Positioning Palo Alto Networks in the Network Security Space
Palo Alto: a leader
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Network and end-point security
Palo Alto Networks operates in the end-point security as well as network security. According to IDC, network and end-point security, which were $13.5-billion and $4.7-billion markets in 2016, are expected to grow at a CAGR (compound annual growth rate) of 7% to become a combined market worth $22.1 billion by 2019.
FireEye claims that a great cybersecurity company is great at network security as well as with end-point solutions. Given PANW’s disruptive influence in the network security space, FireEye will likely have to ramp up its initiatives to march ahead.
Notably, investors interested in the cybersecurity space can gain exposure to this sector by investing in the PureFunds ISE Cyber Security ETF (HACK). HACK has a portfolio of 32 stocks and invests ~5% in each of its holdings in Palo Alto Networks, Cisco, and FireEye.