Secure Web Gateway Market by Component (Solutions (Threat Protection, Access Control, and Data Protection) and Services), Deployment Mode, Organization Size, Vertical (Healthcare, BFSI, IT & Telecom, and Education), and Region - Global Forecast to 2024

Abstract
Increase in the number of sophisticated cyberattacks is driving the overall growth of the Secure Web Gateway (SWG) market

The global SWG market size is projected to grow from USD 4.6 billion in 2019 to USD 10.9 billion by 2024, at a Compound Annual Growth Rate (CAGR) of 19.1% from 2019 to 2024. The market growth is driven by various factors, including the increasing number of sophisticated cyberattacks, growing need for end-to-end wholistic security products, which have contributed a considerable share in the SWG ecosystem.

Among solutions, the data protection segment to grow at the highest CAGR in the SWG market during the forecast period

Data protection includes Data Loss Prevention (DLP), file type controls, and application control. DLP is a comprehensive data security software that ensures information loss prevention when the data is at the endpoint, network traffic, or stored in a data server. The SWG solutions implement DLP related policies to minimize and control the transaction of critical information. It also protects corporate intellectual property from external individuals and users who should not have authorized access to corporate data. Applying file type controls automatically remove files that contain sensitive data and malicious content as they pass in and out of companies’ network without the need for human intervention. Application control blocks or restricts unauthorized applications from executing in ways that put data at risk, which helps in ensuring data security.

Among components, the services segment to grow at a higher CAGR during the forecast period

Services enable enterprises to implement solutions without purchasing them. The cost associated with buying SWG solutions and implementing them on-premises is higher. Hence, large enterprises as well as Small and Medium-sized Enterprises (SMEs) are moving toward adopting services, especially cloud-based services. This, in turn, leads to a higher adoption of SWG services as compared to software tools utilized in the market.

Asia Pacific to register the highest growth rate during the forecast period

Asia Pacific (APAC) has a great scope for growth in the SWG market in terms of the use of SWG solutions. APAC is witnessing tremendous growth mainly due to the presence of emerging economies, such as China, Japan, Australia, India, and Hong Kong. Currently, countries across this region are flooded with many SMEs that account for the employment of more than 70% of the population. However, factors such as continual growth in mobile workforce, increase in complexity of businesses, unregulated nature of the internet, and rise in the adoption of Bring Your Own Device (BYOD), demand for strong security requirements. These factors are expected to push SMEs to adopt various security solutions including SWG solutions with minimal initial investments.

The fast expansion of regional enterprises in APAC is another crucial factor contributing to the growth of the SWG market. In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup profiles of the primary participants are as follows:
• By Company Type: Tier 1%–25%, Tier 2%–55%, and Tier 3%–20%
• By Designation: C-level – 50%, Directors – 30%, and Others – 20%
• By Region: North America – 55%, Europe – 25%, APAC – 15%, and Rest of the World– 5%

Major vendors offering SWG solutions include NortonLifeLock (US), Zscaler (US), Cisco (US), Check Point Software Technologies (Israel), Sophos Group PLC (UK), Forcepoint (US), Trend Micro Incorporated (Japan), and Comodo Group (US). The study includes an in-depth competitive analysis of these key market players, along with their profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the SWG market size across segments. It aims at estimating the market size and the growth potential of this market across segments, such as components, solutions, deployment modes, organization size, verticals, and regions. The study also includes an in-depth competitive analysis of the key market players, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.



Key Benefits of Buying the Report

The report would help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall SWG market and its sub-segments. It would help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. It would also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Content
TABLE OF CONTENTS

1 INTRODUCTION 19
1.1 OBJECTIVES OF THE STUDY 19
1.2 MARKET DEFINITION 19
1.2.1 INCLUSIONS AND EXCLUSIONS 19
1.3 MARKET SCOPE 20
1.3.1 MARKET SEGMENTATION 20
1.3.2 REGIONS COVERED 20
1.3.3 YEARS CONSIDERED FOR THE STUDY 21
1.4 CURRENCY CONSIDERED 21
1.5 STAKEHOLDERS 21
2 RESEARCH METHODOLOGY 23
2.1 RESEARCH DATA 23
2.1.1 SECONDARY DATA 24
2.1.1.1 Vendor selection and evaluation 24
2.1.1.2 Geographic analysis 25
2.1.1.3 Analysis of industry trends 26
2.1.2 PRIMARY DATA 27
2.1.2.1 Key industry insights 27
2.2 DATA TRIANGULATION 28
2.3 MARKET SIZE ESTIMATION 29
2.3.1 REVENUE ESTIMATES 29
2.3.2 BOTTOM-UP APPROACH 30
2.3.3 TOP-DOWN APPROACH 30
2.4 MARKET FORECAST 31
2.5 ASSUMPTIONS FOR THE STUDY 31
3 EXECUTIVE SUMMARY 32
4 PREMIUM INSIGHTS 36
4.1 ATTRACTIVE OPPORTUNITIES IN THE SECURE WEB GATEWAY MARKET 36
4.2 SECURE WEB GATEWAY MARKET, BY COMPONENT, 2019– 2024 36
4.3 SECURE WEB GATEWAY MARKET, BY ORGANIZATION SIZE, 2019– 2024 37
4.4 SECURE WEB GATEWAY MARKET, BY DEPLOYMENT MODE, 2019– 2024 37
4.5 SECURE WEB GATEWAY MARKET, BY VERTICAL, 2019– 2024 38
4.6 SECURE WEB GATEWAY MARKET, BY REGION AND VERTICAL, 2019–2024 38

5 MARKET OVERVIEW AND INDUSTRY TRENDS 39
5.1 INTRODUCTION 39
5.2 MARKET DYNAMICS 39
5.2.1 DRIVERS 40
5.2.1.1 Increasing need for end-to-end wholistic security products 40
5.2.1.2 Rising number of sophisticated cyber attacks 40
5.2.2 RESTRAINTS 40
5.2.2.1 Low acceptance of SWG solutions in the enterprise segment 40
5.2.3 OPPORTUNITIES 40
5.2.3.1 High need for protection from web-based threats 40
5.2.3.2 Rise in adoption of cloud-based security technologies 41
5.2.4 CHALLENGES 41
5.2.4.1 Availability of simpler and alternate products 41
5.3 USE CASES 41
5.3.1 PREPAID PAYMENT CARD COMPANY TRUSTS FORCEPOINT TO SAFEGUARD CUSTOMER DATA 41
5.3.2 CENITEX PROVIDES BETTER USER EXPERIENCE AND IMPROVED CUSTOMER SECURITY WITH ZSCALER 42
5.3.3 YELP ENHANCED CUSTOMER EXPERIENCE WITH AUTOMATED SECURITY PRACTICES AND CISCO UMBRELLA AND INVESTIGATE 42
6 SECURE WEB GATEWAY MARKET, BY COMPONENT 43
6.1 INTRODUCTION 44
6.2 SOLUTIONS 45
6.2.1 SOLUTIONS: SECURE WEB GATEWAY MARKET DRIVERS 45
6.3 SERVICES 46
6.3.1 SERVICES: SECURE WEB GATEWAY MARKET DRIVERS 46
7 SECURE WEB GATEWAY MARKET, BY SOLUTION 47
7.1 INTRODUCTION 48
7.2 THREAT PREVENTION 49
7.2.1 THREAT PREVENTION: SECURE WEB GATEWAY MARKET DRIVERS 49
7.3 ACCESS CONTROL 50
7.3.1 ACCESS CONTROL: SECURE WEB GATEWAY MARKET DRIVERS 50
7.4 DATA PROTECTION 51
7.4.1 DATA PROTECTION: SECURE WEB GATEWAY MARKET DRIVERS 51
8 SECURE WEB GATEWAY MARKET, BY ORGANIZATION SIZE 52
8.1 INTRODUCTION 53
8.2 SMALL AND MEDIUM-SIZED ENTERPRISES 54
8.2.1 SMALL AND MEDIUM-SIZED ENTERPRISES: SECURE WEB GATEWAY MARKET DRIVERS 54

8.3 LARGE ENTERPRISES 55
8.3.1 LARGE ENTERPRISES: SECURE WEB GATEWAY MARKET DRIVERS 55
9 SECURE WEB GATEWAY MARKET, BY DEPLOYMENT MODE 56
9.1 INTRODUCTION 57
9.2 ON-PREMISES 58
9.2.1 ON PREMISES: SECURE WEB GATEWAY MARKET DRIVERS 58
9.3 CLOUD 59
9.3.1 CLOUD: SECURE WEB GATEWAY MARKET DRIVERS 59
10 SECURE WEB GATEWAY MARKET, BY VERTICAL 60
10.1 INTRODUCTION 61
10.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 62
10.2.1 BANKING, FINANCIAL SERVICES, AND INSURANCE: SECURE WEB GATEWAY MARKET DRIVERS 62
10.3 GOVERNMENT AND DEFENSE 63
10.3.1 GOVERNMENT AND DEFENSE: SECURE WEB GATEWAY MARKET DRIVERS 63
10.4 HEALTHCARE 64
10.4.1 HEALTHCARE: SECURE WEB GATEWAY MARKET DRIVERS 64
10.5 IT AND TELECOM 65
10.5.1 IT AND TELECOM: SECURE WEB GATEWAY MARKET DRIVERS 65
10.6 EDUCATION 66
10.6.1 EDUCATION: SECURE WEB GATEWAY MARKET DRIVERS 66
10.7 OTHERS 67
11 SECURE WEB GATEWAY MARKET, BY REGION 68
11.1 INTRODUCTION 69
11.2 NORTH AMERICA 70
11.2.1 NORTH AMERICA: SECURE WEB GATEWAY MARKET DRIVERS 70
11.2.2 UNITED STATES 73
11.2.3 CANADA 75
11.3 EUROPE 78
11.3.1 EUROPE: SECURE WEB GATEWAY MARKET DRIVERS 78
11.3.2 UNITED KINGDOM 81
11.3.3 GERMANY 83
11.3.4 FRANCE 85
11.3.5 REST OF EUROPE 87
11.4 ASIA PACIFIC 89
11.4.1 ASIA PACIFIC: SECURE WEB GATEWAY MARKET DRIVERS 90
11.4.2 CHINA 93
11.4.3 JAPAN 95
11.4.4 INDIA 97
11.4.5 REST OF ASIA PACIFIC 99
11.5 MIDDLE EAST AND AFRICA 101
11.5.1 MIDDLE EAST AND AFRICA: SECURE WEB GATEWAY MARKET DRIVERS 101
11.5.2 MIDDLE EAST 103
11.5.3 AFRICA 106
11.6 LATIN AMERICA 108
11.6.1 LATIN AMERICA: SECURE WEB GATEWAY MARKET DRIVERS 108
11.6.2 BRAZIL 111
11.6.3 MEXICO 113
11.6.4 REST OF LATIN AMERICA 115
12 COMPETITIVE LANDSCAPE 118
12.1 MICROQUADRANT OVERVIEW 118
12.2 COMPETITIVE LEADERSHIP MAPPING 118
12.2.1 VISIONARY LEADERS 118
12.2.2 INNOVATORS 118
12.2.3 DYNAMIC DIFFERENTIATORS 118
12.2.4 EMERGING COMPANIES 118
13 COMPANY PROFILES 120
13.1 INTRODUCTION 120
13.2 NORTONLIFELOCK INC. (SYMANTEC) 120
(Business Overview, Products Offered, Recent Developments, Organic Growth Strategies, and Inorganic Growth Strategies, and SWOT Analysis)*
13.3 ZSCALER 123
13.4 CISCO SYSTEMS 126
13.5 CHECK POINT SOFTWARE TECHNOLOGIES 129
13.6 SOPHOS 132
13.7 FORCEPOINT 135
13.8 TREND MICRO 137
13.9 COMODO 139
13.10 MCAFEE 141
13.11 THOMA BRAVO (BARRACUDA NETWORKS) 144
13.12 NETSKOPE 147
13.13 A10 NETWORKS 147
13.14 CYREN 148
13.15 SANGFOR TECHNOLOGIES 148
13.16 CATO NETWORKS 149
13.17 CONTENTKEEPER 149
13.18 IBOSS 150
13.19 MENLO SECURITY 150
13.20 F5 NETWORKS, INC. 151
13.21 CITRIX 151
*Details on Business Overview, Products Offered, Recent Developments, Organic Growth Strategies, and Inorganic Growth Strategies, and SWOT Analysis might not be captured in case of unlisted companies.
13.22 RIGHT TO WIN 152
14 APPENDIX 153
14.1 DISCUSSION GUIDE 153
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 156
14.3 AVAILABLE CUSTOMIZATIONS 158
14.4 RELATED REPORTS 158
14.5 AUTHOR DETAILS 159