Global SOAR Market Report

The forecast for the global SOAR market predicts substantial growth, with market size projected to soar to USD 9.06 Billion by 2033, a significant increase from the USD 2.49 Billion recorded in 2024. This expansion reflects an impressive compound annual growth rate (CAGR) of 15.42% anticipated between 2025 and 2033.

SOAR Market Size and Forecast 2025 to 2033

Security Orchestration, Automation, and Response (SOAR) refers to a set of technologies and processes that enable organizations to unify security tools and processes, automate repetitive tasks, and respond to security incidents more effectively. SOAR platforms integrate various security solutions, allowing for streamlined workflows and improved incident response times. By automating routine tasks, such as alert triage and incident management, SOAR enhances the efficiency of security operations teams, enabling them to focus on more complex threats.

The rise of cyber threats and the increasing complexity of IT environments have made SOAR an essential component of modern cybersecurity strategies. Organizations leverage SOAR to improve their security posture, reduce response times, and enhance collaboration among security teams. As cyber threats continue to evolve, the demand for SOAR solutions is expected to grow, driven by the need for more effective and efficient security operations.

Market Dynamics

SOAR Market Drivers

• Increased Cybersecurity Threats: The proliferation of cyber threats is a primary driver for the SOAR market. According to the Cybersecurity & Infrastructure Security Agency (CISA), ransomware attacks have surged by over 300% in recent years, prompting organizations to seek advanced solutions to mitigate risks. The increasing frequency and sophistication of cyberattacks necessitate a proactive approach to security, which SOAR provides by automating threat detection and response processes. This heightened awareness of cybersecurity vulnerabilities has led organizations to invest in SOAR technologies to enhance their security frameworks.
• Regulatory Compliance Requirements: Organizations are increasingly facing stringent regulatory requirements regarding data protection and cybersecurity. The General Data Protection Regulation (GDPR) and the Health Insurance Portability and Accountability Act (HIPAA) are examples of regulations that mandate robust security measures. The National Institute of Standards and Technology (NIST) emphasizes the importance of incident response planning, which SOAR solutions facilitate by automating compliance-related tasks. As businesses strive to meet these regulatory demands, the adoption of SOAR technologies becomes essential to ensure compliance and avoid potential penalties.
• Operational Efficiency and Cost Reduction: SOAR solutions significantly enhance operational efficiency by automating repetitive tasks and streamlining workflows. The Ponemon Institute reports that organizations can save an average of $3.58 million annually by implementing automation in their security operations. By reducing the time spent on manual processes, security teams can focus on strategic initiatives and complex threat analysis. This operational efficiency not only lowers costs but also improves the overall effectiveness of security operations, driving further adoption of SOAR technologies.
• Integration of Security Tools: The growing complexity of IT environments, characterized by a multitude of security tools and solutions, has created a need for integration. SOAR platforms enable organizations to consolidate their security tools, providing a unified view of security incidents and facilitating better collaboration among teams. The Cybersecurity Ventures report indicates that the global cybersecurity market is expected to reach $345.4 billion by 2026, highlighting the increasing investment in security technologies. As organizations seek to optimize their security infrastructure, the demand for SOAR solutions that integrate various tools will continue to rise.

SOAR Market Opportunities

• Growing Demand for Cloud-Based Solutions: The shift towards cloud computing presents a significant opportunity for SOAR providers. As organizations increasingly adopt cloud services, the need for cloud-native security solutions becomes paramount. According to the International Data Corporation (IDC), spending on public cloud services is projected to reach $500 billion by 2025. SOAR solutions that are designed to operate seamlessly in cloud environments can capitalize on this trend, offering organizations enhanced security capabilities while maintaining flexibility and scalability.
• Expansion of Managed Security Service Providers (MSSPs): The rise of Managed Security Service Providers (MSSPs) is creating new opportunities for SOAR technologies. As businesses seek to outsource their security operations, MSSPs are integrating SOAR solutions into their service offerings to enhance incident response capabilities. The Security Industry Association (SIA) reports that the MSSP market is expected to grow at a CAGR of 12% through 2025. This growth presents a lucrative opportunity for SOAR vendors to partner with MSSPs and expand their market reach.
• Increased Focus on Threat Intelligence Sharing: The emphasis on threat intelligence sharing among organizations is driving the demand for SOAR solutions. Collaborative efforts to share threat data can significantly enhance an organization’s ability to detect and respond to emerging threats. The Cyber Threat Intelligence Integration Center (CTIIC) highlights that organizations that share threat intelligence can reduce the time to detect and respond to incidents by up to 50%. SOAR platforms that facilitate threat intelligence sharing can position themselves as essential tools for organizations looking to enhance their security posture.
• Advancements in Artificial Intelligence and Machine Learning: The integration of artificial intelligence (AI) and machine learning (ML) into SOAR solutions presents a transformative opportunity. These technologies can enhance the capabilities of SOAR platforms by enabling predictive analytics and automated decision-making. The National Institute of Standards and Technology (NIST) emphasizes the potential of AI in improving cybersecurity outcomes. As organizations increasingly recognize the value of AI-driven security solutions, SOAR providers that leverage these technologies will be well-positioned to capture market share.

