The global Content Disarm and Reconstruction (CDR) Market is expected to grow from USD 158 million in 2018 to USD 298 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period. Factors that are expected to drive the market growth are the increasing number of Advanced Persistent Threats (APTs), ransomware, and zero-day attacks; the rising number of malware and file-based attacks; and the growing stringent regulations and compliances.
The solution segment to hold a higher market share in 2018
The security solution providers have added a layer to the existing security of organizations by offering the Content Disarm and Reconstruction solution. The Content Disarm and Reconstruction solution is a cloud-based and on-premises data sanitization solution that helps in sanitizing the incoming files in the network, without harming the file and without changing the file extension. The solution is intended to protect organizations from document-borne malware, malware-carrying images, and other infected files. The software supports various file types, including DOC, DOCX, XLSX, PPTX, PDF, JPG, BMP, PNG, TIFF, and GIF. The increasing cyber-attacks through various vectors, such as emails, attachments, File Transfer Protocol (FTP) transfers, and Universal Serial Bus (USB) transfers; and the rising pressure from stringent regulations and compliances have triggered the solution segment to garner more revenue during the forecast period.
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The cloud deployment mode is expected to grow at a higher CAGR during the forecast period
The Content Disarm and Reconstruction Market by deployment mode has been segmented into on-premises and cloud. Cloud deployment is the fastest-growing deployment mode in the Market. Small and Medium-sized Enterprise (SMEs), in particular, have implemented the cloud deployment mode, as it enables them to focus on their core competencies, rather than investing their capital on network infrastructure. Organizations can avoid the costs related to hardware, software, storage, and technical staff by using cloud-based Content Disarm and Reconstruction solutions. The security of files within the network infrastructure is the biggest priority, as it is the primary target of cybercriminals. The cloud-based platform offers a unified way in the form of Software-as-a-Service (SaaS)-based Content Disarm and Reconstruction services to secure the network data and assist organizations in complying with General Data Protection Regulation (GDPR) and other data protection regulations, thus benefitting enterprises with tight budgets for security investments. The cloud-based Content Disarm and Reconstruction solution is easy to maintain and upgrade; as a result, it is driving the growth of the cloud deployment mode.
The CDR market comprises major solution providers, such as Symantec (US), Check Point Software Technologies (Israel), Fortinet (US), Deep Secure (UK), Sasa Software (Israel), ReSec Technologies (Israel), ODI (Israel), OPSWAT (US), Votiro (Israel), Peraton (US), Solebit (US), SoftCamp (Korea), Glasswall Solutions (UK), JiranSecurity (Korea), YazamTech (Israel), and CybAce Solutions (India).
The research study includes an in-depth competitive analysis of these key players with their company profiles, recent developments, and key market strategies. The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and upgradations; and partnerships, agreements, and collaborations have been the most dominating strategies adopted by the major players. These dominating strategies have helped them innovate their offerings and expand their audience.
OPSWAT’s products are tailored and catered to a wide range of verticals. The company protects its customers from cyber threats by delivering products in the area of CDR technology. It has adopted organic and inorganic growth strategies to improve its market share and increase its annual revenue. It strengthens its product portfolio with the help of frequent product upgradations and new product launches. In November 2017, OPSWAT enhanced its existing solution, MetaDefender, by upgrading it to version 4.8 by adding new technologies, such as multi-scanning and CDR. The company operates in many countries and has a strong presence in the regions of the US, Romania, Hungary, Vietnam, Taiwan, Japan, Israel, and the UK. It has approximately 200 employees and more than 1,000 clients. OPSWAT firmly adheres to the business strategy of maintaining strong relationships with its partners in the market by forming strategic alliances and partnerships. The company enhances partner relationship programs with its channel partners, technology partners, and solution providers. In September 2018, the company partnered with Carahsoft, a trusted government IT solutions provider. This partnership would help provide cybersecurity products and solutions to the federal, state, and local government agencies. In March 2018, the company partnered with INCA Internet Corporation to provide customers with solutions that would safeguard them from malware attacks.
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Votiro was founded in 2010 and is headquartered in Tel Aviv, Israel. The company is one of the global providers of cybersecurity solutions across the globe. The company offers a wide range of solutions for spear phishing protection, unknown exploits, zero-day exploits, APTs, and CDR. The company provides the best defense solutions to safeguard the organization’s data from malicious content. In April 2018, the company launched a version 8.0 of its Zero-Day Identifier solution with the additional capability to safeguard organizations from zero-day attacks and evolving cyber-attacks. These strategies are helping the company stay ahead in the CDR market. Similarly, in July 2017, Votiro launched an enhanced version of Secure Data Sanitization Platform to protect organizations from rising high-profile attacks, such as WannaCry and NotPetya.
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