The stalkerware market is projected to expand at a 6.2% CAGR between 2023 and 2033. The market is expected to be worth US$ 128.8 million and US$ 279.2 million by 2023 and 2033, respectively. This was before the industry started expanding, reaching a market size of US$ 112.5 million in 2021.
The market for stalkerware is predicted to rise significantly as the number of enterprises increases and the danger of cyberattacks rises. There is a massive demand in the market for malware, ransomware, phishing, trojans, and other complex attacks developed by hackers. The growing number of people using cellphones and the need to safeguard the internet from major threats both contribute to the proliferation of stalkerware.
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Key Trends in the Stalkerware Market
During the day, as almost everyone works from home, advanced anti-virus solutions have become critical for supporting live streaming, e-learning, and other online activities. In addition, the continual benefits of antiviral technology in increasing Wi-Fi coverage satisfy the increased need for internet connectivity throughout the home fuel industry expansion. This scenario is expected to improve the market’s growth rate throughout the course of the forecast year.
The stalkerware market is seeing a growth in the adoption of cloud-based antivirus. Cloud-based antivirus, which offloads the operation to a cloud-based server, is an alternative to slowing down the computer with an antivirus suite. Cloud antiviral protects PCs, laptops, and mobile devices by providing behavioral-based screening and updating anti-malware capable of saving data.
Regional Outlook
Over the forecast period, Asia-Pacific is anticipated to have the largest CAGR. The increased usage of mobile device applications and platforms in APAC countries is related to the region’s growth. Many countries, including China, India, and others, are expanding infrastructure spending to spur economic growth for the stalkerware market.
North America’s dominance in the global market for stalkerware is expanding as a result of reasons such as ageing infrastructure and an increase in the number of research and development activities.
Key Takeaways
- Android/iOS segment by platform to have a market share of 55% and a CAGR of 5.6% during the forecast period.
- Throughout the projection period, the artists/individuals’ end user segment is anticipated to grow at a CAGR of 6.2% and reach a market share for stalkerware of 64%.
- The windows platform segment is expected to achieve a market share of 20% and a CAGR of 2.3% throughout the forecasting period.
- Along with a CAGR of 5% during the projection period, the enterprise end users’ category is anticipated to reach a market share for stalkerware of 26%.
- The Mac platform sector is estimated to have a 25% market share and a CAGR of 3.5% over the projection period.
- Educational end users are predicted to achieve a market share of 10% while experiencing a CAGR of 4.6% throughout the projection period.
- North American market for stalkerware to grow at a CAGR of 4.0% and grab a market share of 30% between 2023 and 2033.
- Between 2023 and 2033, Latin American market is projected to rise at a CAGR of 4.7% and take home a 4.5% market share.
- From 2023 to 2033, South Asia & Pacific may open up at a CAGR of 8.5% and acquire 18.30% of the market.
- Between 2023 and 2033, European market will expand at a 5.2% CAGR, capturing a 16.3% market share.
- East Asian market may boost at a CAGR of 6.2% and contribute for 24.5% of the market from 2023 to 2033.
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Scenario of Competition
The companies in the stalkerware market are investing a lot of money in these sectors in order to develop new technologies and expand their market share. These firms are partnering with domestic players in order to grow their business and market share in regional markets.
The top players in the market for stalkerware are FireEye, Cisco Systems Inc., Palo Alto Networks, Sophos Ltd., Broadcom, AO Kaspersky Lab, Fortinet, Inc. and others.
Recent Development
- A high-security firewall and real-time scanning are both features of the stalkerware program that FireEye has published. The need for stalkerware services grows as a result.
- As part of its threat grid project, Cisco has launched its safe malware analytics service, which provides prioritized threats and edge-to-endpoint integration, helping to increase sales of stalkerware solutions.
- The yearly Threat Landscape Report from Avast was released in January 2019. In-depth coverage of the main security risks that clients may encounter in 2019 is provided in this study. The threats are gathered and compiled by the Avast Threats Labs Team.
Key Segments
By Platform:
- Android/iOS
- Windows
- Mac
By End User:
- Personal Users
- Enterprise Users
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- MEA
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Author:
Sudip Saha is the managing director and co-founder at Future Market Insights, an award-winning market research and consulting firm. Sudip is committed to shaping the market research industry with credible solutions and constantly makes a buzz in the media with his thought leadership. His vast experience in market research and project management a consumer electronics will likely remain the leading end-use sector cross verticals in APAC, EMEA, and the Americas reflects his growth-oriented approach to clients.
He is a strong believer and proponent of innovation-based solutions, emphasizing customized solutions to meet one client’s requirements at a time. His foresightedness and visionary approach recently got him recognized as the ‘Global Icon in Business Consulting’ at the ET Inspiring Leaders Awards 2022.
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