Ransomware Protection Market Size, Share, Opportunities, And Trends By Offering (Solution, Services), By Deployment Model (On-premise, Cloud), By Enterprise Size (Small, Medium, Large), By Application (Network Protection, Endpoint Protection, Database Protection, Others), By End-User Industry (BFSI, Communication and Technology, Retail, Government, Media and Entertainment, Others), And By Geography - Forecasts From 2025 to 2030
- Published : Nov 2024
- Report Code : KSI061612328
- Pages : 146
Ransomware Protection Market Size:
The Ransomware Protection Market is expected to grow from US$29.100 billion in 2025 to US$71.549 billion in 2030, at a CAGR of 19.71%.
Ransomware is a type of malware, which encrypts the files and folders present on one’s desktop or laptop to prevent access to important files by the victim. Ransomware protection is very important in today’s digital age as the personal files, pictures, documents, and financial information of people are all easily accessible to hackers. There are different types of Ransomware prevalent in the market such as Crypto malware, Lockers, Scareware, Doxware, RaaS, Mac Ransomware, and Ransomware on mobile devices.
Ransomware Protection Market Trends:
The global ransomware protection market is expected to witness significant growth as there is an increase in the demand for ransomware protection across industries making it a necessity in recent years. The inception of cryptocurrencies, such as Bitcoin, Etherium, has increased the demand for ransomware protection solutions, as the majority of the ransom is demanded in the form of cryptocurrency due to its untraceable nature. The industry is impacted by technological developments and has witnessed the advent of ransomware protection solutions for mobile devices as well as Personal Computers.
Ransomware uses encryption to lock people out of their own data. From the inception of software, there have always been attackers searching to exploit innocent people through their encrypted attacks. To curb this problem, Ransomware attaches itself to their data and prevents access to outsiders until the victim pays a ransom. This results in creating a cyber-hostage situation. In recent years, many companies have shifted to using cloud services to store their important information; this has created an opportunity for attackers to target any vulnerability.
The ransom results in creating distributed denial-of-service (DDoS) attacks until the ransom is paid or the data is lost permanently. For instance, in October 2018, Hong Kong's Cathay Pacific airlines were involved in one cyber breach incident where unauthorized access to the personal details of 9.4 million passengers was accessed. This caused huge losses to the airline and resulted in tarnishing its credibility. Despite the increased awareness about cyber-attacks and cyber-breaches, employees continue falling victim to social attacks. According to Verizon’s Data Breach Index Report, 2018, Financial pretexting and phishing amounted to 98% of social incidents caused by ransomware. Of the 93% of all breaches that were investigated, emails were found to be the entry point of 96%, of such cases. Companies globally are nearly three times more susceptible to suffering breaches through social attacks rather than via actual vulnerabilities.
This further emphasizes the need for ongoing employee cybersecurity education. This has led companies to look towards ransomware protection solutions and has also provided a significant rise in the solutions demand in the Global Ransomware Protection Market. To cater to the increasing demand for ransomware protection amongst companies, key market players such as McAfee Corp. has devised specialized antivirus and VPN solutions.
Ransomware Protection Market Geographical Outlook:
Countries like North America and Europe have been early adopters of new technologies as ransomware attacks were on the increase, and they hold a significant share of the market. The Asia Pacific market is projected to show an increase in growth during the forecast period and the industries in these regions are expected to grow rapidly. In the United States, the demand has been increasing as there have been several incidents of data encryption with the motive of generating a ransom for the decryption of the data.
The U.S. government has given priority to ransomware protection in its security agenda. The Cybersecurity and Infrastructure Security Agency (CISA) has been working towards the country’s digital defence, CISA has also warned organizations against ransomware attacks exploiting Microsoft Exchange's severe vulnerabilities.
The major segments to be affected by ransomware threats are healthcare, financial services, and government organizations. For instance, In March 2021, In India, The Maharashtra Industrial Development Corporation (MIDC) was a victim of a ransomware attack. The ransomware ”SYNack” impacted the applications and database servers hosted on Cloud DC and DR (ESDS) and local servers hosted at MIDC HQ in Mumbai by encrypting the data stored in these servers.
Ransomware Protection Market Segmentation Analysis:
The Global Ransomware Protection Market is segmented on the basis of Offering, Deployment method, Enterprise size, Mode of Application, End-User Industry, and Geography.
- On the basis of Offering, the global ransomware protection market can be segmented into Solutions and Services.
- On the basis of the Deployment method, the global ransomware protection market can be segmented into On-Premise and Cloud.
