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Ransomware Protection Global Market Worth $39.64 Billion at a CAGR of 16.9% By 2027 | Key Players: Microsoft Corporation, Intel Corporation, Cisco System Inc., Broadcom Inc., McAfee LLC
Ransomware Protection Market
The Business Research Company's Ransomware Protection Global Market Report 2023 identifies the Rising phishing attacks are expected to propel the growth of the ransomware protection market going forward. Phishing is a social engineering attack frequently used to acquire user information, such as login credentials and credit card details.
The global ransomware protection market is expected to grow from $17.88 billion in 2022 to $21.19 billion in 2023 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The ransomware protection market is expected to reach $39.64 billion in 2027 at a CAGR of 16.9%.
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Major players in the ransomware protection market are Microsoft Corporation, Intel Corporation, International Business Machines (IBM) Corporation, Cisco System Inc., Broadcom Inc., Palo Alto Networks Inc., Fortinet Inc., Gen Digital Inc., Check Point Software Technologies, McAfee LLC, Trend Micro Inc., CrowdStrike Holdings Inc., Zscaler Inc., FireEye Inc., Avast Antivirus, Kaspersky Lab, Proofpoint Inc., CyberArk Software Ltd., ESET s.r.o., Ivanti, Barracuda Networks Inc., Bitdefender SRL, Acronis International GmbH, SonicWall, Webroot Inc., SentinelOne Inc., Malwarebytes Inc., F-Secure Corporation, and Cybereason.
Technological advancements are a key trend gaining popularity in the ransomware protection market. Major companies operating in the ransomware protection market are developing innovative technologies to sustain their position in the market.
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The Ransomware Protection Market Is Segmented -
• By Component: Solution, Services
• By Deployment: Cloud, On-premise
• By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
• By Application: Endpoint Protection, Network Protection, Database Protection, Web Protection, Email Protection
• By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Government And Defense, Retail, Education, Healthcare And Lifesciences, Other Industry Verticals
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Ransomware Protection market.
The Business Research Company's "Global Ransomware Protection Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Ransomware Protection Market Include:
1. Executive Summary
2. Ransomware Protection Market Characteristics
3. Ransomware Protection Market Trends And Strategies
4. Ransomware Protection Market - Macro Economic Scenario
5. Ransomware Protection Market Size And Growth
.....
26. Africa Ransomware Protection Market
27. Ransomware Protection Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Ransomware Protection Market
29. Ransomware Protection Market Future Outlook and Potential Analysis
30. Appendix
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