Key Market Insights

"Rising cyber threats has increased the demand for secure web gateway market"

A secure web gateway is a type of security solution which resists and prevents the unsecured data traffic from entering into the internal networks of an organization. Additionally, these gateways also provide protection against online security threats which are affecting a company’s security policies and filters malicious internet traffic in real-time. Moreover, a secure web gateway also provides application controls for web applications, URL filtering, and the detection & filtering of malicious code. These gateways also prevent data leakage increasing work efficiency.

The increasing internet penetration across the globe is considered a major factor driving the global market. The rise in digitalization has increased the adoption of the internet due to which cyber-attacks are also increasing with each passing year which is one of the major factors driving the secure web gateway market across the globe. Moreover, various companies are storing their data online which can be hacked and can be leaked causing huge losses to the companies.

Overall, the global secure web gateway market was US$ 4,244.2 Mn in 2021 and is expected to reach US$ 21,841.6 Mn by 2030, growing at a CAGR of 20.1% from 2023 to 2030.

Component Segment Analysis

"Secure web gateway with software solutions in its component segment is the dominating Market"

In 2021, the software solutions segment led the overall secure web gateway market garnering more than 55.0% of the market share. The increasing use of the internet across the globe and rising cybercrimes is one of the major factors which is driving the market. Moreover, these software solutions provide protection against ransomware, viruses and malware code, and others. The software solutions segments are further segmented as email gateway, data loss prevention (DLP), social media control, and content inspection management.

Regional Analysis

North America Dominates the Market by Region

The global secure web gateway market was dominated by North America having a market share (in revenue) of more than 38% in 2021. The rising adoption of cloud technology and increasing the implementation of secure web gateway solutions in BFSI, IT & telecom, and healthcare industry is one of the major factors driving the market across the region. Moreover, the advancement in web security is also considered as a factor that is propelling in the growth. The US accounted for the largest share in 2021 and is set to continue dominating the market during the forecast period.

"Technological advancement is keeping the market competitive"

The global secure web gateway market is competitive in nature. Some of the prominent players operating in the secure web gateway are Juniper Networks Inc., F5 Networks, Microsoft Corporation, Forcepoint, Symantec Corporation, Sophos Group Plc., IBM Corporation, etc. among others. These market players are adopting strategies such as a partnership with other companies having excellence in technology, and launching new and advanced solutions to stay competitive in the global market. Following is the list of players included in the published reports.

List of Companies Covered:

Juniper Networks Inc.
F5 Networks, Inc.
Check Point Software Technologies Ltd.
Microsoft Corporation
Forcepoint
Symantec Corporation
Sophos Group Plc.
IBM Corporation
Cisco Systems, Inc.
iBoss Network Security
WatchGaurd Technologies Inc.
Others

Key Industry Development:

In March 2020, Juniper Networks Inc. announced that it has been selected by Asia’s leading medical institutes, D. Y. Patil Hospital & Research Center of Pune, India to upgrade its network security. This will help to ease management and maintenance and will allow the institute to deliver world-class technology-driven healthcare service with zero downtime.
In January 2020, F5 Networks, Inc. announced that it has completed the acquisition of Shape Security, a firm working in online fraud and abuse prevention. With Shape’s sophisticated AI, anti-fraud technologies, and cloud-based analytics, F5 along with its NGINX can provide superior service to its clients. With this acquisition, F5 is expected to increase its market share in the near future.

Historical & Forecast Period

This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Secure Web Gateway market are as follows:

Research and development budgets of manufacturers and government spending
Revenues of key companies in the market segment
Number of end users and consumption volume, price and value.
Geographical revenues generate by countries considered in the report
Micro and macro environment factors that are currently influencing the Secure Web Gateway market and their expected impact during the forecast period.

Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

ATTRIBUTE	DETAILS
Research Period	2022-2032
Base Year	2023
Forecast Period	2024-2032
Historical Year	2022
Unit	USD Million
Segmentation
	Component Solutions Threat Protection Access Control Data Protection Services Professional Services Training & Education Consulting
	Deployment On-premise Cloud-based
	Enterprise Size Large Enterprises SMEs
	Business Vertical BFSI IT & Telecom Healthcare Retail & e-Commerce Government & Defense Energy & Utilities Manufacturing Others (Travel & Hospitality,Transportation & Logistics,Media & Entertainment,etc.)
	Region Segment (2022-2032; US$ Million) North America U.S. Canada Rest of North America UK and European Union UK Germany Spain Italy France Rest of Europe Asia Pacific China Japan India Australia South Korea Rest of Asia Pacific Latin America Brazil Mexico Rest of Latin America Middle East and Africa GCC Africa Rest of Middle East and Africa

Key questions answered in this report

What are the key micro and macro environmental factors that are impacting the growth of Secure Web Gateway market?
What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
Estimated forecast and market projections up to 2032.
Which segment accounts for the fastest CAGR during the forecast period?
Which market segment holds a larger market share and why?
Are low and middle-income economies investing in the Secure Web Gateway market?
Which is the largest regional market for Secure Web Gateway market?
What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Which are the key trends driving Secure Web Gateway market growth?
Who are the key competitors and what are their key strategies to enhance their market presence in the Secure Web Gateway market worldwide?