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SecOps Software Market Expands at 6.8% CAGR – Cloud & AI Transforming Cybersecurity | Valuates Reports

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BANGALORE, India, Feb. 25, 2025 /PRNewswire/ — Security Operations (SecOps) Software Market is Segmented by Type (Cloud Based, On-premises), by Application (SMEs, Large Enterprises).

The global market for Security Operations (SecOps) Software was estimated to be worth USD 23170 Million in 2023 and is forecast to a readjusted size of USD 37130 Million by 2030 with a CAGR of 6.8% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Security Operations (SecOps) Software Market:

The security operations (SecOps) software market is expanding rapidly, driven by the increasing need for advanced cybersecurity solutions. Organizations across industries are investing in security operations platforms to mitigate cyber risks and ensure regulatory compliance. The integration of AI, automation, and cloud-based security solutions is revolutionizing the market, enabling businesses to strengthen their security postures. As cyber threats continue to evolve, the demand for innovative SecOps software is expected to rise, positioning the market for sustained growth in the coming years.

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TRENDS INFLUENCING THE GROWTH OF THE SECURITY OPERATIONS (SecOps) SOFTWARE MARKET:

Cloud-based security operations (SecOps) software is a key driver of market growth due to its scalability, cost-effectiveness, and accessibility. Organizations are increasingly adopting cloud-based solutions to enhance security operations and ensure real-time threat detection. Cloud-based SecOps software enables seamless integration with various security tools and provides centralized monitoring for distributed networks. The growing volume of cyber threats and stringent regulatory requirements have accelerated the adoption of cloud-based security solutions. Additionally, the flexibility of cloud platforms allows enterprises to scale security operations dynamically as their infrastructure evolves. As businesses move towards digital transformation, the demand for cloud-based SecOps software continues to rise, driving market expansion.

On-premises security operations (SecOps) software remains a crucial segment in the market due to its high level of control, data security, and compliance adherence. Organizations dealing with sensitive data, such as government agencies, financial institutions, and healthcare providers, prefer on-premises solutions to ensure full data sovereignty and regulatory compliance. On-premises SecOps software provides enhanced customization options, allowing businesses to tailor security measures according to their specific needs. Despite the growing popularity of cloud-based solutions, concerns over data breaches and compliance requirements sustain the demand for on-premises security operations software, contributing to market growth.

Large enterprises are a major driving force behind the expansion of the security operations (SecOps) software market. These organizations require robust security solutions to protect vast digital infrastructures from cyber threats and data breaches. Large enterprises invest heavily in advanced security analytics, automation, and incident response platforms to safeguard their critical assets. The complexity of IT environments in multinational corporations necessitates comprehensive security operations, further propelling market demand. Additionally, the increasing frequency of cyberattacks targeting large organizations has prompted enterprises to prioritize SecOps solutions, ensuring market growth.

The rising number of cyberattacks, including ransomware, phishing, and data breaches, is a significant driver of the SecOps software market. Organizations across industries are prioritizing cybersecurity measures to protect sensitive data and prevent financial losses, fueling demand for security operations solutions. Furthermore, stringent data protection regulations, such as GDPR, HIPAA, and CCPA, require businesses to implement robust security operations. Compliance mandates drive organizations to invest in SecOps software to monitor security incidents, manage risk, and ensure adherence to legal requirements.

The integration of artificial intelligence (AI) and automation in SecOps software enhances threat detection, incident response, and vulnerability management. AI-driven security solutions streamline security operations, reduce human intervention, and improve response time, accelerating market growth. Moreover, the increasing adoption of cloud computing has led to a surge in demand for cloud-based SecOps software. Businesses migrating to the cloud require advanced security measures to protect cloud environments, driving the need for robust security operations solutions.

Businesses are increasingly relying on managed security service providers (MSSPs) to handle security operations. The demand for SecOps software tailored for MSSPs is rising, further fueling market expansion. Furthermore, the evolution of threat intelligence and analytics capabilities in SecOps software enhances proactive threat detection. Organizations are leveraging real-time analytics to improve security postures and prevent cyber incidents, supporting market growth.

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SECURITY OPERATIONS (SecOps) SOFTWARE MARKET SHARE:

The global security operations (SecOps) software market exhibits regional variations in demand due to differences in regulatory frameworks, cybersecurity awareness, and technological adoption. North America leads the market due to the presence of major cybersecurity firms and high investments in security infrastructure. Europe follows closely, driven by stringent data protection regulations. The Asia-Pacific region is experiencing rapid growth due to increasing cyber threats, digital transformation initiatives, and government-led cybersecurity programs. Latin America and the Middle East & Africa are also witnessing steady growth, supported by rising cybersecurity awareness and expanding IT infrastructure.

