Network Security Market in North America 2015-2019
About Network Security
Network security encompasses several areas such as monitoring, detection, and prevention of unauthorized access. It has gained increased traction among enterprises worldwide because of a considerable increase in cyber-attacks. Network security solutions help enterprises maintain a secure platform to perform critical tasks. Organizations have started to increasingly invest in network security solutions to enhance their overall security management, increase productivity, and reduce costs.
TechNavio's analysts forecast the Network Security market in North America to grow at a CAGR of 6.68 percent over the period 2014-2019.
Covered in this Report
The report covers the present scenario and growth prospects of the Network Security market in North America for the period 2015-2019. To calculate the market size, the report considers the revenue generated from the following application segments of the Network Security market in North America:
TechNavio Announces the Publication of its Research Report – Network Security Market in North America 2015-2019
TechNavio recognizes the following companies as the key players in the Network Security Market in North America: Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., McAfee Inc., Palo Alto Networks Inc. and Symantec Corp.
Other Prominent Vendors in the market are: Arbor Networks, Barracuda Networks, DataVox, Dell SonicWall, HP, IBM, Kerio Technologies, Qualys, SECNAP Network Security, Sophos and WatchGuard Technologies
Commenting on the report, an analyst from TechNavio’s team said: “The popularity of SaaS-based network security solutions is one major trend being witnessed in the market. SaaS-based network security solutions automatically update products, enabling them to respond to the latest security threats. Also, increased demand for SaaS-based solutions has outpaced the demand for traditional network security software.”
According to the report, increased use of mobile devices and tablets has given rise to many identification issues. To overcome this, companies need a security solution to restrict employees from misusing confidential data through fraudulent activities. Also, increased use of portable devices has made corporate networks more susceptible to hacking. Hence, companies are adopting network security solutions to secure their network and provide safe access.
Further, the report states that increased complexity of network infrastructure is one of the major challenges in the market. As the number of security devices is increasing, end-users are expecting security solutions with improved integration capabilities. This is creating a challenge for vendors because they are required to provide solutions with advanced and seamless integration.
Cisco Systems, Fortinet, Juniper Networks, McAfee, Palo Alto Networks, Symantec, Arbor Networks, Barracuda Networks, DataVox, Dell SonicWall, HP, IBM, KerioTechnologies, Qualys, SECNAP Network Security, Sophos, WatchGuard Technologies