The surge in ransomware and other types of cyberattacks, as well as the rise of remote and hybrid working models, are some of the current conditions putting a lot of pressure on IT and Security teams. To help relieve this pressure, many organizations are investing in security orchestration to streamline and improve the efficiency of their security operations center (SOC). In fact, the global Security Orchestration, Automation and Response (SOAR) market is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.8% from 2022 to 2027.