According to a new report, published by KBV research, The Global Automated Breach and Attack Simulation Market size is expected to reach $2.5 billion by 2029, rising at a market growth of 31.4% CAGR during the forecast period.
The Services segment is showcasing a CAGR of 32.6% during (2023 - 2029). Businesses may examine, develop, and manage existing cybersecurity with the help of cybersecurity solutions, enabling them to react to disasters and emergencies. These services assist businesses in strengthening their security posture and securing every step of the digital transformation process. In order to identify the various and intricate threat vectors and evaluate the priorities for their mitigation, cybersecurity skill gaps must be determined.
The On-premise segment acquired maximum revenue share in the Global Automated Breach and Attack Simulation Market by Deployment Mode in 2022 thereby, achieving a market value of $1.4 billion by 2029. Security investments are used by many investors. Their intellectual property, reputation, and sensitive data are all protected by this asset class. Additionally, as technology plays an ever-more-important role in how businesses run, protecting digital assets is essential to maintain business continuity and prevent interruptions.
The Managed Service Providers segment has shown the growth rate of 33.2% during (2023 - 2029). Smaller firms without an IT department frequently receive remote IT services from corporations. Because MSPs may frequently remotely access clients' networks and IT systems, they are particularly appealing to hackers. Because a successful assault might have serious consequences for an MSP, data protection remains crucial. As a result, the market is expanding significantly in this segment.
The Configuration Management segment is leading the Global Automated Breach and Attack Simulation Market by Application in 2022 thereby, achieving a market value of $1.1 billion by 2029. Configuration management is a procedure that identifies, maintains, and verifies the information of an enterprise's IT assets and configuration. Configuration management involves setting up a database that holds information about an organization's IT service delivery and management components. Configuration management facilitates the creation of a trustworthy database containing accurate information about IT components.
The North America market dominated the Global Automated Breach and Attack Simulation Market by Region in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $965.2 million by 2029. The Europe market is exhibiting a CAGR of 31.1% during (2023 - 2029). Additionally, The Asia Pacific market would showcase a CAGR of 32.6% during (2023 - 2029).
Full Report: https://www.kbvresearch.com/automated-breach-and-attack-simulation-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Qualys, Inc., Rapid7, Inc. (IntSights), Sophos Group PLC (Thoma Bravo), Keysight Technologies, Inc., Skybox Security, Inc., NopSec.com, Inc., ReliaQuest, LLC, SCYTHE Inc., CyCognito Ltd. And FireEye, Inc.
By Offering
By Deployment Mode
By End User
By Application
By Geography
Companies Profiled