Security automation market
The value of the global security automation market was 9.1 billion dollars in 2023, and it is estimated to reach 26.6 billion dollars by 2032, showing an annual growth rate of 12.2 % from 2024 to 2032.
The cloud computing model is widely used due to its strong and adaptive structure. Many companies turn cloud solutions to simplify the storage of data since they provide a remote online online, as well as unlimited computing capacity.
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Moreover, the presence of a cloud -based structure enables companies to monitor all their applications by providing very difficult analyzes that work in the background. However, the high adoption of the cloud has increased the number of electronic attacks. This enhances the demand for the discovery of the real -time threat between institutions, thus pushing the growth of the security automation market.
Providing regulatory standards such as GDP, CCPA, PCI DSS and HIPAA for institutions to use strong security measures to secure sensitive data and compliance. Safety automation simplifies compliance efforts by automating security controls, reviews, and reporting procedures. In addition, the threat scene is always changing, as attackers use increasingly complex ways to circumvent standard safety protection. Security automation enables institutions to quickly respond to new threats by automating detection, investigation, and reaction to security incidents in actual time. These factors contribute to the continuous growth of the global security automation market.
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Likewise, cloud computing, Internet of Things, BYOD and hybrid information technology bases have increased complicated information and security infrastructure management. Here, safety automation gives institutions the ability to expand and lightly the movement they need to secure complex and dynamic information technology systems efficiently. Moreover, it helps institutions reduce their operational cost by automating manual and repeated tasks. This enables institutions to increase their efficiency and reduce manual errors.
Modern development:
1. On May 6, 2024, Swimlane LLC announced a security automation market. The Swimlane Market is designed to enable institutions to automate safety operations through commercial operations.
2. On March 13, 2024, Stellar Cyber ​​and Torq announced their partnership to develop a platform for automatic safety operations. The partnership aims to provide security teams through institutions that turn into integrated solutions to simplify their security operations.
3. On February 27, 2024, NTT Data Group Corporation announced its partnership with Swimlane LLC to automate security. This partnership aims to enhance the capabilities of the NTT Security Center (SOC).
4. On June 6, 2023, Palo Alto networks, in partnership with Cortex, announced the launch of Expander 2.2, which merges the capabilities of artificial intelligence to improve modern SOC to change security operations across institutions.
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Regional expectations
According to the region, the security automation market is analyzed throughout North America, Europe, Asia, the Pacific and Lamea. North America acquired the highest shares in 2023. North America has an appropriate infrastructure due to the presence of major sellers in countries such as the United States and Canada, which leads to the continuous development of advanced security solutions that integrate technologies such as artificial intelligence, ML, ML, and analyzes Prediction.
The main industry players: –
Palo Alto networks
Examination
Red hat
Cisco Systems Inc
IBM Company
Fortinite
Microsoft Corporation
Secureworks
D3 security
Crowdstrike
The report provides a detailed analysis of these main sellers in the global safety automation market. These players have adopted different strategies such as new development, cooperation, expansion, joint projects, agreements, and others to increase their market share and maintain dominant stocks in different regions. This report is valuable in highlighting the performance of business, operating slides, wallets, and strategic movements of market sellers to highlight the competitive scenario.
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