Business

Global network security software market is set to witness a healthy CAGR of 11.3% in the forecast period of 2019- 2026

Global network security software market is set to witness a healthy CAGR of 11.3% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of cloud based security technologies and integration of advanced deep learning and machine learning capabilities in network security software are the factor for the growth of this market.

Global Network Security Software Market By Component (Solutions, Services), Solution (Firewall, Antivirus/Antimalware, Network Access Control, Data Loss Prevention, Intrusion Detection System/Intrusion Prevention System, Secure Web Gateways, Distributed Denial-Of-Service Mitigation, Unified Threat Management, Vulnerability Scanning, Sandboxing, Other), Service (Professional Services, Managed Services), Deployment Type (Cloud, On- Premises), Organization Size (Small and Medium-Sized Enterprises, Large Enterprises), Vertical (Aerospace and Defense, Government, Banking, Financial Services, and Insurance; IT and Telecommunication, Healthcare, Retail, Manufacturing, Energy and Utilities, Others), Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2026.

To learn more about the global trends impacting the future of market research, download free sample: https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-network-security-software-market

Market Analysis: Global Network Security Software Market

Global network security software market is set to witness a healthy CAGR of 11.3% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of cloud based security technologies and integration of advanced deep learning and machine learning capabilities in network security software are the factor for the growth of this market.

Market Definition: Global Network Security Software Market

Network security software is specially designed software whose main function is to increase the safety of the software. There are many distinct kinds of network safety software that assist protect transit information, rest information, and other network configuration components. These instruments can concentrate on endpoint safety, where machine network data is exhibited, or internal security, where there are distinct threats within the network itself. They are widely used in industries such as government, BFSI, aerospace, healthcare, manufacturing, energy &utilities and others.

Market Drivers:

  • Increasing network security and privacy concerns will drive this market growth
  • Strict regulations and norms also enhances the growth of this market
  • Growing demand for network security software in government sector acts as a market driver
  • Rising number of SME will also increase the adoption of network security software

Market Restraints:

  • Complexity associated with the budget acts as a restricting factor for this market growth
  • High investment cost also hinders the growth of this market

Segmentation: Global Network Security Software Market

By Component

  • Solutions
  • Services

By Solution

  • Firewall
  • Antivirus/Antimalware
  • Network Access Control
  • Data Loss Prevention
  • Intrusion Detection System/Intrusion Prevention System
  • Secure Web Gateways
  • Distributed Denial-Of-Service Mitigation
  • Unified Threat Management
  • Vulnerability Scanning
  • Sandboxing
  • Other

By Service

  • Professional Services
    • Design and Implementation
    • Consulting
    • Training and Education
    • Support and Maintenance
  • Managed Services

By Deployment Type

  • Cloud
  • On- Premises

By Organization Size

  • Small and Medium-Sized Enterprises
  • Large Enterprises

By Vertical

  • Aerospace and Defense
  • Government
  • Banking, Financial Services, and Insurance
  • IT and Telecommunication
  • Healthcare
  • Retail
  • Manufacturing
  • Energy and Utilities
  • Others

Key Developments in the Market:

  • In February 2019, Symantec Corp announced the acquisition of Luminate Security. The Secure Access CloudTM technology from Luminate further expands the authority of the Integrated Cyber Defense Platform from Symantec to customers as they access workloads and apps irrespective of where those workloads are deployed or what infrastructure they are accessed through. This acquisition will help the company to strengthen their portfolio and provide better solution to their customers
  • In February 2019, Micro Focus announced the acquisition of Interset which helps the company to expand their security, risk & governance portfolio. This will help the company to assist their clients to validate and evaluate risks rapidly and precisely as they transform their companies digitally. This integration will help the company to provide good protection range and meet the need and requirement of the customer

Competitive Analysis

Global network security software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of network security software market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request Detailed TOC:https://www.databridgemarketresearch.com/toc?dbmr=global-network-security-software-market

Major Market Competitors/Players

Few of the major competitors currently working in the global network security software market are Cisco Systems, SolarWinds Worldwide, LLC., IBM Corporation, Trend Micro Incorporated., Symantec Corporation, FireEye, Inc., Avast Software s.r.o, Comodo Security Solutions, Inc., Tenable, Inc., Armor Defense Inc, Torrid Networks, Fortinet, Inc, WatchGuard Technologies, Inc., FireMon, LLC., GFI Software, Bitdefender., Webroot Inc., Qualys, Inc., Juniper Networks, Inc, AT&T Intellectual Property., among others.

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:
Data Bridge Market Research
Office Number 402, Amanora Chambers, Magarpatta Road, Hadapsar
Pune – 411028 Maharashtra, India
US: +1-888-387-2818
UK: +44-208-089-1725
Hong Kong: +852-8192-7475
Email: [email protected]
Website: https://www.databridgemarketresearch.com/

 

Report Rating
Close