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Automated Breach and Attack Simulation Market Strategies, In-depth Analysis, Key Players and Geographical Regions to 2031

07-17-2024 10:59 AM CET | IT, New Media & Software

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Automated Breach and Attack Simulation Market

Automated Breach and Attack Simulation Market

The automated breach and attack simulation market was valued at $305.63 million in 2021, and is estimated to reach $5.5 billion by 2031, growing at a CAGR of 33.6% from 2022 to 2031.

The managed service providers segment is expected to experience fastest growth in the coming years, as it offers managed detection and response services to their clients and as a tool to optimize the cybersecurity posture of managed services.

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Automated breach and attack simulation refers to a type of advanced computer security testing approach that seeks to find various security settings' vulnerabilities by simulating the attack vectors and methods hostile actors are likely to utilize. These solutions follow easy actions for installation and also require low value for maintenance comparatively. It offers security testing consistently to prevent loss from cyberattacks.

Furthermore, increase in complexities in managing security threats and increase in demand for prioritizing security investments is boosting the growth of the global automated breach and attack simulation market. In addition, growing number of cyber-attacks across the globe is positively impacting growth of the automated breach and attack simulation market. However, lack of skilled security experts and lack of awareness related to advanced cybersecurity technologies is hampering the automated breach and attack simulation market growth. On the contrary, Rise in digitalization initiatives is expected to offer remunerative opportunities for expansion of the during the automated breach and attack simulation market forecast.

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Region-wise, the Automated breach and attack simulation market size was dominated by North America in 2021, and is expected to retain its position during the forecast period, due to the rise in demand for automated breach & attack simulation solutions and services in this area. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the digital revolution occurring in cybersecurity across industrial verticals and the rapid growth of rising countries such as China and India.

The key players profiled in the Automated breach and attack simulation market analysis are AttackIQ, Keysight Technologies, Qualys, Inc., Rapid7, Sophos Ltd., Cymulate, FireMon, LLC., SafeBreach Inc., Skybox Security, Inc, Skybox Security, Inc, and XM Cyber. These players have adopted various strategies to increase their market penetration and strengthen their position in the automated breach and attack simulation industry.

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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. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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