Persistence Market Research’s latest research report on ‘Network Security Market’ delivers a comprehensive outlook on the current market trends. The research results also include revenue forecasts, statistics, market valuations, and competitive landscape, which collectively draw the picture of global ‘Network Security Market’ growth during the forecast period.
Network Security Market:Overview
The introduction of virtualization technologies and growing usage of web-based applications are some of the factors that are supporting Network Security market to grow. Network security helps enterprises in securing communication pathway from unauthorized access and data misuse. There is increasing demand for advanced security services and integration of network security solutions with other security services to mitigate the risk of cyber-attacks.
Within Network security, encryption and firewalls are the majorly adopted solutions by enterprises to protect their network and information. Network security solution monitors user activity, creating access limitation, training, and educating users, detailed information of log activities, creation of data breach response plan, compliance management, data encryption, and web application management.
Network Security Market:Dynamics
The major factor driving Network security market is the growing need of security solutions for cloud technology. Due to heavy use of virtualization, threats such as malware or defective process are reducing the efficiency of the hypervisor. This has encouraged Network security solution providers to offer advanced Network security solutions such as Firewall to scan every byte of each packet on all the network traffic. This Network security solution strengthens cloud-based security by providing additional benefits such as malware protection, detection of intrusion, policy violation data theft and other security measures.
The key challenge in the Network security market is the rising demand for solutions that can support BYOD approach. With the introduction of BYOD policy companies allow their employees to access business information through their personal devices and to follows open and interconnected network policy.
This creates difficulty for network security solution to understand if the action has been taken up by the device, machine or human. Many network security solution providers are working towards the development of intelligent security solution that can secure information not only the device or communication pathway.
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Network Security Market:Segmentation
In this market companies offer solutions
Segmentation on the basis of solution:
- Data encryption
- Malware Protection
- URL and content filtering
- Advance Threat Detection and Vulnerability management
- Web Application Management
- Firewall Security
Network Security Market:Regional Overview
Presently, North America is holding the largest market share for network security solutions and its development. The market for Network security is growing considerably in U.S. due to the high adoption of network solutions among enterprises. Also, rising data breach and growth of financially targeted cyber-attacks has led enterprises to adopt advance network security solutions. Furthermore, the major solution vendors in Network security market are from North America, creating a high growth opportunity for users in these market.
In Europe region, the market for Network security is witnessing high growth rate due to the increasing demand for data loss prevention and data backup solutions among users. Countries such as Germany is implementing encryption solutions and regulating compliances in order to provide secure networking solutions to end-users.
Regional analysis for Network Security Market includes development of these systems in the following regions:
- North America
- By US
- By Canada
- Latin America
- By Brazil
- By Mexico
- By Others
- By U.K.
- By France
- By Germany
- By Poland
- By Russia
- Asia Pacific
- By Australia and New Zealand (ANZ)
- By Greater China
- By India
- By ASEAN
- By Rest of Asia Pacific
- Middle East and Africa
- By GCC Countries
- By Other Middle East
- By North Africa
- By South Africa
- By Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Network Security Market:Market Participants
In Network Security market there are many other solution providers some of them are :
- PaloAlto Networks,
- CheckPoint Software Technologies,
- AT&T, Microsoft,
- Optiv Security Inc.,