Advanced Persistent Threat (APT) Protection Market 2021 Growth, Trend, Analysis, Future Opportunities, and Industry Forecast>
KSU – The Sentinel Newspaper – Research Dive
The global market for APT protection tools is expected to witness a massive growth rate, amid the COVID-19 pandemic. This growth is mainly driven by the growing focus on internet network security owing to the remote service and work from home programs. Hence, the need for security policies has extensively increased in both developed as well as developing nations.
Considering the abovementioned factors, leading APT platform providers like Microsoft, Cisco Systems, and VMRay are following various strategies to provide higher security services in the COVID-19 apocalypse. For instance, in September 2020, VMRay, a leading cybersecurity company headquartered in Bochum, Germany, announced a free-of-cost offering of integrated software to their clients, amid COVID-19 pandemic. As per this announcement, company is going to provide VMRayâs flagship tools like VMRay Analyzer and malware analysis solution in order to stay protected from APT like threats. Such company initiatives are further expected to create magnificent opportunities for the global APT protection market, in the forecast years.
The cloud sub-segment for advanced persistent threat (APT) protection market shall have rapid growth and is anticipated to register a revenue of $12,184.5 million by 2027, with the rise from $1,957.6 million in 2019. Magnificent role in the disaster recovery, growing concerns about the advanced safety standards in the businesses, and cost-effectiveness are some of the key factors expected to bolster the market growth, during the projected timeframe.
The professional services for the advanced persistent threat (APT) protection market will be the fastest growing segment and it is expected to generate a revenue of $9,387.7 million by 2027, over the projected period. Increased connectivity demand, growing adoption of remote healthcare infrastructure, exploding number of colocation centers across the globe are also some of the factors propelling the market growth, during the analysis period. On the other hand, the managed services sub-segment shall have the largest market share and is further expected to register a revenue of $10,905.3 million, during the analysis period. Technological advancements, along with heavy investment by the key players on research & development activities are projected create favorable conditions to the segment.
The next-generation firewall (NGFW) sub-segment will register a revenue of $3,938.2 million by 2027. Cybercriminals across the globe are growing massively to attack businesses in multiple ways such as data infringement. Hence, advanced persistent threat (APT) protection solution providers are coming forward with new and highly-integrated solutions that provide additional key features like advanced intrusion prevention, application awareness & control, and cloud-based threat intelligence. Such crucial elements are creating a significant impact on the NGFW sub-segment, during the forecast period. However, security information and event management (SIEM) have a dominating market share in the global market and is expected to generate a revenue of $3,811.7 million, during the analysis timeframe owing to its versatility in the broad range of industries including IT, retail and healthcare.
The BFSI vertical for advanced persistent threat (APT) protection market will have lucrative market growth and is further anticipated to generate a remarkable revenue of $2,624.3 million by 2027. Owing to the above-stated elements, the demand for APT protection platform is expected to increase in the future. On the other hand, the government & defense sub-segment for the APT protection market will have dominating market share in 2020, and is further expected to generate $2,631.1 million in 2027, with a notable CAGR of 19.3%. The government authorities of the developing as well as developed economies are facing multiple challenges regarding APT-cyberattacks. Hence, these governments are expected to implement innovative security technologies, which may ultimately surge the sub-segment growth, in the upcoming years. The Asia-Pacific market for advanced persistent threat (APT) protection platform is expected to reach up to $1,093.0 million in 2019 and is further projected to register a revenue of $5,275.6 million by 2027. North America market for advanced persistent threat (APT) protection platform shall have largest market share and is further predicted to surge at a growth rate of 20.3% by registering a revenue of $6,641.1 million by 2027. Porterâs Five Forces Analysis for Advanced Persistent Threat Protection (APT) Market:
Bargaining Power of Suppliers the bargaining power of the supplier is Moderate Bargaining Power of Buyer The bargaining power of the buyer is HIGH Threat of New Entrants the bargaining power of the new entrant is Moderate Threat of Substitutes the threat of substitute is Low Competitive Rivalry in the Market Competitive rivalry in the market is High
Link: https://ksusentinel.com/2021/01/25/advanced-persistent-threat-apt-protection-market-2021-growth-trend-analysis-future-opportunities-and-industry-forecast/