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The Increasing Adoption of Cloud-based SCM Services is Hindering the On-premise SCM Market Growth
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Japan was the largest SCM market in Asia-Pacific region in 2018 and is expected to remain the largest revenue contributor in the next 5 years within Asia-Pacific region. The web security segment is expected to lead the Japanese SCM market in the forecast period while the email security segment is expected to see slight slower adoption that is expected. This could be attributed to a highly mature market compared to the web security segment. Moreover, investment towards email security solution is shifting to cloud based and integrated security appliance, especially SMBs.The competitive landscape in Japanese SCM market, there were strong presence of local Japanese SCM vendors such as Digital Arts and Alps system. These vendors contributed close to a half of the SCM market revenue in 2018. In a way, there are challenges for foreign vendors to compete in Japanese market against the strong local SCM players. 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 gateways; 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 Japanese SCM market competitive landscape include Digital Arts, Alps System, Trend Micro, Symantec, Cisco (Ironport), Canon IT Solutions, Imatrix, McAfee, Barracuda, Fortinet and other vendors. Key Questions This Study Will Answer • Is the SCM 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? • How is the market performance in 2018?• What is the competitive landscape across Japan?• What is the market growth forecast from 2018- 2023?
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