Insights on the Network Security Market

Persistence Market Research recently published a market study that offers critical insights related to the growth prospects of the Network Security Market during the forecast period 2016 – 2026. The report takes into account the historical and current market trends to evaluate the top factors that are likely to influence the growth of the market in the upcoming years.

Our team of research analysts have a deep understanding and knowledge related to the latest market research techniques and use their analytical skills to curate insightful and high-quality market reports. The presented data is collected from credible primary sources including marketing heads, sales managers, product managers, industry experts, and more.

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As per the report, the global Network Security Market reached a value of ~US$ XX and is likely to surpass a market value of ~US$XX by the end of 2029. Further, the report reveals that the Network Security Market is set to grow at a CAGR of ~XX% during the forecast period 2016 – 2026.

Critical doubts related to the Network Security Market addressed in the report:

• What are the leading factors that are currently accelerating the growth of the Network Security Market?
• What are the marketing strategies adopted by market players in different regions?
• The market in which region is slated to experience robust growth during the forecast period?
• Why are market players aiming to solidify their presence in region 1?
• What is the estimated value of the global Network Security Market in 2019?

Segmentation of the Network Security Market

The report bifurcates the Network Security Market into different segments to provide a clear understanding of the various aspects of the market.

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Important insights present in the report:

• Domestic and global presence of top-tier market players in the Network Security Market
• Detailed analysis of the growth trajectory of the various market segments
• Growth prospects of the Network Security Market over the forecast period
• Influence of government and regulatory policies on the Network Security Market in different regions
• Recent developments in the Network Security Market in terms of innovation, product development, technology and more

Key Players:

In June 2016, Fortinet, a security solution provider has acquired AccelOps, a network security monitoring, and analytics company. This acquisition helps to provide more efficient network security solutions for automated threat prevention feature.

In June 2016, Barracuda networks has entered into the distribution agreement with Synnex Australia to increase its presence in APAC region by offering cloud backup and storage solutions, and disaster recovery solution in Australia and New Zealand.

In March 2016, TrendMicro has acquired TippingPoint, network security Solution Company from HPE. This acquisition strengthens TrendMicro’s vulnerability management, threat protection, and advance network solution capabilities.

In Network Security market there are many other solution providers some of them are PaloAlto Networks, Sonicwall, McAfee, CheckPoint Software Technologies, AT&T, Microsoft, Cisco, Optiv Security Inc., Juniper and Siemens.

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.

The Asia Pacific region is following the Europe region in this Network security market. This market is expected to have the highest growth rate in coming years due to the adoption of managed security services and the growing adoption of cloud-based security solutions. 

The report covers exhaustive analysis on:

Network Security Market Segments

• Market Dynamics
• Historical Actual Market Size, 2013 – 2015
• Market Size & Forecast 2016 to 2026
• Value Chain
• Market Current Trends/Issues/Challenges
• Competition & Companies involved
• Market Drivers and Restraints

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
• Europe
  • 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
• Japan
• 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.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics of the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and product offerings
• Potential and niche segments/regions exhibiting promising growth
• A neutral perspective towards market performance
• Must-have information for market players to sustain and enhance their market footprint

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