Global Secure Web Gateway Market

BFSI Industry to be Key Contributor to Soaring Revenue of Global Market, Observes TMR - Seite 2

Multiple web security solutions and services providers are now offering advanced cloud based web security solutions. This emerging trend is expected to work in favor of the global market over the forecast period. Increasing adoption of secure web gateway solutions in BFSI industry is in order to protect banking and financial services firms and safeguard critical financial data from exposure and online frauds is anticipated to augment the global market. Rapid uptake of cloud-based applications has also spiked the demand for secure web gateway solutions amongst small and medium enterprises. Analysts anticipate that growing usage of advanced data storage technology will also have a positive effect on the global market. The wave of digitization in emerging economies is expected to create myriad lucrative opportunities for the global market in the forthcoming years.

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Lack of Acceptance of Newer Technologies to Negatively Impact Market 

On the downside, the global secure web gateway market is negatively impact by the slow process of transformation to cloud, especially for individual organizations. Furthermore, the initial high cost of investment for adopting new solutions and training personnel is also expected to dissuade end users. Furthermore, lack of awareness about secure web gateways and poor rate of acceptance amongst various enterprises are expected to hamper the growth of the global market. The strong presence of traditional firewall solutions is also projected hamper market growth in the near future.

This review is based on Transparency Market Research's report, titled "Secure Web Gateway Market (Component - Solution (Social Media Control, Email Gateway, Data Loss Prevention, and Content Inspection Management) and Services (Training and Education, Consulting Services, and Professional Services); Industry Vertical - BFSI, Telecom and IT, Healthcare, Retail, Government and Defense, Education, and Others; Deployment - Cloud and On-Premise; End User - Large Enterprises, Small, and Medium Enterprises) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025".