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Economic factors and market integration have recently moved to the forefront of security discussions. As a result, major players such as Norton, AVG and McAfee have struggled to compete under current market conditions. This article reflects their efforts and looks at the future of the industry. In this report, the author discusses the Secure Web Gateway market and how the technology is used across various industries.
The advent of the Internet has brought about changes that are difficult to anticipate. One of these changes is the increase in cybersecurity. As a result, many organizations have started adopting secure web gateway solutions to protect their networks and critical data.
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Who are the gateways in the industry?
Gateways provide secure and transparent service between the enterprise and public networks. The most common types of gateways are VPNs, firewalls, application gateways, and web gateway.
Industry Secure Web Gateway is an end-to-end solution that helps businesses protect their web applications and web services from malicious attacks. New players who focus on their target audience, SMEs in developing countries and those with low budgets will exploit the market.
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How have the markets evolved?
The Internet is an ever-evolving entity. With new technological advancements, the market is expected to follow suit. As a result, market analysts note that technological changes have created more opportunities for many companies.
How are markets viewed globally and by company size?
The security web gateway market is early, but growing. There is a steady increase in the number of security gateways sold and a relatively large increase in the cost of these devices. This could suggest that the market is growing at a faster rate than demand, which could indicate that this industry will be oversaturated.
Features of a Secure Web Gateway
A Secure Web Gateway (SWG) is a firewall that protects DNS servers and other network assets from malicious traffic. SWGs have been used to prevent identity theft, denial of service attacks, data leaks, and attacks on web servers. An SWG can be classified as either a gateway or a proxy.
How is the market expected to evolve over the next five years?
The global secure web gateway market is expected to register a market value of USD 2,000 million by the end of 2024. The global market share is expected to be around 8%, with a CAGR of 16%.
The web gateway market is witnessing an increasing demand owing to technological advancements in recent years. However, with continued growth in order, several competitors have established themselves in this industry, which has led to a decline in profitability. Moreover, several other factors, such as economic impact and market infiltration, also played their role significantly. Despite these obstacles, much can be accomplished by taking advantage of various opportunities and trends that can seriously improve the business.