Malware Analysis Market Trends, Size, Growth Report by 2027

[Research Report] 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.

Increasing government initiatives is attributing to the growth of the market. Governments across several countries worldwide are taking initiatives to support the adoption of malware analysis tool by enterprises. For instance, in 2017, the Indian government launched its Cyber Swachhta Kendra, a Botnet Cleaning and Malware Analysis Centre. The center aims to detect botnet infections in the country, and avoid further infections by notifying, enable cleaning as well as securing systems of end-users. Also, In March 2019, a new EU “Cybersecurity Act” was approved by the European Parliament. The new regulation creates an EU cyber security certification framework. This framework is envisioned to escalate the transparency of the cyber security guarantee of ICT products, services as well as processes, and thus enhance trust and assist end-users to make well-informed choices. Another crucial reason for the framework is to evade the increase of contradictory or overlapping national certifications and thereby reduce costs. As per the regulation, the EC is authorized to adopt European cyber security certification schemes, set by ENISA, regarding particular groups of ICT products, services as well as processes. The schemes could cover, for instance, ICT products, services, and processes used in airplanes, cars, medical devices, power plants, as well as Internet-connected consumer devices.

In 2018, the Monetary Authority of Singapore (MAS) launched US$ 22 Mn cyber security capabilities grant to help the country’s financial institutions reinforce their cyber resilience as well as upskill local talent via cyber security-related training programs such as malware analysis, security operations, computer forensics, cyberthreats surveillance, and cyberthreats hunting. Such government initiatives are expected to bolster the growth of the malware analysis market

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Malware Analysis Market: Strategic Insights

Malware Analysis Market

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  CAGR (2019 - 2027)

  29.2%
• Market Size 2019
  US$ 3.2 Billion
• Market Size 2027
  US$ 24.9 Billion

Market Dynamics

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Key Players

• AT T Inc
• AO Kaspersky Lab
• Broadcom Inc
• Cisco Systems Inc
• CrowdStrike Holdings Inc
• FireEye Inc
• Fortinet Inc
• Palo Alto Networks Inc
• Qualys Inc

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Component

• Solution and Service

Organizational Size

• SMEs and Large Enterprises

Deployment

• On-premises and Cloud-based

Industry Vertical

• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing

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Market Insights–

Malware Analysis Market

Increasing Adoption of Digital Solutions by Diverse Industry Verticals

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.

Component-Based Insights

Based on Component, the malware analysis market is segmented into solution and services. The solution segment held the largest market share in 2018.

Organization Size-Based Insights

Based on organization size, the malware analysis market is segmented into large enterprise and small & medium enterprises. The large enterprises segment held the largest market share in 2018.

Players operating in the malware analysis market are mainly focused on the development of advanced and efficient products.

• In 2019, Google Cloud and Palo Alto Networks announced new solutions to help customers stay secure. The two companies would collaborate to bring new offerings to market and to run several Palo Alto Networks services on Google Cloud.
• In 2019, Kaspersky announced its first Transparency Center in the Asia Pacific in partnership with CyberSecurity Malaysia to serve as a trusted facility for the company’s partners and government stakeholders to come and check the source code of Kaspersky’s solutions.

Malware Analysis Market Report Scope

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The malware analysis market has been segmented as follows:

Malware Analysis Market – by Component

• Solution
• Service

Malware Analysis Market – by Organization Size                                   

• SMEs
• Large Enterprise

Malware Analysis Market – by Deployment                                            

• On-Premises
• Cloud-based

Malware Analysis Market – By End User Industry

• BFSI
• Government
• Healthcare
• IT & Telecom
• Manufacturing
• Others

Malware Analysis Market – by Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • Russia
  • U.K
  • Rest of Europe
• Asia Pacific (APAC)
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of APAC
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA
• South America (SAM)
  • Brazil
  • Argentina
  • Rest of SAM

Malware Analysis Market – Company Profiles

• AO Kaspersky Lab
• AT&T
• Broadcom
• Cisco
• CrowdStrike
• FireEye
• Fortinet
• Palo Alto Networks
• Qualys
• Trend Micro