The global CDR market size is expected to grow at a Compound Annual Growth Rate (CAGR) of 15.7% during the forecast period, to reach USD 0.5 billion by 2026 from USD 0.2 billion in 2021. Key factors that are expected to drive the growth of the market are the increasing cost of data breaches, growing stricter regulation and compliance for content security, and increasing number of zero day and file-based attacks.
Services segment to grow at a higher CAGR during the forecast period
Based on the component, the market is segmented into two categories: solutions and services. Edge-based segment is expected to grow at a higher CAGR during the forecast period. The services segment is expected to grow at a higher CAGR during the forecast period. Services, including consulting, integration and implementation, training and education, and support and maintenance, are required at various stages, starting from the pre-sales requirement assessment to post-sales product deployment and execution, thus enabling the client to get maximum RoI. Services constitute an integral part in deploying the solution on-board, imparting training, and handling and maintaining the software solution. Companies offering these services encompass consultants, solution experts, and dedicated project management teams that specialize in the design and delivery of critical decision support software, tools, and services.
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Cloud deployment mode to grow at a higher CAGR during the forecast period.
The content disarm and reconstruction market is segmented by deployment mode into on-premises and cloud segment. The cloud deployment mode is expected to grow at a higher CAGR during the forecast period. CDR solutions are migrating to the cloud from the on-premises deployment model as the former offers benefits such as reduced operational costs, making the technology accessible to the organizations and departments that lack capital and good infrastructure to support the on-premises deployment model. ECDR software can be deployed as a cloud-based model, allowing multiple users to access information through the internet. Cloud services require no upfront cost or pay according to the user requirement. The cloud deployment model offers various benefits to organizations, such as quick deployment, scalability, and anywhere access. Data security is a major concern while adopting cloud services. Thus, organizations are moving toward private and hybrid cloud solutions.
The content disarm and reconstruction market comprises major providers, such as Check Point Software Technologies (Israel), Fortinet (US), Broadcom (US), OPSWAT(US), Peraton(US), Deep Secure (UK), Votiro (US), Resec Technologies(Israel), odix (Israel), Glasswall Solutions (England), Sasa Software (Israel) JiranSecurity (South Korea), YazamTech(Israel), Solebit(Mimecast), CybACE Solutions (India), SoftCamp (South Korea), and Gatefy (US) . The study includes an in-depth competitive analysis of key players in the content disarm and reconstruction market with their company profiles, recent developments, COVID-19 developments, and key market strategies.
The players in this market have embraced different strategies to expand their global presence and increase their market shares. New product launches and enhancements, partnerships, mergers, and acquisitions, have been the most dominating strategies adopted by the major players from 2019 to 2021, which helped them strengthen their offerings and broaden their customer base.
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Check Point Software Technologies is one of the leading providers of cybersecurity solutions. It provides accessible security offerings that include security management, cloud security, endpoint security, data security, Unified Threat Management (UTM), mobile threat prevention, and network security. The company delivers IT services and security solutions globally. Moreover, it is a provider of complete security architecture for protecting SMEs and large enterprises from ransomware, malware, and other types of sophisticated fifth-generation cyber-attacks. It offers services such as training and certifications, security consulting, support services, and professional services. Besides, it delivers cyber security solutions for data centers, large enterprises, SMEs, and home offices.
The company caters to a wide range of customers, from large enterprises to SMEs, including retail; BFSI; ICS/SCADA; public and private enterprises; government, healthcare, telecom, and education sectors. It safeguards more than 100,000 organizations of all sizes across the globe. Moreover, Check Point Software Technologies has its presence in various regions, such as North America, Europe, APAC, MEA, and Latin America.
Fortinet is one of the leading providers of content and network security solutions and services. It offers a wide portfolio of products, solutions, and services for data center security. It has a huge set of cyber security solutions, including APT detection, firewalls, infrastructure security, endpoint security, virtualized security, mobile security, application security, Identity and Access Management (IAM), data center, and cloud security. The company offers a comprehensive set of solutions for SMEs. Furthermore, it delivers solutions to carriers, cloud service providers, and MSSPs. The company caters its products to a wide range of industry verticals, including government, education, financial services, retail, and healthcare. It serves more than 10,000 customers in 180 countries. It has an extensive customer base in the Americas, EMEA, and APAC.
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