NordLayer’s competitors in this market include some enterprises, such as Cisco, Google, Juniper Networks, and Microsoft as well as more focused competitors, such as OpenVPN, CyberGhost, Express VPN, and Pango. Moreover, key market players include enterprises, such as Cisco, IBM, Juniper Networks, Trend Micro, Symantec, and Solarwinds.Īllied Market Research estimated the more narrow global VPN market to be valued at $25.41 billion in 2019, with a CAGR of 14.7%, and Research and Markets estimated a CAGR of 15.3% in 2020. The network security market includes various solutions: such as, firewalls antivirus software network access control (NAC) intrusion detection systems (IDS) and intrusion prevention systems (IPS) unified threat management (UTM) and the mitigation of distributed denial-of-service (DDoS) attacks. Comparatively, Markets and Markets estimated an 11% growth rate in 2019, while Allied Market Research projected a CAGR of 16.7% in the same year. NordLayer competes in the secure access services edge (SASE) and virtual private network (VPN) niches of the broader network security market.įortune Business Insights estimates that the global value of the network security market reached $20.30 billion in 2021 and would grow to $53.11 billion by 2029 - a 13% compound annual growth rate (CAGR). NordLayer and the network security market NordLayer and the network security market.See below to learn all about NordLayer and where it stands in the network security sector: Review of NordLayer NordLayer provides corporations of all sizes with secure connections between their remote users and both their cloud and local resources.Īs a cloud-based solution, NordLayer delivers fully scalable resources that place limited additional burden on the IT team of an organization at predictable costs. The global trend toward remote work puts heavy strain on IT teams managing legacy VPN networks and trying to secure cloud resources. For more info, visit our Terms of Use page. This may influence how and where their products appear on our site, but vendors cannot pay to influence the content of our reviews. Editor’s note: We may be compensated by vendors that appear on this page through methods such as affiliate links or sponsored partnerships.
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