Wireless Network Security Market Growth, Trends, Size, Revenue, Challenges and Future Outlook
Wireless Network Security Market Size- By Solution, By Service, By Deployment, End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Aug-2023 | Report ID: IACT23151 | Pages: 1 - 245 | Formats*: |
| Category : Information & Communications Technology | |||
Wireless Network Security Market Introduction and Overview
According to SPER Market Research, the Global Wireless Network Security Market is estimated to reach USD 77.13 billion by 2033 with a CAGR of 13.11%.
The report includes an in-depth analysis of the global Wireless Network Security market, including market size and trends, product mix, distribution channels, and supplier analysis. The provision of security protection for a wireless computer network is referred to as wireless network security. In other words, wireless security ensures excellent security in a computer system's multiple wireless networks. The primary function of wireless security is to prevent unauthorised or illegal access to data in a computer over wireless networks, particularly Wi-Fi.
- March 2023: Cisco Systems, Inc. unveiled its recent advancements in wireless security solutions and IoT products during the Mobile World Congress in Barcelona, Spain. Additionally, the company highlighted its collaborative initiatives with global partners like KPN, Telstra, and Telenor, aimed at aiding enterprises in the management of their wireless networks.
- December 2022: Cradlepoint has introduced a zero-trust network access (ZTNA) service within its NetCloud Exchange (NCX) platform, which encompasses Secure Connect and Advanced SD-WAN products. The NCX platform is a software platform that enables wireless WAN connectivity via 4G LTE and 5G wireless edge routers.
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Market Opportunities and Challenges
Numerous variables create opportunities in the wireless network security industry. Stringent regulatory compliance, exemplified by GDPR and PCI DSS, compels organizations to ensure the security of their wireless networks, fuelling the demand for wireless network security solutions. The rapid growth of IoT devices and their reliance on wireless networks have increased the vulnerability to security breaches, necessitating robust security measures. Advancements in technologies like 5G, Wi-Fi 6, and SDN present new security challenges, prompting organizations to seek advanced wireless network security solutions to safeguard against evolving threats. These factors drive the growth of the wireless network security market.
The market does, however, nevertheless encounter some difficulties. Compatibility and integration issues arise when wireless network security solutions must seamlessly integrate with existing network infrastructure, applications, and devices. This can be challenging in complex network environments. Balancing security and user experience is another hurdle, as security measures should not overly burden users or degrade network performance. Striking the right balance between robust security and a seamless user experience can be challenging. Insider threats, including breaches by employees or authorized personnel, pose a significant challenge in protecting wireless networks. Effective monitoring, access control, and security policies are essential to mitigate internal threats.
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Market Competitive Landscape
The global wireless network security market is characterized by moderate competition, with multiple players operating in the industry. The key players in the global wireless network security market include A10 Networks, ADT, Alcatel-Lucent S.A., Aruba Networks, Blue Coat Systems Inc., Bosch and Honeywell, Brocade Communications Systems, Cisco Systems Inc., COMMSCOPE, Dell Inc., Extreme Networks, Fortinet, Hewlett Packard Enterprise, Honeywell International Inc., Huawei Technologies Co. Ltd, Juniper Networks, Motorola Solutions, Ruckus, Sophos Ltd., Symantec Corporation, ZTE Corporation, Others.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Solution, By Service, By Deployment, By End-User |
| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
| Companies Covered | A10 Networks, ADT, Alcatel-Lucent S.A., Aruba Networks, Blue Coat Systems Inc., Bosch and Honeywell, Brocade Communications Systems, Cisco Systems Inc., COMMSCOPE, Dell Inc., Extreme Networks, Fortinet, Hewlett Packard Enterprise, Honeywell International Inc., Huawei Technologies Co. Ltd, Juniper Networks, Motorola Solutions, Ruckus, Sophos Ltd., Symantec Corporation, ZTE Corporation, Others |
COVID-19 Impact on Global Wireless Network Security Market
The Covid-19 pandemic caused some organizations to delay purchasing decisions for wireless network security solutions due to financial challenges and uncertainty, impacting market growth initially. There was an increased focus on securing endpoints accessing wireless networks as remote work became prevalent. This led to a greater emphasis on endpoint security solutions within the wireless network security market. Additionally, the pandemic accelerated the adoption of cloud-based security solutions, including cloud-based wireless network security, enabling organizations to scale security measures efficiently, even with a remote workforce.
