Summary:
A New Study Title “Web Filtering Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.
Market Highlights
The study on the web filtering market 2020 by Market Research Future has been conducted with a complete overview of the up to date proceeding within the information and technology industry. The report also considers the sway of the novel COVID-19 pandemic on the web filtering market. It offers an apparent assessment of the projected market fluctuations during the forecast period (2017-2025) at a pace of ~14.05% CAGR while anticipating a valuation surpassing USD 5.5 Billion by 2023.
Web Filtering Market: Top Trending Factors
The mounting penetration of the Internet has surged data breaches, ultimately making it easier to access business servers, thus raising the adoption of web filtering. Favourable government rules and regulations and the swelling need for the business organization to better supervise the network bandwidth consumption has fueled the growth of the web filtering market.
As per MRFR’s study, the major market drivers are expansion in malicious internet activity around the world, support and rising adoption of cloud-based services and government initiative. The upward concerns concerning IT Security in organizations and reducing the misuse of the internet has led to a boost in development opportunities of this sector as these serve to be foremost aspects that rouse the growth of the global web filter market.
With the promising technologies, there has been a considerable rise in digitalization, and increasing use of web-based content due to which the market for web content filtering evolved. IT sector had fast growth in the following years, and it needs reliable security service in order to shield its data from a security breach. This is giving mount to the expansion of the web filtering market, which is designed purposely to restrict unwanted information.
On the contrary, the web filtering market faces unique challenges as it involves high cost during installation as well as maintenance, business issues, violation of rights, and limited educational resources.
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Segmentation:
The global web filtering market has further been segmented based on filtering type, deployment, organization size, and vertical.
In terms of filtering type, the segment has included URL filtering, DNS filtering file type filtering and many others such as profile filtering and image filtering. Web filtering is more and more being adopted in major industry verticals such as retail, BFSI, IT & Telecommunication, healthcare, manufacturing, education, and others.
In terms of the deployment segment, the segment is further classified into on-premise and on-cloud.
In terms of organization size segment, the market has included SME and large enterprises.
Regional Framework
The global web filtering market is witnessed for essential regions of Europe, North America, Asia Pacific and rest of the world.
North America holds the foremost market share in the year 2017, and the leadership is likely to continue through the forecast period. Escalating online malware and increase in BYOD (Bring Your Own Device) policy across organizations are motivating the market in this region. As the region is technically superior, high adoption of web filtering solutions is thrusting the market growth.
The Asia Pacific might also show a sky-scraping growth rate during the forecast period. The rise in internet penetration and the need for enterprises to diminish misuse of the internet is primarily motivating the market in this region. Rising adoption of cloud-based services in the entire region is also motivating the web filtering market growth.
Top Market Players
The top players in the global web filtering market are listed as McAfee, Inc. (U.S), Symantec Corporation (U.S.), Fortinet (U.S.), Palo Alto Networks, Inc. (U.S.), Forcepoint (U.S.), Trend Micro Inc. (Japan), Barracuda Networks, Inc. (U.S.), Sophos Group plc (U.K), Trustwave Holdings (U.S.) and Zscaler (U.S.). These players in the market are lining with various mergers & acquisition activities to create a cost-effective product portfolio.
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Global Web Filtering Market Research Report– By Filtering Type (Dns Filtering, Url Filtering, Keyword Filtering), By Deployment (On-Cloud, On-Premise), Organization Size (Sme, Large Enterprises), Vertical (Bfsi, Retail, Healthcare) –– Forecast Till 2027
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