SOAR for OT Market to Surpass USD 8.9 Billion by 2033 Fueled by 16.8?GR
Location: (United States)
The global SOAR for OT market is witnessing rapid growth as industrial enterprises increasingly prioritize cybersecurity automation and operational resilience. Industry estimates indicate that the SOAR for OT market was valued at approximately USD 2.1 billion in 2024 and is projected to exceed USD 8.9 billion by 2033, growing at a CAGR of 16.8% during the forecast period. Increasing cyberattacks on industrial control systems, critical infrastructure, and manufacturing facilities continue to accelerate adoption of SOAR for OT solutions worldwide.
The SOAR for OT market recorded year-over-year growth of 11.2% in 2021, 12.8% in 2022, 14.3% in 2023, and nearly 15.7% in 2024. More than 67% of industrial enterprises experienced at least one OT-related cybersecurity incident during 2024. Industrial ransomware attacks increased by approximately 39% year-over-year, while cybersecurity spending for operational technology environments rose by 24% globally.
Read Full Research Study: https://marketintelo.com/report/soar-for-ot-market
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