The global secure web gateway (SWG) market is expected to grow at a significant CAGR during the forecast period (2024-2031). A secure web gateway (SWG) is a cyberbarrier that guards against online security concerns by enforcing company policies and preventing unwanted traffic from accessing the network. It provides sophisticated network security by comparing online requests from enterprise policies to ensure hazardous websites are blocked. Trojans, adware, spyware, and malware are commonly found on these websites, posing a risk to both individual and corporate data and information. Remote workers are also protected by SWG, which allows them to stay connected. To provide enterprises with powerful web security, it includes critical security technologies such as antivirus, URL filtering, application control, data loss prevention, and SSL inspection.
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With the rising number of people using the internet is growing, the demand for safeguarding and securing end-user data from malware assaults and data breaches in businesses has been growing significantly over the years. Apart from that, the increased frequency of cyberattacks and desire for end-to-end high-security goods have been accelerating the demand for SWG solutions all across the globe. Furthermore, as a result of rising data leakage, governments in several nations are investing in secure online gateway solutions, as rogue links containing hazardous programs can infect a computer and damage the browser. In addition, the main industry players are heavily investing in R&D operations to develop innovative SWG solutions, which is expected to drive market growth during the forecast period.
Additionally, as the BFSI vertical highly concentrates on security products and services to secure its personnel, customers, assets, offices, branches, and operations, it accounts for a large portion of the total SWG market. As this industry is constantly upgrading its processing and transaction technology, end-to-end security solutions are required to secure operations from both internal and external threats. Furthermore, the vertical is always releasing new and improved financial products and services to strengthen its business operations. Factors such as smart banking, online banking, and mobile banking have prompted the BFSI vertical to highly focus on SWG solutions.
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Market Coverage
- Segment Covered-
o By Solution
o By Organization Size
o By Vertical
- Competitive Landscape: NortonLifeLock Inc., Zscaler, and Cisco Systems Inc., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominates the market in base year?
- Which segment and region will project fastest growth in the market?
- How COVID-19 impacted the market?
o Recovery Timeline
o Deviation from pre-COVID forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Secure Web Gateway (SWG) Market Report Segmentation
By Solution
- Threat Prevention
- Access Control
- Data Protection
By Enterprise Size
- SMEs
- Large Enterprise
By Vertical
- BFSI
- Government and Defense
- Healthcare
- IT and Telecom
- Others
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