Global Ransomware Protection Market is expected to reach USD 23.03 Billion by 2024 from USD 8.10 Billion in 2016 at a CAGR of 16.1 % (Detailed analysis of the market CAGR is provided in the report).
Global Ransomware Protection Market
Global Ransomware Protection Market based on solution is segmented into standalone anti-ransomware software, application control, secure web gateways, IDS/IPS, threat intelligence, web filtering and others. Secure web gateways solution is expected to be major contributor for the market growth during the forecast period. It provides protection to the computers against user-initiated web traffic and applies strong company policies. The Global Ransomware Protection Market based on service is classified into professional services, training and education, consulting, support and maintenance and managed services. Managed services segment is expected to hold largest shares of the market during the forecast period. this is due to the increasing demand from SMEs
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