According to a new report Global Secure Web Gateway Market, published by KBV research, The Global Secure Web Gateway Market size is expected to reach $11.5 billion by 2025, rising at a market growth of 16.9% CAGR during the forecast period.
Large enterprises invest extensively in advanced technologies for increased productivity and overall performance. Their capacity to provide full web-based protection and enforce the same degree of security for applications helps them in spending significantly to implement SWG solutions.
The BFSI industry comprises more than 1/5 of the worldwide adoption of secure web gateways while growing technologies are projected to contribute to an improvement in market share in retail and e-commerce industries. The scope of the applications in the IT and telecommunications sectors is also rising substantially.
The region of North America has well developed and sustainable economies that allow it to invest significantly in R&D activities and thus lead to new SWG technology growth. A major determinant of the growth of the competition in the region is projected to be the involvement of the most important players across the market. The Asia Pacific market is projected to rise at the fastest growth rate over the coming years. The country has undergone tremendous economic growth, political transition and social change over the past decade. With threats becoming more sophisticated, countries like Hong Kong, India, Japan, and Singapore have revised or introduced new strategies in the field of national security.
Structural Insights: https://www.kbvresearch.com/secure-web-gateway-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Cisco Systems, Inc., F5 Networks, Inc., Citrix Systems, Inc., A10 Networks, Inc., Barracuda Networks, Inc. (Thoma Bravo), McAfee, LLC, Sophos Group PLC, NortonLifeLock, Inc., Check Point Software Technologies Ltd., and Zscaler, Inc.
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