PUBLISHER: Grand View Research | PRODUCT CODE: 1789884
PUBLISHER: Grand View Research | PRODUCT CODE: 1789884
Spear Phishing Market Summary
The global spear phishing market size was estimated at USD 1.75 billion in 2024 and is projected to reach USD 4.84 billion by 2033, growing at a CAGR of 12.1% from 2025 to 2033. The market is rapidly evolving to address the growing complexity of targeted phishing attacks aimed at high-value individuals, critical enterprise systems, and sensitive organizational data.
Enterprises are increasingly adopting multi-layered cybersecurity frameworks that incorporate advanced phishing detection tools, AI-enabled email security, and behavioral threat analytics designed specifically to identify and neutralize targeted social engineering threats. Large enterprises, especially in BFSI, government, and healthcare sectors, are expanding their cybersecurity tools to include email security gateways, advanced threat protection (ATP), and identity and access management (IAM) solutions to fight spear phishing. Organizations are also strengthening their human firewall with phishing simulation platforms, security awareness training, and managed detection and response (MDR) services. Small and medium-sized enterprises (SMEs) are adopting cloud-based spear phishing protection solutions to secure remote workforces without high capital costs. Additionally, the market is quickly seeing the rise of AI and machine learning-based detection models that analyze communication patterns and detect unusual sender behavior.
Additionally, the global spear phishing market is bolstered by expanding public-private partnerships focused on threat intelligence sharing and real-time response coordination. For example, the UK's National Cyber Security Centre (NCSC) launched the Suspicious Email Reporting Service (SERS), allowing organizations and individuals to report suspected spear phishing emails directly, aiding in the development of national threat intelligence databases. This collaborative effort is fueling the market's transition from scattered phishing controls to proactive, adaptable cybersecurity systems centered on continuous monitoring, threat prediction, and cross-sector information exchange to enhance cyber resilience across industries.
Global Spear Phishing Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the spear phishing market report based on component, deployment, organization size, end user, and region: