South Korean Network-based Advanced Malware Analysis (NAMA) Solutions Market, Forecast to 2022

The Demand for Cloud-based Sandboxing Drives Overall Market Growth

Awareness of NAMA solutions has increased significantly in South Korea due to the rise of highly sophisticated and combined attacks that employ several hacking techniques. BFSI and government were the key verticals under attack; hence, NAMA adoption was mainly seen in these two verticals. In addition, SMBs have also witnessed some attacks, due to which this sector is also seeing the adoption of NAMA solutions. As the attacks are getting more sophisticated, the adoption of NAMA solutions is not only because of the focus on sandbox features but also other security technologies, such as Endpoint Detection and Response (EDR) and other endpoint solutions. In addition, many vendors offer NAMA solutions with features such as email and Content Disarm and Reconstruction (CDR). Security solutions based on machine learning features and reputation analysis technology which do not use sandbox but provide NAMA features could hinder the growth of South Korean NAMA market.

In addition to market growth analysis, the study highlights the key driving forces of the network-based advanced malware market.

Market trends are analyzed for the study period 2016 to 2022, with 2017 being the base year. Network-based advanced malware solution is the key focus area in this study. The vertical segmentation in this study includes the government, banking, financial services and Insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITES, eGaming, eCommerce, and BPOs.

Companies mentioned in the South Korea NAMA market competitive landscape include FireEye, Trend Micro, AhnLab, WINS, Cisco, Palo Alto Networks, Check Point Software Tech, McAfee, Symantec, Lastline, and other vendors.

Key Issues Addressed

• Is the market growing? How long will it continue to grow, and at what rate?
• Are the existing competitors structured correctly to meet customer needs?
• Who are the major solution vendors in different regions and what is their market share?
• What will be the drivers and restraints, in terms of NAMA solution adoption?
• What are the vertical and horizontal market trends?
• What are the growth opportunities and call to action for the supply chain?