"Global Prescriptive Security Market Perspective:
Prescriptive Security market research report is a substantial study of current as well as the future market outlook of the industry forecasted 2022-2028, with respect to recent progressions which involve growth opportunities and drivers, challenges and restraints of both arising and progressive regions.
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Global Prescriptive Security market size reached USD XX Bn in 2022 and is expected to reach USD XX Bn in 2028, growing at a compound annual growth rate (CAGR) of XX %.
Moreover the report includes important features like, detailed analysis of the Global Prescriptive Security market, fluctuating market dynamics, market segmentation, historical, current and projected market size in terms of volume and value recent industry trends and developments, competitive landscape of the Global Prescriptive Security Market, strategies of key players and product offerings, potential and niche segments/regions exhibiting promising growth, a neutral perspective towards Global Prescriptive Security market performance
Key Companies Mentioned in the Report:
Hexagon, Cisco System, IBM, NEC Corporation, SAS Institute, Nice Systems, SAP ERP, ESRI, Splunk, Verint Systems, ATOS
To explore market potential, Prescriptive Security Market report is segmented by type and application of product. And is analysed on the basis of market size, CAGR, market share, consumption, revenue and other brisk factors.
Prescriptive Security Market Segmented by Types:
Hosted, On Premise
Prescriptive Security Market Segmented by Applications:
Incident Detection, Pattern Recognition, Surveillance, Others
The report presents key statistics on the market status of the global Prescriptive Security market, and indicates the every brisk factor that is expected to witness the fastest growth as well as to dominate the market in the coming years.
Report Highlights:
Forecast Year: 2022-2028
Base Year: 2021
Unit: Value (USD Million/Billion)
CAGR: In Percentage (%)
Segments Covered: Types, Applications, End-Users, and more
Report Coverage: Total Revenue Forecast, Company Ranking and Market Share, Regional Competitive Landscape, Growth Factors, New Trends, Business Strategies, and more
Regions covered in the “Prescriptive Security market” report:
The countries covered in the Prescriptive Security market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
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Major factors covered in the report:
- Global Prescriptive Security market summary
- Economic Impact on the Prescriptive Security Industry
- Prescriptive Security Market Competition in terms of Manufacturers
- Production, Revenue (Value) by geographical segmentation
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Cost Investigation
- Industrial Chain, Raw material sourcing strategy and Downstream Buyers
- Marketing Strategy comprehension, Distributors and Traders
- Study on Prescriptive Security Market Research Factors
- Overall value chain as well as key downstream and upstream components.
- Information on revenue, demand and supply, key segments and their sectors based on historical data.
- Global Prescriptive Security market share by product type, end-user application and multiple regions
- Review of investment process and development process.
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The research provides answers to the following key questions:
- What are the challenges faced by the companies operating in the Prescriptive Security market?
- What strategies have Prescriptive Security market players applied to gain a competitive edge?
- What is the size of occupied by the prominent leaders of Prescriptive Security market for the forecast period, 2021 to 2028?
- What is the estimated growth rate and market share and size of the Prescriptive Security market for the forecast period 2022 - 2028?
- What are the driving forces in the Prescriptive Security market for the forecast period 2022 - 2028?
- Who are the prominent market players and how have they gained a competitive edge over other competitors?
- What are the market trends influencing the progress of the Prescriptive Security industry worldwide?
- What are the major challenges and threats restricting the progress of the industry?
- What opportunities does the market hold for the prominent market players
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The Network Function Virtualization Market is anticipated to reach over USD 125 billion by 2026 according to a new research published by Polaris Market Research.
In 2017, the hardware segment dominated the global market, in terms of revenue.
North America was the leading contributor to the global market revenue in 2017.
The growing demand for mobile broadband services, and increased demand for mobility has boosted the adoption of network function virtualization.
The rising adoption of virtualization, cloud, and big data analytics has fueled the market growth over the years.
Increasing investments by vendors in technological advancements coupled with advancements in the 5G network technology would accelerate the network function virtualization market growth of the network function virtualization market during the forecast period.
Global Security-as-a-Service (SaaS) market revenues totalled US$ 3.3 billion in 2016, and are anticipated to grow at a staggering CAGR of 17.1% through 2026. Key factors propelling the adoption of SaaS services include proliferation of Internet of Things (IoT) and cloud computing. The key end use sectors for SaaS include telecom and IT, BFSI, and healthcare remain the largest end-users of SaaS, with telecom and IT particularly witnessing robust adoption. By 2026, the revenue share of telecom & IT is expected to reach 30%, whereas BFSI sector will account for 20.3% of total revenues.
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Concerns about potential security threats to confidential and important information is influencing telecom & IT companies to invest in SaaS. Consequently, providing end-to-end security solutions remains a lucrative mode of operation of SaaS companies. Prominent SaaS companies, including Intel Security, Cisco Systems, Inc., and Oracle Corporation are focusing on offering customised solutions to their clients. While IT & telecom will continue to remain the most lucrative end-user, gains will be steady in the healthcare and BFSI sector.
Global SaaS market revenues remain equally concentrated between large players and local vendors. It is projected that by 2026, large companies and multinational corporations will account for over 50% share, with the rest remaining fragmented among small and medium enterprises.A key trend in the global SaaS market is that service providers are focusing on becoming integrators of holistic solution providers rather than just offering one particular type of service.
Reluctance to adopt cloud based solutions is steadily waning, and as more companies come on board, the SaaS market is anticipated to gain further traction.It is projected that the SaaS delivery market will grow at a higher rate as compared to traditional software. File sharing continues to be the leading end-use for SaaS globally, with virtual desktop infrastructure (VDI) being the otherleading segment.For global players, growth of the security services of IoT and cost advantages remain key opportunities to leverage during the forecast period.
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Although the outlook on SaaS remains positive, longstanding challenges, such as difficulty in storing unstructured data and risk of organized attacks remain key challenges. Further, easy accessibility to data makes confidential information vulnerable to cyber-attack and hacks.Some of the leading market players profiled in this report include Intel Security, Oracle Corporation, Cisco Systems, Inc., Gemalto NV, Qualys Inc., Alert Logic Inc., Trend Micro Inc., Proofpoint Inc., Zscaler, Inc., and Okta, Inc.
North America and Western Europe remain the two largest markets for SaaS, with the former accounting for over 35% revenue share of the market in 2016. The North America SaaS market was valued at US$ 1.04 billion in 2015, and is anticipated to grow at a staggering 20% CAGR through 2026. Western Europe, the second largest market globally, will also be the fastest growing market after North America.
It is worthwhile to mention that SaaS market in North America will be completely dominated by the U.S., with Canada accounting for only 22% share of the market. This is expected to further decline to nearly 19% by the end of the forecast period.
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