SOAR Market Size and Share

SOAR Market Summary
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SOAR Market Analysis by Mordor Intelligence

The SOAR market size is USD 1.87 billion in 2025 and is forecast to reach USD 4.42 billion by 2030, registering an 18.82% CAGR. Rising cyber incidents, shrinking analyst headcounts, and federal mandates are pushing enterprises toward automated, AI-assisted defense platforms that triage thousands of alerts in real time. Generative AI, cloud-first architectures, and composable security operations centers (SOCs) accelerate adoption, while cyber-insurance incentives and Zero Trust frameworks cement automation as a must-have rather than a discretionary spend. Market leaders aggressively pursue phantomization strategies-exemplified by Cisco-Splunk and Palo Alto Networks-IBM deals-which simplify tool sprawl and enhance ROI through integrated XDR, SIEM, and SOAR capabilities. Asia-Pacific, aided by stringent regulations and rapid digital transformation, records the fastest growth trajectory, whereas North America maintains scale leadership due to mature cyber-insurance ecosystems and federal funding programs.

Key Report Takeaways

  • By component, software platforms held 64% of the SOAR market share in 2024, while services expand at a 17.8% CAGR through 2030.  
  • By deployment mode, cloud deployments captured 71% of the SOAR market size in 2024 and advance at 21.4% CAGR between 2025-2030.  
  • By organization size, SMEs post the highest 19.6% CAGR through 2030, though large enterprises retained 78% revenue share in 2024.  
  • By vertical, Banking, Financial Services, and Insurance led with 29% revenue share in 2024; Healthcare and Life Sciences accelerates at an 18.9% CAGR to 2030.  
  • By geography, North America commanded 43% share in 2024, whereas Asia-Pacific is projected to grow at an 18.7% CAGR through 2030.  

Segment Analysis

By Component: Services Gain Momentum

Services captured growing attention even though software dominated 64% revenue share in 2024. The SOAR market size for services is projected to expand at 20.8% CAGR, reflecting acute demand for specialist implementation, playbook customization, and managed SOC operations. MSSPs such as Red Canary now bundle Cortex XSIAM into turnkey offerings, illustrating how providers monetize automation expertise.[3]Palo Alto Networks, “Red Canary Partnership for Cortex XSIAM,” paloaltonetworks.com Professional services cover integration with ticketing, CMDB, and DevOps pipelines-areas that often stall in-house projects.  

Managed services resonate with resource-constrained SMEs and compliance-driven sectors seeking 24/7 coverage. IBM’s shift toward preferred managed provider status for Palo Alto customers exemplifies vendor pivots from license-centric business to recurring service revenue. As Gen-AI accelerates playbook complexity, continuous tuning becomes essential, intensifying reliance on external domain experts and embedding services further into the revenue mix of the SOAR market.

SOAR Market: Market Share by Component
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By Deployment Mode: Cloud Dominance Accelerates

Cloud deployments controlled 71% of the SOAR market share in 2024, propelled by API-first designs that synchronize hybrid assets at speed. The SOAR market size for cloud solutions grows at a 24.4% CAGR through 2030 as organizations adopt Zero Trust models demanding dynamic, location-agnostic policy enforcement. Continuous vendor updates, elastic compute, and native threat-intel feeds give cloud-first platforms a functional edge over on-premises rival.  

Government, defense, and highly regulated utilities still favour on-premises or sovereign-cloud deployments to retain data control. Hybrid modes are emerging, where orchestration logic resides in the cloud while sensitive logs stay on-site, balancing compliance with functionality. Federal cloud security reference architectures in the United States explicitly call out automation and orchestration pillars, normalizing cloud SOAR adoption in public sector environments.

By Organisation Size: SME Adoption Accelerates

Large enterprises accounted for 78% revenue in 2024, yet SMEs exhibit the most rapid 22.6% CAGR through 2030, narrowing the functionality gap with large peers. Cloud SaaS has democratized access; low-code interfaces and templated playbooks reduce setup time from months to weeks, making the SOAR market accessible to smaller security teams.  

Skills shortages hurt SMEs disproportionately, elevating automation from “nice-to-have” to existential necessity. Vendors increasingly bundle MSP support hours into base licenses, providing virtual analysts. In parallel, large enterprises pursue advanced features-cross-tenant orchestration, data-lake integrations, and AI-driven threat hunting-that raise switching costs and entrench incumbent platforms.

SOAR Market: Market Share by Organization Size
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By Industry Vertical: Healthcare Emerges as Growth Leader

BFSI retained a 29% share in 2024, driven by stringent compliance and high asset attractiveness. Yet Healthcare and Life Sciences leads expansion with an 21.9% CAGR as connected devices and patient-data regulations converge. The SOAR market size for medical environments grows alongside IoMT adoption, where every infusion pump or MRI machine becomes a potential attack vector. Generative-AI-based device profiling from vendors such as Cynerio tailors’ orchestration to clinical workflows, slashing mean-time-to-contain for ransomware events.  

