MarkNtel Advisors recently published a report, titled, ” GCC Ransomware Protection Market By Component (Solution, Services), By Deployment Mode (On-premise, Cloud), By Organization Size (Small & Medium Enterprises, Large Enterprises), By Application (Network Protection,Endpoint Protection, Email Protection, Database Protection, Web Protection), By Industry (Government & Defence, BFSI, IT & Telecom, Healthcare & Life Sciences, Education,. As per as the report The GCC Ransomware Protection market is projected to grow at a CAGR of around 8.23% during the forecast period, i.e., 2023-28.
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Possible Restraint: Lack of Awareness Among Organizations & Individuals
In the GCC countries, corporate organizations, especially SMEs, have inadequate investment as these businesses are not well aware of the consequences of data theft & ransomware attacks. The organizations are not focused on solutions such as anti-malware software, employee training programs, and backup & recovery systems, leaving them vulnerable to ransomware attacks.
Moreover, the slow adoption of ransomware protection solutions is due to the least or minimal awareness among individuals & organizations about ransomware attacks or their prevalence. Owing to this, the companies are lagging & are not prioritizing the implementation of the necessary security controls or delaying the adoption of updated ransomware protection technologies & practices, which can result in increased vulnerability to ransomware attacks, hence impeding the market in the future.
Leading Companies in GCC Ransomware Protection Market:
Acronis International GmbH, Help AG, Spire Solutions, Trend Micro Incorporated, Fortinet, Inc., AO Kaspersky Lab, Sophos Ltd., McAfee, LLC, Check Point Software Technologies Ltd., Palo Alto Networks, Others.
GCC Ransomware Protection Market Segmentation:
By Component
-Solution
-Standalone anti-ransomware software
-Secure Web Gateways
-Application Control
-IDS/IPS
-Web Filtering
-Threat Intelligence
-Services
-Professional Services
-Consulting
-Training and Education
-Support and Maintenance
-Managed Services
By Deployment Mode
-On-premise
-Cloud
By Organization Size
-Small & Medium Enterprises
-Large Enterprises
By Application
-Network Protection
-Endpoint Protection
-Email Protection
-Database Protection
-Web Protection
By Industry
-Government & Defence
-BFSI
-IT & Telecom
-Healthcare & Life Sciences
-Education
-Energy & Utilities
-Retail
-Others (Manufacturing, Media and Entertainment, Transportation, etc.)
Get Full Access Of GCC Ransomware Protection Market Report : https://www.marknteladvisors.com/research-library/gcc-ransomware-protection-market.html
By Country
-Saudi Arabia
-The UAE
-Qatar
-Kuwait
-Bahrain
-Oman.
Key questions answered in the GCC Ransomware Protection Market are:
- What is GCC Ransomware Protection Market?
- What was the market size in 2023?
- What is the growth rate of the GCC Ransomware Protection Market?
- Which are the factors expected to drive the market growth?
- What are the different segments of the GCC Ransomware Protection Market?
- What segments are covered in the Market?
- Who are the key players in the GCC Ransomware Protection Market?
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