A new MarketsandMarkets report predicts that the global market for advanced persistent threat protection systems will climb in value from $3.9 billion this year to $8.7 billion in 2020.
The company said Oct. 14 the 17-percent compound annual growth rate over the five-year forecast period is due to increased demand for APT protection across several verticals amid a changing threat landscape.
Stricter government cyber regulations, the rise of sophisticated attacks and security technology advancements work to boost adoption of APT protection solutions, the market report stated.
According to MarketsandMarkets, the government and defense vertical will have the largest market share while North America will have the largest market size.
The report listed the following major vendors:
- Blue Coat Systems
- Intel Security
- Trend Micro