Automated Breach and Attack Simulation Market Regional Analysis:
North American Market Insights
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 2035. 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 Insights
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 2035. 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.
