Advanced Persistent Threat Protection Market to Witness a Phenomenal Growth by Reaching Over USD 21,049.1 Million by 2028

Major companies in the Advanced Persistent Threat Protection Market are McAfee, Fortinet, Sophos, FireEye, NortonLifeLock Inc., Cisco, Raytheon Technologies, Trend Micro, Webroot Inc., Palo Alto Networks, Forcepoint and Secureworks among others. These players are set to bolster the development of the global Advanced Persistent Threat Protection Market.

According to analysts at Zion Market Research, the global Advanced Persistent Threat Protection market accounted for USD 5,211.3 Million in 2020 and is expected to reach USD 21,049.1 Million by 2028, growing at a CAGR of 19.31% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Advanced Persistent Threat Protection Market By Solution (Security Information and Event Management, Endpoint Protection, Intrusion Detection System and Intrusion Prevention System, Sandboxing, Next-Generation Firewall and Others), By Service (Managed services and Professional Services), By Deployment Mode (On-premise Deployment and Cloud-based Deployment), By End-use Industry (Information Technology, Banking, Financial Services and Insurance, Retail and Ecommerce, Healthcare, Defense and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.”

Rapidly Evolving Threat Landscape to Enhance Growth

Rapidly evolving threat landscape is the driving factor for the increase in the demand. Application of Advanced Persistent Threat Protection is visible in industries such as government and defense, banking, financial services and insurance, healthcare and others, which has resulted in the growth of Advanced Persistent Threat Protection market. Forensic analysis market is expected to grow at the highest rate.

Major factors contributing towards the increasing demand for Advanced Persistent Threat Protection in the market are the advancements made in technology, stringent government regulations, increasing adoption of cloud in the organizations and rising awareness towards protecting confidential information. However, the distinct nature of lack of expertise and security threats in cyber security may cause act as restraining factor for the Advanced Persistent Threat Protection market.

Presence of Major Players to Assist North America Growth

North America is dominating the global Advanced Persistent Threat Protection Market. This dominance can be attributed to the presence of prominent companies like McAfee, Fortinet, FireEye, Cisco and Raytheon Technologies, in the region.

Additionally, the North American region has a huge Banking, Financial Services and Insurance (BFSI) sector. It stores tremendous amount of data from credit cards, debit cards, transaction histories and web interactions. It is imminent to protect this data and this makes the BFSI sector one of the largest consumers of the APT Protection market.

Furthermore, the region has a large number of developed economies that invest in Research and Development (R&D) activities, for a wide number of applications. Subsequently, the region has been experiencing increased investments in security solutions for small and large-scale businesses.  The boom of R&D and small and large-scale enterprises in the region is expected to enhance the APT Protection market.

Browse the full “Advanced Persistent Threat Protection Market By Solution (Security Information and Event Management, Endpoint Protection, Intrusion Detection System and Intrusion Prevention System, Sandboxing, Next-Generation Firewall and Others), By Service (Managed services and Professional Services), By Deployment Mode (On-premise Deployment and Cloud-based Deployment), By End-use Industry (Information Technology, Banking, Financial Services and Insurance, Retail and Ecommerce, Healthcare, Defense and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/advanced-persistent-threat-protection-market

The Global Advanced Persistent Threat Protection Market is segmented as follows:

By Solution

• Security Information and Event Management (SIEM)
• Endpoint Protection
• Intrusion Detection System (IDS) and Intrusion Prevention System (IPS)
• Sandboxing
• Next-Generation Firewall (NGFW)
• Others

By Service

• Managed Services
• Professional Services

By Deployment Mode

• On-premise Deployment
• Cloud-based Deployment

By End-use Industry

• Information Technology (IT)
• Banking, Financial Services and Insurance (BFSI)
• Retail and Ecommerce
• Healthcare
• Defense
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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