New York, US, April 27, 2023 (GLOBE NEWSWIRE) -- According to a comprehensive research report by Market Research Future (MRFR), " Web Filtering Market: By Filtering Type, By Deployment, By Organization Size, By Vertical and Forecast till 2030”, the market is predicted to thrive substantially during the assessment era from 2022 to 2030 at a healthy CAGR of approximately 12.44% to attain a valuation of around USD 9.06 Billion by the end of 2030.
Web Filtering Industry Key Players
- Cisco Systems Inc.
- Symantec Corporation
- McAfee LLC
- Trend Micro Inc.
- Palo Alto Networks Inc.
- Fortinet Inc.
- Barracuda Networks Inc.
- Forcepoint LLC
- Zscaler Inc.
- Webroot Inc
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Report Scope:
| Report Metrics | Details |
| Web Filtering Market Size by 2030 | USD 9.06 Billion |
| Web Filtering MarketCAGR during 2022-2030 | 12.44%. |
| Base Year | 2021 |
| Forecast | 2022-2030 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Market Drivers | The rise of the Web Filtering Industry Profit has been fueled by favorable government rules and regulations as well as the growing demand for businesses to effectively control network bandwidth use. |
Drivers
The growth of the web filtering market can be attributed to the increasing need for web filtering solutions to protect organizations from cyber threats, malware attacks, and data breaches. The rise of cloud computing and the increasing adoption of bring your own device (BYOD) policies in organizations are also driving factors for the growth of the market.
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Challenges
However, the web filtering market faces several challenges, including the lack of awareness about web filtering solutions among small and medium-sized enterprises (SMEs) and the high cost of implementation of web filtering solutions. The dynamic nature of cyber threats and the need for constant updates and upgrades to web filtering solutions are also challenges that need to be addressed.
Market Segmentation
The global web filtering market is segmented by type, deployment mode, organization size, and region. By type, the market is segmented into URL filtering, IP filtering, keyword filtering, and file type filtering. By deployment mode, the market is segmented into cloud-based and on-premise. By organization size, the market is segmented into large enterprises and SMEs.
Regional Analysis
The global web filtering market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to dominate the market during the forecast period due to the presence of several key players in the region and the increasing adoption of web filtering solutions by organizations to protect their data.
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Industry Trends
One of the key trends in the web filtering market is the increasing use of artificial intelligence (AI) and machine learning (ML) technologies to enhance the capabilities of web filtering solutions. Another trend is the integration of web filtering solutions with other security solutions such as firewalls and intrusion detection systems to provide comprehensive security to organizations.
Recent Developments and Opportunities
In recent years, several developments have been made in the web filtering market. For instance, in January 2022, Symantec Corporation announced the launch of its new web filtering solution, Symantec WebFilter, which uses AI and ML technologies to provide real-time protection against web-based threats. Similarly, in October 2021, McAfee LLC announced the launch of its new web filtering solution, McAfee Web Protection, which provides advanced web filtering capabilities to organizations.
There are several opportunities in the web filtering market, including the increasing adoption of cloud-based web filtering solutions, the integration of web filtering solutions with other security solutions to provide comprehensive security, and the development of web filtering solutions for SMEs.
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In conclusion, the web filtering market is expected to grow at a significant rate in the coming years due to the increasing need for web filtering solutions to protect organizations from cyber threats and data breaches. However, the market also faces several challenges that need to be addressed. The integration of AI and ML technologies and the development of web filtering solutions for SMEs present significant opportunities for the growth of the market.
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