Adaptive Security Market

Global Adaptive Security Market Size (2024 to 2032)

The global adaptive security market was worth USD 7.41 billion in 2023. The global market is predicted to reach USD 8.57 billion in 2024 and USD 27.35 billion by 2032, growing at a CAGR of 15.61% during the forecast period.

Adaptive security is used to track and analyze threats continuously since cybersecurity attacks evolve with evolving technology. When operational and commercial requirements change, system security is one of the primary factors that must be changed. Traditional security options included antivirus software and intrusion detection systems. These tactics, however, were ineffective in the face of advancing threats. As a result, adaptive security software is used to combat and respond to various threats. Adaptive Security aids in the discovery of threats early on and prevents data theft. It assists businesses in both monitoring dangers that have happened and adopting various ways to combat these threats. Machine learning in diverse applications aids in predicting potential new threats and the early detection and response to incidents.

MARKET DRIVERS

The primary factor boosting market expansion is the increased prevalence of cybersecurity breaches and data thefts worldwide. Adaptive security systems monitor and detect malicious traffic, anomalies, and vulnerabilities in real time and implement endpoint security. To prevent data and financial losses, medium and large-scale enterprises increasingly seek virtualized, adaptive, service-oriented, model-driven, and contextual network security solutions. Furthermore, the growing need for multi-layered security solutions propels the industry forward. Other growth-inducing elements include technology improvements such as integrating connected devices through the Internet of Things (IoT) and a cloud-based ecosystem. The adaptive security solutions recalculate security parameters in real-time when application processes change across all public, hybrid clouds, and data centers, isolating the impacted area from the network infrastructure and reducing damage. Other factors, including major IT infrastructure improvements and intensive research and development (R&D) activities, are expected to propel the market forward. Illumio is the world's first and most successful adaptive security company. Its Adaptive Security Platform (ASP) protects communication between and inside applications. It's a distributed software platform that divides the workloads and applications in the system to lessen the risk of a cyber-attack. It supports various server formats, including virtual machines, Windows, and Linux, and the entire computing ecosystem, including public and private clouds and data centers.

MARKET RESTRAINTS

The two biggest challenges for the adaptive security industry are the expanding data and a lack of skilled resources. These roadblocks hamper enterprises' adoption of adaptive security solutions. The scarcity of experienced cybersecurity specialists is likely to stifle the growth of the Adaptive Security Market over the forecast period.

Impact of COVID-19 on the Global Adaptive Security Market

The COVID-19 pandemic has pushed all commercial activities online, giving birth to the norm of working from home. This paradigm shift in work culture opened threats of cyberattacks on corporate and personal computer systems. The dire need to tackle the hacking challenge has boosted the demand for adaptive security systems worldwide. Therefore, the COVID-19 pandemic brought about a positive impact on the global adaptive security market.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Adaptive Security Market Analysis By Component

The market for services is projected to grow at the fastest CAGR between the forecast period. The market's quick growth is fueled by the widespread adoption of adaptive security solutions and services by businesses worldwide. This is owing to the market's technological developments.

Global Adaptive Security Market Analysis By Application

The demand for network security technologies is expected to rise as hackers' challenges become more complex and cunning. Due to the rising requirement to secure applications against cyber-attacks, the application security category will likely grow at the fastest CAGR in the market over the forecast period.

Global Adaptive Security Market Analysis By End-User

The telecom and IT industries are growing fastest in the Adaptive Security Market. Adaptive security will be interwoven in every micro-macro component of the BFSI sector's information systems as intelligent, online, and mobile banking become more popular. Employees and customers at financial institutions want multiple security solutions to make an integrated environment that allows them to access information securely and quickly whenever and wherever they need it.

REGIONAL ANALYSIS

North America is the most proactive and devoted area. The major countries' GCI (global cybersecurity index) scores (US – 0.91 and Canada – 0.81) demonstrate their commitment to establishing a robust cybersecurity framework. However, North America is considered the most vulnerable because of vital firms and their data centers. The US Department of Homeland Security recognized more than 60 critical infrastructure entities in the US that were harmed by a single incident that cost USD 50 billion. To reduce the total cost of ownership of security solutions, SMEs in the region (about 97% of total business) prefer cloud deployment. As a result, security solution providers can design solutions that meet their needs. To improve the consumer experience, it is also projected that most of these players will use technology and adopt solid end-point security measures.

KEY PARTICIPANTS IN THE GLOBAL ADAPTIVE SECURITY MARKET

The major companies operating in the global adaptive security market include Panda Security (Spain), Rapid7 (US), FireEye (US), Oracle (US), Juniper Networks (US), Cisco Systems Inc (US), Aruba Networks (US), HP (US), AWS (US), and Trend Micro (Japan).

RECENT HAPPENINGS IN THE GLOBAL ADAPTIVE SECURITY MARKET

• Mandiant Inc.'s board of directors has been sued by a shareholder for sanctioning the $1.2 billion sales of the cybersecurity company's FireEye Inc. unit to a consortium of private equity companies without a shareholder vote.
• Trend Micro, a global cybersecurity organization, announced the establishment of its Cloud One regional data center in Canada yesterday to assist its clients in maintaining data residency, protecting data privacy, and reducing the risk of a security breach. The software as a service (SaaS)-based security framework Cloud One, which is hosted in the Amazon Web Services (AWS) Canada (Central) Region, is Trend Micro's flagship platform for protecting servers, resources, and applications on the cloud for its Canadian clients.
• Tata Consultancy Services (TCS) declared that it has successfully launched a new service platform with Juniper Networks, a pioneer in secure, AI-driven networks, to provide enhanced customer and partner experiences.
• The pioneer and leader in Zero Trust segmentation, Illumio, Inc., has announced its debut in the Japanese market. Illumio has engaged Kuninobu Kaki as Country Manager to help the company increase its sales, channels, and regional operations and open a new office in Tokyo.

DETAILED SEGMENTATION OF THE GLOBAL ADAPTIVE SECURITY MARKET INCLUDED IN THIS REPORT

This research report on the global adaptive security market has been segmented and sub-segmented based on the component, application, end-user, and region.

By Component

• Service
• Solutions

By Application

• Network Security
• Endpoint Security
• Application Security
• Cloud Security
• Others

By End-User

• Banking, Financial Services, and Insurance (BFSI)
• Retail
• IT and Telecom
• Healthcare
• Energy and Utilities
• Others.

By Region

• North America
  • The United States
  • Canada
  • Rest of North America
• Europe
  • The United Kingdom
  • Spain
  • Germany
  • Italy
  • France
  • Rest of Europe
• The Asia Pacific
  • India
  • Japan
  • China
  • Australia
  • Singapore
  • Malaysia
  • South Korea
  • New Zealand
  • Southeast Asia
• Latin America
  • Brazil
  • Argentina
  • Mexico
  • Rest of LATAM
• The Middle East and Africa
  • Saudi Arabia
  • UAE
  • Lebanon
  • Jordan
  • Cyprus