Web Filtering Global Market In Depth Research with Industry Size, Share, Verticals and Forecast 2033 | Cisco systems Inc., Palo Alto Networks Inc., Fortinet Inc., Titan HQ, McAfee Corp.

"The Business Research Company recently released a comprehensive report on the Global Web Filtering Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, The web filtering market size has grown rapidly in recent years. It will grow from $5.23 billion in 2023 to $6.00 billion in 2024 at a compound annual growth rate (CAGR) of 14.6%. The growth in the historic period can be attributed to strict government regulations and the need for compliance, growing online malware, increasing refinement levels of web attacks, surge in malicious online activity throughout the world, increase in need of strong security service.

The web filtering market size is expected to see rapid growth in the next few years. It will grow to $10.50 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%. The growth in the forecast period can be attributed to rising cybersecurity threats and data privacy concerns, rise in the need for a better control over employees in organizations, increased employee productivity, rise in BYOD trend among organizations, increasing internet usage. Major trends in the forecast period include technology developments, adoption of web filtering, implementation of web filtering in BFSI segment to ensure data security, integration of cloud-based services, adoption of advanced technologies.

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Market Drivers and Trends:

The rising cybersecurity threats are expected to propel the growth of web filtering going forward. Cybersecurity threats are potential risks to computer systems, networks, and data that can result in unauthorized access, data breaches, or information loss. The rising cybersecurity threats are due to increased connectivity, data monetization, remote work, sophisticated attack techniques, and a lack of awareness. Web filtering in cybersecurity provides organizations with granular control over internet access, reducing the risk of cyber threats, and enforcing security policies to protect against data breaches and compliance violations. For instance In November 2022, according to the Australian Cyber Security Centre, an Australia-based cyber security agency, cyber crime reports received were 76,000, up from 13% from the previous year. Therefore, rising cybersecurity threats are driving the growth of the web filtering market.

Major companies operating in the web filtering market are developing AI-advanced solutions, such as advanced URL filtering, to provide real-time protection against advanced web-based threats. This advance URL filtering approach compensates for coverage gaps inherent in database solutions by providing real-time URL analysis, protecting against malicious URLs. For instance, in June 2023, Palo Alto Networks, Inc., a US-based cybersecurity companylaunched advanced URL filtering, called artificial intelligence.This category is defined for websites that offer direct AI services, particularly focusing on generative AI applications such as chatbots, AI/ML-based software development services, and productivity tools leveraging AI and machine learning. The advanced URL filtering service complements Palo Alto Networks' existing App-ID solution, allowing organizations to configure the firewall to identify and control access to web (HTTP and HTTPS) traffic and protect their network from attack.

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Major Key Players of the Market:

Cisco systems Inc., Broadcom Corporation, Palo Alto Networks Inc., Fortinet Inc., Titan HQ, McAfee Corp., Trend Micro Incorporated, Zscaler Inc., Kaspersky Lab, Sophos Group plc, Forcepoint LLC, Barracuda Networks Inc., Trustwave Holdings Inc., Webroot Inc., Clearswift Ltd., GFI Software Ltd., Netskope Inc., Cyren Ltd., Iboss Inc., Virtela Technology Services Inc., ContentKeeper Technologies Pty. Ltd., CensorNet Ltd., Symantec Corporation, Untangle Inc., Wavecrest Computing Inc., Interoute, Kaspersky, International Submarine Engineering (ISE) Ltd.

Web Filtering Market 2024 Key Insights:

• The web filtering market size is expected to see rapid growth in the next few years. It will grow to $10.50 billion in 2028 at a compound annual growth rate (CAGR) of 15.0%.
• Rising Cybersecurity Threats Drive Growth Of Web Filtering Market
• Embrace AI-Advanced Solutions In Web Filtering Market
• North America was the largest region in the web filtering market in 2023

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