(MENAFN- America News Hour) The‘Security Orchestration market' research report added by Market Study Report,
LLC, is an in-depth analysis of the latest trends persuading the business
outlook. The report also offers a concise summary of statistics, market
valuation, and profit forecast, along with elucidating paradigms of the evolving
competitive environment and business strategies enforced by the behemoths of
this industry.
Some of the
players present in the security orchestration market are CyberSponse, Inc.,
DFLabs S.p.A., FireEye, Inc., Microsoft Corporation (Hexadite), Tufin, Phantom
Cyber Corporation (Splunk Inc.), Demisto, Inc., Siemplify Ltd., Cyberbit Ltd.
and Swimlane LLC among others.
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The overall
security orchestration market size has been derived using both primary and
secondary source. The research process begins with exhaustive secondary
research using internal and external sources to obtain qualitative and
quantitative information related to the security orchestration market. It also
provides the overview and forecast for the global security orchestration market
based on all the segmentation provided with respect to five major reasons such
as North America, Europe, Asia-Pacific, Middle East & Africa, and South
America. Also, primary interviews were conducted with industry participants and
commentators in order to validate data and analysis. The participants who
typically take part in such a process include industry expert such as VPs,
business development managers, market intelligence managers, and national sales
managers, and external consultants such as valuation experts, research
analysts, and key opinion leaders specializing in the Security orchestration
industry.
The global
security orchestration market was valued at US$ 0.84 Bn in 2018 and is expected
to reach US$ 7.7 Bn by 2027 with an attractive CAGR growth rate of 28.8% in the
forecast period. Factors such as high year-on-year spending towards security
orchestration and growing company's annual revenue are expected to fuel the
security orchestration market growth in the coming years.
The global
market for cyber security has witnessed some profound changes in the past few
years owing to growing awareness towards data security, coupled with an
increase in the number of threats related to cyber security. Moreover, the rise
in adoption of various IT enabled services & solutions growing the
popularity of connected devices has further boosted the amount of data
generated daily subsequently resulting in vast scope for potential
vulnerabilities that need effective management as well as containment. Thus,
the surge in demand for effective and efficient cyber security solutions that
offers seamless monitoring of various alerts, events notification and reporting
of unauthorized access is anticipated to be the significant market driving
force for the global security orchestration market in the coming years.
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The global
security orchestration market has witnessed substantial growth in the past few
years owing to unprecedented investment focused towards minimizing enterprise
exposure towards cyber threats and automation of low-level threats alerts and
notification. Also, the continuous investment towards leveraging the benefits
of Artificial Intelligence and Machine Learning towards facilitating efficient
incident management and automated response has fueled the market growth
especially among developed economies such as North America and Europe. Whereas
among emerging economies in Asia-Pacific and Middle East & Africa regions
the growing end-user industries coupled along with the government expenditure
towards critical and important infrastructure is expected to drive the market
growth in these regions.
TABLE OF
CONTENTS
1.
INTRODUCTION 17
1.1 SCOPE OF
THE STUDY 17
1.2 THE
INSIGHT PARTNERS RESEARCH REPORTS GUIDANCE 17
2. KEY
TAKEAWAYS 19
2.1 NEED FOR
INFRASTRUCTURE INVESTMENTS OF AFRICAN REGION 19
2.2 INCREASING
FDI IN INFRASTRUCTURE OF APAC COUNTRIES 19
2.3
EXPANSION OF AIRPORTS ACROSS THE WORLD 20
3. X-RAY
SECURITY SCANNER MARKET LANDSCAPE 21
3.1 MARKET
OVERVIEW 21
3.2 AFRICA
X-RAY SECURITY SCANNER MAPPING BY APPLICATION AREA 22
3.3 SUPPLY
CHAIN ANALYSIS 23
3.3.1
Insight on Third World Countries OEMS 23
3.3.1.1
China 23
3.3.1.2
India 23
3.3.1.3
Turkey 24
3.3.1.4
Brazil 24
3.3.1.5
African Countries 24
3.4 MARKET
SEGMENTATION 26
Global X-Ray
Security Scanner Market - By Product Type 26
Global X-Ray
Security Scanner Market - By End-user 27
Global X-Ray
Security Scanner Market - By Geography 27
3.5 PEST
ANALYSIS 29
3.5.1 North
America PEST Analysis 29
3.5.2 Europe
PEST Analysis 31
3.5.3 Asia
Pacific PEST Analysis 33
3.5.4 Middle
East & Africa PEST Analysis 35
3.5.5 South
America PEST Analysis 37
4. X-RAY
SECURITY SCANNER MARKET - KEY INDUSTRY DYNAMICS 39
4.1 KEY
MARKET DRIVERS 39
4.1.1
Growing global air passenger traffic resulting in expansion of airport
infrastructure 39
4.1.2
Persistent and evolving attacks resulting in loss of human life 40
4.1.3
Blooming e-commerce industry resulting in increased cross-border transactions
40
4.2 KEY
MARKET RESTRAINTS 40
4.2.1 Health
concerns related to X-ray radiations hampering the growth of full-body X-ray
scanners 40
4.3 KEY
MARKET OPPORTUNITIES 40
4.3.1 Rising
deployment of X-ray security scanners for urban infrastructure 40
4.4 FUTURE
TRENDS 41
4.4.1
Microfocus X-Ray as an emerging technology 41
4.5 IMPACT
ANALYSIS OF DRIVERS AND RESTRAINTS 41
5. X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET ANALYSIS 42
5.1 X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET OVERVIEW 42
5.2 X-RAY
SECURITY SCANNER MARKET - GLOBAL MARKET AND FORECAST TO 2025 42
6. X-RAY
SECURITY SCANNER MARKET REVENUE AND FORECASTS TO 2025 - PRODUCT TYPE 44
6.1 OVERVIEW
44
6.2 PRODUCT
TYPE MARKET FORECASTS AND ANALYSIS 44
6.3 BODY
SCANNER 45
6.3.1
Overview 45
6.3.2 Body
Scanner Market Forecasts And Analysis 45
6.4 BAGGAGE
SCANNER 46
6.4.1
Overview 46
6.4.2
Baggage Scanner Market Forecasts And Analysis 46
6.4.2.1
HANDHELD SCANNER 48
6.4.2.1.1
Overview 48
6.4.2.1.2
Handheld Scanner Market Forecasts And Analysis 48
6.4.2.2
CABINET X-RAY SYSTEM 49
6.4.2.2.1
Overview 49
6.4.2.2.2
Cabinet X-Ray System Market Forecasts And Analysis 49
6.4.2.3
VEHICLE AND CARGO INSPECTION SYSTEMS 50
6.4.2.3.1
Overview 50
6.4.2.3.2
Vehicle and Cargo Inspection Systems System Market Forecasts And Analysis 50
7. X-RAY
SECURITY SCANNER MARKET REVENUE AND FORECASTS TO 2025 - END-USER 51
7.1 OVERVIEW
51
7.2 END-USER
MARKET FORECASTS AND ANALYSIS 51
7.3 AIR
TRANSPORT 52
7.3.1
Overview 52
7.3.2 Air
Transport Market Forecasts And Analysis 52
7.4 LAND
SECURITY 53
7.4.1
Overview 53
7.4.2 Land
Security Market Forecasts And Analysis 53
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