The Latin America, Middle East and Africa Advanced Persistent Threat (APT) Protection would witness market growth of 23.5% CAGR during the forecast period (2020-2026).
Advanced persistent threat (APT) is a kind of network breach by which unlawful access can be gained to extremely confidential info. The information is under the continuous threat of exploitation, and in order to protect them, ATP protection system is used worldwide. These systems help to secure the network and shield the records from getting misused. These protection solutions are largely used in financial and government institutions. Due to reasons such as data protection and cybersecurity, demand for this protection system is seeing rapid growth in the market. The main factors that are driving the market include the growing number of security breaches and also advanced cyberattacks like zero-day exploits, malware, persistent threats, and ransomware, stringent government guidelines towards the implementation of APT protection policies, and also propagation of cloud-based APT protection services and solutions.
Advancements in technology reduce the prolonged period in the detection of the attacks also support the market growth rate of advanced persistent threats during the study period. Decreasing the time from months to weeks and then to days will cause less damage to sensitive info and track the access of systems and networks. Advanced cyber-attacks are likely to emerge in the coming years, which will increase the exploitation and malware clearly being capable of accessing in the association may hamper the data security. A growing number of false flags, and a rising number of attackers will lead to an upsurge in the ATP industry during the forecast period.
Based on Component, the market is segmented into Solution and Services. Solutions segment is further classified into Security Information and Event Management (SIEM), Endpoint Protection, Intrusion Detection System/ Intrusion Prevention System (IDS/ IPS), Next-Generation Firewall, Sandboxing, and Others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Deployment Type, the market is segmented into Cloud and On-premise. Based on End User, the market is segmented into BFSI, Retail & Ecommerce, Government & Defense, Healthcare, Telecom & IT, Energy & Utilities and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Cisco Systems, Inc., Palo Alto Networks, Inc., Fortinet, Inc., Dell Technologies, Inc. (VMware, Inc.), FireEye, Inc., Trend Micro, Inc., ESET, spol. s.r.o., McAfee, LLC and Sophos Group PLC (Thoma Bravo).
Scope of the Study
Market Segments covered in the Report:
o Security Information and Event Management (SIEM)
o Endpoint Protection
o Intrusion Detection System/ Intrusion Prevention System (IDS/ IPS)
o Next-Generation Firewall
By Organization Size
• Large Enterprises
• Small & Medium Enterprises
By Deployment Type
By End User
• Retail & Ecommerce
• Government & Defense
• Telecom & IT
• Energy & Utilities
• Saudi Arabia
• South Africa
• Rest of LAMEA
• Microsoft Corporation
• Cisco Systems, Inc.
• Palo Alto Networks, Inc.
• Fortinet, Inc.
• Dell Technologies, Inc. (VMware, Inc.)
• FireEye, Inc.
• Trend Micro, Inc.
• ESET, spol. s.r.o.
• McAfee, LLC
• Sophos Group PLC (Thoma Bravo).
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United Arab Emirates
Number Of Enterprises
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