Network Security - Worldwide
Worldwide- Revenue in the Network Security market is projected to reach US$24.96bn in 2024.
- Revenue is expected to show an annual growth rate (CAGR 2024-2029) of 10.30%, resulting in a market volume of US$40.75bn by 2029.
- The average Spend per Employee in the Network Security market is projected to reach US$7.01 in 2024.
- In global comparison, most revenue will be generated United States (US$10.8bn in 2024).
- Key regions:
- United States,
- Germany,
- Saudi Arabia,
- Brazil,
- Chile
Definition :
The Network Security market refers to the market for a set of technologies, procedures, and policies that protect networks and data (as it travels into, out of, and across the network) from unauthorized access, cyber breaches, data sabotage, theft, and improper disclosure.
The main goal of network security is to guarantee the confidentiality, integrity, and accessibility of data and assets on devices. To achieve this, organizations need to collaborate, employing a range of security technologies to create an effective defense strategy that helps them protect their sensitive data, sustain business operations, and respond speedily to threats.
Additional information:
The Network Security market comprises revenues, revenue change, and average spend per employee. Market values represent revenues that are generated by primary vendors, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C), business spending (B2B), and government spending (B2G). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include VMware, Trend Micro, and Cloudflare.
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In-Scope
- Network firewalls, such as Palo Alto Networks Next-Generation Firewalls, Check Point Firewall, and Juniper Networks SRX Series Firewalls
- Intrusion detection and prevention systems, such as AlienVault (AT&T Cybersecurity), McAfee Network Security Platform, and FireEye Network Security
- Virtual private networks (VPNs) protection, such as NordVPN and ProtonVPN
Out-Of-Scope
- Infrastructure protection, such as Raytheon Intelligence & Space, Northrop Grumman Corporation, and Splunk
- Secure gateway, such as Zscaler, Akamai Enterprise Threat Protector, and Sophos Secure Web Gateway
