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Press release content from Business Wire. The AP news staff was not involved in its creation.

Global Security Orchestration & Automation Response (SOAR) Market, Forecast to 2021 - ResearchAndMarkets.com

November 29, 2019

DUBLIN--(BUSINESS WIRE)--Nov 29, 2019--

The “Global Security Orchestration and Automation Response Market, Forecast to 2021” report has been added to ResearchAndMarkets.com’s offering.

This study on the global market for SOAR solutions provides detailed insights into key market trends, risk posture, market dynamics, and vendor dynamics in this market.

The SOAR market is in the early growth stage, owing to the niche nature of these solutions. Yet, it is predicted that enterprise adoption will record double-digit growth rates during the forecast period.

The presence of large volume of sensitive data and the need for cyber resiliency drives adoption in the financial services and healthcare verticals. Large enterprises feel a greater need for real-time security posture visibility. The presence of disparate departments and processes makes security orchestration an essential concept in large enterprises.

Market Summary

Growing volume and complexity of data breaches force enterprises to invest in many point solutions to reduce vulnerability. Information security analysts often do not have the required bandwidth to handle the huge volume of data generated by each of these tools. The situation is further complicated by the widening gap between the demand and supply of cyber security talent.

The security orchestration and automation response (SOAR) platform ties together various IT and security tools to give a bird’s eye view of network security events. Further, these solutions take off a huge volume of workload from security analysts by automating repetitive manual tasks.

Research Scope

Geographical Analysis

Market Forecasts

Insights Included

Key Issues Addressed

Key Topics Covered

1. Executive Summary

2. Research Scope

3. Market Definitions

4. Market Dynamics

5. Market Size and Forecast

6. Competitor Analysis

7. Insights for CISOs

8. Growth Opportunities and Companies to Action

9. The Last Word

For more information about this report visit https://www.researchandmarkets.com/r/h1ds7f

View source version on businesswire.com:https://www.businesswire.com/news/home/20191129005183/en/

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PUB: 11/29/2019 06:32 AM/DISC: 11/29/2019 06:32 AM