Secured Web Gateway Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Secured Web Gateway Market Analysis

The Secured Web Gateway Market size is estimated at USD 13.71 billion in 2024, and is expected to reach USD 38.84 billion by 2029, growing at a CAGR of 23.14% during the forecast period (2024-2029).

A secure web gateway (SWG) is a cyberbarrier that protects an organization from online security concerns by enforcing corporate policies and preventing unwanted traffic from accessing the network. It provides enhanced network protection by comparing online requests to enterprise policies and blocking harmful websites. These websites typically contain trojans, adware, spyware, and malware, which can threaten individual and organizational data and information.

• A secure web gateway also protects remote employees while keeping them connected. To offer organizations robust web security, it includes critical security technologies such as antivirus, URL filtering, application control, data loss prevention, and HTTPS inspection.
• The market is growing due to increased internet usage and the rising need for safeguarding and securing end-user data in companies from malware attacks and data breaches. Furthermore, the increasing number of cyberattacks and the rising demand for end-to-end high-security solutions drive global demand for security web gate solutions.
• Furthermore, as data leakage activities increase, governments in many countries invest in secure online gateway solutions, as malicious links containing malicious code might infect the PC and damage the browser. Furthermore, the major industry players are actively spending R&D efforts to produce novel SWG solutions, expected to drive market growth in the upcoming years.
• Employees need to access information to be productive. However, due to security concerns, many organizations restrict access to uncategorized sites, reducing end-user productivity. Not only does this behavior impede end users, but it also forces security professionals to deal with an influx of support tickets from users who genuinely want access to information. As a result, security teams must manage increasing policies and procedures. This is a significant Web security issue since some URLs cannot be categorized due to a lack of information.
• COVID-19 led to accelerated adoption of cloud infrastructure and services and increased the security budget triggered by the growth in attack activities. The secured web gateway market was positively impacted as it constantly helped organizations to identify and mitigate emerging cyber threats more effectively.

Secured Web Gateway Market Trends

Increase in Number of Sophisticated Cyber Attacks is Expected to Drive the Market Growth

Secured Web Gateway Industry Segmentation

A secure web gateway (SWG) is a security solution that prevents unauthorized internet traffic from accessing a company's internal network. Enterprises use it to protect employees and users from malicious websites, web traffic, internet-borne viruses, malware, and other cyber threats. It also aids in regulatory compliance. An SWG is intended to prevent access to and from harmful websites and links. It acts as a security gateway, enforcing granular use controls and preventing risks from accessing online applications by screening web and internet traffic at the application level.

The secured web gateway market is segmented by component (solutions, services), by organization size (large organization, small & medium organizations), by deployment (cloud, on-premise), by end user (BFSI, healthcare, manufacturing, government & defense, IT and telecommunication, other end users) and by geography (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).The market sizes and forecasts are provided in terms of value in USD for all the above segments.