Network
Security Software Market By Organization Size, and By Vertical and by Geography
– Opportunities and Forecast, 2019-2026
The GMI Research foresees a rise in the demand of the Network
Security Software Market over the forecast period. This is because of
the surging implementation of network security software solutions to identify
and evade threats at early stage.
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Network security software offers safety by terminating the
chances to enter and stretching it to the network. It is the incorporation of
several layers of defense in the network. The accelerating number of malware
attack has raised the apprehension towards security of data and network, which
stimulates the demand for global
network security software. Network security software is formulated to
safeguard the network and data, including software and hardware from several
threats. For example, Cisco, in Jun 2019, introduced an AI-based network
analytics which handles users and networks from campus and area network to data
center and internet of things. Additionally, the increasing tendency of Bring
Your Own Device (BYOD) also propels the demand for network security software
solutions. Moreover, as stated by the Network Security Market Share Report, rigorous norms for network security are also
projected to fuel the market growth. However, the inflated cost of solution is
projected to restrain the market size.
The government vertical is projected to dominate the network
security software market over the forecast period. With the growing application
of mobility, the public sector has actuated using mobile devices to improve
worker’s return and enhance the functioning of public sector departments. The
government vertical handles highly private and personal information about the nation
and its people. This personal information is easily available to be used by
public with the help of modern technologies, such as social media, mobile and
cloud. Moreover, the growing usage of the technologies has raised the number of
thefts, cyberattacks, and acquiring data through unauthorized approaches. Moreover,
the software also helps to enhance the security of data and private information
by decreasing the chances of unidentified entries.
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Research
GMI research offers business bits of knowledge and
statistical surveying reports to several small and big ventures and large associations.
The group of examiners and industry specialists assists customers with securing
the impact of dynamics like share, drivers, size, growth openings, and upcoming
challenges.
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