PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389222
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1389222
Global Advanced Persistent Threat Protection Market is valued approximately at USD 5.69 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 20.1% over the forecast period 2023-2030. Advanced Persistent Threat protection refers to a set of security measures and strategies aimed at detecting, mitigating, and preventing sophisticated and persistent cyber threats. APTs, which stand for Advanced Persistent Threats, epitomize meticulously crafted and generously resourced assaults directed by adept adversaries, including entities like nation-state operatives or coordinated factions of cybercriminals. The Advanced Persistent Threat Protection market is expanding because of factors such as rising number of data security breaches and growing adoption of AI and ML based security solutions. Its importance has progressively increased during the forecast period 2023-2030.
According to Statista, in 2023, more than 6 million data records were exposed worldwide through data breaches. Since the first quarter of 2020, the highest number of exposed data records was detected nearly 125 million data sets. Furthermore in 2022, approximately 104.8 million compromised accounts were traced back to Russia, establishing it as the nation with the highest tally of exposed accounts during that particular year. China ranked second, with over 34 million accounts breached, while the United States with 23.5 million breached accounts respectively. Another important factor drives the Advanced Persistent Threat Protection market is increasing adoption of AI and ML based security solutions. Machine Learning algorithms are capable of analyzing massive volumes of threat intelligence data in order to uncover patterns, correlations, and indicators of APT activity. AI-powered systems are capable of recognizing possible cyber-attacks by analyzing and contextualizing threat intelligence inputs. In addition, as per Statista, the AI in cyber security was worth over USD 10 billion in 2020 and was estimated to reach up to USD 46.3 billion by 2027. Moreover, growing adoption of enterprise mobility and rising number of online shopping activities is anticipated to create a lucrative growth opportunity for the market over the forecast period. However, high cost associated to Advanced Persistent Threat Protection and technical complexity stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Advanced Persistent Threat Protection Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing adoption of servers, desktops, and mobile devices, and rising in the BYOD trend. Furthermore, Asia Pacific is expected to grow fastest during the forecast period, owing to factors such as rising government initiatives to support cybersecurity compliance to protect data from potential threats.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable