Press release
Network Security Market 2022 Industry Overview, Top Key Players Profile and Forecast to 2030 | FireMon, Symantec, FireEye, GFI Software, Avast Software
The Network Security Market research report provides insight into the market scenario based on market size, volume, and the compound annual growth rate (CAGR) of the market during the forecast period of 2022-2030. The research serves as a manual and road map for doing an exhaustive investigation of the worldwide industry, target market, rivalry, and other factors. The Network Security Market offers a quantitative analysis of the relevant industry. Quantitative research is data-driven and looks for pertinent patterns in data acquired from public records.Key Companies Covered in the Network Security Market Research are Cisco Systems, Solarwinds, IBM, Trend Micro, FireMon, Symantec, FireEye, GFI Software, Avast Software, and Juniper Networks. and other key market players.
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In terms of operations, every sector has been focusing on analytics to predict their future trend and growth perspective. For this purpose, large amount of data have been stored either on local storage or third party cloud systems, this has increased the overall risk of cyberattacks, creating a strong portfolio for network security market. Network Security protects user network and data from breaches, intrusions and other threats. Network Security involves access control, virus and antivirus software, application security, network analytics, types of network-related security (endpoint, web, and wireless), firewalls, VPN encryption and more.
Globally, smartphone penetration has reached a spike and is estimated to alleviate, thereby achieving a twofold growth during the forecast period. With the advancement in the network technology right from integration of optical fiber and high-end wireless connectivity, has led to easy availability of internet to the normal users. This dual combination of smartphone and internet has surged the demand for e-commerce, creating a market value of $1 trillion, thereby creating a lucrative opportunity for the overall market growth during the forecast period.
Factors such as huge focus on data safety and privacy, have emerged as one of the striking factors driving the market growth. Furthermore, rise in incidences of cybercrimes coupled with huge loss has also mandated the need for effective network security solutions. However, the huge setup cost and high level of expertise required within the operations is mainly creating a staggering effect on the market. Growth of digitalization in a global manner and rapid increase in the number of cyber-attacks within the pandemic period has boosted the market growth.
The network security market is mainly segmented on the basis of component, solution, services, deployment, organization size, industry vertical and region. Based on component, the market is segmented into solution and services. Based on solution the market is segmented into Firewall, Antivirus/Antimalware, Network Access Control (NAC), Data Loss Prevention, IDS/IPS, Secure Web Gateways, DDoS Mitigation, Unified Threat Management and Others, while on the basis of services the market is segmented into professional and managed services.
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Based on deployment, the market is segmented into on premise and cloud, while on the basis of organization size the market is segmented into small and medium enterprise and large enterprise. Based on industry vertical, the market is segmented into aerospace and defense, government, banking, financial services, and insurance (BFSI), information technology (IT) and telecommunication, healthcare, retail, manufacturing, energy and utilities and others. By region, the market is studied across North America, Europe, Asia-Pacific and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the network security market along with current trends and future estimations to elucidate imminent investment pockets.
- Information about key drivers, restraints, and opportunities and their impact analysis on the market size is provided in the report.
- Porter's five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of network security market for the period 2020-2027 is provided to determine the market potential.
KEY MARKET SEGMENTS
By Component
- Solution
- Services
By Deployment
- On-premise
- Cloud
By Solution
- Firewall
- Antivirus/Antimalware
- Network Access Control (NAC)
- Data Loss Prevention
- IDS/IPS
- Secure Web Gateways
- DDoS Mitigation
- Unified Threat Management
- Others
By Service
- Professional Services
- Managed Services
By Organization Size
- Large Enterprise
- Small and Medium Enterprise
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By Industry Vertical
- Aerospace and Defense
- Government
- Banking, Financial Services, And Insurance (BFSI)
- Information Technology (IT) and Telecommunication
- Healthcare
- Retail
- Manufacturing
- Energy and Utilities
- Others
BY REGION
- North America
o U.S.
o Canada
- Europe
o UK
o Germany
o France
o Spain
o Italy
o Rest of Europe
- Asia-Pacific
o China
o India
o Japan
o India
o Australia
o South Korea
o Rest of Asia-Pacific
- LAMEA
o Latin America
o Middle East
o Africa
Key Questions Answered in the Market Report
Which Manufacturing Technology is used for Market? What Developments Are Going on in That Technology?
Which Trends Are Causing These Developments? Who Are the Global Key Players in This Market?
What are Their Company Profile, Their Product Information, and Contact Information?
What Was Global Status of Market? What Was Capacity, Production Value, Cost and PROFIT of Market?
What Is Current Market Status of market Industry? What's Market Competition in This Industry, Both Company, and Country Wise?
What's Market Analysis of Market by Taking Applications and Types in Consideration?
What Are Projections of Global Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit?
What Will Be Market Share Report, Supply and Consumption? What about Import and Export?
What Is Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
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