TechNavio recognizes the following companies as the key players in the Global Enterprise Network Security Market: Check Point Software Technologies Ltd., Cisco Systems Inc., Fortinet Inc., and Juniper Networks Inc.
Commenting on the report, an analyst from TechNavio’s team said: “Another interesting trend in the market is the growing demand for network security solutions from SMBs. SMBs are witnessing rapid expansion and growth, and hence they are coming under the purview of regulatory authorities. Earlier compliance regulations that were applicable only to large enterprises are now also applicable to SMBs. Further, the mushrooming of medium financial services companies is drawing the attention of regulatory authorities. Hence, driven by the increase in the frequency of attacks and the stringent compliance regulations, SMBs are adopting network security solutions at a fast rate. Currently, SMBs comprise only 35-40 percent of the Global Network Security market’s end-users. However, such a high rate of adoption will propel SMBs among the top and most prominent end-users of network security solutions by the end of the forecast period.”
According to the report, one of the main drivers is the increase in virtualization of servers. Virtualization is in high demand in the enterprises. Most of the large enterprises are increasingly virtualizing their servers for reasons such as increasing productivity, centralizing management, and cutting costs.
Further, the report states that one of the main challenges is the implementation challenges faced by the vendors in the growing IT infrastructure. The large and medium enterprises have customers entering the networks from various geographies, and they always have their employees on the move because of the increasing business needs. This has increased the implementation issues of security solutions.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are McAfee, IBM, HP, SonicWALL, and Palo Alto.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-enterprise-network-security-marke…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
Follow us on Twitter @ Technavio