SOAR Market Restrain & Challenges

• Complexity of Implementation: One of the primary challenges facing the SOAR market is the complexity associated with implementing these solutions. Organizations often struggle with integrating SOAR platforms into their existing security infrastructure, which can lead to delays and increased costs. The National Cyber Security Centre (NCSC) has noted that many organizations lack the necessary expertise to effectively deploy and manage SOAR technologies. This complexity can deter potential customers from adopting SOAR solutions, hindering market growth.
• Data Privacy Concerns: As organizations increasingly rely on SOAR solutions to manage sensitive data, concerns regarding data privacy and compliance with regulations such as GDPR and HIPAA have emerged. The Information Commissioner's Office (ICO) emphasizes the importance of ensuring that data handling practices align with legal requirements. Organizations may hesitate to adopt SOAR technologies if they perceive potential risks to data privacy, which could limit market expansion.
• Skill Shortages in Cybersecurity: The cybersecurity industry is facing a significant skills gap, with a shortage of qualified professionals to manage and operate SOAR solutions effectively. According to the (ISC)² Cybersecurity Workforce Study, there is a global shortage of over 3 million cybersecurity professionals. This shortage can hinder the successful implementation and utilization of SOAR technologies, as organizations may struggle to find the necessary talent to operate these advanced systems.
• High Initial Investment Costs: The initial investment required for SOAR solutions can be a barrier for many organizations, particularly small and medium-sized enterprises (SMEs). The Cybersecurity and Infrastructure Security Agency (CISA) has highlighted that the costs associated with deploying and maintaining SOAR technologies can be prohibitive for some businesses. This financial constraint may limit the adoption of SOAR solutions, particularly among organizations with limited budgets.

Current Trends in the SOAR Market

• Integration of Artificial Intelligence and Machine Learning: The incorporation of artificial intelligence (AI) and machine learning (ML) into SOAR solutions is a significant trend shaping the market. These technologies enhance the capabilities of SOAR platforms by enabling automated threat detection, predictive analytics, and improved incident response. The National Institute of Standards and Technology (NIST) has emphasized the potential of AI to revolutionize cybersecurity practices. Organizations leveraging AI-driven SOAR solutions can achieve faster response times and more accurate threat assessments, positioning themselves ahead of evolving cyber threats.
• Rise of Cloud-Native SOAR Solutions: The increasing adoption of cloud computing is driving the demand for cloud-native SOAR solutions. Organizations are seeking flexible and scalable security solutions that can seamlessly integrate with their cloud environments. According to the International Data Corporation (IDC), spending on public cloud services is projected to reach $500 billion by 2023. Cloud-native SOAR platforms enable organizations to enhance their security posture while maintaining agility and cost-effectiveness, making them an attractive option for businesses transitioning to the cloud.
• Focus on Automation and Orchestration: The emphasis on automation and orchestration within security operations is a prominent trend in the SOAR market. Organizations are increasingly recognizing the need to streamline their security processes to improve efficiency and reduce response times. The Ponemon Institute reports that organizations can save an average of $3.58 million annually by implementing automation in their security operations. SOAR solutions that prioritize automation enable security teams to focus on strategic initiatives, enhancing overall security effectiveness.
• Collaboration and Threat Intelligence Sharing: The growing emphasis on collaboration and threat intelligence sharing among organizations is shaping the SOAR landscape. Collaborative efforts to share threat data can significantly enhance an organization’s ability to detect and respond to emerging threats. The Cyber Threat Intelligence Integration Center (CTIIC) highlights that organizations that share threat intelligence can reduce the time to detect and respond to incidents by up to 50%. SOAR platforms that facilitate threat intelligence sharing are becoming essential tools for organizations looking to enhance their security posture.

Segmentation Insights

SOAR Market Analysis, By Component

By Component, the market is categorized into Software and Services.

• The largest segment within the SOAR market is the Software component. This segment leads due to the increasing demand for advanced security solutions that can automate and orchestrate security processes. Organizations are investing heavily in software solutions that provide real-time threat detection, incident response capabilities, and integration with existing security tools. The growing complexity of cyber threats necessitates robust software solutions that can adapt to evolving security landscapes, making this segment a focal point for investment and development.
• The fastest-growing segment in the SOAR market is the Services component. This growth can be attributed to the rising demand for managed security services and consulting services that help organizations implement and optimize SOAR solutions. As businesses increasingly recognize the value of SOAR technologies, they are seeking expert guidance to navigate the complexities of deployment and integration. The Services segment is expanding rapidly as organizations prioritize enhancing their security operations through professional services and support.

SOAR Market Analysis, By Deployment

By Deployment, the market is categorized into Cloud and On-premises.

• The largest segment in the SOAR market is the Cloud deployment type. This segment is leading due to the growing preference for cloud-based solutions among organizations seeking flexibility and scalability in their security operations. Cloud-based SOAR solutions allow organizations to leverage advanced security capabilities without the burden of managing on-premises infrastructure. The increasing adoption of cloud services across various industries further drives the demand for cloud deployment, making it the dominant segment in the market.
• The fastest-growing segment in the SOAR market is also the Cloud deployment type. The rapid growth of cloud adoption, coupled with the need for agile security solutions, is propelling this segment forward. Organizations are increasingly migrating their security operations to the cloud to take advantage of the scalability and cost-effectiveness offered by cloud-based SOAR solutions. As businesses continue to embrace digital transformation, the Cloud deployment segment is expected to experience significant growth in the coming years.

SOAR Market Analysis, By Enterprise Size

By Enterprise Size, the market is categorized into Large Enterprises and SMEs.

• The largest segment in the SOAR market is the Large Enterprises segment. This segment leads due to the substantial resources and budgets that large organizations can allocate to cybersecurity initiatives. Large enterprises often face complex security challenges and require advanced solutions to protect their extensive networks and data. As a result, they are more likely to invest in comprehensive SOAR solutions that enhance their security posture and streamline incident response processes.
• The fastest-growing segment in the SOAR market is the SMEs segment. This growth is driven by the increasing awareness of cybersecurity threats among small and medium-sized enterprises. As cyberattacks become more prevalent, SMEs are recognizing the need for effective security solutions to protect their assets. The affordability and scalability of SOAR solutions make them attractive to SMEs, leading to a surge in adoption as these organizations seek to enhance their security capabilities.

SOAR Market Analysis, By Industry Vertical

By Industry Vertical, the market is categorized into BFSI, IT & Telecom, Manufacturing, Healthcare, Retail & E-Commerce, Government, Education, and Others.

• The largest segment in the SOAR market is the BFSI (Banking, Financial Services, and Insurance) segment. This segment leads due to the highly regulated nature of the financial industry, which necessitates robust security measures to protect sensitive customer data and comply with regulatory requirements. The BFSI sector is a prime target for cybercriminals, driving organizations within this vertical to invest heavily in SOAR solutions to enhance their security posture and mitigate risks.
• The fastest-growing segment in the SOAR market is the Healthcare segment. The increasing digitization of healthcare services and the rise in cyber threats targeting healthcare organizations are propelling this segment's growth. According to the Department of Health and Human Services (HHS), healthcare data breaches have increased significantly in recent years, prompting healthcare providers to seek advanced security solutions. The urgency to protect patient data and ensure compliance with regulations is driving the rapid adoption of SOAR technologies in the healthcare sector.

SOAR Market Analysis, By Application

By Application, the market is categorized into Threat Intelligence, Network Forensics, Incident Response, Compliance, and Others.

• The largest segment in the SOAR market is the Incident Response application. This segment leads due to the critical need for organizations to respond swiftly and effectively to security incidents. Incident response capabilities are essential for minimizing the impact of cyberattacks and ensuring business continuity. Organizations are increasingly investing in SOAR solutions that provide automated incident response workflows, enabling them to address threats in real-time and reduce response times.
• The fastest-growing segment in the SOAR market is the Threat Intelligence application. The rising importance of threat intelligence in enhancing security posture is driving this segment's growth. Organizations are recognizing the value of integrating threat intelligence into their security operations to proactively identify and mitigate potential threats. As cyber threats continue to evolve, the demand for SOAR solutions that facilitate threat intelligence sharing and analysis is expected to grow rapidly.

SOAR Market Regional Insights

The market has been geographically analysed across five regions, Europe, North America, Asia Pacific, Latin America, and the Middle East & Africa.

• The largest region in the SOAR market is North America. This region leads due to the presence of a well-established cybersecurity infrastructure and a high concentration of key players in the market. North American organizations are increasingly investing in advanced security solutions to combat the rising threat landscape. The region's strong regulatory framework and emphasis on compliance further drive the demand for SOAR technologies, making it the dominant market for SOAR solutions.
• The fastest-growing region in the SOAR market is the Asia Pacific. The rapid digital transformation and increasing adoption of cloud services in countries like India and China are propelling this region's growth. As organizations in the Asia Pacific region face evolving cyber threats, the demand for SOAR solutions is rising. The region's growing awareness of cybersecurity risks and the need for effective security measures are driving the adoption of SOAR technologies. Additionally, government initiatives to enhance cybersecurity frameworks in various Asia Pacific countries are contributing to the accelerated growth of the SOAR market in this region.

