Published Date: 30-Nov-2022
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According to a new report, published by KBV research, The Global File Integrity Monitoring Market size is expected to reach $3 billion by 2028, rising at a market growth of 15.9% CAGR during the forecast period.
The Agent-based segment is showcasing a CAGR of 16.6% during (2022 - 2028). The growth of this segment is rising as enterprises throughout the world seek to safeguard sensitive data. An agent-based monitoring system collects performance and application metrics automatically in a virtual, physical, and cloud environment and enables in-depth monitoring and control. Monitoring software necessitates the installation of an agent on target servers and devices.
The On-premises segment is leading the Global File Integrity Monitoring Market by Deployment Mode in 2021 thereby, achieving a market value of $1.7 billion by 2028. The rapidly rising growth of the segment is majorly attributed to the fact that this type of deployment offers higher control to the company. In addition, it substantially reduces the risk to the privacy of the data that is being kept within the file integrity monitoring software as the on-premise deployment eliminates all prospects of any kind of unauthorized access. These factors are fueling the growth of the file integrity monitoring market.
The SMEs segment has shown the growth rate of 17.4% during (2022 - 2028). Due to the platform's cost-effectiveness, SMBs are increasingly utilizing FIM solutions. Cloud-based FIM solutions are advantageous for consumers since there are no setup fees and they may be started and terminated on demand. Furthermore, there is an increase in the demand for higher growth among SMEs all over the world.
The BFSI segment acquired maximum revenue share in the Global File Integrity Monitoring Market by Vertical in 2021 thereby, achieving a market value of $793.2 million by 2028. The surge in the growth of the segment is due to the advent of Bring Your Own Device (BYOD) and the Internet of Things (IoT) across all industry verticals. Increasing regulatory security compliance implementation and the escalating quantity of cyber threats and attacks are responsible for the BFSI industry's increased demand.
The North America market dominated the Global File Integrity Monitoring Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1 billion by 2028. The Europe market is exhibiting a CAGR of 15.1% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 16.8% during (2022 - 2028).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Deployment Mode
By Organization Size
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