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.
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
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Market Coverage
- The market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Component
- By Deployment
- By Enterprise Size
- By End-User
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- includes Broadcom Inc., Cisco Systems, Inc., Fortinet, Inc., Qualcomm Technologies, Inc., Trend Micro Inc., and others.
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)
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Wireless Network Security Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- AO Kaspersky Lab
- Barracuda Networks, Inc.
- Check Point Software Technologies Ltd.
- CommScope Holding Company, Inc.
- Dell Inc.
- Extreme Networks
- Fortinet, Inc.
- F-Secure
- Hewlett Packard Enterprise Development LP
- McAfee, Inc.
- NETGEAR
- Palo Alto Networks
- Qualcomm Technologies, Inc.
- Sophos Ltd.
- WatchGuard Technologies, Inc.
- Zyxel Networks
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