Market Size and Growth:
Automated breach and attack stimulation promote safe and secure networks in the computer systems. This process keeps an eye on the system and monitors continuously to find out the threats. This technology is creating new vulnerabilities with the help of the latest designs. The market is projected to reach USD 724 million, growing at a CAGR of 40.2% during the forecast period.
Growth opportunities of the market:
The growing number of cybercrime activities is propelling the growth of the market extensively. The rising demand to improve productivity in order to gain profits is also accelerating the demand of the market.
However, the lack of skilled technicians in handling complex issues is slowly impeding the demand of the market. Less knowledge over selecting suitable applications by organizers is also limiting the growth of the market.
Increasing investments in the industrial technology sector from both public and private organizations are bolstering the demand of the market. The rise in the demand to have secured data encryption and to defend all the threats is to setup growth opportunities for the market.
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Regional Analysis:
Geographically, the market is segmented into North America, Asia Pacific, Europe, Middle East and Africa. North America is accounted for holding the largest shares of the market by owing to the quick adoption of the latest technological developments. Europe and Asia Pacific are next to North America is leading the shares of the market with the increasing scale of the industries and also growing demand to level up productivity. Middle East and Africa is to have inclined growth rate in near future.
Leading Prominent Players mentioned in market report:
Major players in the automated breach and attack simulation market are DXC Technology (US), AttackIQ (US), Qualys (US), Rapid7 (US),Cymulate (Israel), XM Cyber (Israel), Firemon (US), Verdoin (FireEye) (US), NopSec (US), Threatcare (US), Skybox Security (US), SafeBreach (US), Mazebolt (US), Cronus-Cyber Technologies (Israel) and Scythe (US).
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