Defending Digital Assets: Trends and Strategies in Network Security 2023-2030

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The global internet users are more than 4.9 billion people, producing a vast digital landscape open to cyber threats.

Anticipated Growth in Revenue:

The  Network Security Market   size was valued at USD 23.92 Billion in 2023 and the total Network Security Market revenue is expected to grow at 12.4% from 2024 to 2030, reaching nearly USD 54.22 Billion.

Network Security Market Overview

The objective of this research is to conduct a comprehensive examination of the Network Security market, delving into its components, applications, industries, and geographical aspects. It aims to furnish detailed insights into the key drivers shaping the growth trajectory of the Network Security sector. Additionally, the study endeavors to offer a meticulous scrutiny of the market's value chain.

Network Security Market Scope and Methodology:

The methodology employed to evaluate and predict the trajectory of the Network Security market commences with the collection of revenue data from prominent suppliers through secondary research channels. In delineating market segmentation, vendor offerings are duly taken into account. Employing the bottom-up approach, the revenue streams of leading corporations were leveraged to gauge the overall magnitude of the Network Security market.

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Function Type segment with the quickest growth :

The market is divided into four segments based on the function: location-based services, telematics and navigation, surveying, mapping, and mapping. By 2029, the mapping function sector is anticipated to command the highest market shares. The application of mapping technology in fields including infrastructure, transportation, agriculture, forestry, defense security, and environment has been expanding quickly. Developing nations like China and India are funding initiatives like smart cities and urban planning, which supports the growth of the Network Security market. LIDAR images and aircraft technology are also being used to map and gather data. Combining maps and other geographical data requires the use of Network Security software, which offers features and tools for storing, retrieving, managing, displaying, and analyzing many kinds of geographic and spatial data.

Network Security Market Segmentation: The Art of Unveilingby Module
 

by Component

Solution
Firewall
Antivirus/Antimalware
Network Access Control (NAC)
Data Loss Prevention
Others(IDS/IPS, DDoS Mitigation, Secure Web Gateways)
Services
Professional Services
Managed Services


by Deployment

On-premise
Cloud


by Organization Size

Large Enterprise
Small and Medium Enterprise


by Industry Vertical

Aerospace and Defense
Government
Banking, Financial Services, And Insurance (BFSI)
Information Technology (IT) and Telecommunication
Healthcare
Others(Retail, Manufacturing, Energy and Utilities )

Network Security Market Key Players :

1. Microsoft Corporation (Redmond, Washington)
2. NortonLifeLock Inc. (Symantec Corporation) (Tempe, Arizona, United States)
3. Aerohive Networks (Milpitas, California, United States)
4. Motorola Solutions, Inc.(Chicago, Illinois, United State)
5. Cisco Systems Inc.(San Jose, California, United States)
6. Fortinet (California, United States)
7. Aruba Networks (Hewlett Packard Enterprise Development LP) (Santa Clara, California, United States)
8. Ruckus Networks (Acquired by CommScope) (Sunnyvale, California)
9. Honeywell International Inc.(North Carolina, United States)
10. McAfee Corp. (San Jose, California)
11. ADT Inc. (Boca Raton, Florida)
12. Palo Alto Networks (Santa Clara, California)
13. CrowdStrike (United States)
14. IBM Corporation (Armonk, New York)
15. Rapid7 (Boston, Massachusetts)
16. Broadcom (California, United States)
17. VMware (California, United States)
18. Trellix (California, United States)
19. Proofpoint(Sunnyvale, California, United States)
20. Akamai Technologies (Cambridge, Massachusetts, United States)
21. Sophos Limited (Abingdon, United Kingdom)
22. Check Point (Tel Aviv, Israel)
23. Trend Micro (Tokyo, Japan)

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Network Security  Market Regional Insights

The report's regional analysis offers a deep dive into the Network Security market across various countries, scrutinizing key factors like political climates, geographical nuances, and consumer purchasing patterns. These variables wield considerable influence over the Network Security market dynamics, and the report meticulously elucidates their effects. Furthermore, comprehensive data on market dimensions, growth trajectories, and import-export activities across all regions are incorporated within the report.

Key Questions answered in the Network Security Market Report are:
 

Which segment held the largest Network Security market share?Which segment is expected to grow at a high CAGR during the forecast period?Who are the key players in the Network Security industry?Which Network Security market segment is expected to grow rapidly during the forecast period?What is the expected Network Security market size?What are the primary factors driving the growth of the Network Security market?Which region has the largest Network Security market share?What is the expected CAGR of the Network Security market during the forecast period?

Key Offerings:

Past Market Size and Competitive LandscapeHistorical Pricing and price curve by regionMarket Size, Share, and Forecast by different segments | 2023−2029Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by regionMarket Segmentation – Detailed analysis by segments with their sub-segments and regionCompetitive Landscape – Profiles of selected key players by region from a strategic perspectiveCompetitive landscape – Market Leaders, Market Followers, Regional playersCompetitive benchmarking of key players by regionPESTLE AnalysisPORTER’s AnalysisValue chain and Supply chain analysisLegal Aspects of business by regionLucrative business opportunities with SWOT analysisRecommendations

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