Automated Breach and Attack Simulation Market size is expected to reach USD 25 Billion by the end of 2036, growing at a CAGR of 40% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of automated breach and attack simulation was USD 10 Billion. The market growth is owing to the rising use of cloud-based technologies, which has increased the requirement for security software to safeguard the data sent through cloud technology. Automated breach and attack simulation are advanced computer security methods that allow organizations to acquire a deeper understanding of security posture vulnerabilities by performing tests that mimic the likely attack paths and techniques used by hostile actors. For instance, according to research around 60% of all corporate is stored in the cloud. Hence, it is expected to increase the demand for ABAS tools in the forecast period.
Furthermore, the rise in global cyberattacks is also expected to propel the market growth in the forecast period. It is seen that the cyber-attacks globally increased by 125% in 2021 compared to 2020, this frequency in increased volumes of cyber-attacks continues to threaten businesses and individuals. Thus, driving the automated breach and attack simulation market growth
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~40% |
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Base Year Market Size (2023) |
~ USD 10 Billion |
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Forecast Year Market Size (2036) |
~ USD 25 Billion |
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Regional Scope |
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Deployment Mode (On-premises and Cloud Based)
The cloud-based segment is predicted to account for 68% share of the global automated breach and attack simulation market by 2036. The segment growth can be attributed to the adoption of cloud-based solutions across various industries. This results in organizations prioritizing cloud security testing and simulation tools to protect their cloud environments from cyber threats. According to surveys in 2020, an estimated 79% of companies had reportedly experienced at least one cloud data breach, this figure has risen to 98% in 2022 increasing by 20% only in 2 years. Furthermore, the shift to remote work, accelerated by the COVID-19 pandemic has initiated a need for cloud-based solutions to support distributed work environments.
End User (Enterprises & Data Centers and Managed Service Providers)
The enterprise & data centers segment is predicted to account for 63% share of the global automated breach and attack simulation market by 2036. The segment growth can be attributed to the increasing adoption of cyber security methods due to growing penalties for mismanaged assets leading to cyber thefts. According to research the first half of 2022 alone saw 237 million ransomware attacks globally with an average cost of 4.5 million USD per incident. Furthermore, stringent compliances by governmental regulatory bodies have made comprehensive solutions that facilitate the work of chief information security officers (CISOs) and security analysts even more necessary. Thus, attributing to the growth in enterprise and data centers segment.
Our in-depth analysis of the market includes the following segments:
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Deployment Mode |
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Application |
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End User |
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North American Market Forecast (140-150 words)
The automated breach and attack simulation market in the North American region, amongst the market in all the other regions, is anticipated to hold the largest with a share of about ~31% by the end of 2036. The market growth in the region is also expected on account of the region's rich IT infrastructure and history of early adoption of cutting-edge technology. According to research the United States of America's ICT sector was valued at USD 1230.84 billion, employing more than 200,000 employees and making up 9% of total its total GDP. Additionally, in the countries like USA and Canada stringent data protection rules and privacy regulations like Canada's Protection of Personal Information and Electronic Documents Act and U. S’s the American Data Privacy and Protection Act compel organizations to invest in cutting-edge cybersecurity solutions to maintain compliance in the region. Furthermore, factors like the rise in cyberattacks across industries, the creation of government initiatives like smart cities and infrastructure, innovations in the application of AI and ML, and the growing demand for cloud-based computing in the region are expected to propel the growth of the ABAS market in the North America region.
APAC Market Analysis (140-150 words)
The Asia Pacific automated breach and attack simulation market is estimated to be the second largest, registering a share of about ~26% by the end of 2036. The market’s expansion can be attributed majorly to the rising cybercrime activities in the region. For instance, in India an estimated 65,983 cases of cybercrimes were registered across the country in 2022, a notable increase over the 52,974 incidents reported in 2021 (the number increased by 11.8% from 2020) and in 2020, the number of cybercrime cases in China doubled, reaching 282 thousand recorded cases in 2021. This rise in cybercrime has created a need for the adoption of security-based solutions like the ABAS solution for identifying vulnerabilities in the region. Furthermore, stringent regulatory requirements like Japan’s Amended APPI which came into force on April 1, 2022, took effect, requiring companies to take additional measures to protect the personal data of data subjects. As a result, many organizations across various industries in Asia Pacific are investing in ABAS solutions to enhance their cybersecurity. Thus, propelling the market growth in the Asia Pacific region.
Author Credits: Abhishek Verma, Hetal Singh
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