The global network security market size reached US$ 35.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 125.8 Billion by 2032, exhibiting a growth rate (CAGR) of 14.9% during 2024-2032. More Info:- https://www.imarcgroup.com/network-security-market

1. Global Network
Security Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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strategy and market research worldwide. We partner with clients in all regions and industry
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organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Network Security
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global network security market size reached US$
35.4 Billion in 2023.
Network security is a set of processes and technologies intended to protect
computer systems, devices, and their data from unauthorized access, theft,
damage, or misuse, and is considered an essential component of modern
technology. Data integrity and access to authorized individuals or devices are
ensured by network security, which prevents sensitive information from being
accessed by anyone but authorized users. It operates in three major steps:
authentication, authorization, and encryption, where data is converted into an
unreadable format.
Network security also provides firewall and malware protection that monitors
and filters incoming and outgoing network traffic and detect and remove
malicious programs. It offers several advantages, including enhanced
protection of customer information, financial data, and intellectual property,
mitigating phishing and DDoS attacks, and ensuring compliance with legal and
regulatory requirements regarding data protection, privacy, and security in an
organization.
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4. Report Description
Global Network Security Market Trends:
The global market is majorly driven by a considerable rise in the frequency and severity of threats and cyber-
attacks. This can be attributed to the paradigm shift towards online operations from offline mode in the numerous
end-use industries. In line with this, the growing adoption of cloud computing among large as well as small- and
medium-scale organizations is resulting in an augmenting demand for advanced network security solutions to
secure the cloud storage. Additionally, the significant increase in remote working resulting in a higher
vulnerability of data to various threats is impacting the market positively. Continual upgradations in the security
solutions, such as the integration of artificial intelligence (AI) and machine learning (ML) to stay ahead of
emerging threats, are also creating lucrative opportunities in the market.
Besides this, the proliferation of the Internet of Things (IoT) is resulting in a higher usage of connected devices
among the masses, which, in turn, is fueling the market growth. Also, rise in investments by numerous
organizations to comply with specific regulations and security measures to ensure sensitive data protection is
acting as a significant growth-inducing factor for the market. Some of the other factors contributing to the market
include rapid urbanization and digitization, the advent of Industry 4.0, and extensive research and development
(R&D) activities conducted by the key players.
Looking forward, the market is anticipated to reach a value of US$ 125.8 Billion by 2032, exhibiting a CAGR
of 14.9% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/network-security-market

5. Report
Segmentation
Breakup by Component:
• Solutions
o Firewalls
o Antivirus/Antimalware
o Network Access Control (NAC)
o Data Loss Prevention
o IDS/IPS
o Secure Web Gateways
o DDoS Mitigation
o Unified Threat Management
o Others
• Services
o Professional Services
o Managed Services

6. Report
Segmentation
Breakup by Deployment Mode:
• Cloud-based
• On-premises
Breakup by Organization Size:
• Large Enterprises
• Small and Medium-sized Enterprises
Breakup by Industry Vertical:
• IT and Telecommunication
• BFSI
• Aerospace and Defense
• Government
• Healthcare

7. Report
Segmentation
• Retail
• Manufacturing
• Energy and Utilities
• Others
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa

8. Competitive
Landscape with
Key Players
• AT&T Inc.
• Avast Software s.r.o.
• Broadcom Inc.
• Cisco Systems Inc.
• Fortinet Inc.
• International Business Machines Corporation
• Juniper Networks Inc.
• NortonLifeLock Inc.
• Palo Alto Networks Inc.
• SonicWall
• Trellix (Symphony Technology Group)
• Trend Micro Incorporated

9. Key Questions
Answered in
the Report
What was the size of the global network security market in
2023?
What is the expected growth rate of the global network
security market during 2024-2032?
What are the key factors driving the global network security
market?
What has been the impact of COVID-19 on the global network
security market?
What is the breakup of the global network security market
based on the component?
What is the breakup of the global network security market
based on the deployment mode?
What is the breakup of the global network security market
based on end user?
What are the key regions in the global network security
market?
Who are the key players/companies in the global network
security market?

10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Netw ork Security Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Solutions
6.1.1 Market Trends
6.1.2 Key Segments
6.1.2.1 Firewalls
6.1.2.2 Antivirus/Antimalware
6.1.2.3 Network Access Control (NAC)
6.1.2.4 Data Loss Prevention
6.1.2.5 IDS/IPS
6.1.2.6 Secure W eb Gateways
6.1.2.7 DDoS Mitigation

11. Table of
Contents
6.1.2.8 Unif ied Threat Management
6.1.2.9 Others
6.1.3 Mark et Forecast
6.2 Services
6.2.1 Mark et Trends
6.2.2 Key Segments
6.2.2.1 Professional Services
6.2.2.2 Managed Services
6.2.3 Mark et Forecast
7 Market Breakup by Deployment Mode
7.1 Cloud-based
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 On-premises
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
8 Market Breakup by Organization Size
8.1 Large Enterprises
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 Small and Medium -sized Enterprises
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by Industry Vertical
9.1 IT and Telecommunication
9.1.1 Mark et Trends
9.1.2 Market Forecast
For more information, visit :
https://www.imarcgroup.com/network -security-market/toc

12. Disclaimer
© 2023 IMARC All Rights Reserved
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and Consulting (IMARC).
Disclaimer: All contents and data of this publication, including forecasts, data analysis and
opinion have been based on information and sources believed to be accurate and reliable at
the time of publishing. International Market Analysis Research and Consulting makes no
representation of warranty of any kind as to the accuracy or completeness of any Information
provided. IMARC accepts no liability whatsoever for any loss or damage resulting from
opinion, errors or inaccuracies if any found this publication.
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International Market Analysis Research and Consulting. All other trademarks used in this
publication are registered trademarks of their respective companies.

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