Scope of the Study
Network security is a broad term that covers an assembly of technologies, devices, and processes. In its simplest term, it is a set of rules and configurations considered to protect the confidentiality, integrity, and accessibility of computer networks and data using both software and hardware technologies. Every organization, irrespective of size, industry, or infrastructure, needs a degree of network security solutions in place to guard it against the ever-growing landscape of cyber threats.
The market study is being classified by Type (Physical Network Security, Technical Network Security and Administrative Network Security), by Application (Bank, Government, Enterprise and Other) and major geographies with country level break-up.
Symantec Corp. (United States), McAfee (United States), Sophos Ltd. (United Kingdom), Ruckus (United States), Motorola Soltuions (United States), Juniper Solutions (United States), Fortinet (United States), Cisco Systems Inc. (United States), Brocade Communications Systems Inc. (United States), Aruba Networks (United States), Aerohive (United States), Honeywell (United States) and ADT (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Network Security market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Network Security market by Type, Application and Region.
On the basis of geography, the market of Network Security 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Network Security and Privacy Concerns
- Government Regulations and Need for Compliances
Market Trend
- The upsurge in Adoption of Cloud-Based Security Technologies
Restraints
- High Cost of Innovation and Budget Constraints
Opportunities
- Incorporation of Advanced Deep Learning and Machine Learning Capabilities Adding Value to Network Security Software Offerings
Challenges
- Lack of Competent Cybersecurity Professionals
Key Target Audience
Network Security Providers, Network Providers, Network Security Software Providers, Network Security Service Providers, IT & Telecommunication and Governmental Bodies
Customization in the Report Available:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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