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Adaptive Security Market 2022 SWOT Analysis and Key Business Strategies by Leading Players - Cisco Systems Inc., Trend Micro Inc., Rapid7 Inc
Latest research on Adaptive Security Market report covers forecast and analysis on a worldwide, regional and country level. The study provides historical information of 2016-2021 together with a forecast from 2022 to 2026 supported by both volume and revenue (USD million). The entire study covers the key drivers and restraints for the Adaptive Security market. This report included a special section on the Impact of COVID19. Also, Adaptive Security Market (By major Key Players, By Types, By Applications, and Leading Regions) Segment's outlook, Business assessment, Competition scenario and Trends. The report also gives 360-degree overview of the competitive landscape of the Adaptive Security industry.The adaptive security market was valued at USD 6.41 billion in 2020 and expected to reach USD 15.36 billion by 2026 and grow at a CAGR of 15.61% over the forecast period (2021 - 2026).
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The Adaptive Security market is highly competitive and consists of a number of major players. Top Companies like Cisco Systems Inc., Trend Micro Inc., Rapid7 Inc., RSA Security Inc., Juniper Networks Inc., Fireeye Inc., Panda Security Inc., Illumio Inc., Cloudwick Inc., Aruba Networks Inc.
Industry News And Developments:
- November 2018 - RSA Security LLC expanded its technology ecosystem to transform security solutions. This software interoperated with CyberArk Privileged Account Security Solution, Microsoft Windows Hello, Palo Alto Networks Next-Generation Firewall, and VMware Workspace ONE.
- July 2018 - Rapid7 acquired the Security Orchestration and Automation Company, which has enhanced its various products, such as the reduction in the time to resolution, maximization of resources, and overcoming of ecosystem complexities.
Regional Analysis:
Furthermore, to broaden the understanding, researchers have studied the global Adaptive Security market from a geographical point of view, considering the potential regions and countries. The regional analysis will assist the market players in making sound decisions regarding their future investments.
Adaptive Security Market report includes the following geographic areas such as North America, Europe, China, Japan, Southeast Asia, India and ROW.
Scope of the Report
- Enterprises have been adopting prevention strategy to keep track of such undetectable threats increasingly, to protect organizations' data, networks, and applications. The growing need for security compliances and regulations and need to secure IT resources from the sophisticated and complex cyberattacks are some of the major factors that are expected to drive the adaptive security market over the forecast period.
- The increasing need to secure IT resources from advanced cyberattacks is expected to provide growth opportunities to the adaptive security market.
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Key Market Trends
Cloud to Hold Significant Share
- Cloud security enables businesses to reduce capital and personnel, because the up-front cost to deploy than the traditional premise-based tools. Also, the vendor provides the bandwidth, IT staff, and infrastructure to secure the data.
- The snowballing rate of adoption of cloud solutions and services by companies, owing to the increased agility, lower capital costs and streamlined operation (right from software to infrastructure-as-a-service) demands equally dynamic cloud protection. This new environment demands cloud-based adaptive security.
- With the growing complexity of cyber attacks, the latency, delays, and risks associated with running confidential data from a cloud provider are at stake.
North America to Hold Major Share
- North America features as the most pro-active and committed region in term of cybersecurity-based initiatives. The GCI (global cybersecurity index) score given to the major countries (US 0.91 and Canada 0.81) further reinforces their commitment toward building a robust cybersecurity framework.
- However, North America is deemed to be the most vulnerable, owing to the presence of critical companies and their data centers. The US Department of homeland security identified more than 60 entities in US critical infrastructure, with damage by a single incident, which cost around USD 50 billion.
What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: Adaptive Security Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.
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