Attack Surface Management Market Research Report Information By Offering (Solutions and Services), By Organization Size (Large Enterprises and Small and Medium-Sized Enterprises (SMEs)), By Deployment Mode (Cloud and On-Premises), By Vertical (BFSI, Retail & e-commerce, Government & Defense, IT & ITeS, Energy & Utilities, Education, and Other Verticals) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2032

Attack Surface Management Market Overview

The Attack Surface Management Market is projected to grow from USD 1.43 billion in 2024 to USD 9.19 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 30.40% during the forecast period (2024 - 2032). Additionally, the market size for attack surface management was valued at USD 1.1 billion in 2023.

The increasing sophistication of cyber threats and the growing adoption of cloud services are the key market drivers enhancing market growth.

Figure 1: Attack Surface Management Market Size, 2023-2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Attack Surface Management Market Trends

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  Increasing cyber threat is driving market growth

  
  

Market CAGR for Attack Surface Management is driven by cyber threats evolving at an alarming rate, turning into more state-of-the-art and various threats than ever before. Attackers constantly develop new strategies, gear, and strategies to exploit vulnerabilities in companies' virtual infrastructures. This complexity affords a vast challenge for companies to shield in opposition to, as traditional security features frequently warfare to maintain tempo. Attack Surface Management (ASM) answers cope with this driving force by providing comprehensive visibility into a corporation's whole assault floor. By continuously tracking and analyzing virtual belongings, ASM tools can identify capability vulnerabilities and threats throughout networks, endpoints, cloud environments, and 0.33-birthday party offerings. This proactive approach permits companies to live ahead of rising threats, prioritize remediation efforts, and give a boost to their average protection posture.

The big adoption of cloud services has converted the modern IT landscape, presenting unprecedented scalability, flexibility, and cost-performance. However, this shift to the cloud additionally expands the attack floor for groups, as they now manipulate an allotted community of assets throughout multiple cloud environments and structures. Moreover, the dynamic nature of cloud infrastructures introduces new safety challenges, which include misconfigurations, unauthorized right of entry, and statistics exposure. ASM answers play an important role in mitigating those dangers by providing visibility and management over cloud-primarily based property. By integrating with cloud provider companies' APIs, ASM equipment can discover, check, and screen belongings deployed in public, private, and hybrid cloud environments.

In response to the escalating chance landscape, governments and regulatory bodies worldwide have brought stringent facts safety policies and compliance mandates. Organizations working in particularly regulated industries, including finance, healthcare, and government, face large stress to adhere to those requirements or face extreme penalties and reputational harm. Attack Surface Management answers assist companies in meeting regulatory compliance obligations by imparting non-stop visibility and hazard assessment skills. By mapping virtual assets to applicable compliance frameworks and requirements, such as GDPR, HIPAA, PCI DSS, and NIST, ASM tools permit companies to perceive gaps in their security controls and show adherence to regulatory necessities.

For instance, according to the IBM Cost of a Data Breach Report 2021, the average cost of a data breach globally was $4.24 million, with the healthcare industry facing the highest average breach cost at $9.23 million. As a result, demand for Attack Surface Management will increase because of the increasing cyber security threat. Thus, driving the Attack Surface Management market revenue.

Attack Surface Management Market Segment Insights

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  Attack Surface Management Offering Insights

  
  

The Attack Surface Management Market segmentation, based on Offering, includes Solutions and Services. In 2023, the solutions segment dominated the market, accounting for around 64% of market revenue. Solutions are preferred due to their ability to provide complete and automatic safety capabilities, permitting corporations to proactively perceive and mitigate vulnerabilities across their assault floor.

Figure 2: Attack Surface Management Market, by Offering, 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Attack Surface Management Organization Size Insights

The Attack Surface Management Market segmentation, based on Organization Size, includes large enterprises and small and medium-sized enterprises (SMEs). In 2023, the large enterprises category generated the most income. Large firms have greater resources and complex IT infrastructures, making them more likely to spend money on superior Attack Surface Management solutions to deal with their considerable assault surface and compliance necessities.

Attack Surface Management Deployment Mode Insights

The Attack Surface Management Market segmentation, based on Deployment Mode, includes cloud and on-premises. In 2023, the cloud segment dominated the market, accounting for more than 73%. Cloud deployment offers scalability, flexibility, and simplicity of management, making it the favored choice for agencies seeking to quickly put in force Attack Surface Management capabilities without extensive premature investments in infrastructure.

Attack Surface Management Vertical Insights

The Attack Surface Management Market segmentation, based on Verticals, includes BFSI, retail & e-commerce, government & defense, IT & ITeS, energy & utilities, education, and other verticals. In 2023, the BFSI category generated the most income. The BFSI quarter handles sensitive financial data and is challenged by stringent regulatory requirements, using a call for strong Attack Surface Management answers to safeguard against cyber threats and follow industry rules like PCI DSS and GDPR.

Attack Surface Management Regional Insights

By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. North America is home to a massive number of technology groups, monetary establishments, and government corporations, which face giant cyber threats and regulatory pressures. Additionally, North America has a mature cybersecurity marketplace with high consciousness and adoption fees of advanced protection solutions like Attack Surface Management.

Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: ATTACK SURFACE MANAGEMENT MARKET SHARE BY REGION 2023 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Attack Surface Management market accounts for the second-largest market share. Europe has stringent data safety regulations, including GDPR, which compel corporations to put in force sturdy safety features to guard sensitive facts and mitigate the threat of records breaches. Further, the German Attack Surface Management market held the largest market share, and the UK Attack Surface Management market was the fastest-growing market in the European region.

The Asia-Pacific Attack Surface Management Market is expected to grow at the fastest CAGR from 2024 to 2032 because the Asia-Pacific vicinity is experiencing fast digitization and monetary increase, mainly due to accelerated cyber threats and safety vulnerabilities. Moreover, China’s Attack Surface Management market held the largest market share, and the Indian Attack Surface Management market was the fastest-growing market in the Asia-Pacific region.

Attack Surface Management Key Market Players & Competitive Insights

Leading market players are investing heavily in R&D to develop innovative Attack Surface Management solutions that address emerging cyber threats and evolving customer needs. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, promoting, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Attack Surface Management industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Attack Surface Management industry to benefit clients and increase the market sector. In recent years, the Attack Surface Management industry has offered some of the most significant product innovations. Major players in the Attack Surface Management market, including Palo Alto Networks, IBM, Microsoft, Cisco, Google Cloud, Trend Micro, and others, are attempting to increase market demand by investing in research and development operations.

Palo Alto Networks is the world's largest standalone cybersecurity company, providing comprehensive security solutions to enterprises, organizations, and government entities. Founded in 2005, the company has grown to become a leader in the industry, offering a range of products and services that protect against sophisticated cyber threats. Palo Alto Networks has built a cloud-native platform that delivers advanced security capabilities, including next-generation firewalls, cloud security, and threat detection and response. The company has a strong focus on innovation, with a track record of acquiring and integrating pioneering startups to expand its product portfolio. In December 2022, Palo Alto Networks introduced Cortex Xpanse Active Attack Surface Management (Xpanse Active ASM), providing automated solutions aimed at promptly identifying and addressing internet-connected vulnerabilities.

IBM is a global leader in hybrid cloud, AI, and consulting services, serving clients in over 175 countries. With a focus on leveraging data insights, IBM aids businesses in streamlining processes, reducing costs, and gaining a competitive edge. Trusted by over 4,000 entities in critical sectors like finance and healthcare, IBM's hybrid cloud platform and Red Hat OpenShift drive digital transformations securely and efficiently. The company's commitment to innovation is evident in breakthroughs in AI, quantum computing, and industry-specific cloud solutions, all underpinned by values of trust, transparency, and inclusivity. IBM aims to drive progress through technology, sustainability, and cutting-edge research. In June 2022, IBM completed the acquisition of Randori, a Boston-headquartered firm renowned for its expertise in attack surface management (ASM) and offensive cybersecurity solutions.

Key Companies in the Attack Surface Management market include

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  Palo Alto Networks

  
  


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  IBM

  
  


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  Microsoft

  
  


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  Cisco

  
  


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  Google Cloud

  
  


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  Trend Micro

  
  


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  Qulays

  
  


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  Tenable

  
  


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  Hadrian

  
  


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  IONIX

  
  


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  ImmuniWeb

  
  


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  JupiterOne

  
  


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  GroupIB

  
  


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  Praetorian

  
  


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  Censys

  
  


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  Balbix

  
  


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  Cyble

  
  


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  Armis

  
  


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  Upgard

  
  


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  WithSecure

  
  


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  CrowdStrike

  
  


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  Rapid7

  
  


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  Bitsight

  
  


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  Security Scorecard

  
  


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  CyCognito

  
  


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  Bugcrowd

  
  


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  Panorays

  
  


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  Cymulate

  
  


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  Recorded Future

  
  


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  BishopFox

  
  


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  Cyberint

  
  


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  HackerOne

  
  

Attack Surface Management Industry Developments

November 2023: Palo Alto Networks completed the acquisition of Talon Cyber Security, renowned for its Enterprise Browser technology. Integrating this technology with Prisma SASE ensures secure access to business applications across all devices, facilitating seamless user experiences while upholding privacy standards. Post-acquisition, Talon's founders will continue to spearhead their respective teams within the Palo Alto Networks organization.

August 2021: Microsoft bolstered its security arsenal by acquiring RiskIQ, a leading player in global threat intelligence and attack surface management. This acquisition aims to enhance customers' defenses against evolving cyber threats, leveraging RiskIQ's expertise in internet visibility and threat intelligence. Integration of RiskIQ's solutions with Microsoft's cloud-native security tools is anticipated to empower customers with enhanced capabilities for protecting digital assets and mounting swift responses to cyberattacks.

Attack Surface Management Market Segmentation

Attack Surface Management Offering Outlook

• Solutions


• Services

Attack Surface Management Organization Size Outlook

• Large Enterprises


• Small and Medium-Sized Enterprises (SMEs)

Attack Surface Management Deployment Mode Outlook

• Cloud


• On-Premises

Attack Surface Management Vertical Outlook

• BFSI


• Retail & e-commerce


• Government & Defense


• IT & ITeS


• Energy & Utilities


• Education


• Other Verticals

Attack Surface Management Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America