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.
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.
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
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Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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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
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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:
By Solution:
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Encryption
Firewall
Identity & Access Management
Intrusion Prevention System
Unified Threat Management
Others
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By Service:
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Consulting Operations
Managed Security Services
Security Operations
Others
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By Deployment:
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Cloud
On-premise
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By End-User:
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Aerospace & Defense
BFSI
Government & Utility
Healthcare
Manufacturing
Retail
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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 report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. 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. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. 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. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Wireless Network Security Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. 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, 2023-2033
7.2. Encryption
7.3. Firewall
7.4. Identity & Access Management
7.5. Intrusion Prevention System
7.6. Unified Threat Management
7.7. Others
8. Global Wireless Network Security Market, By Service (USD Million)
8.1. Global Wireless Network Security Market Value Share and Forecast, By Service, 2023-2033
8.2. Consulting Operations
8.3. Managed Security Services
8.4. Security Operations
8.5. Others
9. Global Wireless Network Security Market, By Deployment (USD Million)
9.1. Global Wireless Network Security Market Value Share and Forecast, By Deployment, 2023-2033
9.2. Cloud
9.3. 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, 2023-2033
10.2. Aerospace & Defense
10.3. BFSI
10.4. Government & Utility
10.5. Healthcare
10.6. Manufacturing
10.7. Retail
10.8. Telecom & IT
10.9. 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. Australia
16.3.2. China
16.3.3. India
16.3.4. Japan
16.3.5. South Korea
16.3.6. Rest of Asia-Pacific
16.4. Europe
16.4.1. France
16.4.2. Germany
16.4.3. Italy
16.4.4. Spain
16.4.5. United Kingdom
16.4.6. Rest of Europe
16.5. Middle East and Africa
16.5.1. Kingdom of Saudi Arabia
16.5.2. United Arab Emirates
16.5.3. Rest of Middle East & Africa
16.6. North America
16.6.1. Canada
16.6.2. Mexico
16.6.3. United States
16.7. Latin America
16.7.1. Argentina
16.7.2. Brazil
16.7.3. Rest of Latin America
17. Company Profile
17.1. A10 Networks
17.1.1. Company details
17.1.2. Financial outlook
17.1.3. Product summary
17.1.4. Recent developments
17.2. ADT
17.2.1. Company details
17.2.2. Financial outlook
17.2.3. Product summary
17.2.4. Recent developments
17.3. Alcatel-Lucent S.A.
17.3.1. Company details
17.3.2. Financial outlook
17.3.3. Product summary
17.3.4. Recent developments
17.4. Aruba Networks
17.4.1. Company details
17.4.2. Financial outlook
17.4.3. Product summary
17.4.4. Recent developments
17.5. Blue Coat Systems Inc.
17.5.1. Company details
17.5.2. Financial outlook
17.5.3. Product summary
17.5.4. Recent developments
17.6. Bosch and Honeywell
17.6.1. Company details
17.6.2. Financial outlook
17.6.3. Product summary
17.6.4. Recent developments
17.7. Brocade Communications Systems
17.7.1. Company details
17.7.2. Financial outlook
17.7.3. Product summary
17.7.4. Recent developments
17.8. Cisco Systems Inc.
17.8.1. Company details
17.8.2. Financial outlook
17.8.3. Product summary
17.8.4. Recent developments
17.9. COMMSCOPE
17.9.1. Company details
17.9.2. Financial outlook
17.9.3. Product summary
17.9.4. Recent developments
17.10. Dell Inc.
17.10.1. Company details
17.10.2. Financial outlook
17.10.3. Product summary
17.10.4. Recent developments
17.11. Extreme Networks
17.11.1. Company details
17.11.2. Financial outlook
17.11.3. Product summary
17.11.4. Recent developments
17.12. Fortinet
17.12.1. Company details
17.12.2. Financial outlook
17.12.3. Product summary
17.12.4. Recent developments
17.13. Hewlett Packard Enterprise
17.13.1. Company details
17.13.2. Financial outlook
17.13.3. Product summary
17.13.4. Recent developments
17.14. Honeywell International Inc.
17.14.1. Company details
17.14.2. Financial outlook
17.14.3. Product summary
17.14.4. Recent developments
17.15. Huawei Technologies Co. Ltd
17.15.1. Company details
17.15.2. Financial outlook
17.15.3. Product summary
17.15.4. Recent developments
17.16. Juniper Networks
17.16.1. Company details
17.16.2. Financial outlook
17.16.3. Product summary
17.16.4. Recent developments
17.17. Motorola Solutions
17.17.1. Company details
17.17.2. Financial outlook
17.17.3. Product summary
17.17.4. Recent developments
17.18. Ruckus
17.18.1. Company details
17.18.2. Financial outlook
17.18.3. Product summary
17.18.4. Recent developments
17.19. Sophos Ltd.
17.19.1. Company details
17.19.2. Financial outlook
17.19.3. Product summary
17.19.4. Recent developments
17.20. Symantec Corporation
17.20.1. Company details
17.20.2. Financial outlook
17.20.3. Product summary
17.20.4. Recent developments
17.21. ZTE Corporation
17.21.1. Company details
17.21.2. Financial outlook
17.21.3. Product summary
17.21.4. Recent developments
17.22. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope