Global Malware Analysis Market to Witness A CAGR of 29.2% Through 2027

June 22, 2020

According to the research report titled ‘Malware Analysis Market to 2027 - Global Analysis and Forecasts By Component; Organizational Size; Deployment; Industry Vertical, available with Market Study Report LLC, the global malware analysis market was worth USD 2.55 billion in 2018 and is expected to amass USD 24.90 billion by the year 2027, growing with a hefty CAGR of 29.2% over the analysis timeframe.

The increasing cyber-attacks have led the organizations to invest in cyber security solutions. Advancements in digital transformation and the increasing susceptibility to attacks have a significant impact on the revenue streams of global malware analysis market. The cyber criminals are coming up with new ways to penetrate and attack the systems, resulting in increased sophistication of the malware attacks, this, in turn is driving the growth of malware analysis market.

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Machine learning application in deep learning is gaining huge appeal for classification of malware from industry and academia. Machine learning antimalware software are not customer driven as customer mobile device or PC is exposed to small samples of malware. Big data processing and cloud-based systems are required for proper machine learning. With low cost cloud servers being easily available, the accessibility of ML or machine learning malware analysis is likely to become easier than before.

The attackers have expanded their prey from a few employees to the entire network owing to the rapid growth of BYOD or bring-your-own-device trend and remote work, medium being the private mails. With the enterprises shifting to cloud, the demand for innovative and new methods to improve network security has increased. These methods include mobile defense, URL defense, email archiving solutions, and encryption.

Considering the geographical landscape, North America held a significant share of global malware analysis market in 2018. Regions like Europe, Asia Pacific, South America, and Middle East & Africa are other prominent regions in the global malware analysis market.

The leading organizations in global malware analysis market are Trend Micro Incorporated, Qualys Incorporation, Palo Alto Networks Incorporation, Fortinet Incorporation, FireEye Incorporation, CrowdStrike Holdings Incorporation, Cisco Systems Incorporation, Broadcom Incorporation, AO Kaspersky Lab, and AT&T Incorporation among others.

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