Cloud Sandbox Market Scope
Cloud Sandbox is a safe place or an environment, which enables the users to open or run a file without any interference or disturbing the devices they are on. These are used by software developers to test their code or a new program. In cybersecurity, the expertise uses this to test software which could end up being categorized as safe or unsafe. With the rising threat of Malware and Cyberthreats, increase the need for cloud sandbox. Moreover, the cloud sandboxing provides an additional layer of security to analyze threats and separate them from the network. Hence increasing need for security and protection from a data breach is driving the industry.
Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cloud Sandbox market throughout the predicted period.
Ceedo Technologies (Ireland), Check Point Software Technologies (Israel), Cisco Systems (United States), Forcepoint (United States), Fireeye (United States), Fortinet (United States), Juniper Networks (United States), Mcafee (United States) and Palo Alto Networks (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Sonicwall (United States), Sophos Group (United Kingdom), Symantec Corp (United States) and Zscaler (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
The study have segmented the market of Global Cloud Sandbox market by Type (Standalone Sandbox and Integrated Sandbox), by Application (Government and Defense, BFSI, IT and Telecom, Healthcare, Retail, Education and Others) and Region with country level break-up.
On the basis of geography, the market of Cloud Sandbox has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In order to support the fintech industry in, the Reserve Bank of India introduced a regulatory sandbox for the startups to test their products and services Moreover, it came up with a regulatory sandbox that will allow fintech startups to test their products before going live and understand the gaps in their services. Hence, a similar initiative was taken by SEBI and released its framework for innovation sandbox on May 20 with an aim to create an ecosystem which promotes innovation in the securities market.
Market Trend
- Rising Trend of Adopting Security through Cloud-Based
- Adoption of Artificial Intelligence and the Internet of Things
Market Drivers
- Need for Network and web security in a Company’s
- An Increasing need for Cybersecurity Strategy to Ensure Online Threats don’t Compromise Operations
- Need for Stringent Security Compliances and Government Regulations
Opportunities
- Growing IT Sector globally coupled with high penetration of Internet
- Rising of Many Applications such as the Adoption of Emerging Technologies, such as Cloud services, IoT, Smartphones, and BYOD
Restraints
- Easy Availability of free Software-Based Sandboxing Market Solutions
Challenges
- Lack of Awareness about Advance Network Attacks
- Skilled Developers Needed to Develop the Code
Key Target Audience
Government agencies, Sandboxing vendors, Network solution providers, Independent software vendors, Consulting firms, System integrators and VARs