A new market study, titled “Network Security Appliance Market”
has been featured on Market Research Future which is expected to reach a valuation of USD12.69 Billion with a CAGR of 7.82%
during the forecast
period (2018–2023).
Top Impacting Factors
MRFR identifies that rising cyber-attacks and cybercrimes, mounting vulnerabilities in SS7 are the substantial drivers that help in swelling the growth of the network security appliance market. The study also focuses on the fact that certain factors such as heightening cyber-crime, implementation of bring-your-own-device, and adoption of advance in technology will add new opportunities for this market in the coming years.
Industry
Players
The well-known players in network security appliance market are listed as Palo Alto Networks, Inc., Cisco Systems, Inc., Check Point Software Technologies Ltd., Fortinet, Inc., Sophos Ltd., Symantec Corporation, Forcepoint LLC, Juniper Networks, Inc., and Barracuda Networks, Inc.
Segmentation of Market
The global network security appliance market has been further
segmented among components, industry, and verticals.
In terms of component segment, the market has included
visibility, product, analytics, and management software and services. The
products segment is the unified threat management (UTM), next-generation
firewalls (NGFWs), intrusion detection system (IDS), firewalls, and intrusion
prevention system (IPS), sandboxing, distributed denial of service (DDoS)
protection, and web security. The services segment is further bifurcated among
professional and managed services.
In terms of industry vertical segment, the market has
included government and defense, BFSI, healthcare, IT and telecom, energy and
utilities, retail, manufacturing, and others.
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Regional Analysis
The geographical breakdown of the global network security
appliance market is studied for the main regions of Europe, North America, Asia-Pacific,
and the rest of the world.
The market in the North America region is anticipated to be
the most significant contributor in the network security appliance market in
the assessment period. North America region is the most advanced region in terms
of infrastructure, technology, and cybersecurity solutions adoption. The
incidence of significant vendors and faster adoption of new network security
solutions such as NGFW and DDoS protection motivates the network security
appliance market in the North America region.
The market in the Asia-Pacific region is likely to expand at
the fastest rate during the assessment period. IT & telecom sector
motivates the network security appliance market in the Asia-Pacific region.
Asia-pacific is a financially and technologically developed region with
countries such as China, Japan, and India.
Major Highlights of TOC Covers:
1. Executive Summary
2. Key Business Trends
3. Regional Trends and Growth
4. Product Trends
5. End-use Trends
6. Definition and Forecast Parameters
7. Network security appliance Market Segmentation
8. Network security appliance Market Landscape
9. Vendor Matrix
10. Company Profiles
11. Business Overview
12. Financial Data
13. Product Landscape
14. Strategic Outlook
More…
If you have any requirements, let know and we will customize the report
according to your need.
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