Forecast and Future Outlook of the Secure Web Gateway Market - FMI

A Secure Web Gateway market (SWG) is a sort of security solution intended to safeguard a company's network from online dangers like malware, phishing, and other types of cyber attacks. The Secure Web Gateway market is expanding, as more organisations want to secure their networks from these types of threats. There are numerous suppliers on the market who provide SWG solutions with varying features and capabilities.

These solutions are commonly used in conjunction with other security solutions like as firewalls, intrusion detection and prevention systems, and antivirus software, and can be installed on-premises or in the cloud.The market is expected to continue to grow as organizations increasingly rely on the internet for business operations and the need for advanced security solutions increases.

Software-as-a-service (SaaS) apps are becoming widespread in businesses of all sizes and sectors, and as a result, security control is moving to the cloud. As a result, there have been substantial advancements made in secure web gateway systems to manage bandwidth usage, restrict web traffic, and shield consumers from online risks.

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SWG solutions presently have a higher revenue share (2/3) than services in the secure web gateway industry, but the demand for the former is expected to skyrocket in the near future. The vast majority of businesses today still require Internet access, thus market participants are focusing more on their services to stay current.

Which companies are leading the secure web gateway market?

Key players in the global secure web gateway market include

• Symantec,
• Forcepoint,
• Cisco Umbrella,
• Zscaler, Inc.,
• McAfee, LLC,
• Trend Micro Incorporated,
• Sophos Ltd.,
• Barracuda Networks, Inc., and
• Webroot Inc.

Secure Web Gateway Market – Key Highlights

• As Latin America exhibits a CAGR of 24%, this region is expected to overtake North America by 2026.
• On the basis of industry segmentation, BFSI accounts for almost 1/5 of global adoption of SWG.
• Market vendors have shifted their focus to URL filtering, malware defense, and tunnelling options.
• On the basis of region, Europe has taken the spotlight with Western Europe being at the top.

Secure Web Gateway Market – Driving Factors

• Wide applications and adoption of secure web gateway in e-commerce and retails industries is driving the market.
• Network designing and integration services is gaining pace in the developing economies and contributing to the economy.
• MEA is set to provide series of opportunities and is said to be the most lucrative of all.
• As the financial and industrial sectors are digitalizing themselves by adopting SWG, this market is growing at a considerable rate.

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