Ransomware Protection Market

Ransomware Protection Market Size, Share & Trends Analysis Report by Deployment Mode (On-Premise and Cloud), by Organization Size (Large Enterprises and Small & Medium-sized Enterprises), by Component (Solution and Services), and by Industry Vertical (Government and Defense, IT and Telecom, BFSI, Retail, Healthcare, Education, and Others) Forecast Period (2024-2031)

Published: Feb 2024 | Report Code: OMR2028125 | Category : Advanced Technologies | Delivery Format: /

Ransomware protection market is anticipated to grow at a CAGR of 17.5% during the forecast period (2024-2031). The market’s growth is attributed to the growing demand for moderate strategies used by cyber adversaries across the globe. In order to keep to produce the constantly changing landscape of cyber threats and the nimble methods of ransomware, organizations need to implement preventive protection measures. Furthermore, the market players are seeking for the new product launch to meet the demand for the program to protect from attacks. For instance, in May 2023, the Cybersecurity & Infrastructure Security Agency (CISA) unveiled the Ransomware Vulnerability Warning Pilot (RVWP) program to help ensure essential infrastructure organizations can protect their systems from ransomware attacks. The RVWP pilot updates agencies on potential attack targets, allowing security teams to initiate appropriate action. 

Segmental Outlook 

The global ransomware protection market is segmented on the deployment mode, organization size, component, application, and industry vertical. Based on the deployment mode, the market is sub-segmented into on-premise and cloud. Based on the organization size, the market is sub-segmented into large enterprises and small and medium-sized enterprises. Based on the component, the market is sub-segmented into solutions and services. Based on the application, the market is sub-segmented into network protection, endpoint protection, email protection, database protection, and web protection. Furthermore, based on industry vertical, the market is sub-segmented into government and defense, it and telecom, BFSI, retail, healthcare, education, and others (transportation and logistics, and media and entertainment). The cloud subcategory is expected to capture a significant portion of the market share within the deployment segment. The growth can be attributed to the owing that cloud services are widely used in a variety of businesses, with anti-ransomware capabilities integrated to satisfy a wide range of cybersecurity requirements. For instance, in May 2020, Alibaba Cloud Security Center released an anti-ransomware feature to help customers defend against ransomware on the cloud.

The Solution Sub-Segment is Anticipated to Hold a Considerable Share of the global Ransomware Protection Market

Among the components, the solution sub-segment is expected to hold a considerable share of the global ransomware protection market. The segmental growth is attributed to the growing implementation of protection solutions by companies to meet regulatory demands. As a result there is growing demand for ransomware solutions and accordingly companies are launching new and innovative solutions to meet this growing demands. For instance, in July 2021, GLESEC launched its ransomware protection Solution to address a growing concern for organizations of all types. The unique package combines cybersecurity services to prevent and address the risk of ransomware.

Regional Outlook

The global ransomware protection market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Europe is anticipated to hold a prominent share of the market across the globe, owing to e-commerce's growing market dominance and rising reliance on online purchases and services.

Global Ransomware Protection Market Growth by Region 2024-2031

global ransomware protection market growth by region

The North American Region is Expected to Grow at a Significant CAGR in the global Ransomware Protection Market

Among all regions, the North American region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the increasing ransomware concerns in the region. The company's acceptance into North America arrives at an appropriate time, amid the region's increasing concerns about ransomware. The frequency and severity of attacks in North America have increased the need for modern cybersecurity solutions. Furthermore, manufacturers are focusing on launching to cater to the demand for the product. For instance, in May 2023, BullWall recently entered into the North American market as part of its expansion strategy. The company offers a fully automated and proprietary last line of defense against ransomware, that has been employed by essential enterprises in Europe, including healthcare, education, and government.

Market Players Outlook

The major companies serving the ransomware protection market include Broadcom, Inc., Cisco Systems, Inc., FireEye, Inc., Malwarebytes, McAfee, LLC. and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in March 2023, Huawei collaborated with IDC to develop the industry's first multilayer DC ransomware protection solution, showcasing best practices for multilayer protection systems against ransomware attacks.

The Report Covers

  • Market value data analysis of 2023 and forecast to 2031.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global ransomware protection market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies. Competitive strategies by identifying ‘who-stands-where’ in the market.

