Antivirus Software Global Market Navigating Trends, Share Report, Growth Drivers, Market Size And Future Outlook 2024-2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2100

The Business Research Company presents an extensive market research report on the Antivirus Software Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The antivirus software market size has grown steadily in recent years. It will grow from $4.09 billion in 2023 to $4.23 billion in 2024 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to rise in cybersecurity threats, increased connectivity and internet usage, data privacy concerns, business and financial risks, government and regulatory compliance.

The antivirus software market size is expected to see steady growth in the next few years. It will grow to $5.1 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to ransomware and advanced persistent threats (APTs), integration with endpoint security, IoT security concerns. Major trends in the forecast period include ransomware protection and mitigation, mobile security solutions, security automation and orchestration, identity protection and phishing prevention, regulatory compliance and data privacy features.

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Key Market Players:

Major companies operating in the antivirus software market report are Tencent Holdings Limited, Fortinet Inc., Symantec Corporation, McAfee LLC, Trend Micro Incorporated, Qihoo 360 Technology Co. Ltd., Bitdefender S.R.L., CrowdStrike Inc., Avira Operations GmbH & Co. KG, Avast Software s.r.o., Kaspersky Lab AO, ESET spol. s r.o., Trustwave Holdings Inc., Quick Heal Technologies Limited, ConnectWise LLC, Webroot Inc., SentinelOne Inc., Microsoft Corporation, Comodo Cybersecurity Inc., Cheetah Mobile Inc., Panda Security S.L., F-Secure Corporation, AVG Technologies CZ s.r.o., Sophos Limited, G DATA CyberDefense AG, OneLogin Inc., Lavasoft Limited, AhnLab Inc., Rising Antivirus International Co. Ltd., Jigsaw Security Enterprise LLC

Market Drivers:

The increasing number of cyber-attacks is expected to propel the growth of the antivirus software market in the coming years. A cyberattack is a cyberspace-based attack aimed at disrupting, disabling, destroying, or manipulating a computer or other device intentionally. There is an increase in hacking and data breaches in computers, laptops, and mobiles using viruses or malware. Antivirus software can block or prevent the virus or malware from entering the device and prevents cyberattacks. For instance, in February 2023, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, the cybercrime reports received in 2022 were 76,000, an increase of nearly 13% from the previous financial year. Therefore, the increasing number of cyber-attacks drives the market for antivirus software.

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The antivirus software market covered in this report is segmented -

1) By Type: Computers, Tablets, Smart Phones, Other Types
2) By Operating System: Windows, MAC, Android Or IOS Or Linux
3) By End User: Corporate, Personal, Government

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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