Increase in Number of DDoS Attacks Propelling Growth Alternatives in the Network Security Market in North America: TechNavio Report

Renewable energy

 

  • The key vendors in the Network Security Market in North America 2015-2019 are Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., McAfee Inc., Palo Alto Networks Inc. and Symantec Corp.

London, 03 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Network Security Market in North America 2015-2019.   The popularity of SaaS-based network security solutions is one major trend being witnessed in the market. SaaS-based network security solutions automatically update products, enabling them to respond to the latest security threats. Also, increased demand for SaaS-based solutions has outpaced the demand for traditional network security software. The Network Security market in North America is expected to witness modest growth at a CAGR of 6.68 percent during the forecast period 2014-2019.

“Denial of Service is one of the most common and oldest techniques that facilitate the theft of confidential data. Hackers use DoS to gain access to a web server’s computing and network resources with data, which increases traffic,” says Faisal Ghaus, Vice President of TechNavio Research.

“Presently, hackers are increasingly choosing DDoS techniques. A hacker initiates a coordinated attack from multiple systems while using the DDoS technique, which is more powerful than DoS.”

To define the market conditions 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%…