London, 10 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the global content security gateway market 2015-2019, which is expected to grow at a CAGR of 4.18% during the forecast period of 2014-2019.
Increasing adoption of private cloud data centers and virtualization promote growth in this market. The growing need for companies to efficiently manage their business operations has led to the rapid adoption of content security gateway solutions, which have emerged as the most practical solution for conserving the security of business operations. These solutions help companies to effectively deal with increased security and compliance risks.
“Since the market is highly fragmented with numerous small vendors mostly operating in the niche markets, there is scope for M&A. Niche market players have superior technology; therefore, the most favored method for large vendors to enter the market is through the acquisition of these players,” says Faisal Ghaus, Vice President of Technavio.
“Several large vendors such as Symantec, McAfee, and Cisco Systems have shown this trend, which is expected to continue in the future. In addition, with the increased pressure to provide integrated solutions, vendors can increase their market presence through acquisitions.”
Key Market Drivers:
- Increased Use of Mobile Devices.
- Increasing Complexity of Attacks.
- Popularity of SaaS-based Security Solutions.
- Increase in Regulatory Compliance Requirements.
Key Market Trends:
- Convergence of Technologies.
- Increase in Mergers and Acquisitions.
- Advanced Threats.
Key Market Vendors:
- CheckPoint Software Technologies Ltd.
- Cisco Systems Inc.
- McAfee Inc. (Intel Security Group)
- Symantec Corp.
- Trend Micro Inc.
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges, and trends featuring data on product segmentations, vendor shares, growth rate by revenue, and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
