Global Attack Surface Management Market Size, Share, and COVID-19 Impact Analysis, By Component (Solutions and Services), By Deployment (Cloud and On-Premise), By Enterprise Size (SMEs and Large Enterprises), By End-use (BFSI, Healthcare & Life Sciences, Retail & E-commerce, IT & Telecommunications, Government & Public Sector, Manufacturing, Energy & Utilities, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033

Global Attack Surface Management Market Insights Forecasts to 2033

• The Global Attack Surface Management Market Size Was Estimated at USD 1.40 Billion in 2023
• The Market Size is Expected to Grow at a CAGR of around 23.47% from 2023 to 2033
• The Worldwide Attack Surface Management Market Size is Expected to Reach USD 11.53 Billion By 2033
• Europe is Expected to Grow the fastest during the Forecast period.  

The Global Attack Surface Management Market Size is Anticipated to Exceed USD 11.53 Billion by 2033, Growing at a CAGR of 23.47% from 2023 to 2033. The Market Growth is rising due to the need for advanced solutions to address evolving cyber threats. ASM is essential for proactive vulnerability management and enhancing defense against increasingly sophisticated attacks.

Market Overview

The attack surface management market focuses on solutions and technologies that assist enterprises in managing and reducing the vulnerabilities in their digital infrastructure that cyber attackers could exploit. The term "attack surface" refers to all of the entry points that attackers can use to exploit an organization's systems, such as its networks, applications, devices, and services.

Attack surface management (ASM) for government organizations, especially when it comes to their modernization and digital transformation. The attack surface, or the overall number of points of entry into an agency's systems, increases in size and complexity as a result of the agencies' growing adoption of new technologies and network expansion, frequently through hybrid or multi-cloud settings. While this presents new security risks, it also gives ASM the chance to fortify protections.

The market for attack surface management (ASM) is essential for businesses looking to defend their digital infrastructure from online attacks. Businesses can detect and keep an eye on vulnerabilities in all of their digital assets, including cloud environments, on-premises systems, and third-party services, with the use of ASM tools and services. ASM helps businesses to prioritize remediation activities, improve security hygiene, and lessen their vulnerability to attacks by continuously identifying and evaluating potential threats, increasing the use of AMS, and raising government activities towards the AMS expansion of the AMS market.

Report Coverage

This research report categorizes the attack surface management market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the attack surface management market. Recent market developments and competitive strategies such as expansion, Type of Software launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the attack surface management market.

Driving Factors

The attack surface management market is experiencing rapid growth driven by the growing sophistication of cybercriminals' strategies. Traditional cybersecurity methods are unable to keep up with the evolving nature of cyber threats, which is why ASM solutions are crucial for ongoing vulnerability management and monitoring. ASM assists businesses in locating and fixing flaws in all aspects of their infrastructure, including network configurations, hardware, and software. The necessity of proactive security measures is further highlighted by the increase in zero-day vulnerabilities. In the end, ASM solutions are essential for bolstering defenses and reducing the dangers associated with changing cyberthreats.

Restraining Factors

The market growth is hindered by the payment gateway providers are constrained by the dependence on conventional banking infrastructure, particularly in areas with antiquated systems. These obstacles can be addressed by the adoption of new technology, like as blockchain, and strategic alliances with forward-thinking financial institutions. Providers can increase transaction speed, efficiency, and accessibility by adopting these technologies. This flexibility guarantees that payment gateways remain robust in the face of changing financial environments.

Market Segmentation

The global attack surface management market is classified into component, deployment, enterprise size, and end use.

• The solution segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the forecast period.

Based on the component, the attack surface management market is categorized into solutions and services. Among these, the solution segment accounted for the majority of the share in 2023 and is estimated to grow at a remarkable CAGR during the forecast period. The segmental growth can be attributed to the demand for strong security measures increases in tandem with the sophistication of cyber threats. Solutions for attack surface management provide ongoing monitoring, assisting businesses in locating and proactively addressing weaknesses. This makes it possible for companies to fortify their defenses and lower the possibility of assaults on all aspects of their digital infrastructure.

