Originally posted on January 11, 2019 @ 10:14 am
Global Ransomware Protection Market is expected to reach USD 23.03 Billion by 2024 from USD 8.10 Billion in 2016 at a CAGR of 16.1 % (Detailed analysis of the market CAGR is provided in the report).
Global Ransomware Protection Market based on solution is segmented into standalone anti-ransomware software, application control, secure web gateways, IDS/IPS, threat intelligence, web filtering and others. Secure web gateways solution is expected to be major contributor for the market growth during the forecast period. It provides protection to the computers against user-initiated web traffic and applies strong company policies. The Global Ransomware Protection Market based on service is classified into professional services, training and education, consulting, support and maintenance and managed services.
Managed services segment is expected to hold largest shares of the market during the forecast period. this is due to the increasing demand from SMEs for improved cybersecurity operations, within the organization. Geographically, the Global Ransomware Protection Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America is expected to be largest market for ransomware protection during the forecast period. This is due to the U.S. is vastly targeted by hackers via ransomware attacks to extort large ransom.
The Scope of the Report:
The research report segments the global Ransomware Protection market based on solution, service, application, deployment mode, organization size, vertical, and geography
Global Ransomware Protection Market, By Solution:
• Standalone anti-ransomware software • Application control • Secure web gateways • IDS/IPS • Threat intelligence • Web filtering • Others
Global Ransomware Protection Market, By Service:
• Professional Services • Training and Education • Consulting • Support and Maintenance • Managed Services
Global Ransomware Protection Market, By Application:
• Network protection • Email protection • Endpoint protection • Web protection • Database protection
Global Ransomware Protection Market, By Deployment Mode:
• Cloud • On-Premise
Global Ransomware Protection Market, By Organization Size:
• Large Enterprises • SMEs
Global Ransomware Protection Market, By Vertical:
• Government & Defense • IT & Telecom • BFSI • Education • Healthcare • Retail • Energy & Utilities • Others
Global Ransomware Protection Market, By Geography:
• North America • Europe • Asia Pacific • Middle East & Africa • Latin America
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