Global Security Automation Market Growth, Size, Trends Analysis - By Offering, By Technology, By Deployment Mode, By Application, By Vertical - Regional Outlook, Competitive Strategies and Segment Forecast to 2034
Description
Security Automation Market Introduction and Overview
According to SPER Market Research, the Global Security Automation Market is estimated to reach USD 40.21 billion by 2034 with a CAGR of 14.23%.
The report includes an in-depth analysis of the Global Security Automation Market, including market size and trends, product mix, Applications, and supplier analysis. The global security automation market was projected to reach USD 10.63 billion in 2024, with an anticipated growth rate of 14.23% CAGR from 2025 to 2034. This growth is primarily attributed to the rising frequency and complexity of cyber-attacks, which are prompting organizations to implement advanced security automation solutions to safeguard sensitive data. Furthermore, stringent regulatory compliance mandates and the increasing adoption of IoT and cloud services are driving the demand for robust security measures.
By Offering Insights
The solutions segment of the market led in revenue for 2024, primarily due to its strong threat detection and response features, automation, efficiency, scalability, and compatibility with existing security systems. In comparison, the services segment is expected to grow rapidly as organizations face challenges implementing advanced security solutions like SOAR, SIEM, and XDR in their IT environments. Professional services providers help with design, deployment, configuration, and customization to meet specific business and industry needs, making security automation more effective. There is also a growing demand for managed security services (MSS) as organizations look to outsource security tasks and focus on their core operations.
By Technology Insights
The AI and ML segment held the largest market revenue share in 2024, thanks to its sophisticated abilities in threat detection and predictive analytics. AI and ML technologies continuously monitor network traffic and user behavior to spot suspicious activities in real time and respond proactively to potential threats. These technologies analyze past security data to identify and reduce emerging risks. Additionally, User Behavior & Entity Behavior Analytics (UEBA) are set to grow significantly as they enhance advanced threat detection by examining user and entity behavior patterns. By identifying deviations from expected behavior, UEBA solutions can promptly alert organizations to suspicious activities and unauthorized access.
By Deployment Mode Insights
In 2024, the cloud segment held the largest market revenue share, showing the significance of cloud-based security automation solutions. These solutions offer scalability and flexibility, allowing organizations to respond to changing demands easily. Cloud-based systems reduce costs by removing the need for upfront hardware investments and offering pay-as-you-go pricing. They enable quick implementation and configuration of security tools, improving response times to threats. Conversely, the on-premises segment is expected to see growth as industries such as government, healthcare, and finance favor these solutions to maintain data control and meet regulatory requirements. Organizations with sensitive data also prefer on-premises solutions to address security and privacy risks associated with the cloud.
By Application Insights
The endpoint security segment dominated the market in 2024 as endpoints are major entry points for cyber threats. Automating security for various applications is essential due to their proliferation, with continuous monitoring and quick threat detection becoming necessary. Automation also integrates well with DevOps practices, ensuring security measures are implemented throughout the software development process. Additionally, the incident response management segment is set for significant growth, addressing the urgent need for effective incident response capabilities. Security automation aids in fast detection and response, reducing the impact of security incidents and minimizing the dwell time of attackers. It also streamlines routine tasks, allowing security teams to focus on more complex issues. Automated solutions help manage large numbers of security alerts efficiently, facilitating compliance with regulations.
By Vertical Insights
The BFSI (Banking, Financial Services, and Insurance) segment led market revenues in 2024, following strict regulatory compliance needs. Organizations in this sector utilize security automation to maintain continuous monitoring, efficient incident response, and compliance reporting, protecting vast amounts of sensitive data from breaches. Automation helps these organizations proactively identify vulnerabilities and respond to threats swiftly. The healthcare and life sciences segment is also expected to grow due to rising cybersecurity threats against valuable patient data. As this industry rapidly digitizes and embraces IoT devices, security automation becomes crucial for protecting digital infrastructure and monitoring vulnerabilities, ensuring robust access controls, encryption, and data loss prevention measures to safeguard patient information.
Regional Insights
In 2024, the North American security automation sector held a significant share of the global market, largely due to its advanced technological infrastructure, particularly in the U.S. and Canada, which facilitates swift adoption across various industries. The high prevalence of cyber threats in this region intensifies the need for effective security solutions, as organizations prioritize the protection of their data and infrastructure. Additionally, considerable investments in research and development by leading security technology firms in North America further stimulate innovation and the deployment of state-of-the-art security automation tools.
