Network Security Appliance Market – Synopsis
Globally the Network Security Appliance Market is expected to grow from USD 8.45 billion in 2018 to USD 13.97 billion by 2023, at a CAGR of 10.6% during the forecast period, 2019–2013. The rising need to protect the network infrastructure of an enterprise from advanced threats and need for faster performance of network security solutions are some of the major driving factors for the wide adoption of network security appliances globally. However, greater adoption of software version of cybersecurity solutions, particularly cloud-based, acts as a major restraining factor for the growth of the hardware version of the network security solutions in the upcoming years.
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Network security appliances market also includes visibility, analytics, and management software and various services that enable enterprises to centrally manage their security appliances and keep their security solutions updated and future ready for all possible cyber threats. Increasing complexity of enterprises’ network will support the continous growth of network security appliances market in the upcoming years. Network security appliances has been one of the most demanding cybersecurity solutions among enterprises from almost all industry verticals. Increased cyberattacks on network infrastructure of have triggered a great demand for network security appliances, which can efficiently provide protection to the enterprises’ network and do not degrade the systems’ performance
Network Security Appliance Market – Key Players:
The prominent players in global network security appliance market are Cisco Systems, Inc., Palo Alto Networks, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., Symantec Corporation, Sophos Ltd., Juniper Networks, Inc., Forcepoint LLC, and Barracuda Networks, Inc.
Network Security Appliance Market – Segmentation.
The global network security appliance market is segmented into components, industry verticals, and regions.
By component, the market is segmented into product; visibility, analytics, and management software; and services. The products covered in the study are next generation firewalls (NGFWs) and unified threat management (UTM), firewalls, intrusion detection system (IDS) and intrusion prevention system (IPS), distributed denial of service (DDoS) protection, sandboxing, and web security. The services segment is furhter bifurcated into professional and managed services. The professional services covered in the study are consulting services, system integraton services, support and maintenance services, and training and education services.
By industry vertical, the market is segmented into BFSI, government and defense, IT and telecom, healthcare, retail, energy and utilities, manufacturing, and others.
By region, the market is segmented into North America, Europe, Asia-Pacific and the rest of the world.
Network Security Appliance Market – Regional Analysis
The global market for network security appliance market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of global network security appliance market is studied for North America, Europe, Asia-Pacific, and rest of the world.
By component, the market is segmented into product; visibility, analytics, and management software; and services. The products covered in the study are next generation firewalls (NGFWs) and unified threat management (UTM), firewalls, intrusion detection system (IDS) and intrusion prevention system (IPS), distributed denial of service (DDoS) protection, sandboxing, and web security. The services segment is furhter bifurcated into professional and managed services. The professional services covered in the study are consulting services, system integraton services, support and maintenance services, and training and education services.
Asia-Pacific is expected to grow at the fastest rate during the forecast period. IT & telecom sector drives the network security appliance market in Asia-Pacific region. Asia-pacific is economically and technologically developed region and countries such as China, Japan, and India are expected to dominate the network security appliance market in Asia-Pacific region. Budget constraints in the enterprises to spend sufficiently on cybersecurity solutions is expected to hinder the growth of the market in the Asia-Pacific region.
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TABLE OF CONTENTS
- Executive Summary
- Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Research Objectives
2.2.2. Assumptions & Limitations
2.3. Market Structure
- Market Research Methodology
3.1. Research Process
3.2. Secondary Research
3.3. Primary Research
3.4. Forecast Model
- Market Overview
4.1. Porter’s Five Forces Analysis
4.1.1. Threat Of New Entrants
4.1.2. Bargaining Power Of Buyers
4.1.3. Threat Of Substitutes
4.1.4. Rivalry
4.1.5. Bargaining Power Of Suppliers
4.2. Value Chain Analysis
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.3.4. Challenges
4.3.5. Impact Analysis Of Drivers And Restraints
- Network Security Appliance Market, By Component
5.1. Introduction
5.2. Product
5.2.1. Market Estimates & Forecast, 2018–2023
5.2.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.3. Next Generation Firewalls And Unified Threat Management
5.2.3.1. Market Estimates & Forecast, 2018–2023
5.2.3.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.4. Firewalls
5.2.4.1. Market Estimates & Forecast, 2018–2023
5.2.4.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.5. Intrusion Detection Systems And Intrusion Prevention Systems
5.2.5.1. Market Estimates & Forecast, 2018–2023
5.2.5.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.6. DDoS Protection
5.2.6.1. Market Estimates & Forecast, 2018–2023
5.2.6.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.7. Sandboxing
5.2.7.1. Market Estimates & Forecast, 2018–2023
5.2.7.2. Market Estimates & Forecast, By Region, 2018–2023
5.2.8. Web Security
5.2.8.1. Market Estimates & Forecast, 2018–2023
5.2.8.2. Market Estimates & Forecast, By Region, 2018–2023
5.3. Visibility, Analytics, And Management Software
5.3.1. Market Estimates & Forecast, 2018–2023
5.3.2. Market Estimates & Forecast, By Region, 2018–2023
5.3.3. Cloud
5.3.3.1. Market Estimates & Forecast, 2018–2023
5.3.3.2. Market Estimates & Forecast, By Region, 2018–2023
5.3.4. On-Premises
5.3.4.1. Market Estimates & Forecast, 2018–2023
5.3.4.2. Market Estimates & Forecast, By Region, 2018–2023
5.4. Services
5.4.1. Market Estimates & Forecast, 2018–2023
5.4.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.3. Professional Services
5.4.3.1. Market Estimates & Forecast, 2018–2023
5.4.3.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.3.3. Consulting Services
5.4.3.3.1. Market Estimates & Forecast, 2018–2023
5.4.3.3.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.3.4. System Integration Services
5.4.3.4.1. Market Estimates & Forecast, 2018–2023
5.4.3.4.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.3.5. Support And Maintenance Services
5.4.3.5.1. Market Estimates & Forecast, 2018–2023
5.4.3.5.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.3.6. Training And Education Services
5.4.3.6.1. Market Estimates & Forecast, 2018–2023
5.4.3.6.2. Market Estimates & Forecast, By Region, 2018–2023
5.4.4. Managed Services
5.4.4.1. Market Estimates & Forecast, 2018–2023
5.4.4.2. Market Estimates & Forecast, By Region, 2018–2023
Continued…
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LIST OF TABLES
Table1 Global Network Security Appliance Market, By Country, 2018–2023
Table2 North America: Network Security Appliance Market, By Country, 2018–2023
Table3 Europe: Network Security Appliance Market, By Country, 2018–2023
Table4 Asia-Pacific: Network Security Appliance Market, By Country, 2018–2023
Table5 Rest Of The World: Network Security Appliance Market, By Country, 2018–2023
Continued…
LIST OF FIGURES
Figure 1 Global Network Security Appliance Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis Of Global Network Security Appliance Market
Figure 4 Value Chain Of Global Network Security Appliance Market
Figure 5 Share Of Network Security Appliance Market In 2018, By Country (In %)
Continued…
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