Network Security Market Segmented by Application and Geography Trends, Business Trend, Size, Growth and Forecast To 2027


Network Security Market was valued at US$ 24.8 Bn. in 2020 and is expected to reach US$ 54.8 Bn. by 2027, at a CAGR of 12% during a forecast period.

image_2022_11_25T10_19_40_322Z-11

Network Security Market Overview:

To find the overall size of the Network Security market by nations and segments, the research conducted a micro level investigation of each country. The local and global markets' sizes are estimated using a bottom-up methodology. By conducting a micro-level analysis of each nation, it is possible to determine how much the unorganised market contributes to the size of the larger market. The Network Security market dictates the thorough analysis carried out by the company organisation to comprehend the Network Security market's drivers, restraints, and opportunities. Interviews with significant local businesspeople follow, and the results are then verified. For secondary research and analysis, both paid and unpaid data bases are utilized. The provision and consumption information for each player is gathered from public databases, private databases, and, in the case of publicly listed enterprises, the earnings data of the company. If financial documents from businesses are not made available to the public, they may be requested through the local government's budget division.

Speak with our research analyst: https://www.maximizemarketresearch.com/request-sample/92514    

Network Security Market Dynamics:

Growth to be Fueled by Increased Cyberattacks and Security Breaches: Since there have been more cyberattacks and security breaches, most small and large businesses have had to defend their networks. As a result, the network security market is anticipated to grow. Between 2005 and 2020, there were 11,762 serious security breaches, according to the Identity Theft Resource Center. Additionally, it is anticipated that the pandemic will increase acceptance of work-from-home arrangements and the quickly expanding trend of businesses adopting Bring Your Own Device (BYOD) policies, which will boost demand for network security solutions globally.

Network Security Market Segmentation:

In 2020, the large enterprise segment had the largest share according to Organization size. An attempt to gain unauthorised access to a company's network in order to steal data or carry out other destructive actions is known as a network attack. The majority of businesses are finding it difficult to keep up with the rising number of threats that can infect their email, as over 350,000 new viruses were created in 2018. Cybercriminals use ransomware, malware, and phishing to steal sensitive data or information. Hackers who want to profit from private data also target SME's. SMEs experience significant financial losses as a result. To stop data loss and information theft, the majority of businesses are implementing network security solutions, which is expected to expand the market globally.

Network Security Market Key players:

  • IBM
  • Trend Micro
  • FireMon
  • Symantec
  • FireEye
  • GFI Software
  • Avast Software
  • WatchGuard
  • Bitdefender
  • Webroot
  • AT&T
  • Qualys
  • Juniper Networks
  • Hewlett Packard Enterprise Co.
  • Honeywell International Inc.
  • NortonLifeLock Inc.
  • Siemens
  • CyberGuard

Request for free broacher: https://www.maximizemarketresearch.com/request-sample/92514   

Network Security Market Research methodology:

To calculate and validate the size of the Network Security market, top-down and bottom-up approaches are utilised. Players rigorously abide by numerous industry classification criteria in order to create an exhaustive list of functioning and important players. A thorough validation test is also carried out to determine which businesses on the market are the most pertinent for the investigation. Subscription databases like Factiva, Bloomberg, and others are used to order priority lists according to the revenue from the most recent quarter. Last but not least, the questionnaire was designed and specifically developed to meet all criteria for collection of primary data by appointment only, focusing on the main target categories.  This helps us collect data on player earnings, operating expenses, profit, and the development of various goods and services, among other things. The World Bank, associations, business websites, SEC filings, OTC BB, USPTO, EPO, annual reports, press releases, and close to 70–80% of the data are acquired from primary sources before being confirmed by a range of secondary sources.

Network Security Market Regional Analysis:

North America, Europe, Asia Pacific, the Middle East and Africa (MEA), and South America are the five major geographic regions of the Network Security market.

Key Features of the Reports:

  • Thorough analysis of the Network Security market.
  • Regional market drivers, restraints, opportunities, and challenges.
  • Detailed justifications for market share and segmentation.
  • Modern market developments and trends.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact Us:

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT Park Phase 2,

Pune Banglore Highway,

Narhe, Pune, Maharashtra 411041, India.

Email: sales@maximizemarketresearch.com

Phone No.: +91 9607365656

Website: www.maximizemarketresearch.com

About MAXIMIZE MARKET RESEARCH PVT. LTD.

Maximize Market Research provides B2B and B2C research on 12,500 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Bever

Contact Information

MAXIMIZE MARKET RESEARCH PVT. LTD.

3rd Floor, Navale IT park Phase 2, Pune Banglore Highway, Narhe, Pune, Maharashtra

411041
India
Phone : +91 9607365656
View website

Published in

Technology , Security

Published on

Nov 25, 2022

Social Links

PRnob Facebook Page Twitter page of PRnob.com LinkedIn page of PRnob.com