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Security Orchestration Market Evolving Latest Trends to Lead Global Industry by 2024

Zion Market Research, the market research group announced the analysis report titled "Security Orchestration Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024"


Sarasota, FL -- (SBWIRE) -- 09/15/2017 -- Global Security Orchestration Market: Overview

The method of connecting all the security tools together and integrating the disparate security systems is known as security orchestration. It acts as a bridge that connects the power security automation and the security processes. In other words, security orchestration can be defined as an approach that automatically responds to security related events and protects the systems in the organizations from vulnerabilities and cyber attacks. The security vendors are trying to develop their orchestration platforms in order to provide advanced security to the critical business applications owing to the rise in the cyber attacks on the market.

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Global Security Orchestration Market: Segmentation

The global security orchestration market is segmented into its component, application, deployment mode, organization size, vertical and the regions. On the basis of the component, the market is divided into two categories solution and services. Further, the services of the security orchestration market are sub-segmented into professional services, training, and education, managed services, consulting services and support and maintenance. Based on the application, the security orchestration market is segregated into threat intelligence, ticketing solutions, network forensics, compliance management and others. The deployment mode of the security orchestration market is divided into two categories, on-premises and cloud. Similarly, the organization size is also divided into two categories large enterprises and small and medium enterprise. On the basis of the vertical, the security orchestration market is classified into energy and utilities, healthcare, IT and telecom, BFSI, government, retail and others. The security orchestration market is further diversified into various regions such as Asia Pacific, North America, Europe, Latin America and the Middle East and Africa.

Global Security Orchestration Market: Growth Factors

The major factors that are driving the security orchestration market are the increasing security breaches and incidents, growth in the BYOD trend and the rapid development and deployment of the cloud-based solutions. The threats in the global market are ever growing and are becoming more and more dangerous, which hampers the growing business and harming the critical data. Owing to all these reasons, the enterprises are deploying the orchestration solutions to detect and protect the networks from data breaches and threats. The segment that is expected to drive the security orchestration market is the network forensics as the demand for the network forensics is increasing due to more companies adopting the technique to monitor and manage their computer network traffic. The other segment that is driving the market growth is the BFSI vertical owing to the online bank transactions. The government sector contributes a large share in the security and orchestration market growth as it consists of very critical and sensitive data, which needs to be protected.

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Global Security Orchestration Market: Regional Analysis

Almost every region has implemented the technique of security orchestration as every country deals with the problems related to security and the need to secure their data. But among these, North America dominates the security orchestration market owing to the existence of a large number of vendors across the region. The Asia-Pacific region has increased growth opportunities owing to a large number of SMEs in the region that are turning their focus towards security orchestration solutions in order to protect and secure them against the cyber threats.

Global Security Orchestration Market: Competitive Players

The major market players in the security and orchestration market include FireEye, Inc., Hexadite, Intel Security, Huawei Technologies, Phantom Cyber Corporation, CyberSponse Inc., Ayehu Software Technologies, Ltd., Cisco Systems, Inc., IBM Corporation, Tufin, Swimlane LLC and Optiv Security Inc.

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