Security Appliances Market to Escalate to Rise with a Notable Growth

1. Opportunity Analysis and Industry Forecast, 2016-2023 Security Appliances Market Global Opportunity Analysis and Industry Forecast, 2014-2022

2. Introduction • Security Appliances Market is projected to reach $108,948 million by 2022, growing at a CAGR of 13.0% from 2016 to 2022 • Security appliances incorporate a comprehensive range of practices, tools, and techniques interrelated closely to information security and operational technology security • Industry vertical segments include banking, financial services & insurance (BFSI), public sector, energy & utilities, retail, IT & telecom, manufacturing, aerospace & defense, healthcare, and others • The global security appliances market is influenced by a number of factors including increasing cybercrime activities, rising bring-your-own-device implementation, increased demand for cloud-based solutions, and stringent government regulations • The security appliances market is categorized based on geography into North America, Europe, Asia-Pacific, and LAMEA

3. Key Factors of the Market • A massive amount of investment in public & private sector in the R&D of security solutions has enabled the development of new & advanced technologies in security appliances • The demand for security appliances is expected to increase, owing to increase in need for cloud-based solutions, cybercrime activities, and Bring Your Own Device trend across various industries • Growth in demand for premium quality of products has increased the adoption of security appliances among sectors, such as BFSI, aerospace & defence, and IT & telecom • The current business scenario has witnessed an upsurge in the adoption of security appliances in the developed and the developing regions

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5. Key Benefits of the Market • The BFSI segment dominated the global security appliances market in 2014, and the aerospace & defence segment is expected to grow at the highest CAGR • The IT & telecom segment is estimated to present significant growth opportunities to key players operating in the global market • The security appliances market North America, is expected to have a dominant presence in terms of market size. However, Asia-Pacific is estimated to showcase significant growth rate, during the forecast period

6. Market Segmentation

7. Key Players of the Market • Cisco Systems, Inc. • Check Point Software Technologies Ltd. • Symantec Corporation • Intel Corporation • Fortinet, Inc. • Palo Alto Networks, Inc. • Bosch Sicherheitssysteme GmbH • Honeywell International Inc. • Trend Micro Inc • Juniper Networks, Inc. • For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/2144

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