Ransom ware Protection Market Share & Growth | Forecast 2031

Ransom ware Protection Market Share & Growth | Forecast 2031

Segments - Ransom ware Protection Market by Deployment (On-cloud and On-premises), Application (E-Mail Protection, Network Security, End Point Protection, and Others), Regions (Asia Pacific, Europe, North America, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Author : Raksha Sharma
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Fact-checked by : Vineet Pandey
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Editor : Shruti Bhat

Upcoming | Report ID :ICT-SE-2892 | 4.8 Rating | 72 Reviews | 225 Pages | Format : PDF Excel PPT

Report Description


Ransom ware Protection Market Outlook 2031

The global ransom ware protection market size was valued at USD 20.28 Billion in 2022 and is estimated to reach USD 83.96 Billion by 2031, expanding at a CAGR of 17.1% during the forecast period, 2023-2031. The growth of market is attributed due to increased awareness about the cyber attackers and breaches, emergence of crypto currency, and extensive use of laptop and desktop by the world population because of COVID outbreak.

Introduction of crypto currencies such as bit-coins, doge-coins, and etherium has extensively increased the demand for ransom ware protection because of its untraceable in nature most of the transactions are demanded in the form of crypto. Nowadays many companies have adapted the cloud services which make them more vulnerable and offer an opportunity for the cyber attackers.

 Ransom ware Protection Market Outlook

  • Increasing emergence of crypto currencies is expected to boost the market in the coming years.
  • Growing cyber attackers and crimes is estimated to drive the market during the forecast period.
  • Increasing awareness about the vulnerability of data stored in cloud by the companies is one of the factors that drive the market in the coming years.
  • Increasing use of crypto currency as a mode of transaction is expected to boost the market.
  • Lack of skilled professionals to solve the cloud related problems and availability of alternatives act as one of the major factor that can hinder the market during the forecast period.
  • Organization demand for multi layered security solution is expected to create a lucrative opportunities for the key players in the market.
  • R&D investment and technological advancement in data backup and data recovery solution is anticipated to offer significant opportunities for the market players.

Scope of Ransom ware Protection Market Report

The report on the ransom ware protection market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Ransom ware Protection Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Deployment (On-cloud and On-premises), Application (E-mail Protection, Network Security, End Point Protection, and Others)

Regional Scope

Asia Pacific, Europe, North America, Latin America, Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

McAfee LLC; FireEye Inc.; Malwarebytes; Bitdefender; AO Kaspersky lab.

Ransom ware Protection Market Segment Insights

Deployment Segment Analysis

On the basis of deployment, the market is bifurcated into on-cloud and on-premises. The on-cloud segment is anticipated to exhibit a high CAGR during the forecast period due to COVID-19 outbreak led to extensive usage of cloud-based solutions IoT devices, and multilayered defensive storage method. On the other hand on-premises segment is expected to grow at a robust rate due to increasing privacy issues. 

 Ransom ware Protection Market Deployment

Application Segment Analysis

Based on application, the market is fragmented into e-mail protection, network security, end point protection, and others. The end point protection is estimated to account key share of the market in the coming years owing to increasing number of cyber-crime/attackers and vulnerability of data available of the company in the cloud storage.

On the other hand network security segment is estimated to grow at a rapid rate due to rising awareness to protect the confidentiality, accessibility, and integrity of the data using computer network.

Regional Outlook

In the term of regions, the market is fragmented into Asia Pacific, Europe, North America, Latin America, and Middle East & Africa. North America is expected to dominate the market during the forecast period due to increasing number of cyber-attacks and hackers and intension to extract huge ransom from the businesses.

Asia Pacific market is expected to grow at a significant pace owing to one of the rapid growing market owing to attackers is aiming small scale enterprises through masquerading them.

 Ransom ware Protection Market Region

Segments

The ransom ware protection market has been differentiated on the basis of

Deployment

  • On-cloud
  • On-premises

Applications

  • E-mail Protection
  • Network Security
  • End Point Protection
  • Others

Regions

  • Asia Pacific            
  • Europe
  • North America
  • Latin America
  • Middle East & Africa

Key Players

Competitive Landscape

Key players competing in the ransom ware protection market include McAfee LLC; FireEye Inc; Malwarebytes; Bitdefender; AO Kaspersky lab.

Some of these players are targeting on business strategies such as mergers, acquisitions, partnerships, collaborations, capacity expansion, and product launches to increase their market shares.

  • In February 2021, AO Kaspersky lab launches its safer tomorrow platform with an intension to respond the queries of the population powered by neutral network and developed by branch of global advertising agency BBDO.

  • In December 2020, FireEye,Inc announces USD 400 million strategic investment by blackstone tacticals. Black stone joined hands with clear sky a security focused firm as a co-investor in the investment.

 Ransom ware Protection Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ransom ware Protection Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Ransom ware Protection Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Ransom ware Protection Market - Supply Chain
  4.5. Global Ransom ware Protection Market Forecast
     4.5.1. Ransom ware Protection Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Ransom ware Protection Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Ransom ware Protection Market Absolute $ Opportunity
5. Global Ransom ware Protection Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Ransom ware Protection Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Ransom ware Protection Demand Share Forecast, 2019-2026
6. North America Ransom ware Protection Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Ransom ware Protection Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Ransom ware Protection Demand Share Forecast, 2019-2026
7. Latin America Ransom ware Protection Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Ransom ware Protection Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Ransom ware Protection Demand Share Forecast, 2019-2026
8. Europe Ransom ware Protection Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Ransom ware Protection Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Ransom ware Protection Demand Share Forecast, 2019-2026
9. Asia Pacific Ransom ware Protection Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Ransom ware Protection Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Ransom ware Protection Demand Share Forecast, 2019-2026
10. Middle East & Africa Ransom ware Protection Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Ransom ware Protection Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Ransom ware Protection Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Ransom ware Protection Market: Market Share Analysis
  11.2. Ransom ware Protection Distributors and Customers
  11.3. Ransom ware Protection Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)

Methodology

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