Sandboxing is a mechanism to detect and block unknown malware and targeted attacks. Sandboxing is offered as a standalone solution or as an integral part of other security solutions, such as Intrusion Prevention System (IPS), Next Generation Firewall (NGFW), secure web gateway, email security, and endpoint security. Moreover, sandboxing solution can be used as a hardware appliance, virtual appliance, or in the cloud. The tool is very important from a security point of view as it is used to detect new types of threats, and it updates the threat intelligence database maintained by various security vendors. This updated information is immediately shared with other security solutions used by customers across the world. Therefore, it prevents threats from inflicting a widespread impact. MarketsandMarkets expects the global sandboxing market to grow from USD 2.90 Billion in 2017 to USD 9.40 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 26.5%. The growth of the sandboxing market is driven by the need to protect IT infrastructure from sophisticated cyber-attacks, and the necessity to adhere to stringent government regulations.
The key sandboxing vendors include Check Point Software Technologies Ltd. (California, US); Cisco Systems, Inc. (California, US); FireEye, Inc. (California, US); Fortinet, Inc. (California, US); Juniper Networks, Inc. (California, US); Palo Alto Networks, Inc. (California, US); Sophos Ltd. (Oxfordshire, UK); Symantec Corporation (California, US); Ceedo Technologies (2005) Ltd. (Netanya, Israel); Forcepoint (Texas, US); McAfee LLC (California, US); SonicWall Inc. (California, US); and Zscaler, Inc. (California, US). Acquisitions and partnerships are the key strategies adopted by these market players to offer feature-rich products and services to customers and penetrate deeper into uncatered regions.
FireEye is one of the leading providers of sandboxing solutions to a variety of industry verticals across the globe. The company has a noteworthy presence in many countries across the regions of North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. The company offers the highest number of hardware-based sandboxing solutions in the world. FireEye is determined to provide complete cybersecurity and threat protection solutions through internal Research and Development (R&D) as well as through its strong partner ecosystem. Under inorganic growth strategies, the acquisitions of iSIGHT Partners in January 2016, and Invotas in February 2016, which are leaders in threat intelligence, helped the company to add advanced intelligence across its product and services platforms. Strategic partnerships with HPE and Viewfinity helped the company to innovate advanced threat intelligence solutions.
Zscaler is another key cloud-based sandboxing vendor that serves more than 5,000 enterprises with over 15 million users in 185 countries. Low cost, faster deployment, high scalability, easy manageability, and high performance of cloud-based security solutions are some of the key factors for the high adoption of the company’s security products and services. In 2016-2017, Zscaler entered into strategic partnerships with various leading cybersecurity solutions and services providers, such as Fishtech Group, Barracuda Networks, Ooma, Carahsoft Technology Corp., and AlienVault, to enhance its product offerings and increase its customer base.
Sandboxing Market by Component (Solution, Service), Delivery Type (Hardware, Virtual Appliance, and Cloud-based), Organization Size (Large Enterprises and Small and Medium-Sized Enterprises), Industry Vertical, and Region - Global Forecast to 2022
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