Key Companies:

SymantecCiscoTrend MicroMcAfee IncESETMicro FocusAlienVaultBMC SoftwareServiceNowNeusoftMotorola SolutionsIBMSONDAQualiTestDarkMatterResolve SystemsSPLUNK INCCapitaD3 SecurityTrackforce

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

Security Operations and Situational Awareness Platform MarketManaged Security Operations Center MarketSOC as a Service market was valued at USD 296.3 Million in 2023 and is anticipated to reach USD 772.9 Million by 2030, witnessing a CAGR of 14.2% during the forecast period 2024-2030.The global market for Security and Vulnerability Assessment was estimated to be worth USD 13800 Million in 2023 and is forecast to a readjusted size of USD 26890 Million by 2030 with a CAGR of 9.5% during the forecast period 2024-2030.The global market for Artificial Intelligence-based Security was estimated to be worth USD 6925 Million in 2023 and is forecast to a readjusted size of USD 20200 Million by 2030 with a CAGR of 16.4% during the forecast period 2024-2030.The global Cloud Security market is projected to grow from USD 5259.6 Million in 2024 to USD 16230 Million by 2030, at a Compound Annual Growth Rate (CAGR) of 20.7% during the forecast period.Cyber Security Training market was valued at USD 1837 Million in 2023 and is anticipated to reach USD 5705 Million by 2030, witnessing a CAGR of 18.6% during the forecast period 2024-2030.Managed Security Operations Center MarketCanine (K9) Security Service MarketThe global market for Commercial Security System was estimated to be worth USD 176200 Million in 2023 and is forecast to a readjusted size of USD 241050 Million by 2030 with a CAGR of 4.5% during the forecast period 2024-2030.Managed Security Services (MSS) Market

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FULTON FINANCIAL CORPORATION APPOINTS DAVID S. SCHULZ TO BOARD OF DIRECTORS

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LANCASTER, Pa., July 21, 2026 /PRNewswire/ — Fulton Financial Corporation (NASDAQ: FULT) (“Fulton”) today announced the appointment of David S. Schulz as a member of its board of directors (the “Board”) for a term commencing September 14, 2026 and expiring at Fulton’s 2027 annual meeting of shareholders.

“We’re excited to welcome Dave to Fulton’s board of directors,” said Curt Myers, Fulton Chairman, CEO, and President. “Dave brings extensive financial leadership experience gained through more than a decade of service with publicly traded companies. His expertise in finance, strategic planning, risk, and mergers and acquisitions will provide valuable perspective as we continue to execute our growth strategy and create long-term value for our shareholders, customers and communities.”

With the addition of Schulz, Fulton’s Board will have 11 members, and he will serve on the Audit and Risk committees. Schulz has also been appointed to the board of directors of Fulton’s banking subsidiary, Fulton Bank, N.A.

Schulz served as Senior Vice President and Chief Financial Officer of Wesco International, Inc. (“Wesco”) from 2016 to June 2020, Executive Vice President and Chief Financial Officer of Wesco from June 2020 to February 2026 and as Executive Vice President and Special Advisor to the CEO of Wesco from February 2026 until his retirement on May 31, 2026. 

Prior to joining Wesco, Schulz served as Senior Vice President and Chief Operating Officer of Armstrong Flooring, Inc. and was previously Senior Vice President and Chief Financial Officer of Armstrong World Industries, Inc. and Vice President of Finance of the Armstrong Building Products division.

Before joining Armstrong World Industries in 2011, he held various financial leadership roles with Procter & Gamble and The J.M. Smucker Company. He was also an officer in the United States Marine Corps.

In 2025, Schulz joined the board of Sterling Infrastructure, Inc., and he was appointed as chair of the audit committee in 2026. He also serves on the company’s compensation and talent development committee.

ABOUT FULTON FINANCIAL CORPORATION

Fulton, a $34 billion Lancaster, Pa.-based financial holding company, has more than 3,400 employees and operates more than 215 financial centers in Pennsylvania, New Jersey, Maryland, Delaware and Virginia through Fulton Bank, N.A. Additional information on Fulton can be found at https://investor.fultonbank.com.

Contact: Steve Trapnell
717-291-2739

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SOURCE Fulton Financial Corporation

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Octavio Marquez Elected to MSA Safety Board of Directors

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PITTSBURGH, July 21, 2026 /PRNewswire/ — The Board of Directors of MSA Safety Inc. (NYSE: MSA), a global leader in the development of advanced industrial safety technology products and solutions, today announced that Octavio Marquez, president and chief executive officer of Diebold Nixdorf, has been elected to the company’s Board of Directors. His election was part of the MSA Board’s regular succession plans.

“We are very pleased to have the opportunity to add Octavio to the MSA Board,” said Robert A. Bruggeworth, MSA chairman. “He brings a broad range of executive leadership experience, including strategy development, capital allocation, business transformation and serving international markets, which will serve MSA well.”

“Octavio’s perspectives will be an asset to me and our entire Executive Leadership Team,” said Steven C. Blanco, MSA president and CEO. “It is a pleasure to welcome Octavio to MSA, and I look forward to working with him.”

