File Integrity Monitoring Market Size, Share & Trends Analysis Report By Installation, By Deployment (Cloud, On-premise), By Organization (SMEs, Large Enterprises), By End Use, And Segment Forecasts, 2018 - 2025

Industry Insights

The global file integrity monitoring market size was valued at USD 510.4 million in 2016. Increasing the pressure of handling sensitive consumer data across various industries and the necessity to manage stringent regulatory compliances is driving demand for file integrity monitoring (FIM).

Several regulations require enterprises and agencies to employ FIM to meet compliances such as Payment Card Industry Digital Security Standards (PCI-DSS), North American Electric Reliability Corporation (NERC-CIP), Sarbanes-Oxley Act (SOX), and The Federal Information Security Management Act (FISMA).

Companies spend a lot of time and money on data protection and security solutions to minimize financial losses, to comply with regulatory requirements, to maintain high levels of productivity, and to meet customer requirements. All types of businesses in sectors such as e-commerce, healthcare, financial sector, manufacturing, and service use computers to carry out their business 24/7. Therefore, to cater to these expectations of customers, a company has to deploy data protection and data monitoring strategies.

The number of industries serving people has been increasing and technological advancements deployed by industry participants are becoming a target for cybersecurity threats. By deploying FIM solutions, companies can track changes and set up alerts and notifications on changes made in the files.

Installation Insights

Monitoring software requires an agent to be installed on target servers or devices. The monitoring agent collects performance metrics about the servers and the applications that are performing on them. The choice between agentless and agent-based monitoring depends on organizational policy, business requirements, and customer needs.

The agent-less installation segment was valued at USD 308.7 million in 2016 and is expected to dominate the FIM market due to cost-effectiveness and less switching cost for users. Agentless monitoring is performed by a management server or a device that has an agent installed, called the proxy agent. In agent-less monitoring, several IT infrastructure components are monitored without having to install an agent in any device.

The agent-based installation segment is expected to expand at the highest CAGR of 15.1% over the forecast period, as organizations around the world are aiming toward the protection of critical information. An agent-based monitoring system automatically collects metrics on performance and applications in physical, virtual, and cloud environment and it provides in-depth monitoring and management.

Deployment Insights

The cloud-based deployment segment is estimated to exhibit a CAGR of 15.0% over the forecast period. It offers various benefits to users, such as easy setup and no maintenance. It eliminates the need for managing separate agents for different security solutions such as detecting policy and compliance-related changes across extensive IT environments, and for compliance with rigid regulations. It reduces the burden on customers as all configuration, monitoring, and reporting tasks are performed by the provider. It is a cost-effective solution for SMEs and large organizations as companies do not have to deploy hardware or management consoles.

Organization Insights

The large enterprise segment accounted for a share of over 60.0% in the file integrity monitoring market in 2016. Favorable government regulations are motivating large enterprises to protect their data. Majority governments have started imposing new regulations on electronic communications and stored data for all businesses. Companies that fail to comply with these can be held criminally liable. These regulations define the nature of the information that can be retained, the duration of retaining the information, and the conditions under which the information can be retained. Other regulations ensure the privacy and safety of the information contained in documents, files, and databases.

Small and medium enterprises are estimated to form the fastest-growing segment with a CAGR of 15.6% from 2017 to 2025. SMEs are increasingly employing FIM solutions owing to the cost-effective nature of the platform. Cloud-based FIM solutions are favorable to consumers as there is no high set-up cost and it can be started and stopped according to customers’ requirements.

End-use Insights

The BFSI segment was valued at USD 170.2 million in 2016 and is estimated to dominate the market due to the advent of Bring Your Device (BYOD) and the Internet of Things (IoT) across verticals. Rising demand in the BFSI sector can be attributed to the increasing implementation of regulatory security compliances and the rising number of cyber threats and attacks. Large enterprises in the BFSI sector are expected to increase their investments in FIM solutions.

The government segment is projected to drive market growth, witnessing a CAGR of 15.1% from 2017 to 2025. Government networks and infrastructure around the world are always under the risk of being attacked by hacktivists and cybercriminals. Governments are striving to protect data from intruders while simultaneously making data available to employees and citizens.

Regional Insights

North America was the largest market in 2016 and is expected to reach a value of USD 562.6 million by 2025. A major factor driving the regional market is increasing usage of the Internet, deployment of software and IT infrastructure in enterprises, and rising instances of cyber-attacks.

Asia Pacific is estimated to expand at the fastest CAGR of 16.3% over the forecast period. The regional market presents several growth opportunities mainly due to key factors such as rapid economic growth in developing countries, regulatory reforms by governments, and economic stability.

In the case of developing regions such as MEA and Latin America, the market is expected to grow due to increasing adoption and deployment of technological solutions in enterprises, developing sectors such as telecom and banking sectors, and new regulatory compliances. The growing adoption of technologically advanced solutions by enterprises to improve their security has made companies prone to many security threats associated with enterprise IT infrastructure. The rise in cyber threats for critical information theft is anticipated to drive the market.

File Integrity Monitoring Market Share Insights

Key competitors include AlienVault, Inc.; LogRhythm, Inc.; McAfee, LLC; Paessler AG; Qualys, Inc.; SolarWinds Worldwide, LLC; Trend Micro Incorporated; Tripwire, Inc.; and Trustwave Holdings, Inc.

Trend Micro, Inc. recently introduced a security platform, Deep Security 9.6. It provides multiple security controls that can be managed from a single platform. It also integrates with cloud platforms to extend security solutions to cloud-based workloads.

Report Scope

Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For this study, Grand View Research has segmented the global file integrity monitoring market report based on installation, deployment, organization, end-use, and region.

• Installation Outlook (Revenue, USD Million, 2014 - 2025)

  • Agent-based

  • Agent-less

• Deployment Outlook (Revenue, USD Million, 2014 - 2025)

  • Cloud

  • On-premise

• Organization Outlook (Revenue, USD Million, 2014 - 2025)

  • SMEs

  • Large Enterprises

• End-use Outlook (Revenue, USD Million, 2014 - 2025)

  • BFSI

  • Government

  • Healthcare

  • Education

  • IT & Telecom

  • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)

  • North America

    • The U.S.

    • Canada

  • Europe

    • Germany

    • U.K.

  • Asia Pacific

    • China

    • India

    • Japan

  • Latin America

    • Brazil

    • Mexico

  • Middle East & Africa