- On the basis of enterprise size, the global ransomware protection market can be segmented into Small, Medium, and Large.
- On the basis of the Mode of Application, the global ransomware protection market can be segmented into Network Protection, Endpoint Protection, Database Protection, and Others.
- On the basis of the End-User Industry, the global ransomware protection market can be segmented into BFSI, Communication and Technology, Retail, Government, Media and Entertainment, and Others.
- On the basis of Geography, the global ransomware protection market can be segmented into North America, South America, Europe, the Middle East, and Africa, and the Asia Pacific.
Ransomware Protection Market Growth Drivers:
- Increasing reliance on technology
The rising number of ransomware attacks and the increasing severity of these attacks is a key factors driving the growth of the market. Since businesses continue to venture online, the reliance on technology continues to increase, which in turn increases the losses associated with ransomware attacks in magnitude. The enterprises are increasing their focus to fortify their infrastructure against such losses owing to which a large amount of money is being poured by them into IT security, further, increasing the adoption of ransomware protection solutions and services; this, in turn, is boosting the growth of the market.
Ransomware Protection Market Restraints:
- Low Adoption
Despite ransomware gaining popularity across the globe, many developing nations have not adopted ransomware protection solutions and services yet. The major reason behind this is the lack of awareness regarding the grievous ransomware attacks. Another reason hindering the market growth is the huge investment in IT development by the companies of developing countries.
Ransomware Protection Market Competitive Insights:
Prominent/major key market players in the Global Ransomware Protection Market include McAfee Corp., U.S. NortonLifeLock Inc., Trend Micro, Inc., FirEeye, Inc., Sophos Group plc, Bitdefender SRL, Kaspersky Lab, Malwarebytes Inc., and Zscaler, Inc. The players in the Global Ransomware Protection Market are implementing various growth strategies to gain a competitive advantage over their competitors in this market.
Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the Global Ransomware Protection Market.
Ransomware Protection Market Scope:
| Report Metric | Details |
| Ransomware Protection Market Size in 2025 | US$29.100 billion |
| Ransomware Protection Market Size in 2030 | US$71.549 billion |
| Growth Rate | CAGR of 19.71% |
| Study Period | 2020 to 2030 |
| Historical Data | 2020 to 2023 |
| Base Year | 2024 |
| Forecast Period | 2025 – 2030 |
| Forecast Unit (Value) | USD Billion |
| Segmentation |
|
| Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
| List of Major Companies in Ransomware Protection Market |
|
| Customization Scope | Free report customization with purchase |
The ransomware protection market is analyzed into the following segments:
- By Offering
- Solution
- Services
- By Deployment Model
- On-premise
- Cloud
- By Enterprise Size
- Small
- Medium
- Large
- By Application
- Network Protection
- Endpoint Protection
- Database Protection
- Others
- By End-User Industry
- BFSI
- Communication and Technology
- Retail
- Government
- Media and Entertainment
- Others
- By Geography
- North America
- United States
- Canada
- Mexico
- Others
- South America
- Brazil
- Argentina
- Others
- Europe
- UK
- Germany
- France
- Italy
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Israel
- Others
- Asia Pacific
- Japan
- China
- India
- Australia
- Others
- North America
Frequently Asked Questions (FAQs)
The ransomware protection market is expected to reach a total market size of US$71.549 billion by 2030.
Ransomware Protection Market is valued at US$29.100 billion in 2025.
The ransomware protection market is expected to grow at a CAGR of 19.71% during the forecast period.
The North American region is anticipated to hold a significant share of the ransomware protection market.
Prominent key market players in the ransomware protection market include Sophos Group plc, Bitdefender SRL, Kaspersky Lab, Malwarebytes, Inc., Zscaler, Inc., among others.
