The Japanese NAMA solution market witnessed a significant growth of 76.9% on a YoY basis, registering revenues of $73.6 million in 2016. This significant growth was mainly driven by the continuously increasing sophistication of targeted cyber attacks over the year across the vertical segment.
In light of the current cyber attack situation, the NAMA solution market is expected to maintain its spending momentum in the next five years with a strong CAGR of 27.6% through 2021, registering revenues of $249.1 million. As a result, the Japanese market will continue to hold the largest market share in the APAC region. The BFSI vertical was one of the largest spenders in 2016, accounting 25.8% of the total market share.
Research Scope
Market trends are analyzed for the study period 2015 to 2021, with the base year being 2016. NAMA solution is the key focus area in this study. The vertical segmentation in this study includes the government, banking, financial services and insurance (BFSI), service provider, manufacturing, education, and other sectors including pharmaceuticals, retail, logistics, oil & gas, energy, mining, agriculture, IT/ITES, e-Gaming, e-Commerce, and BPOs.
Companies mentioned in the Japanese NAMA market's competitive landscape include FireEye, Trend Micro, Zscaler, Cisco, Palo Alto Networks, Check Point Software Tech, Proofpoint, McAfee, Symantec, Lastline, NSFOCUS, SonicWall, ForcePoint, Fortinet, and other small vendors.
In addition to market growth analysis, the study highlights the key factors driving the NAMA market:
- the constant evolution of APT, targeted, and advanced malware attacks drive the need for advanced malware analysis solutions to gain greater visibility into threats
- the increasing need for proactive defense solutions drives organizations to invest in holistic security strategies to build up cyber resilient systems
- concerns over financial and reputation losses and liabilities continue to drive the adoption of advanced malware analysis solutions
- growing concerns over threats to key infrastructure and strong requirements for cyber resiliency are driving government organizations, utilities, and service providers to invest in NAMA solutions
Key Issues Addressed
- Is the NAMA solution market growing? How long will it continue to grow, and at what rate?
- Are the existing competitors structured correctly to meet customer needs?
- Who are the major solution vendors in different regions and what is their market share?
- What will be the market trends in terms of NAMA solution adoption?
- What are the vertical and horizontal market trends?
- What are the growth opportunities and call to action for the supply chain?
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- FireEye
- Trend Micro
- Zscaler
- Cisco
- Palo Alto Networks
- Check Point Software Tech
- Proofpoint
- McAfee
- Symantec
- Lastline
- NSFOCUS
- SonicWall
- ForcePoint
- Fortinet
- and more...