Sandboxing Market - Forecast(2020 - 2025)

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Sandboxing Market Overview

Sandboxing market size was valued at $9.58 billion by 2025 by growing at a CAGR of 28.27% during 2020-2025. The growth is mainly attributed to the significant investment in order to develop advanced cyber security through sandboxing. Furthermore, the growing emphasis towards sandbox security and advanced threat protection is also set to propel the market growth in the future.

Sandboxing Market Report Coverage

The report: “Sandboxing Market – Forecast (2020-2025)”, by IndustryARC covers an in-depth analysis of the following segments of the Sandboxing market. 
By Type: Solution, Service 
By System/Device: Mobile based and PC based
By Deployment: Hardware, Virtual appliance, Cloud based
By Organization Size: Small and medium scale enterprises, Large scale enterprises
By Application: Network security, Data protection, Safe web browsing, Application and others
By End user: BFSI, Government, IT & Telecom, Healthcare, Education, Retail, and Others
By Geography: North America, South America, Europe, APAC, and RoW

Key Takeaways

  • North America dominated the Sandboxing market in term of revenue in 2019 owing to the presence of major number of players.
  • Increasing adoption of Sandboxing in BFSI with the growing data breaches is set to boost the adoption rate in the BFSI sector therefore is analysed to grow at highest rate during the forecast period.
  • Adoption of advanced technologies such as IoT, smart devices in various industries is poised to propel the market growth.  As the sandbox provides security mechanism for running untested or untrusted programs or code, from unverified without risking harm to the host machine or operating system, these technologies will drive the market.

Sandboxing Market Segment Analysis - By Deployment

By deployment type the market is segmented into on premise and cloud. Cloud based is set to grow at highest rate during the forecast period 2020-2025 owing to the high adoption in many firms. Rendering the cloud provides the virtually infinite computing power and enable the user to create realistic and high resolution images. Cloud deployment provides greater flexibility. Adding to this, cloud-based sandboxing solutions provide effective protection without suffering the common drawbacks of degrading the network performance or being easily evaded by clever hackers.

Sandboxing Market Segment Analysis - By End user

BFSI is the fastest growing segment in Sandboxing market and estimated to grow at a significant CAGR during forecast period 2020-2025. As stated by fogerock, Banking/insurance and government were the second and third most victimized industries, collectively comprising 20% of all breaches in 2018. Therefore the dire need of security is resulting in demand for Sandboxing market. In 2019, The Reserve Bank of India (RBI) recently finalized the setting up of a regulatory sandbox for banks, lending institutions and fintechs by releasing the final enabling framework for regulatory sandbox. In November 2019, YES BANK, India’s fourth largest private sector bank has launched YES Fintech Developer, an API sandbox with over 50 virtual APIs at Bengaluru. These strategies are aimed to customize the digital solutions for it’s clients.

Sandboxing Market Segment Analysis - By Geography

North America dominated the Sandboxing market in 2019 followed by Europe and APAC owing to the early adoption of advanced technologies in this region. In the U.S., identity threats highly target businesses. Hence, the necessity to meet compliance requirements for securing hence contributing to the market growth. As stated by Forgerock, 2.8 billion consumer data records were exposed in US at an estimated cost of more than $654 billion in 2018. Adding to this, the growing investments in the IT security is further contributing to the market growth rate. A huge sum of $114B is invested by enterprises in information security products and services in 2018.

Sandboxing Market Drivers 

Rise in demand of integrated and NGFW combining power of sandboxing:

Increasing data security has become concern in the small, medium and large scale enterprises. Taking measures for the prevention of data breach has become a priority in IT security teams. Forcepoint applies layered anti-malware solutions and behavioural sandboxing to identify the malicious nature of ransom ware variants. Therefore, the demand of Sandboxing solutions is increasing and this drives the market growth.

Increasing usage of IoT and smart devices:

Increasing adoption of IoT and smart devices in industries have created demand for Sandboxing solutions. Increase in number of mobile devices among enterprises has posed issues for data management in various systems, clouds and so on which increased the threat of cybercrimes. Thus, organizations have been adopting advanced authentication security solutions including sandboxing in order to protect sensitive information of consumers. In smart homes, sandboxing based security models are deployed to contain the malicious traffic and unauthorized modification of information to limit potential attacks on integrity and confidentiality of data.

Sandboxing Market Challenges

Easy availability of free software based sandboxing solutions

The easy availability of the free software based sandboxing solutions is analysed to be a hindering factor for the market. The market is diluted with the local players providing sandboxing solutions that result in various security breaches, thereby restraining the market growth rate. In September 2019, Microsoft launched Sandboxie, a sandbox program for Microsoft's Windows operating system, has been turned into a free application.

Sandboxing Market Landscape

Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Sandboxing market. Sandboxing market is expected to be dominated by major companies such as Cisco Systems, Symantec Corp, Ceedo Technologies, Palo Alto Networks Inc., Sophos Ltd, SonicWall Inc., Juniper Networks, Inc. and others.

Acquisitions/Technology Launches/Partnerships

  • In 2018, VirusTotal an IT tool company, launched its new sandbox technology “Droidy” which is an android based sandbox technology. This sandbox technology is used for analyzing behavior of android apps and producing reports for end users.

