DUBLIN--(BUSINESS WIRE)--The "Automated Breach and Attack Simulation Market by Offerings (Platforms/Tools, Services), Application (Configuration Management, Patch Management, Threat Intelligence), End-Users, Region - Global Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
Currently, the market is in a nascent stage, and is expected to grow substantially to reach USD 724 million by 2024, at a Compound Annual Growth Rate (CAGR) of 40.2% during the forecast period, based on the benefits realized from ABAS.
The ABAS market is projected to witness rapid adoption with some of the core vendors studied being Attack IQ, Cymulate, SafeBreach, Qualys, Skybox Security, MazeBolt Security, XM Cyber, ThreatCare, NopSec, Scythe, FireMon, Secforce, Rapid7, Cronus-Cyber Technologies, Verodin (FireEye), Foreseeti, Proofpoint, eSecurevisio, and Balbix.
Increase in the use of data quality tools for data management to drive the overall growth of the Automated Breach and Attack Simulation (ABAS) market
The market growth is driven by various factors, such as the increasing regulations and compliances, the growing requirement to prioritize security investments, and the complexity of managing regulations and compliances have contributed a considerable share in the ABAS ecosystem.
By services, the training segment is estimated to hold a larger market size in 2019
Cybersecurity training services is a critical requirement for enterprises that face an increasing volume of constantly evolving threats. The Information Technology (IT) security recruits need to be skilled in the advanced techniques and procedures required for effective threat management and mitigation strategies. Training of security personnel with up-to-date knowledge, practices, and procedures helps defend the enterprises against most cyberattacks.
By application type, other threat intelligence to register a higher growth rate during the forecast period
Threat intelligence solutions collect and analyze information about the existing and evolving threat vectors from multiple sources to provide actionable threat intelligence feeds and reports, which can be effectively utilized by various security control solutions. Such solutions keep organizations informed of the risks of Advanced Persistent Threat (APTs), zero-day attacks, and threats and help them protect themselves against the possibilities of data breach occurrences.
With the increasing dependence of organizations on information and communication technologies to ease various business processes, these organizations have become exposed to a variety of cybercrimes and security vulnerabilities. In such cases, threat intelligence solutions offer the required assistance. They provide an effective and reliable threat detection to alleviate cyber threats based on security events and security intelligence feeds, manage business risks, reduce potential damage, and improve organizations' entire security infrastructure.
Asia-Pacific (APAC) to register the highest growth rate during the forecast period
APAC is making great strides toward the adoption of various technologies. The region is leading the charge in the adoption of many technologies such as Smart Cities. While all the happenings have opened up a greater corridor for growth and developments, it also made the region more vulnerable, giving more opportunities for threats to get through. Gradually, attackers are developing better, sophisticated, and cutting-edge techniques to breach organizations.
APAC is an ideal environment for cybercriminals to thrive in, owing to high digital connectivity, contrasted with the low cybersecurity awareness, growing cross-border data transfers, and weak regulations. Although the organizations in this region consider cybersecurity a high priority but only a handful of companies employ cybersecurity professionals. Countries such as India and Japan are witnessing a significant increase in cyber-attacks. The traditional methods are no longer adequate to manage and mitigate the advanced bot attacks. These challenges are going to eventually push the automated attack simulation and remediation market in the APAC region.
Key Topics Covered
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Automated Breach and Attack Simulation Market
4.2 Market By Offering, 2019-2024
4.3 Market By Service, 2019-2024
4.4 Market By Application, 2019-2024
4.5 Market By Region, 2019-2024
5 Market Overview and Industry Trends
5.2 Market Dynamics
126.96.36.199 Complexity in Managing Vulnerabilities from Various Sources
188.8.131.52 Demand for Prioritizing Security Investments
184.108.40.206 Need to Manage Regulations and Compliances
220.127.116.11 Highly Crowded Security Industry
18.104.22.168 Growing Business Sizes Making Manual Testing Complex
22.214.171.124 Dearth of Cybersecurity Professionals
126.96.36.199 Low Awareness About Cybersecurity
5.3 Use Cases
6 Automated Breach and Attack Simulation Market By Offering
6.2.1 Need for Continuous Assessment of Security Hygiene to Drive the Demand for ABAS Platforms/Tools
188.8.131.52 Need for Continuous Skill Assessment and Training to Understand the Complexities of Rapidly Evolving Security Posture to Drive the ABAS Market
6.3.2 On-Demand Analyst
184.108.40.206 Inadequate In-House Skills to Map or Prioritize Threat Vectors to Accelerate
7 Automated Breach and Attack Simulation Market By Application
7.2 Configuration Management
7.2.1 Growing Demand for the Ability to Visualize the Threats and Vulnerabilities During Configuration
7.3 Patch Management
7.3.1 Need to Comply With Regulatory Frameworks and Focus on It Governance Policies Driving the Demand for Patch Management Application
7.4 Threat Intelligence
7.4.1 High Demand for Threat Intelligence and Mitigation Solutions to Create Remediation Strategy
8 Market By End-User
8.2 Enterprise and Datacenters
8.3 Managed Service Providers
9 Automated Breach and Attack Simulation Market By Region
9.2 North America
9.2.1 United States
9.3.1 United Kingdom
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.4 Australia and New Zealand
9.4.5 Rest of Asia Pacific
9.5 Rest of the World
9.5.1 Middle East
9.5.2 Latin America
10 Competitive Landscape
10.1 Competitive Leadership Mapping
10.1.1 Visionary Leaders
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Strength of Product Portfolio (20 Players)
10.3 Business Strategy Excellence (20 Players)
10.4 Ranking of Key Players for the Automated Breach and Attack Simulation Market, 2019
11 Company Profiles
11.4 DXC Technology
11.7 XM Cyber
11.8 Skybox Security
11.11 Verodin (FireEye)
11.16 Cronus Cyber Technologies
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