Malware Protection Market Overview
The Malware Protection Market size is projected to grow from USD 24.6 billion in 2024 to USD 78.5 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 18.00% during the forecast period (2024 - 2032). Additionally, the market size for Malware Protection was valued at USD 20.9 billion in 2023.
Increased number of malware attacks, growing digitization of organization processes, and rising use of cloud services are the key market drivers enhancing the market growth.
Figure1: Malware Protection Market, 2018 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Malware Protection Market Trends
Growing number of malware attacks is driving the market growth
Market CAGR for malware protection is being driven by the rising number of malware attacks. The exponential increase in the volume and sophistication of malware attacks has necessitated the urgent development of new defense solutions. The threat of malware has become more apparent to individuals and organizations due to high-profile occurrences and the constantly changing tactics used by cybercriminals. Consequently, there has been a rise in the amount of money invested in malware security. Additionally, organizations now prioritize cyber security as a result of the increasing digitization of business processes and the increased knowledge of the risks involved with the field. Investments in preventative technologies and strategies have resulted from the rise in the prominence of malware threats.
The increasing use of cloud services has made it necessary to put extra security measures in place to protect data that is kept in cloud settings. Malware security solutions designed for cloud-based infrastructure and apps are becoming more and more popular as more companies come to understand the advantages of cloud computing. The danger of data breaches, monetary losses, and reputational harm increases as cybercriminals continue to create increasingly sophisticated malware protection solutions that are brought on by the frequency and severity of cyber threats. For instance, the IBM research states that there was a noticeable increase in thread hijacking occurrences in 2022. In these incidents, cybercriminals would use hacked email accounts to join current conversations and pose as the original members. Comparing the monthly rate of these efforts to the data from X-Force reported a 100% increase. As a result, it is anticipated that throughout the projection period, demand for malware protection will increase due to the rising number of malware attacks. Thus, driving the Malware Protection market revenue.
Malware Protection Market Segment Insights
Malware Protection Component Insights
The Malware Protection market segmentation, based on component, includes solutions and services. In 2023, the services segment dominated the market, accounting for the maximum market revenue due to cyber threats, increasing firm competitiveness, heightened client demands, and project risks. These services are also being used by a lot of firms to reduce operating time.
Malware Protection Deployment Insights
The Malware Protection market segmentation, based on deployment, includes cloud and on-premise. In 2023, the cloud category generated the most income due to several Internet of Things (IoT) devices such as cameras, doorbells, and security thermostats, as well as other devices, including file, email, PCs, and data servers that act as cloud storage. Malware can impact cloud storage, particularly if cloud storage providers aren't employing anti-malware software on a proactive basis.
Malware Protection Organization Size Insights
The Malware Protection market segmentation, based on organization size, includes SMEs and large enterprises. In 2023, the SMEs category generated the most income due to improving the operational effectiveness of small and medium-sized organizations; more malware protection will probably be employed. In addition, the organization is expanding as a result of increased government incentives through various programs for digital SMEs.
Malware Protection Application Insights
The Malware Protection market segmentation is based on application, endpoint protection, network protection, database protection, web protection, and email protection. In 2023, the endpoint protection category generated the most income due to its cyber security strategy for defending endpoints-such as laptop, desktop, and mobile devices-against malicious activity. In recent years, endpoint security has progressed from basic antivirus software to a more intricate, comprehensive defense.
Figure 2: Malware Protection Market, by Application, 2023 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Malware Protection Industry Vertical Insights
The Malware Protection market segmentation, based on industrial vertical, includes BFSI, IT & Telecom, government & defense, retail, education, healthcare & life sciences, and others. In 2023, the IT & Telecom category generated the most income due to more people using mobile devices on a regular basis, opening up new opportunities for business.
Malware Protection Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The North American Malware Protection market area will dominate this market, owing to a rise in malware prevention in the healthcare and supplementary industries to safeguard sensitive data from attacks and enhance customer experience. In addition, the growing number of government initiatives will boost market growth in this region.
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: MALWARE PROTECTION MARKET SHARE BY REGION 2023 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Malware Protection market accounts for the second-largest market share due to the growing commercial sector. Further, the Germany Malware Protection market held the largest market share, and the UK Malware Protection market was the fastest-growing market in the European region.
The Asia-Pacific Malware Protection Market is expected to grow at the fastest CAGR from 2024 to 2032 due to increasing e-commerce penetration and rising reliance on online services and transactions. Moreover, China's Malware Protection market held the largest market share, and the Indian Malware Protection market was the fastest-growing market in the Asia-Pacific region.
