Network Security Market to Grow at an Impressive Rate through 2026
Expansion of e-retail sector
and need for data protection is expected to drive the demand for global network
security market in the forecast period.
According to TechSci Research report, “Global Network
Security Market By Type (Firewalls, Antivirus & Antimalware Software,
Intrusion Prevention System, VPN, Wireless Security, Others) By Enterprise Size
(SMEs v/s Large Enterprises) By Deployment (Cloud v/s On Premise) By Industry
(BFSI, IT & Telecom, Retail, Healthcare, Government, Manufacturing, Others)
By Company, By Region, Forecast & Opportunities, 2026”, global network
security market is expected to witness significant growth for the next five
years owing to the rising connected world which continuously requires data
security and services from remote locations. Companies are launching multiple
hosting services to accommodate large workplace which is expected to increase
the risk of data security. Network security is essential to monitor the network
and host at every connection level. Protected network reduces the risk of data
theft and cyber-attacks. Organizations are encouraging employees to bring their
own devices which is aiding in reduction of the operational costs of the organization.
Hackers can access any of the employee’s device to get the confidential data of
organization thereby creating the need for implement network security at
workplaces.
However, low budget allocation by organizations for
network security may create hindrance in the global network security market
growth.
Browse XX Figures spread
through XX Pages and an in-depth TOC on "Global Network Security Market”
https://www.techsciresearch.com/report/network-security-market/7429.html
Global
network security market is segmented into type, enterprise size, deployment,
industry, region, and company. Based on type, the market is further divided
into firewalls, antivirus & antimalware software, intrusion prevention system,
VPN, wireless security, and others. Firewall segment is expected to dominate
the market during the forecast period, 2022-2026. Firewall aids in monitoring
and controlling the flow of files consisting of both incoming and outgoing to
authentic source, IP address and ports and protocols. It acts as a barrier and
prevents unauthorized access to data and provides security to the system.
Advancements in network security software is boosting the need for global
network security market. Adoption of data loss prevention software to prevent
unauthorized sharing or downloading of files over internet is increasing as
majority of organizations are connected via internet services for data
transmission and communication purpose. Based on enterprise size, the market is
bifurcated into SMEs and large enterprises. Large enterprises segment is
expected to hold major market share during the forecast period. Organization policies
such as bringing own device is fostering the high demand for market of network
security. Large enterprises are allocating more budget for ensuring the
security of their networks. Rising awareness regarding the threats of
cyber-attacks and security is creating lucrative opportunities for the network
security market growth. Based on deployment, the market is divided into cloud and
on premise technology. Cloud segment is expected to dominate the market for the
next five years due to the adoption of latest technologies such as artificial
intelligence, machine learning and others which requires integration of cloud
technology. Cloud technology aids in real time configuration and provides large
storage spaces and is scalable and reliable in nature. Based on industry, the market
is categorized into BFSI, IT & telecom, retail, healthcare, government, manufacturing,
and others. BFSI segment is anticipated to play a significant role during the
forecast period due to the presence of secure and confidential data and
personal information of its shareholders. Increasing demand for net-banking and
online banking solutions to provide convenience to consumers is increasing the incidences
of data threats and cyber-attacks. To safeguard the information, BFSI segment
is investing to avail network security services across the globe.
Cisco
Systems, Inc., Check Point Software Technologies Ltd., FireEye Inc., Juniper
Networks, Inc., McAfee, LLC, Palo Alto Networks, Inc., Watchguard Technologies,
Inc., Fortinet, Inc., AT&T, Inc., Siemens AG are the leading players
operating in the global network security market. Manufacturers are increasingly
focusing on research and development processes to fuel higher growth in the
market. To meet evolving customer demand with respect to better efficiency and
durability, several network security manufacturers are coming up with their
technologically advanced offerings.
Download Sample Report @
https://www.techsciresearch.com/sample-report.aspx?cid=7429
Customers can also
request for 10% free customization on this report.
“Roll-out
of 5G technology is expected to improve the network services with helping
devices to operate at high speed, proper bandwidth utilization and making them
more reliable in nature. Adoption of emerging technologies such as artificial
intelligence, machine learning, and industrial IoT is expected to boost the
network security market. Integration of technologies with 5G technology is
anticipated to bring more threats to networks around the globe. Confidential
data of industries and consumers is present across various layers of network
infrastructure which is expected to propel the market growth until 2026” said Mr.
Karan Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global
Network Security Market By Type (Firewalls, Antivirus & Antimalware Software,
Intrusion Prevention System, VPN, Wireless Security, Others) By Enterprise Size
(SMEs v/s Large Enterprises) By Deployment (Cloud v/s On Premise) By Industry
(BFSI, IT & Telecom, Retail, Healthcare, Government, Manufacturing, Others)
By Company, By Region, Forecast & Opportunities, 2026” has
evaluated the future growth potential of global network security market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global network security
market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Web:
https://www.techsciresearch.com/