Malware Analysis Tools Software Market Size, Share, Growth, and Industry Analysis, By Type (Cloud Based, On-premises), By Application (Large Enterprises, SMEs), Regional Insights, and Forecast To 2032

Updated On: 22 April 2024

Malware Analysis Tools Software Market REPORT OVERVIEW

The global Malware Analysis Tools Software Market size was USD 4.90 billion in 2021. As per our research, the market is projected to touch USD 21.19 billion by 2028, exhibiting a CAGR of 22.8% during the forecast period.

The global COVID-19 pandemic has been unprecedented and staggering, with the global malware analysis tools software market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

Malware refers to a broad range of disruptive software created by hackers. Malware analysis uses several tools, strategies, and procedures to extract information from the malware when doing a static and dynamic examination. It is a technique for extracting as much information as you can from malware in order to identify the virus's main goal. Malware analysis is the process used to assess and determine the purpose and functionality of malware samples. The information obtained from the malware analysis provides ideas for formulating a technique that may successfully identify harmful software.

COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market

The COVID-19 outbreak caused temporary business closures as well as supply chain and manufacturing disruptions, which in turn reduced the development of telecom infrastructure and had a negative effect on the sales and marketing efforts of rugged phone companies competing in the market. The effects were severe, particularly for startups and small- to medium-sized businesses operating in this industry. Companies did, however, make a lot of restructuring efforts to address the supply chain difficulties and improve collaboration with suppliers and partners to lessen the negative market impact.

LATEST TRENDS

"Emerging Trends in the Malware Analysis Tools Software Market"

Adoption of malware analysis is also being driven by how sophisticated malware attacks are becoming on several touchpoints to encrypt a victim's file. A form of software known as ransomware locks down files on a computer and prohibits individuals or organizations from accessing them. Cyberattacks encrypt these files and demand a ransom payment in exchange for the decryption key, leaving businesses with little choice but to pay the ransom in order to regain access to their data. Phishing is also a serious risk and the root of many security problems. Unintentionally downloading malware onto their computers is possible for individuals who open a malicious attachment or click on a phony link in a phishing email. Malware occasionally could infect more computers over a computer network.

Malware Analysis Tools Software Market SEGMENTATION

• By Type

Based on type the Global Malware Analysis Tools Software Market share is classified as Cloud Based, On-premises.

• By Application

Based on application the Global Malware Analysis Tools Software Market is classified as Large Enterprises, SMEs.

DRIVING FACTORS

Increased use of smartphones, COVID-19, and technological developments in security firms. Bring-your-own-device (BYOD) policies are being adopted by businesses to streamline operations. This simultaneously raises the threat from malware and data, improving the company's security prospects. Multiple security layers are required for the new mobile platforms and applications that employees use when working from home. The sales of malware analysis systems are being pushed by the new suppliers' increased precision and accuracy in monitoring and scanning the data while reducing false alerts.

Advanced malware analysis technologies are greatly needed to properly combat these threats due to the increasing frequency and sophistication of malware attacks. Security experts need increasingly advanced tools as malware continues to adapt and change, in order to stay up with the shifting strategies and methods employed by malicious actors. Better tools are required to recognize, evaluate, and mitigate threats as businesses and consumers rely more on digital systems, increasing the potential impact of malware attacks. Organizations are using efficient malware analysis solutions including identity access management (IAM), asset management, unified threat management (UTM), and monitoring and analytics as a result of the increase in reliance on mobile devices.

RESTRAINING FACTORS

"Challenges Impeding the Growth of the Malware Analysis Tools Software Market"

The adoption of free antivirus software and built-in system security management program is impeding the expansion of the malware analysis market. The use of substitute techniques like closed-loop malware eradication solutions further limits the spread of malware analysis tool sales into new markets. As COVID-19 has harmed the corporate spaces' financial structure, businesses are switching to free platforms. It is important to locate and challenging to analyses the information gathered about any malware. The largest obstacle to the expansion of the malware analysis business is the high capital expenditure and the workforce's incompetence. Additionally, new varieties of malware that are challenging to monitor and track are complicating the development process for the manufacturers.

Malware Analysis Tools Software Market REGIONAL INSIGHTS

"Exploring Regional Dynamics in the Malware Analysis Tools Software Market"

The market in North America accounted for the malware analysis tools software market share. This area's economy is stable and well-established, allowing it to make significant investments in R&D that led to the creation of new malware analysis software. The market is anticipated to expand as a result of established players and start-ups in the area providing cutting-edge malware analysis services and solutions to fulfil customer needs.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

This market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.

List of Market Players Profiled

• Filewall (U.S.)
• Comodo (U.S.)
• Intezer (Isarel)
• VirusTotal (Spain)
• McAfee (U.S.)
• WildFire (U.S.)
• Symantec (U.S.)
• Any.Run (Russia)
• Avira (Germany)
• Cuckoo Sandbox (Italy)
• FireEye (U.S.)
• Hybrid Analysis (U.S.)
• Immunity Debugger (U.S.)
• IObit Cloud (China)
• Joe Security (Germany)
• MalZilla (U.S.)
• PolySwarm (U.S.)

REPORT COVERAGE

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of several factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.