Global Security Appliance Market 2016-2020 - New Market Study Published

From: Fast Market Research, Inc.
Published: Mon Apr 18 2016

Network security has been gaining prominence, especially with the growing number of hacking activities and complex threats such as distributed denial of service (DDoS) that cannot be addressed by traditional defense mechanisms. Organizations have started investing in network security appliances, such as UTM, proactively to counter these threats.
Network security appliances include hardware products used to monitor, detect, and prevent unauthorized access and misuse of data transmitting through a network to prevent a computer network from cyber attacks. Their capabilities include UTM, VPN and firewall, IDP systems, web security, and routing, which provide and maintain a secure platform to help users perform critical tasks. Network security appliances help increase workforce productivity and reduce costs, offering organizations significant competitive advantages.

Full Report Details at

Technavio's analysts forecast the global security appliance market to grow at a CAGR of 11.38% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global security appliance market for the period 2016-2020. To calculate the market size, the report considers the revenues generated from the sale of physical and network security appliances that include the following:

* Physical security appliances
* Network security appliances

The market is divided into the following segments based on geography:

* Americas

Technavio's report, Global Security Appliance Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* Bosch Security Solutions
* Honeywell Security
* Tyco
* Check Point Software Technologies
* Fortinet
* Jupiter Networks

Other prominent vendors

* Arecont Vision
* Assa Abloy
* Avigilon
* Axis Communications
* Check Point Software Technologies
* Checkpoint Systems
* Future Fibre Technology
* Genetec
* Gunnebo
* H3C Technologies
* Hewlett-Packard Enterprise
* Hikvision Digital
* Kaba Holding
* Ketec
* Magal Security Systems
* March Networks
* NAPCO Security Systems
* Nedap
* Panasonic
* Qognify
* Safran
* Samsung Techwin
* Siemens
* Skybox Security
* Sophos
* videoNEXT

Market driver

* Increase in domestic and international security threats
* For a full, detailed list, view our report

Market challenge

* High total cost of ownership (TCO) of security solutions

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