What Is The Overview Of The Global File Integrity Monitoring Market?
File integrity monitoring (FIM) is a security practice that continuously monitors and analyzes files and systems for unauthorized or unexpected changes. It helps ensure the integrity and security of critical files and configurations by alerting administrators to any alterations, potentially indicating malicious activity or compliance violations. File integrity monitoring is essential for detecting and mitigating security breaches and maintaining regulatory compliance.
File Integrity Monitoring Global Market Report 2024 provides data on the global file integrity monitoring market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The File Integrity Monitoring market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global File Integrity Monitoring Market Expected To Grow In Size And Annual Rates?
The file integrity monitoring market size has grown rapidly in recent years. It will grow from $0.92 billion in 2023 to $1.07 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to a rise in the demand for cloud computing, increasing threats to IT infrastructure, data privacy concerns, increased awareness and adoption of security technologies, and data breach prevention. The file integrity monitoring market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to growing threats to the organization's data, the increasing adoption of Internet of Things (IoT) devices, the increasing sophistication of cyber-attacks, the rising number of cross-border terrorist activities, and growing remote work trends. Major trends in the forecast period include the adoption of cloud-based FIM solutions, integration of artificial intelligence (AI), machine learning (ML), focus on real-time detection and response, and endpoint detection and response (EDR) solutions.
What Main Forces Are Fueling Expansion In The File Integrity Monitoring Market?
The rising number of cybercrime cases is expected to propel the growth of the file integrity monitoring market going forward. Cybercrime encompasses criminal activities using digital technologies or the internet, such as hacking and phishing. These cases are increasing due to expanded connectivity and sophisticated cybercriminal tactics. File integrity monitoring plays a critical role in detecting and mitigating cyberattacks by providing real-time alerts on unauthorized changes to critical files and configurations, thus preventing data breaches and maintaining system integrity. For instance, in November 2022, the Australian Cyber Security Centre reported over 76,000 cybercrime reports in Australia during the 2021–22 financial year, a 13% increase from 2020. This increase reflects a report lodged approximately every 7 minutes, up from every 8 minutes in the previous year. Therefore, the rising number of cybercrime cases is driving the growth of the file integrity monitoring market.
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What Are The Primary Segments In The Global File Integrity Monitoring Market?
The file integrity monitoring market covered in this report is segmented –
1) By Component: Software, Services
2) By Installation Mode: Agentless, Agent-Based
3) By Deployment Mode: Cloud, On-Premises
4) By Organization Size: Small And Medium Enterprises, Large Enterprises
5) By Vertical: Banking, Financial Services And Insurance (BFSI), Healthcare And Life sciences, Government, Education, Media And Entertainment, Manufacturing And Automotive, Retail And E-Commerce, Other Verticals
Which Key Trends Are Driving Changes In The File Integrity Monitoring Market?
Companies in the file integrity monitoring market are concentrating on advanced technologies like threat intelligence monitoring solutions to gain a competitive edge. These solutions continuously gather, analyze, and provide actionable insights on potential cybersecurity threats and risks. For instance, in October 2021, CrowdStrike Holdings Inc., a US-based cybersecurity firm, launched Falcon FileVantage. This solution enhances security by providing centralized visibility and scalable monitoring of crucial files, folders, and registry changes. It employs modernized workflow policies to monitor all critical files and systems, adding valuable context through detection data and threat intelligence via the Falcon console. Powered by CrowdStrike's Threat Graph, which captures around 1 trillion high-fidelity signals daily from global sources, it supports one of the world's most sophisticated data platforms for security.
What Is The Leading Region In The File Integrity Monitoring Market?
North America was the largest region in the file integrity monitoring market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the file integrity monitoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
