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Adaptive Security Market Size And Forecast
Adaptive Security Market size was valued at USD 8.89 Billion in 2022 and is projected to reach USD 27.69 Billion by 2030, growing at a CAGR of 20.02% from 2023 to 2030.
Major factors driving the market growth include the growing demand for layered security and intelligent solutions and the urgent need for regulatory compliance, which are expected to drive market expansion during the forecast period. The Global Adaptive Security Market report provides a holistic evaluation of the market. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market.
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Global Adaptive Security Market Definition
Adaptive security is a collection of technologies and processes to protect an organization’s critical network infrastructure from advanced cyber threats. The need to protect against advanced cyber-attacks, limitations of existing security solutions, security compliance and legal requirements contribute to market growth. The need to protect enterprise clouds against advanced threats and vulnerabilities drive the expansion of the adaptive security industry.
Cyber-attacks are evolving alarmingly, requiring organizations to employ adaptive security components to counter attacks in the ever-changing threat landscape. Adaptive security changes the environment to inspect the monitored computing environment continuously. The Adaptive Security System is an integrated hardware and software solution that provides security at the core of your infrastructure for remote devices and IoT in traditional and cloud-based ecosystems.
Security adapts, remembers changes, and re-calculates security settings as environments change across data centres, public clouds, and hybrid environments, as workloads change in application processes. It allows end users (organizations) to create workload-aware security policies without impacting the underlying network. In the event of a cyberattack or virus, the affected area is isolated from the rest of the infrastructure, reducing the attack surface.
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Global Adaptive Security Market Overview
The primary factor driving the market growth is that organizations are constantly being attacked by advanced threats such as advanced persistent threats (APTs), zero-day malware, and other targeted attacks. Dynamic and orchestrated, these modern cyberattacks aim to exploit weaknesses in an organization’s traditional defences. Cybercriminals can use a variety of hacking tactics to infiltrate a company’s IT infrastructure and access business-critical information to cause damage and lead to massive financial and data loss. Protecting against these sophisticated cyberattacks, therefore, requires planning beyond standard defences.
The growing demand for layered security and smart solutions and the urgent need for regulatory compliance are some factors expected to drive market expansion during the forecast period. Increasing adoption of cloud-based security systems drives the Adaptive Security Market, especially in enterprises. However, limitations such as a lack of technical skills and difficulty managing large amounts of data limit the demand for global adaptive security.
Moreover, the increasing adoption of cloud-based security solutions is expected to provide lucrative opportunities for market growth. Adaptive security techniques seek to leverage the current security infrastructure to build a robust security posture within an organization. Large and small businesses (SMBs) strive to install security solutions that can adapt to new threats to protect their networks, endpoints, data, and users from malicious attacks. Organizations don’t want to waste money on unnecessary security services.
They want to prioritize the risks that matter most to their business and gain actionable insights from those attacks to prevent similar future threats. The growing data and the need for more talented resources are significant impediments to the adaptive security business. These obstacles are preventing organizations from adopting adaptive security solutions. Demand for more experienced cybersecurity specialists is expected to hamper the expansion of the Adaptive Security Market during the forecast period.
Global Adaptive Security Market Segmentation Analysis
The Global Adaptive Security Market is Segmented on the basis of Component, Application, Vertical, And Geography.
Adaptive Security Market, By Component
- Solution
- Services
Based on Component, the market is segmented into Solutions and Services. The Services segment holds a large market share because adaptive security is a rapidly growing market, and not surprisingly, services play a crucial role. Adaptive security services are designed to help businesses improve their security posture and respond to new threats in real time. Such services include security consulting, threat intelligence, managed security services, and incident response. Companies that offer these services can provide their customers with the expertise and resources they need to protect their networks and data from cyber threats.
Adaptive Security Market, By Application
- Network Security
- Endpoint Security
- Application Security
- Cloud Security
- Others
Based on Application, the market is segmented into Network Security, Endpoint Security, Application Security, Cloud Security, and Others. The Application Security segment holds a large number share of the market because of the overall cybersecurity environment, as many organizations rely on software applications to manage their business operations and store sensitive data.
So it’s no surprise that application security dominates the Adaptive Security Market. Adaptive application security solutions are designed to protect software applications in real-time by automatically detecting and mitigating potential threats. These technologies include application firewalls, runtime application self-protection (RASP), and software configuration analysis.
Adaptive Security Market, By Vertical
- Banking, Financial Services, and Insurance (BFSI)
- Retail
- IT and Telecom
- Healthcare
- Energy and Utilities
- Others
Based on Vertical, the market is segmented into Banking, Financial Services, and Insurance (BFSI), Retail, IT and Telecom, Healthcare, Energy and Utilities, and Others. The IT and Telecom segment holds a large number share of the market because of the IT and telecommunications industries are among the most technologically advanced industries and rely heavily on software applications, networks and infrastructure.
As a result, the IT and telecommunications industries are prime targets for cyber threats that require advanced security solutions. The rapid growth of the IT and telecom industry in the Adaptive Security Market reflects the increasing demand for these solutions as enterprises seek to protect their assets and secure their networks and data from cyber threats.
Adaptive Security Market, By Geography
- North America
- Europe
- Asia Pacific
- Rest of The World
On the basis of Geography, the Global Adaptive Security Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American region holds a large number of shares in the market because of the increasing attention of major industry verticals such as BFSI, government, and others on refined security solutions. At the same time, Europe is the fastest-growing region in the market because government regulations on deploying comprehensive safety solutions significantly impact the region.
Key Players
The “Global Adaptive Security Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Panda Security, Rapid7, Inc., FireEye, Inc., Oracle Corporation, Trend Micro, Inc., Juniper Networks, Cisco Systems, Inc., Illumio, EMC RSA, and Aruba Networks.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Adaptive Security Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Adaptive Security Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| STUDY PERIOD |
2019-2030 |
| BASE YEAR |
2022 |
| FORECAST PERIOD |
2023-2030 |
| HISTORICAL PERIOD |
2019-2021 |
| UNIT |
Value (USD Billion) |
| KEY COMPANIES PROFILED |
Panda Security, Rapid7, Inc., FireEye, Inc., Oracle Corporation, Trend Micro, Inc., Juniper Networks, Cisco Systems, Inc., Illumio. |
| SEGMENTS COVERED |
By Component, By Application, By Vertical, And By Geography. |
| CUSTOMIZATION SCOPE |
Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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