Global Advanced Persistent Threat (APT) Protection Market is

On Oct 27, 2021

Advanced Persistent Threat (APT) Protection Market by Deployment Model (On-Premise and Cloud), by Service (Professional Services and Managed Services), by Organization Size, by Solution, Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2021 to 2028

Newark, NJ, Oct. 27, 2021 (GLOBE NEWSWIRE) — As per the report published by Fior Markets, the global advanced persistent threat (APT) protection market is expected to grow from USD 5.8 billion in 2020 to USD 21.88 billion by 2028, at a CAGR of 17.45% during the forecast period 2021-2028.

Certain factors are boosting the growth of the global advanced persistent threat (APT) protection market. Some of them include increasingly reported APT attacks, increasing digitization & cloud migration, rise in in-laws for cyber security & government support, increased occurrence of cyber security threats & data breaches, growing cloud-based security solutions, and the proliferation of cloud-based APT protection services & solutions. In addition to this, the increasing protection breaches & cyber-attacks due to the pandemic is another driving factor of the global advanced persistent threat (APT) protection market. The cyber threats are impeding the productivity of companies & damaging critical IT infrastructure & sensitive data of businesses. Due to the rapid growth in digital transactions over industry verticals, there is an expansion in the frequency of cybercrimes. The development in enterprise data leakages or data breaches fuels the market for cyber security services & products. This rise is attributed to technologies like ML, which assists attackers in building several various versions of spiteful codes each day.

Advanced persistent threat (APT) protection refers to a set of spiteful activities designed to penetrate a company’s computing resources to illicitly gain information & ultimately cause damage to the target organization. The foremost objective behind an APT attack is to steal as much data as possible instead of causing damage to the present network & disrupt the network operations. There are a few APT attacks that require constant administration due to their complexity. These attacks target organizations with highly classified information like government institutions & financial companies. The features of the advanced persistent threat (APT) are that the APT solutions provide complete life-cycle security against zero-day & advanced persistent threats with an exclusive in-depth network defense framework.

The global advanced persistent threat (APT) protection market is expected to witness significant growth due to the advanced constant threat-protection system’s cyber security & data protection demand. The factors impeding the market growth are the diverse nature of security threats & lack of subject matter experts related to APT. In addition to this, the major restraining factor for developing the advanced persistent threat (APT) protection platform is…