Press release
Ransomware Protection Market to Surpass US$ 33 Bn by end 2025
Global Ransomware Protection Market Research Report Overview @ https://www.persistencemarketresearch.com/market-research/ransomware-protection-market.asp
Global Ransomware Protection Market: Segmentation & Forecast
The global ransomware protection market is segmented on the basis of Component into Solution (End Point Security Solution, Network Security Solution) and Service (Consulting Service, Support and Management Services); on the basis of End User into Commercial and Residential; on the basis of Deployment into Cloud and On-Premise; and on the basis of Region into North America, Latin America, Europe, APAC, and MEA.
By Component, the Solution segment is anticipated to reach a market value in excess of US$ 26 Bn by the end of 2025, registering a CAGR of 16.0% during the forecast period. This segment will represent incremental opportunity of US$ 18,549.9 Mn between 2017 and 2025
By End User, the Commercial segment is expected to be the most attractive segment and is estimated to increase 3.4x between 2017 & 2025, reaching a market value of more than US$ 25 Bn by the end of 2025
In the Deployment category, the Cloud segment is estimated to register a CAGR of 17.7 % from 2017–2025 and be valued at about US$ 13.5 Bn by the end of the forecast period in 2025
Among the assessed Regions, North America is expected to register steady increase in Y-o-Y growth rates throughout the forecast period. The North America ransomware protection market is estimated to be valued at about US$ 4 Bn by the end of 2017 and this is expected to increase to about US$ 11.3 Bn by the end of 2025, witnessing a CAGR of 13.9%
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Global Ransomware Protection Market: Competition Dashboard
Persistence Market Research has profiled the most prominent companies active in the global ransomware protection market. Companies featured in the report include Bitdefender, Check Point Software Technologies, Alien Vault, Barracuda Networks, Webroot, Zemana, Palo Alto Networks, Cisco System, Avast Software, McAfee, Malwarebytes, Kaspersky Lab, Symantec Corporation, Trend Micro Incorporated, Sophos, and Microsoft Corporation.
Key Insights to be Gleaned from the Ransomware Protection Market
Ransomware is a menace that needs to be tackled with a truly proactive, global approach. Latin America and Europe seem to be taking the lead in this and key players in the ransomware protection market should target countries such as the U.K, Brazil, Mexico, and the Netherlands as the growth rates are quite high there. In addition to private players, even the governments of these countries have become well-aware of the threat ransomware poses and they have made it a priority to develop advanced techniques to keep this pressing challenge at bay. Solution providers must enhance their product offerings as hackers are always trying to breach existing defenses, making constant vigilance the best option in the ransomware protection market.
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About Us
Persistence Market Research (PMR) is a U.S.-based full-service market intelligence firm specializing in syndicated re-search, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Con-sumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
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