Press release
Network Security Software Market Forecast 2020-2027| With Impact Of Covid-19 By Top Leading Players- Cisco Systems, SolarWinds Worldwide, LLC., IBM, Trend Micro Incorporated
Market expectations for likely development openings have been mentioned clearly in this world class Network Security Software Market research report. Competition analysis has been taken into account while preparing this report. A market analysis has turned into a vital piece of every business to settle on smart choices in the organizations which have been viably carried by experienced analysts. This market report provides best solutions for strategy development and implementation depending on client’s needs to extract tangible results. Businesses can bring about an absolute knowhow of general market conditions and tendencies with the information and data covered in this Network Security Software Market report.
Global network security software market is set to witness a healthy CAGR of 11.3% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising adoption of cloud based security technologies and integration of advanced deep learning and machine learning capabilities in network security software are the factor for the growth of this market.
Market Definition: Global Network Security Software Market
Network security software is specially designed software whose main function is to increase the safety of the software. There are many distinct kinds of network safety software that assist protect transit information, rest information, and other network configuration components. These instruments can concentrate on endpoint safety, where machine network data is exhibited, or internal security, where there are distinct threats within the network itself. They are widely used in industries such as government, BFSI, aerospace, healthcare, manufacturing, energy &utilities and others.
Market Drivers:
Increasing network security and privacy concerns will drive this market growth
Strict regulations and norms also enhances the growth of this market
Growing demand for network security software in government sector acts as a market driver
Rising number of SME will also increase the adoption of network security software
Market Restraints:
Complexity associated with the budget acts as a restricting factor for this market growth
High investment cost also hinders the growth of this market
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Segmentation: Global Network Security Software Market
By Component
Solutions
Services
By Solution
Firewall
Antivirus/Antimalware
Network Access Control
Data Loss Prevention
Intrusion Detection System/Intrusion Prevention System
Secure Web Gateways
Distributed Denial-Of-Service Mitigation
Unified Threat Management
Vulnerability Scanning
Sandboxing
Other
By Service
Professional Services
Design and Implementation
Consulting
Training and Education
Support and Maintenance
Managed Services
By Deployment Type
Cloud
On- Premises
By Organization Size
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical
Aerospace and Defense
Government
Banking, Financial Services, and Insurance
IT and Telecommunication
Healthcare
Retail
Manufacturing
Energy and Utilities
Others
By Geography
North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
France
Spain
Netherlands
Belgium
Switzerland
Turkey
Russia
Rest of Europe
Asia-Pacific
Japan
China
India
South Korea
Australia
Singapore
Malaysia
Thailand
Indonesia
Philippines
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
South Africa
Egypt
Israel
Rest of Middle East and Africa
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Key Developments in the Market:
In February 2019, Symantec Corp announced the acquisition of Luminate Security. The Secure Access CloudTM technology from Luminate further expands the authority of the Integrated Cyber Defense Platform from Symantec to customers as they access workloads and apps irrespective of where those workloads are deployed or what infrastructure they are accessed through. This acquisition will help the company to strengthen their portfolio and provide better solution to their customers
In February 2019, Micro Focus announced the acquisition of Interset which helps the company to expand their security, risk & governance portfolio. This will help the company to assist their clients to validate and evaluate risks rapidly and precisely as they transform their companies digitally. This integration will help the company to provide good protection range and meet the need and requirement of the customer
Competitive Analysis
Global network security software market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of network security software market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Major Market Competitors/Players
Few of the major competitors currently working in the global network security software market are Cisco Systems, SolarWinds Worldwide, LLC., IBM Corporation, Trend Micro Incorporated., Symantec Corporation, FireEye, Inc., Avast Software s.r.o, Comodo Security Solutions, Inc., Tenable, Inc., Armor Defense Inc, Torrid Networks, Fortinet, Inc, WatchGuard Technologies, Inc., FireMon, LLC., GFI Software, Bitdefender., Webroot Inc., Qualys, Inc., Juniper Networks, Inc, AT&T Intellectual Property., among others.
The Network Security Software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Network Security Software market.
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Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Network Security Software market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Network Security Software market. These factors have benefited the growth of the global market for Network Security Software. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
Reasons to Purchase this Report:
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value USD Million and volume Units Million data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
(**NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.)
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Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
Market outline
PART 05: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 06: MARKET SIZING
Market definition
Market sizing 2021
Market size and forecast
PART 07: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 08: MARKET SEGMENTATION BY PRODUCT
Global Network Security Software market by product
Comparison by product
Market opportunity by product
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
Global Network Security Software market by distribution channel
Comparison by distribution channel
Global Network Security Software market by offline distribution channel
Global Network Security Software market by online distribution channel
Market opportunity by distribution channel
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
Global Network Security Software market by end-user
Comparison by end-user
PART 12: REGIONAL LANDSCAPE
Global licensed Network Security Software market by geography
Regional comparison
Licensed Network Security Software market in Americas
Licensed Network Security Software market in EMEA
Licensed Network Security Software market in APAC
Market opportunity
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 15: MARKET TRENDS
PART 16: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 17: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Any Questions/Queries or Need Help or Want to Purchase this Report? Speak with Our Analyst: https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-network-security-software-market
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