DUBLIN, Mar 31, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Network Forensics Market by Solution, Service, Application Area, Deployment Mode, Organization Size, Vertical, and Region - Global Forecast to 2021" report to their offering.
The network forensics market size is expected to grow from USD 1.25 Billion in 2016 to USD 2.69 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 16.6% during the forecast period. The major growth drivers of the market include increased need to secure networks from advanced attacks, such as ransomware, Distributed Denial of Service (DDoS), and Advanced Persistent Threats (APTs); increased sophistication in attacking/hacking techniques; and need of government regulations and regulatory compliances.
The network forensics market is segmented by solution, service, application area, deployment mode, organization size, vertical, and region. The solutions segment is estimated to have the largest market size in 2016. Moreover, the services segment is expected to grow at the highest CAGR during the forecast period. The reason behind the high growth rate of the services segment is the increased adoption of Bring Your Own Device (BYOD) and Internet of Things (IoT) trend within organizations. This results in an increase in cyberattacks and creates demands for more comprehensive network security solutions and services that would help customers in securing their IT infrastructure.
The data center security segment is expected to grow at the highest CAGR during the forecast period. However, the network security segment is estimated to account for the largest share of the network forensics market in 2016. The cloud-based deployment mode is expected to grow at the highest CAGR during the forecast period. The large enterprises segment is estimated to account for the largest market size in 2016. Moreover, the Small and Medium Enterprises (SMEs) segment is projected to grow at the highest CAGR during the forecast period.
Network forensics solutions have been deployed across various verticals, including Banking, Financial Services, and Insurance (BFSI); government; healthcare; energy & utilities; education; IT & telecom; manufacturing; retail; and others (media & entertainment, aerospace & defense, and hospitality). The energy and utilities vertical is expected to grow at the highest CAGR during the forecast period. However, the BFSI vertical is estimated to have the largest market size in 2016.
- Cisco Systems, Inc.
- EMC RSA
- Fireeye, Inc.
- IBM Corporation
- Logrhythm, Inc.
- Netscout Systems, Inc.
- Savvius, Inc.
- Symantec Corporation
- Viavi Solutions
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Network Forensics Market Analysis, By Solution
8 Network Forensics Market Analysis, By Service
9 Network Forensics Market Analysis, By Application Area
10 Network Forensics Market Analysis, By Deployment Mode
11 Network Forensics Market Analysis, By Organization Size
12 Network Forensics Market Analysis, By Vertical
13 Geographic Analysis
14 Competitive Landscape
15 Company Profiles
16 Key Innovators
For more information about this report visit http://www.researchandmarkets.com/research/46233z/network_forensics
Laura Wood, Senior Manager
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SOURCE Research and Markets