• The cloud segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the deployment, the attack surface management market is categorized into cloud and on-premise. Among these, the cloud segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to its scalability and flexibility. Businesses' attack surface increases as they embrace new technology and increase their digital footprint. Cloud-based ASM solutions can adapt to these changes in real time, offering thorough management and visibility across an ever-growing array of endpoints and assets. Businesses with varying workloads or quick expansion would especially benefit from this scalability, which guarantees that they can retain strong security measures without having to make large infrastructure investments.

• The large enterprise segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the enterprise size, the attack surface management market is categorized into SMEs and large enterprises. Among these, the large enterprise segment held the greatest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to the large businesses that usually run intricate IT infrastructures with many interconnected systems, cloud environments, and many locations. Managing and safeguarding the complete digital footprint becomes more challenging due to its intricacy. All assets can have their vulnerabilities continuously monitored and managed with the help of ASM solutions, which guarantee complete visibility and control. Large organizations may maintain a strong security posture across their varied and wide IT infrastructures by identifying and prioritizing real-time vulnerabilities.

• The BFSI segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on the end use, the attack surface management market is categorized into BFSI, healthcare & life sciences, retail & e-commerce, it & telecommunications, government & public sector, manufacturing, energy & utilities, and others. Among these, the BFSI segment held the largest share in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The segmental growth can be attributed to the BFSI industry usually works in intricate IT settings that combine a variety of digital assets, contemporary apps, and older systems. It can be difficult to manage and secure this intricate infrastructure, especially considering how frequently financial transactions and client interactions change. These diverse attack surfaces can be thoroughly mapped, tracked, and managed by attack surface management technologies. BFSI firms can close security gaps and guarantee that all infrastructure components are safe from possible threats by utilizing ASM solutions, which offer insights into the whole IT environment.

Regional Segment Analysis of the Attack Surface Management Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

North America is anticipated to hold the largest share of the attack surface management market over the predicted timeframe.

North America is anticipated to hold the largest share of the attack surface management market over the predicted timeframe. The region's growth can be boosted by organizations in these regions that are more conscious of the significance of cybersecurity. Data breaches and high-profile intrusions have elevated cybersecurity to the top of business agendas. Companies of all sizes are realizing how cyber disasters can affect their operations, finances, and reputation. To protect against possible risks, this increased awareness motivates investment in proactive security measures, such as ASM solutions.

Europe is expected to grow at the fastest CAGR of the attack surface management market during the forecast period. Europe is renowned for having strict privacy and data protection regulations.  2018 saw the enactment of the General Data Protection Regulation (GDPR), which places stringent guidelines on how businesses handle personal data. Serious financial penalties and harm to one's reputation may arise from noncompliance with GDPR. By offering thorough insight into their digital assets and guaranteeing ongoing monitoring and protection of sensitive data, attack surface management systems assist European firms in complying with these rules.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the attack surface management market, along with a comparative evaluation primarily based on their Type of Software offerings, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes Type of Software development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Microsoft
• Cisco Systems, Inc.
• Mandiant
• Tenable, Inc.
• International Business Machines Corporation
• CyberArk Software Ltd.
• Qualys, Inc.
• Palo Alto Networks
• Rapid7
• IBM
• Trend Micro
• IONIX
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs) 

Recent Developments

• In August 2024, Group-IB and SecurityHQ launched a global collaboration to improve cybersecurity capabilities worldwide. This relationship incorporates Group-IB's sophisticated Threat Intelligence, Attack Surface Management, and Digital Risk Protection products into SecurityHQ's operations, enhancing their Security Operation Centers (SOCs). The collaboration intends to strengthen defenses against advanced cyber threats and enhance SecurityHQ's fraud protection services, particularly in the financial industry.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the attack surface management market based on the below-mentioned segments: 

Global Attack Surface Management Market, By Component

• Solutions
• Services

Global Attack Surface Management Market, By Deployment

• Cloud
• On-Premise

Global Attack Surface Management Market, By Enterprise Size

• SMEs
• Large Enterprises

Global Attack Surface Management Market, By End-use

• BFSI
• Healthcare & Life Sciences
• Retail & E-commerce
• IT & Telecommunications
• Government & Public Sector
• Manufacturing
• Energy & Utilities
• Others

Global Attack Surface Management Market, By Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa