Ransomware Protection Market Expected To Account For US$ 33 Bn By 2017-2025
Ransomware attacks have touched a new high in the 21 st century and affected governments, corporates, and even the average citizen. Few are able to recover from this sustained attack to their confidential data in the event of a hit. Conventional firewalls and anti-virus software has been largely ineffective and only specialized ransomware protection software can offer a shield from this scourge. In a new report titled ‘Ransomware Protection Market: Global Industry Analysis (2012 – 2016) and Forecast (2017 – 2025)’ Persistence Market Research forecasts the global ransomware protection market to be worth just under US$ 33 Bn by end 2025 – recording a CAGR of 15.9% in terms of value. Global Ransomware Protection Market: Segmentation & Forecast The global ransomware protection market is segmented on the basis of Component into Solution (End Point Security Solution, Network Security Solution) and Service (Consulting Service, Support and Management Servic...