Hyperautomation in Security Market is anticipated to grow USD 179.25 Billion at a CAGR of 18.6% by 2032 – Report by Market Research Future (MRFR)
Research Reports
Oct 04, 2023
The Rise of Hyperautomation in Cybersecurity
The cybersecurity landscape is more treacherous than ever before. As digital transformation accelerates, attack surfaces are expanding rapidly. Threat actors are becoming more sophisticated. And new vulnerabilities are emerging, including from AI itself. Security teams are stressed to the max trying to keep up.
Market Research Future projects the Hyperautomation in Security Market industry is projected to grow from USD 38.61 billion in 2023 to USD 179.01 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.6% during the forecast period (2023 – 2032).
This is why many organizations are now turning to hyperautomation to strengthen their security postures. Hyperautomation refers to the combination of technologies like robotic process automation (RPA), machine learning (ML), artificial intelligence (AI), and more to automate complex tasks and processes. When applied to security, hyperautomation enables organizations to detect threats and orchestrate responses at machine speed.
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Key Market Drivers
- Digital transformation – As more infrastructure moves to the cloud and employees work remotely, new attack vectors are introduced that require automated security.
- Regulatory mandates – Compliance frameworks like PCI DSS, HIPAA, and GDPR are forcing organizations to implement stricter controls and processes. Automation enables sustainable compliance.
- Talent shortages – With over 3 million global cybersecurity jobs vacant, organizations are leaning on technology to bridge resource gaps. Hyperautomation amplifies the productivity of existing staff.
- Threat landscape – The volume of attacks is soaring, including multi-vector mega-breaches. Humans alone cannot keep up. Intelligent automation augments overburdened teams.
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Hyperautomation Use Cases
Here are some of the key ways organizations are applying hyperautomation for stronger security:
- Vulnerability management – Automatically scan for vulnerabilities, patch systems, validate fixes, and report to stakeholders.
- Threat detection and response – Leverage AI to analyze data from multiple sources, identify threats, and instantly initiate containment workflows.
- Access management – Programmatically provision, deprovision, and update user access to ensure least privilege principles are enforced.
- Compliance auditing – Continuously audit systems against frameworks like PCI DSS and ISO 27001 to prevent security gaps.
- Incident response – Playbooks can be created for responses to common incidents, automating triage, investigation, communication, and mitigation steps.
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Key Vendors
The SOAR marketplace is highly fragmented with both emerging startups and technology giants:
- IBM – One of the first movers in security automation with its QRadar platform, later enhanced by the Resilient Systems acquisition.
- Microsoft – Azure Sentinel offers powerful native SOAR capabilities such as automated playbooks.
- Palo Alto Networks – Cortex XSOAR provides SOAR capabilities alongside Cortex XDR for prevention and detection.
- Google Cloud – Acquired Siemplify in 2022 for its SOAR solutions tailored to Google Cloud.
- Rapid7 – InsightIDR enables automated threat detection, investigation, and response workflows.
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Looking Ahead
As hyperautomation gains wider adoption, organizations will need to rethink processes, upskill teams, and invest in integrations. Business leaders must work closely with cybersecurity to ensure budgets evolve to match the technology. But for those that embrace hyperautomation, the rewards will be game-changing. Security teams will be able to punch above their weight, operating at machine speeds and capacity. And organizations will strengthen their defenses against the cyber threats that only continue to grow in today’s highly digital world.
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