The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The ransomware protection market expanded from $21.19 billion in 2023 to $25.07 billion in 2024, with an 18.3% CAGR, due to cybersecurity threats and cloud adoption. Forecasts anticipate growth to $46.12 billion by 2028, driven by AI integration and regulatory pressures, with trends in blockchain security and automated incident response.

The ransomware protection market is witnessing growth fueled by the rising threat of phishing attacks. Phishing attacks pose significant cybersecurity risks, driving demand for robust ransomware protection solutions. With a notable increase in phishing attacks recorded globally, there is growing awareness of the need for effective ransomware protection measures. The market’s growth is supported by the escalating cybersecurity threats and the imperative to safeguard sensitive data from ransomware attacks, as highlighted by statistics from the Anti-Phishing Working Group.

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What Are The Key Trends That Influence Ransomware Protection Market Share Analysis?

Technological advancements are pivotal in the ransomware protection market, with France-based Thales Group launching the CipherTrust Transparent Encryption Ransomware Protection (CTE-RWP) platform in April 2023. This technology safeguards against ransomware attacks by detecting and preventing unauthorized data encryption and exfiltration.

Which Market Players Are Driving Growth In The Ransomware Protection Market?

Major companies operating in the ransomware protection  market report are Microsoft Corporation, Intel Corporation, International Business Machines (IBM) Corporation, Cisco System Inc., Broadcom Inc., Palo Alto Networks Inc., W314Fortinet Inc., Gen Digital Inc., Check Point Software Technologies, McAfee LLC, Trend Micro Inc., CrowdStrike Holdings Inc., Zscaler Inc., FireEye Inc., Avast Antivirus, Kaspersky Lab, Proofpoint Inc., CyberArk Software Ltd., ESET s.r.o., Ivanti, Barracuda Networks Inc., Bitdefender SRL, Acronis International GmbH, SonicWall, Webroot Inc., SentinelOne Inc., Malwarebytes Inc., F-Secure Corporation, Cybereason

How Is The Global Ransomware Protection Market Segmented?

The ransomware protection market covered in this report is segmented –

1) By Component: Solution, Services
2) By Deployment: Cloud, On-premise
3) By Organization Size: Small And Medium Enterprises (SMEs), Large Enterprises
4) By Application: Endpoint Protection, Network Protection, Database Protection, Web Protection, Email Protection
5) By Industry Vertical: Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecom, Government And Defense, Retail, Education, Healthcare And Lifesciences, Other Industry Verticals

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The Ransomware Protection Global Market Report 2024 provides an overview of the ransomware protectionmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The ransomware protection market forecast analyzes ransomware protection market size, ransomware protection market share, leading competitor and their market positions.

The Table Of Content For The Ransomware Protection Market Include

1. Ransomware Protection Market Executive Summary
2. Ransomware Protection Market Segments
3. Ransomware Protection Market Size And Template Market Growth Rate
4.  Key Ransomware Protection Market Trends
5. Major Ransomware Protection Market Drivers
……
25. Key Mergers And Acquisitions In The Ransomware Protection Market
26. Top Ransomware Protection Companies
27. Ransomware Protection Market Opportunities And Strategies
28. Ransomware Protection Market, Conclusions And Recommendations
29. Appendix

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