According to a new report Global Advanced Persistent Threat (APT) Protection Market, published by KBV research, The Global Advanced Persistent Threat (APT) Protection Market size is expected to reach $15.1 billion by 2026, rising at a market growth of 19.9% CAGR during the forecast period.
Among the deployment segments, the cloud segment is anticipated to record the highest revenue share in the global advanced persistent threat protection market. Over the past decade, the ATP protection market has evolved from traditional unsophisticated malware outbreaks to advance and zero-day attacks. Additionally, ATP solutions such as SIEM, forensic analysis, and next-generation firewalls have been gaining traction in the last five years.
On the basis of organization size, the large enterprise segment led the marketplace in the year 2019. These organizations capitalize heavily on advanced technologies for growing overall efficiency and productivity. SMEs are adopting advanced persistent threat protection solutions to manage their enterprise information. Despite the rising importance of SMEs in this region, these are the most affected commonly by cyber and malware attacks due to resource shortages and budgetary constraints.
These protection solutions are largely used in financial and government institutions. Due to reasons such as data protection and cybersecurity, demand for this protection system is seeing rapid growth in the market. The government segment is likely to have the highest growth in the world-wide ATP protection market. This is due to the increased demand to secure sensitive data in this sector. As the threat landscape is quickly evolving, the ATP protection market is gaining a strong grip in the cyber world.
North America is likely to hold the leading market share during the forecast period, owing to well-established and sustainable economies, which further empowers on capitalizing significantly in Research and Development (R&D) actions, thus contributing to the growth of new technologies in the Advanced persistent threat protection market. The presence of a majority of main players in the APT protection market is probable to be the major factor that drives the growth of the market in this region. Asia Pacific is showcases promising growth during the forecast period.
Structural Insights: https://www.kbvresearch.com/advanced-persistent-threat-protection-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Microsoft Corporation, Cisco Systems, Inc.Palo Alto Networks, Inc., Fortinet, Inc., Dell Technologies, Inc. (VMware, Inc.), FireEye, Inc., Trend Micro, Inc., ESET, spol. s.r.o., McAfee, LLC and Sophos Group PLC (Thoma Bravo).
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