Malware Analysis Market Size and Share, Business Opportunities, Regional Demand, Revenue and Key Manufacturers Forecast to 2027, The Insight Partners

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. Increasing government initiatives is attributing to the growth of the market. Governments across several countries worldwide are taking initiatives to support the adoption of malware analysis tool by enterprises. For instance, in 2017, the Indian government launched its Cyber Swachhta Kendra, a Botnet Cleaning and Malware Analysis Centre. The center aims to detect botnet infections in the country, and avoid further infections by notifying, enable cleaning as well as securing systems of end-users. Also, In March 2019, a new EU "Cybersecurity Act" was approved by the European Parliament. The new regulation creates an EU cyber security certification framework. This framework is envisioned to escalate the transparency of the cyber security guarantee of ICT products, services as well as processes, and thus enhance trust and assist end-users to make well-informed choices.

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The implementation of digital solutions is gaining pace across various industries including manufacturing, healthcare, automotive, BFSI, media & entertainment and retail among others. These industries are increasingly benefiting themselves from digital transformation. Analytics enable them to better apprehend and serve customers. Further, access to real-time information results in efficient decision-making. Automation of business operations facilitates them to escalate productivity. For instance, automotive manufacturers have revolutionized their manufacturing process with the use of robots; and airline companies have become proficient at pricing through real-time information of supply and demand.

Furthermore, retail companies with robust digital capabilities have designed seamless omnichannel environments. Also, healthcare industry has modernized through electronic health records (EHR), digital tools which track patients' vital signs, as well as virtual consultations between patients and doctors. However, with the increasing adoption of digital technologies such as IoT, Big Data, and AI, throughout business as well as society at large, the growing connectivity of everything has created challenges in terms of compliance, security, and data protection. Thus, addressing new malware trends is propelling the adoption of malware analysis tools.

Major key players covered in this Internet of Malware Analysis Market report:

•AO Kaspersky Lab
•AT&T
•Broadcom
•Cisco
•CrowdStrike
•FireEye
•Fortinet
•Palo Alto Networks
•Qualys
•Trend Micro

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The malware analysis market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, MEA, and SAM. The North America region holds the highest market share, whereas APAC is projected to be the fastest-growing region as well in the coming years. The U.S. is a hub of leading IT & cloud based companies which includes Google, Oracle, IBM and Amazon Web Services etc. Also, it is the world's largest economy with a well-developed infrastructure. US has the most influential financial market in the world and one of the largest stock exchange. The data splurge in the country is owing to the presence of several tech & financial institutions. Further, it has deep integration of IoT based connected devices, that generates huge amount of digital data every second. The developments in the field of Big Data, Business Intelligence (BI), and other associated technologies is expected to propel the growth of malware analysis adoption by various enterprises.

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.

The research provides answers to the following key questions:

•What is the estimated growth rate of the market for the forecast period 2020-2027? What will be the market size during the estimated period?
•What are the key driving forces responsible for shaping the fate of the Malware Analysis market during the forecast period?
•Who are the major market vendors and what are the winning strategies that have helped them occupy a strong foothold in the Malware Analysis market?
•What are the prominent market trends influencing the development of the Malware Analysis market across different regions?
•What are the major threats and challenges likely to act as a barrier in the growth of the Malware Analysis market?
•What are the major opportunities the market leaders can rely on to gain success and profitability?

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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