Security Orchestration, Automation and Response Market Size, Statistics and Industry Forecast 2022-2
Sheetal2304 Dec, 2023Technology
According to MarketsandMarkets, Security Orchestration, Automation and Response (SOAR) Market size is expected to grow from an estimated value of USD 1.1 billion in 2022 to USD 2.3 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 15.8% from 2022 to 2027. As SOAR helps security team to fight against alert fatigue, growing incidents of phishing emails and ransomware is driving the market growth.
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