Market Competitive Landscape
The security automation market is characterized by intense competition, fueled by rapid technological advancements and escalating cyber threats. Major players are employing strategic mergers, acquisitions, partnerships, and collaborations to enhance their market presence and broaden their product offerings. Mergers and acquisitions enable companies to integrate innovative technologies, improve capabilities, and realize economies of scale. Market leaders are concentrating on providing comprehensive platforms that incorporate Security Orchestration, Automation, and Response (SOAR), Endpoint Detection and Response (EDR), and Identity Access Management (IAM).
Recent Developments:
December 2024: AWS has declared the general availability of AWS Security Incident Response, a novel service designed to assist organizations in preparing for, responding to, and recovering from security incidents. This service provides automated monitoring and investigation of security findings.
September 2024- Tata Consultancy Services (TCS) has broadened its collaboration with Google Cloud to launch two AI-driven cybersecurity solutions. This partnership aims to bolster cyber resilience for businesses across various sectors by utilizing domain-specific innovation and advanced technologies from TCS and Google Cloud to effectively tackle evolving and sophisticated cybersecurity threats.
February 2024- NTT DATA has partnered with Swimlane to enhance its global cybersecurity services portfolio. This collaboration strengthens the SOC solutions offered by NTT DATA, providing tailored, AI-driven security automation expertise for diverse industries and regions within the framework of its New Global Cybersecurity Strategy.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Offering, By Technology, By Deployment Mode, By Application, By Vertical
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
CyberArk Software Ltd, CrowdStrike, Cisco Systems, Inc, Palo Alto Networks, IBM Corporation, Red Hat, Inc, Secureworks, Inc, Splunk Inc, Swimlane Inc, Tufin.
Key Topics Covered in the Report
Global Security Automation Market Size (FY’2021-FY’2034)
Overview of Global Security Automation Market
Segmentation of Global Security Automation Market By Offering (Solutions, Services)
Segmentation of Global Security Automation Market By Technology (AI & ML, Predictive Analytics, Robotic Process Automation, User & Entity Behaviour Analytics, Others)
Segmentation of Global Security Automation Market By Deployment Mode (Cloud, On-premises)
Segmentation of Global Security Automation Market By Application (Network Security, Endpoint Security, Incident Response Management, Vulnerability Management, Identity and Access Management, Compliance and Policy Management, Data Protection and Encryption, Others)
Segmentation of Global Security Automation Market By Vertical (BFSI, Manufacturing, Media & Entertainment, Healthcare & Life Sciences, Energy & Utilities, Government & Defence, Retail & E-commerce, IT & ITES, Others)
Statistical Snap of Global Security Automation Market
Expansion Analysis of Global Security Automation Market
Problems and Obstacles in Global Security Automation Market
Competitive Landscape in the Global Security Automation Market
Details on Current Investment in Global Security Automation Market
Competitive Analysis of Global Security Automation Market
Prominent Players in the Global Security Automation Market
SWOT Analysis of Global Security Automation Market
Global Security Automation Market Future Outlook and Projections (FY’2025-FY’2034)
Recommendations from Analyst
According to SPER Market Research, the Global Security Automation Market is estimated to reach USD 40.21 billion by 2034 with a CAGR of 14.23%.
The report includes an in-depth analysis of the Global Security Automation Market, including market size and trends, product mix, Applications, and supplier analysis. The global security automation market was projected to reach USD 10.63 billion in 2024, with an anticipated growth rate of 14.23% CAGR from 2025 to 2034. This growth is primarily attributed to the rising frequency and complexity of cyber-attacks, which are prompting organizations to implement advanced security automation solutions to safeguard sensitive data. Furthermore, stringent regulatory compliance mandates and the increasing adoption of IoT and cloud services are driving the demand for robust security measures.
By Offering Insights
The solutions segment of the market led in revenue for 2024, primarily due to its strong threat detection and response features, automation, efficiency, scalability, and compatibility with existing security systems. In comparison, the services segment is expected to grow rapidly as organizations face challenges implementing advanced security solutions like SOAR, SIEM, and XDR in their IT environments. Professional services providers help with design, deployment, configuration, and customization to meet specific business and industry needs, making security automation more effective. There is also a growing demand for managed security services (MSS) as organizations look to outsource security tasks and focus on their core operations.
