Home Press Release Global Security Automation Market Grows at a Staggering CAGR of 13.2%

Global Security Automation Market Grows at a Staggering CAGR of 13.2%

Introduction

Security automation involves using technology to manage and address security tasks and incidents autonomously, minimizing the need for manual intervention. This approach integrates various tools and systems to optimize routine security processes such as threat detection, incident response, vulnerability management, and compliance reporting. By automating these security functions, organizations can enhance efficiency, reduce human error, and improve the speed and consistency of their responses to security events.

The global security automation market is expanding rapidly as businesses seek faster and more effective ways to detect and mitigate cyber threats. With increasing reliance on technology, organizations face growing concerns about data security. Many companies are adopting automated security solutions to bolster their protection, reduce manual workloads, and enhance accuracy. With the rise of ransomware and data breaches, robust security systems have become essential. Automation’s ability to provide real-time alerts about potential threats further drives market growth, and this trend is expected to continue in the coming years.

Market Dynamics

Increasing volume of cyber threats and attacks drives the market

Cybercrime is evolving unprecedentedly, with cybercriminals employing more advanced tactics such as data breaches, ransomware, and phishing attacks. This surge in cyberattacks places immense pressure on organizations to protect sensitive data. As the frequency and sophistication of these attacks grow, companies increasingly turn to security automation to respond to incidents and proactively defend against breaches. By implementing automation, businesses can accelerate threat detection and mitigation, reducing the operational impact of cyberattacks and ensuring data integrity.

  • Cybercrime is projected to cost the global economy $10.5 trillion by 2025, growing annually by 15%, as reported by Cybersecurity Ventures.

Growing demand for cybersecurity in small and medium enterprises (SMEs) creates tremendous opportunities

While large enterprises have historically been the primary adopters of cybersecurity solutions, small and medium-sized enterprises (SMEs) are becoming more frequent targets for cybercriminals. Due to limited resources, SMEs often face challenges in implementing comprehensive cybersecurity measures, leaving them vulnerable to cyberattacks. This gap presents an opportunity for security automation companies to offer affordable, scalable, and easy-to-deploy solutions designed for SMEs. These businesses can benefit from automation tools that help them monitor and respond to threats, safeguard sensitive data, and meet regulatory compliance requirements without needing extensive in-house security teams.

  • According to CISA, small and medium businesses (SMBs) are three times more likely to be targeted by cybercriminals than large organizations, with the total cost of cybercrimes affecting SMBs reaching $2.4 billion in 2021.

Regional Analysis

North America, particularly the United States, is a dominant player in the security automation market, driven by technological leadership, high cybersecurity awareness, and strong demand from industries for automated solutions. The growing frequency and complexity of cyberattacks in North America, including ransomware, data breaches, and advanced persistent threats (APTs), have significantly boosted the demand for automation tools.

  • The U.S. Department of Homeland Security (DHS) has actively supported initiatives to strengthen the nation’s cybersecurity posture. The DHS collaborates with the private sector and issues guidelines on how organizations can effectively implement security automation to address the increasing number of cyber threats targeting government agencies, critical infrastructure, and businesses.

As cyber threats continue to evolve, the demand for security automation solutions is set to rise, with both large enterprises and SMEs recognizing the critical importance of proactive, automated security measures to protect their systems and data.

Key Highlights

  • The global security automation market size was worth USD 8.6 billion in 2024 and is estimated to reach an expected value of USD74 billion in 2025 to USD 26.25 billion by 2033, growing at a CAGR of 13.2 % during the forecast period (2025-2033).
  • Based on offerings, the global market is divided intosolutions (SOAR, SIEM, XDR) and services (professional services, managed services). The solution segment owns the highest market share.
  • Based on technology, the global market is divided into AI & ML predictive analytics, RPA, UEBA, and other technologies.The AI & ML predictive analytics segment owns the highest market share.
  • Based on application, the global market is divided into network security, endpoint security, incident response management, vulnerability management, and others. The network security segment owns the highest market share.
  • Based on verticals, the global market is divided intoBFSI, manufacturing media & entertainment, healthcare & life sciences, energy & utilities, government & defense, retail & eCommerce, IT & ITES, and other verticals. BFSI segment owns the highest market share.
  • Based on region, the market is analyzed across North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. North America is the dominant region with a significant market share.

Competitive Players

  1. Palo Alto Networks
  2. Splunk
  3. CyberArk
  4. Check Point
  5. CrowdStrike
  6. Red Hat
  7. Cisco
  8. Carbon Black
  9. Swimlane
  10. IBM

Recent Developments

  • In September 2024, Tata Consultancy Services (TCS) extended its partnership with Google Cloud to introduce two AI-powered cybersecurity solutions. This collaboration will enhance cyber resilience for enterprises across industries by leveraging domain-focused innovation and advanced technologies from TCS and Google Cloud to effectively address evolving and advanced cybersecurity threats.
  • In February 2024, NTT DATA collaborates with Swimlane to expand its global cybersecurity services portfolio. Through the partnership, the SOC solutions provided by NTT DATA are reinforced and offer customized, AI-driven security automation expertise for different industries and geographies within the context of its New Global Cybersecurity Strategy.

Segmentation

  1. By Offerings
    1. Solutions
      1. SOAR
      2. SIEM
      3. XDR
    2. Services
      1. Professional Services
      2. Managed Services
  2. By Technology
    1. AI & ML
    2. Predictive Analytics
    3. RPA
    4. UEBA
    5. Other Technologies
  3. By Application
    1. Network Security
    2. Endpoint Security
    3. Incident Response Management
    4. Vulnerability Management
    5. Others
  4. By Vertical
    1. BFSI
    2. Manufacturing
    3. Media & Entertainment
    4. Healthcare & Life Sciences
    5. Energy & Utilities
    6. Government & Defense
    7. Retail & eCommerce
    8. IT & ITES
    9. Other Verticals
  5. By Regions
    1. North America
    2. Europe
    3. Asia-Pacific
    4. Latin America
    5. The Middle East and Africa

Want to see full report on
Security Automation Market

Related Reports

WhatsApp
Chat with us on WhatsApp