1. Report Summary

Current Industry Analysis and Growth Potential Outlook

1.1. Research Methods and Tools

1.2. Market Breakdown

1.2.1. By Segments

1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report

2.2. Analyst Insight & Current Market Trends

2.2.1. Key Findings

2.2.2. Recommendations

2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis

3.2. Acronis International GmbH

3.2.1. Overview

3.2.2. Financial Analysis 

3.2.3. SWOT Analysis

3.2.4. Recent Developments

3.3. AO Kaspersky Lab

3.3.1. Overview

3.3.2. Financial Analysis 

3.3.3. SWOT Analysis

3.3.4. Recent Developments

3.4. Barracuda Networks, Inc.

3.4.1. Overview

3.4.2. Financial Analysis 

3.4.3. SWOT Analysis

3.4.4. Recent Developments

3.5. Key Strategy Analysis

4. Market Segmentation

4.1. Global Ransomware Protection Market by Deployment Mode

4.1.1. On-Premise

4.1.2. Cloud

4.2. Global Ransomware Protection Market by Organization Size

4.2.1. Large Enterprises

4.2.2. Small and Medium-sized Enterprises (SMEs)

4.3. Global Ransomware Protection Market by Component

4.3.1. Solution

4.3.2. Components

4.4. Global Ransomware Protection Market by Application

4.4.1. Network Protection

4.4.2. Endpoint Protection

4.4.3. Email Protection

4.4.4. Database Protection

4.4.5. Web Protection

4.5. Global Ransomware Protection Market by Industry Vertical 

4.5.1. Government and Defense

4.5.2. IT and Telecom

4.5.3. BFSI

4.5.4. Retail 

4.5.5. Healthcare

4.5.6. Education

4.5.7. Others (Transportation and Logistics, Media and Entertainment)

5. Regional Analysis

5.1. North America

5.1.1. United States

5.1.2. Canada

5.2. Europe

5.2.1. UK

5.2.2. Germany

5.2.3. Italy

5.2.4. Spain

5.2.5. France

5.2.6. Rest of Europe 

5.3. Asia-Pacific

5.3.1. China

5.3.2. India

5.3.3. Japan

5.3.4. South Korea

5.3.5. Rest of Asia-Pacific 

5.4. Rest of the World

6. Company Profiles 

6.1. Broadcom, Inc.

6.2. Check Point Software Technologies Ltd.

6.3. Cisco Systems, Inc.

6.4. CrowdStrike, Inc. 

6.5. CyberArk Software Ltd.

6.6. FireEye, Inc.

6.7. Fortinet, Inc.

6.8. Malwarebytes

6.9. McAfee, LLC.

6.10. Palo Alto Networks, Inc. 

6.11. SentinelOne, Inc.

6.12. SonicWall, Inc. 

6.13. Sophos Ltd.

6.14. Trend Micro Inc.

6.15. Varonis Systems, Inc. 

6.16. Zscaler, Inc.

1. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2023-2031 ($ MILLION)

2. GLOBAL ON-PREMISES-BASED RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

3. GLOBAL CLOUD-BASED RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

4. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE, 2023-2031 ($ MILLION)

5. GLOBAL RANSOMWARE PROTECTION FOR LARGE ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

6. GLOBAL RANSOMWARE PROTECTION FOR SMALL AND MEDIUM-SIZED ENTERPRISES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

7. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)

8. GLOBAL RANSOMWARE PROTECTION SOLUTIONS MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

9. GLOBAL RANSOMWARE PROTECTION SERVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

10. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)

11. GLOBAL RANSOMWARE FOR NETWORK PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

12. GLOBAL RANSOMWARE FOR ENDPOINT PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

13. GLOBAL RANSOMWARE FOR EMAIL PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

14. GLOBAL RANSOMWARE FOR DATABASE PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

15. GLOBAL RANSOMWARE FOR WEB PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

16. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)

17. GLOBAL RANSOMWARE PROTECTION FOR GOVERNMENT AND DEFENSE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

18. GLOBAL RANSOMWARE PROTECTION FOR IT AND TELECOM MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

19. GLOBAL RANSOMWARE PROTECTION FOR BFSI MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

20. GLOBAL RANSOMWARE PROTECTION FOR RETAIL MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

21. GLOBAL RANSOMWARE PROTECTION FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

22. GLOBAL RANSOMWARE PROTECTION FOR EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

23. GLOBAL RANSOMWARE PROTECTION FOR OTHER INDUSTRY VERTICALS MARKET RESEARCH AND ANALYSIS BY REGION,2023-2031 ($ MILLION)