By Technology Insights
The AI and ML segment held the largest market revenue share in 2024, thanks to its sophisticated abilities in threat detection and predictive analytics. AI and ML technologies continuously monitor network traffic and user behavior to spot suspicious activities in real time and respond proactively to potential threats. These technologies analyze past security data to identify and reduce emerging risks. Additionally, User Behavior & Entity Behavior Analytics (UEBA) are set to grow significantly as they enhance advanced threat detection by examining user and entity behavior patterns. By identifying deviations from expected behavior, UEBA solutions can promptly alert organizations to suspicious activities and unauthorized access.
By Deployment Mode Insights
In 2024, the cloud segment held the largest market revenue share, showing the significance of cloud-based security automation solutions. These solutions offer scalability and flexibility, allowing organizations to respond to changing demands easily. Cloud-based systems reduce costs by removing the need for upfront hardware investments and offering pay-as-you-go pricing. They enable quick implementation and configuration of security tools, improving response times to threats. Conversely, the on-premises segment is expected to see growth as industries such as government, healthcare, and finance favor these solutions to maintain data control and meet regulatory requirements. Organizations with sensitive data also prefer on-premises solutions to address security and privacy risks associated with the cloud.
By Application Insights
The endpoint security segment dominated the market in 2024 as endpoints are major entry points for cyber threats. Automating security for various applications is essential due to their proliferation, with continuous monitoring and quick threat detection becoming necessary. Automation also integrates well with DevOps practices, ensuring security measures are implemented throughout the software development process. Additionally, the incident response management segment is set for significant growth, addressing the urgent need for effective incident response capabilities. Security automation aids in fast detection and response, reducing the impact of security incidents and minimizing the dwell time of attackers. It also streamlines routine tasks, allowing security teams to focus on more complex issues. Automated solutions help manage large numbers of security alerts efficiently, facilitating compliance with regulations.
By Vertical Insights
The BFSI (Banking, Financial Services, and Insurance) segment led market revenues in 2024, following strict regulatory compliance needs. Organizations in this sector utilize security automation to maintain continuous monitoring, efficient incident response, and compliance reporting, protecting vast amounts of sensitive data from breaches. Automation helps these organizations proactively identify vulnerabilities and respond to threats swiftly. The healthcare and life sciences segment is also expected to grow due to rising cybersecurity threats against valuable patient data. As this industry rapidly digitizes and embraces IoT devices, security automation becomes crucial for protecting digital infrastructure and monitoring vulnerabilities, ensuring robust access controls, encryption, and data loss prevention measures to safeguard patient information.
Regional Insights
In 2024, the North American security automation sector held a significant share of the global market, largely due to its advanced technological infrastructure, particularly in the U.S. and Canada, which facilitates swift adoption across various industries. The high prevalence of cyber threats in this region intensifies the need for effective security solutions, as organizations prioritize the protection of their data and infrastructure. Additionally, considerable investments in research and development by leading security technology firms in North America further stimulate innovation and the deployment of state-of-the-art security automation tools.
Market Competitive Landscape
The security automation market is characterized by intense competition, fueled by rapid technological advancements and escalating cyber threats. Major players are employing strategic mergers, acquisitions, partnerships, and collaborations to enhance their market presence and broaden their product offerings. Mergers and acquisitions enable companies to integrate innovative technologies, improve capabilities, and realize economies of scale. Market leaders are concentrating on providing comprehensive platforms that incorporate Security Orchestration, Automation, and Response (SOAR), Endpoint Detection and Response (EDR), and Identity Access Management (IAM).
Recent Developments:
December 2024: AWS has declared the general availability of AWS Security Incident Response, a novel service designed to assist organizations in preparing for, responding to, and recovering from security incidents. This service provides automated monitoring and investigation of security findings.
September 2024- Tata Consultancy Services (TCS) has broadened its collaboration with Google Cloud to launch two AI-driven cybersecurity solutions. This partnership aims to bolster cyber resilience for businesses across various sectors by utilizing domain-specific innovation and advanced technologies from TCS and Google Cloud to effectively tackle evolving and sophisticated cybersecurity threats.
