Report Details:
15 Companies Covered
200 Pages
Rising Cybersecurity Threats and Automation Demand to Propel the Global Security Orchestration Automation and Response (SOAR) Market at a CAGR of 10.52% During the Forecast Period 2025 to 2035
Market Research Future (MRFR) has published a cooked research report on the “Global Security Orchestration Automation and Response (SOAR) Market” that contains information from 2019 to 2035. The Security Orchestration Automation and Response (SOAR) Market is estimated to register a CAGR of 10.52% during the forecast period of 2025 to 2035.
MRFR recognizes the following companies as the key players in the Global Security Orchestration Automation and Response (SOAR) Market — IBM, Demisto, Cyberbit, FireEye, Palo Alto Networks, Rapid7, Fortinet, SailPoint, Splunk, Centrify, ServiceNow, LogRhythm, SonicWall, Swimlane, and Siemplify.
Security Orchestration Automation and Response (SOAR) Market Highlights
The Global Security Orchestration Automation and Response (SOAR) Market is accounted for to register a CAGR of 10.52% during the forecast period and is estimated to reach USD 8.27 Billion by 2035, up from USD 2.75 Billion in 2024.
The market is primarily driven by the rising frequency and sophistication of cyber threats, increasing regulatory compliance requirements, and the growing demand for operational efficiency in security operations. Organizations across industries are recognizing the critical need for advanced solutions that automate repetitive security tasks, streamline threat detection, and accelerate incident response.
With the growing shift toward cloud-based environments, enterprises are increasingly adopting SOAR platforms to ensure integrated and comprehensive protection across hybrid and multi-cloud infrastructures. This trend has been bolstered by the rapid adoption of artificial intelligence (AI) and machine learning (ML) technologies, which enhance predictive threat analysis and enable real-time, automated responses.
The BFSI sector remains one of the leading adopters of SOAR solutions, as it faces mounting regulatory scrutiny and the constant threat of cyberattacks targeting sensitive financial data. Similarly, industries such as healthcare, IT & telecommunications, and government are leveraging SOAR to improve threat response agility and compliance efficiency.
MRFR's research shows that companies that use SOAR solutions have seen their mean time to respond (MTTR) to security incidents drop by as much as 80%. This shows how useful automation can be in modern cybersecurity frameworks.
Segment Analysis
The Global Security Orchestration Automation and Response (SOAR) Market has been segmented based on Deployment Mode, Solution Type, End Use Sector, Organization Size, and Region.
By Deployment Mode:
The Cloud-Based segment dominated the market in 2024, valued at USD 1.32 Billion, and is projected to reach USD 8.27 Billion by 2035 due to its scalability and ease of integration. On-Premises deployment, valued at USD 1.1 Billion in 2024, continues to appeal to industries with stringent data security and compliance requirements such as BFSI and healthcare. The Hybrid deployment mode, estimated at USD 0.89 Billion in 2024, is gaining traction as organizations seek the flexibility of cloud with the control of on-premises systems.
By Solution Type:
The market is categorized into Security Automation, Incident Response, and Threat Intelligence. The Security Automation segment is projected to grow significantly due to its ability to eliminate repetitive manual tasks, reduce human error, and accelerate detection. Incident Response solutions continue to be integral, enabling organizations to efficiently manage and contain security breaches. Threat Intelligence tools are increasingly integrated within SOAR platforms to deliver actionable insights and enhance proactive defense mechanisms.
By End Use Sector:
The BFSI sector held the largest market share in 2024, driven by its need to safeguard critical financial data and meet regulatory requirements. The Healthcare sector is projected to witness the fastest growth, as SOAR tools are increasingly adopted to protect patient data and ensure compliance with health information security standards. Other prominent sectors include IT & Telecom, Government, and Retail, each leveraging SOAR to streamline threat mitigation and provide operational resilience.
By Organization Size:
Large Enterprises currently dominate the market, given their higher cybersecurity budgets and complex IT environments. However, Small and Medium Enterprises (SMEs) are emerging as a rapidly growing segment, adopting scalable SOAR solutions to enhance their cybersecurity posture cost-effectively.
Region Analysis
By Region, the Global Security Orchestration Automation and Response (SOAR) Market is segmented into North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.
North America held the largest market share in 2024, valued at USD 1.114 Billion, driven by advanced cybersecurity infrastructure, the presence of leading market players, and stringent data protection regulations.
Europe followed with USD 0.806 Billion, propelled by increasing compliance mandates such as GDPR and heightened focus on securing digital ecosystems.
Asia-Pacific emerged as the fastest-growing region, valued at USD 0.622 Billion in 2024, and projected to experience robust growth through 2035 due to rapid digital transformation, rising cyber threats, and government initiatives supporting cybersecurity.
South America and the Middle East & Africa are witnessing gradual adoption, supported by growing awareness of cybersecurity risks and investments in digital infrastructure.
Key Findings of the Study
- The Global Security Orchestration Automation and Response (SOAR) Market is expected to reach USD 8.27 Billion by 2035, growing at a CAGR of 10.52% during the forecast period.
- North America accounted for the largest market share in 2024, while Asia-Pacific is projected to be the fastest-growing region.
- Based on Deployment Mode, the Cloud-Based segment dominated the market in 2024 and will continue to lead through 2035.
- Based on Solution Type, the Security Automation segment held the largest market share, driven by the growing need to streamline security operations.
- Based on End Use Sector, the BFSI segment was the largest in 2024, while the Healthcare segment is expected to witness the fastest growth.
- IBM, Demisto, Cyberbit, FireEye, Palo Alto Networks, Rapid7, Fortinet, SailPoint, Splunk, Centrify, ServiceNow, LogRhythm, SonicWall, Swimlane, and Siemplify are identified as the key market players driving technological innovation and global market expansion.
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