Mr. Marquez joined Diebold Nixdorf in 2014 and has held senior leadership roles across the company’s Global Banking organization and its Americas region, including as executive vice president of Global Banking and senior vice president of the Americas. Before joining Diebold Nixdorf, Mr. Marquez held leadership positions at Dell EMC, Hewlett Packard Enterprise, IBM and NCR.

Diebold Nixdorf automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, its integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of customers every day. Headquartered in North Canton, Ohio, Diebold Nixdorf employs approximately 20,000 employees globally, supporting more than 100 countries.

Mr. Marquez holds a degree in business and finance from Universidad Iberoamericana and has completed executive education programs at MIT Sloan, The Wharton School and The University of Texas at Austin.

About MSA Safety

MSA Safety Incorporated (NYSE: MSA) is the global leader in advanced industrial safety technology products and solutions. Driven by its singular mission of safety, the company has been at the forefront of safety innovation since 1914, protecting workers and facility infrastructure around the world across a broad range of diverse end markets while creating sustainable value for shareholders. With 2025 revenues of $1.9 billion, MSA Safety is headquartered in Cranberry Township, Pennsylvania, and employs a team of approximately 5,300 associates across its more than 40 international locations. For more information, please visit www.MSASafety.com.

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SOURCE MSA Safety

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BlueFolder Field Service Software Launches New AI-Powered Features to Transform How Teams Work

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New AI capabilities instantly surface customer insights and transform technician notes into actionable summaries to help field service teams work faster, stay aligned, and deliver better service

AUBURN, Ala., July 21, 2026 /PRNewswire/ — BlueFolder field service software recently announced the launch of two powerful new AI features: AI-Powered Customer Summaries and AI-Powered Field Notes Summarization. Together, these capabilities are designed to eliminate the time-consuming, manual work of reviewing fragmented customer records and lengthy technician notes—giving field service teams instant clarity to respond faster, make smarter decisions, and deliver exceptional service.

BlueFolder expands it’s field service and work order management suite with two exciting new AI field service features.

Built directly into the BlueFolder platform, both features leverage artificial intelligence to automatically compile and summarize complex, unstructured data into clear, easy-to-read overviews. The result: technicians, dispatchers, and managers always have the context they need, right when they need it.

AI-Powered Customer Summaries

As field service organizations grow, customer information becomes increasingly scattered across emails, service request logs, and communication histories. BlueFolder’s AI Customer Summary feature addresses this challenge head-on by consolidating those interactions into a single, actionable snapshot.

Instead of manually digging through multiple records before a service call or customer interaction, teams can now access a real-time summary highlighting key concerns, past service activity, and recent updates. The feature goes beyond basic summarization and surfaces critical business insights such as equipment past due for maintenance, approaching warranty expirations, and proactive revenue opportunities, empowering teams to recommend follow-ups or upgrades directly from the customer record.

Built-in traceability links each summary back to its original source communications, so users can validate insights with confidence, ensuring both speed and accuracy in every customer interaction.

AI-Powered Field Notes Summarization

In many service organizations, technicians log updates across multiple visits, often resulting in long, fragmented notes that are difficult to review at a glance. BlueFolder’s AI Field Notes Summarization feature solves this by automatically condensing multiple technician entries into a structured summary that highlights key milestones, actions taken, and next steps.

Rather than scrolling through pages of updates, managers and dispatchers can immediately understand job status and determine what needs to happen next, improving alignment between field and office teams, accelerating decision-making, and reducing miscommunication. The feature is especially valuable for complex or multi-day jobs, where clear continuity and smooth technician handoffs are critical to delivering consistent service. It’s another featuring making BlueFolder’s work order management software capabilities stronger every day.

“History is one of the most powerful tools a service team has — the problem is it’s usually buried. BlueFolder’s new AI features fix that. Your team walks into every interaction already knowing the customer, knowing the equipment, and exactly where things stand. That changes the entire experience,” says John Shaw, VP, Technology, Service Operations.

AI as a Core Part of the BlueFolder Platform

The launch of these two features reflects BlueFolder’s broader commitment to embedding AI throughout its field service management software as an integrated layer of intelligence that makes every workflow smarter. Rather than requiring teams to change how they work, BlueFolder’s AI capabilities are designed to surface the right information at the right moment automatically, within the tools that technicians, dispatchers, and managers already use every day.

“AI is transforming what’s possible in field service, and BlueFolder is answering that call. These features are the result of deep platform expertise and a clear vision for where the industry is headed. We’re embedding intelligence throughout the platform because we know it makes our customers more competitive, more efficient, and better positioned to grow,” says Stephen Myslicki, Group President of Field Services.

Availability

Both AI-Powered Customer Summaries and AI-Powered Field Notes Summarization are available now to BlueFolder customers as optional, easy-to-enable features within the platform. They are part of BlueFolder’s growing suite of AI-driven capabilities designed to help field service organizations operate more efficiently and scale with confidence.

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SOURCE BlueFolder

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