Malware Analysis Market Statistics - 2026
The global malware analysis market size was valued at $3,271.46 million in 2018 and is projected to reach $24,150.55 million by 2026, growing at a CAGR of 28.5% from 2019 to 2026. Malware analysis refers to the process by which the purpose and functionality of the given malware samples are analyzed and determined. The collected information from the malware analysis provides insights into developing an effective detection technique for the malicious codes. In addition, it is an essential aspect for developing the efficient removal tools that can definitely eliminate malware from an infected system.
The malware analysis market trends include rise in malware and phishing threats, increase in adoption of IoT and BYOD trend among organizations, and surge in government regulations are the major factors that drive the growth of the malware analysis market. However, complexities of device security and usage of free anti-virus solutions are expected to hinder the market growth. On the contrary, increase in adoption of mobile device applications and platforms is expected to provide lucrative opportunities for the market growth in the coming years.
Solution is projected as one of the most lucrative segments.
The BFSI sector dominated the malware analysis market industry in 2018 and is projected to maintain its dominance during the forecast period, owing to the adoption of malware analysis technology among banks to focus on securing data from various cyber-attacks and to protect customers data from various fraudulent activities. Furthermore, the public sector is expected to grow at a significant CAGR during the forecast period, owing to the adoption of malware analysis technology among various government organizations for implementing a secure solution to protect their IT infrastructure.
By Deployment Mode
On-Premise is projected as one of the most lucrative segments.
The report focuses on the growth prospects, restraints, and trends of the malware analysis market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the market.
By Organization Size
Large enterprise is projected as one of the most lucrative segments.
The malware analysis market is segmented on the basis of component, deployment, organization size, industry vertical, and region. Based on component, the market is categorized into solution and service. On the basis of deployment, it is classified into on-premise and cloud. Based on the organization size market is bifurcated into large enterprises and SMEs. Depending on industry vertical, it is divided into aerospace & defense, BFSI, public sector, retail, healthcare, it & telecom, energy & utilities, manufacturing, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, LAMEA.
By Industry Vertical
BFSI is projected as one of the most lucrative segments.
The company profiles of malware analysis market players included in this report are Cisco Systems Inc., Palo Alto Networks, Inc., Sophos Group, Symantec Corporation, Kaspersky Lab, Fortinet Inc., Qualys Inc., McAfee LLC, Trend Micro and FireEye, Inc. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Asia-Pacific would exhibit the highest CAGR of 30.40% during 2019-2026.
Top Impacting Factors
Increase in Adoption of Mobile Device Applications and Platforms
The penetration of mobile devices is witnessing rapid growth due to increase in acceptance of BYOD among organizations. The variety of applications, services, and functions available on mobile devices leads to large amount of data being stored on devices and transferred to and from devices. Most of the data stored on mobile devices contain confidential information, such as usernames, credit card numbers, and passwords. This growth in dependency on mobile devices is inspiring organizations to implement effective malware analysis solutions, such as identity access management (IAM), asset management, unified threat management (UTM), and monitoring and analytics.
Complexities of Device Security
Security is essential in wireless communications & other systems and security issues are projected to become increasingly important and widespread in many devices. The various issues in designing security solutions include price, power, performance, and consistency. With varying security requirements of device manufacturers, a standard security design remains a challenge for most vendors. In addition, the solution providers require content from both security engineers and embedded system designers, which further increases the complexity of the process. Moreover, the facility of providing cryptographic keys to mobile devices during manufacturing hinders a significant risk for mobile device chipmakers.
Covid-19 Impact on the Malware Analysis Market -
- The growth of the malware analysis market is expected to increase during the Covid-19 pandemic outbreak. The incidence of cyber-attack in all industries has been increased during the lockdown. Therefore, the adoption of the malware analytics has been increased in IT sector.
- In addition, the malware analytics help to understand the functionality of the malware and provides quick solution for the malware attack which is also responsible to increase its demand in the organizations which have adopted the work from home facility during the global lockdown.
Key Benefits for Stakeholders:
- The study provides an in-depth analysis of the global malware analysis market along with the current & future trends to elucidate the imminent investment pockets.
- Information about key drivers, restrains, and opportunities and their impact analysis on the market size is provided in the report.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the global malware analysis market from 2019 to 2026 is provided to determine the market potential.
Malware Analysis Market Report Highlights
By Organization Size
By Industry Vertical
Key Market Players
Cisco Systems, Inc., McAfee, LLC., Kaspersky Lab, Qualys, Inc., Trend Micro Incorporated, Fortinet, Inc., Sophos Ltd., Symantec Corporation, Palo Alto Networks, Inc.
The use of malware analysis for the software industry has higher potential for growth. The current business scenario has witnessed an upsurge in the adoption of this technology in developed as well as the developing regions. The companies adopt efficient techniques in an effort to provide customers with innovative and modernized malware analysis offerings.
The emerging trends in the malware analysis market are increase in mainstream awareness among organizations of all sizes when it comes to protecting their information. In addition, increase of ransomware and public hacks into small businesses, nonprofits, and even government agencies is fueling these issues. Due to this, organizations are observing a general increased level of investment by every company trying to protect their sensitive and crucial data.
The global malware analysis market companies are focusing on leveraging new technologies for offering intelligent malware analysis to cater to the evolving end-user requirements. Key players have adopted various growth strategies to enhance and develop their product portfolio, garner maximum market share, and increase their market penetration. The market is witnessing new product launches by the leading players.