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The Increasing Adoption of Cloud-based SCM Services is Hindering the On-premise SCM Market Growth
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The Secure content management (SCM) market continued to grow positively in 2018 largely with web security segment continued to be the growth driver. The dominance of web security is driven by the stronger adoption of measures for online content management due to more stringent regulations along with an increase in the number of users and connected devices to organizations’ networks. Despite this, SCM remains an integral part of an enterprise’s security as email and web are still the first entry points for cyber threats. Businesses are also showing stronger preference to adopt integrated SCM solutions rather than dedicated solutions. The strong integration enables security teams to detect, respond to, and investigate threat incidents more efficiently.In addition to market growth analysis, the study highlights the key driving forces of the secure content management market. Key drivers include email and web channels remaining as the most popular and effective methods used to launch attacks, driving the need for email and web security solutions; Strong requirements for security and privacy encourage organizations to spend on on-premise email and web security solutions; Increasing awareness of the need to manage internet traffic and to improve employee productivity is expected to prompt enterprises to deploy web security solutions at a wider scale.Market trends are analyzed for the study period 2019 to 2023, with the base year being 2018. Secure content management solution is the key focus area in this study which covers email security and web security. The vertical segmentation in this study includes the government, banking, financial services and Insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil and gas, energy, mining, agriculture, IT/ITES, e-Gaming, e-Commerce, and BPOs.Companies mentioned in the total SCM market competitive landscape include Symantec, Cisco (Ironport), Trend Micro, Digital Arts, Alps System, Forcepoint, Sangfor, QiAnXin, McAfee, Canon IT Solutions and other vendors. The countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, and South Korea. Key Questions This Study Will Answer • Is the market growing? How long will it continue to grow, and at what rate?• What are the key trends of the SCM market in 2018 and moving forward?• What are the key drivers and restraints of the market?• Which regions and countries performed best in 2018?• What is the competitive landscape across Asia Pacific and sub-regions?• What is the market growth forecast from 2018 – 2023?
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