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Cloud Network Security Market By Solution Type (Secure Sockets Layer Virtual Private Networking (SSL VPN) Firewall, Intrusion Detection System (IDS) & Intrusion Prevention System (IPS), and Others), Deployment Type (On Premise and On-Demand), Organizational Size (Small & Medium Enterprises and Large Enterprises), and Industry Vertical (IT & Telecom, BFSI, Manufacturing, Education, Service Providers, Government & Defense, Healthcare & Life Science, Others) : Global Opportunity Analysis and Industry Forecast, 2020–2027

A08340
Pages: NA
Feb 2021 | 119 Views
 
Author(s) : NA
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Charts: NA
 

COVID-19

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Cloud Network Security Market Statistics: 2027

Cloud network security consists of a set of policies, controls, procedures and technologies that work together to protect cloud-based systems, data, and infrastructure. These security measures are configured to protect cloud data, support regulatory compliance, and protect customer privacy as well as setting authentication rules for individual users and devices. In other words, it is the protection of data stored online via cloud computing platforms from theft, leakage, and deletion. Methods of providing cloud security include firewalls, penetration testing, obfuscation, tokenization, virtual private networks (VPN), and avoiding public internet connections. 

Cloud security offers many benefits including centralized security, reduced costs, reduced administration, reliability, and secured data in cloud. In addition, cloud security also provides protection of organization from threats, guarding them against internal threats, and also data loss. 

Cloud Network Security Market

 

Report Matric

Details

  Market size available for the years

  2019-2027

  Base year considered

  2019

  Forecast period

  2020-2027

  Forecast unit

  Value (USD)

  Segments covered

  • Solution Type
  • Deployment Type
  • Organizational Size
  • Industry Vertical
  • Region

  Regions covered

  • North America (U.S. and Canada),
  • Europe (Germany, UK, France, and Rest of Europe),
  • Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific),
  • LAMEA (Latin America, Middle East, and Africa)

  Companies covered

 

  • IBM Corp.
  • Intel Corp.
  • Huawei Technologies Co. Ltd.
  • Juniper Networks.
  • Cisco Systems Inc.
  • Palo Alto Networks Inc.
  • Trend Micro Inc.
  • Check point software technologies Ltd.
  • Fortinet Inc.
  • Pulse Secure LLC.

 

COVID-19 scenario Analysis:

  • The pandemic has created an enormous challenge for businesses worldwide to continue operating despite massive shutdowns of offices and other facilities. Information technology on which businesses are dependent such as data centers, cloud systems, departmental servers, and digital devices are used remotely by employees so the data becomes more vital.
  • Officials are depending on digital channels to reassure public and maintain order. They are communicating rapidly evolving rules, sharing critical physiological and psychological health information, and debunking onslaught of rumors, fraud, and misinformation about bogus remedies. They are using these digital channels to urge employers to pay salaries and consumers to avoid hoarding food, medical supplies and personal protective equipment. The growing use of digital channels lead to increase in cyber-attacks, which is expected to boost adoption of cloud network security solutions.
  • Surge in communications and wholesale shift to operate businesses online have at the same time increased risk of cyber-attacks by an order of magnitude. They have also introduced a wide range of new risks. Perimeter security of organizations is at risk of being breached. The need for surveillance and real-time risk analysis for breaches at both physical and digital entry points is increasing, which is expected to impact positively on the cloud network security market growth.
  • Threat detection and response capabilities must include advanced capabilities supported by next-generation technologies like big data, artificial intelligence and machine learning. These are needed to detect and respond to adverse behavior at machine speed, without human interventions. Rise in use of these advanced technologies is expected to lead to adoption of cloud network security solutions.   

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Factors such as easy stage implementation, application-based segmentation, product availability, and protection of businesses from threats drive growth of the cloud network security market. Moreover, reduced cost, reduced administration, centralized security, and reliability also boost growth of the market. However lack of bonding and alliance between small scale enterprises and cloud service providers restrain growth of the market.  Furthermore internal firewalls for individual applications and databases, strong physical security, and end to end encryption are some of the opportunities expected from this cloud network security market. 

Growth in adoption of cloud network security solutions

Cloud network security offers centralized applications and data, which consists of numerous devices and endpoints that can be difficult to manage when dealing with standalone systems.  Managing these entities enhances traffic analysis and web filtering. Disaster recovery plans can also implemented easily when they are managed in one place and thus the demand for centralized security is on the rise among organizations.

Week alliance and bonding within customer and service providers: 

Small and medium scale enterprises are not easily getting ready to transfer their business on cloud platform. As they have trust issues related to terms and conditions of cloud service provider companies. Moreover, they are also less confident about transparency in cloud service and its security. This factor hinders growth of the cloud network security market globally.

Key Segments covered:

Segments

Sub Segments

  Solution Type

  • Secure Sockets Layer Virtual Private Networking (SSL VPN)
  • Firewall
  • Intrusion Detection System (IDS)
  • intrusion Prevention System (IPS)
  • Others

  Deployment Type

  • On-premise
  • On-demand

  Organizational Size

  • Small & Medium Enterprise
  • Large Enterprise

  Industry Vertical

  • IT & Telecom
  • BFSI
  • Manufacturing
  • Education
  • Service Providers
  • Government & Defense
  • Healthcare & Life Science
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global cloud network security market along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of global cloud network security market share.
  • The current cloud network security market is quantitatively analyzed from 2019 to 2027 to highlight the global cloud network security market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides detailed cloud network security market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:

  • Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
  • Technologically sophisticated and reliable insights through well audited and veracious research methodology
  • Sovereign research proceeds that present a tangible depiction of marketplace


With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.

Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

  • Patent and regulatory databases for understanding of technical & legal developments
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic new articles, web-casts and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast


Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:

  • Validates and improves the data quality and strengthens research proceeds
  • Further develops analyst team’s market understanding and expertise
  • Supplies authentic information about market size, share, growth and forecasts


Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:

  • Chief executives and VPs of leading corporations specific to industry
  • Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)


Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
 
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