Network Security Market Research 2020: Region Wise Analysis of Top Players in Market by Its Types and Application
Global Network Security Market Forecast to 2027
The
Network
Security Market size
is anticipated to register at a CAGR of 10.2%, growing from USD 168.27 billion
in 2019 to attain a valuation of USD 273.58 billion by 2027. The market growth
is majorly driven by the requirement for stringent data protection and
increasing incidences of cyber-terrorism. Due to the rising incidences of
hacking and data breaching, the market for network security has been gaining
traction over the last decade. Due to the growing virtualization and digital
transformation, the need for network security solutions for cloud technology
and BYOD is increasing exponentially. Network security is a term that covers a
broad spectrum of services, such as a multitude of processes, devices, and
technologies. Essentially it is a set of configurations and commands designed
to protect and maintain the integrity, confidentiality, and accessibility of
the networks and data through the incorporation of stringent software and
hardware services.
The
report also covers the impact of the COVID-19 pandemic on the Network Security
market and major segments. The pandemic has affected every industry vertical
either positively or negatively. The report discusses in detail the changes in
the demands and trends and the major challenges of the market created due to
the pandemic. The report also offers a thorough current and future analysis of
the impact of the COVID-19 pandemic on the overall growth of the market.
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The
report presents a panoramic view of the competitive landscape of the Network
Security market, covering details about the key manufacturers and companies,
price analysis, revenue estimation, gross profit margins, business expansion
plans, and other vital details that offers the readers deep insights into each
company operating in the industry. The report also focuses on strategic
alliances in the Network Security market, such as mergers and acquisitions,
joint ventures, product launches, brand promotions, collaborations, licensing
agreements, partnerships, corporate and government deals, and others.
Top Players Analyzed in the Report are:
Aruba
Networks, Symantec Corp., McAfee, Juniper Solutions, Ruckus, Honeywell,
Fortinet, Motorola Solutions, Cisco Systems Inc., Sophos Ltd., Brocade
Communications Systems Inc., Aerohive, ADT Security Services, among others.
By Product (Revenue, USD Million; 2017–2027)
Intrusion
Prevention System (IPS)
Application
Control
URL
Filtering
Anti-Bot
Web
Security
Anti-Spam
and Email Security
Acceleration
and Clustering
By Service (Revenue, USD Million; 2017–2027)
Managed
Security Services
Security
Operation Services
Consulting
Services
By Industry Vertical (Revenue, USD Million; 2017–2027)
Manufacturing
Retail
Aerospace
and Defense
Healthcare
Telecommunication
and IT
Government
and Utilities
Banking
financial services and insurance (BFSI)
By Deployment Type (Revenue, USD Million; 2017–2027)
On-Premise
Hosted
Hybrid.
Regional Analysis Covers:
North
America (U.S., Canada)
Europe
(U.K., Italy, Germany, France, Rest of EU)
Asia
Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin
America (Chile, Brazil, Argentina, Rest of Latin America)
Middle
East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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For
a comprehensive value chain analysis, the report covers the downstream and
upstream essentials of the Network Security market. It also pays special focus
on the growth process, macro- and micro-economic factors, raw material sources
analysis, and other technical data. The report further segments the market on
the basis of types, applications, and regions and offers insights into the
segments that have the highest penetration and profit margin, along with recent
developments based on geographies.
Benefits of Global Network Security Market Report:
·
Comprehensive analysis of
the changing market dynamics
·
A futuristic outlook on
different factors influencing the market
·
An 8-year forecast of the
market growth and expected revenue growth
·
Ease of understanding of
the market, key segments, and their future growth
·
In-depth analysis of the
competitive landscape to give an advantageous edge for the companies
·
Extensive insight into
the market with in-depth analysis of the segmentation
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you for reading our report. For further queries or inquiries about
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