Key Target Audience
- Education Sector
- Enterprises and Organizations
- Financial Institutions
- Government and Public Sector
- Healthcare Industry
- IT and Security Professionals
- Others
Our in-depth analysis of the Wireless Network Security Market includes the following segments:
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Key Topics Covered in the Report
- Global Wireless Network Security Market Size (FY’2023-FY’2033)
- Overview of Global Wireless Network Security Market
- Segmentation of Global Wireless Network Security Market By Solution (Encryption, Firewall, Identity & Access Management, Intrusion Prevention System, Unified Threat Management, Others)
- Segmentation of Global Wireless Network Security Market By Service (Consulting Operations, Managed Security Services, Security Operations, Others)
- Segmentation of Global Wireless Network Security Market By Deployment (Cloud, On-premise)
- Segmentation of Global Wireless Network Security Market By End-User (Aerospace & Defense, BFSI, Government & Utility, Healthcare, Manufacturing, Retail, Telecom & IT, Others)
- Statistical Snap of Global Wireless Network Security Market
- Expansion Analysis of Global Wireless Network Security Market
- Problems and Obstacles in Global Wireless Network Security Market
- Competitive Landscape in the Global Wireless Network Security Market
- Impact of COVID-19 and Demonetization on Global Wireless Network Security Market
- Details on Current Investment in Global Wireless Network Security Market
- Competitive Analysis of Global Wireless Network Security Market
- Prominent Players in the Global Wireless Network Security Market
- SWOT Analysis of Global Wireless Network Security Market
- Global Wireless Network Security Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Wireless Network Security Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Wireless Network Security Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Wireless Network Security Market
7. Global Wireless Network Security Market, By Solution (USD Million)
7.1. Global Wireless Network Security Market Value Share and Forecast, By Solution, 2023-20337.2. Encryption7.3. Firewall7.4. Identity & Access Management7.5. Intrusion Prevention System7.6. Unified Threat Management7.7. Others
8. Global Wireless Network Security Market, By Service (USD Million)
8.1. Global Wireless Network Security Market Value Share and Forecast, By Service, 2023-20338.2. Consulting Operations8.3. Managed Security Services8.4. Security Operations8.5. Others
9. Global Wireless Network Security Market, By Deployment (USD Million)
9.1. Global Wireless Network Security Market Value Share and Forecast, By Deployment, 2023-20339.2. Cloud9.3. On-premise
10. Global Wireless Network Security Market, By End-User (USD Million)
10.1. Global Wireless Network Security Market Value Share and Forecast, By End-User, 2023-203310.2. Aerospace & Defense10.3. BFSI10.4. Government & Utility10.5. Healthcare10.6. Manufacturing10.7. Retail10.8. Telecom & IT10.9. Others
11. Global Wireless Network Security Market Forecast, 2019-2033 (USD Million)
11.1. Global Wireless Network Security Market Size and Market Share
12. Global Wireless Network Security Market, By Solution, 2019-2033 (USD Million)
12.1. Global Wireless Network Security Market Size and Market Share By Solution (2019-2026)12.2. Global Wireless Network Security Market Size and Market Share By Solution (2027-2033)
13. Global Wireless Network Security Market, By Service, 2019-2033 (USD Million)
13.1. Global Wireless Network Security Market Size and Market Share By Service (2019-2026)13.2. Global Wireless Network Security Market Size and Market Share By Service (2027-2033)
14. Global Wireless Network Security Market, By Deployment, 2019-2033 (USD Million)
14.1. Global Wireless Network Security Market Size and Market Share By Deployment (2019-2026)14.2. Global Wireless Network Security Market Size and Market Share By Deployment (2027-2033)
15. Global Wireless Network Security Market, By End-User, 2019-2033 (USD Million)
15.1. Global Wireless Network Security Market Size and Market Share By End-User (2019-2026)15.2. Global Wireless Network Security Market Size and Market Share By End-User (2027-2033)
16. Global Wireless Network Security Market, By Region, 2019-2033 (USD Million)
16.1. Global Wireless Network Security Market Size and Market Share By Region (2019-2026)16.2. Global Wireless Network Security Market Size and Market Share By Region (2027-2033)16.3. Asia-Pacific
16.3.1. Australia16.3.2. China16.3.3. India16.3.4. Japan16.3.5. South Korea16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France16.4.2. Germany16.4.3. Italy16.4.4. Spain16.4.5. United Kingdom16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia16.5.2. United Arab Emirates16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada16.6.2. Mexico16.6.3. United States
