Software News

Software News!

Application and Enterprise Software News
Press release distribution service

Software Links: Application Software, Enterprise Software, Virus Software


Home > Software News:
  • Watch News Feed
  • Bestsellers Software

  • Ransomware Protection Market Secrets Revealed

    (I-SoftwareNews.Com, May 21, 2017 ) Ransomware protection market size is expected to grow from USD 8.16 Billion in 2016 to USD 17.36 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.3% during the forecast period. The major growth drivers of the market include rise in phishing attacks and security breaches and emergence of Ransomware-as-a-Service (RaaS) model, through which cybercriminals are reaping billions of dollars from the victims.

    Request For Customization @

    The ransomware protection market is segmented by solution, services, application, deployment mode, organization size, vertical, and region. Secure web gateways solution is estimated to contribute the largest market size in 2016, as it protects the computers from user-initiated web traffic and enforces strong company policies. Furthermore, threat intelligence solution is expected to grow at the highest CAGR during the forecast period, as it provide real-time understanding of sophisticated cyber threats, their detection, analysis, and predictive remediation.
    Managed services segment is estimated to grow at the highest CAGR during the forecast period. The SMEs are looking forward to the third-party vendors as managed security service providers for improved cybersecurity operations, within the organization. Moreover, professional services segment is expected to have the highest market size in 2016, as it includes consulting, training & education, and support & maintenance services.

    Download PDF Brochure @

    Ransomware protection solutions have been deployed across various industry verticals, including government and defense, BFSI, healthcare, education, and others. The healthcare vertical is expected to witness the highest CAGR during the forecast period, as the cybercriminals are targeting valuable electronic patient health information, which has huge demand in the black market. However, BFSI vertical is estimated to have the largest market size in 2016, which is fueled by the advent of crypto-currencies such as Bitcoins.

    The global ransomware protection market has been segmented on the basis of regions into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and Latin America to provide a region-specific analysis in the report. The North American region is expected to become the largest revenue generating region for cybersecurity vendors in 2016, followed by Europe. This is mainly because the businesses in the U.S. are highly targeted by hackers via ransomware attacks to extort large ransom. The APAC region is expected to be the fastest growing region in the ransomware protection market, as ransomware perpetrators are targeting SMEs in this region via large number of phishing attacks.

    Lack of awareness among security professionals about new and emerging ransomware families is the biggest challenge, which the enterprise are facing in the ransomware protection market.
    Major vendors that offer ransomware protection solution across the globe are Intel Security, Symantec Corporation, Trend Micro, FireEye, Sophos, Bitdefender, Kaspersky Lab, Malwarebytes, Zscaler, SentinelOne, and others. These vendors have adopted different types of organic and inorganic growth strategies such as new product launches, partnerships & agreements, and mergers & acquisitions to expand their offerings in the ransomware protection market.
    To speak to our analyst for a discussion on the above findings, click Speak to Analyst


    Mr. Rohan


    Source: EmailWire.Com


    Media Sponsor

    I-SoftwareNews.Com Sponsors

    Software Advertisement

    I-SoftwareNews.Com Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net - Newswire and Press Release service of GroupWeb Media LLC