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Ransomware Protection Market by Solution, Service, Application, Deployment, Organization Size, Vertical, Region - Global Forecast to 2021

Ransomware Protection Market: Global Forecast until 2021

  • January 2017
  • 181 pages
  • ID: 4604333
In this report:
The IDS/IPS segment by region is expected to grow from USD ##.## million in 2016 to USD ##.## million by 2021, at a CAGR of ##.##%, as the organizations are losing millions due to poor network security.
The MEA region is expected to grow at the highest CAGR of ##.##% from 2016 to 2021; as there is a lack of security expertise, the market is likely to witness huge growth in training and education, during the forecast period.

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"The increase in phishing attacks and security breaches will drive the ransomware protection market"

The ransomware protection market size is forecasted to grow from ~$8.2B in 2016 to ~$17.4B by 2021, at a Compound Annual Rise rate of 16.30 percent during the forecast period. The ransomware protection market is influenced by Elements such as growth in phishing attacks and security breaches, and emergence of Ransomware-as-a-Service model. Because, the availability of free anti-ransomware tools, may limit the increase of the ransomware protection market.

"Secure web gateway solution is envisaged to have the largest part of market share, during the outlook period"

Secure web gateway solution is forecasted to contribute the biggest market share in the ransomware protection market, during the estimate period. As web and internet access to employees is business critical and cannot be avoided, firms have been encouraging the application of secure web gateways for real time protection against dynamic malwares including ransomware and enforcement of strong company policies.

"Managed services segment is anticipated to increase at the maximal compound annual growth rate (CAGR) during projection period"

Both SMEs and big enterprises are quickly increasing their partnership networks to deploy the ransomware protection solutions across the world. Therefore, the managed services segment is anticipated to rise at the highest CAGR (Compound annual growth rate) during the outlook period. Nevertheless, professional services segment is planned to have the biggest sector size in 2016.

"Asia Pacific (APAC) is intended to have the maximum growth rate during the estimate period"

Asia-Pac is anticipated to grow at the highest compound annual growth rate (CAGR) during the outlook period. This is primarily due to the high secuitry spending by companies in main countries including China, Australia (AU), India (IN), Singapore (SG), and Japan (JP), for ransomware protection. Additionally, North America continent is forecasted to have the biggest industry size in 2016, as they are the early adopters of the security technologies.

Comprehensive interviews were managed with CEOs, marketing directors, innovative products & technology directors, and executives from numerous main institutions operating in the ransomware protection market.

- By Company Type: Tier 1: 55.0 percent, Tier 2: 20.0 percent, Tier 3: 25.0 percent

- By Designation: C-Level: 60.0 percent, Director Level: 25.0 percent, Others: 15.0 percent

- By area: North america (NA): 10.0 percent, Europe: 20.0 percent, APAC: 40.0 percent, RoW: 30.0 percent

The market research includes the study of top players offering ransomware protection solutions such Intel Security, Symantec Corporation, Trend Micro, FireEye, Sophos, Bitdefender, Kaspersky Lab, Malwarebytes, Zscaler, SentinelOne, and others.

Segment Research

The industry report offers a picture on ransomware protection solutions and associated services across several verticals and territories. It aims at evaluating the market value and upcoming growth potential of this market, across distinct segments including solution, services, application, deployment mode, organization size, verticals, and localities. Moreover, the study also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, SWOT study, recent evolutions, and key industries strategies.

Main highlights

The analysis will facilitate the market top players/new sector entrants in this sector with data on closest approximations of the revenue numbers for the global ransomware protection market and the sub-segments. This industry report will facilitate partners distinguish the competitor overview and obtain additional insights to better option their businesses, and to plan suitable go-to-market approaches. The market research also benefits partners comprehend the pulse of the sector and offers them with info on main market drivers, market restraints, opportunities, and alternatives, in the ransomware protection market.

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