Virtual Security Appliance Market Size, Share, Analysis 2030
Virtual Security Appliance Market Size, Share, Analysis 2030
Segments - Virtual Security Appliance Market by Products (Unified Threat Management, Intrusion Detection & Prevention, Content Management, Virtual Private Network, Firewall, and Others), End-users (SMEs, Large Enterprises, and Government Organizations), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
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| Report ID :ICT-SE-3781
| 4.5 Rating
| 78 Reviews
| 199 Pages
| Format :
Report Description
The global virtual security appliance market size is estimated to expand at a significant CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the emerging and increasing threats to danger security systems associated with the wide use of cloud-based platforms.
A virtual security appliance is a type of device or machine that runs in virtualized settings to ensure high protection of associated networks and devices. Since it comes pre-installed with an operating system and a security application on virtualized hardware, it is dubbed as an appliance. Data centers, businesses, and carriers represent key users that focus on installation of advanced security networking system and applications to ensure that the safety of their assets and data. For instance, data centers have to manage the massive waves of attacks and threat they face on a regular basis and implementation of such security appliance is highly required to accommodate massive increase in the protection of data. Business organizations are increasingly implementing virtualization technologies that also help to reduce power usage and rack space constraints. Meanwhile, the traditional hardware security appliances service providers are facing stiff competition due to rising demand for virtual security appliances among different users.
Market Trends, Drivers, Restraints, and Opportunities
- Implementation of next-generation network infrastructure using software defined network functionalities is expected to drive the market in the coming years.
- Low power consumption, ease of maintenance, and integration are key advantages for using the security appliance system. This is a key factor propels the market.
- Lower investment cost and efficient security functions as compared to traditional security appliances are projected to boost the market during the forecast period.
- Complex procedure for setting up security for appliances in a virtual environment and lack of experts handling the application are major challenges that can hinder the market expansion.
- Introduction of internet protocol-based electronic access control systems and increasing integration of advanced technology are estimated to create lucrative opportunities for the market expansion.
Scope of the Report
The report on the global virtual security appliance market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Virtual Security Appliance Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Products (Unified Threat Management, Intrusion Detection & Prevention, Content Management, Virtual Private Network, Firewall, and Others) and End-users (SMEs, Large Enterprises, and Government Organizations) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Check Point Software Technologies; Trend Micro Inc.; Cisco Systems Inc.; Fortinet; McAfee; and Juniper Networks Inc. |
Market Segment Insights
Unified threat management segment to expand at a considerable CAGR
On the basis of products, the virtual security appliance market is segmented into unified threat management, intrusion detection & prevention, content management, virtual private network, firewall, and others. The unified threat management segment is projected to expand at a considerable CAGR during the forecast period as it deals with a variety of threats considerably easier by offering a single point of protection solution. On the other hand, the firewall segment is anticipated to account for a major market share during the forecast period as it aids in the identification and counteract assaults across the whole network rapidly and efficiently.
Government organizations segment to hold significant share of the market
In terms of end-users, the market is divided into SMEs, large enterprises, and government organizations. The government organizations segment is expected to hold significant share of the market due to the increased government investments along with a low cost of human-assisted security appliance available to government organizations. However, the large enterprises segment is anticipated to account for a key market share as the increased need for intelligent video surveillance in places including retail stores, banks, casinos, and museums.
Europe is anticipated to constitute a key market share
In terms of regions, the virtual security appliance market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. Europe is expected to constitute a key share of the market during the projected period owing to gaining strong demand for such appliance by government agencies especially in Germany and the United Kingdom. However, the market of Asia Pacific is anticipated to expand at a rapid pace during the forecast period due to the increase in year-over-year sales especially in China. Meanwhile, the market of North America is projected to register high CAGR during the forecast period owing to rising use of the security appliance in the United States particular to prevent from cyber threats and other virtual security attacks.
Segments
Segments Covered in the Report
The global virtual security appliance market has been segmented on the basis of
Products
- Unified Threat Management
- Intrusion Detection & Prevention
- Content Management
- Virtual Private Network
- Firewall
- Others
End-users
- SMEs
- Large Enterprises
- Government Organizations
Regions
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Check Point Software Technologies
- Trend Micro Inc.
- Cisco Systems Inc.
- Fortinet
- McAfee
- Juniper Networks Inc.
