Global Content Security Gateway Market Size study & Forecast, by Type (Hardware, Software, Services) by Application (E-mail security, Web security, Data loss prevention) by End-User (BFSI, Healthcare, IT and Telecom, Government, Military Defence ) and R

Global Content Security Gateway Market Size study & Forecast, by Type (Hardware, Software, Services) by Application (E-mail security, Web security, Data loss prevention) by End-User (BFSI, Healthcare, IT and Telecom, Government, Military Defence) and Regional Analysis, 2023-2030

Global Content Security Gateway Market is valued at approximately USD 5.5 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 17.4% over the forecast period 2023-2030. A Content Security Gateway is a network security device that secures organizations from numerous threats while also ensuring safe and secure access to the internet and other network resources. It acts as a network traffic tracking and filtering system, preventing dangerous or undesirable information from reaching users or the network itself. The Content Security Gateway market is expanding because of factors such as increasing demand for cloud-based security solutions and the growing number of cyber threats. The primary function of a Content Security Gateway is to enforce security policies and apply various security measures to ensure the confidentiality, and availability of data. Its importance has progressively increased during the forecast period 2023-2030.

Cloud-based security solutions are typically maintained and updated by the provider, ensuring the latest threat intelligence and security patches are applied regularly. According to Statista, in 2020, The global market for cloud security software was valued at USD 29.5 billion. By 2026, it is estimated to be worth around USD 37 billion. Furthermore, in 2020, The market for cloud-based email security accounts approx. USD 763 million. By 2026, it is estimated to be worth roughly USD 1.25 billion. Another important factor that drives the market is the increase in the number of cyber threats. Gateways can detect and block phishing attempts, where attackers impersonate legitimate websites or send deceptive emails to trick users into divulging sensitive information, such as login credentials or financial data. As per Statista, in 2022, Phishing was the most common type of cybercrime reported to the United States Internet Crime Complaint Centre, affecting roughly 300,000 people, with nearly 59 thousand occurrences of personal data breaches recorded to the IC3 during that year. In addition, in 2022, Riskware was the most frequent cyber threat detected globally, accounting for 46.3% of all detections. A further 12% of the threat detections were Heuristic, with nine being Adware. Viruses accounted for approximately 8.4% of all detected threats. By filtering and inspecting web traffic, Content Security Gateways act as a critical line of defense against cyber threats, helping organizations maintain a secure online environment and safeguard their sensitive data and assets. Also, rising technological advancement in Content Security Gateways and increasing adoption of digital technologies would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Content Security Gateway and technical complexity stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Content Security Gateway Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising technological advancement in email security platforms. According to Statista, Security Services in North America are estimated to reach up to USD 41.22 billion in 2023. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as the rising number of cases related to data breaches and malware attacks, and the active participation of government and nonprofit organizations in the market space.

Major market player included in this report are:
Raytheon Technologies Corporation
Proofpoint Inc
McAfee Corp
Gen Digital Inc.
Check Point Software Technologies Ltd.
Microsoft Corporation
FirstWave Cloud Technology Limited
Cisco Systems Inc.
Sophos Ltd
Barracuda Networks Inc

Recent Developments in the Market:
In April 2023, McAfee Corporation expanded its collaboration with Samsung to secure users' personal data and information from internet risks. As a result of this collaboration, Samsung smartphones, including the new Galaxy S23 Ultra, Galaxy S23+, and Galaxy S23, as well as the Galaxy Book3 series, now come pre-installed with McAfee antivirus protection. The agreement extends beyond smartphones including protection of Samsung tablets and PCs also.

Global Content Security Gateway Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Type, Application, End-User, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type
Hardware
Software
Services

by Application
E-mail security,
Web security,
Data loss prevention

by End-User
BFSI
Healthcare
IT and Telecom
Government
Military Defence

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
Raytheon Technologies Corporation
Proofpoint Inc
McAfee Corp
Gen Digital Inc.
Check Point Software Technologies Ltd.
Microsoft Corporation
FirstWave Cloud Technology Limited
Cisco Systems Inc.
Sophos Ltd
Barracuda Networks Inc

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