Secure Content Management Service Providers Gain a Competitive Edge by Offering Cloud Solutions

Vendors find greater growth opportunities in web security than e-mail security,finds Frost & Sullivan

SINGAPORE,Feb. 5,2020 --With rising industry convergence and the need to reduce complexity and cost of operation,businesses are increasingly considering cloud-based Secure Content Management (SCM) services in addition to other security platforms. The overall investments in on-premise SCM solutions increased by 8.1% year-on-year (YoY) in 2018,driven by the web security segment,which registered a growth rate of 11.2%. The e-mail security segment registered a flat growth rate of 3.8%. Overall,the $916.6 million market is expected to grow to US$1.45 billion by 2023.

"With companies increasingly using public cloud e-mail services such as Office 365 and Gmail,there is a huge market for cloud e-mail security services due to their benefits of payment and deployment flexibility and reduced operation and maintenance costs," said Vivien Pua,Research Analyst,Cybersecurity,ICT Practice. "Businesses are rapidly adopting the SCM-as-a-service model over on-premise SCM solutions; however,this will eat into the shares of the legacy SCM solutions market in the long term."

Frost & Sullivan's recent analysis,Analysis of the Asia-Pacific Secure Content Management Market,Forecast to 2023,studies the key market trends of 2018 and its market drivers and restraints. It presents the competitive landscape in Asia-Pacific and its sub-regions of Greater China,Japan,South Korea,India,the Association of Southeast Asian Nations (ASEAN),and Australia-New Zealand (ANZ).

For further information on this analysis,please visit: http://frost.ly/3xt

"Japan continued to lead the market with a share of 37.0% in 2018,up from 36.8% in 2017. Greater China,with a 12.2% growth rate,was the second-largest market in Asia-Pacific," noted Pua. "The Indian market recorded a double-digit growth rate of 10.5% due to its stronger focus on web security than e-mail security. The ASEAN market with 5.7%,South Korea with 2.6%,and ANZ with 2.0% all continue to pursue opportunities in the web segment."

SCM service providers can tap greater revenue growth opportunities by:

Helping fulfill compliance requirements. Cybersecurity is rapidly becoming a key business enabler and strategic differentiator.

Moving SCM to the cloud to make the most of the demand for cloud-based Software-as-a-Service (SaaS) apps and e-mail.

Offering on-premise deployments for key sectors like government,critical infrastructure,and banking,financial services and insurance(BFSI).

Enabling enterprises to enhance their solution capabilities by integrating with new/advanced security technologies such as sandboxing.

Combining SCM with other technologies to enhance protection capabilities and performance efficiency.

Analysis of the Asia-Pacific Secure Content Management Market,Forecast to 2023is part of Frost & Sullivan's global CybersecurityGrowth Partnership Service program.

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Analysis of the Asia-Pacific Secure Content Management Market,Forecast to 2023

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