Competitive Landscape
Key players competing in the global virtual security appliance market are Check Point Software Technologies; Trend Micro Inc.; Cisco Systems Inc.; Fortinet; McAfee; and Juniper Networks Inc. Among these players, Cisco Systems Inc. is a major company that presently has a large share in the global security appliance market, followed by Check Point Software Technologies and Fortinet. Industry companies are investing in R&D to develop novel manufacturing strategies to address the market current challenges.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Virtual Security Appliance Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Virtual Security Appliance Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Virtual Security Appliance Market - Supply Chain
4.5. Global Virtual Security Appliance Market Forecast
4.5.1. Virtual Security Appliance Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Virtual Security Appliance Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Virtual Security Appliance Market Absolute $ Opportunity
5. Global Virtual Security Appliance Market Analysis and Forecast by Region
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Region
5.2.2. Y-o-Y Growth Projections by Region
5.3. Virtual Security Appliance Market Size and Volume Forecast by Region
5.3.1. North America
5.3.2. Latin America
5.3.3. Europe
5.3.4. Asia Pacific
5.3.5. Middle East and Africa (MEA)
5.4. Absolute $ Opportunity Assessment by Region
5.5. Market Attractiveness/Growth Potential Analysis by Region
5.6. Global Virtual Security Appliance Demand Share Forecast, 2019-2026
6. North America Virtual Security Appliance Market Analysis and Forecast
6.1. Introduction
6.1.1. Basis Point Share (BPS) Analysis by Country
6.1.2. Y-o-Y Growth Projections by Country
6.2. North America Virtual Security Appliance Market Size and Volume Forecast by Country
6.2.1. U.S.
6.2.2. Canada
6.3. Absolute $ Opportunity Assessment by Country
6.4. Market Attractiveness/Growth Potential Analysis
6.4.1. By Country
6.4.2. By Product Type
6.4.3. By Application
6.5. North America Virtual Security Appliance Demand Share Forecast, 2019-2026
7. Latin America Virtual Security Appliance Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.1.3. Latin America Average Pricing Analysis
7.2. Latin America Virtual Security Appliance Market Size and Volume Forecast by Country
7.2.1. Brazil
7.2.2. Mexico
7.2.3. Rest of Latin America
7.3. Absolute $ Opportunity Assessment by Country
7.4. Market Attractiveness/Growth Potential Analysis
7.4.1. By Country
7.4.2. By Product Type
7.4.3. By Application
7.5. Latin America Virtual Security Appliance Demand Share Forecast, 2019-2026
8. Europe Virtual Security Appliance Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Europe Average Pricing Analysis
8.2. Europe Virtual Security Appliance Market Size and Volume Forecast by Country
8.2.1. Germany
8.2.2. France
8.2.3. Italy
8.2.4. U.K.
8.2.5. Spain
8.2.6. Russia
8.2.7. Rest of Europe
8.3. Absolute $ Opportunity Assessment by Country
8.4. Market Attractiveness/Growth Potential Analysis
8.4.1. By Country
8.4.2. By Product Type
8.4.3. By Application
8.5. Europe Virtual Security Appliance Demand Share Forecast, 2019-2026
9. Asia Pacific Virtual Security Appliance Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Asia Pacific Average Pricing Analysis
9.2. Asia Pacific Virtual Security Appliance Market Size and Volume Forecast by Country
9.2.1. China
9.2.2. Japan
9.2.3. South Korea
9.2.4. India
9.2.5. Australia
9.2.6. Rest of Asia Pacific (APAC)
9.3. Absolute $ Opportunity Assessment by Country
9.4. Market Attractiveness/Growth Potential Analysis
9.4.1. By Country
9.4.2. By Product Type
9.4.3. By Application
9.5. Asia Pacific Virtual Security Appliance Demand Share Forecast, 2019-2026
10. Middle East & Africa Virtual Security Appliance Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Middle East & Africa Average Pricing Analysis
10.2. Middle East & Africa Virtual Security Appliance Market Size and Volume Forecast by Country
10.2.1. Saudi Arabia
10.2.2. South Africa
10.2.3. UAE
10.2.4. Rest of Middle East & Africa (MEA)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Market Attractiveness/Growth Potential Analysis
10.4.1. By Country
10.4.2. By Product Type
10.4.3. By Application
10.5. Middle East & Africa Virtual Security Appliance Demand Share Forecast, 2019-2026
11. Competition Landscape
11.1. Global Virtual Security Appliance Market: Market Share Analysis
11.2. Virtual Security Appliance Distributors and Customers
11.3. Virtual Security Appliance Market: Competitive Dashboard
11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
11.4.1. Check Point Software Technologies
11.4.2. Trend Micro Inc.
11.4.3. Cisco Systems Inc.
11.4.4. Fortinet
11.4.5. McAfee
11.4.6. Juniper Networks Inc.
Methodology
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