IMARC Group has recently released a new research study titled “Security Appliances Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the global security appliances market size, drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios. The market size reached US$ 116.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 236.9 Billion by 2028, exhibiting a growth rate (CAGR) of 12.6% during 2023-2028.
What are security appliances?
Security appliances refer to stand-alone tools and practices designed to protect a computer network from unwanted cyber traffic. Some common types of security appliances include active, passive and preventive devices and unified threat management. These applications are deployed on-cloud and on-premises by organizations to prevent possible threats to data, hardware, network, and computer programs, such as data theft, burglary, terrorism, and virus. Security appliances involve user accounts, encryption, anti-virus software, and a firewall that works in combination to filter trusted and untrusted networks. On account of these benefits, they find extensive applications across the defense, healthcare, information technology (IT), and banking, financial services and insurance (BFSI) industries.
Request to Get the Sample Report: https://www.imarcgroup.com/security-appliances-market/requestsample
Market Trends and Growth Drivers:
The increasing incidents of cyberattacks and rising security breaches represent the key factor driving the global security appliances market growth. As a result, organizations are widely adopting cloud-based solutions combined with additional infrastructural technologies to create highly secure platforms. Additionally, the emerging trend of bring-your-own-devices (BYOD) to the workplace has further accelerated the market growth as it has made networks more vulnerable to malware and cyber threats.
Moreover, security appliances are cost-effective and provide advanced solutions for managing complex data volumes, which is acting as a major growth-inducing factor. Apart from this, the development of advanced security appliances integrated with improved range, capabilities and functionalities, are further creating a positive outlook for the market.
Competitive Landscape:
The competitive landscape of the security appliances market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Bosch Sicherheitssysteme GmbH (Robert Bosch GmbH)
Check Point Software Technologies
Cisco Systems Inc.
Fortinet Inc.
Hewlett Packard Enterprise Company
Honeywell International Inc.
Intel Corporation
Juniper Networks Inc.
NortonLifeLock Inc.
Palo Alto Networks Inc.
Trend Micro Inc.
Key Market Segmentation:
The report has segmented the global security appliances market based on type, deployment, end user, vertical and region.
Breakup by Type:
Firewall
Unified Threat Management (UTM)
Intrusion Detection and Prevention (IDP)
Content Management
Virtual Private Network (VPN)
Others
Breakup by Deployment:
Cloud-based
On-premises
Breakup by End User:
Small and Medium Enterprises
Large Organizations
Breakup by Vertical:
BFSI
Healthcare
IT and Telecom
Retail
Energy and Utilities
Manufacturing
Other
Breakup by Region:
North America
Asia Pacific
Europe
Latin America
Middle East and Africa
Speak to an Analyst: https://www.imarcgroup.com/request?type=report&id=2400&flag=C
Key Highlights of the Report:
Market Performance (2017-2022)
Market Outlook (2023-2028)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us:
IMARC Group
134 N 4th St
Brooklyn, NY 11249, USA
Website: https://www.imarcgroup.com/
Email: [email protected]
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
