Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 10.46 Billion | USD 65.89 Billion | 22.69% | 2023 |
According to the report published by Zion Market Research, the global Secure Web Gateway Market size was valued at USD 10.46 Billion in 2023 and is predicted to reach USD 65.89 Billion by the end of 2032. The market is expected to grow with a CAGR of 22.69% during the forecast period. The report analyzes the global Secure Web Gateway Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Secure Web Gateway industry.
A secure web gateway is a checkpoint or blockade that prevents unauthorized traffic from inflowing into the company’s network. By filtering internet-bound traffic and imposing company policy it protects the organization from online security threats. The secure web gateway is a gateway between the internet & the user and offers advanced network protection. It inspects the requests of the web against the policies of the organization to confirm malicious applications and the sites are been blocked and made inaccessible. Application control, antivirus, data loss prevention, and URL filtering are some of the important security technologies offered by the secure web gateway to offer strong web security to organizations.
The increase in the use of the internet which gives rise to browser-based attacks, cyber-rates growing at a substantial rate, and increase in demand from the banking sector are the major factors that are driving the growth of the global secure web gateway market. The secure web gateway has become important as nowadays the employees do not access applications and data solely from corporate data centers. They work from home, branch offices, or any remote location. These employees access their work applications either from their smartphone, laptop, or any portable internet-connected device. All these applications are now cloud-based landscape.
Also, a huge number of data is generated by the organizations which has also boosted the use of the cloud. The secure web gateway is a strong choice to secure cloud-based services. In addition to this, secure web services provide features that enable organizations to improve network security. This includes social media protection, encrypted traffic analysis, integration with security monitoring, support for all protocols (FTP, HTTP, and HTTPS), choice of location, and many more. Thus, mid-size and large enterprises are adopting secure web gateway at a significant rate. This is propelling the growth of the market.
Furthermore, with the rise in digitalization, there is an increase in the demand for secure web gateway from several sectors including BFSI, e-commerce, and retail industry which will lead to the substantial growth of the global secure web gateway market during the forecast period. However, the easy availability of alternatives for secure web gateway may hinder the growth of the global secure web gateway market.
Most of the industrial sectors across the world have experienced unprecedented effects due to the Covid-19 pandemic. The government's decision of complete lockdown and restriction on personnel movement has led to the global crisis. On the other hand, the global secure web gateway market experienced a healthy growth rate amid the Covid-19 pandemic. Most of the organizations imposed work from home policies on their employees. Also, due to social distancing rules, the customer's preferred use of digital mode for shopping, making transactions, and any other banking work. Owing to this, there was a rise in the demand for secure web gateways during the pandemic.
The global secure web gateway market is divided based on organization size, deployment modes, components, verticals, and region.
Based on the organization size, the global secure web gateway market is split into large enterprises and small & medium-sized enterprises.
Based on the deployment modes, the global market is classified into on-premises and cloud.
The component segment is bifurcated into services and solutions.
Based on the verticals, the market is categorized into healthcare, BFSI, education, IT & telecom, government & defense, and others.
Report Attributes | Report Details |
---|---|
Report Name | Secure Web Gateway Market |
Market Size in 2023 | USD 10.46 Billion |
Market Forecast in 2032 | USD 65.89 Billion |
Growth Rate | CAGR of 22.69% |
Number of Pages | 190 |
Key Companies Covered | Trend Micro Incorporated, Check Point Software Technologies, Zscaler, NortonLifeLock, Sophos Group PLC, McAfee LLC, Cisco, Content Keeper, Comodo Group, and Netskope |
Segments Covered | By organization size, By deployment modes, By components, By verticals and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Region-wise, Europe is expected to hold the maximum share in the global secure web gateway market during the forecast period. This is due to the rise in adoption of cloud-based applications, increase in demand for secure web gateway due to Covid-19 pandemic as the UK, Italy, Germany, and Spain are the countries that are severely hit by the pandemic and the growing number of cyberattacks. Asia Pacific is predicted to grow with the highest CAGR during the forecast period. This is attributed to the growing economy in India, Japan, & China and the rise in the number of threats.
are some of the major players operating in the global secure web gateway market.
The Global Secure Web Gateway Market is segmented as follows:
By organization size
By deployment modes
By components
By verticals
What Reports Provides
FrequentlyAsked Questions
The increase in the use of the internet which gives rise to browser-based attacks, cyber-rates growing at a substantial rate, and increase in demand from the banking sector are the major factors that are driving the growth of the global secure web gateway market. Furthermore, with the rise in digitalization, there is an increase in the demand for secure web gateway from several sectors including BFSI, e-commerce, and retail industry which will lead to the substantial growth of the global secure web gateway market during the forecast period.
Trend Micro Incorporated, Check Point Software Technologies, Zscaler, NortonLifeLock, Sophos Group PLC, McAfee LLC, Cisco, Content Keeper, Comodo Group, and Netskope are some of the major players operating in the global secure web gateway market.
Region-wise, Europe is expected to hold the maximum share in the global secure web gateway market during the forecast period. This is due to the rise in adoption of cloud-based applications, increase in demand for secure web gateway due to covid-19 pandemics as the UK, Italy, Germany, and Spain are the countries that are severely hit by the pandemic and the growing number of cyberattacks.
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