The growth of the content on the web has increased the need for filtering to sort out irrelevant content. Market reports linked to the information and communication technology industry have been put forward by Market Research Future which generates reports on other industry verticals that target the study of recent market scenarios better. The market is estimated to gross revenues worth USD 5.5 billion while advancing at a CAGR of 14.05 % in the forecast period.
The growing need to control or restrict certain URLs or websites is a crucial factor that is motivating the web filtering market. The improvements in productivity, security, and flexibility of a network brought about by web filtering are anticipated to spur the market’s progress in the coming years. The prevalence of malware is projected to impel the growth of the web filtering market in the impending years.
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Digitalization has brought along both bane and boon. It has paved the way for continuous bombardment of advertisements and virus attack, which is why web filters are getting upgraded constantly. The aim is to take out any kind of malware and online bugs. This blocking of unnecessary contents increases productivity and network speed. The global web filtering market is all set to gain 14.05% CAGR during the forecast period (2017-2023). Market Research Future’s (MRFR’s) prediction showcases a possibility of attaining USD 5.5 billion valuation by the end of 2023.
The segmentation of the web filtering market is carried out on the basis of vertical, deployment, filtering type, organization size, and region. Based on the filtering type, the web filtering market is segmented into URL filtering, keyword filtering, and DNS filtering. The segmentation of the web filtering market on the basis of deployment comprises of on-cloud and on-premise. Based on organization size, the web filtering market is segmented into SME and large enterprises. Based on the verticals, the web filtering market is segmented into retail, healthcare, IT & telecommunication, BFSI, manufacturing, education, and others. The regions considered in the web filtering market are North America, Europe, Asia Pacific and rest of the world.
Detailed Regional Analysis
The regional study of Web Filtering Market Size covers regions such as Europe, North America, Asia Pacific and rest of the world. The North American region controls the chief market share in the year 2017 and their lead is anticipated to last through the forecast period. Growing incidence of online malware and rise in BYOD (Bring Your Own Device) policy throughout organizations is motivating the web filtering market in this region. As the North American region is technically advanced, the high implementation of web filtering solutions is motivating the market development. The Asia Pacific region is anticipated to display a high growth rate throughout the forecast period. The rise in internet penetration and the requirement for enterprises to decrease the misuse of the internet is primarily compelling the market in this region. The intensifying adoption of cloud-based services throughout the region is also expected to enhance the web filtering market growth.
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