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Network Security - Worldwide

Worldwide
  • The Network Security market is anticipated to witness a significant growth in revenue, reaching a staggering US$27.98bn in the year 2025.
  • This projection indicates a promising future for the market segment, with an expected compound annual growth rate (CAGR 2025-2029) of 9.85%.
  • If this growth rate is sustained, the market volume is estimated to expand to an impressive US$40.75bn by the year 2029.
  • Furthermore, when analyzing the average Spend per Employee in the Network Security market, it is predicted to reach US$7.79 in 2025.
  • This figure showcases the financial investment made by companies operating in this sector to ensure robust network security measures.
  • In a global context, it is noteworthy that the United States is projected to generate the highest revenue in the Network Security market, amounting to US$12.0bn in 2025.
  • This indicates the dominance of the US market with Worldwide Network Security market industry.
  • In the United States, there is a growing demand for network security solutions as companies seek to protect their sensitive data from cyber threats.

Definition :
The Network Security market refers to the market for a set of technologies, procedures, and policies that protect networks and data (as it travels into, out of, and across the network) from unauthorized access, cyber breaches, data sabotage, theft, and improper disclosure.

The main goal of network security is to guarantee the confidentiality, integrity, and accessibility of data and assets on devices. To achieve this, organizations need to collaborate, employing a range of security technologies to create an effective defense strategy that helps them protect their sensitive data, sustain business operations, and respond speedily to threats.

Additional information:

The Network Security market comprises revenues, revenue change, and average spend per employee. Market values represent revenues that are generated by primary vendors, either directly or through distribution channels (manufacturer prices, excluding VAT). Reported market revenues include consumer spending (B2C), business spending (B2B), and government spending (B2G). Detailed definitions of each market can be found on the corresponding market pages. Key players in the market include VMware, Trend Micro, and Cloudflare.

For more information on the data displayed, use the info button right next to the boxes.

In-Scope
  • Network firewalls, such as Palo Alto Networks Next-Generation Firewalls, Check Point Firewall, and Juniper Networks SRX Series Firewalls
  • Intrusion detection and prevention systems, such as AlienVault (AT&T Cybersecurity), McAfee Network Security Platform, and FireEye Network Security
  • Virtual private networks (VPNs) protection, such as NordVPN and ProtonVPN
Out-Of-Scope
  • Infrastructure protection, such as Raytheon Intelligence & Space, Northrop Grumman Corporation, and Splunk
  • Secure gateway, such as Zscaler, Akamai Enterprise Threat Protector, and Sophos Secure Web Gateway
Cyber Solutions: market data & analysis - Cover

Market Insights report

Cyber Solutions: market data & analysis
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    Revenue

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jun 2024

    SOURCE: Statista Market Insights

    NOTES: The chart “Comparable Estimates” shows the forecasted development of the selected market from different sources. Please see the additional information for methodology and publication date.

    MOST_RECENT_UPDATE: Mar 2024

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jun 2024

    SOURCE: Statista Market Insights

    Key Players

    MOST_RECENT_UPDATE: Dec 2024

    SOURCE: Statista Market Insights

    Global Comparison

    NOTES: Data was converted from local currencies using average exchange rates of the respective year.

    MOST_RECENT_UPDATE: Jun 2024

    SOURCES: Statista Market Insights, Financial Statements of Key Players, National Cyber Security Organizations

    Methodology

    Data coverage:

    Data encompasses B2C, B2B and B2G enterprises. Figures are based on security spending excluding VAT and the number of cyberattacks.

    Modeling approach / Market size:

    Market sizes are determined by a combined top-down and bottom-up approach, based on a specific rationale for each market segment. As a basis for evaluating markets, we use annual financial statements of the market-leading companies and industry associations, national statistical offices, and specific countries’ security organizations (e.g., German Cyber Security Council, Canadian Centre for Cyber Security). Furthermore, we use relevant key market indicators and data from country-specific associations, such as GDP and internet penetration. This data helps us to estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. Possible techniques are, for example, exponential trend smoothing and the autoregressive integrated moving average (ARIMA) forecasting algorithm. The main drivers are GDP, internet users, level of digitization, and consumer attitude towards data and IT security.

    Additional notes:

    Data is modeled using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.

    Technology

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    Cyber Solutions: market data & analysis - BackgroundCyber Solutions: market data & analysis - Cover

    Key Market Indicators

    NOTES: Based on data from IMF, World Bank, UN and Eurostat

    MOST_RECENT_UPDATE: Jan 2025

    SOURCE: Statista Market Insights

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