According to the latest report by IMARC Group “Malware Analysis Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global malware analysis market size reached US$ 5.7 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2027, exhibiting a growth rate (CAGR) of 28.54% during 2022-2027.
Malware analysis refers to the process of understanding the activity of a suspicious file. It includes static and dynamic analysis, which aids in identifying the abnormalities in the file and supports automation, fast and accurate findings, and analyzing the obscurities within the company infrastructure. It helps security operations team detect and mitigate potential threats from gaining persistence and causing destruction within the organization. It also assists incident responders and security analysts in uncovering hidden indicators of compromise (IOCs) and improving the efficacy of alerts and notifications. It currently finds application in the aerospace and defense, banking, financial services and insurance (BFSI), retail, healthcare, energy and utilities, and manufacturing industries across the globe.
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Market Trends:
The increasing penetration of mobile devices and the emerging trend of bring your own device (BYOD) into organizations is resulting in various security issues. In addition, multiple applications and functions on these devices lead to a large amount of data being stored and transferred to and from devices, which may contain credentials, such as credit card numbers, usernames, and passwords. This represents one of the key factors catalyzing the demand for effective malware analysis solutions. In addition, the increasing number of small and medium enterprises (SMEs) and the introduction of malware analysis tools that can be deployed in-cloud and on-premises are stimulating the growth of the market worldwide.
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Broadcom Inc.
- Check Point Software Technologies Ltd.
- Cisco Systems Inc.
- FireEye Inc.
- Fortinet Inc.
- Juniper Networks Inc.
- Kaspersky Lab
- McAfee LLC
- Palo Alto Networks Inc.
- Qualys Inc.
- Sophos Ltd. (Thoma Bravo)
- Trend Micro Incorporated.
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The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Component:
- Solution
- Services
Breakup by Deployment Model:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Large Enterprises
- Small and Medium Enterprises
Breakup by Industry Vertical:
- Aerospace and Defense
- BFSI
- Public Sector
- Retail
- Healthcare
- IT and Telecom
- Energy and Utilities
- Manufacturing
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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