Network Support and Security Market by Type (Hardware, Software, Service), Application (BFSI, Government, Retail, Healthcare, Energy and Utility, IT and Telecom), Region, Global Industry Analysis, Market Size, Share, Growth, Trends, and Forecast 2020 to 2027

  • Publish Date: Mar, 2020
  • Report ID: 417870
  • Category: Technology
  • Pages: 229
$4700

The global network support and security market is expected to grow from USD 126.52 Billion in 2019 to USD 425.49 Billion by 2027, at a CAGR of 16.37% during the forecast period 2020-2027.

Network security is any action designed to shield the usability and integrity of the network and data. It includes both hardware and software technologies. Effective network security manages access to the network. It aims for a variety of threats and stops them from entering or spreading on network. Network security makes the chain of multiple layers of defenses at the edge and in the network. Each network security layer implements policies and controls. Authorized users gain access to network resources, but malicious actors are blocked from doing exploits and threats. The global network support & security solutions is driven by the virtualization technologies introduction and progress in usage of web-based applications. Further, surge in demand for advanced security services and integration of network security solutions with other security services to escape the risk of cyber-attacks boost the market growth. However, slow ICT expenditure in less developed regions, such as Africa and South America, is anticipated to hinder this growth. High growth area such as, cloud computing and data center virtualization would be the opportunity areas for network support & security market.

The market has been segmented on the basic of type, application and region. Type segment includes hardware, software, and service. The hardware segment held largest market share of 41.53% and valued at USD 52.54 billion in 2019. However, service segment is anticipated to grow at highest CAGR of 17.01% during the forecast period. Application segment includes BFSI, Government, Retail, Healthcare, Energy and Utility, IT and Telecom, and Others. BFSI segment held the largest market share of 31.72% and valued at USD 40.13 billion in 2019.  The market has been divided into North America, Europe, APAC, South America, and MEA. North America held the largest market share of 34.55% and valued at USD 43.71 billion in 2019. China segment is expected to grow with highest CAGR of 17.13% during the forecast period due to increased adoption of network support & security services in this region.

 Key players operating in the global network support and security market include Cisco Systems, Inc., Hewlett Packard Enterprise Company, Fortinet, Inc, AlienVault, Inc. (Subsidiary of AT&T Communications LLC), McAfee LLC., Symantec Corporation., Trend Micro Incorporated, CA, Inc, F5 Networks, Inc and FireEye, Inc. among others. To enhance their market position in the global Network Support and Security market, the key players are now focusing on adopting the strategies such as recent developments, joint venture, product innovations, mergers & acquisitions, collaborations, and partnership.

This study forecasts revenue growth at global, regional, and country levels from 2014 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:

  • Global Network Support and Security Market Analysis And Forecast, By Type
    • Hardware
    • Software
    • Service
  • Global Network Support and Security Market Analysis And Forecast, By Application
    • BFSI
    • Government
    • Retail
    • Healthcare
    • Energy and Utility
    • IT and Telecom
    • Others
  • Global Network Support and Security Market Analysis And Forecast, By Regional Analysis
    • North America
    • Europe
    • Asia-Pacific
    • South America
    • Middle East And Africa

Chapter 1 Introduction
    1.1 Research Methodology
    1.2 FMR Desk Research
          1.2.1 FMR data synthesis
          1.2.2 Data validation and market feedback
          1.2.3 FMR Data Sources
 

Chapter 2 Global Network Support and Security Market Overview
    2.1 Definition of Network Support and Security in This Report
    2.2 Commercial Types of Network Support and Security
          2.2.1 Hardware
          2.2.2 Software
          2.2.3 Services
    2.3 Commercial Application of Network Support and Security
          2.3.1 BFSI
          2.3.2 Government
          2.3.3 Retail
          2.3.4 Healthcare
          2.3.5 Energy and Utility
          2.3.6 IT and Telecom
          2.3.7 Others
    2.4 Development History of Network Support and Security
    2.5 Market Status and Trend of Network Support and Security 2014-2027
          2.5.1 Global Network Support and Security Market Status and Trend 2014-2027
          2.5.2 Regional Network Support and Security Market Status and Trend 2014-2027
                   2.5.2.1 North America Market Status and Trend 2014-2027
                   2.5.2.2 Europe Market Status and Trend 2014-2027
                   2.5.2.3 China Market Status and Trend 2014-2027
                   2.5.2.4 Japan Market Status and Trend 2014-2027
                   2.5.2.5 Rest of APAC Market Status and Trend 2014-2027
                   2.5.2.6 Latin America Market Status and Trend 2014-2027
 

Chapter 3 Global Market Status by Regions
    3.1 Market Development of Network Support and Security 2014-2019
    3.2 Revenue Market of Network Support and Security by Regions
          3.2.1 Regions Revenue of Network Support and Security by Regions
 

Chapter 4 Global Network Support and Security by Type
    4.1 Revenue of Network Support and Security by Types
    4.2 Market Forecast of Network Support and Security by Types
 

