. GLOBAL SECURITY AUTOMATION FOR MANUFACTURING MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL SECURITY AUTOMATION FOR GOVERNMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL SECURITY AUTOMATION FOR OTHER USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. NORTH AMERICAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
18. NORTH AMERICAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
19. NORTH AMERICAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
20. NORTH AMERICAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
21. EUROPEAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
22. EUROPEAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
23. EUROPEAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
24. EUROPEAN SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
25. ASIA-PACIFIC SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
26. ASIA-PACIFIC SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
29. REST OF THE WORLD SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
30. REST OF THE WORLD SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT, 2022-2030 ($ MILLION)
31. REST OF THE WORLD SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY, 2022-2030 ($ MILLION)
32. REST OF THE WORLD SECURITY AUTOMATION MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
1. GLOBAL SECURITY AUTOMATION MARKET SHARE BY DEPLOYMENT, 2022 VS 2030 (%)
2. GLOBAL CLOUD-BASED SECURITY AUTOMATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL ON-PREMISES SECURITY AUTOMATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL SECURITY AUTOMATION MARKET SHARE BY TECHNOLOGY, 2022 VS 2030 (%)
5. GLOBAL SECURITY AUTOMATION IN AI & ML MARKET SHARE BY REGION, 2022 VS 2030 (%)
6. GLOBAL SECURITY AUTOMATION IN PREDICTIVE ANALYTICS MARKET SHARE BY REGION, 2022 VS 2030 (%)
7. GLOBAL SECURITY AUTOMATION IN RPA MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL SECURITY AUTOMATION IN OTHER TECHNOLOGIES MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL SECURITY AUTOMATION MARKET SHARE ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
10. GLOBAL SECURITY AUTOMATION ON BFSI MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL SECURITY AUTOMATION ON IT AND TELECOMMUNICATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL SECURITY AUTOMATION ON HEALTHCARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
13. GLOBAL SECURITY AUTOMATION FOR MANUFACTURING MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL SECURITY AUTOMATION FOR GOVERNMENT MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL SECURITY AUTOMATION FOR OTHER USERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. GLOBAL SECURITY AUTOMATION MARKET SHARE BY REGION, 2022 VS 2030 (%)
17. US SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
18. CANADA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
19. UK SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
20. FRANCE SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
21. GERMANY SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
22. ITALY SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
23. SPAIN SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
24. REST OF EUROPE SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
25. INDIA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
26. CHINA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
27. JAPAN SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
28. SOUTH KOREA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF ASIA-PACIFIC SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
30. LATIN AMERICA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
31. MIDDLE EAST AND AFRICA SECURITY AUTOMATION MARKET SIZE, 2022-2030 ($ MILLION)
