Network Security Sandbox Market Size, Share & Industry Analysis By Component (Services, Solutions), By Enterprise Size (Large Enterprise, Small & Medium-sized enterprise), By Industry (BFSI, Retail, Healthcare, Education) And Regional Forecast, 2024-2032
KEY MARKET INSIGHTS
A network security sandbox is a security-related approach as it isolates programs and prevents malfunctioning programs from spying or causing damage to the rest of the machine. The expansion of cloud technologies and virtual servers has increased the implementation of integrated network security solutions in the organization. The network security sandbox is in growing phase due to the leading industry players like as Check-Point, Blue Coat, and Trend Micro are expected to increase their focus on the development of highly advanced security solutions to increase their organizational–level security.
The growing internet of things (IoT) and artificial intelligence (AI) across numerous industries generate a ton of information and large amounts of traffic, making cyber-attacks vulnerable to security and privacy invasion. Thereby sandbox analyses whether to ban or allow the network's danger based on the behaviour analysis's end-user outcomes.
Additionally, Sandboxing features have been integrated into existing products such as unified threat management, next-generation firewall, and secure web gateway, which will help the market's growth.
The security solutions provide benefits such as spyware denial, increased productivity, adware prevention, consolidation solution, and ransomware protection; thereby, the adoption of security solutions is increasing.
The escalating spread of pandemic COVID-19 has positively impacted the network security sandbox market. As a result of the nationwide lockdown, companies, and offices mainly concentrate on safety measures to get staff back to work. Cyber attacks are rapidly increasing because firms are increasingly allowing employees to work from home, owing to the use of a network security sandbox for securing networks.
Key Market Driver -
Increased adoption of cyber security solution of hyper-connectivity of diverse enterprises to drive the market growth.
Key Market Restraint -
Stringent Government rules and regulations to restrict the market growth.
Key Players Covered:
The major companies in the global network security sandbox market include VMware, Inc., Check Point Software Technologies Ltd., FireEye Inc., Cisco System, Inc., Musarubra US LLC, Fortinet, Inc., Palo Alto Networks., Lastline Inc., Symantec Corporation, Broadcom Inc., Juniper Networks, Inc., and others.
Regional Analysis:
North America is expected to hold a significant market share in the global network security sandbox market due to effective threat prevention technology and the availability of excellent IT infrastructure to protect sensitive data among numerous sectors in this region.
Asia Pacific is likely the fastest market growth with the highest CAGR during the forecast period due to the increasing inventions and usage of network security sandboxes by software providers. Additionally, increasing adoption of network security in the retail sector driving the market growth in APAC.
Furthermore, Latin America, the Middle East, and Africa are projected to witness substantial growth in the forecast period due to the increased deployment of advanced security frameworks over emerging technologies such as big data analytics and cloud technology.
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Segmentation
ATTRIBUTE | DETAILS |
By Component |
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By Enterprise Size |
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By Industry |
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By Region |
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Network Security Sandbox Industry Developments
- In June 2020, VMware, Inc. acquired Lastline, Inc to provide intrinsic security. This acquisition enables inherent features of virtualization platform to provide new security capabilities to customers.
- In March 2020, Airtel Ltd. collaborated with Cisco System, Inc. to launch India’s first automated ethernet over fibre network. This will help to increase network security sandbox productivity.
- Ongoing
- 2023
- 2019-2022
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