Overview
The advanced persistent threat or APT is a methodology that depicts cyberattack campaigns initiated by unethical hackers to steal sensitive information over the organization’s digital platform. Usually, these organizations include either enterprises with expansive business operations or governing bodies that hold confidential information, including intellectual property, employee/citizen personal information, and so on. Carrying out these cyberattacks needs much more resources than attacking a standard web application attack. These include highly experienced unethical hackers backed with strong financial support. Additionally, the unethical hackers are sometimes funded by the governing organizations that utilize APT as their cyber weapon. Furthermore, the advanced persistent threat protection requires a multi-dimensional method that combines network administrators, security providers, and individual users in traffic monitoring, application & domain whitelisting, access control, bad bot protection, and web application firewall. The strategy adopted by APT protection players includes a web application firewall, backdoor protection, two-factor authentication, and DDoS protection.
Market Segmentation
By component, the global Advanced Persistent Threat (APT) Protection Market has been divided into solution and service. The solution segment is further divided into security information & event management, endpoint protection, intrusion detection/prevention system, sandboxing, next-generation firewall, forensic analysis, and others. Additionally, the service segment is bifurcated into professional services and managed services.
By organization size, the global advanced persistent threat (APT) protection market has been divided into small & medium enterprises and large enterprises.
By deployment, the global advanced persistent threat (APT) protection market has been divided into on-premises and cloud-based.
Based on vertical, the global advanced persistent threat (APT) protection market has been divided into BFSI, engineering & construction, healthcare, retail & e-commerce, energy & utilities, it & telecom, media & entertainment, and others.
The advanced persistent threat (APT) protection market has been analyzed for five regions—North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
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Regional Analysis
The global advanced persistent threat (APT) protection market size is expected to register an exponential CAGR during the forecast period from 2020 to 2026. The geographic analysis of the market has been conducted for North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.
North America is likely to be the dominating region in terms of adopting advanced persistent threat protection solutions and services. The regional market has been segmented into the US, Canada, and Mexico. The US is expected to lead the country-level market, while Canada is projected to be the fastest-growing segment during the forecast period. The US market is expected to report the highest market share, owing to the factors such as demand for APT protection solutions and services from end-use verticals, including BFSI and government. Additionally, the rise in the number of cybercrimes focused on stealing public information stored at government sites. Furthermore, the North American market for APT protection solutions and services is expected to grow further owing to the presence of key players such as Broadcom (US), McAfee, LLC (US), Forcepoint (US), CipherCloud.com (US), Zscaler, Inc. (US), Fortinet, Inc. (US), FireEye, Inc. (US), Raytheon Technologies (US), Palo Alto Networks, Inc. (US), VMware, Inc (US), Microsoft (US), and Webroot Inc. (US).
For the purpose of analysis, the European market has been divided into the UK, Germany, France, and the rest of Europe. In terms of market size, Europe is expected to be the second-largest region to adopt APT protection solutions and services. Germany is projected to be the leading country-level market owing to the higher adoption of APT protection solutions in large and small organizations.
The advanced persistent threat (APT) protection market in Asia-Pacific is projected to grow at the fastest rate over the forecast period. The regional market is segmented into China, Japan, India, and the rest of Asia-Pacific. This growth is attributed to the rapid digital advancements in countries including China, Japan, India, and the digital transformation strategy adopted by enterprises across verticals. The growing demand for APT solutions by the healthcare and banking verticals in the region offers lucrative opportunities for APT protection providers.
The market in the Middle East & Africa and South America is expected to register steady growth during the forecast period. The many enterprises in these regions, mainly from manufacturing and automotive verticals, are expected to adopt APT protection solutions and services during the forecast period.
Key Players
According to MRFR analysis, Broadcom (US), McAfee, LLC (US), AO Kaspersky Lab (Russia), Forcepoint (US), CipherCloud.com (US), Zscaler, Inc. (US), Fortinet, Inc. (US), FireEye, Inc. (US), Raytheon Technologies (US), Sophos Ltd. (UK), ESET, spol. s r.o. (Slovak Republic), Palo Alto Networks, Inc. (US), VMware, Inc (US), Microsoft (US), and Webroot Inc. (US) are the key players operating in the global advanced persistent threat (APT) protection market. The key growth strategies adopted by these players are partnerships, acquisitions & mergers, agreements, and collaborations.
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Advanced Persistent Threat Protection Market Research Report: Information by Technology (Hall Effect, Magneto Resistive, Variable Reluctance), By Application (Automotive, Industrial, Aerospace & Defense, Consumer Electronics) and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America)—Forecast till 2030
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