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The Cloud Network Security Market is Segmented by Size of the Enterprise (Small and Medium Enterprise, Large Enterprise), Type of Solution (Firewall, SSL VPN, IDS and IPS), End-user Industry (Government, BFSI, Healthcare), and Geography.
Fastest Growing Market:
The global cloud network security market was valued at USD 8589.95 million in 2019, and it is expected to reach a value of USD 19192.82 million by 2025, at a CAGR of 14.40%, during the forecast period (2020 - 2025). New threats, like Petya, Wannacry, Skype, Fireball, Delta Charlie, and others, are threatening to destroy data if a ransom, to recover the data, is not paid. Several individuals and organizations were caught in this trap. Protection against cyberattacks is becoming more important for industrial establishments. Therefore, industries are now considering the implementation of cloud network security right at the development stage for new machines and throughout their entire life cycle.
Network security is defined as the protection against misuse or the hacking of a system’s files or directories. The most common threats to the network include viruses, worms, Trojan horses, spyware and adware, zero-day attacks, hacker attacks, DDoS attacks, and identity theft.
The application of cloud network security varies from small-, medium- to large-scale organizations. It also provides various solutions, such as firewall, secure sockets layer virtual private networking (SSL VPN), and intrusion detection system (IDS) and intrusion prevention system (IPS). It is used by various end-users, such as government, BFSI, healthcare, manufacturing, education, service providers.
|By Size of Enterprise|
|Small and Medium Enterprise|
|By Type of Solution|
|Secure Sockets Layer Virtual Private Networking (SSL VPN)|
|Intrusion Detection System (IDS) and Intrusion Prevention System (IPS)|
|By End-user Vertical|
|Other End-user Verticals|
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The global cloud network security market is highly fragmented, as several cyber threats are forcing governments and respective industries to invest more on their cyberspace. Increasing investment is driving many new players that offer solutions at lower prices into the market, which makes the market competitive. Some of the key players in the market are IBM Corporation, Intel Corporation, Trend Micro Inc., Cisco Systems Inc., Huawei Technologies Co. Ltd. These players are constantly innovating and upgrading their product offerings to cater to the increasing market demand.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Introduction to Market Drivers and Restraints
4.3 Market Drivers
4.3.1 Growing Adoption of SaaS Market
4.3.2 Increased Number of Network-based Attacks
4.4 Market Restraints
4.4.1 High Vulnerability to Attacks on Cloud Network
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Bargaining Power of Suppliers
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Threat of New Entrants
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Size of Enterprise
5.1.1 Small and Medium Enterprise
5.1.2 Large Enterprise
5.2 By Type of Solution
5.2.2 Secure Sockets Layer Virtual Private Networking (SSL VPN)
5.2.3 Intrusion Detection System (IDS) and Intrusion Prevention System (IPS)
5.2.4 Other Solutions
5.3 By End-user Vertical
5.3.6 Service Provider
5.3.7 Other End-user Verticals
5.4.1 North America
188.8.131.52 United States
184.108.40.206 United Kingdom
220.127.116.11 Rest of Europe
18.104.22.168 Rest of Asia-Pacific
5.4.4 Latin America
22.214.171.124 Rest of Latin America
5.4.5 Middle East & Africa
126.96.36.199 United Arab Emirates
188.8.131.52 Saudi Arabia
184.108.40.206 South Africa
220.127.116.11 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IBM Corporation
6.1.2 Intel Corporation
6.1.3 Trend Micro Inc.
6.1.4 Palo Alto Networks Inc.
6.1.5 Cisco Systems Inc.
6.1.6 Check Point Software Technologies Ltd.
6.1.7 Fortinet Inc.
6.1.8 Huawei Technologies Co. Ltd.
6.1.9 F5 Networks Inc.
6.1.10 Juniper Networks Inc.
6.1.11 Sangfor Technologies Inc.
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability