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Global Ransomware Protection Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions | Microsoft Corporation, Intel Corporation, International Business Machines (IBM) Corporation
Global Ransomware Protection Market Forecast 2023-2032
The Business Research Company's Ransomware Protection Global Market Report 2023 identifies rising phishing attacks as the major driver for the Ransomware Protection market's growth in the forecast period. Phishing is a social engineering attack frequently used to acquire user information, such as login credentials and credit card details. Ransomware protection helps prevent phishing attacks by detecting and blocking malicious emails, educating users to identify phishing attempts, and stopping ransomware infections before they can encrypt data and systems.
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 competitors in the Ransomware Protection market are Microsoft Corporation, Intel Corporation, International Business Machines (IBM) Corporation, Cisco System Inc., Broadcom Inc.
A key trend in the Ransomware Protection market includes technological advancement. 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. Global Ransomware Protection Market Size and Growth
……
32. Global Ransomware Protection Market Competitive Benchmarking
33. Global Ransomware Protection Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ransomware Protection Market
35. Ransomware Protection Market Future Outlook and Potential Analysis
36. Appendix
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