Chapter 5 Global Network Support and Security Revenue by Downstream Industry
    5.1 Revenue of Network Support and Security by Downstream Industry
    5.2 Market Forecast of Network Support and Security by Downstream Industry
 

Chapter 6 Market Driving Factor Analysis of Network Support and Security
    6.1 Global Economy Situation and Trend Overview
    6.2 Network Support and Security Downstream Industry Situation and Trend Overview
 

Chapter 7 Network Support and Security Market Competition Status by Major Manufacturers
    7.1 Revenue of Network Support and Security by Major Manufacturers
    7.2 Basic Information of Network Support and Security Major Manufacturers
          7.2.1 Plant Location and Established Time of Network Support and Security Major Manufacturer
    7.3 Market Competition News and Trend
 

Chapter 8 Network Support and Security Major Manufacturers
    8.1 Cisco Systems, Inc.
          8.1.1 Company Profile
          8.1.2 Representative Network Support and Security Product of Cisco Systems, Inc.
          8.1.3 Network Support and Security Revenue and Gross Margin of Cisco Systems, Inc.
    8.2 Hewlett Packard Enterprise Company
          8.2.1 Company Profile
          8.2.2 Representative Network Support and Security Product of Hewlett Packard Enterprise Company
          8.2.3 Network Support and Security Revenue and Gross Margin of Hewlett Packard Enterprise Company
    8.3 Fortinet, Inc.
          8.3.1 Company Profile
          8.3.2 Representative Network Support and Security Product of Fortinet, Inc.
    8.4 AlienVault, Inc. (Subsidiary of AT&T Communications LLC)
          8.4.1 Company Profile
          8.4.2 Representative Network Support and Security Product of AlienVault, Inc. (Subsidiary of AT&T Communications LLC)
          8.4.3 Network Support and Security Revenue and Gross Margin of AlienVault, Inc.
    8.5 McAfee LLC
          8.5.1 Company Profile
          8.5.2 Representative Network Support and Security Product of McAfee LLC
          8.5.3 Network Support and Security Revenue and Gross Margin of McAfee LLC
    8.6 Symantec Corporation
          8.6.1 Company Profile
          8.6.2 Representative Network Support and Security Product of Symantec Corporation
          8.6.3 Network Support and Security Revenue and Gross Margin of Symantec Corporation
    8.7 Trend Micro Incorporated
          8.7.1 Company Profile
          8.7.2 Representative Network Support and Security Product of Trend Micro Incorporated
    8.8 CA, Inc.
          8.8.1 Company Profile
          8.8.2 Representative Network Support and Security Product of CA, Inc.
    8.9 F5 Networks, Inc.
          8.9.1 Company Profile
          8.9.2 Representative Network Support and Security Product of F5 Networks, Inc.
    8.10 FireEye, Inc.
          8.10.1 Company Profile
          8.10.2 Representative Network Support and Security Product of FireEye, Inc.
          8.10.3 Network Support and Security Revenue and Gross Margin of FireEye, Inc.
 

Chapter 9 Upstream and Downstream Market Analysis of Network Support and Security
    9.1 Industry Chain of Network Support and Security
    9.2 Representative Consumers of Network Support and Security
    9.3 Distributors/Traders List
 

Chapter 10 Research Findings and Conclusion


1

Research Methodology

Market research is a method of gathering, assessing and deducing data & information about a particular market. Market research is very crucial in these days. The techniques analyze about how a product/service can be offered to the market to its end-customers, observe the impact of that product/service based on the past customer experiences, and cater their needs and demands. Owing to the successful business ventures, accurate, relevant and thorough information is the base for all the organizations because market research report/study offers specific market related data & information about the industry growth prospects, perspective of the existing customers, and the overall market scenario prevailed in past, ongoing present and developing future. It allows the stakeholders and investors to determine the probability of a business before committing substantial resources to the venture. Market research helps in solving the marketing issues challenges that a business will most likely face.

Market research is valuable because of the following reasons:

  • Market research helps businesses strengthen a company’s position
  • Market research helps in minimizing the investment risks associated with the businesses in any industry vertical
  • Market research helps in identifying the potential threats and opportunities associated with the business industry
  • Market research aids in spotting the emerging trends and facilitates strategic planning in order to stay ahead in the competition

Our research report features both the aspects; qualitative and quantitative. Qualitative part provides insights about the market driving forces, potential opportunities, customer’s demands and requirement which in turn help the companies to come up with new strategies in order to survive in the long run competition. The quantitative segment offers the most credible information related to the industry. Based on the data gathering, we use to derive the market size and estimate their future growth prospects on the basis of global, region and country.

Our market research process involves with the four specific stages.

