Authored By: Sarah
11 Jul 2024

 File Integrity Monitoring Market Size to grow by USD 325 million between 2024-2028

According to a research report “ File Integrity Monitoring Market” by End-user (BFSI, Government, Healthcare, Education, Others) Deployment (Cloud, On-premises) Geography (North America, Europe, APAC, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 325 million, at a CAGR of  14.76% during the forecast period. In today's digital landscape, cyber threats pose a significant risk to businesses, with hackers and cybercriminals increasingly targeting sensitive data and files. According to recent reports, the number of data breaches and resulting identity thefts reached an all-time high in the US, with approximately 4.8 million reports filed to the Federal Trade Commission (FTC) in 2022. To mitigate these risks, file integrity monitoring (FIM) services have emerged as a crucial solution. FIM solutions enable enterprises to verify user access to critical resources, securely open files, and access data. By offering advanced tools to monitor and defend against potential attacks, FIM services empower businesses to proactively protect their most valuable assets.

Browse market data tables, figures, and in-depth TOC on “File Integrity Monitoring Market” by End-user (BFSI, Government, Healthcare, Education, Others) Deployment (Cloud, On-premises) Geography (North America, Europe, APAC, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By End-user, the BFSI segment is projected to dominate the market size in 2024

File Integrity Monitoring (FIM) is an essential business solution that safeguards the integrity of critical data and systems. By continuously monitoring and alerting on unauthorized changes, FIM ensures business continuity and data security. This proactive approach mitigates risks, enhances compliance, and fortifies your organization's digital defense. FIM solutions employ advanced algorithms and machine learning techniques to detect anomalous activities, providing early warning systems against potential threats. Investing in FIM is a strategic move to maintain trust, protect valuable information, and uphold your organization's reputation.

By Deployment, Cloud  segment is expected to hold the largest market size for the year 2024

File Integrity Monitoring (FIM) is an essential business solution for safeguarding critical data and systems against unauthorized modifications. FIM solutions provide real-time alerts and reporting on any changes to critical files, ensuring business continuity and data security. These solutions employ advanced algorithms and machine learning to detect anomalous behavior and maintain a secure IT environment. Implementing FIM is a proactive approach to mitigate risks and protect against potential data breaches.

North America is forecasted to hold the largest market size by region in 2024

File Integrity Monitoring (FIM) is an essential business solution for safeguarding critical data and systems against unauthorized modifications, ensuring data consistency and maintaining regulatory compliance. FIM solutions continuously monitor and alert on any changes to critical files, providing real-time visibility and control. By implementing FIM, organizations can strengthen their security posture, minimize risk, and maintain business continuity.

The File Integrity Monitoring Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AT and T Inc.
  • BeyondTrust Corp.
  • Cimcor Inc
  • CISO Platform
  • Excel Controlinkage Pvt. Ltd
  • HelpSystems LLC
  • Ionx Solutions LLP
  • LogRhythm Inc.
  • Microsoft Corp.
  • Nagios Enterprises LLC.
  • Netwrix Corp.
  • New Net Technologies LLC.
  • Paessler AG
  • Qualys Inc.
  • SolarWinds Corp.
  • Splunk Inc.
  • Tanium Inc.
  • Trend Micro Inc.
  • Trustwave Holdings Inc.
  • Zoho Corp. Pvt. Ltd.
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The File Integrity Monitoring (FIM) market is witnessing significant growth due to the increasing number of cyber-attacks by cybercriminals and hacktivists targeting organizations' IT infrastructure. FIM solutions play a crucial role in safeguarding Operating Systems files and Application software from unauthorized modifications, ensuring the integrity of IT systems. Two popular installation methods for FIM solutions are agent-based and agentless. Agent-based installation requires installing an agent on each monitored system, while agentless installation does not. Both methods have their advantages and are suitable for different use cases. FIM solutions are essential for industries handling sensitive data, such as the financial sector and e-commerce, where data breaches can lead to significant financial losses. Calculated checksums and cryptographic checksums are validation methods used by FIM solutions to detect file changes. Scalability is a critical factor for FIM solutions, especially in large enterprises with complex IT infrastructure. Cloud deployment mode and cloud-based deployment are popular choices for their ease of deployment and cost-effectiveness. Regulations, such as HIPAA, PCI-DSS, and GDPR, mandate the use of FIM solutions to ensure compliance and protect sensitive data. Capital investment in FIM solutions is a worthwhile investment for enterprises seeking to strengthen their IT security processes and protect against cyber threats. The Internet of Things (IoT) and Bring Your Device (BYOD) policies introduce new challenges for FIM solutions, requiring them to monitor and secure an increasing number of endpoints. Agentless installation mode is a popular choice for IoT devices due to their resource constraints. Overall, FIM solutions play a vital role in safeguarding an organization's IT infrastructure from cyber threats.

Market Research Overview

The File Integrity Monitoring (FIM) market is witnessing significant growth due to the increasing number of cyberattacks and cyber espionages by cybercriminals and hacktivists. With the proliferation of the Internet of Things (IoT), Bring Your Device (BYOD) culture, and mobile internet users, the need for robust FIM solutions has become crucial for various sectors such as financial services, e-commerce, healthcare, large enterprises, SMEs, and critical infrastructure providers. FIM solutions help organizations validate their IT infrastructure, including operating systems files and application software, using calculated checksums or cryptographic checksums. Authentication and IT security processes are essential components of FIM solutions, ensuring the integrity of sensitive data against cyber threats. Regulatory reforms and compliance requirements have driven the demand for FIM solutions in industries like finance, insurance, and healthcare. While some organizations prefer agent-based installation, others opt for agentless installation due to budgetary constraints and IT security investments. Cutting-edge FIM solutions offer 24/7 services, scalability, and cloud deployment mode, catering to the diverse needs of enterprises. With the rise in cyberattacks, cybersecurity processes have become a priority, making FIM solutions an indispensable part of IT security processes. Inorganic methods like malware and organic methods like insider threats pose significant challenges to FIM solutions. However, advancements in FIM technology and regulatory reforms are expected to mitigate these risks. The market for FIM solutions is expected to grow exponentially in the coming years, driven by the increasing need for securing sensitive data and regulatory compliance.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio