Global Ransomware Protection Market to Reach $83.2 Billion by 2030
The global market for Ransomware Protection estimated at US$30.9 Billion in the year 2023, is expected to reach US$83.2 Billion by 2030, growing at a CAGR of 15.2% over the analysis period 2023-2030. Secure Web Gateways, one of the segments analyzed in the report, is expected to record a 16.2% CAGR and reach US$22.5 Billion by the end of the analysis period. Growth in the Standalone Anti-Ransomware Software segment is estimated at 14.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $7.9 Billion, While China is Forecast to Grow at 19.8% CAGR
The Ransomware Protection market in the U.S. is estimated at US$7.9 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$21.5 Billion by the year 2030 trailing a CAGR of 19.8% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.2% and 12.7% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 11.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$14 Billion by the year 2030.
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