The digital immune system global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Digital Immune System Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The digital immune system market size has grown rapidly in recent years. It will grow from $23.60 billion in 2023 to $27.23 billion in 2024 at a compound annual growth rate (CAGR) of 15.4%. The growth in the historic period can be attributed to rising cyber threats, stringent regulatory requirements, the proliferation of connected devices, adoption of cloud computing, digital transformation initiatives, increasing awareness of cybersecurity, technological innovations, and economic factors.
The digital immune system market size is expected to see rapid growth in the next few years. It will grow to $48.85 billion in 2028 at a compound annual growth rate (CAGR) of 15.7%. The growth in the forecast period can be attributed to AI and machine learning integration, zero trust security model adoption, 5G network expansion, increased focus on insider threat detection, regulatory compliance requirements, remote workforce security, and cybersecurity investment trends. Major trends in the forecast period include integration of quantum computing, augmented reality (AR) and virtual reality (VR) security, enhanced automation and orchestration, emphasis on threat intelligence sharing, the convergence of it and operational technology (OT) security, the rise of cyber insurance and risk management, and focus on user-centric security.
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Scope Of Digital Immune System Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Digital Immune System Market Overview
Market Drivers –
The rise in the threat of phishing and malware is expected to propel the growth of the digital immune system market going forward. Phishing refers to the practice of sending false emails or messages to people in an attempt to fool them into disclosing personal information. Malware refers to programs designed to break into networks, steal data, interfere with services, or obtain illegal access to IT systems. The threat of phishing and malware is rising due to increasing digital interconnectedness, the sophistication of cybercriminals, and vulnerabilities in technology infrastructures. The digital immune system plays a critical role in combating the threat of phishing and malware by detecting, preventing, and mitigating cyberattacks to safeguard digital assets and networks. For instance, in December 2022, according to the Anti-Phishing Working Group (APWG), a US-based industry association, the third quarter of 2022 witnessed 12.70 million phishing attacks, marking an increase from the 10.9 million attacks observed in the second quarter. Therefore, the rise in the threat of phishing and malware is driving the growth of the digital immune system market.
Market Trends –
Major companies operating in the digital immune system market are developing new technologies, such as Extended Detection And Response (XDR), to gain a competitive edge in the market. Extended detection and response (XDR) is a cybersecurity technology that monitors and mitigates cybersecurity threats by collecting and correlating data across various network points such as servers, email, cloud workloads, and endpoints. For instance, in April 2023, Cisco Systems Inc., a US-based technology company, launched Extended Detection and Response (XDR) to detect advanced cyber threats and automate responses rapidly. The XDR solution leverages true detection, correlation, and integrated response capabilities to provide a more resilient future against ransomware attacks. By combining detection and response capabilities, the XDR solution aims to address the complex and evolving threat landscape effectively.
The digital immune system market covered in this report is segmented –
1) By Component: Solution, Services
2) By Deployment Model: On-Premises, Cloud
3) By Security Type: Network Security, Cloud Security, Endpoint Security, Internet of Things (IoT) Security, Other Security Types
4) By End User: Information Technology And Telecom, Banking, Financial Services, And Insurance, Manufacturing, Healthcare, Government And Defense, Retail And E-commerce, Other End Users
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Regional Insights –
North America was the largest region in the digital immune system market in 2023. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the digital immune system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the digital immune system market are International Business Machines Corporation, Cisco Systems Inc., Oracle Corporation, HCL Technologies, Palo Alto Networks Inc, Fortinet, Check Point Software Technologies, Trend Micro, CrowdStrike, Proofpoint Inc., FireEye Inc., Kaspersky Lab, Rapid7, Zscaler, SentinelOne, Darktrace, ESET s.r.o., Secureworks, Vectra AI, F-Secure Corporation, Cylance , Cybereason
Table of Contents
1. Executive Summary
2. Digital Immune System Market Report Structure
3. Digital Immune System Market Trends And Strategies
4. Digital Immune System Market – Macro Economic Scenario
5. Global Digital Immune System Market Size and Growth
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32. Global Digital Immune System Market Competitive Benchmarking
33. Global Digital Immune System Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Digital Immune System Market
35. Digital Immune System Market Future Outlook and Potential Analysis
36. Appendix
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