- Ransomware Protection encompasses software solutions and services designed to prevent, detect, and respond to ransomware attacks, which encrypt data and demand payment for decryption. These solutions are critical for industries like healthcare, BFSI, and government to ensure data integrity and operational continuity.
- The demand for ransomware protection is significantly driven by the proliferation of ransomware-as-a-service (RaaS), the rise in digital transformation, and the increasing use of cryptocurrencies like Bitcoin for ransom payments.
- North America is expected to dominate the Ransomware Protection market due to the presence of major cybersecurity vendors and high adoption of advanced security solutions.
- Asia-Pacific is expected to be the fastest-growing region during the forecast period due to rising cybersecurity investments in countries like China and India.
