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3. Top Companies in Security Automation Industry - Palo Alto Networks (US), CyberArk (US) and CrowdStrike (US) | MarketsandMarkets

The global security automation market is projected to register a CAGR of 13.4% during the forecast period, reaching USD 16.7 billion by 2028 from an estimated USD 8.9 billion in 2023. Major factors to boost the market growth include the rising cybersecurity threats and complexity, growing ability to detect and respond to security incidents in real-time, increasing incidents of phishing emails and ransomware, and the need to ensure consistent adherence to security policies and facilitate audit trails.

Top Security Automation Companies include

• Palo Alto Networks (US)
• CyberArk (US)
• CrowdStrike (US)
• Check Point (Israel)
• Splunk (US) and many more....

These are just a few of the many security automation companies available. The best company for your organization will depend on your specific needs and requirements. Consider factors like the size of your organization, your existing security infrastructure, and your budget when making your decision .

To know about the assumptions considered for the study download the pdf brochure

Palo Alto Networks

Palo Alto Networks has been at the forefront of integrating automation into its security solutions to enhance the effectiveness of its offerings. The company’s automation capabilities aim to streamline security operations, improve threat detection and response times, and reduce the burden on security teams. Their continuous investment in research & development has allowed them to introduce pioneering automation features in their products and services. The company’s cybersecurity portfolio includes STRATA for securing the enterprise, PRISMA for securing the cloud, and CORTEX for securing the future. These include various solutions and services for cybersecurity, such as endpoint security, cloud security, NGFW, Prisma SaaS, and security subscriptions. It offers a comprehensive SOAR platform, Cortex XSOAR. It unifies case management, automation, real-time collaboration, and threat intel management to serve security teams across the incident lifecycle.

CyberArk

CyberArk specializes in providing privileged access management (PAM) solutions, which focus on securing and managing privileged accounts and credentials within an organization's IT environment. CyberArk offers a range of PAM solutions that enable organizations to protect, monitor, and manage privileged accounts, including passwords, SSH keys, service accounts, and more. This helps prevent unauthorized access to critical systems and sensitive data, mitigating the risk of data breaches and cyberattacks. CyberArk's Application Identity Manager protects applications, containers, and DevOps tools by securing application credentials and preventing their exposure.

CrowdStrike

CrowdStrike has positioned itself as a leader in the security automation market by leveraging artificial intelligence (AI) and machine learning to automate threat detection, prevention, and response processes. The Falcon platform continuously monitors and analyses endpoint activities, enabling the identification of suspicious behaviour and potential threats in real-time. The company's proactive approach to cybersecurity and its ability to provide real-time response capabilities have set it apart from traditional security solutions. By automating security tasks and employing a cloud-based architecture, CrowdStrike can rapidly respond to emerging threats and provide its customers with the agility needed to stay ahead of sophisticated adversaries.

Check Point (Israel)

Check Point Software Technologies Ltd., founded in 1993 and headquartered in Tel Aviv, Israel, is a leading global provider of cybersecurity solutions. The company is renowned for its pioneering work in the development of firewall and VPN technologies. Check Point offers a comprehensive range of products and services designed to protect networks, cloud environments, and mobile devices against advanced cyber threats. Key offerings include the Check Point Infinity architecture, which provides integrated threat prevention and unified security management, and the CloudGuard suite for securing cloud infrastructures. With its continuous innovation and focus on advanced threat intelligence, Check Point helps organizations safeguard their digital assets and ensure robust security postures.

Splunk (US)

Splunk Inc., established in 2003 and headquartered in San Francisco, California, is a market leader in big data analytics and operational intelligence. Splunk specializes in software solutions that help organizations monitor, search, analyze, and visualize machine-generated data from various sources such as websites, applications, servers, and networks. Its flagship product, Splunk Enterprise, enables real-time data processing and insights, empowering businesses to make data-driven decisions. Splunk's portfolio also includes Splunk Cloud, a SaaS version of its platform, and Splunk IT Service Intelligence (ITSI), which enhances IT operations and management. By turning data into valuable insights, Splunk helps companies improve performance, enhance security, and drive innovation.

Related Reports:

Security Automation Market by Offering (Solutions, Services), Code Type, Technology (AI & ML, Predictive Analytics), Application (Network Security, IAM), Vertical (BFSI, Manufacturing, Media & Entertainment) and Region - Global Forecast to 2028