According to the new research report titled “Unidirectional Network Market Forecast to 2027 –COVID-19 Impact and Global Analysis,” published by The Insight Partners, the market is expected to reach US$ 807.4 million by 2027, registering a CAGR of 13.2% from 2020 to 2027.
Advancements in a unidirectional network or data diode solutions for preventing cybercrimes are expected to deliver new capabilities related to information flow in a more secure way. Using the next-generation one-way communication, the data diodes have become more vital and stronger than firewall and smarter than the traditional unidirectional networks. The next-generation unidirectional network exhibits intrusion detection &prevention systems, anti-virus protection, important proxy capabilities, and URL filtering. As mentioned earlier, the properties of the next-generation unidirectional network is attracting the attention of many diversified industries.
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For instance, DataFlowX is a next-generation, flexible, adaptable, and easy to deploy cross-domain security gateway solution. This product caters to the energy, military, and finance industry where chances of cybercrimes are more. The trend of next-generation capabilities is anticipated to contribute to the market growth.
Impact of COVID-19 Pandemic on Unidirectional Network Market
The COVID-19 virus outbreak has been affecting every business globally since December 2019. The tremendous spread of the virus has urged governments across the globe to impose strict restrictions on the movement of humans and vehicles. The lockdown imposition has resulted in lesser production of goods and commodities. The unidirectional network market players also experienced a slowdown in the volumes attributing to the fact that the semiconductor production units were operating with a limited workforce. This has had a negative impact on the market. The oil & gas, defense, aerospace, and manufacturing industries as well as critical infrastructure sector have been adversely affected due to COVID-19, and since the start of 2020, these industries have been reflecting declining trend. Though the complete impact of COVID-19 is still unidentified, the impact across the mentioned industries and their value chain would probably be far-reaching—and strongly affecting the deployment of unidirectional network
The market players focus on new product innovations and developments by integrating advanced technologies and features in their products to compete with the competitors.
- In 2020, Garland Technology LLC signed Hantac Technology Ltd as channel partner to expand in Taiwan
- In 2020, Waterfall Security Solutions Ltd partnered with Nozomi Networks Inc. to offer advance network security solution to building automation and manufacturing facilities, and critical industrial infrastructures worldwide
- In 2019, Advenica AB partnered with Nixu. The partnership would enable Nixu to provide solution for Advenica AB in Northern Europe.
Diverse Application Areas of Data Diodes
The data diodes help maintain physical & electrical separation of both destination and source networks while establishing a non-routable and closed one-way data transfer scenario between the networks. The data diodes can efficiently remove external entry points to a sending system to prevent intruder's malicious activities related to infiltrating a network. Power generation plants, gas pipelines, airports, and critical infrastructure are some of the applications of data diodes. Smart cars are another application of data diodes. Hospitals operate on digital technologies that can be manipulated. To counter such cybercrimes owing to increase in IoT based services and technologies, the adoption of data diodes in critical investment to ensure proper security will influence the market growth.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.