Secure Web Gateway Market by Component (Solutions (Threat Protection, Access Control, and Data Protection) and Services), Deployment Mode, Organization Size, Vertical (Healthcare, BFSI, IT & Telecom, and Education), and Region – Global Forecast to 2024

2020-02-05
Price :
Published : Feb-2020
No. of Pages : 159

Increase in the number of sophisticated cyberattacks is driving the overall growth of the Secure Web Gateway (SWG) market

The global SWG market size is projected to grow from USD 4.6 billion in 2019 to USD 10.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.1% from 2019 to 2024. The market grow this driven by various factors, including the increasing number of sophisticated cyberattacks, growing need for end-to-end wholistic security products, which have contributed a considerable share in the SWG ecosystem.

Among solutions, the data protection segment to grow at the highest CAGR in the SWG market during the forecast period

Data protection includes Data Loss Prevention (DLP), file type controls, and application control. DLP is a comprehensive data security software that ensures information loss prevention when the data is at the endpoint, network traffic, or stored in a data server. The SWG solutions implement DLP related policies to minimize and control the transaction of critical information. It also protects corporate intellectual property from external individuals and users who should not have authorized access to corporate data. Applying file type controls automatically remove files that contain sensitive data and malicious content as they pass in and out of companies’ network without the need for human intervention. Application control blocks or restricts unauthorized applications from executing in ways that put data at risk, which helps in ensuring data security.

Among components, the services segment to grow at a higher CAGR during the forecast period

Services enable enterprises to implement solutions without purchasing them. The cost associated with buying SWG solutions and implementing them on-premises is higher. Hence, large enterprises as well as Small and Medium-sized Enterprises (SMEs) are moving toward adopting services, especially cloud-based services. This, in turn, leads to a higher adoption of SWG services as compared to software tools utilized in the market.

Asia Pacific to register the highest growth rate during the forecast period

Asia Pacific (APAC) has a great scope for growth in the SWG market in terms of the use of SWG solutions. APAC is witnessing tremendous growth mainly due to the presence of emerging economies, such as China, Japan, Australia, India, and Hong Kong. Currently, countries across this region are flooded with many SMEs that account for the employment of more than 70% of the population. However, factors such as continual growth in mobile workforce, increase in complexity of businesses, unregulated nature of the internet, and rise in the adoption of Bring Your Own Device (BYOD), demand for strong security requirements. These factors are expected to push SMEs to adopt various security solutions including SWG solutions with minimal initial investments.

The fast expansion of regional enterprises in APAC is another crucial factor contributing to the growth of the SWG market. In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup profiles of the primary participants are as follows:

  • By Company Type: Tier 1%–25%, Tier 2%–55%, and Tier 3%–20%
  • By Designation: C-level –50%, Directors – 30%, and Others – 20%
  • By Region: North America – 55%,Europe– 25%, APAC– 15%, and Rest of the World– 5%

Major vendors offering SWG solutions include NortonLifeLock(US), Zscaler(US), Cisco(US), Check Point Software Technologies (Israel), Sophos Group PLC(UK), Forcepoint(US), Trend Micro Incorporated(Japan), and Comodo Group(US).The study includes an in-depth competitive analysis of these key market players,along with their profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the SWG market size across segments. It aims at estimating the market size and the growth potential of this market across segments, such as components, solutions, deployment modes, organization size, verticals, and regions. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report would help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall SWG market and its sub-segments. It would help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. It would also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Filed in: Information Technology
Publisher : marketsandmarkets
More Reports
Title Price Buy Now

Gesture Recognition and Touchless Sensing Market by Technology (Touch-Based and Touchless), Product (Sanitary Equipment, Touchless Biometric), Type (Online, Offline) Industry and Geography – Global Forecast to 2025

“Gesture recognition market to grow at CAGR of 27.0% whereas touchless sensing market to grow at a CAGR of 13.2% from 2020 to 2025” The gesture recognition market is projected to reach USD 32.3 billion in 2025 from USD 9.8 billion in 2020, at a CAGR of 27.0%. Major drivers for the gesture recognition market’s growth are increasing demand for connectivity in automotive industry, low technical complexity and advanced user experience and increasing digitization across several industries. Further, integration of multiple technologies with gesture control will create opportunities for gesture recognition market. The major restraint for the market is high power consumption by the gesture-enabled products. Complex framework for manufacturers pose a major challenge to this market. The ......
$4950

Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) Market by Solution (Access Points and WLAN Controllers), Service (Professional and Managed Services), Location Type (Indoor and Outdoor), Organization Size, End User, and Country – Forecast to 2025

“As a service model saves 20-25% Capital Expenditure (CAPEX) % and 80-90% Operational Expenditure (OPEX)” The Middle East and Africa (MEA) Wi-Fi as a Service (WaaS) market size is projected to grow from USD 336 million in 2020 to USD 1094 million by 2025, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period. The major factors driving the growth of the MEA WaaS market include smartphone penetration across enterprises andvprevalent of Internet of Things (IoT) across manufacturig, oil and gas retail, and healthcare sectors. The limited backhual bandwidth connectivity is expected to pose as a restraining factor for the growth of MEA WaaS market. Managed services segment to grow at a higher CAGR during the forecast period Managed services manage end-to-end......
$4950

Carbon Footprint Management Market by Component (Solution and Services), Service (Consulting, and Integration and Deployment), Vertical (Manufacturing, Energy and Utilities, and Transportation and Logistics), and Region – Global Forecast to 2025

