28.11.2017 22:29:00

Analysis of the Greater China Secure Content Management (SCM) Market, Forecast to 2021

NEW YORK, Nov. 28, 2017 /PRNewswire/ --

Stronger Requirements for Security and Content Management Compliance and Constantly Evolving Threats are Driving the SCM Market

Read the full report: https://www.reportlinker.com/p05219382

The Greater China SCM solutions market grew by 8.5% on a YoY basis, and had market revenue of $212.2 million in 2016. China remained the key contributor to the total revenue in the GCR market, followed by Taiwan and Hong Kong.The email security segment recorded flat growth of 3.2% and market revenue of $72.0 million in 2016. Email remains the popular attack vector as an initial entry point for cyber-attacks that are targeting organizations in the region.

The common attacks in the Greater China Region in 2016 included spamming, phishing, spoofing, and Business Email Compromise (BEC). Web security solutions continued to experience stronger growth compared to email security, and recorded market revenue of $140.2 million in 2016. Stringent regulations and ongoing security initiatives in the region continue to drive the Web security market; the majority of spending was contributed by large enterprises with rising concerns over data privacy and regulatory compliance.

In addition to the market growth analysis, the study highlights the key driving forces for the SCM market. Some key drivers include the continual surge of new advanced threats and attacks through email and Web vectors and better awareness of the threat landscape. The surge of IoT devices and the increasing adoption of mobility in the workforce require organizations to tighten their control of online content to enhance productivity and prevent threats. Strict compliance requirements drive investments in security to prevent litigation and legal liabilities and in turn drive adoption of cybersecurity.

Market trends are analyzed for the study period of 2015 to 2021, with the base year as 2016. SCM solutions are the key focus area in this study. The vertical segmentation in this study includes the government, banking, financial services and insurance (BFSI), service providers, manufacturing, education, and other sectors.

Companies mentioned in the SCM market's competitive landscape include Symantec, Cisco (Ironport), Trend Micro, Forcepoint, McAfee, Lyceum Capital (Clearswift), Axway (Tumbleweed), Barracuda, Fortinet, SonicWall, Sophos, F-Secure, Sangfor, H3C, Cellopoint, Softnext, Netentsec and other small vendors. The regions included in this study are China, Hong Kong, and Taiwan.

Key Questions This Study Will Answer
• Is the secure content management (SCM) market growing? How long will it continue to grow, and at what rate?
• Are the existing competitors structured correctly to meet customer needs?
• Will SCM solutions continue to exist, or will they get replaced by other solutions?
• How will the structure of the market change with time?
• Will SCM products/services become features in other markets?
• Are the vendors in the market ready to manage alone, or do they need partnerships to take their business to the next level?

Read the full report: https://www.reportlinker.com/p05219382

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