Market Size Value in | US$ 3.20 billion in 2019 |
Market Size Value by | US$ 24.89 billion by 2027 |
Growth rate | CAGR of 29.2% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
No. of Pages | 203 |
No. Tables | 111 |
No. of Charts & Figures | 87 |
Historical data available | Yes |
Segments covered | Component ; Organizational Size ; Deployment ; Industry Vertical |
Regional scope | North America; Europe; Asia Pacific; Latin America; MEA |
Country scope | US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina |
Report coverage | Revenue forecast, company ranking, competitive landscape, growth factors, and trends |
Application of machine learning (ML) in deep learning (DL) is gaining immense attraction for malware classification from academia and industry. ML antimalware software cannot be customer-driven, as a customer PC or mobile device is exposed to limited and smaller samples of malware. Proper ML requires Big Data processing as well as cloud-based systems. Presently, cloud servers are far cheaper and easily available, so ML malware analysis is expected to become more accessible than before.
With proliferation in remote and mobile work, and Bring-Your-Own-Device (BYOD) trend, the hackers have expanded their target from a few employees to the entire network with the help of private mails. Furthermore, as the enterprises continue to make strategic shift to cloud, they have raised the demand for new and innovative methods to enhance the security of their networks. These included, encryption, email archiving solutions, URL Defense, and mobile defense among others. Also, as the diversity in whereabouts of the employees continue to expand, the companies are expected to invest in robust security measures driving the growth of malware analysis tool market.
The advanced technology is growing at a rapid pace owing to the surge in demand from a wide range of sectors. The evolving cyber-attacks have significantly increased, and the organizations are making significant investments in cyber-security solutions. The increasing vulnerabilities, advancements in digital transformation, and others are making a substantial impact on the malware analysis market. The cyber attackers are finding new ways of attacking systems by enhancing their attack capabilities, resulting in increased sophistication of malware attacks, which is a crucial factor driving the malware analysis market.
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