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  • What is the Expected Market for Adaptive Security in Upcoming Years?

    (I-SoftwareNews.Com, October 24, 2018 ) The adaptive security market size is expected to grow from USD 3.53 Billion in 2016 to USD 7.07 Billion by 2021, at a Compound Annual Growth Rate (CAGR) of 14.9% during the forecast period. The major growth drivers of the market include the need to defend against advanced cyber-attacks, limitations of traditional security solutions, and need for security compliances and regulations.

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    The adaptive security market is segmented by component, application, deployment mode, organization type, vertical, and region. Solution segment is estimated to have the largest market size in 2016. Moreover, service segment will grow at the highest CAGR during the forecast period as the sophistication level in the cyber-attacks is increasing and creating demands for more comprehensive adaptive security solutions & services that would protect enterprises from advanced cyber threats.

    Application security segment is expected to grow at the highest CAGR during the forecast period. However, network security segment holds the largest share of adaptive security market in 2016. Cloud-based deployment mode is expected to grow at the highest CAGR during the forecast period. Large enterprises segment is expected to grow with highest market size in 2016. Moreover, SMEs segment is expected to grow at the highest CAGR during the forecast period.

    The adaptive security ecosystem comprises major vendors such as Cisco Systems, Inc. (U.S.), Juniper Networks, Inc. (U.S.), Trend Micro, Inc. (Japan), FireEye, Inc. (U.S.), Rapid7, Inc. (U.S.), Panda Security (Spain), Illumio (U.S.), EMC RSA (U.S.), Aruba, a Hewlett Packard Enterprise company (U.S.), and Cloudwick (U.S.); service providers; and system integrators. Other stakeholders include adaptive security solutions providers, consulting firms, IT service providers, value added resellers, enterprise users, and security technology providers.

    Key target audiences of adaptive security market report are given below:

    • Government agencies
    • Adaptive security vendors
    • Network solution providers
    • Independent software vendors
    • Consulting firms
    • System integrators
    • Value-Added Resellers (VARs)
    • Managed Security Service Providers (MSSPs)

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