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Malware Analysis Market worth $11.7 billion by 2024

The global malware analysis market size is projected to grow from USD 3.0 billion in 2019 to USD 11.7 billion by 2024, at a CAGR of 31.0% from 2019 to 2024.

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Malware Analysis Market worth $11.7 billion by 2024

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  1. Malware Analysis Market worth $11.7 billion by 2024 The report "Malware Analysis Market Size by Component (Solution (Static Analysis and Dynamic Analysis) and Services), Organization Size (SMEs and Large Enterprises), Deployment (Cloud and On- premises), Vertical, and Region - Global Forecast to 2024",global malware analysis market size is projected to grow from USD 3.0 billion in 2019 to USD 11.7 billion by 2024, at a CAGR of 31.0% from 2019 to 2024. The major growth drivers for the market include the rising need for compliance and to get a centralized view on threats. Based on organization size, the large enterprise segment is estimated to lead the market in 2019. Large enterprises are defined as business entities employing over 1,000 employees. Cyber-attacks are faced by large organizations, as well. Malware attackers are playing a long hand in large enterprises to steal large sums of money, and often, these attacks happen over a long period. In 2017, the NotPetya cyber-attack spread from Ukraine and severely affected the Danish company A.P. Møller-Mærsk, the world’s largest container shipping company, creating a loss of USD 200-300 million. NotPetya ransomware attack created damages which were estimated well over USD 10 billion. As large enterprises are spread across many countries and several units, they require a central approach to analyze all the malware threats and to avoid any error that might occur through manual intervention. Malware analysis and detection solutions are the appropriate solutions that can orchestrate all the processes and solutions and offer a combined effort of man and machine to remediate the threats. North America is expected to hold the largest market share during the forecast period. North American has sustainable and well-established economies, which empower it to invest significantly in R&D activities, thereby contributing to the development of new technologies in the malware analysis market. The presence of the majority of key players is expected to be the major factor driving the growth of the market in this region. Key players such as Cisco Systems Inc., Palo Alto Networks, FireEye, Symantec, Fortinet, and Check Point, along with several start-ups in the region are offering malware analysis and detection solutions & services to cater the needs of customers. Market Players The major vendors covered in the malware analysis market include FireEye (US), Cisco Systems Inc. (US), Palo Alto Networks, Inc. (US), Sophos Group (US), Symantec Corporation(US), Kaspersky Lab (Russia), Fortinet (US), Check Point Software Technologies (US), Qualys (US), McAfee (US), Trend Micro (Japan), AT&T Inc. (US), Juniper Networks (US), Crowdstrike (US), VIPRE (J2 Global) (US), Lastline (US), Intezer (Israel), Proofpoint (US), VMRay (Germany), Fidelis Security (US), Cylance (Blackberry) (US), Malwarebytes (US), Joe Security (Switzerland), and Forcepoint (US). About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost

  2. 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Aashish Mehra MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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