Global Network Security Market to Grow 7.84% - Key Vendors are Cisco Systems, Juniper Networks & Palo Alto Networks - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lfq2l5/global_network) has announced the addition of the "Global Network Security Market 2015-2019" report to their offering.

The global network security market is expected to grow at a CAGR of 7.84% over the period 2014-2019.

Network security comprises products and services used to monitor, detect, and prevent unauthorized access, misuse, or malfunction, which can disable/destroy a computer network. It aims to provide and maintain a secure platform that will help users perform critical tasks. It is gaining importance among large enterprises, SMEs, and network service providers because it provides protection to critical business information from unauthorized access and data theft. In addition, it protects computers from malware, worms, and other advanced threats.

Advances in technology are forcing vendors to offer SaaS-based network security solutions to their customers. Companies are also increasingly adopting these solutions because of their multiple benefits, which include the availability of the pay-per-use model and the provision of instant access. SaaS-based network security solutions also automatically update products, enabling them to respond to the latest security threats. The growing requirements of companies (ranging from small to large enterprises) are fueling the demand for SaaS-based network security solutions.

According to the report, one of the major drivers contributing to the growth of the market is the increasing amount of business information theft and fraud. Cyber-attacks have increased and targeted people, networks, and devices. In rapidly changing IT infrastructure, attackers have found new ways of stealing valuable information and disrupting business. The increasing dependency on websites and web applications for critical purposes such as transactions and other related activities is leading to an increase in credential theft.

Further, the report states that one of the major challenges faced by the vendors operating in the global network security market is the increased complexity of network infrastructure.

Key vendors:

• Check Point Software Technologies
• Cisco Systems
• Fortinet
• Juniper Networks
• Palo Alto Networks

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market insights

PART 06: Market description

PART 07: Market landscape

PART 08: Market segmentation by products

PART 09: Market segmentation by deployment platform

PART 10: Geographical segmentation

PART 11: Market growth drivers

PART 12: Impact of drivers

PART 13: Market growth challenges

PART 14: Impact of drivers and challenges

PART 15: Market trends and opportunities

PART 16: Vendor landscape

PART 17: Key vendor analysis

For more information visit http://www.researchandmarkets.com/research/lfq2l5/global_network