The Latin America, Middle East and Africa File Integrity Monitoring Market would witness market growth of 22.5% CAGR during the forecast period (2022-2028).
There is a growth in the usage of cloud-based solutions by small and medium-sized businesses (SMEs) as a result of fast digitization and the increased application of remote working methods to safeguard vital organization data. This is one of the primary elements positively driving the demand for FIM all over the world.
In addition, the increasing use of online banking services as a result of the reliance on smartphones having high-speed internet is driving the demand for FIM in an effort to reduce cybercrime. This, coupled with the expansion of the banking, financial services, and insurance (BFSI) sector, is propelling the market.
The rising prevalence of transnational terrorist activities, drug trafficking, cybercrime, and unlawful trespassing is driving the demand for FIM within the defense and government sectors. Moreover, the convergence of machine learning (ML), artificial intelligence (AI), and multi-factor authentication to mitigate the effect of data breaches present investors with lucrative development potential.
In developing regions such as the Middle East and Africa (MEA) and Latin America (LA), the market is anticipated to expand due to the rising adoption as well as deployment of technology innovations in enterprises, the development of sectors, like the telecom and banking sectors, and the introduction of new regulatory compliances. The increasing adoption of technologically advanced solutions by businesses to enhance their security has exposed them to a variety of security vulnerabilities related to enterprise IT infrastructure.
The Brazil market dominated the LAMEA File Integrity Monitoring Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $67.1 million by 2028. The Argentina market is experiencing a CAGR of 23.1% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 22.1% during (2022 - 2028).
Based on Installation, the market is segmented into Agent-less and Agent-based. Based on Deployment Mode, the market is segmented into On-premises and Cloud. Based on Organization Size, the market is segmented into Large Enterprises and SMEs. Based on Vertical, the market is segmented into BFSI, Government, Education, Healthcare, IT & Telecom, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global File Integrity Monitoring Market is Predict to reach $3 Billion by 2028, at a CAGR of 15.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include SolarWinds Corporation, Cimcor, Inc., LogRhythm, Inc., Trustwave Holdings, Inc. (Singapore Telecommunications Ltd.) (Temasek Holdings), ManageEngine (Zoho Corporation), Trend Micro, Inc., Qualys, Inc., Netwrix Corporation, McAfee Corp., and Tripwire Inc. (Belden, Inc.)
By Installation
By Deployment Mode
By Organization Size
By Vertical
By Country
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