Secure web gateway is a security solution that provides protection against online security threats. These solutions are primarily used to prevent unwanted traffic from entering into an internal network of an organization. The solution addresses the advanced persistent threats, malicious users, and malware that significantly affects the networked environment. The major factors contributing towards the growth of the market include rising adoption of cloud-based solutions among enterprises, and significant demand for security solutions in BFSI (Banking, Financial Services, and Insurance). Internet security is one of the major concerns in the banking sector. There is a significant need to protect the financial information of the institution.

Moreover, the growing number of mobile internet users has primarily led the demand for digital banking solutions due to user-friendliness, convenience, and cost-effectiveness. As a result, a significant number of digital transactions are performed every day in BFSI organizations. Increasing government support towards digitalization is also a crucial factor encouraging the demand for secure web solutions in BFSI. The banks use an internet payment gateway solution that supports customers to receive payment online from net banking and any debit/credit card. This ensures secure payment which has a vital role in e-commerce businesses and online retailers. Due to these factors, the adoption of secure web gateway has been significantly increased in BFSI.

Geographically, the global secure web gateway market is further segmented into four major regions, such as North America, Europe, Asia-Pacific, and RoW.  North American market is primarily driven by the significant presence of major players such as IBM Corp., and Cisco Systems Inc. In addition, significant data breaches in the region further contribute to market growth. For instance, the Office of Personnel Management (OPM) that manages the employment records of the US government, both for contractors and employees as well as some personal information for civilian federal agencies had discovered two separate intrusions in mid-2015. It has affected nearly 21.5 million people, including contractors, applicants, employees, and their families. This, in, turn, is anticipated to boost the demand for advanced secure web gateway solutions in government agencies for protection against identity theft and maintain public confidence.

Some of the major companies studied in the report include Forcepoint, LLC, Avast Software s.r.o., NTT Security GmbH, Zscaler Inc., Cisco Systems, Inc., and Symantec Corp. The strategies followed by these major companies include mergers and acquisitions, product launches, and partnerships and collaborations to expand market share and gain competitive advantage. For instance, in March 2019, NTT Security Corp. signed an agreement to acquire WhiteHat Security, an application security provider for enterprises. This would expand the portfolio of NTT Security and enable their customers and partners to take advantage of the WhiteHat cloud-based application security platform.  The main objective of NTT Security is to offer comprehensive, game-changing cybersecurity solutions that enable to meet the significant demand for digital transformation. Additionally, this acquisition would leverage the ability of NTT security to offer potential and high-performing application security on a global scale.

Research Methodology

The market study of the global secure web gateway market is incorporated by extensive primary and secondary research conducted by the research team at OMR.  Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecasts, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity in our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
  
• Authentic public databases
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report is intended for small and medium-sized enterprises (SMEs), large enterprises, end-user verticals, IT companies, new entrants, potential investors and venture capitalists, and government and private companies for overall market analysis and competitive analysis. The report provides an in-depth analysis on market size, product offerings, market growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.

Market Segmentation

Global Secure Web Gateway Market Research and Analysis, By Deployment

Global Secure Web Gateway Market Research and Analysis, By Vertical

The Report Covers

• Comprehensive research methodology of the global secure web gateway market.
  
• This report also includes a detailed and extensive market overview with key analyst insights.
• Exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Insights about market determinants which are stimulating the global secure web gateway market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.