asia pacific malware analysis Market

The malware analysis market in Asia-Pacific is expected to grow from US$ 185.3 Mn in 2018 to US$ 603.5 Mn by the year 2027 at a CAGR of 15.9% during the forecast period.

The constantly increasing number of connected devices is attracting cybercriminals, as they can have access to more systems and data. As the number of IoT devices has been growing enormously, the IoT Botnet attack is also expected to increase. In the coming years, the development of such bots is estimated to grow, implying immense pressure on the technology companies to raise their network security measures. The trend is expected to have a noteworthy impact on the malware analysis market by driving its demand into various technology sectors.

However, with the increasing adoption of digital technologies such as IoT, Big Data, and AI, throughout business as well as society at large, the growing connectivity of everything has created challenges in terms of compliance, security, and data protection. Thus, addressing new malware trends is propelling the adoption of malware analysis tools.

On the basis of component the solution segment led the APAC market in 2018 with a good market share and is expected to continue its dominance during the forecast period. The solution segment led the malware analysis market, by component, with good market share in 2018; it is anticipated to continue its dominance during the forecast period, thereby accounting for good share of the malware analysis market by 2027. Malware analysis helps to gain insights of cyber-attacks, empowers business by offering automated analysis of malware and its features, interactive behavior analysis, static properties analysis, and others.

The overall Asia-Pacific malware analysis market size has been derived using both primary and secondary sources. The research process begins with exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the Asia-Pacific malware analysis market. It also provides an overview and forecast for the malware analysis based on all the segmentation provided with respect to the Asia-Pacific region. Also, primary interviews were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, and external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the mater data system industry. Some of the players present in malware analysis are AT&T Inc, AO Kaspersky Lab, Broadcom, Inc, among others.