Malware Analysis Market Emerging Demands, Current Trends, Latest Industry Size, Growth, Share and Competitive Landscape Forecast, The Insight Partners - $3,640
Details:The malware analysis market expected to grow from US$ 3,204.4 million in 2019 to US$ 24,898.3 million by 2027; it is estimated to grow at a CAGR of 29.2% from 2019 to 2027.
As cyber attackers discover new sophisticated ways to encrypt their malicious payloads as well as even entire malware packages, defenders find it further difficult to analyze and defeat this software. The threat of massive automated malware creation along with enhancement in obfuscation techniques could considerably reduce the percentage of sample information that can be analyzed by security firms. Thus, the constant change in the attack behavior has resulted in the adoption of a more comprehensive and vigilant malware analysis tool by the enterprises.
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The implementation of digital solutions is gaining pace across various industries including manufacturing, healthcare, automotive, BFSI, media & entertainment and retail among others. These industries are increasingly benefiting themselves from digital transformation. Analytics enable them to better apprehend and serve customers. Further, access to real-time information results in efficient decision-making. Automation of business operations facilitates them to escalate productivity. For instance, automotive manufacturers have revolutionized their manufacturing process with the use of robots; and airline companies have become proficient at pricing through real-time information of supply and demand. Furthermore, retail companies with robust digital capabilities have designed seamless omnichannel environments. Also, healthcare industry has modernized through electronic health records (EHR), digital tools which track patients’ vital signs, as well as virtual consultations between patients and doctors. However, with the increasing adoption of digital technologies such as IoT, Big Data, and AI, throughout business as well as society at large, the growing connectivity of everything has created challenges in terms of compliance, security, and data protection. Thus, addressing new malware trends is propelling the adoption of malware analysis tools.
The Innovative Key Players Are :
• AO Kaspersky Lab
• Palo Alto Networks
• Trend Micro
As per a study conducted by Kaspersky, during the first half of 2018, IoT Malware explicitly designed for IoT devices propagated three-fold with more than 120,000 modifications of malware. Cybercriminals may have various motives for exploiting IoT devices; however, the most common purpose was to create botnets that would be used to enable DDoS attacks. Certain of the malware modifications identified by Kaspersky Lab were even customized to disable competing for malware. Moreover, according to F-Secure Corporation’s ‘Attack Landscape H1 2019’, attacks against SMB ports, as well as IoT devices, are accelerating at an extraordinary rate. It measured a three-fold surge in attack traffic to over 2.9 Bn events. Among these attacks, 2.1 Bn were on the TCP ports, chiefly used on IoT devices. Also, Mirai malware, which proliferated in 2018, is persistent in highly-targeting these device.
The malware analysis market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, MEA, and SAM. The North America region holds the highest market share, whereas APAC is projected to be the fastest-growing region as well in the coming years. The U.S. is a hub of leading IT & cloud based companies which includes Google, Oracle, IBM and Amazon Web Services etc. Also, it is the world’s largest economy with a well-developed infrastructure. US has the most influential financial market in the world and one of the largest stock exchange. The data splurge in the country is owing to the presence of several tech & financial institutions. Further, it has deep integration of IoT based connected devices, that generates huge amount of digital data every second. The developments in the field of Big Data, Business Intelligence (BI), and other associated technologies is expected to propel the growth of malware analysis adoption by various enterprises.
Answers that the report acknowledges:
• Market size and growth rate during forecast period.
• Key factors driving the Malware Analysis Market.
• Key market trends cracking up the growth of the Malware Analysis Market.
• Challenges to market growth.
• Key vendors of Malware Analysis Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Malware Analysis Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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