(LegalLaw247.com, October 27, 2018 ) The Global Security Orchestration Market was valued at USD 1,695.25 million in 2016 and is projected to reach USD 6,177.02 million by 2025, growing at a CAGR of 15.45% from 2017 to 2025.
Security orchestration is a technique of linking tools used for security as well as incorporating dissimilar security systems in order to develop a system that encompasses more features. The connected layer modernizes the security methods while the security orchestration system itself is then is able to use its platform to combine tools, methods and systems in order to be able to maximize the efficiency of the tools at hand. Security orchestration is able to improve the overall efficiency as well as intelligence of the security tools while simultaneously being able to lower the intricacy of the management of these systems.
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Factors such as the increase in the security breaches in security due to the rising implementation of the Bring Your Own Device system in medium or small businesses as well as the rising intricacies in the network infrastructure are driving the market for security orchestration. Factors such as the lack of knowledge when it comes too security orchestration as well as cyber threats and the poor control over cyber security are restraining the market for security orchestration.
Competitive Landscape:
The major players in the market are as follows:
Cisco Systems, Inc.
Cybersponse, Inc.
Intel Security
Swimlane LLC
IBM Corporation
Phantom Cyber Corporation
Huawei Technologies Co. Ltd.
Hexadite
Tufin
Fireeye, Inc.
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