Automated Breach and Attack Simulation Market Snapshot (2023 to 2033)
The global automated breach and attack simulation market was estimated to reach a valuation of US$ 95.31 Million in the year 2022. With a rapidly surging CAGR of 33.3% from 2023 to 2033, this market is expected to reach US$ 127.05 Million by 2023 and US$ 2250.53 Million by 2033. The primary drivers of the market can be:
The demand for security software to protect data transmitted through cloud technology has surged as a result of the surge in the use of cloud-based technologies.
The prevalence of automated breach and assault simulation software has also increased as a result of the rise in global cyberattacks.
The ability to identify weaknesses and offer suggestions for preventative security solutions.
Automated breach and attack simulation is a form of sophisticated computer security testing methodology that looks for security flaws in various security settings by modeling the attack pathways and techniques that adversarial actors are likely to use. In comparison, these solutions are inexpensive to maintain and have simple installation procedures. To stop loss from cyberattacks, it continuously provides security testing, which can be called its primary driving factor during the forecast period of 2023 to 2033.
These technologies assist end users in finding weaknesses in the current security framework and enhancing data protection. The expanding volume of corporate data and the increased need for analytics tools and data security solutions to improve organizational security as well as facilities' overall operational efficiency are the main drivers of market expansion. In comparison to human-based penetration testing services, this has been shown to be more effective and affordable. During the projected period, it is anticipated that the demand for security expenditures would increase along with the difficulty of managing vulnerabilities from multiple sources.
In the upcoming years, it is anticipated that the market for automated breach and attack simulation would rise owing to the increasing complexity of sustaining security risks caused by an increase in attack vectors. In cybersecurity, a hacker can enter a network without authorization and harm. It enables hackers to introduce various virus strains, take advantage of system flaws, and execute cyberattacks. For instance, a 2020 survey found that insider risks affect over 34 percent of global organizations each year and that during the previous two years, the frequency of insider incidents has increased by 47%. Therefore, the primary driver of the industry is the increase in attack vectors.
A crucial trend that is gaining traction in the automated breach and attack simulation industry is a technological improvement. To be competitive in the automated breach and attack simulation industry, businesses that operate in it always concentrate on releasing innovative technology.
For instance, Rapid7, a computer and network security business with headquarters in the USA, introduced a proactive strategy for end-to-end detection as well as response in October 2020. By extending the 24x7 end-to-end risk identification and response capacity, these upgraded technologies can reduce attacker dwell time, lengthen reaction times, and handle user and endpoint attacks.
For example, Revolutionary Security LLC was purchased by Accenture plc, an Irish provider of information technology and services, in April 2020 for an unidentified sum. Accenture plc hopes to expand its offering of cyber security products with this purchase and provide clients with better data protection solutions to secure their businesses throughout their whole ecosystem. A USA-based business called Revolutionary Security LLC provides cybersecurity services such as security programme creation, testing, and evaluation. Such developments are expected to accelerate the revenues in the global market for automated breach and attack simulation during the forecast period.
Data Point
Key Statistics
Expected Market value in 2023
US$ 127.05 Million
Expected Market value in 2033
US$ 2250.53 Million
Growth Rate (2023 to 2033)
33.3% from 2023 to 2033
Cyber-attacks have evolved dramatically over past few years regarding their capability, scope, fallout, number of targets. The damage from cyber-attacks reaching all-high time. Organizations are now prioritizing the security posture and are adopting security solution for making sure that they are resilient to cyberattacks.
Since the testing the cybersecurity posture of organization has become the top priority the adoption of various testing solution like automated breach and attack simulation has increased.
Automated breach and attack simulation is advance computer security testing technique that identifies vulnerabilities in security environment by mimicking the likely attack paths and techniques used by malicious attacker. These automated tools run simulated attacks for measuring the effectiveness of a company’s detection, prevention and mitigation capabilities.
Automated breach and attack simulation helps organizations to evaluate their security posture in automated, continuous and repeatable way.
Organizations are using automated breach and attack simulation platform for assessing how effective the company’s security procedure infrastructure, vulnerabilities and techniques are. The vulnerability gaps are exposed by simulated attacks and that allow organizations to determine whether the configurationsare properly implemented and the security architecture provides the right protection.
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How is Need for Automation Reshaping theAutomated Breach and Attack Simulation Market?
Automation is one of key factor for improving productivity in enterprise security operations centers. For instance, an automated response system for incidents helps in classifying and resolving low-complex, high-volume events with little or no human intervention, leaving more time for professional security staff to tackle more complicated issues.
This is important, not only because more devices produce more jobs, but also because attacks are becoming more and more sophisticated. However, if the same system can centralize data from existing security software, it streamlines operations by reducing the number of tools which are used by the analysts for initial triage warnings.
And if the system can capture standardization and recycle procedures, by reducing duplicative work, it further increases productivity.
What are the Key Trends Impacting Growth of the Automated Breach and Attack Simulation Market?
The emerging trend in digitization creates potential growth opportunities for new cyber threats, leading companies arepreferring cyber security solutions to ensure that any unauthorized users are unable to access the organization’s critical data and information.
