The Business Research Company’s report on the Amusement Parks Global Market Report 2025 Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
#How have key drivers contributed to the rapid growth of the network security software market?
The increasing number of cyber attacks is expected to propel the growth of the network security software market going forward. Cyber attacks refer to potential dangers and risks to information systems, networks, and computer infrastructure. Network security software is used in cybersecurity by acting as a barrier between the internal network and the external world, only allowing authorized traffic to pass through. For instance, in November 2023, according to the 2023 ASD Cyber Threat Report by the Australian Signals Directorate, an Australia-based federal agency, nearly 94,000 cybercrime reports were submitted to ReportCyber during the 2022-23 financial year, reflecting a 23% rise compared to the previous year. Therefore, the increasing number of cyber attacks is driving the network security software market.
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How has the network security software market size evolved, and what are the latest forecasts for its expansion?
The network security software market size has grown rapidly in recent years. It will grow from $27.33 billion in 2024 to $30.84 billion in 2025 at a compound annual growth rate (CAGR) of 12.8%. The growth in the historic period can be attributed to increasing cyber threats, compliance and data privacy concerns, rise in remote work practices, digital transformation initiatives, high-profile data breaches, need for continuous monitoring.
The network security software market size is expected to see rapid growth in the next few years. It will grow to $49.5 billion in 2029 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to increased focus on cloud security, regulatory changes and cybersecurity standards, expanded remote work scenarios, growing sophistication of cyber threats, focus on user and entity behavior analytics (UEBA). Major trends in the forecast period include zero trust architecture, AI-powered threat detection, cloud-based security solutions, identity and access management (IAM) integration, IoT security measures, behavioral analytics.
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Which major companies dominate the network security software market?
Major companies operating in the network security software market report are AT&T Inc., International Business Machines Corporation, Cisco Systems Inc., Broadcom Inc., Palo Alto Networks Inc., Juniper Networks Inc., Open Text Corp., Fortinet Inc., Check Point Software Technologies Ltd., Trend Micro Inc., Kaspersky Lab, SolarWinds Corporation, FireEye Inc., Qualys Inc., SonicWall, Avast PLC, McAfee LLC, AO Kaspersky Lab, FireMon LLC., GFI USA Inc., SOFTWIN SRL, Enterprise Security, Symantec Corporation, WatchGuard Technologies Inc., Musarubra US LLC
What trends will shape the future of the network security policy management (npsm) software market?
Major companies operating in the network security software market are developing software, such as AI network security software, to gain a competitive edge in the market. AI Network Security software refers to solutions that leverage Artificial Intelligence (AI) and Machine Learning (ML) techniques to automate and enhance various aspects of network security. For instance, in January 2024, Vehere, a US-based cybersecurity software company, launched NDR 1.4.1, a network security software. It’s an AI-powered solution that combines Network Detection & Response (NDR) and Network Forensics capabilities. It utilizes AI and machine learning to analyze network traffic and user behavior for advanced threat detection, including malware, data breaches, and insider threats.
Which region dominates the network security software market, and what factors contribute to its leadership?
North America was the largest region in the network security software market in 2024. The regions covered in the network security software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How is the network security software market segmented, and which segment holds the largest share?
The network security software market covered in this report is segmented –
1) By Type: Firewalls, Antivirus And Anti-Malware Software, Virtual Private Network(VPN), Wireless Security, Other Types
2) By Deployment: On-Premises, Cloud
3) By Organization Size: Small Enterprises, Medium-Sized Enterprises (SMEs), Large Enterprises
4) By Vertical: Aerospace And Defense, Government, Banking, Financial Services, And Insurance (BFSI), Information Technology (IT) And Telecommunication, Healthcare, Retail, Manufacturing, Energy And Utilities, Other Verticals
Subsegments:
1) By Firewalls: Network Firewalls, Next-Generation Firewalls (NGFW), Web Application Firewalls (WAF), Host-Based Firewalls
2) By Antivirus And Anti-Malware Software: Traditional Antivirus Software, Advanced Anti-Malware Solutions, Endpoint Protection Platforms (EPP), Threat Detection And Response Software
3) By Virtual Private Network (VPN): Remote Access VPN, Site-To-Site VPN, SSL VPN, VPN Client Applications
4) By Wireless Security: Wireless Intrusion Prevention Systems (WIPS), Wireless Access Control Solutions, Secure Wi-Fi Solutions, Wireless Network Monitoring Tools
5) By Other Types: Intrusion Detection And Prevention Systems (IDPS), Data Loss Prevention (DLP) Software, Security Information And Event Management (SIEM) Solutions, Cloud Security Solutions
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What defines the structure and scope of the network security software market?
Network security software is a software program designed to protect a network from unauthorized access, use, disclosure, disruption, modification, or destruction. It is used in safeguarding sensitive data, devices, and applications within a network.
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