16.7. Latin America
16.7.1. Argentina16.7.2. Brazil16.7.3. Rest of Latin America
17. Company Profile
17.1. A10 Networks
17.1.1. Company details17.1.2. Financial outlook17.1.3. Product summary17.1.4. Recent developments
17.2. ADT
17.2.1. Company details17.2.2. Financial outlook17.2.3. Product summary17.2.4. Recent developments
17.3. Alcatel-Lucent S.A.
17.3.1. Company details17.3.2. Financial outlook17.3.3. Product summary17.3.4. Recent developments
17.4. Aruba Networks
17.4.1. Company details17.4.2. Financial outlook17.4.3. Product summary17.4.4. Recent developments
17.5. Blue Coat Systems Inc.
17.5.1. Company details17.5.2. Financial outlook17.5.3. Product summary17.5.4. Recent developments
17.6. Bosch and Honeywell
17.6.1. Company details17.6.2. Financial outlook17.6.3. Product summary17.6.4. Recent developments
17.7. Brocade Communications Systems
17.7.1. Company details17.7.2. Financial outlook17.7.3. Product summary17.7.4. Recent developments
17.8. Cisco Systems Inc.
17.8.1. Company details17.8.2. Financial outlook17.8.3. Product summary17.8.4. Recent developments
17.9. COMMSCOPE
17.9.1. Company details17.9.2. Financial outlook17.9.3. Product summary17.9.4. Recent developments
17.10. Dell Inc.
17.10.1. Company details17.10.2. Financial outlook17.10.3. Product summary17.10.4. Recent developments
17.11. Extreme Networks
17.11.1. Company details17.11.2. Financial outlook17.11.3. Product summary17.11.4. Recent developments
17.12. Fortinet
17.12.1. Company details17.12.2. Financial outlook17.12.3. Product summary17.12.4. Recent developments
17.13. Hewlett Packard Enterprise
17.13.1. Company details17.13.2. Financial outlook17.13.3. Product summary17.13.4. Recent developments
17.14. Honeywell International Inc.
17.14.1. Company details17.14.2. Financial outlook17.14.3. Product summary17.14.4. Recent developments
17.15. Huawei Technologies Co. Ltd
17.15.1. Company details17.15.2. Financial outlook17.15.3. Product summary17.15.4. Recent developments
17.16. Juniper Networks
17.16.1. Company details17.16.2. Financial outlook17.16.3. Product summary17.16.4. Recent developments
17.17. Motorola Solutions
17.17.1. Company details17.17.2. Financial outlook17.17.3. Product summary17.17.4. Recent developments
17.18. Ruckus
17.18.1. Company details17.18.2. Financial outlook17.18.3. Product summary17.18.4. Recent developments
17.19. Sophos Ltd.
17.19.1. Company details17.19.2. Financial outlook17.19.3. Product summary17.19.4. Recent developments
17.20. Symantec Corporation
17.20.1. Company details17.20.2. Financial outlook17.20.3. Product summary17.20.4. Recent developments
17.21. ZTE Corporation
17.21.1. Company details17.21.2. Financial outlook17.21.3. Product summary17.21.4. Recent developments
17.22. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Wireless Network Security Market is projected to reach USD 77.13 billion by 2033, growing at a CAGR of 13.11% during the forecast period.
Wireless Network Security Market grew in market size from 2022. The Market is expected to reach USD 77.13 billion by 2033, at a CAGR of 13.11% during the forecast period.
Wireless Network Security Market CAGR of 13.11% during the forecast period.
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Wireless Network Security Market size is USD 77.13 billion from 2023 to 2033.
Wireless Network Security Market Segment is covered By Solution, By Service, By Deployment, By End-User.
The North America is anticipated to have the highest market share in the Wireless Network Security Market.
The key players in the market include Companies Covered A10 Networks, ADT, Alcatel-Lucent S.A., Aruba Networks, Blue Coat Systems Inc., Bosch and Honeywell, Brocade Communications Systems, Cisco Systems Inc., COMMSCOPE, Dell Inc., Extreme Networks, Fortinet, Hewlett Packard Enterprise, Honeywell International Inc., Huawei Technologies Co. Ltd, Juniper Networks, Motorola Solutions, Ruckus, Sophos Ltd., Symantec Corporation, ZTE Corporation, Others.
The provision of security protection for a wireless computer network is referred to as wireless network security. In other words, wireless security ensures excellent security in a computer system's multiple wireless networks.
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