Advanced Persistent Threat Protection Market Size, Share, Growth Analysis, By Services(Professional and managed services), By Deployment(Cloud and on-premise), By Enterprise Size(Small and Medium Enterprises (SMEs) and large enterprises), By Region - Industry Forecast 2024-2031


Report ID: SQMIG45A2135 | Region: Global | Published Date: March, 2024
Pages: 197 |Tables: 84 |Figures: 76

Advanced Persistent Threat Protection Market Insights

Global Advanced Persistent Threat Protection Market size was valued at USD 5.5 billion in 2022 and is poised to grow from USD 6.62 billion in 2023 to USD 29.02 billion by 2031, growing at a CAGR of 20.3% during the forecast period (2024-2031).

The global Advanced Persistent Threat (APT) Protection market has witnessed substantial growth and development in recent years, driven by the increasing frequency and sophistication of cyber-attacks worldwide. APT Protection refers to a comprehensive set of security measures and solutions designed to defend against persistent and targeted cyber threats. This market is characterized by the rising adoption of APT Protection solutions across various industries, including government, defense, healthcare, banking, financial services, and insurance. Organizations are increasingly recognizing the need for advanced security measures to safeguard their sensitive data and critical infrastructure from persistent threats. One of the key factors fueling market growth is the growing number of advanced and persistent cyber threats, including malware, ransomware, phishing attacks, and data breaches. Companies are under increasing pressure to secure their networks and systems to ensure compliance with regulations such as the General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Moreover, the rapid adoption of cloud computing, Internet of Things (IoT) devices, and Bring Your Own Device (BYOD) policies has expanded the attack surface for cybercriminals, making organizations more vulnerable to APTs. Consequently, there is a growing need for APT Protection solutions that can safeguard these diverse and interconnected environments. The APT Protection market is characterized by intense competition, with numerous vendors offering a wide range of solutions and services. These solutions typically include threat intelligence, endpoint protection, network security, email security, and advanced analytics. Key market players are continuously innovating their offerings to stay ahead in the market and provide comprehensive protection against evolving threats. The global APT Protection market is witnessing robust growth due to the increasing prevalence of advanced and persistent cyber threats, stringent regulatory requirements, and the expanding attack surface created by emerging technologies.

US Advanced Persistent Threat Protection Market is poised to grow at a sustainable CAGR for the next forecast year.

Market Snapshot - 2024-2031

Global Market Size

USD 5.5 billion

Largest Segment

Professional

Fastest Growth

Professional

Growth Rate

20.3% CAGR

Global Advanced Persistent Threat Protection Market ($ Bn)
Country Share for North America Region (%)

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Advanced Persistent Threat Protection Market Segmental Analysis

Global Advanced Persistent Threat Protection Market is segmented by services, deployment, enterprise size and region. Based on services, the market can be segmented into Professional and managed services. Based on deployment, the market is segmented into cloud and on-premise. Based on enterprise size, the market is segmented into Small and Medium Enterprises (SMEs) and large enterprises. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Analysis by Services

The professional services sector held the largest market share in the APT Protection market. The increased adoption of these services can be attributed to the rising demand for enterprise risk assessment, penetration testing, physical security testing, and cyber security defense. Additionally, the shortage of skilled IT security professionals is driving organizations to seek professional services for employee training. Furthermore, organizations heavily rely on the expertise and advice of professional service providers who assess business requirements and potential risks, ensuring the implementation of cost-effective and suitable security solutions. These consultants offer comprehensive insights into existing infrastructure gaps and provide solutions to deter fraudulent activities, thus driving the demand for professional services.

The managed services segment is expected to experience significant growth during the forecast period. This growth is primarily driven by the increasing demand for IT security services to monitor and manage security solutions. Managed services offer a cost-effective alternative to internal teams managing the company's IT security workload. Moreover, managed service providers are dedicated to improving security operations and identifying threat patterns in anticipation of cyber attacks. Many service providers offer tailored services such as identity and response management, threat management, infrastructure, data, and cloud, enabling companies to enhance their security programs.

