Global Advanced Persistent Threat Protection Market Size Forecast 2024 - 2033
23 Dec, 2024
How Is The Global Advanced Persistent Threat Protection Market Defined?
Advanced persistent threat (APT) protection refers to a comprehensive strategy and set of measures organizations implement to defend against sophisticated and prolonged cyber-attacks by skilled adversaries. It safeguards computer networks, systems, and data against sophisticated and persistent cyber threats orchestrated by highly skilled and motivated adversaries.
Advanced Persistent Threat Protection Global Market Report 2024 provides data on the global advanced persistent threat protection market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The advanced persistent threat protection market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Advanced Persistent Threat Protection Market Size Expected To Change, And What Are The Growth Rate Projections?
The advanced persistent threat protection market has grown rapidly, from $7.53 billion in 2023 to $9.21 billion in 2024, with a CAGR of 22.3%. Historical growth was driven by high-profile cyberattacks, increased digital connectivity, and the globalization of networks. The market is forecasted to reach $20.90 billion by 2028, with a CAGR of 22.7%. Growth factors include the expansion of hybrid work environments, rising ransomware threats, and improved threat-sharing collaboration. Key trends include the integration of AI and machine learning, adoption of zero-trust security architecture, collaborative threat intelligence sharing, cloud-native protection, and DevSecOps practices.
Which Drivers Are Accelerating Growth In The Advanced Persistent Threat Protection Market?
The growing sophistication of cyber threats is expected to accelerate the growth of the advanced persistent threat protection market. Cyber threats, which involve malicious actions that exploit vulnerabilities in systems, networks, or data, are becoming more sophisticated due to advancements in technology, increased connectivity, organized cybercrime, and a lack of awareness. Advanced persistent threat protection is a comprehensive strategy used to defend against long-term, highly skilled cyber-attacks. For example, in November 2022, the Australian Cyber Security Centre reported a 13% increase in cybercrime reports, reaching 76,000 incidents in 2022. This rising sophistication of cyber threats is driving the growth of the advanced persistent threat protection market.
Get Your Free Sample of the Global Advanced Persistent Threat Protection Market ReportWhat Are The Core Segments Of The Global Advanced Persistent Threat Protection Market?
The advanced persistent threat protection market covered in this report is segmented –
1) By Software : Security Information And Event Management (SIEM), Endpoint Protection, Intrusion Detection System/Intrusion Prevention System (IDS/IPS), Next-Generation Firewall (NGFW), Threat Intelligence Platform, Others Software
2) By Services : Professional Services, Managed Services
3) By Deployment : Cloud, On-Premise
4) By Enterprise : Small And Medium-Sized Enterprises (SMEs), Large Enterprises
5) By Vertical : Banking, Financial Services, and Insurance., Information Technology And Telecommunications, Retail And E-commerce, Healthcare And Life Sciences, Manufacturing, Energy And Utilities, Government And Defense, Others Verticals
Which Emerging Trends Are Reshaping The Advanced Persistent Threat Protection Market?
Companies in the advanced persistent threat protection market are developing advanced solutions, like Jamf Executive Threat Protection, to address the rising use of mobile devices for work. Jamf Executive Threat Protection is designed to detect and neutralize sophisticated mobile attacks, offering organizations greater visibility into their mobile fleets, identifying compromise indicators, constructing timelines of suspicious events, and responding to threats. For example, in April 2023, Jamf launched this solution, which provides a high level of protection against advanced mobile threats, extending beyond traditional security methods to safeguard high-value users, such as government officials and executives.
What Is The Largest Region In The Advanced Persistent Threat Protection Market?
North America was the largest region in the advanced persistent threat protection market in 2023. The regions covered in the advanced persistent threat protection market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.