Global Next-generation Security Solutions Market 2018-2022: Key Drivers, Challenges & Trends - Market to Grow at a CAGR of 12.17%

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Jan 11, 2018, 12:45 ET

DUBLIN, Jan. 11, 2018 /PRNewswire/ --

The "Global Next-generation Security Solutions Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global next-generation security solutions market to grow at a CAGR of 12.17% during the period 2018-2022.

Global Next-generation Security Solutions Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The next generation security solutions market is highly fragmented. The vendors in the next generation endpoint security market are classified as category-focused, diversified, industry-focused, and pureplay. Category-focused vendors are increasingly focusing on providing their services, solutions and products to the end-users in the IT security segment. Diversified vendors of the next generation endpoint security market are offering their products and services to various business verticals and industries.

Based on deployment and analysis the market can be segmented into On-premises and cloud based. The popularity of on-premises next-generation security solutions is increasing since they offer advanced security by shielding an organization's internal PCs from the online world. With the rising focus of SMEs in the banking, financial services, and insurance (BFSI) on security over cost-effectiveness, the preference for on-premises next-generation security will increase in the comiung years.

The latest trend gaining momentum in the market is adoption of IoT. Internet of Things (IoT) is an interaction between devices, and it allows the exchange of large volumes of data stored on the cloud. This data, however, needs to be organized to simplify data analysis and presentation. IoT enables better connectivity and resolves all critical solutions. The technology is expected to be integrated with advanced features, enabling improved functionalities.

According to the report, one of the major drivers for this market is rising trend for IT consolidation and modernization. Numerous organizations are focusing on achieving economies of scale and improve the operational efficiency through consolidation of IT infrastructures such as data centers and networking systems. This drives the implementation of advanced IT service delivery models such as managed and shared IT services.

The adoption of IT services is high due to the rising demand for IT modernizations in various industries such as the telecom and healthcare sectors. The preference for IT solutions such as cloud computing and analytics is also increasing due to the changing business dynamics. The growth in IT consolidation is resulting in an increased data vulnerability. This in turn, will boost the need for next-generation security solutions including the internet security software.

Key vendors

Cisco Systems
CheckPoint Software technologies
Symantec
Palo Alto Networks

Other prominent vendors

McAfee
Juniper Networks
Fortinet
Sophos
HPE
SecureLink
Citrix Systems
Kaspersky Lab
WatchGuard Technologies
Dell
Huawei Technologies
F-Secure
Voyager Networks
Barracuda Networks
IBM
Microsoft
CA Technologies
Trend Micro,
FireEye
RSA Security

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation By Deployment

Part 09: Customer Landscape

Part 10: Market Segmentation By End-User

Part 11: Regional Landscape

Part 12: Decision Framework

Part 13: Drivers And Challenges

Part 14: Market Trends

Part 15: Vendor Landscape

Part 16: Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/drvkh6/global?w=5

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SOURCE Research and Markets