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Global Secure Web Gateway Market Report - Segmented by Components (Social Media Control, E-mail Gateway, Data Loss Prevention, Content Inspection Management & others), Services (Consulting Services, Professionals Services, and Training & Education), Verticals (BFSI, Healthcare, Retail, Government & Defence, Telecommunication, Manufacturing, etc.), Deployment (Cloud & On-premise), Enterprise size (Large, Medium, Small Enterprises), and by Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2023 – 2028)

Published: March, 2023
ID: 9522
Pages: 150
Formats: report pdf report excel report power bi report ppt

Global Secure Web Gateway Market Size & Growth Analysis (2023 - 2028)

Global Secure Web Gateway Market is projected to grow from US$ 4.6 billion in 2022 with a predicted compound annual growth rate (CAGR) of 19.1% to reach US$ 10.9 billion by 2028. Secure Web gateway contains hardware, software devices & application. To protect this software from threats, URL filtering is essential. The Internet transports the risks due to which it will affect on system, resulting in damage. These gateways are implemented to secure the organization. The secure web gateway protects customer data when they are connected to networks with regulated protection policies.

The major vendors would face the competition in the market place from local vendors from a different region, especially in the field of email security & social media. Most of the organizations are shifting towards centralization. IT infrastructure & connected resources were hosted by company headquarters. This protected their network from secure web gateways. The evolving technology in the market and the increasing support of government anticipated the new opportunities for the secure web gateway market.

Recent development:

  • In 2020, Cisco released security updates to address vulnerabilities such as FXOS and NX-OS software security. It gives software updates about exploitation vulnerabilities. 
  • In 2020, McAfee announces that they acquire Light Point Security for browser isolation. The McAfee plans to integrate with Light point Security for isolation technology.
  • In 2019, Cisco acquired Acacia Communication, Inc. Cisco supplies the designs & manufacturing the high speed, optical interconnect technologies it allows web-scale companies.
  • In 2019, Symantec bought the startup Luminate Security to Aid Application Defence, the company delivered the private, secure applications, to protect users around workloads. It will reduce the threats, provide security to network, emails & clouds, reduced the complexity and cost.
  • In 2019, Check Point Software Technologies Ltd., partners with Singapore Polytechnic. The company provides education programs worldwide. They develop hands-on experience with leading security solutions from classroom to career.

Drivers:

Industrialization & emerging advanced technology in business management have helped to innovate several industries. There is an increasing number of internet threats around the world. In various countries & companies, the government carried out the solution due to the rapid growth of data leakage activities. Organizations use legacy secure web gateways to protect their networks. Rising demand of end to end security solution and increased usage of the internet, are the major drivers in the global secure web gateway market.

Restraints:

The primary concern to organizations is how to deal with malicious links which increase the threats, viruses in the computer through social media. This will hamper the market growth in competitors. Significant growth in cyber-attacks at the corporate level and lack of awareness about secure web gateway markets are hindering the business expansion. Also, the growing demand for internet usage will give rise to the incidence of malware threats.

SECURE WEB GATEWAY MARKET REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2022 - 2028

Base Year

2022

Forecast Period

2023 - 2028

CAGR

19.1%

Segments Covered

By Component, Services, Verticals, Deployment, Enterprise Size, and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

NortonLifeLock Inc. (SymantecCorporation),Cisco Systems Inc,Comodo Group,McAfee, LLC,Sophos Ltd,Microsoft Corporation,Dell Inc,Check Point Software Technologies,IBM,Trend Micro, Inc and Others.

 

 

Secure Web Gateway Market segmentation:

Secure Web Gateway Market By Components:

Secure web gateway market depending on Components into social media control, email gateway etc. On social media & email, the web gateway market explores its business by providing security to their personal information at the cloud and on-premise solutions. The email gateway solution dominates the current market. Cloud technology is expected to grow in the market until 2023. The rapid growth in information technology with big data is a significant concern for organizations.

Secure Web Gateway Market By Vertical:

Based on verticals, the global market covers BFSI, telecommunication, healthcare, industrial, retail, government, and others. The Government & Defence vertical anticipated growth in the next few years. In this vertical, security needs about confidential data are developing the market. In the banking sector, an increase in the use of the mobile application and web adoption support growth in web gateway market. The government is acquiring the technology for faster processing.

Secure Web Gateway Market By Enterprise Size:

Depends on Organization size, in a large organization, the investors are more. In this organization, the innovation of advanced technology is done & the productivity, efficiency is more than a small organization. Some of the large organizations are Microsoft Corporation, IBM, Dell etc.

In a large organization workforce or labour, employees are more than 1000. The investment growth in these organizations is increasing due to the implementing secure web gateway solution, as per the demand from the market place. Companies provide the end to end protection to web security & enforce to the same level.

Secure Web Gateway Market By Service:

Organizations currently focus on consulting services. The adoption of a secure web gateway as the solution is show result in consulting services. On the other side, IT organizations provide training & education services for their employees about Secure web gateway.

Secure Web Gateway Market By Deployment:

Based on deployment, the global market is bifurcated into On-premises and Cloud. The cloud segment held the lion’s share in the overall market and is likely to develop tremendously in the coming years.

Geographical overview & regional analysis:

The secure web gateway market is expanded up to a global level. North America became a leading player in the global secure web gateway market in 2018. North America region is well established, and it empowers with significant R&D activities. North America is contributing to the development of new technology, which is developing secure web gateways. North America generates all cloud storage, as most of the cloud distribution market is located in North America. 

Asia Pacific region has excellent scope in the global secure web gateway market in terms of solution. Asia Pacific market is expected to register a compound annual growth rate of about 19% during the forecast period 2020-2025.

Competitors in market place & strategies implemented in the market:

As per the demand in the market, competitors plan their strategies to be competitive in the marketplace. The competitors give several offerings to local companies to expand their business in the market and strategies they apply to include mergers, a new development in products, more storage data, data protection anti-virus, and partnership in business. Launch of new products at affordable prices is the latest strategy implemented in this market.

Major players in the marketplace:

  • NortonLifeLock Inc. (Symantec Corporation)
  • Cisco Systems Inc.
  • Comodo Group
  • McAfee, LLC
  • Sophos Ltd.
  • Microsoft Corporation
  • Dell Inc.
  • Check Point Software Technologies
  • IBM
  • Trend Micro, Inc.

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