Wednesday 29 April 2015, Amsterdam
The report recognizes the following companies as the key players in the Network Security Market in North America: Cisco Systems Inc., Fortinet Inc., Juniper Networks Inc., McAfee Inc., Palo Alto Networks Inc. and Symantec Corp.
Other Prominent Vendors in the market are: Arbor Networks, Barracuda Networks, DataVox, Dell SonicWall, HP, IBM, Kerio Technologies, Qualys, SECNAP Network Security, Sophos and WatchGuard Technologies
The report said: “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 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.