Global Advanced Persistent Threat Protection Market Size study & Forecast, by Software (Security Information and Event Management (SIEM), Endpoint Protection, Intrusion Detection System/Intrusion Prevention System (IDS/IPS), Next-Generation Firewall (NGF

Global Advanced Persistent Threat Protection Market Size study & Forecast, 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) By Services (Professional Services, Managed Services) By Deployment (Cloud, On-premise) By Enterprise Size (Small & Medium-sized Enterprises (SMEs), Large Enterprises) By Vertical (BFSI, IT & Telecom, Retail & E-commerce, Healthcare & Life Sciences, Manufacturing, Energy & Utilities, Government & Defense, Others) and Regional Analysis, 2023-2030

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.

Major market player included in this report are:
Cisco Systems, Inc.
Microsoft Corporation
Broadcom, Inc.
VMware Inc
Kaspersky Labs
CyberArk Software Ltd.
McAfee, LLC
International Business Machines Corporation
Palo Alto Networks
Trend Micro Inc

Recent Developments in the Market:
 In June 2023, Cisco Security Cloud is a new, powerful generative AI technology from Cisco. It will use large language models (LLMs) throughout its Collaboration and Security portfolios to assist organisations increase employee productivity and simplicity. Cisco Security Cloud will address issues by allowing security and IT administrators to design granular security rules and analyse how to best deploy them across various areas of their security infrastructure using a generative AI Policy Assistant.

Global Advanced Persistent Threat Protection Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered - Software, Services, Deployment, Enterprise Size, Vertical, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

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:

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

By Services
Professional Services
Managed Services

By Deployment
Cloud
On-premise

By Enterprise Size
Small & Medium-sized Enterprises (SMEs)
Large Enterprises

By Vertical
BFSI
IT & Telecom
Retail & E-commerce
Healthcare & Life Sciences
Manufacturing
Energy & Utilities
Government & Defense
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Cisco Systems, Inc.
Microsoft Corporation
Broadcom, Inc.
VMware Inc
Kaspersky Labs
CyberArk Software Ltd.
McAfee, LLC
International Business Machines Corporation
Palo Alto Networks
Trend Micro Inc

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