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Malware Analysis Market Size Worth USD 61.87 Billion in 2030<br>
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Malware Analysis Market Size Worth USD 61.87 Billion in 2030 www.emergenresearch.com Increasing adoption of IoT devices by several enterprises and emerging trend of BYOD outcomes are key factors driving malware analysis market revenue growth
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Market Summary The global malware analysis market size was USD 5.30 Billion in 2021 and is expected to register a revenue CAGR of 31.6% during the forecast period, according to latest analysis by Emergen Research. Rapid Increase in frequency of malware attacks and ever-changing threat landscape and sophistication of malware attacks on different touchpoints are crucial factors driving market revenue growth. In addition, increasing adoption of IoT devices by several enterprises and emerging trend of BYOD are driving malware analysis market revenue growth. Hackers can infiltrate a network and cause havoc in a number of ways due to various manufacturers and apps made for each IoT device. Every connected device is a possible entry point for hackers who want to use IoT ransomware to extort money. To acquire network access, hackers infect IoT devices with malware and transform them into botnets, which can be used to probe and analyze onboarding processes. In addition, there is rising demand for malware analysis by businesses that want to take advantage of IoT devices and safeguard their hardware and networks from more sophisticated ransomware attacks. Moreover, incidences of ransomware attacks have significantly increased in recent years. For instance, on 7 May 2021, Colonial Gas\' computer systems were hacked by a malevolent entity (identified as the DarkSide organization) who threatened to disclose data unless Colonial Gas paid a ransom. To control danger, Colonial Gas took sections of its IT offline, which required business to shut down large chunks of its 5,500-mile gasoline pipeline, suspending 2.5 million barrels of fuel supplies every day. www.emergenresearch.com
Market Summary • Key Highlights From The Report • The software segment accounted for largest revenue share in 2021. Malware software provides tools, such as sandbox and Indicator of Compromise (IOC), which come with various benefits. A sandbox is a secure virtual environment that is isolated from rest of the network and used to test and analyze malware samples. Sandboxes provide a versatile and adaptable environment for testing how malware interact with various antivirus products, operating systems, and countermeasures. IOCs assist investigators in identifying an issue on a network or operating system, as well as in tracking down malware, analyzing, and remediating it. Many enterprises are increasingly adopting malware analysis software, which is driving revenue growth of this segment. • The cloud segment accounted for largest revenue share in 2021. Malware samples are analyzed in a virtual environment by cloud-based automated malware services. This is because they offer various benefits, such as snapshots, that can be used to revert virtual machine prior to malware infection, driving revenue growth of this segment. For instance, software providers can set up a virtual machine usually running on windows, then install all required tools for malware analysis and create a snapshot of that virtual machine. Then they can execute malware inside virtual machine and collect all important insights. After the analysis is finished, machine can go back to earlier snapshot and start over with a clean system. • The BFSI segment accounted for largest revenue share in 2021 owing to adoption of malware analysis technology among banks to focus on securing data from various cyber-attacks and protect customers’ data from various fraudulent activities. The war between Russia and Ukraine has created concerns regarding increased malware attacks in banks and financial institutions. The U.S. banks are preparing for cyber-attacks after levying sanctions on Russia. This has increased demand for protections against various malware in the BFSI sector. • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/1120 www.emergenresearch.com
Market Summary • Emergen Research has segmented the global malware analysis market based on component, deployment, vertical, and region: • Component Outlook (Revenue, USD Billion; 2019-2030) • Software • Services • Deployment Outlook (Revenue, USD Billion; 2019-2030) • Cloud • On-premises • Vertical Outlook (Revenue, USD Billion; 2019-2030) • Banking, Financial Services, and Insurance (BFSI) • Government & Defense • Healthcare • IT & Telecom • Manufacturing • Research & Academia • Others • Read More@ https://www.emergenresearch.com/industry-report/malware-analysis-market
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