Automated Breach & Attack Simulation: Proactive Cyber Defense Market Outlook for 2024

"The Business Research Company recently released a comprehensive report on the Global Automated Breach And Attack Simulation Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

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According to The Business Research Company's, The automated breach and attack simulation market size has grown exponentially in recent years. It will grow from $0.51 billion in 2023 to $0.7 billion in 2024 at a compound annual growth rate (CAGR) of 36.8%. The growth in the historic period can be attributed to regulatory compliance requirements, shortage of skilled cybersecurity professionals, increased awareness of cyber risks, dynamic threat landscape, increased frequency of cyber attacks..

The automated breach and attack simulation market size is expected to see exponential growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 37.7%. The growth in the forecast period can be attributed to expansion of attack surface, global increase in remote work, evolving cybersecurity regulations, scalability for large enterprises, . Major trends in the forecast period include continuous testing and assessment, integration with security orchestration platforms, emphasis on realism in simulations, cloud security assessments, global regulatory compliance driving adoption, vendor risk management..

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Market Drivers and Trends:

Rising complexities in maintaining security threats due to an increased number of attack vectors are expected to propel the growth of the automated breach and attack simulation market in the coming years. In cybersecurity, an attacker can gain unauthorized access to a network to deliver a malicious outcome. It allows attackers to exploit system vulnerabilities, install different types of malware, and launch cyber-attacks. For instance, according ekransystem Inc., insider threats pose a moderate or greater vulnerability for 74% of organizations, and 22% of security incidents are attributed to insiders. . Therefore, the rising number of attack vectors is the major factor driving the automated breach and attack simulation market growth.

Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.

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Major Key Players of the Market:

Qualys Inc., Rapid7 Inc., DXC Technology Company, Cymulate Inc., XM Cyber Ltd., AttackIQ Inc., Skybox Security Inc., SafeBreach Inc., NopSec Inc., FireMon LLC, Verodin Inc., Threatcare Inc., Mazebolt Ltd., Cronus-Cyber Technologies Inc., CyCognito Inc., Sophos Group plc, Bitdam Ltd., Balbix Inc., Scythe Inc., Randori Inc., PlexTrac Inc., Cybereason Inc., CyCraft Technology Corporation, CyFlare LLC, CybeReady Ltd., CybExer Technologies OU, Cybriant LLC, CybOwl Ltd., Cybint Solutions Inc., Cyberrisk Alliance LLC

Automated Breach And Attack Simulation Market 2024 Key Insights:

• The automated breach and attack simulation market size is expected to see exponential growth in the next few years. It will grow to $2.51 billion in 2028 at a compound annual growth rate (CAGR) of 37.7%.
• Complex Security Threats Drive Growth In Automated Breach And Attack Simulation Market
• Rapid Technological Advancements In The Automated Breach And Attack Simulation Market
• Asia-Pacific was the largest region in the automated breach and attack simulation market in 2023

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