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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.
Security Automation Market by Offering [Shipment Analysis by Value from 2018 to 2030]:
• Solution
• Services
Security Automation Market by Code Type [Shipment Analysis by Value from 2018 to 2030]:
• Low-Code
• No-Code
• Full-Code
Security Automation Market by Technology [Shipment Analysis by Value from 2018 to 2030]:
• AI & ML
• Predictive Analytics
• RPA
• UEBA
• Others
Security Automation Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• BFSI
• Manufacturing
• Media & Entertainment
• Healthcare & Life Sciences
• Energy & Utilities
• Government & Defense
• Retail & Ecommerce
• Others
Security Automation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
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-
• Palo Alto Networks
• Splunk
• CyberArk
• Check Point
• CrowdStrike
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:
• Palo Alto Networks
• Splunk
• CyberArk
• Check Point
• CrowdStrike
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.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the security automation market by offering (solution and services), code type (low-code, no-code, and full-code), technology (AI & ML, predictive analytics, RPA, UEBA, and others), end use (BFSI, manufacturing, media & entertainment, healthcare & life sciences, energy & utilities, government & defense, retail & ecommerce, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Security Automation Market, Security Automation Market Size, Security Automation Market Growth, Security Automation Market Analysis, Security Automation Market Report, Security Automation Market Share, Security Automation Market Trends, Security Automation Market Forecast, Security Automation Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Security Automation Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Security Automation Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Security Automation Market by Offering
3.3.1: Solution
3.3.2: Services
3.4: Global Security Automation Market by Code Type
3.4.1: Low-Code
3.4.2: No-Code
3.4.3: Full-Code
3.5: Global Security Automation Market by Technology
3.5.1: AI & ML
3.5.2: Predictive Analytics
3.5.3: RPA
3.5.4: UEBA
3.5.5: Others
3.6: Global Security Automation Market by End Use
3.6.1: BFSI
3.6.2: Manufacturing
3.6.3: Media & Entertainment
3.6.4: Healthcare & Life Sciences
3.6.5: Energy & Utilities
3.6.6: Government & Defense
3.6.7: Retail & eCommerce
3.6.8: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Security Automation Market by Region
4.2: North American Security Automation Market
4.2.2: North American Security Automation Market by Technology: AI & ML, Predictive Analytics, RPA, UEBA, and Others
4.3: European Security Automation Market
4.3.1: European Security Automation Market by Offering: Solution and Services
4.3.2: European Security Automation Market by Technology: AI & ML, Predictive Analytics, RPA, UEBA, and Others
4.4: APAC Security Automation Market
4.4.1: APAC Security Automation Market by Offering: Solution and Services
4.4.2: APAC Security Automation Market by Technology: AI & ML, Predictive Analytics, RPA, UEBA, and Others
4.5: ROW Security Automation Market
4.5.1: ROW Security Automation Market by Offering: Solution and Services
4.5.2: ROW Security Automation Market by Technology: AI & ML, Predictive Analytics, RPA, UEBA, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Security Automation Market by Offering
6.1.2: Growth Opportunities for the Global Security Automation Market by Code Type
6.1.3: Growth Opportunities for the Global Security Automation Market by Technology
6.1.4: Growth Opportunities for the Global Security Automation Market by End Use
6.1.5: Growth Opportunities for the Global Security Automation Market by Region
6.2: Emerging Trends in the Global Security Automation Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Security Automation Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Security Automation Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Palo Alto Networks
7.2: Splunk
7.3: CyberArk
7.4: Check Point
7.5: CrowdStrike
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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