The Asia Pacific Security Automation Market would witness market growth of 14.3% CAGR during the forecast period (2023-2030).
The widening cybersecurity skills gap continually drives the need for automated threat detection and response methods. Organizations are becoming increasingly interested in security orchestration, automation, and response (SOAR) due to its ability to reduce alert fatigue, automate tedious jobs, and streamline threat detection and response procedures. Automating several activities, such as alert sharing, threat detection, and recording sources of cyber threats, enables businesses to concentrate on complex and significant risks that need more work and time. The SOAR solution uses the information gathered to activate playbooks that automate response tasks.
A dearth of skilled cybersecurity personnel makes it difficult for businesses to hire talent. Security automation tools can help bridge this gap by automating routine tasks and enabling existing security teams to focus on complex and strategic issues. Automating security tasks can lead to significant cost savings over time. Organizations can optimize their cybersecurity budgets and resources by reducing the need for manual intervention and streamlining processes.
Various industries and businesses are subject to strict regulatory compliance requirements, such as GDPR, HIPAA, or PCI DSS. It can help ensure continuous compliance by automatically monitoring and enforcing security policies and controls. These tools can often be integrated seamlessly with existing security infrastructure, including firewalls, intrusion detection systems, and SIEM solutions. This integration enhances the overall security posture of an organization.
Japanese organizations are becoming more accepting of BYOD to enhance employee productivity and job satisfaction. Security remains a top concern for Japanese organizations implementing BYOD. The Japanese government provides guidelines and recommendations for securing BYOD environments, particularly in sensitive sectors like healthcare and finance. All these aspects collectively are anticipated to support the growth of the regional market.
The China market dominated the Asia Pacific Security Automation Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,656.5 million by 2030. The Japan market is registering a CAGR of 13.6% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 15% during (2023 - 2030).
Based on Offering, the market is segmented into Solution, and Services. Based on Solution Deployment Type, the market is segmented into On-premise, and Cloud. Based on Solution Type, the market is segmented into Security Orchestration, Automation & Response (Threat Intelligence Automation, Incident Response Automation, Case Management Automation, and Others), Security Information & Event Management (Real-time Alerting Automation, Log Collection Automation, Incident Prioritization Automation, and Automated Incident Escalation), and Extended Detection & Response (Automated Threat Hunting, Real-time Response Automation, and Automated Compliance Reporting & Others). Based on Code Type, the market is segmented into Low Code, No-Code, and Full Code. Based on Technology, the market is segmented into AI & ML, Predictive Analytics, RPA, User Entity & Behavior Analytics, and Others. Based on Application, the market is segmented into Network Security, Endpoint Security, Incident Response Management, Vulnerability Management, Identity & Access Management, Compliance & Policy Management, and Data Protection & Encryption. Based on Vertical, the market is segmented into BFSI, Government & Defense, Energy & Utilities, Healthcare & Lifesciences, Media & Entertainment, Manufacturing, Retail & eCommerce, IT & ITeS, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Security Automation Market is Predict to reach $21.2 Billion by 2030, at a CAGR of 13.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Palo Alto Networks, Inc., CyberArk Software Ltd., Check Point Software Technologies Ltd., Cisco Systems, Inc., IBM Corporation, Splunk, Inc., VMware, Inc., Crowdstrike Holdings, Inc., Fortinet, Inc. and Trellix (Symphony Technology Group)
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