Press release
Advanced Persistent Threat Market Size,Top Key Players, Latest Trends, Regional Insights, And Global Industry Dynamics By 2030
According to a new report published by Allied Market Research, titled, "Advanced Persistent Threat Market, by Deployment Mode (Cloud, On-Premise), by Services (Managed Services, Professional Services), by Solutions (Security Information and Event Management (SIEM), Endpoint Protection, Intrusion Detection System/ Intrusion Prevention System (IDS/ IPS), Sandboxing, Next-Generation Firewall (NGFW), Forensic Analysis, Other): Global Opportunity Analysis and Industry Forecast, 2021-2030."The advanced persistent threat market was valued at $5.9 billion in 2021, and is estimated to reach $30.9 billion by 2030, growing at a CAGR of 20.5% from 2022 to 2030.
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An Advanced Persistent Threat (APT) is a network attack in which cybercriminals enter a computer or network and use it (its system) to conduct undetected operations. APT attacks are mostly directed at companies that handle highly secret data, such as governmental and financial institutions.
Since APT do not appear to be malware at first glance and can infiltrate themselves quite deeply in an administration's IT systems, and are particularly difficult to identify and remove. The APT's developers and designers are continuously keeping an eye on it and directing its actions by updating their code to evade detection and morph it into a changing set of characteristics. Moreover, a penetrated company won't even be aware of it; they might not learn about it until much later through log analysis monitoring with Security Information and Event Management (SIEM) solutions or by outbound communication activities.
Cyber threats are not only affecting the productivity of businesses but also harming essential IT infrastructure and sensitive data of firms. There is a surge in the frequency of cybercrimes because of the quick growth of digital transactions across all industrial verticals. The market for cyber security goods and services is being driven by the rise in enterprise data breaches or data leaks. This increase is attributable to technologies such as Machine Learning (ML), which enable attackers to produce several variants of harmful code every day. Malware bytes also notes that state-sponsored APT organizations and online criminals have switched to using COVID-19 lures. Attacks include lure documents with links to malicious Microsoft Office templates, malicious macros, RTF exploits using OLEI-related vulnerabilities, and malicious LNK files.
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Competitive Analysis:
The competitive environment of Advanced Persistent Threat Industry is further examined in the report. It includes details about the key players in the market's strengths, product portfolio, Advanced Persistent Threat Market share and size analysis, operational results, and market positioning. It comprises the actions taken by the players to grow and expand their presence through agreements and entering new business sectors. Mergers and acquisitions, joint ventures, and product launches are some of the other techniques used by players.
Key Players:
Cisco Systems, Inc.
AO Kaspersky Lab.
ESET spol. S r.o.
Sophos Ltd.
Forcepoint
VMware, Inc
Microsoft
Palo Alto Networks
McAfee, LLC
F-Secure and Many More
By region, the North America market registered the highest market share in 2021 and Asia-Pacific is projected to show the fastest growth during the forecast period.
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Advanced persistent threats are diverse in nature, long-lasting, and highly targeted. Due to the emergence of several new zero day threats, the security needs are also changing as a result of changes in the business environment. Businesses are at danger due to this lack of knowledge about advanced security risks, which is also slowing the demand for advanced persistent threat prevention. Enterprises generally lack a lot of understanding regarding APTs and effective defense strategies.
The proliferation of cloud-based APT protection solutions and services, as well as the rising incidence of security breaches and sophisticated cyber-attacks such as ransomware, malware, and zero-day exploits, are the key factors projected to drive revenue growth of the global advanced persistent threat protection market during the forecast period. In addition, another important factor is the strict government regulations governing the adoption of APT protection policies, which is expected to fuel revenue growth of the market in the forecast timeframe.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports Insights" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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