In today’s fast-paced world, keeping up with security has become the most difficult task. Malwares are becoming more sophisticated as technology advances, eluding all traditional security tools and necessitating the use of advanced protection techniques such as sandboxing. Sandboxing is a dedicated environment in which a suspicious programme is executed and analysed, allowing the program’s behaviour to be observed, noted, and then automatically analysed.
Sandboxing has a significant revenue share in the security markets, with a double-digit CAGR anticipated in the coming years. The more effective method detects malicious executables before they are executed, making it useful for everyone from the private sector to the government.
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Keeping up with security in today’s fast-paced world has become the most difficult task. Because of technological advancements, malwares are becoming increasingly sophisticated, eluding all traditional security tools, necessitating the use of advanced protection techniques such as sandboxing. Sandboxing is a dedicated environment in which a suspicious programme is executed and analysed, as a result of which the program’s behaviour is observed, noted, and then analysed automatically.
Market drivers and restraints for sandboxing
The key factor driving the Sandboxing market is the increasing sophistication of attacking techniques, which leaves data vulnerable.
Advanced persistent threats (APTs) have rendered traditional security techniques obsolete, necessitating the adoption of a behavioural approach, which is expected.
Sandboxing markets are expanding. Government and defence agencies around the world have access to information about citizens and defence intelligence, which is regarded as the most critical and sensitive information in the Sandboxing market.
Attackers target networks in this sector with the intent of stealing information pertaining to administration, departmental activities, and prime security intelligence, resulting in an unavoidable need to invest significantly in the Sandboxing market, with the government and defence verticals being the most in need and expected to dominate the sandbox market.
However, high implementation cost and long-term return on investment are some of the factors restraining the growth of sandboxing market for small enterprises, while unstable economic conditions can prove to be a restraint the Sandboxing market in developing economies
Sandboxing market: Segmentation
Sandboxing market is segmented on the basis of component, organization Size, and vertical.
Segmentation on the basis of components:
The sandboxing market can be divided into two components: solutions and services. The solution segment is further divided into standalone and integrated solutions, while the services segment is further divided into professional and managed services.
During the forecast period, the market for solutions is expected to be larger than the market for services. The increased need to secure Information Technology (IT) infrastructure from advanced cyber-attacks is driving the rapid growth rate.
During the forecast period, the managed services segment is expected to grow at a faster CAGR. Professional services, on the other hand, are expected to have a larger market share in 2017. During the forecast period, the integrated solutions segment is expected to grow at a faster CAGR.
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Segmentation on the basis of organization size:
- Large enterprises
- Small and Medium-Sized Enterprises (SMEs)
Segmentation on the basis of vertical:
On the basis of verticals market can be segmented into:
- Government and defense
- Banking, Financial Services, and Insurance (BFSI)
- IT and telecom
- Healthcare
- Retail
- Education
- Others (media and entertainment, energy and utilities, and manufacturing
The government and defense vertical is expected to dominate the sandboxing market.
Segmentation on basis of regions:
Sandboxing is divided into seven key regions: North America, Latin America, East Europe, West Europe, Asia-Pacific excluding Japan, Japan, and the Middle East and Africa.
The APAC region is expected to be the sandboxing market’s fastest-growing region. The increasing adoption of Internet of Things (IoT) devices and Bring Your Own Device (BYOD) technology within organisations is the primary reason.
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In the developed economies of the United States and Canada, there is a strong emphasis on innovations derived from R&D and security technologies.
In 2017, North America is expected to be the largest revenue-generating region for sandboxing service vendors, followed by Europe.
Sandboxing market: Key Players
Check Point Software Technologies Ltd.
Cisco Systems, Inc.
FireEye, Inc.; Fortinet, Inc.
Juniper Networks, Inc.
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