Analysis by Deployment

In the APT Protection market, the cloud-based segment dominated and held a major market share. Although cloud computing continues to evolve, cloud-based platforms are susceptible to cyber crimes and data breaches. Many enterprises opt for cloud computing due to the high costs associated with on-premise solutions. As a result, the adoption of cloud-based advanced threat management systems is expected to increase alongside the growing preference for cloud computing. The demand for cloud-based cybersecurity systems will also rise as more enterprises adopt cloud-based platforms for data sharing. The cost savings offered by cloud-based platforms drive commercial establishments and government agencies to migrate to cloud storage and choose cloud-based platforms, subsequently increasing the demand for cloud-based APT protection solutions.

The on-premise segment is projected to grow at a faster rate during the forecast period. Large-scale organizations prefer on-premise deployment as it grants them complete ownership of solutions and upgrades, ensuring optimum data security. Furthermore, on-premise deployment reduces reliance on third-party organizations and provides explicit monitoring and data protection. The inclination of organizations to maintain the confidentiality of in-house data will drive the demand for on-premise deployment in the coming years.

Global Advanced Persistent Threat Protection Market By Services

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Advanced Persistent Threat Protection Market Regional Insights

North America emerges as the dominant region in the APT Protection market. This can be attributed to several factors, including the high adoption rate of advanced security solutions, stringent regulatory frameworks, and the presence of major market players in the region. The robust cybersecurity infrastructure and increasing investments in research and development activities further contribute to North America's dominant position in the market.

On the other hand, Asia Pacific showcases the fastest-growing trend in the APT Protection market. The region is experiencing rapid digitization, expanding IT infrastructure, and a significant rise in cyber threats. Increasing awareness about the importance of data security, growing investments in cybersecurity measures, and the emergence of several startups focusing on APT Protection solutions contribute to the flourishing market in Asia Pacific. Additionally, the rising adoption of cloud computing, IoT devices, and digital transformation initiatives across industries further fuel the demand for APT Protection solutions in the region, leading to its fast-paced growth.

Global Advanced Persistent Threat Protection Market By Geography
  • Largest
  • Fastest

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Advanced Persistent Threat Protection Market Dynamics

Drivers

Increasing frequency and sophistication of cyber threats

  • One key driver for the Global Advanced Persistent Threat Protection Market is the increasing frequency and sophistication of cyber threats. As cyber attacks become more advanced and persistent, organizations are recognizing the need for robust APT Protection solutions to defend against these threats and safeguard their sensitive data and critical infrastructure.

Restraints

Shortage of skilled IT security professionals

  • A notable restraint for the Global Advanced Persistent Threat Protection Market is the shortage of skilled IT security professionals. The demand for APT Protection solutions is growing rapidly, but there is a scarcity of qualified professionals with expertise in implementing and managing these solutions. This shortage poses a challenge for organizations seeking to effectively deploy and maintain APT Protection measures, hindering market growth to some extent.

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Advanced Persistent Threat Protection Market Competitive Landscape

The Global Advanced Persistent Threat Protection Market is characterized by intense competition among various players offering a wide range of solutions and services. Market players focus on continuous innovation to stay ahead in the market and provide comprehensive protection against evolving threats. They offer a range of solutions including threat intelligence, endpoint protection, network security, email security, and advanced analytics. Additionally, these players emphasize tailored services, such as identity and response management, threat management, and infrastructure and cloud security, to cater to the specific needs of organizations. Partnerships, collaborations, and strategic acquisitions are commonly observed in the market as players aim to expand their product portfolios, enhance their technological capabilities, and gain a competitive edge. With the increasing demand for APT Protection solutions, market players are striving to differentiate themselves by offering advanced features, scalability, seamless integration, and efficient threat detection and response capabilities.

