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Network Security Software Market – Opportunities and Forecast, 2020-2027

The market report is a historical overview and in-depth study on the current and future market. The report also offers a basic overview of the network security software market size, share, leading players, top regions with major countries data, and a detailed segmentation description. It investigates and assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

The major players in the Network Security Software Market include:

• Cisco Systems Inc.

• SolarWinds Corporation

• IBM

• Trend Micro Inc.

• FireMon

• Symantec Corporation

• FireEye Inc.

• GFI Software Inc.

• Avast Software Inc.

• WatchGuard Technologies

• Bitdefender LLC

• Webroot Inc.

• AT&T Inc.

• Qualys Inc.

• Juniper Networks Inc.

Key Drivers of the Network Security Software Market:

The increasing number of malware-attack raises the security concern of data and network, which is boosting the demand for network security software and is a key factor driving the growth of the global network security software market. For example, in Jun 2019, Cisco introduced AI-based network analytics, which helps in managing users and networks from campus and vast area network to the data center, along with the internet of things (IoT) edge. Moreover, the rising trend of Bring Your Own Device (BYOD) also raises the demand for network security software solutions. In addition to this, rigorous regulation for network security is also projected to propel the growth of the network security software market size in the upcoming years. On the other hand, a high-cost solution is hampering market growth over the forecast period.

The significant players aim to acquire, launch, and collaborate to expand their global reach and become a market competitive. For example, in Jan 2019, IBM corporation signed a partnership agreement with Juniper Network, including a help desk, data center, data and voice network IBM Watson platform, intending to manage Juniper Network Infrastructure.

Segmentation of the Network Security Software Market:

The major regions covered in the report are North America, Europe, Asia-Pacific, and the Rest of the world. It also contains regional volume and revenue of the forecast period. Moreover, it helps the reader to understand accurate data on volume sales according to the consumption for the same years.

On the basis of component, this report displays the production, revenue, price, market share, and overall growth rate of each component, primarily split into:

• Solution

• Service

On the basis of deployment, this report displays the production, revenue, price, market share, and overall growth rate of each deployment, primarily split into:

• On-Cloud

• On-Premises

On the basis of organization size, this report displays the production, revenue, price, market share, and overall growth rate of each organization size, primarily split into:

• Small and Medium-sized Enterprise

• Large Enterprise

On the basis of vertical, this report displays the production, revenue, price, market share, and overall growth rate of each vertical, primarily split into:

• BFSI

• IT and Telecommunication

• Manufacturing

• Government and Defense

• Retail

• Healthcare

• Others

On the basis of region, this report displays the production, revenue, price, market share, and overall growth rate of each region, primarily split into:

• North America

o United States of America

o Canada

• Asia Pacific

o China

o Japan

o India

o Rest of APAC

• Europe

o United Kingdom

o Germany

o France

o Spain

o Rest of Europe

• RoW

o Brazil

o South Africa

o Saudi Arabia

o UAE

o Rest of the world (remaining countries of the LAMEA region)

About GMI Research:

GMI Research is a market research and consulting firm which provides bespoke industry & market research to help businesses in making the toughest business decision. We know the significance of accurate data; that’s why our analyst use a tailored methodology to study every market in detail because one size doesn’t fit all. We not only cover the traditional well-established market but also focuses on the niche market and markets in the emerging economies, where getting data and information is a challenge. This factor makes us a pioneer in the emerging market research space. Our syndicate reports cover multiple industries across various regions and countries.

Our in-depth market reports help propel your business with all the data, strategic inputs, and competitive intelligence to move ahead even in the most uncertain times. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research look forward to help businesses stay ahead of the curve.

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