The malware analysis market has seen considerable growth due to a variety of factors.
• In recent times, there has been a steep upward trend in the size of the malware analysis market. The market, worth $11.58 billion in 2024, is forecasted to rise to $14.5 billion in 2025, representing an impressive 25.3% compound annual growth rate (CAGR).
This significant expansion in the past was mainly driven by the increase in online transactions, advanced persistent threats, the rise in the variety of attack vectors, the need to meet regulatory compliance, a widespread outbreak of ransomware, and the growing demand for incident response services.
The malware analysis market is expected to maintain its strong growth trajectory in upcoming years.
• In the forthcoming years, the malware analysis market is projected to undergo substantial growth. The market size will escalate to $43.87 billion in 2029, showing a compound annual growth rate (CAGR) of 31.9%.
The dominance during the forecasted duration can be linked to factors like focus on supply chain security, increased adoption of threat hunting, implementation of GDPR and increasing privacy concerns, further development of fileless malware and emphasis on user and entity behavior analytics. Predominant trends during the forecast period comprise of automated malware analysis, utilization of cloud-based solutions for malware analysis, collaboration in threat intelligence sharing, evasion strategies and countermeasures, focus on forensic analysis, and integration of endpoint detection and response (EDR).
The escalation in the frequency of cyberattacks is likely to fuel the expansion of the malware analysis market in the future. A cyber attack, carried out by cybercriminals, typically involves the targeting of multiple computers or networks with a single or multiple computers. Malware analysis is a crucial component of cybersecurity. Often, it becomes the job of a security analyst to distinguish between a suspicious and a safe file. This job of theirs aids responders by enabling them to exclude false forwards, and meticulously understand the extent of a malware event. The sector of malware analysis yields actionable data through the identification and classification of malware during such an event. For instance, it was found that close to 39% of UK businesses stated that in 2022 they were subject to at least one cyber-attack, as reported by AAG, an IT support services provider, in September 2023. Additionally, the first half of 2022 saw 53.35 million individuals in the US being affected by cybercrime. As a result, the increasing instances of cyberattacks are contributing to the growth of the malware analysis market.
The malware analysis market covered in this report is segmented –
1) By Component: Solution, Service
2) By Deployment Model: On-Premises, Cloud-Based
3) By Organization Size: Large Enterprises, Small Medium Enterprise
4) By Industry Vertical: Aerospace And Defense, BFSI, Public Sector, Retail, Healthcare, IT And Telecom, Energy And Utilities, Manufacturing, Other Industries
Subsegments:
1) By Solution: On-Premises Solutions, Cloud-Based Solutions, Endpoint Protection Solutions, Network Security Solutions, Threat Intelligence Solutions
2) By Service: Managed Security Services, Consulting Services, Incident Response Services, Training And Awareness Services, Vulnerability Assessment Services
Leading entities in the malware analysis market are emphasizing on the inclusion of cutting-edge methodologies such as hybrid analyzers to maintain their competitive position. A hybrid analyzer amalgamates static and dynamic analysis strategies to thoroughly inspect and comprehend malevolent software. For example, in September 2022, Cyren Inc, an internet security technology firm based in Israel, initiated its new product, Hybrid Analyzer. This novel product provides exhaustive analysis and risk assessments of files, doing away with the cost, pace, and scalability limitations common with sandboxes and other malware file analysis technologies. The chances of unnoticed infections are reduced by this new solution for large businesses, technology firms, and service providers. Although new malware constitutes only about 10% of files, it bears almost the entire risk of infection. Cyren's Hybrid Analyzer rapidly generates a large amount of essential file structure and activity data, effectively filling the void between anti-malware detection and sandbox detonation.
Major companies operating in the malware analysis market include:
• Cisco Systems Inc.
• Palo Alto Networks Inc.
• Sophos Group plc
• Kaspersky Lab Group
• Fortinet Inc.
• Check Point Software Technologies Ltd.
• Qualys Inc.
• CrowdStrike Holdings Inc.
• AT&T Inc.
• Broadcom Inc.
• McAfee Corp.
• Juniper Networks Inc.
• VIPRE Security Group
• Forcepoint LLC
• Fidelis Cybersecurity Inc.
• Coro Cybersecurity
• Cuckoo Sandbox
• ESET spol. s r. o.
• Intezer Ltd.
• Hatching Triage Inc.
• Joe Security LLC
• Malwarebytes Corporation
• Rapid7 Corporation
• NortonLifeLock Inc.
• Tanium Inc.
• ThreatConnect Inc.
• Trend Micro Incorporated
• BitNinja Ltd.
• Avast Software s. r. o.
North America was the largest region in the malware analysis market in 2024. The regions covered in the malware analysis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa