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Stringent Regulatory Compliance Around Data Privacy & Protection Driving the Asia-Pacific Network Security Market
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The APAC network security (NWS) market saw a healthy YoY growth of 16.7% in H2 2020. Network firewall segment will continue to be the driving force of the overall NWS market. Stronger demand for secure SD-WAN and secure cloud edge services solutions is a new driving force that ensures greater adoption of edge security solutions, centered by firewall (FW) platforms.The SSL VPN segment is expected to maintain its solid growth momentum, mainly driven by the increasing need for high-performance secure remote access, particularly in the next 1-2 years. The demand for stand-alone IDS/IPS is likely to witness a slowdown in the years to come because of technology consolidation which has led many businesses to either use IDS-/IPS-as-a-service or as a feature on other integrated security platforms, such as unified threat management (UTM) and next generation firewall (NGFW). Research Scope:This tracker provides an analysis of the total network security market in the Asia-Pacific region for H2 2020 (July to December) period. Market trends, such as vendor performance, vertical market splits, and enterprise-size splits are analyzed in this study. The countries included in this study are Australia, New Zealand, Singapore, Malaysia, Indonesia, the Philippines, Thailand, Vietnam, China, Hong Kong, Taiwan, India, Japan, South Korea, and the rest of ASEAN countries (Brunei, Cambodia, Laos, and Myanmar).This study is segmented into three key focus areas: firewall, secure sockets layer virtual private networking (SSL VPN) and intrusion detection system (IDS), and intrusion prevention system (IPS). Vertical segmentation in this study includes the government; banking, financial services, and insurance (BFSI); service provider; healthcare; manufacturing; education; and other sectors. The customer segmentation includes large enterprises with more than 500 employees as well as small and medium-sized businesses with fewer than 500 employees.Companies mentioned in this tracker include AhnLab, Array Networks, Check Point Software Technologies, Cisco Systems, F5 Networks, Forcepoint, Fortinet, Gajshield, H3C Technologies, Hillstone Networks, Huawei, Juniper Networks, McAfee, Neusoft, NexG, NSFOCUS, Palo Alto Networks, Pulse Secure, QI-ANXIN GROUP, Sangfor, SECUI, SonicWall , Sophos, TopSec, Trend Micro, Venustech, WatchGuard Technologies, WINS, and other vendors.Author: Vivien Pua
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