Network Security Market Overview
Network Security market size was worth USD 22.7 Billion in 2022, witnessing a CAGR of 12.8% during the forecast period (2022-2030), and the market is expected to hit a valuation of around USD 59.5 Billion by 2030.
Network security is a broad notion that includes many different types of technology, equipment, and procedures. In a word, it is a system of rules and settings that employ both software and hardware to ensure the integrity, confidentiality, and accessibility of computer networks and data. Every business, regardless of size, industry, or design, requires network security solutions to protect itself from the ever-changing landscape of cyber threats that exist today.
Report Attributes | Report Details |
Study Timeline | 2018-2030 |
Market Size in 2030 (USD Billion) | 59.5 Billion |
CAGR (2022-2030) | 12.8 % |
By Deployment | Cloud and On-Premise |
By Type | Firewalls, Antivirus and anti-malware software, VPN, Wireless security, and others |
By Enterprise Size | Small & Medium-Sized Enterprises and Large Enterprise |
By Industry | BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, and Others |
By Geography | Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia] Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland] North America [United States, Canada, Mexico] Middle East & Africa [GCC, North Africa, South Africa] South America [Brazil, Argentina, Columbia, Chile, Peru] |
Key Players | Cisco Systems, Solarwinds, IBM, Trend Micro, FireMon, Symantec, FireEye, GFI Software, Avast Software, Juniper Networks |
Request Free Sample
We have conducted a 360-degree analysis of the Network Security market. Approaches for both primary and secondary research. As a result, we were better able to comprehend current market dynamics, the supply-demand imbalance, pricing trends, product preferences, customer behaviours, and other factors. Primary research was used to further validate the findings with industry professionals and opinion leaders from other nations. Through a variety of market estimation and data validation procedures, the data is further collated and validated. Additionally, we have a model for internally generated data that forecasts market growth until 2030.
Network Security Market Segmentation Analysis:-
By Deployment:
• Cloud
• On-premises
By Type:
• Firewalls
• Antivirus and anti-malware software
• VPN
• Wireless security
• Others (Data loss prevention, Intrusion prevention systems, and others.)
By Enterprise Size:
• Small and Medium-Sized Enterprises (SMEs)
• Large Enterprises
By Industry:
• BFSI
• IT and Telecommunications
• Retail
• Healthcare
• Government
• Manufacturing
• Travel and Transportation
• Energy and Utilities
• Others (Education, and others.)
Global Network Security Market Competitive Landscape:
The market research report on the Network Security market comprises the compilation of quantitative and qualitative evaluations of the industry position. Additionally, the in-detailed analysis of the market trends adopted by the industry players and the macroeconomic indicators influencing the value chain of businesses provide a complete outlook of market circumstances. Thus, mentioned are the major industry players that make up the consolidated market concentrationâ€\"
• Cisco Systems
• Solarwinds, IBM
• Trend Micro
• FireMon
• Symantec
• FireEye
• GFI Software
• Avast Software
• Juniper Networks
With strategic analysis, micro and macro market trend and scenarios, pricing analysis, and an all-encompassing picture of the market conditions in the projected period, the Network Security Market Research Report keeps a close eye on the leading competitors. It is an expertly written, in-depth study that emphasises key and secondary drivers, market share, top categories, and regional analysis. The paper also examines prominent actors, significant partnerships, mergers, and acquisitions, as well as popular innovations and business practises.
Overview of the market for Network Security by region:
The market is divided into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa based on region (MEA). The North American continent is further divided into nations like the United States and Canada. Europe is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. China, Japan, South Korea, India, Australia, South East Asia, and the rest of Asia Pacific make up the subregion of Asia Pacific. The MEA region is further separated into GCC, Turkey, South Africa, and Rest of MEA. The Latin America region is further divided into Brazil, Mexico, and Rest of Latin America.