Malware Protection Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Malware Protection market grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Malware Protection industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Malware Protection industry to benefit clients and increase the market sector. In recent years, the Malware Protection industry has offered some of the most significant advantages to technology. Major players in the Malware Protection market include Broadcom. Inc., Intel Corporation, Bitdefender SRL, SentinelOne. Inc., FireEye. Inc., Kaspersky Lab, Akaimai Technologies Inc., Sophos Group PLC (Thoma Bravo), Trend Micro. Inc., Zscaler. Inc., Malwarebytes. Inc., McAfee. LLC, Symantec Corporation, Trend Micro Incorporated, IBM Corporation, Thales, Morphisec Ltd., Datto. Inc., Veritas, Acronis International GmbH, CyberArk Software Ltd., and others are attempting to increase market demand by investing in research and development operations.
Intel Corporation is a worldwide corporation and technology company based in Santa Clara, California, and registered in Delaware. Companies develop revolutionary technology that enhances everyone's quality of life on the earth. Silicon Valley is where Intel placed its silicon. Intel is using its resources, reach, and scale to help its customers take full advantage of the potential of digital technology today. In January 2023, Chipmaker Intel and Cyber security company Check Point Software Technologies expanded their previous partnership to provide hardware-level defense against ransomware, which is currently one of the most prevalent security threats.
Akamai Technologies, Inc. is an American firm that offers content delivery network (CDN), cybersecurity, DDoS mitigation, and cloud services. Cambridge, Massachusetts, is home to Akamai's headquarters. The company's massively distributed edge and cloud platform, Akamai Connected Cloud, makes it simple for enterprises to create and manage workloads and applications while bringing experiences closer to people and putting dangers farther away. In June 2022, To protect online apps and APIs from malicious uploads, Akamai Technologies, Inc. announced the release of its Malware Protection service. By detecting and preventing malware at the network edge, Akamai's most recent product improves its already excellent Web Application and API Protection (WAAP) services. By using this proactive measure, dangerous software is stopped before it may inadvertently damage the target systems and isn't allowed to activate and spread throughout the network.
Key Companies in the Malware Protection market include
Malware Protection Industry Developments
September 2023: Zscaler, Inc. revealed a partnership with CrpowdStrike and Imprivata to offer medical institutions a zero-trust cybersecurity solution for the device to the cloud. Zscaler's recent integration with the Imprivata Digital Identity Platform offers visibility, threat prevention, and traceability for end-to-end, multi-user, shared device access management, helping organizations comply with regulatory requirements.
June 2023: Libyan Spider, a platform that specializes in cloud hosting, and Monarx partnered to introduce cutting-edge malware prevention into the Libyan Spider ecosystem. Through this partnership, Monarx provides the platform with highly scalable signatureless scanning technology.
Malware Protection Market Segmentation
Malware Protection Component Outlook
Malware Protection Deployment Outlook
Malware Protection Organization Size Outlook
Malware Protection Application Outlook
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Endpoint Protection
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Network Protection
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Database Protection
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Web Protection
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Email Protection
Malware Protection Industry Vertical Outlook
Malware Protection Regional Outlook
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North America
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
| Report Attribute/Metric |
Details |
| Market Size 2023 |
USD 20.9 Billion |
| Market Size 2024 |
USD 24.6 Billion |
| Market Size 2032 |
USD 78.5 Billion |
| Compound Annual Growth Rate (CAGR) |
18.00% (2024-2032) |
| Base Year |
2023 |
| Market Forecast Period |
2024-2032 |
| Historical Data |
2019-2022 |
| Market Forecast Units |
Value (USD Billion) |
| Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
Component, Deployment, Organization Size, Application, Industry Vertical, and Region |
| Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled |
Broadcom. Inc., Intel Corporation, Bitdefender SRL, SentinelOne. Inc., FireEye. Inc., Kaspersky Lab, Akaimai Technologies Inc., Sophos Gropu PLC (Thoma Bravo), Trend Micro Inc., Zscaler. Inc., Malwarebytes. Inc., McAfee. LLC, Symantec Corporation, Trend Micro Incorporated, IBM Corporation, Thales Morphises Ltd. Crowdstrike, Datto. Inc., Veritas, Acronis International GmbH , CyberArk Software Ltd., |
| Key Market Opportunities |
Increasing awareness and innovation regarding malware protection |
| Key Market Dynamics |
Increase in malware attacks Rising digitalization |
Frequently Asked Questions (FAQ) :
The Malware Protection market size was valued at USD 20.9 Billion in 2023.
The market is projected to grow at a CAGR of 18.00% during the forecast period, 2024-2032.
North America had the largest share of the market
The key players in the market are Broadcom. Inc., Intel Corporation, Bitdefender SRL, SentinelOne. Inc., FireEye. Inc., Kaspersky Lab, Akaimai Technologies Inc., Sophos Group PLC (Thoma Bravo), Trend Micro. Inc., ZScaler. Inc., Malwarebytes. Inc., McAfee. LLC, Symantec Corporation, Trend Micro Incorporated, IBM Corporation, Thales, Morphisec Ltd., Crowdstrike, Datto. Inc., Veritas, Acronics International GmbH, CyberArk Software Ltd.
The services category dominated the market in 2023.
The cloud category had the largest share in the market.
