November 2, 2020

Network Security Software Makert: Industry Trends and Developments 2019–2026

The market report aims to provide an overview of the industry through detailed market segmentation. The report provides thorough information regarding the overview and scope of the market, along with the market drivers, restrains, and key trends. It covers both the quantitative and qualitative aspects of the industry in each region and country participating in the study.

Key Drivers of the Network Security Software Market:

The growing number of malware-attack raises the security concern of data and network, which surges the demand for network security software is the key factor boosting the market growth. For example, in Jun 2019, Cisco introduced AI-based network analytics, which helps manage users and networks from campus and vast area networks to the data center, along with internet of things (IoT) edge. Furthermore, the increasing 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 anticipated to accelerate market growth in the upcoming years. On the other hand, a high-cost solution is hampering the market growth in the upcoming years.

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 help desk, data center, data, and voice network IBM Watson platform manages Juniper Network Infrastructure.

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This report splits the Network Security Software Market as follows:

By Component:

  • Solution
  • Service

By Deployment:

  • On-Cloud
  • On-Premises

By Organization Size:

  • Small and Medium-sized Enterprise
  • Large Enterprise

By Vertical:

  • BFSI
  • IT and Telecommunication
  • Manufacturing
  • Government and Defense
  • Retail
  • Healthcare
  • Others

By Region:

  • North America
    • United States of America
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of the world (remaining countries of the LAMEA region)

Competitive Landscape:

The network security software market report also scans the competitive landscape and profiles the major players operating in the market, including IBM, Cisco Systems Inc., SolarWinds Corporation, Trend Micro Inc., Symantec Corporation, FireEye Inc., WatchGuard Technologies, GFI Software Inc., Bitdefender LLC, Webroot Inc., AT&T Inc., FireMon, Qualys Inc., Juniper Networks Inc., and Avast Software Inc., among others.

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