Industry Background:
Spear phishing, like phishing in general, is a ploy that tries to trick the victim into giving the offender personal information, such as account passwords. Unlike general phishing, the spear-phishing is targeted and thus more harmful. Spear phishing attacks are messages that are usually customized based on public knowledge about the target that the intruder has found. Spear Phishing solutions thus try to identify the potential spear-phishing attack and then prevent the harm. Spear Phishing Solution guides the customer to take steps to prevent or block malicious attacks resulting from spear phishing emails.This growth is primarily driven by Growing Number of Spear Phishing Attacks, Increasing Use of E-Mails for Communication and Rising Leakages of Sensitive Information Due to Spear Phishing Attacks.
Globally, a noticeable market trend is evident Adoption of AI in Spear Phishing Solution
. Major Players, such as FireEye, Inc. (United States), BAE Systems (United Kingdom), Barracuda Networks Inc. (United States), Checkpoint Software Technologies Ltd. (United States), Cisco Systems Inc. (United States), Forcepoint LLC. (United States), GreatHorn, Inc. (United States), Graphus (United States), PiiQ Media (United States) and Vade (France) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 24th Aug 2020, Kaseya, a leading provider of IT infrastructure and security management solutions, added Graphus, a powerful automated phishing defense platform, to its IT Complete platform. IT Complete now has a simple, automated, powerful, and cost-effective email security and phishing defense platform as a result of this acquisition.
On 18th Nov 2020, PQ-SPEAR is a social engineering risk remediation and advanced security preparation simulation was launched by PiiQ Media. PQ-SPEAR is a 'Denial Technology' that aims to educate workers about the growing risks while also preventing perpetrators from gathering the requisite Personally Identifiable Information (PII) to conduct active social engineering operations.
Market Drivers
- Growing Number of Spear Phishing Attacks
- Increasing Use of E-Mails for Communication
- Rising Leakages of Sensitive Information Due to Spear Phishing Attacks
Market Trend
- Adoption of AI in Spear Phishing Solution
- Introduction of Enterprise-Grade Scalable Spear Phishing Solutions
Restraints
- Lack of Awareness About the Availability of Spear Phishing Solution
Opportunities
Rise of IT Industry Will Boost the Demand of Spear Phishing Solutions and Growth of Innovative Start-Ups in Spear Phishing Solutions Market Will Boot the Demand Of Spear Phishing Solution
Challenges
Challenging to Increase the Efficiency of Spear Phishing Solutions and Reluctance from SMEs To Buy Spear Phishing Solutions
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Spear Phishing Solution Study Sheds Light on
— The Spear Phishing Solution Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Spear Phishing Solution industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Spear Phishing Solution industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.