Government and defense agencies implement SOAR under Zero Trust roadmaps, while IT and Telecom operators rely on orchestration to manage multi-tenant, high-volume ticket streams. Retail, energized by omnichannel fraud risks, and energy utilities, pressured by critical-infrastructure directives, also show double-digit adoption growth, though from smaller bases.

Geography Analysis

North America held 43% of global revenue in 2024 thanks to federal cybersecurity grants, advanced cyber-insurance markets, and a deep vendor ecosystem. CISA’s May 2025 SIEM-SOAR guidance further institutionalizes automation expectations, urging executive boards to budget for orchestration layers.[4]CISA, “New Guidance for SIEM and SOAR Implementation,” cisa.gov Public-private initiatives, including Johns Hopkins APL’s pilot programs, spread best practices to state and municipal SOCs, consolidating regional leadership.

Asia-Pacific registers the fastest 18.7% CAGR through 2030, propelled by accelerated digitization in India, Indonesia, and the Philippines, and by regulatory crackdowns in Singapore, Japan, and Australia. Cyber-insurance uptake, growing almost 50% per year, creates tangible financial benefits for automated response, nudging boards toward SOAR procurement. Vendors deepen regional partnerships-ServiceNow’s investments in inMorphis and Prodapt are prime examples-to localize playbooks and meet data-residency rules.

Europe maintains steady mid-teens growth, anchored in GDPR and upcoming Cyber Resilience Act mandates. Data-sovereignty concerns spur interest in hybrid deployments and European-hosted cloud regions. Germany’s industrial automation sector demands SOAR integrations with operational-technology firewalls, whereas Nordic governments automate incident response across healthcare systems to secure citizen data. Brexit forces UK enterprises to juggle EU and domestic rules, elevating the value of workflow engines that can prove compliance across heterogeneous frameworks.

SOAR Market CAGR (%), Growth Rate by Region
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Competitive Landscape

Market concentration is tightening yet remains moderate as incumbents jostle with AI-native disruptors. Palo Alto Networks, already capturing USD 4.8 billion in next-generation security ARR by fiscal Q2 2025, fortifies Cortex XSIAM through its USD 500 million QRadar SaaS acquisition and a pending USD 650-700 million Protect AI deal. Cisco’s USD 28 billion Splunk purchase merges telemetry, analytics, and orchestration at network scale, redefining competitive baselines.  

ServiceNow’s USD 2.85 billion Moveworks acquisition injects conversational AI into the Now Platform, targeting the productivity bottlenecks of SOC analysts. Microsoft, Google, and AWS embed orchestration within native cloud-security suites, leveraging hyperscale telemetry to pre-train detection models. Yet specialist vendors such as Torq and Swimlane differentiate through no-code workflow builders and vertical-specific content packs.  

Investment themes pivot toward autonomous SOC tooling, ROI proof points, and secure-by-design AI. Rapid7’s 311% ROI validation serves as a marketing weapon in cost-conscious procurement cycles. White-space opportunities persist in SME packages, operational-technology integrations, and confidential-compute hosting for regulated data. The next competitive frontier likely centers on marketplace ecosystems where third-party developers monetize playbooks, accelerating innovation while locking customers into platform marketplaces.

SOAR Industry Leaders

  1. IBM Corporation

  2. Splunk Inc.

  3. Microsoft Corporation

  4. Palo Alto Networks, Inc.

  5. Cisco Systems, Inc.

  6. *Disclaimer: Major Players sorted in no particular order
SOAR Market Concentration
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Recent Industry Developments

  • June 2025: ServiceNow and NVIDIA unveiled the Apriel Nemotron 15B reasoning model to power real-time security workflow execution.
  • May 2025: CISA, with the Australian Cyber Security Centre, released SIEM-SOAR implementation guidance.
  • April 2025: Palo Alto Networks agreed to acquire Protect AI for up to USD 700 million, targeting AI security gaps.
  • March 2025: ServiceNow closed its USD 2.85 billion Moveworks acquisition to integrate conversational AI into SOC workflows.

Table of Contents for SOAR Industry Report

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET LANDSCAPE

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Escalating alert volumes and complexity
    • 4.2.2 Compliance-driven automation mandates
    • 4.2.3 Cyber-talent scarcity
    • 4.2.4 Gen-AI playbook acceleration
    • 4.2.5 Cyber-insurance premium incentives
    • 4.2.6 API-first "composable SOC" uptake
  • 4.3 Market Restraints
    • 4.3.1 Legacy tool-set integration debt
    • 4.3.2 Budget constraints among SMBs
    • 4.3.3 Gen-AI IP-leakage concerns
    • 4.3.4 SIEM / XDR bundling cannibalization
  • 4.4 Industry Value Chain Analysis
  • 4.5 Regulatory Landscape
  • 4.6 Technological Outlook
  • 4.7 Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Buyers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes
    • 4.7.5 Competitive Rivalry

5. MARKET SIZE AND GROWTH FORECASTS (VALUE)

  • 5.1 By Component
    • 5.1.1 Software / Platforms
    • 5.1.2 Services
  • 5.2 By Deployment Mode
    • 5.2.1 Cloud-based
    • 5.2.2 On-premise
  • 5.3 By Organisation Size
    • 5.3.1 Large Enterprises
    • 5.3.2 Small and Mid-size Enterprises (SME)
  • 5.4 By Industry Vertical
    • 5.4.1 Banking, Financial Services and Insurance (BFSI)
    • 5.4.2 Government and Defence
    • 5.4.3 Healthcare and Life Sciences
    • 5.4.4 IT and Telecom
    • 5.4.5 Retail and e-Commerce
    • 5.4.6 Energy and Utilities
  • 5.5 By Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 United Kingdom
    • 5.5.2.2 Germany
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 South Korea
    • 5.5.3.5 Rest of Asia
    • 5.5.4 Middle East
    • 5.5.4.1 Israel
    • 5.5.4.2 Saudi Arabia
    • 5.5.4.3 United Arab Emirates
    • 5.5.4.4 Turkey
    • 5.5.4.5 Rest of Middle East
    • 5.5.5 Africa
    • 5.5.5.1 South Africa
    • 5.5.5.2 Egypt
    • 5.5.5.3 Rest of Africa
    • 5.5.6 South America
    • 5.5.6.1 Brazil
    • 5.5.6.2 Argentina
    • 5.5.6.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Market Concentration
  • 6.2 Strategic Moves
  • 6.3 Market Share Analysis
  • 6.4 Company Profiles (includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
    • 6.4.1 Palo Alto Networks, Inc.
    • 6.4.2 Splunk Inc.
    • 6.4.3 IBM Corporation
    • 6.4.4 Microsoft Corporation
    • 6.4.5 Fortinet, Inc.
    • 6.4.6 Swimlane LLC
    • 6.4.7 Rapid7, Inc.
    • 6.4.8 Google LLC
    • 6.4.9 D3 Security Management Systems, Inc.
    • 6.4.10 LogRhythm, Inc.
    • 6.4.11 Cisco Systems, Inc.
    • 6.4.12 Exabeam, Inc.
    • 6.4.13 ServiceNow, Inc.
    • 6.4.14 Trellix LLC
    • 6.4.15 Tines Security Limited
    • 6.4.16 Elastic N.V.
    • 6.4.17 Sekoia SAS
    • 6.4.18 ThreatConnect, Inc.
    • 6.4.19 Resolve Systems LLC
    • 6.4.20 Heimdal Security A/S

7. MARKET OPPORTUNITIES AND FUTURE OUTLOOK

  • 7.1 White-space and Unmet-need Assessment
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Global SOAR Market Report Scope

By Component
Software / Platforms
Services
By Deployment Mode
Cloud-based
On-premise
By Organisation Size
Large Enterprises
Small and Mid-size Enterprises (SME)
By Industry Vertical
Banking, Financial Services and Insurance (BFSI)
Government and Defence
Healthcare and Life Sciences
IT and Telecom
Retail and e-Commerce
Energy and Utilities
By Geography
North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
By Component Software / Platforms
Services
By Deployment Mode Cloud-based
On-premise
By Organisation Size Large Enterprises
Small and Mid-size Enterprises (SME)
By Industry Vertical Banking, Financial Services and Insurance (BFSI)
Government and Defence
Healthcare and Life Sciences
IT and Telecom
Retail and e-Commerce
Energy and Utilities
By Geography North America United States
Canada
Mexico
Europe United Kingdom
Germany
France
Italy
Rest of Europe
Asia-Pacific China
Japan
India
South Korea
Rest of Asia
Middle East Israel
Saudi Arabia
United Arab Emirates
Turkey
Rest of Middle East
Africa South Africa
Egypt
Rest of Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

How fast is spending on SOAR growing through 2030?

Global revenue is projected to rise from USD 1.87 billion in 2025 to USD 4.42 billion by 2030, an 18.82% CAGR driven by alert overload, AI integration, and compliance mandates.

Which segment is expanding most quickly within the market?

Cloud-based deployments grow at a 21.4% CAGR because API-first designs and Zero Trust frameworks favour SaaS delivery.

Why are healthcare organizations accelerating adoption?

HIPAA obligations, rising ransomware threats, and the explosion of IoMT devices push hospitals toward automated playbooks, producing an 18.9% CAGR for the vertical.

What is the biggest barrier for small and medium businesses?

Up-front implementation and staffing costs remain high, constraining SMB budgets despite SaaS pricing and managed-service options.

How does generative AI change SOAR deployment?

LLMs reduce playbook creation time from months to minutes, allow dynamic remediation steps, and cut mean-time-to-investigate by nearly half in early deployments.

Which region shows the strongest long-term potential?

Asia-Pacific posts the highest 18.7% CAGR through 2030 because regulatory tightening and surging cyber-insurance adoption fuel investment in automation.

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