The need for securing corporate data and critical business information from misuse in our ever-connected world is at the core of stakes within SMEs, Government organizations and large enterprises.
One can then observe that, due to:
·
the growing concern over physical and network security in organizations
across the globe,
·
growth in technology and changing corporate work culture,
·
fraudulent activities and forced intrusions,
·
use of devices such as iPhones,
Android phones, and tablets for professional work,
·
increase in the number of internal
and external criminal activities in organizations, …and more,
As a result, organizations are implementing network
security appliances to manage the access to employees and other stakeholders.
The adoption of network security solutions such as security software and
cloud-based solutions increases.
Organizations are also implementing the use of physical
security appliances to view and analyze the footage and take necessary steps in
case of attacks.
According to
Technavio, the security appliance market by large
enterprises is expected to grow at a CAGR of 12.25% to reach USD 57.45 billion
by 2020.
Technavio revealed
that, in 2015, large enterprises accounted for the largest market share
with 43.41%.
The global security appliance market by government
organizations is envisaged to grow from USD 25.58 billion in 2015 to USD
44.52 billion by 2020.
And the global security appliance market by SMEs was
valued at USD 16.44 billion in 2015 and is likely to reach USD 25.3 billion by
2020.
Among powerful vendors in the global security appliance market, we
have: