Security Automation Market to Hit $16.7B by 2028: AI & ML Leading the Charge

Webersnits07 Feb, 2025News

The global Security Automation Market size is anticipated to grow at a CAGR of 13.4% during the forecast period, from USD 8.9 billion in 2023 to USD 16.7 billion by 2028, according to a new report by MarketsandMarkets™. Due to various business drivers, the security automation market is expected to grow significantly during the forecast period. The market is experiencing significant growth as rising cybersecurity threats and complexity, growing ability to detect and respond to security incidents in real-time. The increasing incidents of phishing emails and ransomware, and need to ensure consistent adherence to security policies and facilitate audit trails is also responsible for driving the market’s growth.