Market Research

Malware Analysis Market is Surging with 29.2% of CAGR till 2027 – Competitive Outlook by CrowdStrike, FireEye, Fortinet, Palo Alto Networks, Qualys

May 28, 2020 2:10 AM ET
iCrowd Newswire – May 28, 2020

As cyber attackers discover new sophisticated ways to encrypt their malicious payloads as well as even entire malware packages, defenders find it further difficult to analyze and defeat this software. The threat of massive automated malware creation along with enhancement in obfuscation techniques could considerably reduce the percentage of sample information that can be analyzed by security firms. Thus, the constant change in the attack behavior has resulted in the adoption of a more comprehensive and vigilant malware analysis tool by the enterprises.

According to the new research report published by The Insight Partners, titled “Malware Analysis Market – Global Analysis and Forecast to 2027”, the global malware analysis market is expected to reach US$ 24.8 Bn in 2027, registering a CAGR of 29.2% during the forecast period 2019-2027.

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Malware analysis market is segment based on the software and services. The solution segment led the malware analysis market, by component in 2018; it is anticipated to continue its dominance during the forecast period. Malware analysis verifies malicious code to identify it on a host or network and to revel how it works and how to eliminate it. It is one of the key component of overall security strategy. Malware analysis is highly benefited for incident response. As technical indicators are reveled, responders can further identify other resources affected by the same malware. It also provides the information required for effective recovery and eradication.

As per a study conducted by Kaspersky, during the first half of 2018, IoT Malware explicitly designed for IoT devices propagated three-fold with more than 120,000 modifications of malware. Cybercriminals may have various motives for exploiting IoT devices; however, the most common purpose was to create botnets that would be used to enable DDoS attacks. Certain of the malware modifications identified by Kaspersky Lab were even customized to disable competing for malware. Moreover, according to F-Secure Corporation’s ‘Attack Landscape H1 2019’, attacks against SMB ports, as well as IoT devices, are accelerating at an extraordinary rate. It measured a three-fold surge in attack traffic to over 2.9 Bn events. Among these attacks, 2.1 Bn were on the TCP ports, chiefly used on IoT devices. Also, Mirai malware, which proliferated in 2018, is persistent in highly-targeting these device.


Malware Analysis Market Strategic Insights

Market initiatives such as merger & acquisition and new developments were observed to be most adopted strategy in the global malware analysis market. Few of the recent market initiatives are listed below:

2018: AT&T completed the acquisition of AlienVault to provide more effective cybersecurity solutions. The company’s new standalone cybersecurity solutions business division would focus on making AT&T’s extensive cybersecurity capabilities and technologies accessible to businesses of all sizes around the globe.

2019: Broadcom Inc. announced the acquisition of Symantec Corp.’s enterprise security business. The acquisition effectively split Symantec into two, with Broadcom taking over its portfolio of enterprise security products and the Symantec brand name. Symantec is left with its consumer product portfolio, which includes the Norton antivirus software and LifeLock identity protection brand.

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