Network Security Software Market 2024-2028
The network security software market is forecasted to grow by USD 27.3 bn during 2023-2028, accelerating at a CAGR of 14.66% during the forecast period. The report on the network security software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising frequency and sophistication of cyberattacks, stringent data protection regulations, and growing adoption of cloud computing.
Technavio's network security software market is segmented as below:
- By Component
- Solution
- Service
- By Deployment
- Cloud
- On-premises
- By Geographical Landscape
- North America
- APAC
- Europe
- Middle East and Africa
- South America
This study identifies the introduction of zero-trust security architecture as one of the prime reasons driving the network security software market growth during the next few years. Also, integration of network security software with AI and ML and growing adoption of SDN security will lead to sizable demand in the market.
The report on the network security software market covers the following areas:
- Network security software market sizing
- Network security software market forecast
- Network security software market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading network security software market vendors that include AO Kaspersky Lab, AT and T Inc., Avast Software sro, Broadcom Inc., Check Point Software Technologies Ltd., Cisco Systems Inc., FireMon LLC, Fortinet Inc., GFI USA Inc., International Business Machines Corp., Juniper Networks Inc., McAfee LLC, Musarubra US LLC, Open Text Corp., Palo Alto Networks Inc., Qualys Inc., SOFTWIN SRL, SolarWinds Corp., Trend Micro Inc., and WatchGuard Technologies Inc.. Also, the network security software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.