ID: MRFR/ICT/8899-HCR | February 2021 | Region: Global | 100 pages
Global Automated Breach & Attack Simulation Market size is expected to register an exponential CAGR during the forecast period.
Breach & attack simulation enables simulation, validation, and remediation of possible vulnerabilities and ways utilized by unethical hackers to the organizational resources. The red and blue teams perform security tests manually frequently. But as they do this on time-to-time, they create a gap between two tests, which is considered enough to attack and gain access to the valuable organizational assets. Hence, to overcome this drawback, cybersecurity providers have automated this with the same critical functions as those of red & blue teams in a continuous and automated manner, hence, the name automated breach & attack simulation.
The automated breach & attack simulation market is driven by an increase in cybersecurity issues and an increase in the adoption of digital platforms and services. Additionally, the automated breach & attack simulation benefits such as consistent attacks with the help of an automated system, at par attack methods and tools, and a fully controlled environment are also expected to contribute to the growth of the global market. However, market growth is hampered by the high costs associated with the adoption of the system.
Global Automated Breach & Attack Simulation Market has been segmented based on Component, Deployment, Application, End-User, and Region.
By component, the global automated breach & attack simulation market has been divided into solution and service [training, red teaming, and on-demand analyst].
Based on deployment, the global automated breach & attack simulation market has been divided into on-premise and cloud-based.
By application, the automated breach & attack simulation market is divided into configuration management, patch management, credentials management, threat intelligence, and others.
Based on end-user, the global automated breach & attack simulation market has been divided into security teams, enterprises, data centers, managed service providers, and others.
The global automated breach & attack simulation market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
Global Automated Breach & Attack Simulation Market is estimated to register an exponential CAGR over the forecast period. The geographic analysis of the global automated breach & attack simulation market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America is expected to hold the largest market share due to an increase in demand for automated breach & attack simulation solutions and services in this region. The US is expected to lead the market in North America owing to the factors such as the presence of players such as Aujas (US), SafeBreach Inc. (US), Optiv Security Inc. (US), Marlabs Inc. (US), Netsecuris LLC (US), and AttackIQ (US).
The European market for automated breach & attack simulation is expected to stand at the second position during the review period mainly due to the rapid economic growth across countries such as the UK and Germany. Additionally, the increase in the number of organizations adopting automatic solutions for breach & attack simulation boosts the market growth in the region.
Asia-Pacific is segmented into China, India, Japan, and the rest of the Asia-Pacific and is expected to be the fastest-growing region mainly due to the digital transformation taking place in cybersecurity across industry verticals mainly due to emerging economies such as China and India are growing at a fast pace. Furthermore, China is expected to stand in the leading position, while India is projected to be the fastest-growing country during the forecast period. The Chinese market is expected to report the highest market share mainly due to the rapid developments in artificial intelligence, the increasing use of internet of things (IoT) devices, and global connectivity, raising the potential risk of cyberthreats.
The automated breach & attack simulation market in the Middle East & Africa and South America is expected to report significant growth during the study period.
Global Automated Breach & Attack Simulation Market is witnessing a high growth mainly due to demand for transformation of customer experience for the solutions and services they are availing. Major players have opted for partnerships, acquisitions, and product enhancement as their key organic growth strategies to enhance their positions in the market and cater to the demands of end-users. Additionally, the industry players are competing over the benefits offered by the automated breach & attack simulation.
Impact of COVID-19
Global Automated Breach & Attack Simulation Industry has reported an increase in the demand for automated breach & attack simulation solutions and services mainly due to a large number of organizations shifting their workforce to work from their homes, expanding the demand for digital solutions and increase the risk for cyberattacks from unethical hackers. The adoption of automated breach & attack simulation platforms has benefitted several industry verticals in making their businesses operate seamlessly while narrowing the gap between existing security infrastructure and cyberattackers using the advanced methods to penetrate the organizational resources. For instance, the automated breach & attack simulation with the help of red teaming services offered by the industry players has automated attacks that were previously carried out manually.
The key players in the global automated breach & attack simulation market are identified based on their country of origin, presence across different regions, recent key developments, product diversification, and industry expertise. These include XM Cyber (Israel), Cymulate (Israel), Aujas (US), Elasticito Limited (UK), SafeBreach Inc. (US), Optiv Security Inc. (US), Traxion (Netherlands), Layer 8 Solutions (Canada), Carbonsec (Slovenia), Marlabs Inc. (US), Netsecuris LLC (US), Guardicore (Israel), Larsen & Toubro Infotech Limited (India), eSafe IT (Ethiopia), and AttackIQ (US). The key strategies adopted by most of the players are partnerships, acquisitions, agreements, and collaborations.
Global Automated Breach & Attack Simulations Market, 2018–2026 (USD Billion)
Source: MRFR Analysis