Ransomware Protection Market
                     Ransomware Protection Market projected to amplify growth by 2026 
Market Overview 
Ransomware protection refers to security against malicious cryptovirology software that prevents users 
from accessing their data or threaten to make their private information public unless a ransom is paid 
for the same. Utilization of cryptocurrencies such as Bitcoin and Ukash makes the tracking down of 
transaction extremely difficult, providing another hurdle for the anti-cybercriminal bodies to take 
appropriate actions against them. 
Some of the worst incidences of ransomware attacks reported in 2017 included the NotePetya, 
WannaCry, Locky, CrySis, and Nemucod. This has led to losses of several million dollars in revenue. For 
instance, according to TechRepublic Cybersecurity Insider press release in October 2017, the outbreak of 
NotPetya cost Merck (pharmaceutical company) over US$ 300 million in Q3 alone, and is expected to 
cost near about the same amount in the following quarter. Requirement to reduce high financial losses 
due to loss of high valued and confidential information has spurred global demand for these solutions 
for data security and is anticipated to fuel the ransomware protection market over the forecast period. 
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Market Dynamics 
Adoption of advanced solutions such as cloud operated robotic systems in manufacturing industries, 
autonomous and connected automotive infrastructure, smart cities and smart healthcare infrastructures 
are among the major developments that will depend on internet connectivity and data communication. 
Security threats from any form of malware can lead to substantial obstruction in the operation of these 
systems. Requirement to address these issues and thwart any threats from ransomware attacks will 
provide strong growth prospects to the ransomware protection market players. 
These malwares are commonly delivered through unauthorized mail attachments or links which can 
bypass the conventional security firewalls and antivirus applications. Owing to these delivery modes of 
malwares, requirement of threat intelligence and web filtering solutions are expected to witness highest 
demands over the near future in the solution segments. Advanced internet infrastructure and high 
inclination of consumers towards faster adoption of technologies such as cloud computing in the U.S. has 
made the country increasingly vulnerable to such threats. Moreover, presence of significant number of 
fortune companies in the country makes it highly vulnerable to malicious attacks. This inadvertently 
creates a highly conducive environment for growth of the ransomware protection market globally during 
forecast period. 
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Chief participants in the global ransomware protection market include Microsoft Corporation, Sophos 
Ltd., Trend Micro Incorporated, Symantec Corporation, Kaspersky Lab, Malwarebytes Corp, McAfee Inc., 
Avast Software, Cisco System Inc., and Webroot Inc.  
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