The remote work security market is projected to grow from USD 51.7 billion in 2023 to USD 136.0 billion by 2028 at a CAGR of 21.3% during the forecast period. The widespread adoption of remote work, accelerated by global events like the COVID-19 pandemic, has created a pressing need for robust security solutions to protect remote employees and sensitive data, driving the growth of the remote work security market.
The major vendors covered in the remote work security market include Cisco (US), VMware (US), Palo Alto Networks (US), Check Point (Israel), Fortinet (US), Microsoft (US), IBM (US), Trend Micro (Japan), Broadcom (US), Cloudflare (US), Sophos (UK), ZScaler (US), Citrix (US), CyberArk (US), Crowdstrike (US), Forcepoint (US), Proofpoint (US), ESET (Slovakia), Seclore (US). These players have adopted various growth strategies, such as partnerships, business expansions, agreements, collaborations, and new product launches, to expand their presence in the network emulator market.
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Cisco is a prominent technology-based company renowned for designing, manufacturing, and distributing Internet Protocol-based networking and IT products worldwide. Its extensive switching portfolio encompasses campus and data center switching solutions, while the enterprise routing portfolio ensures secure connectivity across wireline and mobile networks for campuses, data centers, and branches. The company’s diverse wireless products include standalone access points, controller appliances, switch-converged solutions, and Meraki cloud-managed offerings. In addition, Cisco offers a compute portfolio that integrates computing, networking, and storage infrastructure management and virtualization, featuring the Cisco Unified Computing System and HyperFlex. The company also provides cutting-edge products for the future, including routed optical networking, 5G, silicon, and optics solutions. Cisco excels in collaboration products, end-to-end security solutions, and optimized application experiences.
Fortinet, a prominent cybersecurity enterprise, specializes in cutting-edge solutions like next-generation firewalls and network security. With a focus on safeguarding against security threats and streamlining IT infrastructure, Fortinet’s offerings provide comprehensive protection. The company’s product lineup includes FortiGate hardware and software licenses with a wide array of security and networking features like firewall, intrusion prevention, VPN, and web filtering. In addition, Fortinet offers FortiSwitch for secure switching, FortiAP for wireless networking, FortiWeb for web application firewall, and FortiClient for endpoint protection. To further enhance security measures, the company provides FortiAnalyzer and FortiManager for centralized logging and reporting, while FortiSandbox offers proactive threat detection. FortiAuthenticator ensures zero trust access, and FortiEDR/XDR provides robust endpoint protection and remediation capabilities. The company caters to diverse organizations, including communication service providers, enterprises, government entities, security service providers, and small businesses across the Americas, Europe, the Middle East, Africa, and the Asia-Pacific regions. Fortinet also offers valuable security subscriptions, technical support, and professional training services to complement its solutions.
OpenVPN is a globally recognized private networking and cybersecurity company that offers organizations the means to safeguard their assets in a flexible, cost-effective, and scalable manner. Their cloud-based platform facilitates the swift and effortless connection of private networks, devices, and servers, enabling the establishment of a secure, virtualized modern internet. OpenVPN's solutions are instrumental in helping organizations establish secure, virtualized, and dependable networks that ensure encrypted communications among on-premise applications, SaaS platforms, remote workforces, business partners, IoT/IIoT devices, and specialized global applications. They provide two distinct secure networking solutions catering to small, medium, and enterprise businesses: CloudConnexa, a managed solution ensuring secure communication for distributed workforces and IoT devices, and Access Server, a self-hosted option that simplifies the swift deployment of secure remote access solutions through a user-friendly web-based interface and integrated OpenVPN Connect Client installer. Both solutions are designed to scale and deliver a seamless and secure experience, regardless of an organization's size.
Remote Work Security Market by Offering (Solutions and Services), Security Type (Endpoint & IoT, Network, Cloud), Remote Work Model (Fully, Hybrid, Temporary), Vertical (BFSI, Retail & eCommerce, IT & ITeS) and Region - Global Forecast to 2028
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