Digitization has resulted in multi-channel convergence and several other weak product interfaces. Sustaining cybersecurity threats by protecting information with cyber-secure IT infrastructure is therefore vital for businesses. As a result of the increasing trend in digitization, demand for automated breach and attack simulation solutions is increasing at a relatively high rate, driving growth in the global market.
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Why the Demand for Automated Breach and Attack Simulation Market is Increasing?
Previously, organizations relayed on security solutions and approaches to safeguard and maintain critical information integrity. However, due to increase in cyber-attacks and data theft activities, businesses are concentrating on finding advanced security solutions for securing the information deployed on the cloud as well as on-site and improving the internal security framework.
The companies have experienced attacks like email phishing, DDoS attacks, man-in-the-middle attack and social engineering attacks.
Moreover, large organizations around the world are adopting and implementing cybersecurity solutions for their business applications deployed on the cloud as well as on premise, and facilitating other small enterprises for understanding the usage of cybersecurity capabilities and Internet security threats.
Positive Outlook towards Enhancing Cyber Security Awareness and Training Programs
Providing security awareness training to enterprises regarding combatting growing cybersecurity threats is expected to create a positive impact on the global cybersecurity market. Cyberattacks are increasing due to unsuspecting personnel activities such as human errors and hacking activities by unauthorized users.
It seems that individuals assume responsibility for their safety on the device and security measures imposed on it, or are unaware of the risks associated with poor cybersecurity practices.
Through focusing on working individuals, it is hoped that results can be used to develop strategies to avoid company cybersecurity lapses. To minimize cyber threats related to human errors and hackers, enterprises need to target the factors that are related to cybersecurity risks and are required to be updated about cybersecurity solutions.
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What are the Key Challenges that may Restrain Growth of the Automated Breach and Attack Simulation Market?
Small and medium organizations in various developing countries are moving slowly towards the adoption of security solutions, since the implementation of security services increases their operational costs. Moreover, such companies do not focus on their network security or cloud-based data security, due to the lack of awareness of the growing risks of cyber-attacks.
Hence, the lack of knowledge about modern security threats, along with budget limitations, are the major challenges for the automated breach and attack simulation market.
Competitive Landscape
Key players such as
Qualsys
Sophos
XM Cyber
Cymulate
AttackIQ
Skybox Security
NopSec
Verodin
Rapid 7
Aujas
Bitdam
Balbix
among others
are actively involved in offering automated breach and attack simulation for wide range of security applications to enterprises of all size.
What strategies are the Key Players adopting for Increasing their Market Share in the Automated Breach and Attack Simulation Market?
Automated breach and attack simulation solution vendors are carrying out different expansion strategies for increasing their presence and market share in the global automated breach and attack simulation market. The automated breach and attack simulation solution vendors to increase their presence in lucrative markets rely on multiple expansion strategies.
These strategies include partnerships & collaborations with other players, acquisitions, and new product launches and strengthening of channel partner networks.
In October 2020, Rapid 7 added and upgraded Active Response within its MDR service. This capability extends the threat detection and response for helping reduce the attacker dwell time, contain user and endpoint threats, accelerate time to response.
In April 2020, Rapid 7 completed the acquisition of Net Fort, the provider of end-to-end network traffic visibility and analytics across cloud, for network visibility, analytics and monitoring for helping customer in securing the networks in advance.
Why is the North America a Big Market for Automated Breach and Attack Simulation?
North America is a leading contributor to the growth of the automated breach and attack simulation market, owing to the increasing demand for security solutions in various multinational organizations in the USA.
Highly publicized data breaches involving large organizations that are targeted by hacking groups are increasingly raising the awareness of cyber threats, as the effects of the data breach on a company’s brand and customer loyalty which can result in the loss of future revenue. Thus, due to this factor, various organizations in the region are moving forward to automated breach and attack simulation solutions.
For instance, the number of data breaches tracked in the USA in 2019 has increased by approximately 60% as compared to 2018, according to the Identity Theft Resource Center and Cyber Scout.
Over the years, it has been observed that many automated breach and attack simulation solution vendors in the region are focusing on launching new and updated solutions to meet the growing need for security solutions for their customers, and cope up with the advancements in technology. This trend is expected to continue in the coming few years, due to the high demand for advanced cloud-based cyber security solutions in the region.
Why Adoption of Automated Breach and Attack Simulation is Increasing in Europe?
In the past few years, due to the advancements in IT infrastructure and mobile technology, various organizations in Europe has been dependent heavily on technology, which has led to an increase in cyber-attacks.
Therefore, to detect and combat the increasing number of threats, multiple organizations in the European countries have been adopting security and vulnerability management solutions in the past few years, and this trend is expected to continue in the coming years.
What is the Repercussion of the Pandemic on the Growth of the Automated Breach and Attack Simulation Market?
COVID-19 has major impact on global economy and has affected various sectors. After the out-break of COVID-19, number of cyber-attacks has increased in various sectors. Cyber attackers are targeting organizations of different sectors. Due to lockdown situation many companies adopted work from home option and the use of VPN is also increasing.
According to estimates, the brute force attack grew around 400% and email phishing that are related to COVID-19 surged since the lockdown. Due to this increasing cyber-attacks, managing security threats for organization had become complicated. To prevent from financial as well as reputational losses the organizations are adopting the automated breach and attack simulation solution.
Key Segments of Automated Breach and Attack Simulation Market Covered in the Report
