DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Security Orchestration Market - Global Forecast to 2021" report to their offering.
The security orchestration market size is estimated to grow from USD 826.1 million in 2016 to USD 1682.4 million by 2021, at Compound Annual Growth Rate (CAGR) of 15.3%.
The security orchestration market is driven by factors such as rise in security breaches & incidents, dramatic growth in the BYOD trend affecting Small and Medium Enterprises (SMEs), and rapid deployment & development of cloud-based solutions. Whereas, high cost of fraud detection and prevention solutions may restrict market growth and lack of awareness of advanced cyber threats may limit the growth of the security orchestration market.
APAC includes emerging economies, such as China, Australia, Singapore, and India, which are rapidly deploying security orchestration solutions. APAC is expected to grow at the highest CAGR during the forecast period. This is mainly due to the rise in cyber-attacks in verticals such as BFSI, government, IT telecom, energy & utilities, healthcare, and retail with the growing volume of sensitive data and transactions. Furthermore, North America is expected to have the largest market size in 2016.
- Cisco Systems, Inc.
- Cybersponse, Inc.
- Fireeye, Inc.
- Huawei Technologies Co. Ltd.
- IBM Corporation
- Intel Security
- Phantom Cyber Corporation
- Swimlane LLC
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Security Orchestration Market Analysis, By Component
8 Security Orchestration Market Analysis, By Application Area
9 Security Orchestration Market Analysis, By Deployment Type
10 Security Orchestration Market Analysis, By End-User
11 Security Orchestration Market Analysis, By Vertical
12 Geographic Analysis
13 Competitive Landscape
14 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/vgh4dk/security