Adaptive Security Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

Adaptive Security Market Analysis

The Adaptive Security Market size is expected to grow from USD 9.22 billion in 2023 to USD 20.05 billion by 2028, at a CAGR of 16.81% during the forecast period (2023-2028).

To secure businesses' data, networks, and applications, enterprises have increasingly used preventative measures to keep track of undetected risks.

• The primary factor driving adaptive security market expansion is that enterprises are continually being attacked by sophisticated threats such as advanced persistent threats (APTs), zero-day malware, and other targeted assaults. These current assaults are dynamic and coordinated, intending to exploit flaws in an organization's traditional defenses. Cybercriminals can breach a company's information technology (IT) infrastructure and access business-critical information to inflict harm and enormous financial and data loss. Protecting against increasingly sophisticated cyberattacks, then, necessitates preparation that goes beyond traditional defenses.
• Growing demand for multilayer security and smart solutions, as well as the urgent requirement for regulatory compliance, are some factors predicted to fuel market growth during the forecast period. The adaptive security market is driven by the growing usage of cloud-based security systems, particularly in organizations. However, factors such as a lack of technical skills and problems processing vast volumes of data limit the need for global adaptive security.
• Furthermore, the rising acceptance of cloud-based security solutions will likely generate attractive market development possibilities. Adaptive security strategies attempt to use an organization's present security infrastructure to develop a strong security posture. To safeguard their networks, endpoints, data, and users from malicious assaults, large and small companies (SMBs) try to deploy security solutions that can adapt to emerging threats. Businesses do not want to spend money on security services that are not necessary.
• Prioritizing the risks most important to their business can help them learn how to prevent such assaults in the future. The industry of adaptive security faces substantial obstacles from the expanding data and the demand for more qualified employees. These barriers make it difficult for enterprises to implement adaptive security solutions. During the forecast period, the need for more seasoned cybersecurity experts is anticipated to restrain the growth of the Adaptive Security Market.
• With the outbreak of COVID-19, almost the majority of the organization shifted to the work-from-home model due to the lockdown ad social distancing measures that created a significant demand for managing the application and monitoring the application aspect remotely. As a result of the rising demand from organizations for adaptive security for their application services needs, some companies providing adaptive application security services are making strategic inroads into delivering a package of services.
• For example, OpsRamp recently expanded its network, UC monitoring for the WFH world with new functionality in the OpsRamp platform that allows solution providers to help customers manage hybrid and multi-cloud IT environments and meet the needs of work-from-home employees as demand for cloud applications, unified communications (UC) and collaboration tools, video conferencing, and other IT resources increased significantly.
• Furthermore, there was an increase in cyber-attacks and data breaches throughout the epidemic. According to VMware's Cybersecurity Threat Survey Report, supplemented with a survey on the impact COVID-19 had on the attack landscape, 88% of US cybersecurity professionals stated that as more workers work from home, attack volumes rose. Moreover, 89% reported cyberattacks tied to COVID-19 malware in their companies. Approximately 89% reported being targeted by COVID-19-related malware.

Adaptive Security Market Trends

Cloud to Hold Significant Share

Adaptive Security Industry Segmentation

Adaptive security is a method in which threats are constantly monitored and improved as cybersecurity dangers alter and adapt. Adaptive security software analyses behaviors and trends rather than only checking log files, monitoring checkpoints, and responding to warnings. It aims to create a feedback loop of threat detection, visibility, and protection that improves with time. Adaptive security is an intuitive intelligence strategy anticipated to detect cybercriminal practices and procedures, forestall an assault, and perhaps respond to a breach in milliseconds.

The Adaptive Security Market is segmented by Application (Application Security, Network Security, End-point Security, Cloud Security), Offering (Service, Solution), Deployment Model (On-premise, Cloud), End User (Global BFSI, Government & Defense, Manufacturing, Healthcare, Energy & Utilities, IT & Telecom, Other End Users), and Geography (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.