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Attack Surface Management Market Analysis And Trends By Segmentations, Top Key Players, Geographical Expansion, Future Development & Forecast - 2029

04-19-2024 09:44 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Palo Alto Networks (US), IBM(US), Microsoft (US), Cisco (US), Google Cloud (US), Trend Micro (Japan), Qulays (US), Tenable (US), Crowdstrike (US), Rapid7 (US), Bitsight(US), SecurityScorecard (US), CyCognito(US), Bugcrowd(US)

Palo Alto Networks (US), IBM(US), Microsoft (US), Cisco (US), Google Cloud (US), Trend Micro (Japan), Qulays (US), Tenable (US), Crowdstrike (US), Rapid7 (US), Bitsight(US), SecurityScorecard (US), CyCognito(US), Bugcrowd(US)

Attack Surface Management Market by Offering (Solutions, Services), Deployment Mode (Cloud, On-premises), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Healthcare, Retail & E-Commerce) and Region - Global Forecast to 2029
According to MarketsandMarkets, the Attack Surface Management Market [https://www.marketsandmarkets.com/Market-Reports/attack-surface-management-market-175286676.html?utm_source=referral&utm_medium=abnewswire&utm_campaign=paidpr] is set to grow significantly. It's expected to be worth around USD 0.9 billion in 2024, increasing to about USD 3.3 billion by 2029. This growth is due to more businesses relying on digital tools and devices, which raises the need to protect against cyber threats effectively. ASM solutions help by continuously finding and fixing vulnerabilities in a company's digital setup, like outdated software or weak security settings. This is crucial for meeting regulations, preventing fraud, and building customer trust. As online activities continue to rise, so does the importance of managing attack surfaces to keep business data safe and operations running smoothly.

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What is Attack Surface Management?

A proactive cybersecurity strategy, known as Attack Surface Management (ASM), is essential for organizations to continuously identify, analyze, and prioritize vulnerabilities across their IT infrastructure. ASM takes an attacker's perspective, recognizing all potential weaknesses they could exploit, including unauthorized devices/software, cloud services, IoT devices, and inherited IT from mergers and acquisitions. By actively managing the attack surface, organizations can reduce entry points for attackers, address critical vulnerabilities before exploitation, and mitigate risks from unknown assets. Fundamental processes of ASM include continuously discovering connected devices and software, analyzing them for security weaknesses, prioritizing vulnerabilities, and implementing actions to remediate them, such as patching software and updating configurations. Continuous monitoring ensures ongoing protection against evolving threats and changes in vulnerabilities, ensuring robust cybersecurity defense for the organization.

By offering the services segment to grow with the highest CAGR during the forecast period.

Attack Surface Management (ASM) services are increasingly sought after as organizations struggle to navigate their expanding digital landscapes. With the rise of digital technologies, managing complex attack surfaces internally has become daunting, prompting a need for external expertise. Moreover, the evolving threat landscape poses challenges, requiring constant vigilance and specialized knowledge to combat sophisticated cyber threats effectively. However, the need for more skilled cybersecurity professionals exacerbates the situation, making it difficult for organizations to build internal capabilities. ASM services offer a viable solution, providing access to expert guidance without the need for extensive hiring efforts. Additionally, ASM services assist organizations in meeting compliance requirements by ensuring adherence to data privacy regulations and demonstrating proactive risk management.

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By Deployment mode, the cloud segment will grow at a higher CAGR during the forecast period.

When choosing between cloud-based and on-premise Attack Surface Management (ASM) solutions, cost-effectiveness is crucial. With subscription models, cloud options appeal to smaller businesses with limited budgets, while leveraging existing on-premise infrastructure can reduce costs for those with significant investments. Scalability is another advantage of cloud solutions, accommodating growing IT environments and fluctuating security needs. Accessibility is enhanced with cloud-based ASM, offering remote access and centralized management, which is ideal for geographically dispersed organizations or those with a mobile workforce. However, data security concerns and compliance requirements may drive organizations to prefer on-premise deployments, providing complete control over sensitive data and ensuring regulatory compliance. Additionally, customization needs may favor on-premise solutions, offering greater flexibility for tailoring the software to specific IT environments and security policies.

Unique Features in the Attack Surface Management Market

With ASM solutions, enterprises can see everything about their digital attack surface-all of the assets, exposures, and vulnerabilities-across cloud environments, external and internal networks, and third-party ecosystems.

Proactive risk management and threat response are made possible by ASM systems' continuous monitoring and assessment capabilities, which can be used to spot changes in the attack surface, find new risks and vulnerabilities, and prioritise remedial activities in real time.

By integrating with security tools and threat intelligence feeds, ASM solutions can enhance risk assessment and decision-making skills by adding contextual information about emerging threats, adversary tactics, and exploit approaches to attack surface data.

In order to facilitate asset inventory management and risk assessment procedures, ASM solutions use automated asset discovery and classification algorithms to locate and classify digital assets, including devices, apps, and services.

By simulating cyberattacks, conducting scenario modelling, and evaluating their security posture against possible threats and attack vectors, ASM solutions help organisations obtain insights into resilience and attack surface exposure.

Major Highlights of the Attack Surface Management Market

Because cyber threats are becoming more sophisticated and frequent, companies are investing in solutions that give them visibility and control over their attack surface, which is fueling the expansion of the ASM industry.

With the adoption of cloud computing, IoT devices, and remote workforces, organisations are undergoing digital transformation activities that increase their attack surface. As a result, ASM solutions are required to manage and defend their enlarged digital footprint.

Third-party risk management is becoming more and more important due to the growth of vendor ecosystems and supply chain dependencies, which is driving demand for ASM solutions that evaluate and track the security posture of external partners and suppliers.

In order to improve risk assessment capabilities, ASM systems are integrating with security tools and threat intelligence feeds, giving organisations contextual insights into new threats and adversary strategies.

The attack surface is being continuously monitored in order to detect and react to changes in real-time. This helps organisations proactively discover vulnerabilities and shorten the time that they are vulnerable to cyber threats.

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Competitive Overview:

The key vendors profiled in the global Attack Surface Management market include Palo Alto Networks (US), IBM(US), Microsoft (US), Cisco (US), Google Cloud (US), Trend Micro (Japan), Qulays (US), Tenable (US), Crowdstrike (US), Rapid7 (US), Bitsight(US), SecurityScorecard (US), CyCognito(US), Bugcrowd(US). These players have captured a significant market share % by incorporating a high product footprint and efficient business strategy excellence.

Palo Alto Networks is a prominent cybersecurity provider offering Attack Surface Management (ASM) solutions through their Cortex Xpanse product. This tool continuously discovers and monitors all internet-connected assets, including those in public clouds, on-premises infrastructure, shadow IT devices, and assets inherited from acquisitions. While Cortex Xpanse is the dedicated ASM solution, Palo Alto's Cortex XSOAR platform complements it by automating vulnerability remediation and threat response tasks. Critical features of Cortex Xpanse include comprehensive asset discovery, analysis from an attacker's perspective, vulnerability assessment, and third-party risk management. The benefits of Palo Alto's ASM solutions lie in their unified platform, providing actionable insights for prioritizing vulnerabilities and continuous monitoring to identify new threats promptly. This approach ensures organizations efficiently allocate resources for mitigation efforts, enhancing their cybersecurity posture and protecting against evolving threats.

IBM is a significant player in cybersecurity, providing robust Attack Surface Management (ASM) solutions such as IBM Security Randori. Randori acts as a unified offensive security platform, aiming to enhance organizations' security posture through thorough discovery and actionable insights. It continually identifies internet-facing assets, including cloud resources and on-premises infrastructure, while considering potential shadow IT devices. Like competitors, Randori employs an attacker-centric approach, simulating attackers' perspectives to pinpoint vulnerabilities and possible attack vectors. It offers actionable insights by prioritizing vulnerabilities based on exploitability and impact, empowering security teams to address critical issues efficiently. Moreover, Randori boasts a user-friendly interface, minimizing complexity during security testing and streamlining the assessment process, ultimately saving time and resources for organizations. Its benefits include proactive threat detection, improved security posture, and streamlined security testing, enabling businesses to stay ahead of evolving cyber threats effectively.

According to MnM's approach to evaluating the market, businesses in the Attack Surface Management (ASM) sector utilize inorganic growth tactics such as acquisitions and mergers to maintain their market share. The Attack Surface Management market is evolving with AI-powered Threat Hunting enhancing threat detection while Deception Technology integration traps attackers. Biometric Authentication adds robust access control. Usability is prioritized with intuitive interfaces, and Context-aware Security Controls adapt to user behavior and location for enhanced security. Industry-specific ASM solutions tailored to sectors like healthcare and finance are rising. Future ASM solutions may utilize regulatory intelligence specific to data privacy regulations, helping IT and ITES companies mitigate compliance risks proactively.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=attack-surface-management-market-analysis-and-trends-by-segmentations-top-key-players-geographical-expansion-future-development-forecast-2029]
Phone: 18886006441
Address:630 Dundee Road Suite 430
City: Northbrook
State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/attack-surface-management-market-175286676.html



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