A recent report published by Infinium Global Research on the malware
analysis market provides an in-depth analysis of segments and sub-segments in the
global as well as regional malware analysis market. The study also highlights
the impact of drivers, restraints, and macro indicators on the global and
regional malware analysis market over the short term as well as long term. The
report is a comprehensive presentation of trends, forecasts, and dollar values of the global malware analysis market. According to the report, the global malware
analysis market is projected to grow at a CAGR of 28.10% over the forecast
period of 2020-2026.
Computer viruses are a common term but, today in the digital age
where information and every process are online, the need to keep data safe is
more prudent than ever. Cyber security has become one of the most serious
debating topics nowadays across all business forums. With the usage of
computers and the internet becoming forthcoming and unavoidable, the need for
products and services that protect from malware has also become critical which
explains the importance of the global malware analysis market. Malware analysis
is the procedure of learning how malware functions and any potential
repercussions of a given malware. Malware code can vary radically, and it is
important to know that malware can have various functionalities. These may come
in the form of viruses, spyware, worms, and Trojan horses. Every type of
malware collects information about the infected device without the knowledge,
or authorization of the user.
A rapid increase in the frequency of malware attacks and the
ever-changing threat landscape and sophistication of malware attacks on
different touchpoints are the factors driving the market growth. However, the
lack of skilled security professionals and use of pirated, open-source
antiviruses is hampering the market growth. Furthermore, the global malware
analysis market is one of the trendiest markets in the IT & Telecom
segment. With different challenges on the bay, the necessity for better and
upgraded versions will always remain and, this has become the deciding factor
for success in the global malware analysis market. To be able to battle the
challenges that the developing global malware analysis market throws, companies
are working strengthening their talent force that is capable of producing
better products. For this, enterprises have invested in hiring new talent and
poaching talent from smaller companies that have made big in the business in
the current past. An increase in the adoption of IoT and BYOD trends among
organizations are the major factors that drive the growth of the malware
analysis market during the projection period.
Additionally, the current concern over the spread of coronavirus is also
expected to have an impact on the malware analysis market. The COVID-19
pandemic poses the risk of increased cyber-attacks owing to high dependency on
digital tools. Phishing spams and hacking campaigns are on the upswing in
countries such as the United States, Russia, Japan, and China. According to the
survey conducted on IT and security professionals, 71% said they've seen an increase
in security threats or attacks since the start of the COVID-19 outbreak.
Looking at the top threats, 55% pointed to phishing attacks, while 32% cited
malicious websites that claim to provide information or advice about the virus.
Increasing scrutiny over the identity verification requirements during the
epidemic will be an important factor in improving cyber security for remote
workers in order to reduce related cyber threats.
Geographically, North America generated the largest revenue in
powered air-purifying respirator market in 2019 and is expected to continue its
dominance over the forecast years. Furthermore, sustainable and
well-established economies, which empower it to invest significantly in R&D
activities, thereby contributing to the development of new technologies in
malware analysis is the key factor driving the market in the North America
region. Moreover, the presence of most of the key players is projected to be
the major factor in heightening the growth of the malware analysis market in
the North America region. Contrariwise, the Asia Pacific region is expected to
witness the highest growth rate during the projection period, due to growing
penetration of internet, increasing usage of mobile data, and growing trend of
using BYOD among enterprises.
The report on the global malware analysis market covers segments such
as component, deployment model, enterprise size, and industry vertical. On the
basis of component, the sub-markets include solution, and services. On the
basis of the deployment model, the sub-markets include on-premises, and cloud. On
the basis of enterprise size, the sub-markets include large enterprises, and SMEs.
On the basis of industry vertical, the sub-markets include aerospace &
defense, BFSI, public sector, retail, healthcare, IT & telecom, energy
& utilities, and others.
The report provides profiles of the companies in the market such
as FireEye, Cisco Systems Inc., Palo Alto Networks, Inc., Sophos Group,
Symantec Corporation, Kaspersky Lab, Fortinet, Check Point Software
Technologies, Qualys, and Trend Micro.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical
tools such as Porter's five forces analysis and DRO analysis of the malware
analysis market. Moreover, the study highlights current market trends and
provides forecast from 2020-2026. We also have highlighted future trends in the
market that will affect the demand during the forecast period. Moreover, the
competitive analysis given in each regional market brings an insight into the
market share of the leading players.