Press release
Global Ransomware Protection Market Growth Scenario and Market Perspective with Study Of Top Players & Revenue To Significant Growth Forecasts By 2023
Ransomware is a predominant cyber threat that installs on the victim’s computer either encrypting the files or locking the entire system, until a ransom is paid. The organizations have increased investments in securing the data, network, and endpoints from crypto-malwares such as ransomware and other advanced cyber threats.The ransomware protection market size is expected to grow from USD 10 Billion in 2018 to USD 22 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of +20%.
Ransomware protection solutions have been deployed across various industry verticals, including government and defense, BFSI, healthcare, education, and others. The healthcare vertical is expected to witness the highest CAGR during the forecast period, as the cybercriminals are targeting valuable electronic patient health information, which has huge demand in the black market. However, BFSI vertical is estimated to have the largest market size in 2016, which is fueled by the advent of crypto-currencies such as Bitcoins.
Companies Profiled In This Report:
Intel Security(US), Symantec Corporation(US), Trend Micro(Japan), FireEye(US), Sophos(UK), Bitdefender(Romania), Kaspersky Lab(Russia), Malwarebytes(US), Zscaler(US), SentinelOne(US)
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By Regions, this report covers North America, China, Europe, Southeast Asia, Japan, India
Threat intelligence solution is expected to grow the fastest in the ransomware protection market.Threat intelligence solution is expected to grow at the highest CAGR in the ransomware protection market, during the forecast period. Organizations are increasingly adopting threat intelligence solutions to combat ransomware and other advanced cyber threats, as these solution provide effective and reliable threat detection to alleviate cyber threats based on security events and security intelligence feeds to manage business risks. Furthermore, security web gateways solution is expected to have the largest market share in the ransomware protection market, during the forecast period.Email protection segment is expected to gain high traction in the ransomware protection market
The email protection segment is estimated to grow at the highest CAGR from 2018-2023. The emails are number one source of ransomware distribution and cybercriminals target victims with emails having malicious attachments. Hence, email protection is of utmost importance due to the rise in instances of Business Email Compromise (BEC) scams, globally. The network protection segment is estimated to contribute the largest market size to the ransomware protection market, due to rise in the number of security breaches targeting enterprise networks.
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In the last sections of the report, the manufacturers responsible for increasing the sales in the market have been presented. These manufacturers have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the technology and product type introduced by each of these manufacturers also form a key part of this section of the report. The recent developments that took place in the Global Ransomware Protection Market and their impact on the future growth of the market have also been presented through this study.
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Table of Contents:
Global Ransomware Protection Market Research Report 2017
Chapter 1: Global Ransomware Protection Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global Ransomware Protection Market Forecast
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We at IT Intelligence Markets conduct intensive market research and generate detailed reports about the products and services offered in the IT domain. Our team is devoted to providing custom reports that are taylor-made to suit the customer’s requirements. We make sure to keep our customers updated with the latest market dynamics as IT industry is undergoing sea change intrinsically & extrinsically by forces such as regulatory fluctuations, rapidly evolving consumer preferences, and newer technologies. Not only do our market research analysts scrutinize market requirements but also track competitors relentlessly for obtaining the most updated scenario of the market.
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