The rising demand for improved internet
connectivity and recent technological advancements harvest immense
opportunities for the global remote browser market.
Besides rising growth rate, the market is likely to witness competition
intensifying even further in the coming years. The booming market has
attracted several small and medium-scale secure browsing solution
providers over the last few years. Transparency Market Research (TMR)
expects a flurry of new entrants in the coming years, indicating toward a
robust future for the market. Some of the top market players are eyeing
on strengthening their footprint by acquiring smaller yet promising
enterprises. Besides this, the market has witnessed several mergers and
strategic collaborations in the past years intended at given businesses
impetus.
Several market players are strategizing
to work with secure browsing solutions. Some of the other companies are
focusing toward partnerships to offer networking and improve cyber
security solutions. Through this, the companies are aiming at emerging
at the market’s fore. According to TMR, Tucloud Federal Inc., Symantec
Corporation, Cyberinc, Bomgar Corporation, Citrix Systems, Inc., Light
Point Security, Ericom Software, Bromium, Inc., Authentic8, Inc., and
Menlo Security are some of the renowned companies operating in the
global remote browser market.
TMR has pegged the global remote browser
market at US$1,026.8 mn in 2016. Exhibiting an exceptional CAGR of
19.6%, the global market is forecast to reach US$5079.8 mn by the end of
2025. Regionally, North America held the largest market share in 2016
and is likely to remain the dominant regional segment through the course
of the report’s forecast period. Soaring threats of cyber-attack and
escalating demand from the US will aid the market’s expansion in North
America. Among end users, the BFSI segment is likely to exhibit high
demand in the coming years.
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Market to Gain Impetus from Rising Investment in Advanced Technologies
In the last few years, the demand for
remote browsing solutions has risen as they provide an effective
platform to protect network and enterprise systems from web-borne
attacks. This is achieved by isolating end users’ web browsing
activities onto a remote virtual server. Various factors have supported
the global remote browser market in achieving robust growth over the
last few years. For instance, the market has significantly benefited
from the presence of a well-established companies and emerging players,
alike. Currently, players can be seen investing in advanced
technologies.
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