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Industry Landscape

The cybersecurity software market is experiencing rapid growth driven by escalating cyber threats, digital transformation, and stringent regulatory demands. Organizations are increasingly adopting advanced solutions like AI-powered platforms for unified visibility, risk-based prioritization, and automation to secure complex IT environments and software supply chains. There's a strong shift towards proactive security measures and seamless integration into development lifecycles.

Industries:
CybersecurityApplication SecurityVulnerability ManagementDevSecOpsSoftware Supply Chain

Total Assets Under Management (AUM)

Cybersecurity Market Size in United States

~Approximately $250 billion USD

(13.8% CAGR)

- Driven by increasing digitalization and cloud adoption.

- Boosted by rising sophistication of cyber threats.

- Mandated by evolving regulatory compliance requirements.

Total Addressable Market

250 billion USD

Market Growth Stage

Low
Medium
High

Pace of Market Growth

Accelerating
Deaccelerating

Emerging Technologies

AI in Security Orchestration and Response (SOAR)

AI-powered SOAR platforms automate security operations, incident response, and vulnerability management workflows, significantly reducing manual effort and response times.

Software Bill of Materials (SBOM) Automation

Automated generation and analysis of SBOMs provide comprehensive transparency into software components, enabling proactive identification and management of supply chain vulnerabilities.

Generative AI for Threat Intelligence

Generative AI can analyze vast amounts of threat data to predict new attack vectors, generate sophisticated deception strategies, and produce highly contextualized threat intelligence reports.

Impactful Policy Frameworks

Executive Order 14028, Improving the Nation's Cybersecurity (2021)

This US executive order mandates significant changes for federal agencies and their software suppliers, emphasizing information sharing, SBOMs, and enhanced supply chain security.

This policy directly pushes federal agencies and their contractors towards solutions like ArmorCode's for software supply chain security and vulnerability management.

NIST Cybersecurity Framework 2.0 (2024)

NIST CSF 2.0, an updated voluntary guidance document for organizations to manage and reduce cybersecurity risks, now includes a new 'Govern' function and broadens its applicability.

The updated framework encourages broader adoption of structured cybersecurity practices, driving demand for integrated platforms like ArmorCode that provide holistic visibility and governance capabilities.

SEC Cybersecurity Disclosure Rules (2023)

The US SEC requires public companies to disclose material cybersecurity incidents within four business days and provide annual disclosures regarding their cybersecurity risk management, strategy, and governance.

This rule increases pressure on public companies to accurately assess and manage their cyber risks, creating a stronger imperative for robust vulnerability and application security posture management solutions.

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