Global Ransomware Protection Industry

April 2021
398 pages
ID: 6032731
Format: PDF
Global Industry Analysts

Summary

Table of Contents

MARKET IMPACT SURVEY - COVID-19 & LOOMING RECESSION

Timely market intelligence is paramount in these uncertain times!

We launched an impact survey to update this project with timely insights during 2020. Update frequency will depend upon evolving market conditions and executive opinions. Our participants are executives driving strategy, marketing, sales and product management at competitive companies worldwide. All updates during the rest of the year are complimentary to clients!

Abstract:
- Global Ransomware Protection Market to Reach $39 Billion by 2027
- Amid the COVID-19 crisis, the global market for Ransomware Protection estimated at US$14.5 Billion in the year 2020, is projected to reach a revised size of US$39 Billion by 2027, growing at a CAGR of 15.2% over the analysis period 2020-2027. Secure Web Gateways, one of the segments analyzed in the report, is projected to record a 16.2% CAGR and reach US$10.2 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Standalone Anti-Ransomware Software segment is readjusted to a revised 14.8% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3.9 Billion, While China is Forecast to Grow at 19.6% CAGR
- The Ransomware Protection market in the U.S. is estimated at US$3.9 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$9 Billion by the year 2027 trailing a CAGR of 19.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.8% and 13.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.
- Application Control Segment to Record 14.1% CAGR
- In the global Application Control segment, USA, Canada, Japan, China and Europe will drive the 13.3% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$1.9 Billion in the year 2020 will reach a projected size of US$4.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2027, while Latin America will expand at a 15.8% CAGR through the analysis period.

- Select Competitors (Total 35 Featured) -

AO Kaspersky Lab
Bitdefender
Broadcom Inc. (Symantec Corporation)
FireEye, Inc.
Malwarebytes
McAfee, LLC
SentinelOne
Sophos Ltd.
Trend Micro Incorporated
Zscaler, Inc.

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