Global Advanced Persistent Threat Protection Market
Report Highlights
Advanced Persistent Threat Protection Market By Component, By Solution, By Service, By Deployment Model, By Organizational Size, By Vertical, By Geography And Forecast
According to Verified Market Research, the Global Advanced Persistent Threat Protection Market was valued at USD 3,790.0 Million in 2018 and is expected to witness a growth of 20.6% from 2019-2026 and reach USD 16,538.8 Million by 2026.
Advanced Persistent Threat Protection solutions are the software that protects from Advanced Persistent Threat (APT). This APT is the targeted and a type of malware attack, in which a cybercriminal gains access to the network of a company by remaining unidentified for a longer period of time. The main motive of any APT is to observe network activity of any company and stealing information to cause damage to the company. These APTs use sources such as phishing and social engineering, advanced malware, compromised devices, application level attack, and others.
The market for cybersecurity has been increased significantly in recent years, due to many supporting factors such as the development of advanced solutions. The development and introduction of advanced security solutions such as Next Generation Anti-Virus, Sandboxing and others have risen the adoption of these cybersecurity solutions. Many advanced persistent threats protection solution providers are even working together to develop better and more advanced security solutions so that it can block networks and data from millions of malware being generated and developed on a daily basis.
The rising concept of managed or third-party services has also created opportunities in this Advanced persistent threat protection solutions market. These managed service providers offer remote management of IT services for their clients. These managed service providers help in the scalability and cost-saving of an enterprise. There are managed service providers, that provide Advanced persistent threats protection services to their clients under which they protect their client’s data at a minimal cost. These managed service providers generally have complete access to the customer’s network, and potentially have access to customer data, which allows them to protect client’s information by keeping backup and recovery services along with data protection.
The Global Advanced Persistent Threat Protection Market is segmented on the basis of Solution, Service, Deployment Model, Organization Size, Vertical and Geography. The gist of breaking down the market into various segments is to gather information about various aspects of the market. On the basis of Component, Solutions accounted for the largest market share in 2018 and in terms of geography, the market was dominated by North America in 2018, with the United States, Canada, and Mexico accounting for the majority of the shares in this region.
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