Overview of the global adaptive security architecture market
Technavio’s market study identifies the increasing demand for mobile devices to be one of the primary growth factors for the adaptive security architecture market. Consumers are increasingly demanding for mobile devices such as laptops, mobile devices, and tablets for personal and professional purposes. Additionally, increasing dependence on these devices by the consumers for purposes such as e-commerce, bill payment, and GPS, is influencing the need for effective security against hacking and data theft. Global exchange of data and information is further triggering the adoption of adaptive security architecture to ensure data security. The market analysts estimate that the market will grow steadily at a CAGR of around 15% by 2021.
Internet-of-things (IoT) is a network of interconnected devices that facilitates the exchange of large volumes of cloud-based data. IoT facilitates the communication between devices, systems, and services, in addition to, transfer of a huge amount of data through networks at high speeds. Increasing usage of wireless networks that enable interaction between humans and machines and cyber threats are impacting IoT. The increased adoption of IoT is identified to be one of the key trends contributing towards the growth of the adaptive security architecture market.
Competitive landscape and key vendors
The adaptive security architecture market is moderately fragmented owing to the presence of several international, regional, and small vendors offering differentiated products and services. High growth potential is encouraging new entrants in the adaptive security appliance market. Vendors are entering in M&A activities to expand their geographical presence and product portfolio. Manufacturers in this market compete intensely in terms of product portfolio, end-users, and overall revenue. Additionally, factors such as intense competition, technological advances, and frequent changes in end-user preferences impact the vendors performance.
The leading vendors in the market are
Hewlett Packard Enterprise
The other prominent vendors in the market are Brocade Communications Systems, Check Point Software Technologies, Dell EMC, F-Secure, Fortinet, IBM, Kaspersky Lab, and Microsoft.
Segmentation by product type and analysis of the adaptive security architecture market
The increasing regulatory requirements and need for easy management of security hardware are influencing the demand for hardware adaptive security appliances. Additionally, strict IT security laws are implemented to secure data and networks, and identify and eliminate further threats.
Segmentation by deployment and analysis of the adaptive security architecture market
Large enterprises and government organizations are increasingly deploying on-premises solutions as these solutions provide advanced security solutions. Additionally, large enterprises have access to large infrastructure and hardware required for the deployment of on-premises solutions.
Key questions answered in the report include
What will the market size and the growth rate be in 2021?
What are the key factors driving the global adaptive security architecture market?
What are the key market trends impacting the growth of the global adaptive security architecture market?
What are the challenges to market growth?
Who are the key vendors in the global adaptive security architecture market?
What are the market opportunities and threats faced by the vendors in the global adaptive security architecture market?
Trending factors influencing the market shares of the Americas, APAC, and EMEA.
What are the key outcomes of the five forces analysis of the global adaptive security architecture market?
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