According to a new market research report published by Inkwood Research, The global advanced persistent threat protection market is expected to reach from USD 4078 million in 2016 to USD 15,373 million by 2025, at a CAGR of 18.04% between 2017 and 2025.
Browse 30 market data Tables and 55 Figures spread through 211 Pages and in-depth TOC on “global advanced persistent threat protection (APT) Market Forecast 2017-2025"
The booming E-commerce industry resulting in increased online sales and transaction, rising support of government and increased laws for cyber security, growing adoption of cloud technology, upsurge in the allocation of funding for IT security, and growing incidents of data loss and data breach are the primitive factors developing the global advanced persistent threat protection (APT) market
In terms of market share, Security Information and Event Management (SIEM) ranks highest in the APT protection solution market
In the solution type segment of the APT protection market, Security Information and Event Management (SIEM) possess the colossal market share due to its prime abilities like Alerting, Data aggregation, and Forensic analysis. Furthermore, it also supports security incidences and response to threat detection by the historical analysis and real-time collection of security events from various extended event sources and contextual data.
In countries like UK and US, the current compliance standard makes it mandatory for the corporate giants to have a valid IT security which also consists SIEM. Amid the other verticals, financial services players like insurance and banking have been the major users of this solution.Next generation firewall solution segment is growing rapidly with 19.21% of CAGR. The major reasons driving this segment is the existence of web-based malware attacks, targeted attacks, application-layer attacks, and more.
Cloud deployment leads the deployment segment of the APT protection market
The deployment segment best analyzes the APT protection market. It is majorly bifurcated into cloud deployment and On-premises deployment.
Cloud deployment dominates the global APT protection deployment market. The low price of ownership, propelled organizational flexibility, quick resource provisioning, and scalability is the major reasons influencing the demand for cloud deployment.
The cloud deployment model precisely analysis the actions of the mischievous exploits and malware, and isolates the data before the threat spreads completely.
North America witnessing the largest market share in the global APT protection market
North America region leads the global advanced persistent threat (APT) protection market with the colossal market share of approximately 38.03% due to the existence of major giants like IBM, HP, Oracle, Microsoft, and their initiative in advancing the technology is proliferating the growth of the North America APT protection market. On the other hand, Asia Pacific is evolving rapidly with 19.09% of CAGR during the years 2017-2025.
Developing cloud technology and growing adoption of cloud services by the companies to minimize the risk of losing data in the case of disaster or contingency are the major factors influencing the market growth in this region. Nevertheless, it is also expected that Asia Pacific will lead the market in the coming future.
Key players of the global advanced persistent threat protection market mentioned in the report are Hewlett Packard (HP), IBM, Commercium Technology, Microsoft, Symantec, Logrhythm INC., Dell, Panda Security, Intel, Cisco, and others.
These major companies contribute 40% or more of the total revenue of the market. Oracle, Intel, and Microsoft have funded billion in varied regions for expanding the recognition of cloud technology.
These companies are also constantly advancing exclusive technology which will enhance the growth of the market.
The advanced persistent threat protection (APT) market report provides competitive landscapes, market drivers, trends, restraints, opportunities and challenges in this market. The report estimates the current size and the future growth potential of the market across diverse applications, technologies, verticals, types, and regions.
The outlook of the report additionally comprises of mergers and acquisitions, strategies, product portfolios, agreements, partnerships and collaborations amongst the key players.
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