Global Virtual Security Appliance (VSA) Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027

MarketResearch.biz delivers in-depth insights on the global virtual security appliance market in its upcoming report titled, “Global Virtual Security Appliance Market Trends, Applications, Analysis, Growth, and Forecast: 2018 to 2027”. The global virtual security appliance market is estimated to register a CAGR of X.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global virtual security appliances market is segmented based on types, deployment modes, end-use verticals, and region.

Virtual appliances offer software delivery model that improves the experience for customers and developers by packaging pre-configured content. In addition, virtualization-ready solutions in a single software package is easy to distribute and manage.

Virtual security appliances (VSAs) is a software solution that streamline and integrates the operating system used and existing security software into a robust package. This solution can either be deployed on the server or on client’s information technology (IT) infrastructure directly or on a virtual machine. Though majorly, the solution is deployed on a hypervisor layer rather than directly on the hardware. In addition to providing security, virtual security appliances help to increase IT flexibility to run and improve business continuity through more efficient automation such as load balancing, provisioning, failover, and disaster recovery practices.

Growing deployment and upgradation of data centers across the globe, increasing number of cyber-attacks are anticipated to drive the growth of the market to a certain extent. In addition, growing cloud adoption across various industries and increasing threat to existing security systems are expected to drive the overall market growth during the forecast period.

Lack of skilled labour force required to deploy and install the solution and high installation cost are anticipated to hamper the growth of virtual security appliance market.

The global virtual security appliances market is segmented based on types, deployment modes, end-use verticals, and region. On the basis of vertical, the global market is segmented into banking, financial services & insurance (BFSI), public sector, energy & utilities, retail, IT & telecom, manufacturing, aerospace & defence, healthcare, and others. On the basis of deployment, the global market is segmented is into small & medium-size business (SMB) and large business. On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, and Latin America and Middle East & Africa.

The North America dominates the global virtual security appliance market currently, in terms of revenue. More than 50% of organizations in North America are currently deploying or have deployed virtual security appliance. The market in Asia Pacific is projected to have fastest growth during the forecast period, owing to increasing adoption for workplace services which is expected to boost growth of the global virtual security appliance market.

Market Segmentation:

Global Virtual Security Appliance Market by 

• Virtualized network security
• Virtualized content security

Global Virtual Security Appliance Market by deployment:

• Small and Medium-size Business (SMB)
• Large Business

Global Virtual Security Appliance Market by end-use vertical:

• Aerospace and Defence
• Banking, Financial Services, and Insurance (BFSI)
• Public Sector
• Retail
• Healthcare
• IT and Telecom
• Energy and Utilities
• Manufacturing
• Others

Global Virtual Security Appliance Market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Juniper Networks Inc.
• Check Point Software Technologies
• Trend Micro Inc.
• Cisco Systems Inc.
• Palo Alto Networks, Inc.
• Cisco Systems Inc.
• Symantec Corporation
• Fortinet Inc.
• Honeywell International Inc.