Malware Analysis Market to Generate USD 24.15 Billion at a CAGR of 28.5% during Forecast Period | Growth Drivers and Future Scenarios

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 poised to exhibit the most rapid Compound Annual Growth Rate (CAGR) of 30.7% from 2019 to 2026. This is attributed to the increasing demand for various services such as managed service and professional services. In contrast, the solution segment dominated the global malware analysis market in 2018, accounting for nearly three-fourths of the market share. This dominance is attributed to the cost-effectiveness and quick deployment of malware analysis solutions.

During the forecast period, the on-premise segment is expected to register the highest CAGR of 30.7%, driven by the growing adoption of these systems for their advanced security features. However, in 2018, the cloud segment held the largest market share, contributing to over half of the global malware analysis market. This was due to the diverse services offered by the cloud, showcasing its significance in the market landscape.

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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 report has offered an all-inclusive analysis of the global Malware Analysis Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the overall industry growth.

Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

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Key Benefits for Stakeholders

1.The research conducts a thorough examination of the worldwide malware analysis market, presenting current and future trends to clarify potential investment opportunities.

2.The report furnishes details on significant drivers, constraints, and opportunities, accompanied by an analysis of their impact on market size.

3.Utilizing Porter's five forces analysis, the report delineates the strength of buyers and suppliers within the industry.

4.Additionally, a quantitative analysis spanning the period from 2019 to 2026 is included, aiming to ascertain the market's potential.

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The report presents in-depth insights into each of the leading Malware Analysis Market end user verticals along with annual forecasts to 2026. The report provides revenue forecast with sales, and sales growth rate of the global Key drivers that are propelling the growth of the market included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

Major market players:

➢ Cisco Systems Inc.

➢ Sophos Group

➢ Palo Alto Networks Inc.

➢ Kaspersky Lab

➢ Symantec Corporation

➢ Qualys Inc.

➢ Fortinet Inc.

➢ Trend Micro

➢ McAfee LLC

➢ FireEye Inc.
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