What is the global secure web gateway market? The Global Secure Web Gateway Market is to increase at an impressive rate. What are these rates? In this article, we will discuss the possible rate of secure web gateway in the market.
Global Secure Web Gateway Market
The global secure web gateway market is worth $5.7 Billion in 2015 and is forecast to grow to $14.4 Billion by 2020.
The market is forecast to grow at a CAGR of 15.5% in the next 5 years. Also, the market is mainly by factors such as the increasing threat of cybercrime and the growing need for security.
Market Analysis
The global secure web gateway market consists of major players such as Cisco Systems, Inc., Fortinet, Inc., Check Point Software Technologies Ltd., Palo Alto Networks, Inc., Blue Coat Systems, Inc., Citrix Systems, Inc., F5 Networks, Inc., and Cyberoam Solutions Private Limited among others.
Market Segmentation
The global market for secure web gateway is on product type and deployment model. Based on product type, the market is into application delivery controllers, network security appliances, firewalls, VPN gateway, and others.
Market-based on the deployment model, the global security market is into on-premises deployment model and cloud deployment model.
Based on geography, the global market is into North America, Europe, Asia-Pacific, and the Rest of the World.
The market in North America is to grow at the highest CAGR during the forecast period. This growth can be to the increasing cyber threats, increasing adoption of IT infrastructure, and rising need to secure sensitive data.
Increase in Number of Cyber-attacks & Security Breaches
The market is to grow rapidly owing to the increasing threat of cybercrime and the growing need for security.
The increasing risk of security breaches has compelled organizations to deploy secure web gateways to ensure the safety of their data and applications. Also, the increasing investments in information security are to boost the market.
Market Restraints
The market is by the high cost of web gateway. Web gateways are expensive and organizations can use Web Application Firewalls (WAF) which are easy to deploy and less expensive as compared to Web Gateway.
Market Challenges
The market is by the availability of free open-source solutions. Open-source technologies such as Apache, Linux, and PHP are easily available and can be in place of a web gateway. Also, the market is by the presence of complex network infrastructure.
The global secure web market is to grow at a CAGR of 15.5% in the next 5 years. Also, the market is mainly by factors such as the increasing threat of cybercrime and the growing need for security.
Global Secure Web Market: Estimated
It is to be worth USD 5.7 Billion in 2015 and is forecast to grow to USD 14.4 Billion by 2020. Also, the market is mainly by factors such as the increasing threat of cybercrime and the growing need for security. The market is to grow at a CAGR of 15.5% in the next 5 years.
The market is to grow at a CAGR of 15.5% in the next 5 years. Also, the market is mainly by factors such as the increasing threat of cybercrime and the growing need for security.
Conclusion
The global secure web gateway market is on product type and deployment model. This growth can be to the increasing cyber threats, increasing adoption of IT infrastructure, and rising need to secure sensitive data.