Press release
Advanced Persistent Threat Protection Market Poised to Hit $23.89 Billion by 2029 with Accelerating Growth Trends
Advanced Persistent Threat Protection
Advanced Persistent Threat Protection Market Size Growth Forecast: What to Expect by 2025?
The market size of advanced persistent threat protection has seen substantial growth lately. It's projected to soar from $9.21 billion in 2024 to $11.27 billion by 2025, observing a compound annual growth rate (CAGR) of 22.3%. The surge during the historic period is owing to prominent cyber assaults, enhanced connectivity and digital transition, and the escalating interconnectedness of worldwide networks.
How Will the Advanced Persistent Threat Protection Market Size Evolve and Grow by 2029?
The market for advanced persistent threat protection is predicted to experience substantial expansion in the near future, with estimations suggesting it will reach a value of $23.89 billion by 2029, growing at a compound annual growth rate (CAGR) of 20.7%. Key driving factors for growth in the projected period include the rising prevalence of hybrid workplaces, increased ransomware and extortion attacks, and heightened cooperation and threat sharing. The forthcoming period is also set to see significant trends including the integration of AI and machine learning, the adoption of zero trust architecture, the enhanced sharing of threat intelligence, the advent of cloud-native apt protection, and the incorporation of devOps.
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What Drivers Are Propelling the Growth of Advanced Persistent Threat Protection Market Forward?
The upward trajectory in the sophistication of cyber threats is predicted to stimulate the expansion of the advanced persistent threat protection market in the future. Cyber threats translate into potential hazards or harmful activities which take advantage of vulnerabilities in computer systems, networks, software, or data. Technological progression, superior connectivity, the growth of cybercrime into a professional field, and a deficiency in awareness are collectively contributing to the surge in cyber threats. Advanced persistent threat (APT) protection represents a complete strategy employed to shield against intricate and enduring cyber attacks that are marshalled by highly competent threat actors often possessing substantial resources. This is aimed at efficiently detecting, precluding, and responding to complex cyber threats. For example, in November 2022, as per the Australian Cyber Security Centre, an Australia-based cyber security agency, the reports of cybercrime noted in 2022 reached 76,000, marking a rise of 13% from 2021. Consequently, the escalating sophistication of cyber threats is spurring the growth of the advanced persistent threat protection market.
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Which Emerging Trends Are Transforming the Advanced Persistent Threat Protection Market in 2025?
Leading companies in the advanced persistent threat protection market, like Jamf, are focusing on innovative solutions such as executive threat protection to tackle the growing trend of mobile device usage in the workplace. The Jamf executive threat protection offers a sophisticated solution for advanced detection and response, aimed to neutralize intricate mobile attacks. It provides businesses with an in-depth view of their mobile fleet, identifies red flags, automatically traces suspicious activities, and effectively responds to advanced persistent threats. For instance, in April 2023, US software firm, Jamf, rolled out Jamf, a new program designed to combat advanced mobile threats. This sophisticated solution uniquely combines advanced detection, response techniques, and a deeper level of protection from mobile attacks. Moreover, it surpasses traditional endpoint security and device management by providing wider visibility into attacks targeting high-value users like government authorities, journalists, and senior employees.
What Are the Key Segments in the Advanced Persistent Threat Protection Market?
The advanced persistent threat protectionmarket covered in this report is segmented -
1) By Software: Security Information And Event Management (SIEM), Endpoint Protection, Intrusion Detection System Or Intrusion Prevention System (IDS Or IPS), Next-Generation Firewall (NGFW), Threat Intelligence Platform, Others Software
2) By Services: Professional Services, Managed Services
3) By Deployment: Cloud, On-Premise
4) By Enterprise: Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Vertical: Banking, Financial Services, And Insurance., Information Technology And Telecommunications, Retail And E-commerce, Healthcare And Life Sciences, Manufacturing, Energy And Utilities, Government And Defense, Others Verticals
Subsegments:
1) By Security Information And Event Management (SIEM): Log Management, Event Correlation, Incident Detection And Response, Compliance Management
2) By Endpoint Protection: Antivirus Or Antimalware, Endpoint Detection And Response (EDR), Mobile Device Management (MDM), Data Loss Prevention (DLP)
3) By Intrusion Detection System Or Intrusion Prevention System (IDS Or IPS): Network IDS Or IPS, Host-Based IDS Or IPS, Cloud-based IDS Or IPS
4) By Next-Generation Firewall (NGFW): Application Control, URL Filtering, Advanced Threat Protection
5) By Identity And Access Management: Sandboxing, Threat Intelligence Platform, Open-Source Threat Intelligence, Commercial Threat Intelligence, Automated Threat Intelligence Feeds
6) By Others Software: Security Orchestration, Automation, And Response (SOAR), Network Traffic Analysis (NTA), Security Analytics, Email Security Solutions, Cloud Security Solutions
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Who Are the Key Players Shaping the Advanced Persistent Threat Protection Market's Competitive Landscape?
Major companies operating in the advanced persistent threat protection market are Cisco Systems Inc., Palo Alto Networks, Fortinet Inc., CrowdStrike Inc., Trend Micro Inc., Kaspersky Lab, Sophos Ltd., FireEye Inc., Rapid7 Inc., Proofpoint Inc., McAfee LLC, Bitdefender, Cybereason Inc., LogRhythm Inc., Trustwave Holdings Inc., BitSight Technologies, Exabeam Inc., Symantec Corporation, F-Secure Corporation, WatchGuard Technologies Inc., SentinelOne Inc., Anomali Inc., Securonix Inc., Digital Guardian, Cylance Inc., Check Point Software Technologies Ltd.
What Geographic Markets Are Powering Growth in the Advanced Persistent Threat Protection Market?
North America was the largest region in the advanced persistent threat protection market in 2024. The regions covered in the advanced persistent threat protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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