Next-generation Security Solutions Market - What Factors will drive the Market in Upcoming Years?

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The next-generation security solutions market research analysis report identifies that the rising trend for IT consolidation and modernization will be one of the major factors that will have a positive impact on the growth of the market. The adoption of IT services is high due to the rising demand for IT modernizations in various industries such as the telecom and healthcare sectors. 
The application of mobile devices for professional and personal purposes is increasing in North America. This is driving the need for data and computer protection and next generation security solutions. This is driving the need for next generation security solutions in the region. Owing to the high incidents of frauds in organizations and mass-level data breach, the adoption of next-generation security solutions will increase in the Americas.
Competitive landscape and key vendors
The next generation security solutions market is highly fragmented. The vendors in the next generation endpoint security market are classified as category-focused, diversified, industry-focused, and pureplay. Category-focused vendors are increasingly focusing on providing their services, solutions and products to the end-users in the IT security segment. Diversified vendors of the next generation endpoint security market are offering their products and services to various business verticals and industries.
Key vendors in this market are -
    Cisco Systems
    CheckPoint Software technologies
    Symantec
    Palo Alto Networks
The other prominent vendors in the market are McAfee, Juniper Networks, Fortinet, Sophos, HPE, SecureLink, Citrix Systems, Kaspersky Lab, WatchGuard Technologies, Dell, Huawei Technologies, F-Secure, Voyager Networks, Barracuda Networks, IBM, Microsoft, CA Technologies, Trend Micro, FireEye, and RSA Security.
Segmentation by deployment and analysis of the next-generation security solutions market
    On-premises
    Cloud based
The popularity of on-premises next-generation security solutions is increasing since they offer advanced security by shielding an organization’s internal PCs from the online world. With the rising focus of SMEs in the banking, financial services, and insurance (BFSI) on security over cost-effectiveness, the preference for on-premises next-generation security will increase in the comiung years.
Segmentation by end-user and analysis of the next-generation security solutions market
    Large enterprises
    SMEs
    Government organizations
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