Owing to benefits such as active detection of vulnerabilities in the computer system, efficient identification of loopholes in the security system of an organization are the key factors experiencing rapid adoption of destroy and attack simulation software as opposed to traditional security software, thus fostering remarkable progress in global destroy and attack simulation software market.
The value of the Destroy and Attack Simulation Software market is projected to grow to USD 6713.70 million with an estimated CAGR of 44.54% by 2028
Covid-19 Impact on Destroy and Attack Simulation Software Market & Status
Covid 19 pandemic broke out in 2019. Ever since WHO declared 'Pandemic,' it has created disruptions in almost all markets. Remote working, supply chain disruptions, and lockdowns were phenomena produced by this pandemic.
This report offers an overview of businesses changing modus operandi, business strategies, and investment strategies that leaders are adopting across the globe to tackle the challenges possessed by this pandemic. The COVID-19 pandemic spread to almost every country in the world. This pandemic disrupted nearly every industry. Some industries have faced downfall, and some have experienced positive effects due to this pandemic.
After the outbreak of COVID-19, the sophistication and frequency of cyberattacks have increased five folds globally, as per WHO. Cyberattackers have carried out attacks on organizations functioning in BFSI, retail, eCommerce and IT companies, and more. To secure themselves from reputational and financial losses, the organizations have increased the implementation of security measures across the globe. This measure has spurred the demand for the destroy and attack simulation software market.
Service Segment is Estimated to Have High Revenue
The destroy and attack simulation market is segmented into tools and platforms, services, and on-demand analysts segments by offering. The service segment is estimated to have high revenue with increasing CAGR throughout the forecasted period owing to its adoption by large and small enterprises.
Cloud Segment is Estimated to Grow with Highest CAGR
The destroy and attack simulation market is segmented into on-premises and cloud by deployment. The cloud segment is estimated to grow with high CAGR throughout the forecasted period due to its offering of business agility and increasing awareness in the industry. As it is cost-effective and has easy deployment, it is preferred by large and small-scale enterprises. Cloud-based destroy and attack simulation software provides robust security against cyber attacks in mobile and web applications.
Configuration Management Poised for Rapid Market Growth
The destroy and attack simulation market is segmented into Patch management, Threat management, Configuration management, and Compliance and control management by application. Configuration management helps maintain the consistency of computer systems, software, product performance, and servers. This segment is expected to have a significant revenue share throughout the forecasted period.
Data Centers and Enterprise is Estimated to Share a Large Part of Revenue
The destroy and attack simulation software market is segmented into Manage service providers, and Data centers and enterprises by end-user. Among these segments, data centers and enterprise is estimated to share a large part of revenue throughout the forecasted period. Many enterprises are adopting advanced techniques and tools to get security from cyber-attacks and threats.
North America is the Most Mature Market of Global Destroy and Attack Simulation Software Market
Among all the major performing regions, North America is expected to have the most significant revenue throughout the forecasted period owing to an increase in cloud-based destroy and attack simulation software, the presence of key players, increasing adoption of artificial intelligence, and extensive data services. The Asia Pacific is witnessing the emergence of startups, increasing adoption of advanced technologies, cloud-based services, and rising usage of smartphones. Due to this, it is estimated that the Asia Pacific region will have the highest CAGR throughout the forecasted period.
The increasing data volume of organizations, increasing adoption of high quality data security tools, increasing adoption security tools in small and medium firms are driving the growth of global destroy and attack simulation software market.
Furthermore, increasing complexities of cyber threats, security issues in enterprises rising the need of adopting enhanced destroy and attack simulation software have increased the market value of global destroy and attack simulation software market.
The Destroy and attack simulation software provides safe and secure networks in computer systems. The destroy and attack stimulation software is widely used to solve security issues as it has different tools and solutions that have security layers that secure the computer system. The destroy and attack simulation software contains multiple attack scenarios that detect the vulnerabilities.
The internal inefficiency and vulnerabilities in the market are restraining factors. Lack of data confidentiality by employees, carelessness of employees in data management are the key factors impeding the global destroy and attack simulation software market growth. Furthermore, lack of skilled labour in organizations and lack of awareness of benefits of integrating advanced security solutions, and cost are some other important factors hampering the global destroy and attack simulation software market growth.
Nevertheless, rising digitalization and adoption of advanced security solutions to protect systems from vulnerabilities and the need for identifying loopholes in organization’s security systems is increasing the adoption of destroy and attack simulation software at higher level. Additionally, the smart infrastructure trend and growing IOT adoption are anticipated to be growth opportunities for the global destroy and attack simulation software market.
The major players in global destroy and attack simulation software market are Verodin, SafeBreach, FireMon, Foreseeti, Skybox Security, NopSec, XM Cyber, Cymulate, ReliaQuest, Attack IQ, Scythe, Keysight, Sophos, Cognito, Rapid7, Aujas, Qualys, and Bit Dam among others.
Latest Innovations in Global Destroy and Attack Simulation Software Market
- In October 2020, Rapid 7 added and upgraded Active Response within its MDR service. This capability extends the response and threat detection for helping reduce the attacker dwell time, accelerate time to response, contain user and endpoint threats.
Destroy and Attack Simulation Software Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 6713.70 million|
|Growth Rate||CAGR of 44.54 % during 2021-2028|
|Segment Covered||Type, By Application, Regions|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Sophos, Cymulate, AttackIQ, BitDam, Core Security, Cronus Cyber Technologies, Elasticito, XM Cyber, Guardicore, Pcysys,, Picus Security, SafeBreach, Scythe|
Key Segments of the Global Destroy and Attack Simulation Software Market
Offering Overview, 2018-2028 (USD Million)
- Tools and platform
- On-demand analysts
Deployment Mode Overview, 2018-2028 (USD Million)
Application Overview, 2018-2028 (USD Million)
- Patch management
- Threat management
- Compliance management
End-User Overview, 2018-2028 (USD Million)
- Manage service providers
- Data centers and enterprises
Regional Overview, 2018-2028 (USD Million)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa