Market Overview:
The global network security market is expected to grow from USD XX million in 2018 to USD XX million by 2030, at a CAGR of X.X%. The growth of the market can be attributed to the increasing number of cyber-attacks and data breaches. The global network security market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into software product and hardware product. The software product segment is expected to grow at a higher CAGR during the forecast period owing to its ability to protect systems from cyber-attacks. By application, the bank sector accounted for a major share of the network security market in 2017 and this trend is expected continue duringthe forecast period as well. This can be attributedto th e increasing adoptionof digital banking services by consumers across different geographiesand rising instances offraudulent activitiesin this sector .S.), Cisco Systems Inc.(U .S.), Fortinet Inc.(U .S.), Check Point Software Technologies Ltd.(Israel), Palo Alto Networks Inc.(U .S.), IBM Corporation (U . S.
Product Definition:
Network security is the process of protecting your computer networks from unauthorized access and misuse.
Networks can be used by cybercriminals to launch attacks against other organizations, or to steal sensitive data. Network security helps protect your network from these threats by using a variety of methods, including firewalls, antivirus software, and encryption.
Software product:
Software product is a tangible or intangible object, which is used to provide a solution to a problem. It can be in the form of computer software, hardware or any combination of both. Software products are classified into two types: SaaS (Software as a Service) and PaaS (Platform as a service).
Hardware product:
Hardware product and it's usage in Network Security market? Hardware product and it's usage in network security solutions are the devices or systems which are used to secure a network. It includes firewalls, Intrusion detection/Intrusion prevention system (IDS/IPS), Virtual private network (VPN), content switch, Unified threat management (UTM) server, Data loss prevention (DLP), Access control list(ACL) file downloader software.
Application Insights:
The network security solutions market is segmented by application into Bank, Government, Enterprise and Others. The Bank application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing data breaches that have resulted in monetary losses for banks worldwide. Furthermore, a growing number of cyber-attacks on financial institutions has increased their spending on network security products and services.
The government application segment was valued at USD 1.5 billion in 2017 owing to an increase in demand from governments across the world for ensuring secure digital transactions as well as protecting critical infrastructure & systems (CIS). Moreover, a rise in demand for robust cybersecurity legislation has also driven this growth over recent years.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing cyber-attacks and IT infrastructure vulnerability, growing government regulations for data protection, and rising adoption of cloud services. Moreover, presence of major technology players such as Cisco Systems; Hewlett Packard Enterprise; Symantec Corporation.; FireEye Inc.; Trend Micro Inc.; and CA Technologies is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing number of security breaches in various sectors such as healthcare, banking & financial services (BFS), telecom sector resulting from increased usage/abuse of internet/mobile phones, laptops/desktops etc., Furthermore, governments are taking initiatives towards implementation or upgrading existing network security systems by way of policy & regulatory reforms which will further boost regional demand during the forecast years.
Growth Factors:
- Increasing adoption of cloud-based services and BYOD policies in organizations
- Proliferation of sophisticated cyber-attacks and data breaches
- Stringent government regulations and compliance mandates for network security
- Growing demand for managed security services and consulting solutions
- Emergence of new technologies such as big data, IoT, and mobile computing
Scope Of The Report
Report Attributes
Report Details
Report Title
Network Security Market Research Report
By Type
Software product, Hardware product
By Application
Bank, Government, Enterprise, Other
By Companies
Cisco, IBM, GarrettCom, Siemens, CyberArk, Symantec, Honeywell, Cybercon, MAVERICK, Check Point, Waterfall, Parsons, Wurldtech, Weinute Technology, TOFINO, HUACON, NSFOCUS
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Network Security Market Report Segments:
The global Network Security market is segmented on the basis of:
Types
Software product, Hardware product
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Bank, Government, Enterprise, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cisco
- IBM
- GarrettCom
- Siemens
- CyberArk
- Symantec
- Honeywell
- Cybercon
- MAVERICK
- Check Point
- Waterfall
- Parsons
- Wurldtech
- Weinute Technology
- TOFINO
- HUACON
- NSFOCUS
Highlights of The Network Security Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software product
- Hardware product
- By Application:
- Bank
- Government
- Enterprise
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Network Security Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Network security is the practice of protecting computer networks and systems from unauthorized access, use, or disclosure. It includes measures to protect data and information from being accessed by unintended users or compromised by malicious actors. Network security also includes defending against attacks that could disrupt or damage the network infrastructure itself.
Some of the major players in the network security market are Cisco, IBM, GarrettCom, Siemens, CyberArk, Symantec, Honeywell, Cybercon, MAVERICK, Check Point, Waterfall, Parsons, Wurldtech, Weinute Technology, TOFINO, HUACON, NSFOCUS.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Network Security Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Network Security Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Network Security Market - Supply Chain
4.5. Global Network Security Market Forecast
4.5.1. Network Security Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Network Security Market Size (000 Units) and Y-o-Y Growth
4.5.3. Network Security Market Absolute $ Opportunity
5. Global Network Security Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Network Security Market Size and Volume Forecast by Type
5.3.1. Software product
5.3.2. Hardware product
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Network Security Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Network Security Market Size and Volume Forecast by Application
6.3.1. Bank
6.3.2. Government
6.3.3. Enterprise
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Network Security Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Network Security Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Network Security Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Network Security Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Network Security Demand Share Forecast, 2019-2029
9. North America Network Security Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Network Security Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Network Security Market Size and Volume Forecast by Application
9.4.1. Bank
9.4.2. Government
9.4.3. Enterprise
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Network Security Market Size and Volume Forecast by Type
9.7.1. Software product
9.7.2. Hardware product
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Network Security Demand Share Forecast, 2019-2029
10. Latin America Network Security Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Network Security Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Network Security Market Size and Volume Forecast by Application
10.4.1. Bank
10.4.2. Government
10.4.3. Enterprise
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Network Security Market Size and Volume Forecast by Type
10.7.1. Software product
10.7.2. Hardware product
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Network Security Demand Share Forecast, 2019-2029
11. Europe Network Security Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Network Security Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Network Security Market Size and Volume Forecast by Application
11.4.1. Bank
11.4.2. Government
11.4.3. Enterprise
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Network Security Market Size and Volume Forecast by Type
11.7.1. Software product
11.7.2. Hardware product
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1110. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Network Security Demand Share, 2019-2029
12. Asia Pacific Network Security Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Network Security Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Network Security Market Size and Volume Forecast by Application
12.4.1. Bank
12.4.2. Government
12.4.3. Enterprise
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Network Security Market Size and Volume Forecast by Type
12.7.1. Software product
12.7.2. Hardware product
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Network Security Demand Share, 2019-2029
13. Middle East & Africa Network Security Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Network Security Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Network Security Market Size and Volume Forecast by Application
13.4.1. Bank
13.4.2. Government
13.4.3. Enterprise
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Network Security Market Size and Volume Forecast by Type
13.7.1. Software product
13.7.2. Hardware product
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Network Security Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Network Security Market: Market Share Analysis
14.2. Network Security Distributors and Customers
14.3. Network Security Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cisco
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IBM
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GarrettCom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Siemens
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CyberArk
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Symantec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Honeywell
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cybercon
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. MAVERICK
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Check Point
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Waterfall
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Parsons
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wurldtech
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Weinute Technology
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TOFINO
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. HUACON
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. NSFOCUS
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
