Scope of the Study
Software security provides security for a computer or network. There are various solution available for software security including identity and access management (IAM), encryption, risk and compliance management, data loss prevention, antivirus, and antimalware and firewall and others. Growing concerns among enterprises about software security will help to boost global software security market.
The market study is being classified by Type (Network Security, Cloud Security, Wireless Security and Others) and major geographies with country level break-up.
IBM (United States), Symantec (United States), Check Point (United States), Cisco (United States), Microsoft (United States), McAfee (United States), Oracle (United States), Imperva (United States), CyberArk (Israel) and Sophos (United Kingdom) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Rapid 7 (United States), F5 Networks (United States), FireEye (United States), Forcepoint (United States), Juniper Networks (United States), RSA Security (United States), Fortinet (United States), F-Secure (Finland), Micro Focus (United Kingdom), Palo Alto Networks (United States), Proofpoint (United States), Splunk (United States) and Trend Micro (Japan).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Software Security market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Software Security market by Type, Application and Region.
On the basis of geography, the market of Software Security has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Solutions, the sub-segment i.e. Identity and Access Management (IAM) will boost the Software Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Verticals, the sub-segment i.e. Aerospace will boost the Software Security market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Incidences Related to Software Security Threats
- Growing Concerns among Enterprises about Software Security
- Rising demand for Software Security Technology related to IoT
- Fuelling Volume of Business Data of Enterprises
- Lack of Security Budget among SMEs
- Lack of Awareness about Multi layered Security
- The Emergence of Artificial Intelligence and Machine Learning Technology
- Increasing Requirement of Cloud-Based Security Solutions
- Lack of Software Security Expertise
Market Leaders and their expansionary development strategies
On 15th October 2018, McAfee, the device-to-cloud cybersecurity company has announced the continued development of the McAfee Security Innovation Alliance (SIA) with the addition of 17 new partners and 16 newly certified integrations.
On 6th July 2018, Symantec Corp. the world’s leading software security company has launched new inventions and improvements to its Network Security for the Cloud Generation solution, designed to protect enterprise devices, anywhere their employees work or travel, across the network, the cloud, mobile and traditional endpoints.
Key Target AudienceSoftware Security Provider, Industry Associations and Experts, Private Research Institutes, Government Regulatory Bodies, Government and Research Organization and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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