Global Network Security Market – Size, Outlook, Trends and Forecast (2024 – 2032)

Network security is defined as the policies and procedures to prevent unauthorised access and aim to target the prevention of network threats. Global network security market size was valued at $XX Billion in 2017 and is estimated to reach $XX billion by 2025 with the CAGR of XX% during 2019-2025. The key factors propelling the network security market growth are increasing use of mobile devices, rising usage of M2M communication in enterprises, rising popularity of software, chances to conduct forensic investigation, efficient and best way to remediate post-breach and necessary for a true understanding of a breach. Whereas, limited security solutions, the complexity of network infrastructure, high cost for implementing are hindering the market growth. Growth in regulatory compliance requirements, rising DDoS attacks, rising mergers and acquisitions among market players and growing demand for integrated security solution are the future drivers expected to enhance the market growth during the forecast period 2019 – 2025.

Research Study Objectives:

• Define, estimate, and forecast the network security market statistics by type, technology type, organisation size, end users and regions concerning the individual growth drivers, market trends and their contribution toward the network security market growth.
• Provides comprehensive information regarding the key factors influencing the market growth (drivers, restraints & challenges, and opportunities)
• Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
• Recent competitive developments including M&A (mergers and acquisitions), partnerships, and product innovations are provided in the network security market analysis report.
• Analysis and conclusions on the future network security market outlook.

Top-down and bottom-up approaches are used to validate the network security market size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The network security market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the network security market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.

The scope of the Report

The network security market segmentation is as follows:

By Type

• Appliances
  • Data Center
  • Virtualized Appliances
  • Dedicated Appliances
  • Others

By Technology Type

• Network Recorders
• Application Performance Monitoring and Application-Aware Network Performance Monitoring
• Traditional Network Security Forensics and Packet Capture
• Security Information and Event Management (SIEM)
• Continuous Forensics

By Organisation Size

• Small and Medium Enterprises
• Large Enterprises

By End Users

• BFSI
• Telecom & IT
• Education
• Healthcare
• Retail
• Others

Geographical Analysis:

Network security market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.

Customisation Options:

With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the network security market include:

• Scope Revision
• Geographic Analysis
• Company Profiles
• Historical Data & Forecasting
• Key Contact Persons in companies

Global Network Security Market Research Report Includes:

• An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
• To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
• Regional and global diversity is analysed with the major countries and the unions. Scrutinising the revenue generation on Year-On-Year
• Identifying DROC in the current market and their impact on altering market dynamics.
• Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
• Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
• Identify the latest developments, market shares and strategies that are employed by the significant network security, such as
  • Fortinet, Inc.
  • IBM Corporation
  • Nokia Corporation
  • Symantec Corporation
  • NFR Security, Inc.

Along with these companies, many other companies are considered in the report while analysing the global network security market competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.