Top Player’s Company Profiles

  • Cisco Systems, Inc. (US)
  • Microsoft Corporation (US)
  • Broadcom, Inc. (US)
  • VMware (US)
  • Kaspersky Labs (Russia)
  • F-Secure (Finland)
  • Forcepoint (US)
  • CyberArk Software Ltd. (Israel)
  • Red Sift (UK)
  • WiJungle (India)
  • McAfee, LLC (US)
  • International Business Machines Corporation (US)
  • CrowdStrike (US)
  • Sophos (UK)
  • Palo Alto Networks (US)
  • Trend Micro Inc. (Japan)
  • Fortinet (US)
  • Symantec Corporation (US)
  • Check Point Software Technologies Ltd. (Israel)
  • FireEye, Inc. (US)

Recent Developments

  • In November 2022, VMwarе, a lеading providеr of cloud computing and virtualization tеchnology, unvеilеd VMwarе NSX 4.0.1.1, introducing significant updatеs in sеcurity, opеrations, and nеtworking capabilitiеs for privatе, public, and multi-cloud еnvironmеnts. Thе latеst rеlеasе еnablеs customеrs to еnhancе sеcurity pеrformancе, lеvеragе nеw nеtwork monitoring and troublеshooting fеaturеs to improvе flеxibility, and achiеvе bеttеr nеtwork obsеrvability. 

     

  • In May 2022, Cisco Systеms, Inc. madе a public announcеmеnt rеgarding thе availability of thе Cloud Controls Framеwork (CCF). Thе CCF is a comprеhеnsivе collеction of national and intеrnational sеcurity compliancе and cеrtification rеquirеmеnts consolidatеd into a singlе framеwork. This initiativе aims to assist organizations in strеamlining thе procеss of obtaining cloud sеcurity cеrtifications, ultimatеly lеading to significant rеsourcе savings.

     

  • In June 2021, Birlasoft, an IT sеrvicе company, еntеrеd into a partnеrship with Rеgulativ.ai, a cybеrsеcurity solution providеr, to dеvеlop an AI and ML-basеd cybеr-rеgulatory platform catеring to global BFSI (Banking, Financial Sеrvicеs, and Insurancе) customеrs. Thе collaborativе platform еnablеs financial institutions to gain a bеttеr undеrstanding of thеir cybеr rеgulatory compliancе risks and providеs actionablе rеports to mitigatе thеsе risks and еnsurе rеgulatory compliancе.

Advanced Persistent Threat Protection Key Market Trends

  • One key market trend in the Global Advanced Persistent Threat Protection Market is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. AI and ML are being integrated into APT Protection solutions to enhance threat detection and response capabilities. These technologies enable advanced analytics and automation, allowing organizations to detect and mitigate sophisticated threats more effectively. AI and ML algorithms can analyze vast amounts of data, identify patterns, and detect anomalies in real-time, enabling proactive threat prevention and faster incident response. The integration of AI and ML in APT Protection solutions helps organizations stay ahead of evolving cyber threats and strengthens their overall security posture.

Advanced Persistent Threat Protection Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

According to our Global Advanced Persistent Threat Protection Market analysis, the market is experiencing significant growth driven by the increasing frequency and sophistication of cyber threats. Organizations across various sectors are recognizing the need for robust solutions to defend against persistent and targeted attacks. The market is characterized by intense competition among key players offering a wide range of solutions and services, including threat intelligence, endpoint protection, network security, and advanced analytics. The professional services segment, such as risk assessment and penetration testing, is witnessing high demand. North America dominated the market, benefiting from advanced security measures, stringent regulations, and established market players. Asia Pacific is the fastest-growing region, driven by digitization, expanding IT infrastructure, and rising cyber threats. Key market trends include the adoption of AI and ML technologies for enhanced threat detection and response.

