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| Global Phishing Simulator Market Size |
Phishing simulators help test employees' ability to identify online threats by
exposing them to simulated phishing attacks in live firewall and sandbox
environments without putting sensitive information at risk. Phishing
simulations allow organizations to continuously train employees on how to spot
dangerous links and emails, reduce the chances of data breaches, and ensure
everyone is up to date on the latest strategies used by hackers.
The global
Phishing Simulator Market is estimated to be valued at US$ 107.49 Bn in 2023 and is
expected to exhibit a CAGR of 9.0% over
the forecast period 2024 to 2031, as highlighted in a new report published by
Coherent Market Insights.
Market key trends:
The increasing demand for continuous cybersecurity training from organizations
is a key trend driving the growth of the phishing simulator market. Phishing
simulations allow organizations to train their employees on an ongoing basis
without disrupting work schedules. Employees can learn at their own pace
through simulated attacks and reinforcement of best practices. This helps
organizations ensure all staff members are equipped to detect even
sophisticated phishing attempts. The flexibility and ease of use of phishing
simulations have made them a popular option for keeping cybersecurity knowledge
and skills up to date among growing workforces.
Segment Analysis
The global Phishing Simulator market is dominated by the end-user simulation
segment. This segment holds the largest market share owing to increasing
adoption of phishing simulations to provide training and create awareness among
end-users regarding phishing threats. The end-user simulation solution helps
organizations ensure their employees can easily recognize simulated phishing
threats and report them. This further aids organizations in protecting their
infrastructure from internal threats and data breaches.
Key Takeaways
Global
Phishing Simulator Market Size is
expected to witness high growth over the forecast period of 2024 to 2031. The
global Phishing Simulator Market is estimated to be valued at US$ 107.49 Bn in 2023 and is expected to exhibit a CAGR of 9.0% over the forecast period
2024 to 2031.
Regional analysis related content comprises
North America is expected to hold the largest share of the global phishing
simulator market during the forecast period. This is attributed to strict data
privacy regulations such as GDPR (General Data Protection Regulation) driving
enterprises to adopt advanced phishing simulation solutions to train their
employees against cyber threats. Additionally, the presence of leading phishing
simulator vendors such as KnowBe4, PhishLabs, and Cofense (PhishMe) in the
region is also fueling market growth.
Key players related content comprises
Key players operating in the Phishing Simulator market are Ironscales, Cofense
(PhishMe), Infosec Institute, KnowBe4, PhishLabs, Wombat Security Technologies,
Barracuda Networks, Mimecast, Proofpoint, CyberFish, DataEndure, FireEye,
Smooth Phish, Votiro, XM Cyber, Lucidworks, Digital Defense, Getlabs, Avanan,
Greathorn. KnowBe4 is one of the leading players providing phishing simulation
platform along with anti-phishing awareness training solutions. Cofense
(PhishMe) offers a robust phishing simulation and awareness training platform
enabling organizations to conduct targeted simulated phishing campaigns.
Get More Insights On This Topic: https://www.trendingwebwire.com/the-global-phishing-simulator-market-is-propelled-by-increased-adoption-of-cloud/
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