1.Introduction
1.1.Market Definition
1.2.Market Segmentation
2.Research Methodology
2.1.Research Data
2.2.Assumptions
3.Executive Summary
3.1.Research Highlights
4.Market Dynamics
4.1.Market Drivers
4.2.Market Restraints
4.3.Porters Five Forces Analysis
4.3.1.Bargaining Power of Suppliers
4.3.2.Bargaining Power of Buyers
4.3.3.The threat of New Entrants
4.3.4.Threat of Substitutes
4.3.5.Competitive Rivalry in the Industry
4.4.Industry Value Chain Analysis
5.Global Ransomware Protection Market Analysis, By Offering
5.1.Solution
5.2.Services
6.Global Ransomware Protection Market Analysis, By Deployment Model
6.1.On-Premise
6.2.Cloud
7.Global Ransomware Protection Market Analysis, By Enterprise Size
7.1.Small
7.2.Medium
7.3.Large
8.Global Ransomware Protection Market Analysis, By Application
8.1.Network Protection
8.2.Endpoint Protection
8.3.Database Protection
8.4.Others
9.Global Ransomware Protection Market Analysis, By End-User Industry
9.1.BFSI
9.2.Communication and Technology
9.3.Retail
9.4.Government
9.5.Media and Entertainment
9.6.Others
10.Global Ransomware Protection Market Analysis, by Geography
10.1. Introduction
10.2. North America
10.2.1.North America Ransomware Protection Market Analysis, By Offering, 2020 to 2026
10.2.2.North America Ransomware Protection Market Analysis, By Deployment Method, 2020 to 2026
10.2.3.North America Ransomware Protection Market Analysis, By Enterprise Size, 2020 to 2026
10.2.4.North America Ransomware Protection Market Analysis, By Application, 2020 to 2026
10.2.5.North America Ransomware Protection Market Analysis, By End-User, 2020 to 2026
10.2.6.By Country
10.2.6.1. United States
10.2.6.2. Canada
10.2.6.3. Mexico
10.3.South America
10.3.1.South America Ransomware Protection Market Analysis, By Offering, 2020 to 2026
10.3.2.South America Ransomware Protection Market Analysis, By Deployment Method, 2020 to 2026
10.3.3.South America Ransomware Protection Market Analysis, By Enterprise Size, 2020 to 2026
10.3.4.South America Ransomware Protection Market Analysis, By Application, 2020 to 2026
10.3.5.South America Ransomware Protection Market Analysis, By End-User, 2020 to 2026
10.3.6.By Country
10.3.6.1. Brazil
10.3.6.2. Argentina
10.3.6.3. Others
10.4.Europe
10.4.1.Europe Ransomware Protection Market Analysis, By Offering, 2020 to 2026
10.4.2.Europe Ransomware Protection Market Analysis, By Deployment Method, 2020 to 2026
10.4.3.Europe Ransomware Protection Market Analysis, By Enterprise Size, 2020 to 2026
10.4.4.Europe Ransomware Protection Market Analysis, By Application, 2020 to 2026
10.4.5.Europe Ransomware Protection Market Analysis, By End-User, 2020 to 2026
10.4.6.
10.4.7.By Country
10.4.7.1. UK
10.4.7.2. Germany
10.4.7.3. France
10.4.7.4. Spain
10.4.7.5. Others
10.5.The Middle East and Africa
10.5.1.Middle East and Africa Ransomware Protection Market Analysis, By Offering, 2020 to 2026
10.5.2.Middle East and Africa Ransomware Protection Market Analysis, By Deployment Method, 2020 to 2026
10.5.3.Middle East and Africa Ransomware Protection Market Analysis, By Enterprise Size, 2020 to 2026
10.5.4.Middle East and Africa Ransomware Protection Market Analysis, By Application, 2020 to 2026
10.5.5.Middle East and Africa Ransomware Protection Market Analysis, By End-User , 2020 to 2026
10.5.6.By Country
10.5.6.1. Saudi Arabia
10.5.6.2. Israel
10.5.6.3. Others
10.6.Asia Pacific
10.6.1. Asia Pacific Ransomware Protection Market Analysis, By Offering, 2020 to 2026
10.6.2.Asia Pacific Ransomware Protection Market Analysis, By Deployment Method, 2020 to 2026
10.6.3. Asia Pacific Ransomware Protection Market Analysis, By Enterprise Size, 2020 to 2026
10.6.4.Asia Pacific Ransomware Protection Market Analysis, By Application, 2020 to 2026
10.6.5.Asia Pacific Ransomware Protection Market Analysis, By End-User, 2020 to 2026
10.6.6. By Country
10.6.6.1. Japan
10.6.6.2. China
10.6.6.3. India
10.6.6.4. Indonesia
10.6.6.5. Others
11.Competitive Environment and Analysis
11.1.Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
12.Company Profiles
12.1.McAfee Corp.
12.2.U.S. NortonLifeLock Inc.
12.3.Trend Micro, Inc.
12.4.FirEye, Inc.
12.5.Sophos Group plc
12.6.Bitdefender SRL
12.7.Kaspersky Lab
12.8.Malwarebytes, Inc.
12.9.Zscaler, Inc.
McAfee Corp.
U.S. NortonLifeLock Inc.
Trend Micro, Inc.
FirEye, Inc.
Bitdefender SRL
Kaspersky Lab
Malwarebytes, Inc.
Zscaler, Inc.
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