Market Research Future published a research report on “Multi-layer Security Market Research Report – Global Forecast till 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.
Increasing improvement in network automation and increased acceptance of cloud-based services has been due to the need for a stable solution utilizing various types of network security. This allows different IT service providers to manage and achieve an efficient service portfolio for their customers by reducing cyber-attack or data breach opportunities. The major advantage of using multi-layer security solutions is additionally providing a backup at each security level. These approaches can be implemented on the network layer, application layer and also on the consumer or client side. Each layer functions independently over a specific threat and is intended to cover up the security holes left over at the previous stage. There are various kinds of security layers that can be used in a network including site defense, email security, anti-virus, firewalls, anti-spam, privacy controls and others. These solutions guarantee data protection and track the transfer of information afterwards.
The Multi-layer Security Market is segmented by form into proactive protection, detective security and reactive security.
The market is bifurcated into solutions and services by part. The solution section is further broken down into endpoint protection, DNS protection, corporate security, web protection, cloud security, email protection, DLP protection and others. The business section, meanwhile, is divided into technical services and managed services.
The market is divided into cloud by application, and on-premise application.
The market is segmented by end user into BFSI, Military & Security, IT & Telecommunications, Government, Media & Entertainment, Health and others.
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The global Multi-layer Security market, regionally, has been studied for the regions of the Americas, Asia Pacific, Europe, and the Rest of the World.
North American region is expected to escort the multi-layer security market during the forecast period in support of cyber breaches, increased zero-day attacks, and increased need for efficient security solutions factors. In the US, the numbers of IT-based companies are escalating. Subsequently, the adoption of cloud service adoption, internet-based processes, and network virtualization has further improved the need for multi-level security. Even various end-use verticals across diverse domains are shifting their business and work operations to the cloud. Multi-level security thereby assists these enterprises with stopping the attacks at the network level, application level, and end-use level.
The region of Europe is the second commanding region in the multi-layer security market. As Europe is a technically advanced and well-established region, most of the companies and industries are adopting traditional measures for achieving multi-layer security. Europe has a rich concentration of foremost players that provide multi-layer security, and thereby adds in the revenue generated from the region.
On the other hand, the Asia-Pacific region is the fastest-growing region with augmented investment in technology by the government and rapid urbanization. Various government initiatives have allowed multi-national companies to set-up their branches and facilities in Asia, leading to digitization.
In the last, the Rest of the World region for the multi-layer security market covers The Middle East & Africa and Latin America region. Among these, the Middle East is likely to gain a high market share in the multi-layer security market in the coming years owing to changing security structure in the region.
Top Giant Players
The giant players in the multi-layer security market are identified as Gemalto NV (France), SolarWinds MSP (Scotland), AT&T Inc. (US), Fortinet Inc. (US), Oracle Corporation (US), Blue Solutions Limited (England), McAfee LLC (US), Symantec Corporation (US), and Cisco Systems Inc. (US).
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