An increase in Demand for Reliable Access and Wireless Network Globally to Bolster the Growth of the Market

Published: Jan 2024

The global wireless network security market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). An increase in the adoption of reliable access and networks to protect from cyber threats drives the growth of the wireless network security market. Rising demand for professional and managed security services, and technological advancements in digital security solutions such as integration of Artificial Intelligence (AI), & big data analytics accelerate the growth of the market. The proliferation of digital infrastructure in various end-use sectors, such as BFSI, retail & healthcare, created demand for wireless network security solutions to protect this infrastructure from digital threats.

Browse the full report description of “Wireless Network Security Market Size, Share & Trends Analysis Report by Component (Solution (Encryption, Firewall, Identity and Access Management, Intrusion Prevention System (IPS)/Intrusion Detection System (IDS), United Threat Solutions, Others) and Services (Professional Services and Managed Services), by Deployment (Cloud and On-premise), by Enterprise Size (Large Enterprises and Small and Medium-sized Enterprises) and by End Users (BFSI, Retail, IT & Telecom, Healthcare, Manufacturing, Government & Defense and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/wireless-network-security-market

New threat detection services reinforce cyber defences for private companies, critical infrastructure, and state and local organizations by using sourced threat intelligence. For instance, in March 2023, Viasat Inc. launched the Trusted Cybersecurity Services (TCS) solution, a hosted intrusion detection service that integrates classified government threat intelligence to identify existing, potential and emerging threats on an organization's network. The service leverages cyber threat intelligence provided by the US Department of Homeland Security (DHS) through the Cybersecurity and Infrastructure Agency (CISA) Enhanced Cybersecurity Services (ECS) program to help protect US-based organizations from malicious cyber threats.

Customers looking to improve their 5G security posture, Various market players offering organizations to identify risks and develop an end-to-end security strategy to protect critical business and data and accelerate their digital transformation. For instance, in February 2023, Atos SE launched  its new ‘5Guard’ security offering for organizations looking to deploy private 5G networks and for telecom operators looking to enable integrated, automated, and orchestrated security to protect and defend their assets and customers.

Core network security is a key factor in forward business planning as they pursue innovative new business opportunities powered by 5G and emerging technologies. For instance, in September 2020, Telefonaktiebolaget LM Ericsson launched an integrated Packet Core Firewall to boost 5G core security. The all-in-one cloud-native solution combines user plane security and advanced security functions seamlessly integrated with Ericsson Packet Core Gateway. Integrated Packet Core Firewall reduces total cost of ownership by more than 50.0% compared to dedicated user plane security solutions

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Component

o By Deployment

o By Enterprise Size

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes Broadcom Inc., Cisco Systems, Inc., Fortinet, Inc., Qualcomm Technologies, Inc., Trend Micro Inc., and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Wireless Network Security Market Report Segment

By Component

Solution

  • Encryption
  • Firewall
  • Identity and Access Management
  • Intrusion Prevention System (IPS)/Intrusion Detection System (IDS)
  • United Threat Solutions
  • Others (Content Filtering, Authentication, Data Loss Prevention)

Services

  • Professional Services
  • Managed Services

By Deployment

  • Cloud
  • On-premise

By Enterprise Size

  • Large Enterprises
  • Small and Medium-sized Enterprises

By End-User

  • BFSI
  • Retail
  • IT & Telecom
  • Healthcare
  • Manufacturing
  • Government & Defense
  • Others (Entertainment, Education, Energy & Utilities, Transportation & Logistics)

Global Wireless Network Security Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/wireless-network-security-market