Network Security Software Market

Analysts at GMI Research estimates that the Network Security Software Market size was worth USD 18.7 billion in 2022, and forecast to touch USD 41.9 billion in 2030, growing at a significant higher CAGR of 10.6% from 2023-2030.

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Major Network Security Software Market Drivers

Network Security Software is designed to protect the data and network, including software and hardware from the various threat. Network security software provides security by stopping the risk to enter and spread to the network. It is the integration of multiple layers of defense in the network and at the network. There is a different type of network security systems which provide usability, reliability, integrity and security. Antivirus, application security, email security, data loss prevention, security information and event management, (SIEM), network access control (NAS), Intrusion prevention system (IPS), network segmentation etc are some network security software.

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The rising number of malware-attack increases the security concern of data and network, which lead the demand for network security software is the major factor that driving the market growth. For instance, in Jun 2019, Cisco launched AI-based network analytics which manages users and networks from campus and vast area network to data center and internet of things (IoT) edge. In addition, the growing trend of Bring Your Own Device (BYOD) also increases the demand for network security software solutions. Moreover, stringent regulation for network security is also expected to drive the market during the forecast period. However, a high-cost solution is restraining market growth during the forecast period.

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Top Market Players

Various notable players in the network security software market include Cisco Systems Inc., SolarWinds Corporation, IBM, Trend Micro Inc., FireMon, Symantec Corporation, FireEye Inc., GFI Software Inc., Avast Software Inc., WatchGuard Technologies, Bitdefender LLC, Webroot Inc., AT&T Inc., Qualys Inc., and Juniper Networks Inc. among others. Major players are focussing on product launch, acquisition, collaboration to expand their global reach and become a market competitive. For instance, in Jan 2019, IBM corporation signed a partnership agreement with Juniper Network, which includes data center, help desk, data and voice network IBM Watson platform manages Juniper Network Infrastructure.

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Segments covered in the Report:

The Global network security software market has been segmented on the basis of Component, Deployment Type, Organization Size, Vertical and Geography. Based on the component market is categorized into Solutions and Services. On the basis of deployment type market is segmented into On-premises and Cloud. Based on the organization size market is segmented into Small and Medium-sized Enterprises and Large Enterprises. Based on the vertical market is categorized into Healthcare, BFSI, Government, IT& Telecommunication, Aerospace& Defence and Retail& Manufacturing and by geography.

Market Segmentation

Global Network Security Software Market by Component

• • Solutions
  • Services

Global Network Security Software Market by Deployment Type

• • On-Premises
  • Cloud

Global Network Security Software Market by Organization Size

• • Small and Medium-sized Enterprises
  • Large Enterprises

Global Network Security Software Market by Vertical

• • Healthcare
  • BFSI
  • Government
  • IT& Telecommunication
  • Aerospace& Defence
  • Retail& Manufacturing

Global Network Security Software Market by Region

• • North America Network Security Software Market (Option 1: As a part of the free 25% customization)

    • By Component
    • By Deployment Type
    • By Organization Size
    • By Vertical
    • US Market All-Up
    • Canada Market All-Up

  • Europe Network Security Software Market (Option 2: As a part of the free 25% customization)

    • By Propulsion Type
    • By Capacity
    • By Vehicle Type
    • By Application
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up

  • Asia-Pacific Network Security Software Market (Option 3: As a part of the free 25% customization)

    • By Propulsion Type
    • By Capacity
    • By Vehicle Type
    • By Application
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up

  • RoW Network Security Software Market (Option 4: As a part of the free 25% customization)

    • By Propulsion Type
    • By Capacity
    • By Vehicle Type
    • By Application
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating in the Network Security Software (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • • Microsoft Corporation
    • SAP SE
    • Orange
    • F5 Networks
    • Palo Alto Networks
    • Forcepoint
    • Cirtix
    • Imperva
    • Zscaler
    • Akamai