Ransomware Protection Market – Overview

The emergence of ransomware attacks as one of the most prominent cyber security threats is anticipated to increase the demand for protection from such attacks. Market reports connected to the information and communication technology industry have been offered by Market Research Future which makes reports on other industry verticals that aims to study the current market scenarios better.

The increasing storage of sensitive and critical data on computer and networks has increased attacks by hackers, which has reiterated the demand for ransomware protection. The escalated levels of investment by companies for installing ransomware protection softwares have increased the market’s growth significantly. Moreover, the escalating level of developments in threat intelligence is expected to bolster market growth for the ransomware protection market in the forecast period.

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Ransomware Protection Market Competitive Analysis

The perceived tendency for the market’s growth has increased following the availability of positive factors in the market. The competitive outlook for the market is expected to diversify significantly in the coming period. The market challengers find themselves in a promising position with the capacity to handle the pace of change. The developments in the market are expected to be fuelled by the rise in investments and product innovations. The competitors are proactively addressing the challenges to growth and are crafting strategies that can have the best overall effect on the market’s progress. The market leaders are taking an interest in the creation of strong value chains that can yield increased profits. The opportunities for growth in the market have ample scope for development in the forecast period.

The crucial companies shaping the ransomware protection market globally are Sophos Ltd. (U.K), Avast Software S.R.O (Czech Republic), Malware bytes Corp (U.S.), Microsoft Corporation (U.S.), Symantec Corporation (U.S.), Kaspersky Lab (Russia), McAfee Inc. (U.S.), Intel Security (McAfee) (U.S.), Cisco System Inc.(U.S.), Sentinelone (U.S.), Palo Alto Networks Inc.(U.S.), Zscaler, Inc. (U.S.), and others.

Ransomware Protection Market Industry Updates:

Dec 2018 Acronis’ has updated its Data Cloud platform for managed service suppliers including augmented ransomware security and improved integration with Microsoft Office 365. The Acronis Data Cloud 7.8 advances the platform’s security elements, building on its AI-driven technology to vigorously sense malicious behavior and adding blockchain-driven data integrity.

Jan 2019 Cohesity has added ransomware protection to secondary storage as legacy back-up is becoming a target. Cohesity’s hyperconverged secondary storage software gives robust protection against ransomware.

Ransomware Protection Market Segmental Analysis

The segmentation of the ransomware protection market is conducted on the basis of services, solution, regions, and applications. On the basis of solution, the ransomware protection market is segmented into end-point security solution, standalone anti-ransomware software, secure web gateways, network security solution, application control, and others. The segmentation on the basis of service, of the ransomware protection market consists of consulting services, managed services, and support & management services. Based on application, the ransomware protection market globally is segmented into endpoint protection, web protection, and database protection. The regions in the ransomware protection market are Europe, North America, Asia Pacific and rest of the world.

Ransomware Protection Market Detailed Regional Analysis     

The regional analysis of the ransomware protection market includes regions such as Europe, North America, Asia Pacific and rest of the world. The North American region is expected to observe vast growth in the ransomware protection market, due to the existence of a huge number of merchants of cyber security in this region. These merchants chiefly provide highly revolutionary ransomware security solutions. The Asia Pacific region is also anticipated to illustrate expansion opportunities in the ransomware protection market due to the rising economies such as India, China, and Australia that are greatly investing in cyber security solutions.

TABLE OF CONTENTS

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.2 Value Chain/Supply Chain Of Global Ransomware Protection Market

5 Industry Overview Of Global Ransomware Protection Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

Continued…

LIST OF TABLES

Table 1 Global Ransomware Protection Market: By Region, 2017-2023

Table 2 North America Ransomware Protection: By Country, 2017-2023

Table 3 Europe Telecom Expense Management: By Country, 2017-2023

Table 4 Asia-Pacific Telecom Expense Management: By Country, 2017-2023

Table 5 Rest Of The World Ransomware Protection Market: By Country, 2017-2023

Continued…

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LIST OF FIGURES

FIGURE 1 Global Ransomware Protection Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Five Forces Analysis Of Global Ransomware Protection Market

FIGURE 4 Value Chain Of Global Ransomware Protection Market

FIGURE 5 Share Of Global Ransomware Protection Market In 2017, By Country (In %)

Continued…

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