Automated Breach and Attack Simulation Market Can Touch Approximately $5.5 Billion by 2031

According to a new report published by Allied Market Research, titled, "Automated Breach and Attack Simulation Market, by Offering (Platforms and Tools, Services), by Deployment Mode (On-Premises, Cloud), by Application (Configuration Management, Patch Management, Threat Management, Others), by End User (Enterprises and Data Centers, Managed Service Providers): Global Opportunity Analysis and Industry Forecast, 2021-2031".

The automated breach and attack simulation market was valued at $305.63 million in 2021, and is estimated to reach $5.5 billion by 2031, growing at a CAGR of 33.6% from 2022 to 2031.

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Automated breach and attack simulation refers to a type of advanced computer security testing approach that seeks to find various security settings' vulnerabilities by simulating the attack vectors and methods hostile actors are likely to utilize. These solutions follow easy actions for installation and also require low value for maintenance comparatively. It offers security testing consistently to prevent loss from cyberattacks.

Furthermore, increase in complexities in managing security threats and increase in demand for prioritizing security investments is boosting the growth of the global automated breach and attack simulation market. In addition, growing number of cyber-attacks across the globe is positively impacting growth of the automated breach and attack simulation market. However, lack of skilled security experts and lack of awareness related to advanced cybersecurity technologies is hampering the automated breach and attack simulation market growth. On the contrary, Rise in digitalization initiatives is expected to offer remunerative opportunities for expansion of the during the automated breach and attack simulation market forecast.

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Competitive Analysis:
The competitive environment of Automated Breach and Attack Simulation Industry is further examined in the report. It includes details about the key players in the market's strengths, product portfolio, Automated Breach and Attack Simulation Market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.

Key Players:
AttackIQ
Keysight Technologies
Qualys, Inc.
Rapid7
Sophos Ltd.
Cymulate
FireMon, LLC.
SafeBreach Inc.
Skybox Security, Inc
Skybox Security, Inc
XM Cyber and Many More

Region-wise, the Automated breach and attack simulation market size was dominated by North America in 2021, and is expected to retain its position during the forecast period, due to the rise in demand for automated breach & attack simulation solutions and services in this area. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to the digital revolution occurring in cybersecurity across industrial verticals and the rapid growth of rising countries such as China and India.

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Automated breach and attack simulation market is adding a wide range of technologies, including machine learning and IoT-integration to help organizations become more data-driven and better strategized. As cloud service providers run extremely secure operations, most security failures are caused by customer security errors and not by cloud service provider's security issues. Therefore, many key players introduced various strategies to expand their automated breach and attack simulation solutions. For instance, in June 2022, Cisco launched cloud-delivered, integrated platform that secures and connects organizations of any shape and size. Cisco designed Cisco Security Cloud to be the industry's most open platform, protecting the integrity of the entire IT ecosystem without public cloud lock in. More number of such innovations are expected to provide lucrative opportunities for the expansion of the global automated breach and attack simulation industry.

The COVID-19 pandemic highlights risks associated with economic uncertainty, such as intensified crime risks i.e., fraud and money laundering. Furthermore, the surge in COVID-19-related phishing and ransom ware assaults, where attackers use COVID-19 as bait to imitate brands and deceive workers and consumers, has fueled demand for cloud security services. This, in turn, supports the growth of the automated breach and attack simulation r market during the COVID-19 pandemic.

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