24. GLOBAL RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

25. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)

26. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2023-2031 ($ MILLION)

27. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE 2023-2031 ($ MILLION)

28. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)

29. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)

30. NORTH AMERICAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)

31. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)

32. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2023-2031 ($ MILLION)

33. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE 2023-2031 ($ MILLION)

34. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)

35. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)

36. EUROPEAN RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)

37. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2023-2031 ($ MILLION)

38. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2023-2031 ($ MILLION)

39. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE 2023-2031 ($ MILLION)

40. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)

41. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)

42. ASIA-PACIFIC RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)

43. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY REGION, 2023-2031 ($ MILLION)

44. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY DEPLOYMENT MODE, 2023-2031 ($ MILLION)

45. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY ORGANIZATION SIZE 2023-2031 ($ MILLION)

46. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2023-2031 ($ MILLION)

47. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2023-2031 ($ MILLION)

48. REST OF THE WORLD RANSOMWARE PROTECTION MARKET RESEARCH AND ANALYSIS BY INDUSTRY VERTICAL, 2023-2031 ($ MILLION)

1. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY DEPLOYMENT MODE, 2023 VS 2031 (%)

2. GLOBAL ON-PREMISES-BASED RANSOMWARE PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

3. GLOBAL CLOUD-BASED RANSOMWARE PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

4. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY ORGANIZATION SIZE, 2023 VS 2031 (%)

5. GLOBAL RANSOMWARE PROTECTION FOR LARGE ENTERPRISES MARKET SHARE BY REGION, 2023 VS 2031 (%)

6. GLOBAL RANSOMWARE PROTECTION FOR SMALL AND MEDIUM-SIZED ENTERPRISES MARKET SHARE BY REGION, 2023 VS 2031 (%)

7. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY COMPONENT, 2023 VS 2031 (%)

8. GLOBAL RANSOMWARE PROTECTION SOLUTIONS MARKET SHARE BY REGION, 2023 VS 2031 (%)

9. GLOBAL RANSOMWARE PROTECTION SERVICES MARKET SHARE BY REGION, 2023 VS 2031 (%)

10. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY APPLICATION, 2023 VS 2031 (%)

11. GLOBAL RANSOMWARE FOR NETWORK PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

12. GLOBAL RANSOMWARE FOR ENDPOINT PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

13. GLOBAL RANSOMWARE FOR EMAIL PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

14. GLOBAL RANSOMWARE FOR DATABASE PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

15. GLOBAL RANSOMWARE FOR WEB PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

16. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY INDUSTRY VERTICAL, 2023 VS 2031 (%)

17. GLOBAL RANSOMWARE PROTECTION FOR GOVERNMENT AND DEFENSE MARKET SHARE BY REGION, 2023 VS 2031 (%)

18. GLOBAL RANSOMWARE PROTECTION FOR IT AND TELECOM MARKET SHARE BY REGION, 2023 VS 2031 (%)

19. GLOBAL RANSOMWARE PROTECTION FOR BFSI MARKET SHARE BY REGION, 2023 VS 2031 (%)

20. GLOBAL RANSOMWARE PROTECTION FOR RETAIL MARKET SHARE BY REGION, 2023 VS 2031 (%)

21. GLOBAL RANSOMWARE PROTECTION FOR HEALTHCARE MARKET SHARE BY REGION, 2023 VS 2031 (%)

22. GLOBAL RANSOMWARE PROTECTION FOR EDUCATION MARKET SHARE BY REGION, 2023 VS 2031 (%)

23. GLOBAL RANSOMWARE PROTECTION FOR OTHER INDUSTRY VERTICALS MARKET SHARE BY REGION, 2023 VS 2031 (%)

24. GLOBAL RANSOMWARE PROTECTION MARKET SHARE BY REGION, 2023 VS 2031 (%)

25. US RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

26. CANADA RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

27. UK RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

28. FRANCE RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

29. GERMANY RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

30. ITALY RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

31. SPAIN RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

32. REST OF EUROPE RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

33. INDIA RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

34. CHINA RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

35. JAPAN RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

36. SOUTH KOREA RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

37. REST OF ASIA-PACIFIC RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)

38. REST OF THE WORLD RANSOMWARE PROTECTION MARKET SIZE, 2023-2031 ($ MILLION)