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Malware Analysis Market Expected to Reach USD 24.15 billion by 2026| Top Key players such as -McAfee LLC, Trend Micro and FireEye.

01-27-2023 10:43 AM CET | IT, New Media & Software

Press release from: Allied Market Research

Malware Analysis Market Expected to Reach USD 24.15 billion

According to the report published by Allied Market Research, The Malware Analysis Market Expected to Reach USD 24.15 billion by 2026| Top Key players such as -McAfee LLC, Trend Micro and FireEye. The report provides a detailed analysis of these key players of the global digital educational publishing market. These players have adopted different strategies such as new product launches, collaborations, expansion, joint ventures, agreements, and others to increase their market share and maintain dominant shares in different regions.

Rise in adoption of IoT and BYOD trend, and increase in malware and phishing threats among enterprises have boosted the growth of the global malware analysis market. However, the complexities of device security hamper the market growth. On the contrary, surge in adoption of mobile device applications and platforms is expected to create lucrative opportunities in the near future.

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The service segment is expected to manifest the fastest CAGR of 30.7% from 2019 to 2026, owing to rise in need of various different services such as managed service and professional services. However, the solution segment dominated the global malware analysis market in 2018, contributing to nearly three-fourths of the market, as malware analysis solutions are less expensive and are fastest to deploy.

The on-premise segment is anticipated to register the largest CAGR of 30.7% during the forecast period, owing to rise in adoption of these systems as it offers enhanced security features. However, the cloud segment held the largest share in 2018, contributing to more than half of the global malware analysis market, due to the different services offered by the cloud.

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The global malware analysis market across North America held the largest share in 2018, accounting for nearly one-third of the market, owing to the rising competition between cloud-based service providers and the key market players in the region. However, the market across the Asia-Pacific region is projected to portray the fastest CAGR of 27.0% during the study period, due to increasing usage of mobile data for various applications such as mobile banking and social media.

The company profiles of malware analysis market players included in this report are Cisco Systems Inc., Palo Alto Networks, Inc., Sophos Group, Symantec Corporation, Kaspersky Lab, Fortinet Inc., Qualys Inc., McAfee LLC, Trend Micro and FireEye, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

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COVID-19 scenario-

• The outbreak of COVID-19 has mandated work from home practice for most of the organizations across the world. The growth of the global malware analysis market is expected to rise, as there's been an increasing focus on securing remote infrastructure and IP of the respective companies on account of remote service programs.

• Also, rise in focus on cyber security as a vital business measure is anticipated to boost the global market.

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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

Access the full summary at: https://www.alliedmarketresearch.com/malware-analysis-market-A05963

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.

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