Global Security Orchestration Automation and Response (SOAR) Market is predicted to reach USD 6.14 billion at a CAGR of 12.1% during the forecast period

Market Research Future (MRFR) has published a cooked research report on the “Global Security Orchestration Automation and Response (SOAR) Market” that contains information from 2023 to 2032. The Global Security Orchestration Automation and Response (SOAR) Market is estimated to register a CAGR of 12.1% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the Global Security Orchestration Automation and Response (SOAR) Market— Cisco Systems Inc, IBM Corporation, FireEye Inc, Swimlane LLC, Palo Alto Networks, Rapid7, Splunk Inc, gRhythm Inc, DFLabs, Cyberbit, CyberSponse, and Revelstoke.

Market Highlights

Global Security Orchestration Automation and Response (SOAR) Market is accounted to register a CAGR of 12.1% during the forecast period and is estimated to reach USD 6.14 Billion by 2032.

Security Orchestration, Automation, and Response (SOAR) refers to a comprehensive cybersecurity approach that integrates people, processes, and technology to enhance the efficiency and effectiveness of an organization's incident response and threat management. SOAR platforms enable the automation of repetitive tasks, the orchestration of complex security workflows, and the integration of various security tools and systems, aiming to streamline and accelerate incident detection, analysis, and response. By combining threat intelligence, automation, and case management, SOAR solutions enable security teams to identify and address security incidents more rapidly, reduce manual intervention, improve collaboration, and ultimately strengthen the overall security posture of an organization.

Segment Analysis

The Global Security Orchestration Automation and Response (SOAR) Market has been segmented based on Component, Application, Organization Size, and Verticals.

Based on the Component, the market is segmented into Platform and Service. The dominance of the Platform category in the Security Orchestration Automation and Response (SOAR) market is attributed to its central role in providing a unified and versatile framework for integrating security tools, automating workflows, and orchestrating responses to effectively manage and mitigate cybersecurity threats.

Based on Application, the market is segmented into SOC Optimization, Network Forensics, Threat Intelligence, Compliance Management, and Others. The dominance of the SOC Optimization category in the Security Orchestration Automation and Response (SOAR) market is attributed to its capacity to streamline and enhance the operational efficiency of Security Operations Centers by integrating automation, orchestration, and incident management for more effective threat detection and response.

Based on Organization Size, the market is segmented into Small-Medium Enterprises and Large Enterprise. The dominance of the Small-Medium Enterprises category in the IPaaS market is attributed to its agility, cost-effectiveness, and ability to empower smaller businesses with seamless integration solutions to improve operational workflows and connectivity.

Based on Vertical, the market is segmented into Banking, Financial Services, Insurance, IT & Telecom, Government, Energy and Utilities, Healthcare, retail, and Others. The dominance of the Banking category in the IPaaS market is attributed to its reliance on integrated systems to ensure secure and efficient data flow across diverse financial processes and services.

Regional Analysis

The Global Security Orchestration Automation and Response (SOAR) Market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of US and Canada. The Europe Global Security Orchestration Automation and Response (SOAR) Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Security Orchestration Automation and Response (SOAR) Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Security Orchestration Automation and Response (SOAR) Market comprises of Middle East, Africa, and Latin America.

The North American market for Security Orchestration Automation and Response (SOAR) is poised for dominance, attributed to substantial investments by countries and companies to combat cyber-attacks. Furthermore, the region's adoption of novel and advanced technologies is expected to further propel market expansion.

In Europe, the Security Orchestration Automation and Response (SOAR) market secures the second-largest market share, primarily driven by the increasing enterprise demand within managed security services providers to adhere to government regulations. Notably, the German SOAR market boasts the largest market share, while the UK SOAR market demonstrates the most rapid growth within the European region.

Key Findings of the Study

• The Global Security Orchestration Automation and Response (SOAR) Market is expected to reach USD 6.14 Billion by 2032, at a CAGR of 12.1% during the forecast period.


• The North American Security Orchestration Automation and Response (SOAR) market is poised for dominance, propelled by substantial investments by countries and corporations to counter cyber threats. Additionally, the proliferation of novel and innovative technologies is set to amplify market expansion within this region.


• Based on the Application, the Market has been segmented into SOC Optimization holding the largest market in 2023.


• Cisco Systems Inc, IBM Corporation, FireEye Inc, Swimlane LLC, Palo Alto Networks, Rapid7, Splunk Inc, gRhythm Inc, DFLabs, Cyberbit, CyberSponse, and Revelstoke.