Global Malware Analysis Market Size, Share, Growth Analysis, By Component(Solutions and Services), By Deployment mode(Cloud and On-Premises) - Industry Forecast 2023-2030

Market Insights

Global Malware Analysis Market size was valued at USD 5.07 billion in 2021 and is poised to grow from USD 6.58 billion in 2022 to USD 53.7 billion by 2030, at a CAGR of 30% during the forecast period (2023-2030).

The Global Malware Analysis Market encompasses the assessment and identification of malicious software, providing insights into cyber threats. It is driven by escalating cyberattacks and the need for robust security solutions. The market includes various techniques such as dynamic and static analysis, sandboxing, and threat intelligence. Key players offer advanced solutions to detect, analyze, and counter malware, ensuring data and system protection for businesses and individuals. The market's growth is fueled by increasing digitalization and the constant evolution of malware complexities.

Top-down and bottom-up approaches were used to estimate and validate the size of malware analysis and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined by using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Segmental Analysis

The global malware analysis market is Segmented on the basis of component, applications, deployment mode, and geography. Based on components, the global malware analysis market is divided into solutions and services. Based on deployment mode, the global malware analysis market is divided into cloud and on-premises. Based on applications, the global malware analysis market is divided into SMEs and large enterprises. By region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Drivers

Emerging Cyber Threat Landscape

The continuous increase in the occurrence and complexity of cyber threats, such as malware assaults, continues to be a major catalyst for the growth of the malware analysis market. Businesses spanning different industries are under pressure to enhance their cybersecurity strategies in response to the possible financial, reputational, and operational consequences associated with these dangers. This sense of urgency drives the need for sophisticated malware analysis solutions capable of efficiently identifying, examining, and addressing ever-changing threats.

Restraints

Resource Demands

Establishing and overseeing effective malware analysis solutions can place a substantial demand on organizational resources, especially among smaller entities constrained by modest budgets and IT capacities. The setup of these solutions commonly mandates dedicated staff, hardware provisions, and software tools to ensure proficient functionality. This might strain financial resources and redirect focus from other vital sectors, prompting a need for a thorough cost-benefit evaluation before committing to extensive malware analysis remedies.

Market Trends

E-Commerce and the expansion of online retail were already in motion by 2021. The COVID-19 pandemic significantly expedited this shift as more individuals resorted to online avenues for shopping due to lockdowns and safety considerations. This inclination encompasses not just conventional e-commerce sites but also the emergence of social commerce. This innovative approach amalgamates social media platforms with shopping functionalities, creating a fusion between social engagement and retail therapy.