Advanced Persistent Threat (APT) Protection Market by Offering, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 15, 2020--
The “Advanced Persistent Threat (APT) Protection Market by Offering (Solutions (Sandboxing, Endpoint Protection, SIEM, IDS/IPS, and Next-generation Firewall) and Services), Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2025” report has been added to ResearchAndMarkets.com’s offering.
The global APT protection market size in the post-COVID-19 scenario is projected to grow from USD 5.2 billion in 2020 to USD 12.6 billion by 2025, at a CAGR of 19.5% during the forecast period.
The major factors driving the market include the increasing number of security breaches and advanced cyberattacks such as zero-day exploits, persistent threats, malware, and ransomware; stringent government regulations towards adoption of APT protection policies; and proliferation of cloud-based APT protection solutions and services.
By solutions, the SIEM segment expected to hold the largest market size in 2025
SIEM collects security data from network devices, servers, and domain controllers; analyzes the stored data to discover trends; detects threats, and enables organizations to investigate any alerts. APT protection solutions supported with SIEM can help enterprises to resist APTs, detect signs at early stages and prevent major damage to corporation data. APT protection tools fine-tuned with SIEM solutions offer holistic 360-degree protection of a company’s ecosystem for a customized security environment with quick and automated analysis of security events aligned with an enterprises’ security policies. SIEM solutions monitor both real-time events and past data to detect anomalous and gain visibility into security and compliance violations.
APAC to register the highest growth rate during the forecast period
APAC countries comprise emerging economies, such as China, Japan, Australia, and India. With the proliferation of AI, IoT, and big data in the APAC region, security and fraud concerns have risen. APAC is expected to invest more in security owing to the increasing threat of APT attacks. Organizations in this region are also increasingly focusing on building long-term relationships with their users by providing security to their sensitive data and delivering customized experiences. Organizations that deal with highly sensitive data are increasingly adopting APT protection solutions.
With effective government regulations and technological advancements, the APT protection market is witnessing high growth opportunities in this region. Machine Learning (ML), Internet of Things (IoT), big data analytics, and Artificial Intelligence (AI) are emerging methodologies that are being deployed in this region. APAC is home to large number of established Small and Medium-sized Enterprises (SMEs), which are growing at a laudable pace to cater to their large customer base. SMEs are rapidly adopting APT protection solutions to manage their enterprise data. Despite the growing importance of SMEs in this region, they are most affected mostly by cyber and malware attacks owing to budgetary constraints and resource shortages.
- Rising Security Breaches and Cyberattacks due to the Pandemic
- Strict Government Regulation for Cybersecurity
- Work from Home Lures New Security Challenges
- Expanding Cybersecurity Funding Following COVID-19 Pandemic
- Rise in Cloud Adoption Across Enterprises
- Lack of Knowledge Across Enterprises Regarding APTs
- Shortage of Cybersecurity Talent
- Emergence of Threat Intelligence Solutions to Mitigate APTs
- Proliferation of Cloud-Based Apt Protection Solutions and Services
- Scarcity of Skilled Cybersecurity Professionals Among Enterprises
- Difficulties in Addressing Complexity of Advanced Threats
- Diverse Nature of Sophisticated Threats
- Aristi Labs
- Palto Alto Networks
- Raytheon Technologies
- Red Sift
- Trend Micro
- VMware Carbon Black
- XM Cyber
For more information about this report visit https://www.researchandmarkets.com/r/hcie2d
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SOURCE: Research and Markets
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PUB: 12/15/2020 04:50 AM/DISC: 12/15/2020 04:50 AM