February 2024- NTT DATA has partnered with Swimlane to enhance its global cybersecurity services portfolio. This collaboration strengthens the SOC solutions offered by NTT DATA, providing tailored, AI-driven security automation expertise for diverse industries and regions within the framework of its New Global Cybersecurity Strategy.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Offering, By Technology, By Deployment Mode, By Application, By Vertical
Regions covered
North America, Latin America, Asia-Pacific, Europe, and Middle East & Africa
Companies Covered
CyberArk Software Ltd, CrowdStrike, Cisco Systems, Inc, Palo Alto Networks, IBM Corporation, Red Hat, Inc, Secureworks, Inc, Splunk Inc, Swimlane Inc, Tufin.
Key Topics Covered in the Report
Global Security Automation Market Size (FY’2021-FY’2034)
Overview of Global Security Automation Market
Segmentation of Global Security Automation Market By Offering (Solutions, Services)
Segmentation of Global Security Automation Market By Technology (AI & ML, Predictive Analytics, Robotic Process Automation, User & Entity Behaviour Analytics, Others)
Segmentation of Global Security Automation Market By Deployment Mode (Cloud, On-premises)
Segmentation of Global Security Automation Market By Application (Network Security, Endpoint Security, Incident Response Management, Vulnerability Management, Identity and Access Management, Compliance and Policy Management, Data Protection and Encryption, Others)
Segmentation of Global Security Automation Market By Vertical (BFSI, Manufacturing, Media & Entertainment, Healthcare & Life Sciences, Energy & Utilities, Government & Defence, Retail & E-commerce, IT & ITES, Others)
Statistical Snap of Global Security Automation Market
Expansion Analysis of Global Security Automation Market
Problems and Obstacles in Global Security Automation Market
Competitive Landscape in the Global Security Automation Market
Details on Current Investment in Global Security Automation Market
Competitive Analysis of Global Security Automation Market
Prominent Players in the Global Security Automation Market
SWOT Analysis of Global Security Automation Market
Global Security Automation Market Future Outlook and Projections (FY’2025-FY’2034)
Recommendations from Analyst
Table of Contents
244 Pages
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Global Earthmoving Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Earthmoving Equipment Market
- 7. Global Earthmoving Equipment Market, By Product (USD Million) 2021-2034
- 7.1. Excavators
- 7.2. Loaders
- 7.3. Backhoes
- 7.4. Compaction Equipment
- 7.5. Others
- 8. Global Earthmoving Equipment Market, By Application (USD Million) 2021-2034
- 8.1. Construction
- 8.2. Underground mining
- 8.3. Surface mining
- 9. Global Earthmoving Equipment Market, (USD Million) 2021-2034
- 9.1. Global Earthmoving Equipment Market Size and Market Share
- 10. Global Earthmoving Equipment Market, By Region, (USD Million) 2021-2034
- 10.1. Asia-Pacific
- 10.1.1. Australia
- 10.1.2. China
- 10.1.3. India
- 10.1.4. Japan
- 10.1.5. South Korea
- 10.1.6. Rest of Asia-Pacific
- 10.2. Europe
- 10.2.1. France
- 10.2.2. Germany
- 10.2.3. Italy
- 10.2.4. Spain
- 10.2.5. United Kingdom
- 10.2.6. Rest of Europe
- 10.3. Middle East and Africa
- 10.3.1. Kingdom of Saudi Arabia
- 10.3.2. United Arab Emirates
- 10.3.3. Qatar
- 10.3.4. South Africa
- 10.3.5. Egypt
- 10.3.6. Morocco
- 10.3.7. Nigeria
- 10.3.8. Rest of Middle-East and Africa
- 10.4. North America
- 10.4.1. Canada
- 10.4.2. Mexico
- 10.4.3. United States
- 10.5. Latin America
- 10.5.1. Argentina
- 10.5.2. Brazil
- 10.5.3. Rest of Latin America
- 11. Company Profile
- 11.1. Volvo Construction Equipment
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. CASE Construction Equipment
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. Caterpillar Inc
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Komatsu Ltd
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Liebherr Group
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Bobcat Company
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. LCB
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Doosan Infracore Co., Ltd
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. SANY Group
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. XCMG Group
- 11.10.1. Company details
- 11.10.2. Financial outlook
- 11.10.3. Product summary
- 11.10.4. Recent developments
- 11.11. Others
- 12. Conclusion
- 13. List of Abbreviations
- 14. Reference Links
Pricing
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