[FURL=https://www.industryarc.com/Report/18663/sandboxing-market.html]Sandboxing Market[/FURL] size was valued at $9.58 billion by 2025 by growing at a CAGR of 28.27% during 2020-2025. The growth is mainly attributed to the significant investment in order to develop advanced cyber security through sandboxing. Furthermore, the growing emphasis towards sandbox security and advanced threat protection is also set to propel the market growth in the future.Key Takeaways
North America dominated the Sandboxing market in term of revenue in 2019 owing to the presence of major number of players.
Increasing adoption of Sandboxing in BFSI with the growing data breaches is set to boost the adoption rate in the BFSI sector therefore is analysed to grow at highest rate during the forecast period.
Adoption of advanced technologies such as IoT, smart devices in various industries is poised to propel the market growth. As the sandbox provides security mechanism for running untested or untrusted programs or code, from unverified without risking harm to the host machine or operating system, these technologies will drive the market.
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Sandboxing Market Segment Analysis - By Geography
North America dominated the Sandboxing market in 2019 followed by Europe and APAC owing to the early adoption of advanced technologies in this region. In the U.S., identity threats highly target businesses. Hence, the necessity to meet compliance requirements for securing hence contributing to the market growth. As stated by Forgerock, 2.8 billion consumer data records were exposed in US at an estimated cost of more than $654 billion in 2018. Adding to this, the growing investments in the IT security is further contributing to the market growth rate. A huge sum of $114B is invested by enterprises in information security products and services in 2018.
Sandboxing Market Drivers
Rise in demand of integrated and NGFW combining power of sandboxing:
Increasing usage of IoT and smart devices:
Sandboxing Market Landscape : Sandboxing market is expected to be dominated by major companies such as Cisco Systems, Symantec Corp, Ceedo Technologies, Palo Alto Networks Inc., Sophos Ltd, SonicWall Inc., Juniper Networks, Inc. and others.
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