  • Data Collection
  • Data Synthesis
  • Market Deduction & Formulation
  • Data Screening & Validation

Data Collection: This stage of the market research process involves with the gathering and collecting of the market/industry related data from the sources. There are basically two types of research methods:

  • Primary Research: By conducting primary research, it involves with the two types of data gathering; exploratory and specific. Exploratory data is open-ended and helps us to define a particular problem involving surveys, and pilot study to the specific consumer group, knowing their needs and wants catering to the industry related product/service offering. Explanatory data gathering follows with the bit of unstructured way. Our analyst group leads the study by focusing on the key crowd, in this manner picking up bits of knowledge from them. In light of the points of view of the clients, this data is used to plan advertise techniques. In addition, showcase overviews causes us to comprehend the current scenario of the business. Specific data gathering on the hand, involves with the more structured and formal way. The primary research usually includes in telephonic conversations, E-mail collaborations and up close and personal meetings/interviews with the raw material suppliers, industrial wholesalers, and independent consultants/specialists. The interviews that we conduct offers important information on showcase size and industry development patterns. Our company likewise conducts interviews with the different business specialists so as to increase generally bits of knowledge of the business/showcase.
  • Secondary Research: The secondary research incorporates with the data gathering from the non-profit associations and organizations, for example, World bank, WHO, investor relations and their presentations, statistical databases, yearly(annual reports) reports, national government records, factual databases, websites, articles, white papers, press releases, blogs and others. From the annual report, we deduce an organization's income/revenue generation to comprehend the key product segment related to the market. We examine the organization sites and implement product mapping strategy which is significant for determining the segment revenue. In the product mapping technique, we choose and categorize the products offered by the companies catering to the industry specific market, derive the segment revenue for each of the organizations to get the market estimation. We also gather data & Information based on the supply and demand side of the value chain involved with the domain specific market. The supply side denotes the distributors, wholesalers, suppliers and the demand side denotes the end-consumers/customers of the value chain. The supply side of the market is analyzed by examining the product growth across industry in each of the region followed by its pricing analysis. The demand side is analyzed by the evaluating the penetration level and adoption rates of the product by referring to the historical/past data, examine the present usage and forecasting the future trends. 
  • Purchased Database: Our purchased data provides insights about the key market players/companies along with their financial analysis. Additionally, our data base also includes market related information. 
    • We also have the agreements with various reputed data providers, consultants and third party vendors who provide information which are not limited to:
      • Export & Import Data
      • Business Information related to trade and its statistics
      • Penetration level of a particular product/service based on geography mainly focusing on the unmet prerequisites of the customers.
  • In-house Library: Apart from these third-party sources, we have our in-house library of quantitative and qualitative data & information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, internal audit reports, historic databases, archives and journal publications. Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those particular cases, we utilize our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopts a robust research technique in order to deduce the market size and its estimates:
  • Examining demographic along with psychographic segmentation for market evaluation
  • Analyzing the macro and micro-economic indicators for each demography
  • Evaluating the current industry trends popular in the market.

Data Synthesis: This stage includes the evaluation and assessment of all the data acquired from the primary and secondary research. It likewise includes in evaluating the information for any disparity watched while information gathering identified with the market. The data & information is gathered with consideration to the heterogeneity of sources. Scientific and statistical methods are implemented for synthesizing dissimilar information sets and provide the relevant data which is fundamental for formulating strategies. Our organization has broad involvement with information amalgamation where the information goes through different stages:

  • Information Screening: Information screening is the way toward examining information/data gathered from the sources for errors/mistakes and amending it before data integration process. The screening includes in looking at raw information, identifying and distinguishing mistakes and managing missing information. The reason for the information screening is to ensure information is effectively entered or not. Our organization utilizes objective and precise information screening grades through repetitive quality checks.
  • Data Integration: The data integration method involves with the incorporation of numerous information streams. The data streams is important so as to deliver investigate examines that give overall market scenario to the investors. These information streams originate from different research contemplates and our in house database. After the screening of the information, our analysts conduct efficient integration of the data streams, optimizing connections between integrated surveys and syndicated data sources. There are two research approaches that we follow so as to coordinate our information; top down methodology and bottom up methodology. 
    • Top-down analysis generally refers to using broad factors as a basis for decision making. The top-down approach helps in identifying the overall market scenario along with the external and internal factors effecting the market growth.
    • The bottom-up approach takes a completely different approach. Generally, the bottom-up approach focuses its analysis on micro attributes and specific characteristics of the domain specific market.

Market Formulation & Deduction: The last stage includes assigning the data & information in a suitable way in order to derive market size. Analyst reviews and domain based opinions based on holistic approach of market estimation combined with industry investigation additionally features a crucial role in this stage.

This stage includes with the finalization of the market size and numbers that we have gathered from primary and secondary research. With the data & information addition, we ensure that there is no gap in the market information. Market trend analysis is finished by our analysts by utilizing data extrapolation procedures, which give the most ideal figures to the market.

Data Validation: Validation is the most crucial step in the process. Validation & re-validation through scientifically designed technique and process that helps us finalize data-points to be used for final calculations. This stage also involves with the data triangulation process. Data triangulation generally implicates the cross validation and matching the data which has been collected from primary and secondary research methods.

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