The rapid growth and evolution of cyber threat landscape along with the increased complexity is creating challenges for the security operation centers, to respond to these attacks faced by today’s modern enterprises.
Therefore, enterprises are adopting advanced malware detection solutions to overcome the challenges of traditional security controls and to protect against the broader problem of advanced malware.
Moreover, the adoption of advanced malware detection solutions and AI-based techniques is enabling enterprises to detect advanced malware and convert threat information into immediate action and protection.
Also, the adoption of advanced malware detection solution is increasing to protect businesses from the damage caused with the surge in complex malware attacks and data breaches incidents.
Advanced malware detection solution offers an integrated approach to endpoint security and analyzes file activity across the network to help businesses in quickly contain, detect, and remove advanced malwares.
Moreover, despite of substantial investments in wide range of security products, businesses around the world continues to be the victims of advanced malware attacks and data breaches.
Therefore, due to this factor, the demand for advanced malware detection is increasing to cater the challenges occurred due to advanced malwares and data breaches.
Impact of COVID-19 on Advanced Malware Detection (AMD) Market
The emergence of COVID-19 pandemic has brought slowdown in economic growth, disrupting the supply chains, resulting in fall in business confidence.
However, the COVID-19 outbreak also brings the high spending on advanced solutions and technologies such as cloud computing, IoT, AI, and enterprise mobility.
The rise in remote access, mobility solutions, and cloud-based resources due to COVID-19 outbreak is pushing enterprises to constantly balance network and data vulnerability and therefore, due to this factor, the demand for next-generation security solutions is expected to increase among the businesses.
Moreover, enterprises are also focusing on enhancing enterprise security spending to overcome the challenges caused by remote working which is one of the key factors creating potential growth opportunities for the growth of advanced malware detection market at this time of pandemic.
According to estimates, the advanced malware detection market is estimated to increase 1.5X during 2020-2022. Also, owing to the outbreak of COVID-19 the advanced malware detection market is expected to witness the growth of around 20% in 2020 and 2021 which was around 15% in 2018 and 2019.
Advanced Malware Detection (AMD) Market: Market Dynamics
The growing the adoption of IoT based solutions, continuous rise in demand for advanced cyber security solutions, and increasing complex advanced malware attacks are some of the major factors driving the growth of advanced malware detection market.
Also, with the rising adoption of digital solutions and technologies such as cloud computing and AI, the need for advanced network security architectures is increasing which is driving the growth of advanced malware detection market.
Moreover, the advancement in the security management solutions and increasing focus of businesses and government to have higher level of awareness regarding the increasing advanced malwares are some of the key factors propelling the growth of advanced malware detection market.
Furthermore, the growing trend of BYOD (Bring-Your-Own-Device) and rising internal and external threats among the enterprises are also among the major factors driving the growth of Advanced Malware Detection market.
The high cost of advanced malware detection solutions and reluctance of small and medium organizations towards the adoption of advanced security solutions due to budget concerns are some of the key challenges which may hamper the growth of advanced malware detection market in near future.
Advanced Malware Detection (AMD) Market: Competition Landscape
Leading players in the advanced malware detection market are coming with innovation and advanced solutions to meet the ever-changing demand for next generation security solutions.
Also, leading players in the advanced malware detection market are focusing on entering into partnerships and collaborations to better serve the customers and to enhance their capabilities and roadmaps of advanced security solutions.
Some of the key players in the advanced malware detection market are
- Cisco Systems, Inc.
- Palo Alto Networks, Inc.
- Juniper Networks
- Sophos, Ltd.
- Trend Micro, Inc.
- Check Point Software Technologies
- WatchGuard Technologies
Advanced Malware Detection (AMD) Market: Regional overview
On the basis of regions, North America and Europe are leading the advanced malware detection market owing to the high adoption of digital technologies, high spending on advanced cyber security solutions by enterprises, and presence of leading advanced malware detection providers in the region.
Moreover, the advanced malware detection market in Asia Pacific is also expected witness substantial growth opportunities, owing to the rising adoption advanced security solutions among the enterprises to strengthen their IT framework.
Furthermore, the rising BYOD trend and remote working is compelling businesses in these region to strengthen enterprise IT security which is expected to drive the Advanced Malware Detection market.
The Advanced Malware Detection market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment.
The market report also maps the qualitative impact of various market factors on market segments and geographies.
The report covers exhaustive analysis on:
- Advanced Malware Detection Market Segments
- Advanced Malware Detection Market Dynamics
- Advanced Malware Detection Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in Advanced Malware Detection Market
- Technology Landscape
- Value Chain of the Advanced Malware Detection Market
- Market Drivers and Restraints
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Rest of Latin America)
- Europe (Germany, Italy, U.K, Spain, France, BENELUX, Russia, Rest of Europe)
- East Asia (China, Japan, & South Korea)
- South Asia & Pacific (India, ASEAN, Australia & New Zealand, Rest of South Asia)
- Middle East and Africa (GCC Countries, Turkey, South Africa, Rest of MEA)
- Detailed overview of parent Advanced Malware Detection market
- Changing Advanced Malware Detection market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of Advanced Malware DetectionMarket
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Advanced Malware Detection (AMD) Market: Segmentation
The Advanced Malware Detection market has been segmented on the basis of component, enterprise size, and vertical.
basis of Component:
- Email Security
- Next Generation Firewall
- Web Security
- Cloud Access Security Broker
- Professional Services
- Managed Services
basis of enterprise size:
- Small & Medium Enterprises
- Large Enterprises
basis of vertical:
- IT & Telecom
- Travel & Hospitality
- Energy & Utilities
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