Advanced Persistent Threat Protection Market Worth 8.7 Billion USD by 2020
PUNE, India, October 14, 2015 /PRNewswire/ --
According to a new market research report, "Advanced Persistent Threat Protection Market by Solution (Sandboxing, Endpoint Protection, Forensic Analysis, SIEM, IDS/IPS, Next Generation Firewall), by Service, by Deployment, by Organization Size, by Vertical, by Region - Global Forecast to 2020", published by MarketsandMarkets, Advanced Persistent Threat Protection Market to grow from USD 3.9 Billion in 2015 to USD 8.7 Billion by 2020, at an estimated CAGR of 17.0% from 2015 to 2020.
Browse 70 market data Tables and 53 Figures spread through 143 Pages and in-depth TOC on "Advanced Persistent Threat Protection Market"
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The market report defines and segments the global Advanced Persistent Threat Protection Market on the basis of solution, service, deployment, organization size, vertical, and region along with providing an in-depth analysis and market size estimations.
The Advanced Persistent Threat Protection Market is gaining strong traction in cyber security market, as the threat landscape is rapidly evolving. Enterprises are rapidly adopting multi-layered advanced threat protection solutions such as Security Information and Event Management (SIEM), Intrusion Detection System (IDS)/Intrusion Prevention System (IPS), sandboxing, forensics analysis, endpoint protection, next generation firewall, and others, to protect their network from such sophisticated threats and zero-day vulnerabilities. Furthermore, the advanced persistent threat protection solutions are being increasingly adopted in various verticals, such as government and defence, Banking, Financial Services, and Insurance (BFSI), healthcare, and others which have led to growth of the market globally.
The major forces driving the Advanced Persistent Threat Protection Market are rise in number of targeted attacks and strict government regulations for cyber security. With rapid advancements in security technology, the adoption of advanced persistent threat solution is expected to increase during the forecast period. The market is expected to find huge growth opportunities in the next five years because of the growing need to protect enterprise network from such advanced cyber-threats.
MarketsandMarkets has segmented the Advanced Persistent Threat Protection Market by solution: sandboxing, endpoint protection, SIEM, IDS/IPS, forensic analysis, next generation firewall, and others; by service: managed services and professional services; by deployment: cloud and on-premise; by organization size: Small and Medium Businesses (SMBs) and large enterprises; by vertical: government and defence, BFSI, IT & telecom, healthcare, retail, transportation, energy & utilities, manufacturing, education, and others; and by region: North America, Europe, Asia-Pacific, Middle East & Africa , and Latin America.
The major vendors in the Advanced Persistent Threat Protection Market are Fortinet, Symantec, FireEye, Trend Micro, Intel Security, Blue Coat Systems, and others. A detailed analysis of the key industry players has been done to provide insights into their business overview, products and services, key strategies, and recent developments associated with the Advanced Persistent Threat Protection Market.
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MarketsandMarkets forecasts the global Advanced Persistent Threat Protection Market to grow from USD 3.9 Billion in 2015 to USD 8.7 Billion by 2020, at an estimated CAGR of 17.0% from 2015 to 2020. In the current scenario, the government and defence vertical continues to hold the largest share in the market. North America is expected to have the largest market size, while Asia-Pacific is expected to grow at the highest rate during the forecast period.
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