Northbrook, IL 60062 -- (SBWIRE) -- 05/30/2023 -- The global Secure Web Gateway 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, according to research report by MarketsandMarkets™. The major growth drivers for the market include the rising need for protection from web-based cyberattacks.

Browse in-depth TOC on "Secure Web Gateway Market"

128 - Tables
34 - Figures
159 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=122342997

Based on organization size, the large enterprise segment to lead the market in 2019

Large enterprises have more than 1,000 employees. They are strongly investing in advanced technologies to increase their overall productivity and efficiency. They are expected to invest significantly in implementing SWG solutions because of their capability to offer end-to-end protection in web security and to enforce the same level of security to applications. With a rise in trends such as Bring Your Own Device (BYOD) and cloud-based applications, the number of touchpoints has increased in an organization; thus, raising the risk of cyber threats. To protect business networks, terminals, and information from cyber threats, data thefts, and unauthorized access, enterprises are considering the adoption of SWG solutions.

SWG players such as Symantec, Zscaler, and Cisco provide solutions that cater to the needs of large enterprises. Large enterprises are expected to continue to adopt solutions and services from these companies through cloud as well as on-premises SWG solutions.

Based on verticals, the IT and telecom vertical to grow at the fastest growth rate during the forecasted period

IT and telecom companies are being attacked by cyber attackers more and more. The growing involvement of IT services into daily operations of companies across all verticals, coupled with the increasing sophistication of attacks, is compelling the companies to adopt web-based security solutions. The rising use of cloud computing, IoT, and BYOD has raised concerns over security solutions to be adopted in the telecom vertical. Operators controlling and operating critical infrastructure communicate and store sensitive data that are prone to sophisticated and complex attacks, such as Distributed Denial of Service (DDoS) attacks and ransomware attacks. With the evolving landscape of cyber threats, IT organizations, telecom operators, and service providers across the US, UK, Germany, France, China, Japan, India, Singapore, and other countries are deploying SWG solutions to combat the emerging threats on their infrastructure.

North America to hold the highest market share during the forecast period

The North American region has sustainable and well-established economies, which empower it to invest significantly in R&D activities, thereby contributing to the development of new technologies in SWG. The presence of the majority of key players is expected to be a major factor driving the growth of the market in this region. Key players such as NortonLifeLock, Zscaler, Cisco Systems, Check Point Software Technologies, Sophos Group plc, Forcepoint, Trendmicro, Comodo Group, and Mcafee, LLC, along with several startups in the region, are offering SWG solutions and services to cater to the needs of customers.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=122342997

Market Players

The major vendors covered in the SWG market include NortonLifeLock Inc. (Symantec Corporation) (US), Zscaler, Inc. (US), Cisco Systems Inc. (US), Check Point Software Technologies (Israel), Sophos Group PLC (UK), Forcepoint (US), TrendMicro Incorporated (Japan), Comodo Group (UK), McAfee, LLC (US), Thoma Bravo (Barracuda Networks, Inc.) (US), NetSkope (US), A10 Networks, Inc. (US), Cyren (Israel), Sangfor Technologies (China), CATO Networks (Israel), Content Keeper (Australia), iboss (US), Menlo Security (US), F5 Networks Inc. (US), and Citrix Systems Inc. (US).

Browse Other Reports:

Video Conferencing Market - Global Forecast to 2027

Smart Cities Market - Global Forecast to 2027

Digital Signature Market - Global Forecast to 2027

Traffic Management Market - Global Forecast to 2027

5G Services Market - Global Forecast to 2027

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit MarketsandMarkets™ or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/secure-web-gateways-market.asp
Visit Our Website: https://www.marketsandmarkets.com/
Content Source: https://www.marketsandmarkets.com/PressReleases/secure-web-gateways.asp