Tuesday, 22 September 2015

Global Network Security Market Will Grow At A CAGR of 8.2% From 2013-2018

Network security consists of products and services used to monitor, detect, and prevent unauthorized access, misuse, malfunctioning, and destruction of a computer network. 

It helps to provide and maintain a secure platform to enable users in the network to perform their critical tasks. Network security is increasingly gaining prominence especially because the number of hackers who want to extort money or steal critical information has increased. 

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Not only has the number of networks security threats increased, the level of sophistication is much higher and traditional defense mechanisms are no match for these threats. 

Organizations, both large and small, have begun to realize the importance of network security systems and have increased their investment in network security. In addition, there is now a growing realization that network security systems can also increase workforce productivity, reduce costs, and offer significant competitive advantages to an organization. 

TechNavio's analysts forecast the Global Network Security market will grow at a CAGR of 8.2 percent over the period 2013-2018. 

Covered in this Report 

This report covers the present scenario and the growth prospects of the Global Network Security market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of UTM solutions, Integrated VPN/Firewall solutions, Content Gateway Security solutions and IDP solutions. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market. 

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In addition, the report discusses the major drivers that influence the growth of the Global Network Security market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

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