Gartner Research

Forecast Analysis: SOAR, Worldwide

Published: 29 May 2019

ID: G00390834

Analyst(s): Eric Ahlm

Summary

The SOAR market is projected to grow to $550 million by 2023 with a CAGR of 14.9%. Not all buyers seeking to add automation and automated response to their security program will purchase a dedicated SOAR platform, which limits its market potential.

Table Of Contents
  • Forecast Assumptions
  • Market Impacts
  • Notable Changes

Forecast Data Summary

Forecast Model Summary

Influencing Factors and Assumptions

  • Influencing Factor: General Market Interest in Automation
    • Forecast Assumption
  • Influencing Factor: Buyers Seek Better Methods to Cut Hacker Dwell Time
    • Forecast Assumption
  • Influencing Factor: Buyers Need Efficiency and Excellence in Threat Investigative Teams
    • Forecast Assumption

Gartner Recommended Reading

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Purchase this Document

To purchase this document, you will need to register or sign in above

Become a client

Learn how to access this content as a Gartner client.