Network Security Market Size, Sales, CAGR And Competition Data from 2022 To 2031 | Leading Key Players: Cisco Systems, Solarwinds, IBM, Trend Micro, FireMon

Global Network Security Market report from Global Insight Services is the single authoritative source of intelligence on Network Security Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Network security is the practice of protecting networked systems, including the hardware and software that make up those systems, from unauthorized access or misuse.

In a world where more and more businesses and individuals are connected to the internet, and where sensitive information is often transmitted over networks, it's important to have strong security measures in place to protect against threats.

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Key Trends

There are four key trends in network security technology:

1. The increasing use of cloud-based security solutions.

2. The increasing use of artificial intelligence (AI) and machine learning for security purposes.

3. The increasing use of biometrics for authentication and authorization.

4. The increasing use of encryption for data protection.

Cloud-based security solutions are becoming increasingly popular due to their scalability and flexibility. AI and machine learning are being used more and more for security purposes such as intrusion detection and prevention, and malware analysis. Biometrics are being used more and more for authentication and authorization, as they provide a more secure way of verifying someone's identity. Encryption is being used more and more for data protection, as it ensures that data is only accessible to those who have the correct decryption key.

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Key Drivers

The key drivers of network security market are the increasing number of cyber-attacks, the rising number of connected devices, and the increasing adoption of Bring Your Own Device (BYOD) trend.

The increase in the number of connected devices will lead to an increase in the number of entry points for cyber-attacks. The BYOD trend is also contributing to the growth of the network security market. BYOD refers to the trend of employees using their own devices for work purposes. The BYOD trend is increasing the risk of data breaches, as employees devices may not be as secure as the organization's network.

Market Segments

The network security market report is bifurcated on the basis of component, deployment mode, organization size, end-user, and region. On the basis of component, it is segmented into solution and services. Based on deployment mode, it is analyzed across on-premises and cloud. By organization size, it is categorized into large enterprise, and small & medium enterprise. By end-user, it is divided into aerospace & defense, government, manufacturing, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

Key Market Players

The network security market report includes players such as Cisco Systems, Solarwinds, IBM, Trend Micro, FireMon, Symantec, FireEye, GFI Software, Avast Software, and Juniper Networks.

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