Press release
Secure Web Gateway Market Size, Demand, Industry Growth, Top Key Market Players, Share, Trends And Forecast Analysis by 2033
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033The Business Research Company presents an extensive market research report on the Secure Web Gateway Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The secure web gateway market size has grown exponentially in recent years. It will grow from $10.73 billion in 2023 to $13.06 billion in 2024 at a compound annual growth rate (CAGR) of 21.7%. The growth in the historic period can be attributed to cyber threat landscape, rise of remote work, advancements in threat detection, cloud adoption, byod trends.
The secure web gateway market size is expected to see exponential growth in the next few years. It will grow to $28.52 billion in 2028 at a compound annual growth rate (CAGR) of 21.6%. The growth in the forecast period can be attributed to threat intelligence integration, integration with endpoint security, mobile device security, application control requirements, user authentication and identity management. Major trends in the forecast period include zero trust architecture, ai-powered security, iot security concerns, user-centric security, encryption inspection, api security..
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Key Market Players:
Major companies operating in the secure web gateway market report are NortonLifeLock Inc., Cisco Systems Inc., A10 Networks Inc., Forcepoint, Comodo Group Inc., Netskope Inc., Sangfor Technologies Inc., Content Keeper Technologies, F5 Networks Inc., Zscaler Inc., Check Point Software Technologies Ltd., Sophos Group PLC, Trend Micro Incorporated, McAfee LLC, Cyren Ltd., Cato Networks, Menlo Security Inc., Citrix Systems Inc., Microsoft Corporation, Broadcom Inc., International Business Machines Corporation, Fortinet Inc., Symantec Corporation, Barracuda Networks Inc., FireEye Inc., Wavecrest, Trustwave Holdings Inc., Akamai Technologies Inc., TitanHQ, Webroot Inc.
Market Drivers:
An increasing number of sophisticated cyberattacks is expected to propel the growth of the secure web gateway market going forward. A cyberattack is an attempt to take control of computers, steal data, or utilize a computer system that has been compromised to launch other attacks. A secure web gateway (SWG) serves as a cyberbarrier and stops unauthorized web data from entering a company's system. It offers a defense against websites with dangerous code and malware accessing the organization's data or infecting a company's system. For instance, according to the report published by Check Point, an Israel-based provider of cyber security solutions, in 2021, Africa had the greatest number of cyberattacks, with an average of 1,582 weekly attacks per organization which represents a 13% increase over previous year. This was followed by Asia-Pacific, which had an average of 1,353 weekly attacks per organization (25% increase); Latin America, which had 1,118 weekly attacks (38% increase); Europe, which had 670 weekly attacks (68% increase); and North America, which had an average of 503 weekly attacks (61% increase). Therefore, the increased number of sophisticated cyberattacks is driving the growth of the secure web gateway market.
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https://www.thebusinessresearchcompany.com/report/secure-web-gateway-global-market-report
The secure web gateway market covered in this report is segmented -
1) By Components: Solutions, Services
2) By Deployment: Cloud, On-Premise
3) By Organization Size: Large Enterprises, Small And Medium-Sized Enterprises (SMEs)
4) By Vertical: Banking, Financial Services And Insurance (BFSI), IT And Telecom, Healthcare, Retail And E-Commerce, Government And Defense, Energy And Utilities, Manufacturing, Other Verticals
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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