Global Sandboxing Market to Reach $19.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Sandboxing estimated at US$4.5 Billion in the year 2020, is projected to reach a revised size of US$19.7 Billion by 2027, growing at aCAGR of 23.5% over the period 2020-2027. Solutions, one of the segments analyzed in the report, is projected to record 24.4% CAGR and reach US$14.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Services segment is readjusted to a revised 21.3% CAGR for the next 7-year period.
The U.S. Market is Estimated at $1.3 Billion, While China is Forecast to Grow at 22.9% CAGR
The Sandboxing market in the U.S. is estimated at US$1.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.4 Billion by the year 2027 trailing a CAGR of 22.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 20.9% and 20% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 16.5% CAGR.We bring years of research experience to this 7th edition of our report. The 147-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.Competitors identified in this market include, among others,
- Ceedo Technologies (2005), Ltd.
- Check Point Software Technologies Ltd.
- Cisco Systems, Inc.
- FireEye, Inc.
- Forcepoint LLC
- Fortinet, Inc.
- Juniper Networks, Inc.
- McAfee LLC
- Palo Alto Networks, Inc.
- SonicWall, Inc.
- Sophos Ltd.
- Symantec Corporation
- Zscaler, Inc.