According to the new research report published by The Insight Partners, titled “Malware Analysis Market – Global Analysis and Forecast to 2027”, the global malware analysis market is expected to reach US$ 24,898.3 million in 2027, registering a CAGR of 29.2% during the forecast period 2019-2027.
As cyber attackers discover new sophisticated ways to encrypt their malicious payloads as well as even entire malware packages, defenders find it further difficult to analyze and defeat this software. The threat of massive automated malware creation along with enhancement in obfuscation techniques could considerably reduce the percentage of sample information that can be analyzed by security firms. Thus, the constant change in the attack behavior has resulted in the adoption of a more comprehensive and vigilant malware analysis tool by the enterprises.
As per a study conducted by Kaspersky, during the first half of 2018, IoT Malware explicitly designed for IoT devices propagated three-fold with more than 120,000 modifications of malware. Cybercriminals may have various motives for exploiting IoT devices; however, the most common purpose was to create botnets that would be used to enable DDoS attacks. Certain of the malware modifications identified by Kaspersky Lab were even customized to disable competing for malware. Moreover, according to F-Secure Corporation’s ‘Attack Landscape H1 2019’, attacks against SMB ports, as well as IoT devices, are accelerating at an extraordinary rate. It measured a three-fold surge in attack traffic to over 2.9 Bn events. Among these attacks, 2.1 Bn were on the TCP ports, chiefly used on IoT devices. Also, Mirai malware, which proliferated in 2018, is persistent in highly-targeting these device.
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Malware Analysis Market: Competitive Landscape
- AT&T Inc.
- AO Kaspersky Lab
- Broadcom, Inc.
- Cisco Systems, Inc.
- CrowdStrike Holdings Inc
- FireEye, Inc.
- Fortinet, Inc.
- Palo Alto Networks, Inc.
- Qualys, Inc.
- Trend Micro Incorporated, among others.
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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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
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Based on geography, the Malware Analysis market is segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).
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