According to a new report, published by KBV research, The Global Attack Surface Management Market size is expected to reach $5.9 billion by 2031, rising at a market growth of 30.4% CAGR during the forecast period.
The Cloud segment is generating the highest revenue in the Global Attack Surface Management Market by Deployment Mode in 2023; thereby, achieving a market value of $3.4 billion by 2031. Cloud adoption expands the attack surface by introducing new entry points, vectors, and vulnerabilities that adversaries can exploit. With data and workloads distributed across multiple cloud providers, regions, and services, organizations face challenges maintaining visibility and control over their cloud-based assets and ensuring consistent security policies and controls. Thus, these factors will pose lucrative growth prospects for the segment.
The Services segment is registering a CAGR of 31.5% during (2024 - 2031). Organizations increasingly seek consulting and advisory services from specialized cybersecurity firms to assess their attack surface, identify vulnerabilities and gaps, and develop comprehensive security strategies and roadmaps. Consulting services may include attack surface assessments, risk assessments, gap analysis, security architecture design, and compliance advisory, helping organizations understand their security posture and prioritize investments in attack surface management solutions and capabilities. Thus, these factors can lead to increased demand in the segment.
The Large Enterprise segment is leading the Global Attack Surface Management Market by Enterprise Size in 2023; thereby, achieving a market value of $3.9 billion by 2031. Large enterprises are prime targets for cyber-attacks due to their high-profile brand reputation, vast amounts of sensitive data, and financial resources. Cybercriminals often target large enterprises with sophisticated and targeted attacks aimed at stealing intellectual property, financial information, or disrupting operations.
The BFSI segment is experiencing a CAGR of 29.5% during (2024 - 2031). The BFSI sector is a high-value target for cybercriminals seeking to steal financial assets, perpetrate fraud, or disrupt critical financial services. Cyber attacks targeting BFSI organizations can have severe financial, reputational, and regulatory consequences, making robust cybersecurity defenses a top priority for the industry. Thus, these factors will lead to enhanced growth in the segment.
Full Report: https://www.kbvresearch.com/attack-surface-management-market/
The North America region dominated the Global Attack Surface Management Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2.1 billion by 2031. The Europe region is anticipating a CAGR of 30% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 31.6% during (2024 - 2031).
By Deployment Mode
By Component
By Enterprise Size
By Vertical
By Geography
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