The global network security sandbox market is expected to reach USD 40.48 billion by 2025, according
to a new report by Grand View Research, Inc. The convergence between
information technology and Internet of Things (IoT) has paved the way for the
cyber security breaches. The absence of requisite identity and access
management provision in the IoT technology raises the vulnerability of the
majority of the business organizations to the malicious malware attack. The
adoption of latest and advanced intrusion prevention solution thus became part
and parcel for the business enterprises to protect sensitive information from
the data security breach.
The widespread deployment of cloud
technology boosted the demand for the integrated network security solution
among the business entities. The convergence of cloud platform and application
anti-malware gateways with mechanisms such as machine learning, threat
analytics, and network behavior analysis is generating proactive network
security solutions. Industry players are progressively investing a significant
amount to develop and deploy modern security solution by profound research and
development. Since 2010 several mergers and acquisition had taken place by the
large enterprises to imbibe this inherent technological platform into the
organization.
The incorporation of ground-breaking
features, such as Artificial Intelligence and Internet of Things that enables
automated integration between the software, hardware platform and the consumer,
is energizing the industry growth prospects. These features subsequently
influence the market dynamics and accelerate the growth momentum to rise to its
optimal level. The advent of cognitive computing also has considerable impact
on the development of advanced anti-malware technology and encrypted end point
solution. The extended usage of automated reasoning, big data, and machine
learning technology, along with artificial intelligence and probabilistic logic
has paved the way for the easy identification and analysis of malicious viruses
with utmost efficiency.
Access
Research Report of Network
Security Sandbox Market@ www.grandviewresearch.com/industry-analysis/network-security-sandbox-market
Further key findings from the study suggest:
· Integrated solution is estimated to grow at
a CAGR of over 53.1% from 2017 to 2025. The demand for extended and
interoperable network security architecture drives the market growth for the
integrated network security solution.
· The retail segment in network security
sandbox market is estimated to be the fastest-growing segment at a CAGR of over
54.1% from 2017 to 2025. The humongous amount of consumer sensitive information
makes the retail sector to be the most attracting target to the hackers.
Consequently, this spur the growth of the adoption of intrusion prevention
system in the retail sector.
· The professional consulting sector is
expected to dominate the network security sandboxing services segment over the
forecast period. The growing trend of automation in the industrial process is
increasing the demand for professional consulting solution in the network
security market.
· The North America network security
sandboxing industry is expected to remain the largest market owing to the
rising GDP and rapid expansion of the financial and retail sectors. Moreover,
the regional growth is strong in industries that use advanced threat prevention
technology to protect sensitive information from the external world.
· Key players in the network security sandbox
market include Check Point Software Technologies Ltd, Cisco, FireEye, Inc.,
Fortinet, Inc., McAfee, Inc., Symantec Corporation., and others. The market is
highly competitive owing to the presence of numerous manufacturers'
incorporating innovative technologies to offer product differentiation.
Grand View Research has segmented the
network security sandbox market on the basis of solution, services,
application, and region:
Solution Outlook (Revenue, USD Million;
2014 - 2025)
·
Standalone
·
Services
Services Outlook (Revenue, USD Million;
2014 - 2025)
·
Professional Consulting
·
Network Security Maintenance
·
Product Subscription
Application Outlook (Revenue, USD Million;
2014 - 2025)
·
BFSI
·
IT & Telecommunication
·
Retail
·
Education
·
Public Sector
·
Defense
·
Others
Regional Outlook (Revenue, USD Million;
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
RoW
Access
Press Release of Network Security Sandbox Market@ www.grandviewresearch.com/press-release/global-network-security-sandbox-market
About
Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco.
The company provides syndicated research
reports, customized research reports, and consulting services. To help
clients make informed business
decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For More Information: www.grandviewresearch.com