1. Sandboxing Market Overview
2. Executive Summary
3. Sandboxing Market Landscape
   3.1. Market Share Analysis
   3.2. Comparative Analysis 
      3.2.1. Product Benchmarking
      3.2.2. End User profiling
      3.2.3. Patent Analysis
      3.2.4. Top 5 Financials Analysis
4. Sandboxing Market Forces
   4.1. Market Drivers
   4.2. Market Constraints
   4.3. Market Challenges
   4.4. Attractiveness of the Industry
      4.4.1. Power of Suppliers
      4.4.2. Power of Customers
      4.4.3. Threat of New entrants
      4.4.4. Threat of Substitution
      4.4.5. Degree of Competition
5. Sandboxing Market – Strategic Analysis
   5.1. Value Chain Analysis
   5.2. Pricing Analysis
   5.3. Opportunities Analysis
   5.4. Product/Market Life Cycle Analysis
   5.5. Suppliers and Distributors
6. Sandboxing Market - By Component
   6.1. Solution
      6.1.1. Standalone
      6.1.2. Integrated
   6.2. Services
      6.2.1. Professional Services
            6.2.1.1. Professional Consulting
            6.2.1.2. Support & Maintenance
            6.2.1.3. Training & Education
      6.2.2. Managed Services
7. Sandboxing Market - By Deployment
   7.1. Hardware
   7.2. Virtual Appliance
   7.3. Cloud-Based
      7.3.1. Hybrid Cloud
      7.3.2. Private Cloud
8. Sandboxing Market - By Organization Size
   8.1. Large Scale Enterprises
   8.2. Small & Medium Scale Enterprises
9. Sandboxing Market - By Applications
   9.1. Network Security
      9.1.1. Intrusion Prevention
      9.1.2. Advanced Threat Protection
   9.2. Data (User) Protection
      9.2.1. Endpoint Security
      9.2.2. Email Security
      9.2.3. Web Security
      9.2.4. SaaS Application Security
   9.3. Safe Web Browsing
   9.4. Application Testing
   9.5. Others (Operating System Sandboxing)
10. Sandboxing Market – By End User Industries
   10.1. Introduction
   10.2. BFSI (Banking, Financial Services, and Insurance)
      10.2.1. Banking
            10.2.1.1. Investment Banking
            10.2.1.2. Commercial Banking
            10.2.1.3. Corporate Banking
            10.2.1.4. Others
      10.2.2. Financial Services
            10.2.2.1. Payment Gateways
            10.2.2.2. Stock-Broking
            10.2.2.3. Others
      10.2.3. Insurance
   10.3. Government Sector 
      10.3.1. Law Enforcement
      10.3.2. Military
      10.3.3. Law Enforcement
      10.3.4. Others
   10.4. IT & Telecom
      10.4.1. Software Industries
      10.4.2. Mobile Networks
      10.4.3. Internet
      10.4.4. Others
   10.5. Healthcare
      10.5.1. Pharmaceutical Services
      10.5.2. Hospitals
      10.5.3. Others
   10.6. Education
      10.6.1. Schools
      10.6.2. Colleges
      10.6.3. Universities
      10.6.4. Others
   10.7. Retail
      10.7.1. Departmental Stores
      10.7.2. Warehouse Stores
      10.7.3. Malls
      10.7.4. Hotels
      10.7.5. Others
   10.8. Others (Construction, Manufacturing, Environment)
11. Sandboxing Market - By Geography
   11.1. North America
      11.1.1. U.S.
      11.1.2. Canada
      11.1.3. Mexico
   11.2. South America
      11.2.1. Brazil
      11.2.2. Argentina
      11.2.3. Chile
      11.2.4. Colombia
      11.2.5. Others
   11.3. Eastern Europe
      11.3.1. Poland
      11.3.2. Russia
      11.3.3. Czech Republic
      11.3.4. Others
   11.4. Western Europe
      11.4.1. U.K.
      11.4.2. Germany
      11.4.3. Italy
      11.4.4. France
      11.4.5. Spain
      11.4.6. Benelux   
      11.4.7. Nordic
      11.4.8. Others
   11.5. APAC
      11.5.1. Japan
      11.5.2. China
      11.5.3. India
      11.5.4. South Korea   
      11.5.5. Taiwan
      11.5.6. Australia
      11.5.7. Others
   11.6. Middle East
      11.6.1. Saudi Arabia
      11.6.2. UAE
      11.6.3. Israel
      11.6.4. Others
   11.7. Africa
      11.7.1. South Africa
      11.7.2. Egypt
      11.7.3. others
12. Market Entropy
   12.1. New Product Launches
   12.2. M&As, Collaborations, JVs, Partnership
13. Company Profiles
   13.1. Cisco Systems Inc (U.S.)
   13.2. Symantec Corporation (U.S.)
   13.3. Ceedo Technologies Ltd (U.S.)
   13.4. Palo Alto Networks Inc (U.S.)
   13.5. Sophos Ltd (U.K.)
   13.6. Company 6
   13.7. Company 7
   13.8. Company 8
   13.9. Company 9
*More than 10 Companies are profiled in this Research Report*
"*Financials would be provided on a best efforts basis for private companies"
14. Appendix
   14.1. Abbreviations
   14.2. Sources
   14.3. Research Methodology
   14.4. Bibliography
   14.5. Compilation of Expert Insights
   14.6. Disclaimer