Global Security Orchestration Automation and Response (SOAR) Market Size, Share & Industry Analysis Report By Deployment Mode (Cloud, and On-premise), By Component (Solution, and Services), By Application, By Organization Size (Large Enterprises, and Smal

The Global Security Orchestration Automation and Response (SOAR) Market size is expected to reach $5.73 billion by 2032, rising at a market growth of 16.1% CAGR during the forecast period.

In the context of network forensics, SOAR platforms assist in collecting and analyzing network traffic data to reconstruct and understand the sequence of events leading to security incidents. Automated workflows help in correlating logs, identifying anomalies, and pinpointing the origin and progression of attacks. Thus, the network forensics segment recorded 18% revenue share security orchestration automation and response (SOAR) market in 2024. SOAR’s ability to rapidly orchestrate forensic data gathering supports faster root cause analysis and strengthens post-incident investigations, which is essential for threat mitigation and recovery.

The major strategies followed by the market participants are Mergers & Acquisition as the key developmental strategy to keep pace with the changing demands of end users. For instance, In December, 2024, Cisco Systems, Inc. acquired SnapAttack, a threat detection company, to enhance Splunk's security capabilities. SnapAttack's platform offers detection engineering, threat hunting, and SIEM migration. The acquisition will improve visibility, detection engineering, and SIEM modernization, helping organizations stay ahead of emerging threats. Additionally, In September, 2024, Palo Alto Networks, Inc. acquired IBM’s QRadar SaaS assets, enhancing its security platform with Precision AI-powered Cortex XSIAM. This acquisition simplifies security operations by integrating tools like SIEM, SOAR, ASM, and XDR. The aquisition offers seamless migration services and advanced AI analytics to improve threat detection and response for customers.

COVID 19 Impact Analysis

During the initial phases of the COVID-19 pandemic, the SOAR market experienced moderate disruptions due to the widespread shift in organizational priorities. Many companies, especially small and medium-sized enterprises, temporarily delayed their security infrastructure upgrades, including the adoption of SOAR platforms. Budget reallocations toward immediate operational continuity and remote work technologies took precedence over long-term automation and orchestration initiatives. Thus, the COVID-19 pandemic had a mild negative impact on market.

Market Growth Factors

The modern cyber threat landscape is rapidly evolving. Organizations today are bombarded with an overwhelming number of security alerts generated by intrusion detection systems (IDS), firewalls, antivirus programs, and endpoint detection tools. This alert fatigue is made worse by the complexity of threats, which increasingly use advanced techniques such as polymorphic malware, fileless attacks, credential stuffing, and multi-stage infiltration. In conclusion, the increasing frequency, complexity, and destructiveness of cyber threats are compelling enterprises to adopt SOAR solutions to defend their digital assets efficiently and proactively.

Additionally, the cybersecurity industry faces a persistent and growing talent shortage. Despite a global rise in cyber threats, there simply aren’t enough trained professionals to fill the demand. According to multiple industry surveys, millions of cybersecurity roles remain unfilled globally, a gap that is especially pronounced in small and mid-sized enterprises that cannot match the salaries or benefits offered by large corporations or government agencies. To sum up, SOAR solutions offer a practical and scalable remedy to the global cybersecurity talent shortage by automating routine tasks and preserving institutional knowledge.

Market Restraining Factors

However, one of the most significant restraints facing the SOAR market is the high cost of initial deployment and integration, especially for small and mid-sized enterprises. Implementing a SOAR platform typically requires substantial investment in both software licensing and hardware infrastructure (if not cloud-based), in addition to the human resources needed to design, configure, and maintain the system. Unlike plug-and-play cybersecurity tools, SOAR platforms often necessitate a longer setup timeline due to their highly customizable nature. In summary, the high initial investment and ongoing operational complexity of SOAR platforms pose a significant barrier to market growth, particularly among cost-sensitive and resource-constrained organizations.

Value Chain Analysis

The value chain of the Security Orchestration, Automation, and Response (SOAR) Market begins with Tech Research & Vendor Development, where solutions are conceptualized and vendors are evaluated. Next, Integration & Connectivity ensures seamless linking with SIEM, threat intelligence, and other tools. In Playbook & Use-Case Development, workflows are designed for automated incident handling. Deployment & Proof-of-Concept (PoC) validates system performance in real-world environments. Operational Automation & Response enables real-time threat mitigation. This is followed by Monitoring & Continuous Optimization to refine performance. Finally, the Community & Feedback Loop fosters updates and informs future Tech Research & Vendor Development initiatives.

Deployment Outlook

Based on deployment mode, the security orchestration automation and response (SOAR) market is characterized into cloud and on-premise. The on-premise segment procured 38% revenue share in the security orchestration automation and response (SOAR) market in 2024. The on-premise segment continues to hold a substantial share in the SOAR market, particularly among organizations with strict regulatory or security requirements. This deployment mode offers direct control over data, infrastructure, and system configurations, which is often preferred in sectors such as government, banking, and defense.

