Market Synopsis:
The breach and attack simulation market 2020 is supposed to gain edge due to rising popularity. This service is associated with the test of the security platform of the enterprises. Increasing digitization is presumed to pave the way for the large-scale adoption of breach and attack simulation. A report circulated by Market Research Future (MRFR) underscores that the global breach and attack simulation market is presumed to strike 41.36% CAGR over the review period 2019 to 2025. It is also prognosticated to reach breach and attack simulation market size of USD 1109.5 Mn by 2025 end, up from USD 102.64 Mn in 2018.
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Rising threats posed by cyberattacks have led to an exponential increase in the adoption of security platforms. This, in turn, is prognosticated to augment the breach and attack simulation market on the global front in the foreseeable future. Increasing dependence on data generated through digital sources for crucial decision making is expected to influence the market positively. In addition, the rising deployment of data centers is expected to catapult the breach and attack simulation market on upward trajectory. Latest trends of green data centers are anticipated to boost its deployment due to lowered emission levels. This, in turn, is expected to impact the breach and attack simulation market demand greatly in the forthcoming years.
The organizations are prioritizing investments in security solutions. This is anticipated to motivate the growth of the breach and attack simulation market in the near future. Also, the availability of technologically advanced security services is anticipated to augment the breach and attack simulation market. Furthermore, the availability of the solution on a subscription-based model is expected to accelerate revenue generation for the players in the breach and attack simulation market. Innovative technological breach and attack simulation market trends are also poised to impact the growth pattern favorably.
Competitive Dashboard:
The key breach and attack simulation market companies are Cymulate (US), Pcysys (Israel), Skybox Security, Inc. (the US), Qualys, Inc. (the US), Rapid7 (US), DXC Technology Company (US), AttackIQ, Inc. (the US), XM Cyber (Israel), SafeBreach Inc. (US), FireMon, LLC (US), Verodin, a part of FireEye (US), NopSec (US), Threatcare (US), MazeBolt Technologies (Israel), Scythe (US), and Cronus Cyber Technologies (Israel).
Market Segmentation:
Based on component, the segments of the breach and attack simulation market are tools/platforms and services. The sub-segmentation of the services segment covers training and an on-demand analyst.
On the basis of application, the breach and attack simulation market has been segmented into configuration management, threat intelligence, patch management, and others.
On the basis of end-user, the breach and attack simulation market has been segmented into enterprises, managed service providers, and data centers.
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Regional Analysis:
The geographical evaluation of the breach and attack simulation market has been covered for the following main regions – North America, Europe, Asia-Pacific, and the Rest of the World (RoW). These regions are further analyzed in detail on the basis of countries. North America is the leading region of the breach and attack simulation market. It is highly accredited to the developing technological infrastructure of the region. New players are projected to enter the regional market, which is also projected to augment the market. Increasing investments in security solutions and rising cyberattacks are prognosticated to drive the growth of the regional breach and attack simulation market. The U.S. is presumed to have a favorable share of the breach and attack simulation market. APAC is poised to expand Increasing demand for cloud-based services in the region is prognosticated to boost the growth rate of the breach and attack simulation market.
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