Sandboxing Market Trends with Forecast up to 2027
The market of sandboxing holds a large revenue share in the security markets, with an anticipated double digit CAGR in the upcoming years. The approach being more effective detects beforehand if the executable is malicious, proving useful for everyone from a private sector to govt. utilities. Even many of the largest companies have been breached by malwares, with the problem becoming more ubiquitous day by day that leads the demand for sandboxes.
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Sandboxing market: Drivers and Restraint
Increasing sophistication in the attacking techniques leaving the data vulnerable, is the key factor driving the Sandboxing market. Advanced persistent threats (APTs), have ruled out the traditional techniques of security necessitating the need to a behavioral approach, which is anticipated to growth of Sandboxing markets. The government and defense agencies throughout the world possess the information relating to citizens and defense intelligence, considered to be the most critical and sensitive information in Sandboxing market.Attackers target the networks across this sector with an aim to steal the information pertaining to administration, departmental activities, and prime security intelligence, leading to an inevitable need to invest significantly in the Sandboxing market resulting in the govt. and defense verticals to be the neediest ones, which can be expected to dominate the sandbox market.
However, high implementation cost and long-term return on investment are some of the factors restraining the growth of sandboxing market for small enterprises, while unstable economic conditions can prove to be a restraint the Sandboxing market in developing economies
Sandboxing market: Segmentation
Sandboxing market is segmented on the basis of component, organization Size, and vertical.
Segmentation on the basis of components:
On the basis of component, the sandboxing market can be segmented into solution and services. The solution segment is further sub-segmented into standalone and integrated while services segment is further sub-segmented into professional and managed services.
The solutions segment in the market is expected to have a larger market size than the services segment during the forecast period. The reason behind the high growth rate is the increased need to secure Information Technology (IT) infrastructure from advanced cyber-attacks.
The managed services segment is expected to grow at a higher CAGR during the forecast period. However, the professional services segment is expected to have a larger market share in 2017. The integrated solutions segment is expected to grow at a higher CAGR during the forecast period. The large enterprises segment is expected to account for a larger market size in 2017.
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