Global Network Security Tools Market Overview:
Network security tools, which can be software or hardware-based, assist security teams in protecting their organization's networks, critical infrastructure, and sensitive data from cyber-attacks. Depending on the specific function that security teams are attempting to accomplish, a variety of tools can be used. Network security tools safeguard the network perimeter against viruses, worms, DDoS attacks, and other threats. Because web applications have become the most common attack vector for cybercriminals, application security testing solutions have become the most important network security tools. While intrusion detection, transport layer security, network access control, and penetration testing remain critical network security tools, application security testing can assist in identifying and correcting new and existing weaknesses in applications that can lead to serious breaches, compromising network and cyber security. Increasing Investment in Network Security Tools is driving the market.
Growth Drivers
- Increase in Cyber Attacks
- Rising Demand for SASE Solutions
Roadblocks
- High Cost of Network Security Tools
Opportunities
- Rising opportunities in Emerging Economies
- Increased Investment in Network Security Tools
Challenges
- Increase in Threats from Third-Party Networks and Iot Devices
- Growing Incidence of Misconfiguration
Competitive Landscape:
The demand for Virtual Online Fitness is increasing. Businesses in this sector face global competition from market leaders who control a large share of the market. Companies are differentiating their products from competition by employing environmentally friendly materials and manufacturing techniques. The Leading Players are engaging in strategic global expansion to maintain their Market Position. Players are expected to focus on the creation of new compounds, which would likely drive the worldwide market forward over the forecast period.
Some of the key players profiled in the report are IBM (United States), Microsoft Corporation (United States), Siemens (Germany), Rohde & Schwarz (Germany), McAfee (United States), Cisco Systems (United States), Avast (Czech Republic), Paessler (Germany), Nuance Communications (United States) and SolarWinds (United States). Additionally, following companies can also be profiled that are part of our coverage like Keysight (United States), Veracode (United States) and Awake Security, Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Network Security Tools market by 2027. Considering Market by Enterprise Size, the sub-segment i.e. Large Enterprise will boost the Network Security Tools market. Considering Market by Industry Verticals, the sub-segment i.e. Aerospace and Defense will boost the Network Security Tools market. Considering Market by Component, the sub-segment i.e. Hardware will boost the Network Security Tools market.
Latest Market Insights:
In November 2021 IBM had announced the acquisition of ReaQta. This acquisition will broaden IBM's capabilities in the extended detection and response (XDR) market, aligning with IBM's strategy to provide security through an open approach that spans disparate tools, data, and hybrid cloud environments.
What Can be Explored with the Network Security Tools Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Network Security Tools Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Network Security Tools
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Network Security Tools market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Network Security Tools market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners and End-use industries.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.