Enterprise Ransomware Protection Market Opportunities

The Business Research Company’s Ransomware Protection Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Ransomware Protection Global Market Report 2023 evaluates ransomware protection market size, growth rate, drivers, trends, and major companies.

The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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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 market segments in the report are:

The global ransomware protection market is expected to grow from $17.88 billion in 2022 to $21.19 billion in 2023 at a compound annual growth rate (CAGR) of 18.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The ransomware protection market is expected to reach $39.64 billion in 2027 at a CAGR of 16.9%.

Rising phishing attacks are expected to propel the growth of the ransomware protection market going forward. Phishing is a social engineering attack frequently used to acquire user information, such as login credentials and credit card details. Ransomware protection helps prevent phishing attacks by detecting and blocking malicious emails, educating users to identify phishing attempts, and stopping ransomware infections before they can encrypt data and systems. For instance, in June 2022, according to the Anti-Phishing Working Group, a US-based consortium that aims to eliminate fraud and identity theft caused by phishing and related incidents, in the first quarter of 2022, the Anti-Phishing Working Group recorded a total of 1,025,968 phishing attacks, a 15% rise from 888,585 attacks in the fourth quarter of 2021. Therefore, rising phishing attacks are driving the growth of the ransomware protection market.

The table of contents in TBRC’s ransomware protection market report includes:

1. Executive Summary
2. Ransomware Protection Market Characteristics
3. Ransomware Protection Market Trends And Strategies
4. Ransomware Protection Market – Macro Economic Scenario
5. Ransomware Protection Market Segmentation.

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32. Global Ransomware Protection Market Competitive Benchmarking
33. Global Ransomware Protection Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Ransomware Protection Market
35. Ransomware Protection Market Future Outlook and Potential Analysis
36. Appendix

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