Secure Web Gateway Market is Anticipated to Gain Moderate CAGR by 2027
Stratview Research delivers key insights on the global Secure Web Gateway Market. According to Stratview Research, the market is estimated to grow at a decent CAGR of 5.1% during the forecast period to reach a value of US$ 310 Million in 2027.
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The present report can be of high utility for the key decision-makers and growth strategists in terms of precise market insights, forthcoming growth opportunities, and key success factors. Especially, the report also analyses and mentions the possible impact of COVID-19 on the market dynamics. This will not only help in mitigating the uncertain business environment, but also help in rearranging the strategies and future- decisions in a fruitful manner.
Key Players
The following are some of the key players in the Secure Web Gateway Market:
• NortonLifeLock Inc.
• Zscaler, Inc.
• Cisco Systems, Inc.
• Check Point Software Technologies Ltd.
• Thoma Bravo, LLC
• Forcepoint LLC
• Trend Micro Inc.
• Comodo Security Solutions, Inc.
• McAfee, LLC
• NetSkope Inc.
Growth drivers and Market Value:
This report, from Stratview Research Secure Web Gateway market value and growth drivers over the trend period of 2022-27. According to the report -
Secure Web Gateway market is likely to witness an impressive CAGR of 18.4% during the forecast period. The prime factors contributing to the demand for secure web gateways are growing usage of cloud-based platforms & internet services with increasing adoption of secure web gateway solutions in the SMEs and large enterprises to secure their portal and confidential data from rising level of cyber attacks from the hackers.
Segment Analysis:
Based on by Component Type:
Based on the component type, the market is segmented as solutions and services. The solutions segment held the larger share of the market in 2021, and is expected to remain dominant during the forecast period. Among the solution segment, threat protection is projected to be the largest subsegment during the forecast period, owing to its usage among the end-users to protect their computer and software from virus and malware.
Based on Regional:
In terms of regions, Asia-pacific is estimated to be the largest market and is also projected to witness the highest growth in the market fueled by high demand in major countries of the region, such as China, Japan, and India. The dominance of the region is attributed by the rising number of cyberattacks, especially in the aforesaid countries. The demand for such solutions has also been raised by governments of China, Japan and India; in order protect government websites from hackers. China, Japan, and India, are the growth engines of the Asia-Pacific’s secure web gateway market.
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FREQUENTLY ASKED QUESTIONS
The report answers several questions related to the market. The user can get to know the answers to the following questions…
- What is the global demand for Secure Web Gateway Market in terms of revenue?
- Which are the prominent players in the market?
- At what CAGR is the market projected to grow within the forecast period?
- What are the driving factors fuelling the growth of the market?
- Which region accounted for the largest share in the market?
- How did the Covid19 impacted the market?
- How long will it take to recover from the Covid impact?
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