The global carbon footprint management market size to grow at a CAGR of 6.2% during the forecast period The global carbon footprint management market size is expected to grow from USD 9.0 billion in 2020 to USD 12.2 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 6.2% during the forecast period. To reduce the carbon emissions and reach new levels of efficiency and accuracy, organizations need real-time visibility of carbon footprint of their business operations. Hence, the demand for carbon footprint solution and services is increasing rapidly. The increasing government regulations and initiatives for reducing carbon emissions are expected to increased the demand fo the carbon footprint solution in the near future.. Solution segment to lead the carbon footprint management......
$4950

Gamification Market by Component (Solution and Services), Deployment (Cloud and On-premises), Organization Size (SMEs and Large Enterprises), Application, End-User (Enterprise-Driven and Consumer-Driven), Vertical, and Region – Global Forecast to 2025

The growing need to drive employee engagement via offering rewards and recognition drives the market Gamification is acting as an increasing trend of employee engagement that helps employees reach specific goals and objectives. The employee plays a game that offers points, status, and rewards with improving the skills and achieving goals or objectives of the company. Gamification provides rewards and recognition to the employees in the organization, makes them visible in the organization network, and boosts their confidence. The gamification market size is projected to grow from USD 9.1 billion in 2020 to USD 30.7 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 27.4% during the forecast period. The major factors driving the growth of the gamification market include rewards a......
$4950

Verge Genomics – Tech Innovator Profile

Verge Genomics - Tech Innovator Profile Summary Verge Genomics is an AI-driven biopharmaceutical drug discovery company which applies patient genomes, epigenomics, and gene expression for identifying novel effective drugs, stratify patient subpopulations, and therapeutic gene targets for accelerating clinical success. Scope The report provides information and insights into Verge Genomics's, including - - Overview of the company and its product offering - Detailed insight into its business model, company type and headquarter - Information on funding - Biography of top management Reasons to Buy - Gain insights into Verge's business operations. - Gain insights into funding and partnerships - Gain understanding about its technology focus.......
$350

Precision Farming Market by Technology (Guidance, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Variable Rate Application), Offering (Hardware—Sensors, GPS, Yield Monitors; Software; Services) and Geography – Global Forecast to 2025

Precision farming market anticipated to grow at CAGR of 12.7% from 2020 to 2025. The precision farming market is expected to grow from USD 7.0 billion in 2020 to USD 12.8 billion by 2025, at a CAGR of 12.7%. Major drivers for the precision farming market include the high demand for agricultural products due to population growth, increased adoption of VRT, remote sensing and guidance technologies by worldwide farmers, substantial cost cutting achieved by the implementation of modern agricultural techniques, and strong government support for promoting the use of precision farming techniques. Major restraints for the precision farming market include the high upfront cost of modern agriculture equipment and the limited technical knowledge and skills of farmers or growers. Precision farming ......
$5650

Tech, Media, & Telecom Trends 2020 – Updated for the impact of COVID-19 – Thematic Research

Tech, Media, & Telecom Trends 2020 - Updated for the impact of COVID-19 - Thematic Research Summary COVID-19 is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for 3 months or more. It is effectively a stress test on companies' ability to cope with extreme shocks. COVID-19 will test the financial robustness of companies. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues. As the world enters lockdown, offices are closing, forcing desk-based staff to work at home. There will be many consequences for the IT industry, some sectors of which will perform better than others. Some will fare relatively well in the short ter......
$1950

Journera – Tech Innovator Profile

Journera - Tech Innovator Profile Summary Founded in 2016, Journera is a travel technology company that offers a secure, real-time data exchange platform to deliver a seamless travel experience Scope The report provides information and insights into Journera's, including - - Overview of the company and its product offering - Detailed insight into its business model, company type and headquarter - Information on funding - Biography of top management Reasons to Buy - Gain insights into Jurnera's business operations. - Gain insights into funding and partnerships - Gain understanding about its technology focus.......
$350

Travelstop – Tech Innovator Profile

Travelstop - Tech Innovator Profile Summary Founded in 2018, Travelstop is a travel and expense management startup that offers easy-to-use tools that help streamline business travel bookings processes, automate expense reporting, and generate meaningful business travel insights Scope The report provides information and insights into Travelstop's, including - - Overview of the company and its product offering - Detailed insight into its business model, company type and headquarter - Information on funding - Biography of top management Reasons to Buy - Gain insights into Travelstop's business operations. - Gain insights into funding and partnerships - Gain understanding about its technology focus.......
$350

Magic Add Ltd. – Tech Innovator Profile

Magic Add Ltd. - Tech Innovator Profile Summary Magic Add Ltd. (Magic Add) is the innovator of Internet of Packaging (IoP) technology. The company offers Internet of Things (IoT) based smart packaging solutions for the fast-moving consumer goods (FMCG) industry. Scope The report provides information and insights into Magic Add's, including - - Overview of the company and its product offering - Detailed insight into its business model, company type and headquarter - Information on partnership and funding - Biography of top management Reasons to Buy - Gain insights into Magic Add's business operations. - Gain insights into fundings and Partnerships - Gain understanding about its technology focus.......
$350
We use cookies to deliver the best possible experience on our website.
By continuing to use this site, or closing this box, you consent to our use of cookies. To learn more, visit our Privacy Policy