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Global Network Security MarketThe network security solutions demand is anticipated to grow in response to grow in the range of malware attacks and the increasing trend of Bring Your Own Device (BYOD). As a result, this demand will contribute to the market's significant growth. Likewise, the global market is anticipated to be driven by factors such as recovery after threat detection and cumbersome administration. The rising popularity of Software as a Service (SaaS)-based network security solutions is seen as a major factor in the market's expansion.
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Because of the rising visualization of servers, which leads to the adoption of creative and new network security technologies, the global demand for network security is constantly growing. Furthermore, the increased use of network security solutions by medium- and small-sized companies around the world is projected to propel the overall market forward in the coming years. The market is expected to expand in response to the increasing demand for workforce mobility, which is expected to provide enhanced security solutions to protect PDAs, laptops, and smartphones from cyber-attacks and malware.
The government segment is anticipated to account for the highest revenue of the network security market in 2009. With the rise of mobility, the public sector around the world has begun to use mobile devices to increase staff productivity and the efficiency of government departments. The government vertical handles extremely sensitive and private information about the nation and its people. With the aid of advanced technology like mobile, social media, and cloud, this confidential information is easily accessible and used by the general public.
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Furthermore, the increased usage of technology has resulted in an increase in cyberattacks, robberies, and data theft through unauthorized access. The network security program aids in the protection of data and sensitive information while also lowering the possibility of unauthorized access. Since network security solutions are cost-effective, the government sector is gradually implementing them.
The major players of the global network security market are Symantec, McAfee, Aruba Networks, Sophos, Ruckus, Motorola Soltuions, Cisco Systems, Juniper Solutions, Fortinet, Brocade Communications Systems, Aerohive, Honeywell, ADT, and more.
Segment Overview of Global Network Security Market
Component Overview, 2018-2025 (USD Billion)
• Software
o Threat Emulation
o URL Filtering
o Antivirus
o Data Loss Prevention (DLP)
o Web Security
o Advanced Networking
o Others
• Solutions
o Identity Access Management (IAM)
o Risk & Compliance Management
o Data Recovery Solutions
o Unified Threat Management (UTM)
o Remote Access Solutions
o Others
End-User Overview, 2018-2025 (USD Billion)
• Government
• BFSI
• Healthcare
• Manufacturing
• IT & Telecom
• Media & Entertainment
• Energy & Utilities
• Others
Regional Overview, 2018-2025 (USD Billion)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Middle East and Africa
o UAE
o South Africa
o Rest of Middle East and Africa
• South America
o Brazil
o Rest of South America
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market's size, key trends, participants and future outlook of an industry. We intend to become our clients' knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code - Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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Release ID: 89007157
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