The advanced persistent threat protection is the most continued cyberattacks with the resolution of thieving the sensitive and trustworthy information from the targeted organization. The combating the APT demands an unremitting effort and the combination of several tools and techniques for execution the tasks more speedily and effectively. The APT protection resolutions, by conjoining the numerous tools and techniques, support the embattled organization in retorting to threats more speedily, effectively and actively.
According to the report analysis, ‘Global Advanced Persistent Threat Protection Market Forecast up to 2024’ states that the global advanced persistent threat protection market is expected to grow at a CAGR of 18.1% during the forecast period to reach revenue of USD 16.2 billion by 2024. There are efficient growth opportunities for the APT protection market owing to the several factors such as enhancing the distinguishability and control around the organization network, decreasing the business perils by protecting and answering to APT attacks, and safeguarding the exceedingly confidential and penetrating information from being whipped by the attackers.
The cybersecurity industry is among the wildest increasing industries, which deliver the tremendous economic opportunities but face continuous evolving the cyber terrorism and data breaches targeting the numerous segments, especially government, BFSI, education, energy and utilities among many others. Along the business functions significantly be sure of the internet and networks, cybersecurity is becoming a leading anxiety. With the more and more number of systems being associated, creating the lateral instabilities and surrendering the systems by malevolent codes are becoming relaxed for the attackers, which can reason more mutilation to the organization as well as their consumers.
Furthermore, there are numerous key players which are presently functioning in the global advanced persistent threat protection more positively for attaining the high value of market share across the globe and leading the fastest market growth throughout the forecasted period while employing the skilled cybersecurity professionals, spreading awareness related to the developed persistent threats and augment the acceptance of the cloud technology includes IBM Corporation, Cisco, Palo Alto Networks, Trend Micro, Symantec Corporation, FireEye, Forcepoint, SecureWorks, McAfee, and Fortinet among many others.
The foremost key players are accepting the several organic as well as inorganic growth strategies such as mergers & acquisitions, collaborations & partnerships, joint ventures, and few other strategies to be in the robust position in the market. In addition, the major vendors across the dissimilar verticals are planning for great investments in this market, and as a result, the market is anticipated to increase at a remarkable rate in the coming years.
In 2018, Cisco attained the Duo Security to enlarge its cloud and security abilities. Symantec, in 2018, attained the Javelin Networks for improving its endpoint security business. Palo Alto Networks, in 2017, assimilated LightCyber Ltd., for accumulating the behavioral analytics in the assistances for developing the functionality of the platform.
Not only has this, according to the numerous recent surveys, more than 65% of the security openings across the globe were exposed months after the occurrence. Hence, perceiving the APT attacks at the accurate time empowers the organizations to safeguard the financial losses and impairment to the brand name.
Additionally, in the near future, it is predicted that the market of advanced persistent threat protection will increase around the globe more positively over the forecasted period.
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Global Advanced Persistent Threat Protection Market Study 2015-2025, by Segment (Endpoint Advanced Persistent Threat Protection, Network Advanced Persistent Threat Protection, Email Advanced Persistent Threat Protection), by Market (Government and Defense, Banking, Financial Services, and Insurance (BFSI), IT and Telecom), by Company (Fortinet, Symantec, Blue Coat)
Ankur Gupta, Head Marketing & Communications