Market Overview:
The global virtual security market is expected to grow from USD 2.02 billion in 2018 to USD 5.06 billion by 2030, at a CAGR of 13.8% from 2018 to 2030. The growth of the global virtual security market can be attributed to the increasing adoption of cloud-based services, growing concerns about data breaches and cyberattacks, and rising demand for managed security services. However, lack of awareness about virtual security solutions among end users may restrain the growth of the global virtual security market during the forecast period. Based on type, the global virtual security market is segmented intovirtualized network security andvirtualized contentsecurity.Geographically, themarketisp dividedinto five regions: North America , Latin America , Europe Asia Pacific , and Middle East & Africa .
Product Definition:
Virtual security is the practice of protecting electronic information by creating secure "virtual" environments in which it can be stored and accessed. The importance of virtual security lies in the fact that so much business today is conducted electronically, and that much of this business involves the sharing of confidential or sensitive information. By protecting this information with virtual security measures, businesses can reduce their risk of data theft or loss.
Virtualized Network Security:
Virtualized network security is a new term that refers to the implementation of network security solutions in virtual environments. The main driving factor for the growth of this market is increased adoption of cloud computing and virtualization technology among enterprises. Cloud computing has enabled organizations to shift their focus from physical infrastructure towards managing data center operations, thereby reducing overall IT costs while increasing efficiency & effectiveness.
Virtualized Content Security:
Virtualized content security is a new term in the Virtual Security market and it means securing an application or a service by using software-based virtual machines. The VCS (Virtualized Content Security) helps to secure sensitive data that is processed on physical or cloud-based servers through the use of software-based virtual machines. It uses industry best practices, open source technologies, and vendor neutral policies to provide advanced threat detection and prevention capabilities for organizations.
Application Insights:
The large business segment dominated the global virtual security application market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to factors such as an increase in cyberattacks and data breaches, growing awareness about online safety among consumers, and a rise in demand for robust security solutions across various applications from banking to e-commerce.
The SMB segment is expected to witness significant growth over the forecast period owing to increasing adoption of cloud services by small businesses and home offices (HOs). Virtualization has enabled SMBs with on-demand resources that are consumed according to need without having physical servers sitting at their premises. This trend is further driving the adoption of virtualized network & content security solutions among these smaller organizations since they can get enhanced performance while spending less on infrastructure costs.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing cyber-attacks and data breaches, high disposable income, and rising government initiatives for digital security. For instance, in 2016, the U.S Department of Defense (DoD) launched a program called “Cyber Security for DoD†that aims at strengthening cybersecurity across all defense networks and systems including military operations centers (MOC), supply chains management & logistics (SCML), information networks (IN), and communication systems & services (C2).
The Asia Pacific region accounted for more than 30% of the global revenue share in 2017 owing to rapid technological advancements coupled with increased spending on infrastructure development by various governments across emerging economies such as China India Japan South Korea Indonesia Thailand Vietnam Philippines etc.
Growth Factors:
- Increasing demand for cloud-based security solutions
- Proliferation of mobile devices and BYOD trend
- Emergence of new cyber threats and vulnerabilities
- Growing need for data privacy and protection
- Increased spending on information security by organizations
Scope Of The Report
Report Attributes
Report Details
Report Title
Virtual Security Market Research Report
By Type
Virtualized Network Security, Virtualized Content Security
By Application
Small and Medium-size Business (SMB), Large Business
By Companies
Juniper Networks, Check Point Software Technologies, Trend Micro, Cisco Systems, Fortinet, McAfee
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Virtual Security Market Report Segments:
The global Virtual Security market is segmented on the basis of:
Types
Virtualized Network Security, Virtualized Content Security
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-size Business (SMB), Large Business
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Juniper Networks
- Check Point Software Technologies
- Trend Micro
- Cisco Systems
- Fortinet
- McAfee
Highlights of The Virtual Security Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Virtualized Network Security
- Virtualized Content Security
- By Application:
- Small and Medium-size Business (SMB)
- Large Business
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Virtual Security Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Virtual security is a term used to describe the process of protecting information by using technology. Virtual security can be used to protect data in transit, at rest, or in storage.
Some of the major players in the virtual security market are Juniper Networks, Check Point Software Technologies, Trend Micro, Cisco Systems, Fortinet, McAfee.
The virtual security market is expected to register a CAGR of 13.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Virtual Security Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Virtual Security Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Virtual Security Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Virtual Security Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Virtual Security Market Size & Forecast, 2018-2028 4.5.1 Virtual Security Market Size and Y-o-Y Growth 4.5.2 Virtual Security Market Absolute $ Opportunity
Chapter 5 Global Virtual Security Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Virtual Security Market Size Forecast by Type
5.2.1 Virtualized Network Security
5.2.2 Virtualized Content Security
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Virtual Security Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Virtual Security Market Size Forecast by Applications
6.2.1 Small and Medium-size Business (SMB)
6.2.2 Large Business
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Virtual Security Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Virtual Security Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Virtual Security Analysis and Forecast
9.1 Introduction
9.2 North America Virtual Security Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Virtual Security Market Size Forecast by Type
9.6.1 Virtualized Network Security
9.6.2 Virtualized Content Security
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Virtual Security Market Size Forecast by Applications
9.10.1 Small and Medium-size Business (SMB)
9.10.2 Large Business
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Virtual Security Analysis and Forecast
10.1 Introduction
10.2 Europe Virtual Security Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Virtual Security Market Size Forecast by Type
10.6.1 Virtualized Network Security
10.6.2 Virtualized Content Security
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Virtual Security Market Size Forecast by Applications
10.10.1 Small and Medium-size Business (SMB)
10.10.2 Large Business
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Virtual Security Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Virtual Security Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Virtual Security Market Size Forecast by Type
11.6.1 Virtualized Network Security
11.6.2 Virtualized Content Security
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Virtual Security Market Size Forecast by Applications
11.10.1 Small and Medium-size Business (SMB)
11.10.2 Large Business
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Virtual Security Analysis and Forecast
12.1 Introduction
12.2 Latin America Virtual Security Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Virtual Security Market Size Forecast by Type
12.6.1 Virtualized Network Security
12.6.2 Virtualized Content Security
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Virtual Security Market Size Forecast by Applications
12.10.1 Small and Medium-size Business (SMB)
12.10.2 Large Business
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Virtual Security Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Virtual Security Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Virtual Security Market Size Forecast by Type
13.6.1 Virtualized Network Security
13.6.2 Virtualized Content Security
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Virtual Security Market Size Forecast by Applications
13.10.1 Small and Medium-size Business (SMB)
13.10.2 Large Business
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Virtual Security Market: Competitive Dashboard
14.2 Global Virtual Security Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Juniper Networks
14.3.2 Check Point Software Technologies
14.3.3 Trend Micro
14.3.4 Cisco Systems
14.3.5 Fortinet
14.3.6 McAfee