Component Outlook

On the basis of component, the security orchestration automation and response (SOAR) market is classified into solution and services. The solution segment acquired 72% revenue share in the security orchestration automation and response (SOAR) market in 2024. The solution segment comprises the core software platforms that enable the automation and orchestration of security operations. These platforms are designed to integrate with various security tools, aggregate alerts from multiple sources, prioritize threats, and execute predefined response playbooks.

Application Outlook

By application, the security orchestration automation and response (SOAR) market is divided into incident response, threat intelligence, network forensics, compliance, and others. The incident response segment witnessed 37% revenue share in the security orchestration automation and response (SOAR) market in 2024. Incident response represents a core application area within the SOAR market. SOAR platforms are widely used to automate and coordinate responses to cybersecurity incidents, reducing response times and minimizing the impact of breaches.

Organization Outlook

Based on organization size, the security orchestration automation and response (SOAR) market is segmented into large enterprises and small & medium enterprises. The small & medium enterprises segment acquired 47% revenue share in the security orchestration automation and response (SOAR) market in 2024. The small and medium enterprises segment has shown strong adoption of SOAR solutions, driven by the need to enhance cybersecurity efficiency with limited resources. SMEs often operate with smaller security teams and tighter budgets, making automation a critical asset for managing threats effectively.

Vertical Outlook

On the basis of vertical, the security orchestration automation and response (SOAR) market is segmented into BFSI, IT & telecom, retail & e-commerce, healthcare, manufacturing, government, education, and others. The BFSI segment attained 21% revenue share in the security orchestration automation and response (SOAR) market in 2024. The banking, financial services, and insurance (BFSI) sector forms a vital segment of the market due to its high sensitivity to data breaches, financial fraud, and regulatory compliance.

Regional Outlook

Region-wise, the security orchestration automation and response (SOAR) market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North America segment recorded 41% revenue share in the security orchestration automation and response (SOAR) market in 2024. North America represents a leading region in the SOAR market, underpinned by the presence of advanced cybersecurity infrastructure, large-scale enterprises, and prominent technology providers. Organizations in this region are early adopters of security automation tools, driven by rising cybersecurity threats and regulatory frameworks such as HIPAA, SOX, and CCPA.

Recent Strategies Deployed in the Market

• Mar-2025: Cisco Systems, Inc. announced the partnership with Safe Security, a Cybersecurity and Digital Business Risk Quantification (CRQ) space leader to enhance AI-driven cyber risk management for enterprises. By integrating Safe Security's solutions with Cisco’s security platforms, organizations gain real-time insights into cyber risks, combining financial risks with cybersecurity signals. Key features include improved visibility via Cisco XDR and future integration with Splunk Cloud.
• Apr-2023: Cisco Systems, Inc. unveiled a new XDR solution to detect advanced cyber threats and automate responses, enhancing security across hybrid, multi-vendor environments. The solution prioritizes incidents and provides rapid remediation. Additionally, Cisco is adding advanced MFA features to Duo, improving access management by enforcing stronger authentication and device verification.
• May-2024: Palo Alto Networks, Inc. announced the partnership with IBM, a technology company to provide AI-powered security solutions. IBM will integrate Palo Alto Networks' platforms, including Cortex XSIAM and Prisma SASE 3.0, for advanced threat protection and zero-trust security in hybrid cloud and AI environments.
• Sep-2023: Cisco Systems, Inc. acquired Splunk, a software company, aiming to enhance security and resilience with AI-driven solutions. The deal will create a global leader in security and observability, accelerating Cisco's transformation toward recurring revenue and driving growth.
• Apr-2023: Cisco Systems, Inc. unveiled a new XDR solution to detect advanced cyber threats and automate responses, enhancing security across hybrid, multi-vendor environments. The solution prioritizes incidents and provides rapid remediation. Additionally, Cisco is adding advanced MFA features to Duo, improving access management by enforcing stronger authentication and device verification.
• Apr-2023: IBM Corporation unveiled the QRadar Security Suite, a unified platform designed to accelerate threat detection and response. The suite integrates EDR/XDR, SIEM, SOAR, and cloud-native log management, utilizing AI and automation to improve analyst efficiency. It reduces alert triage time, enhancing security operations across hybrid cloud environments.

List of Key Companies Profiled

• IBM Corporation
• Palo Alto Networks, Inc.
• Microsoft Corporation
• Rapid7, Inc.
• ServiceNow, Inc.
• Google LLC (Alphabet Inc.)
• Fortinet, Inc.
• SentinelOne, Inc.
• AT&T, Inc.
• Cisco Systems, Inc.

Global Security Orchestration Automation and Response (SOAR) Market Report Segmentation

By Deployment Mode

• Cloud
• On-premise

By Component

• Solution
• Services

By Application

• Incident Response
• Threat Intelligence
• Network Forensics
• Compliance
• Other Application

By Organization Size

• Large Enterprises
• Small & Medium Enterprises

By Vertical

• BFSI
• IT & Telecom
• Retail & E-commerce
• Healthcare
• Manufacturing
• Government
• Education
• Other Vertical

By Geography

• North America

US

Canada

Mexico

Rest of North America

• Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

• Asia Pacific

China

Japan

India

South Korea

Australia

Malaysia

Rest of Asia Pacific

• LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA