Unlocking Opportunities in the Ransomware Protection Market: 2025-2034 Forecast Report

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Will the Ransomware Protection Industry Market Size Be by 2025?
The market for ransomware protection has expanded swiftly over the last few years. The market value is projected to increase from $24.54 billion in 2024 to $28.69 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 16.9%. The remarkable growth during the past era can be ascribed to factors like improved internet connectivity, surge in online transactions, increased use of digital gadgets, mounting cyber security threats and appearance of ransomware strikes.

What's the Long-Term Growth Forecast for the Ransomware Protection Market Size Through 2029?
The market size of ransomware protection is predicted to undergo swift expansion in the forthcoming years, reaching a value of $54.82 billion in 2029 with a 17.6% compound annual growth rate (CAGR). Factors contributing to this growth during the forecast period include advancing ransomware attack techniques, rising use of cloud services, increasing cognizance of cybersecurity risks, data protection regulations, and the enlargement of remote work setup. Key trends for this projected period encompass the inclusion of artificial intelligence in ransomware protection, security solutions based on blockchain, the creation of automated responses to incidents, growing need for threat intelligence exchange platforms, and emphasis on user instruction and consciousness.

View the full report here:
https://www.thebusinessresearchcompany.com/report/ransomware-protection-global-market-report

What Are the Key Growth Drivers Fueling the Ransomware Protection Market Expansion?
The ransomware protection market is anticipated to surge due to increased phishing attacks. Phishing, a commonly used social engineering attack, seeks to acquire user information like login credentials and credit card details. This advancement, ransomware protection, helps to counteract these phishing attacks by identifying potential threats and blocking malicious emails, training users to recognize signs of phishing attempts, and preventing ransomware infections from encrypting data and systems. As an example, the US-based consortium Anti-Phishing Working Group, which is committed to eradicating fraud and identity theft due to phishing and related incidences, reported a total of 1,025,968 phishing attacks in June 2022 for the first quarter of 2022. This is a 15% increase compared to the 888,585 attacks recorded in the last quarter of 2021. Hence, the escalation in phishing attacks is fuelling the development of the ransomware protection market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=12729&type=smp

What Are the Key Trends Driving Ransomware Protection Market Growth?
The rise in technological developments is an emerging trend in the ransomware protection market. To remain competitive, key players in this market are coming up with innovative solutions. For instance, Thales Group, an IT company based in France, introduced the CipherTrust Transparent Encryption Ransomware Protection (CTE-RWP) platform in April 2023. This system helps defend against ransomware attacks by monitoring the file system and detecting, marking, or halting illegal encryption and data leakage. The CTE-RWP offers features like setting up trusted lists for essential applications and establishing guard points to spot or halt processes that try to encrypt or swipe data. In addition, it provides real-time behavioral analysis for user system software and operations, ensuring customers can safely and conveniently access and use their data.

How Is the Ransomware Protection Market Segmented?
The ransomware protection market covered in this report is segmented -

1) By Component: Solution, Services
2) By Deployment: Cloud, On-premise
3) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Application: Endpoint Protection, Network Protection, Database Protection, Web Protection, Email Protection
5) 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

Subsegments:
1) By Solution: Endpoint Protection, Network Security, Data Backup And Recovery Solutions, Threat Intelligence Platforms, Incident Response Solutions
2) By Services: Consulting Services, Managed Security Services, Training And Awareness Programs, Incident Response Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=12729&type=smp

Which Companies Are Leading the Charge in Ransomware Protection Market Innovation?
Major companies operating in the ransomware protection market include Microsoft Corporation, Intel Corporation, International Business Machines (IBM) Corporation, Cisco System Inc., Broadcom Inc., Palo Alto Networks Inc., W314Fortinet 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, Cybereason

Which Regions Are Leading the Global Ransomware Protection Market in Revenue?
North America was the largest region in the ransomware protection market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the ransomware protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=12729

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.