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PR Newswire
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North America Network Security Market 2015-2019 - Popularity of SaaS-based Network Security Solutions with Cisco Systems, Fortinet, Juniper Networks, McAfee, Palo Alto Networks & Symantec Dominating

DUBLIN, Mar. 27, 2015 /PRNewswire/ --Research and Markets

(http://www.researchandmarkets.com/research/4mtbm7/network_security) has announced the addition of the "Network Security Market in North America 2015-2019" report to their offering.

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The Network Security market in North America to grow at a CAGR of 6.68% over the period 2014-2019.

Network security encompasses several areas such as monitoring, detection, and prevention of unauthorized access. It has gained increased traction among enterprises worldwide because of a considerable increase in cyber-attacks. Network security solutions help enterprises maintain a secure platform to perform critical tasks. Organizations have started to increasingly invest in network security solutions to enhance their overall security management, increase productivity, and reduce costs.

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.

According to the report, increased use of mobile devices and tablets has given rise to many identification issues. To overcome this, companies need a security solution to restrict employees from misusing confidential data through fraudulent activities. Also, increased use of portable devices has made corporate networks more susceptible to hacking. Hence, companies are adopting network security solutions to secure their network and provide safe access.

Further, the report states that increased complexity of network infrastructure is one of the major challenges in the market. As the number of security devices is increasing, end-users are expecting security solutions with improved integration capabilities. This is creating a challenge for vendors because they are required to provide solutions with advanced and seamless integration.

The revenue generated from the sales of hardware, software, SaaS, and virtualization deployment options of network security is also included in the scope of this study.

To calculate the market size, the report considers the revenue generated from the following application segments of the Network Security market in North America:

  • UTM
  • Integrated VPN/Firewall
  • Content Security Gateway
  • IDP

Key Vendors

  • Cisco Systems
  • Fortinet
  • Juniper Networks
  • McAfee
  • Palo Alto Networks
  • Symantec

Other Prominent Vendors

  • Arbor Networks
  • Barracuda Networks
  • DataVox
  • Dell SonicWall
  • HP
  • IBM
  • Kerio Technologies
  • Qualys
  • SECNAP Network Security
  • Sophos
  • WatchGuard Technologies

For more information visit http://www.researchandmarkets.com/research/4mtbm7/network_security

Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net

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© 2015 PR Newswire
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