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  • Ransomware Protection Market worth 17.36 Billion USD by 2021

    (I-SoftwareNews.Com, October 04, 2018 ) According to the new market research report “ Ransomware Protection Market by Solution (Anti-Ransomware Software, Secure Web Gateways, Application Control, IDS/IPS, Threat Intelligence), Service, Application, Deployment, Organization Size, Vertical, Region – Global Forecast to 2021″, published by MarketsandMarkets™, the ransomware protection market size is expected to grow from USD 8.16 Billion in 2016 to USD 17.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.3%.



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    Ransomware is a predominant cyber threat that installs on the victim’s computer either encrypting the files or locking the entire system, until a ransom is paid. The organizations have increased investments in securing the data, network, and endpoints from crypto-malwares such as ransomware and other advanced cyber threats..



    Threat intelligence solution is expected to grow the fastest in the ransomware protection market



    Threat intelligence solution is expected to grow at the highest CAGR in the ransomware protection market, during the forecast period. Organizations are increasingly adopting threat intelligence solutions to combat ransomware and other advanced cyber threats, as these solution provide effective and reliable threat detection to alleviate cyber threats based on security events and security intelligence feeds to manage business risks. Furthermore, security web gateways solution is expected to have the largest market share in the ransomware protection market, during the forecast period..



    Browse and in-depth TOC on “ Ransomware Protection Market ”



    83 – Tables



    53 – Figures



    179 – Pages



    View more detailed TOC @



    https://www.marketsandmarkets.com/Market-Reports/ransomware-protection-market-84263725.html



    Email protection segment is expected to gain high traction in the ransomware protection market



    The email protection segment is estimated to grow at the highest CAGR from 2016-2021. The emails are number one source of ransomware distribution and cybercriminals target victims with emails having malicious attachments. Hence, email protection is of utmost importance due to the rise in instances of Business Email Compromise (BEC) scams, globally. The network protection segment is estimated to contribute the largest market size to the ransomware protection market, due to rise in the number of security breaches targeting enterprise networks..



    Healthcare vertical is the prime target for ransomware attacks and would grow the fastest



    The healthcare vertical is expected to grow at the highest CAGR in the ransomware protection market. Due to the push for rapid digitization of medical records such as electronic patient health information, healthcare sector is falling victim to large number of ransomware attacks, more than any other vertical. The BFSI vertical is expected to dominate the ransomware protection market, contributing largest market share, during the forecast period, due to the growing usage of web and mobile applications for banking transactions and payments..



    Request for Free Sample Report @ https://www.marketsandmarkets.com/requestsample.asp?id=84263725



    North America is expected to contribute the largest market share, whereas APAC is expected to grow the fastest



    North America is expected to have the largest market share and dominate the ransomware protection market from 2016 to 2021, due to the presence of large number of cybersecurity vendors across this region offering highly innovative ransomware protection solutions. On the other hand, APAC offers potential growth opportunities in the ransomware protection market, due to increasing spending on cybersecurity solutions in the emerging economies of the region such as China, Australia, and India.



    The major vendors in the ransomware protection market include Intel Security, Symantec Corporation, Trend Micro, FireEye, Sophos, Bitdefender, Kaspersky Lab, Malwarebytes, Zscaler, SentinelOne, and others.





    About MarketsandMarkets™



    MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.



    Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.



    MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledge Store” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.





    MarketsandMarkets

    Mr. Shelly Singh

    1-888-600-6441

    sales@marketsandmarkets.com

    Source: EmailWire.Com

    Source: EmailWire.com

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