SOAR Market Competitive Overview

The SOAR market is characterized by a competitive landscape with numerous players striving to innovate and capture market share. Companies are focusing on developing advanced solutions that integrate artificial intelligence and machine learning to enhance their offerings. Strategic partnerships and collaborations are also common as organizations seek to combine their strengths and provide comprehensive security solutions. The competitive dynamics are further influenced by the increasing demand for automation and orchestration in security operations, prompting companies to differentiate themselves through unique features and capabilities. As the market continues to evolve, players are expected to invest in research and development to stay ahead of emerging threats and meet the growing needs of their customers.

Leading Market Players in the SOAR Market

• Fortinet, Inc.: Fortinet is a global leader in cybersecurity solutions, known for its comprehensive security fabric that integrates various security functions. The company offers a range of SOAR solutions designed to automate and orchestrate security operations, enabling organizations to respond to threats more effectively. Fortinet's commitment to innovation is evident in its continuous development of advanced technologies, including artificial intelligence and machine learning, which enhance the capabilities of its SOAR offerings. The company's strong presence in the market is supported by its extensive partner ecosystem and a focus on delivering integrated security solutions that address the evolving needs of customers.
• IBM Corporation: IBM is a prominent player in the cybersecurity landscape, providing a wide array of security solutions, including SOAR technologies. The company's SOAR platform is designed to help organizations automate incident response and improve security operations. IBM leverages its expertise in artificial intelligence and data analytics to enhance the effectiveness of its SOAR solutions, enabling organizations to gain deeper insights into security incidents. With a strong emphasis on research and development, IBM continues to innovate and expand its SOAR capabilities, positioning itself as a trusted partner for organizations seeking to enhance their cybersecurity posture.
• Palo Alto Networks: Palo Alto Networks is a leading cybersecurity company that offers a comprehensive suite of security solutions, including SOAR technologies. The company's SOAR platform is designed to streamline security operations and automate incident response, helping organizations respond to threats more efficiently. Palo Alto Networks focuses on integrating its SOAR solutions with its broader security portfolio, providing customers with a unified approach to cybersecurity. The company's commitment to innovation and its strong market presence make it a key player in the SOAR market, as it continues to address the evolving challenges faced by organizations in today's threat landscape.

Top Strategies Followed by Players

• Innovation in Product Development: Leading players in the SOAR market are focusing on continuous innovation in product development to stay ahead of the competition. Companies are investing heavily in research and development to enhance their SOAR solutions with advanced features such as artificial intelligence and machine learning capabilities. By integrating these technologies, organizations can automate threat detection and response processes, significantly improving their security posture. For instance, companies are developing predictive analytics tools that allow security teams to anticipate potential threats before they materialize. This proactive approach not only enhances incident response times but also helps organizations allocate resources more effectively, ultimately leading to a more robust security framework.
• Strategic Partnerships and Collaborations: Another key strategy employed by top players in the SOAR market is forming strategic partnerships and collaborations. By partnering with other technology providers, organizations can enhance their SOAR offerings and provide comprehensive security solutions to their customers. These collaborations often involve integrating complementary technologies, such as threat intelligence platforms or cloud services, to create a more holistic security ecosystem. For instance, a SOAR provider may collaborate with a cloud service provider to offer a seamless integration of security operations within cloud environments. This strategy not only expands the market reach of SOAR solutions but also enables organizations to leverage the strengths of multiple vendors, resulting in improved security outcomes.
• Focus on Customer Education and Support: Leading SOAR market players are placing a strong emphasis on customer education and support as a strategy to drive adoption. Recognizing that many organizations face challenges in implementing and managing SOAR solutions, companies are investing in training programs and resources to help customers understand the value and functionality of their products. This includes offering webinars, workshops, and comprehensive documentation to guide users through the deployment process. Additionally, providing robust customer support services ensures that organizations can effectively utilize SOAR technologies to address their security needs. By prioritizing customer education and support, companies can foster long-term relationships with clients and enhance customer satisfaction, ultimately driving growth in the SOAR market.

List of Companies Profiled in the Report are:

• Fortinet Inc.
• IBM Corporation
• Logpoint
• Palo Alto Networks
• Rapid7
• ServiceNow
• Siemplify
• Splunk Inc.
• Swimlane
• Tines.

Global SOAR Market Report: Scope

List of Segments Covered

This section of the SOAR market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

• Software
• Services

By Deployment

• Cloud
• On-premises

By Enterprise Size

• Large Enterprises
• SME

By Industry Vertical

• BFSI
• IT & Telecom
• Manufacturing
• Healthcare
• Retail & E-Commerce
• Government
• Education
• Others

By Application

• Threat Intelligence
• Network Forensics
• Incident Response
• Compliance
• Others