The market is valued at US$ 6.8 bn in 2022 and is likely to reach US$ 28.1 Bn by 2032. Previously, the market was thriving at a much higher CAGR of 31.5% (2015-2021), resulting in a market size of US$ 5.2 Bn in 2021.
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.
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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.
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:
Competitive Landscape:
The major players covered in the malware analysis market report are Cisco, Palo Alto Networks, Inc., FireEye, Inc., Sophos Ltd., Broadcom, AO Kaspersky Lab., Fortinet, Inc., Check Point Software Technologies Ltd., Qualys, Inc., McAfee, LLC, Trend Micro Incorporated, AlienVault, Inc., Juniper Networks, Inc., CrowdStrike, Inc., J2 Global, Inc. 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:
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Jun 23, 2022