Partners Shouldn’t Sleep on NFV, SECaaS Growth

New research reports show growing opportunities in network functions virtualization (NFV) and Security as a service (SECaaS).

In its analysis of 10 NFV vendors, the team at IHS finds reason to pay attention to the strides many big names are making in this relatively new space.

For example, IHS calls Brocade a “strong contender” due to acquisitions and by creating a portfolio that includes OpenDaylight software distribution, virtual routers and other virtual network functions.

Others highlighted in the report include equipment giant Cisco for possessing many attributes that “the new world of NFV requires,” including existing customer relationships, the data-center IT experience, NFV orchestration and the sheer size to address the opportunities poised by this technology.{ad}

Dell is recognized for having a NFV hardware and software portfolio, along with partnerships with well-known NFV software suppliers. Hewlett-Packard Enterprise is recognized as one of the largest vendors to get on board early, with IHS citing HPE as having “all the ingredients to be a prime supplier for NFV projects.”

Ericsson, Blue Planet, Huawei, Juniper, NEC and Nokia are all recognized in the report as well.

Meantime, more research shows the growing opportunities in security as a service.

MarketsandMarkets says SECaaS will grow from $3.1 billion in 2015 to more than $8.5 billion in 2020. That’s a compound annual growth rate of 22 percent. This is largely due to the increasing bring-your-own device (BYOD) trend among businesses worldwide.

Security threats are getting more sophisticated, putting critical data at risk; therefore, MarketsandMarkets notes that businesses more frequently are deploying cloud-based security services to safeguard their networks, cloud and endpoints against potential cyberattacks. Beyond that, they are looking for someone to manage that security. Putting it in the cloud adds advanced security measures.

The SECaaS opportunity for partners could be biggest in health care. This vertical is the largest in the SECaaS market; hacking cases have increased significantly. Those coming to mind include the attack on AHMC Healthcare in Southern California, which resulted in the loss of nearly a half-million patient records; and the Hollywood (Calif.) Presbyterian Medical Center ransomware incident this week.

Look for North America to contribute the biggest share of SECaas over the next four years, due simply to the presence of a large number of vendors. Asia Pacific offers potential growth opportunities as countries in that region start to invest heavily in data-loss prevention, intrusion detection and endpoint security.

MarketsandMarkets names Symantec, McAfee, Cisco, Trend Micro, CipherCloud, ZScaler, Alert Logic, Radware and others as “major vendors.”

Follow senior online managing editor Craig Galbraith on Twitter.

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