The malware analysis market is expected to increase at a 15.2 % CAGR from US$ 6.8 Billion in 2022 to US$ 28.1 Billion by 2032.
The rising amount of false warnings is one of the primary reasons driving the malware analysis market.
Due to the increased acceptability of BYOD among enterprises, mobile device adoption is rapidly increasing. Due to the wide range of apps, services, and functions accessible on mobile devices, many data are saved on devices and moved to and from them.
The majority of the information on mobile devices is sensitive, such as usernames, credit card numbers, and passwords. Organizations are being inspired to deploy effective malware analysis solutions as their reliance on mobile devices grows.
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The malware analysis market is projected to expand during the Covid-19 pandemic epidemic. During the shutdown, the number of cyber-attacks across all industries has skyrocketed. As a result, the use of malware analytics has grown in the IT industry.
Furthermore, malware analytics assist in understanding the operation of the virus and gives a speedy remedy for the malware assault, which is also responsible for increasing its demand in enterprises that have embraced the work from home facility during the worldwide shutdown.
Security is critical in wireless communications and other systems, and security concerns are expected to grow more prevalent in many technologies. Price, power, performance, and consistency are all concerns to consider when creating security systems. With the various security needs of device makers, most suppliers find it difficult to create a uniform security design.
Furthermore, the solution suppliers demand material from both security engineers and embedded system designers, which adds to the process’s complexity. Furthermore, the ability to supply cryptographic keys to mobile devices during manufacture mitigates a considerable risk for mobile device chipmakers.
North America has stable and well-established economies, allowing it to invest heavily in R&D operations and contribute to creating new malware analysis tools. The presence of the majority of the main competitors is projected to be a major factor driving the growth of the North American malware analysis market.
To meet the needs of clients, key firms like as Cisco Systems Inc. (US), Palo Alto Networks (US), FireEye (US), Symantec (US), Fortinet (US), Check Point (US), and other start-ups in the area are delivering advanced malware analysis products and services.
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Key Takeaways:
- In the component sector, Solution from the malware analysis market is anticipated to flourish at the quickest CAGR of 15% through 2032.
- With a CAGR of 15.1% through 2032, Cloud is predicted to grow significantly in the deployment mode sector of the malware analysis market.
- The market size for malware analysis market in the United States is expected to reach US$ 9.8 Billion by 2032, growing at a CAGR of 15.1% during the forecast period.
- United Kingdom is anticipated to reach a market size of US$ 1.1 Billion in malware analysis by 2032, with a CAGR of 13.9% during the forecast period.
- China’s malware analysis market is anticipated to be worth US$ 2 Billion by 2032, with a CAGR of 14.5% during the forecast period.
- Japan is expected to have a market size for malware analysis of US$ 1.6 Billion by 2032, with a CAGR of 13.8% during the forecast period.
- By 2032, South Korea is expected to reach a market size of US$ 1Billion in malware analysis, with a CAGR of 12.9% during the forecast period.
Competitive Landscape:
The major players covered in the malware analysis market report are
- FireEye
- Cisco Systems Inc
- Palo Alto Networks
- Sophos Group
- Symantec Corporation
- Kaspersky Lab
- Fortinet
- Check Point Software Technologies
- Qualys
- MCAFEE
Global, North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America malware analysis market share statistics are accessible individually. Analysts at DBMR evaluate competitive strengths and conduct competitive analysis for each rival individually.
Recent Development:
- In 2019, Google Cloud and Palo Alto Networks introduced new solutions to assist clients stay safe. The two companies would collaborate to create new products and run a number of Palo Alto Networks services on Google Cloud.
- In 2019, Kaspersky announced the establishment of its first Transparency Center in Asia Pacific, in conjunction with Cyber Security Malaysia, to serve as a reliable site for Kaspersky’s partners and government stakeholders to review the source code of the company’s solutions.
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