Breach And Attack Simulation Tools Market will reach SD 945,901 thousand by 2032-Sophos, XM Cyber, BitDam, Cymulate, Elasticito, AttackIQ, Pcysys, Cronus Cyber Technologies, Core Security, Guardicore, Threatcare, CyCognito, Picus Security, Verodin, forese

The Automated Breach and Attack Simulation (ABAS) market is projected to reach USD 290,992 thousand in 2021 to USD 945,901 thousand by 2032, at a Compound Annual Growth Rate (CAGR) of 33.2% during 2020-2032

The major factors fueling the ABAS market include an increase in implementation of security measures, increasing complexities in managing security threats due to an increased number of attack vectors and a growing need to prevent data breaches due to the presence of stringent government regulations. Moreover, increasing digitization initiatives resulting in increased dependency on IoT devices necessitating timely ABAS and integration of technologies such as automation, AI, ML etc. in developing ABAS would provide lucrative opportunities for ABAS vendors.

Some of the Top companies Influencing this Market include:

Sophos, XM Cyber, BitDam, Cymulate, Elasticito, AttackIQ, Pcysys, Cronus Cyber Technologies, Core Security, Guardicore, Threatcare, CyCognito, Picus Security, Verodin, foreseeti, SafeBreach, IronSDN, Scythe

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Breach And Attack Simulation Tools Market Types:

On-premises, Cloud based.

Breach And Attack Simulation Tools Market Applications:

Enterprise, Government

Opportunity: Increasing digitization initiatives resulting in increased dependency on IoT devices necessitating timely ABAS
As a move toward rapid digitalization, enterprises are integrating technologies, such as AI, ML, and IoT, for digital infrastructure. According to Smart Insights, 34% of companies have already undergone digital transformation. With digitization, people are witnessing a shift in consumer preferences. For example, as per the Outer Box report, 79% of consumers have made a purchase using a mobile device in the last six months. This shift proves that the future of enterprises lies in digitalization. The governments across countries in APAC and MEA, such as Saudi Arabia and India, are taking various initiatives, such as Digital India; building smart cities, such as Dubai Internet City (DIC); and creating smart infrastructure aimed toward digitization. The manual government processes, such as filing of income tax and applying for passports and driving licenses, have also seen a huge shift due to digitalization. Due to this digitalization, connected devices and data centers are increasing at a rapid pace. Hence, securing these devices and data centers and testing them for security from time to time would be crucial for governments and enterprises. Therefore, this rapidly increasing digitization would create the best opportunity for ABAS to grow in the future.

Challenge: Lack of skilled security experts
The biggest challenge that organizations are facing today is the lack of skilled security professionals, which is hampering the organizations' ability to meet their required and evolving cybersecurity needs. Many organizations hire people for identifying and analyzing potential cyber threats, but these people lack the required skills to prevent cyberattacks. The companies with the need for cybersecurity are finding that there is a shortage of qualified professionals, which makes them vulnerable to cyberattacks. Penetration testing is a costly service. If penetration testing is not carried out properly, it could result in a financial loss for both service providers and client companies. According to The Center for Strategic and International Studies (CSIS) survey across eight countries, 82% of employers report a shortage of cybersecurity skills, and 71% to believe this gap causes direct and measurable damages to their organizations. According to (ISC) 2, global IT security skills shortages have surpassed four million. This calls for the need of proper and improved training for security professionals, which will fill this skill gap and result in the required expertise for identifying and analyzing cyberattacks.

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ecent developments
In October 2020, Rapid7 upgraded and added Active Response within its MDR Service. These enhanced capabilities extend 24x7 end-to-end threat detection and response to help reduce attacker dwell time, accelerate time to response, and contain user and endpoint threats.
In April 2020, Rapid7 added Network Traffic Analysis (NTA) to InsightIDR, the company's market-leading Security Information and Event Management (SIEM) solution.
In April 2019,Rapid7 acquired NetFort, a provider of end-to-end network traffic visibility and analytics across cloud, to bring NetFort's network monitoring, visibility, and analytics capabilities into its Insight Cloud to help customers securely advance

The most frequently asked, prominent and genuine questions that are collectively answered by Mr Accuracy Reports in the Breach And Attack Simulation Tools Market report: -
1) What is the overall perspective for worldwide market growth over the forecasted period of 2022-2028?
2) What is meant by a proper Market Evaluation and what are the most suitable processes to conduct it effectively and efficiently?
3) Exactly how will be the overall picture of the worldwide market in the next 7 years along with the value of its CAGR?
4) What are the most upgraded and highly modernized technologies that are currently dominating the market all across the globe and are expected to bring substantial growth opportunities in the future?

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The massive outbreak of the COVID-19 pandemic has mercilessly taken a lot of lives as well as hampered the overall rate of market growth excessively. Hence, in this condition, the market experts must take the charge of formulating some efficient ideas to get rid of this prevailing situation and maintain a substantial rate of Breach And Attack Simulation Tools Market growth.

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