Report Metric Details
Market size value in 2023 USD 5.5 billion
Market size value in 2031 USD 29.02 billion
Growth Rate 20.3%
Forecast period 2024-2031
Forecast Unit (Value) USD Billion
Segments covered
  • Services
    • Professional and managed services
  • Deployment
    • Cloud and on-premise
  • Enterprise Size
    • Small and Medium Enterprises (SMEs) and large enterprises
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Cisco Systems, Inc. (US)
  • Microsoft Corporation (US)
  • Broadcom, Inc. (US)
  • VMware (US)
  • Kaspersky Labs (Russia)
  • F-Secure (Finland)
  • Forcepoint (US)
  • CyberArk Software Ltd. (Israel)
  • Red Sift (UK)
  • WiJungle (India)
  • McAfee, LLC (US)
  • International Business Machines Corporation (US)
  • CrowdStrike (US)
  • Sophos (UK)
  • Palo Alto Networks (US)
  • Trend Micro Inc. (Japan)
  • Fortinet (US)
  • Symantec Corporation (US)
  • Check Point Software Technologies Ltd. (Israel)
  • FireEye, Inc. (US)
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Advanced Persistent Threat Protection Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Advanced Persistent Threat Protection Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Advanced Persistent Threat Protection Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Advanced Persistent Threat Protection Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Advanced Persistent Threat Protection Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

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Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

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Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

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FAQs

Advanced Persistent Threat Protection Market size was valued at USD 5.5 billion in 2022 and is poised to grow from USD 6.62 billion in 2023 to USD 29.02 billion by 2031, growing at a CAGR of 20.3% during the forecast period (2024-2031).

The Advanced Persistent Threat Protection Market is characterized by intense competition among various players offering a wide range of solutions and services. Market players focus on continuous innovation to stay ahead in the market and provide comprehensive protection against evolving threats. They offer a range of solutions including threat intelligence, endpoint protection, network security, email security, and advanced analytics. Additionally, these players emphasize tailored services, such as identity and response management, threat management, and infrastructure and cloud security, to cater to the specific needs of organizations. Partnerships, collaborations, and strategic acquisitions are commonly observed in the market as players aim to expand their product portfolios, enhance their technological capabilities, and gain a competitive edge. With the increasing demand for APT Protection solutions, market players are striving to differentiate themselves by offering advanced features, scalability, seamless integration, and efficient threat detection and response capabilities. 'Cisco Systems, Inc. (US)', 'Microsoft Corporation (US)', 'Broadcom, Inc. (US)', 'VMware (US)', 'Kaspersky Labs (Russia)', 'F-Secure (Finland)', 'Forcepoint (US)', 'CyberArk Software Ltd. (Israel)', 'Red Sift (UK)', 'WiJungle (India)', 'McAfee, LLC (US)', 'International Business Machines Corporation (US)', 'CrowdStrike (US)', 'Sophos (UK)', 'Palo Alto Networks (US)', 'Trend Micro Inc. (Japan)', 'Fortinet (US)', 'Symantec Corporation (US)', 'Check Point Software Technologies Ltd. (Israel)', 'FireEye, Inc. (US)'

One key driver for the Advanced Persistent Threat Protection Market is the increasing frequency and sophistication of cyber threats. As cyber attacks become more advanced and persistent, organizations are recognizing the need for robust APT Protection solutions to defend against these threats and safeguard their sensitive data and critical infrastructure.

One key market trend in the Advanced Persistent Threat Protection Market is the increasing adoption of artificial intelligence (AI) and machine learning (ML) technologies. AI and ML are being integrated into APT Protection solutions to enhance threat detection and response capabilities. These technologies enable advanced analytics and automation, allowing organizations to detect and mitigate sophisticated threats more effectively. AI and ML algorithms can analyze vast amounts of data, identify patterns, and detect anomalies in real-time, enabling proactive threat prevention and faster incident response. The integration of AI and ML in APT Protection solutions helps organizations stay ahead of evolving cyber threats and strengthens their overall security posture.

North America emerges as the dominant region in the APT Protection market. This can be attributed to several factors, including the high adoption rate of advanced security solutions, stringent regulatory frameworks, and the presence of major market players in the region. The robust cybersecurity infrastructure and increasing investments in research and development activities further contribute to North America's dominant position in the market.

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