Network Security Market Growth (CAGR of 4.74%) Propelled by Rising Use of Mobile Devices and the Increasing Demand for Integrated Security Solutions: Radiant Insights, Inc.

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Oct 10, 2018, 06:45 ET

SAN FRANCISCO, October 10, 2018 /PRNewswire/ --

Global Network Security Market is estimated to grow at a substantial CAGR of 4.74% during the period 2017-2022, as the scope, product types, and its applications are increasing across the globe. Network security involves practices and policies accepted to avert/monitor illegal misuse, access, alteration, or rejection of a computer network and network-accessible incomes. The factors that propel the growth of the Network Security Market include rising use of mobile devices and the increasing demand for integrated security solutions, and rising acceptance of software as a Service-based network security solution. On the other hand, there are factors that may hamper the growth of the market including absence of effective security complexity and solutions of network organization. Network Security Market may be explored by solution, and geography. Network Security Market may be explored by solution as Malware Protection, Data encryption, Web Application Management, URL and content filtering, Firewall Security, Advance Threat Detection, and Vulnerability management.

Network Security Market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America accounted for the major share of the Network Security Market Size in 2017 and will continue to lead in the forecast period. The factors that propel the growth of market include high acceptance of network solutions among enterprises, increasing data opening and development of financially targeted cyber-attacks has led initiatives to accept advance network security solutions. The key players contributing to the robust growth of the Network Security Market comprise WatchGuard, Enterasys, Symantec, Fortinet Inc., Juniper Networks Inc., NFR, Check Point Software Technologies Ltd., Avaya, Nokia, IBM ISS, Alcatel, CyberGuard, Assured Digital, Net Screen, McAfee, ISS, Lucent, Fortress, Network Associates, SonicWall, Computer Associates, Cisco Systems Inc., Intrusion and Nortel. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.

Access 125 page research report with TOC on "Network Security Market" available with Radiant Insights, Inc. @ https://www.radiantinsights.com/research/global-network-security-market-2018-2022

Covered in this report

The report covers the present scenario and the growth prospects of the Global network security market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of network security solutions, which include hardware and software.

The market is divided into the following segments based on geography:

• Americas

• APAC

• EMEA

Global Network Security Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

• Cisco Systems

• Hewlett Packard Enterprise

• Honeywell International

• IBM

• Siemens

Market driver

• Increased usage of M2M communication in enterprises

• For a full, detailed list, view our report

Market challenge

• Threat from open-source network security solutions

• For a full, detailed list, view our report

Market trend

• Increased demand for integrated security solutions

• For a full, detailed list, view our report

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About Radiant Insights, Inc.:

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SOURCE Radiant Insights, Inc.