Uploaded on Aug 17, 2020
The global wireless network security market was valued at USD 15,137.8 million in 2019 and is expected to be valued at USD 41,513.9 million by the end of 2027 registering a significant CAGR of 13.5% over the forecast period, 2019-2027.
Wireless Network Security Market By Solution (FirewallGlobal Wireless Network Security Market Research Report | Growth Market Reports
Wireless Network Security Market By Solution
(Firewall, Intrusion Prevention System, Encryption,
Identity and Access Management, Unified Threat
Management, Others), By Service (Security
Operations, Consulting Operations, Managed
Security Services, Others), By End User (BFSI,
Government and Utility, Telecom and ITES,
Healthcare, Aerospace & Defense, Retail,
Manufacturing, Others)
• The global wireless network security market was valued at
USD 15,137.8 million in 2019 and is expected to be valued at
USD 41,513.9 million by the end of 2027 registering a
significant CAGR of 13.5% over the forecast period, 2019-
2027. Owing to the growing use of Internet of Things (IoT) in
this ever-changing technological environment, most
companies implement wireless network protection to protect
their network from unwanted and malicious access attempts.
Global Wireless Network Security Market Value, By
Firewall, 2015-2027 (USD million)
• Many organizations prefer wireless communication, because it is easy
to set up and minimizes some of the drawbacks of wired
communication structure. Wireless network protection is cost-
effective in contrast with wired framework, and is conveniently
accessible. Wireless network security plays a critical role in wireless
communication in order to prevent unwanted network risks.
Wireless network protection is usually provided via wireless devices such
as routers, or switches. Such tools encrypt and protect all data relating to
wireless communication by design. Even if the data protection is
breached, unauthorized users are unable to access the transit data
content. In addition, the wireless intrusion detection program aims to
secure a wireless network by alerting service stations in the event of
security breaches.
• The key factors driving the wireless network security market are advanced
telecommunications and strong Internet of Things adoption. The stronghold
of various innovations, such as bringing your own device (BYOD) and the
deployment of advanced network technology across multiple organizations,
creates a great positive impact on the wireless security network industry.
Wireless network protection also plays a key role in safeguarding sensitive
data by data encryption process. Another significant driving force in the
wireless network protection market is the implementation of intrusion
detection system in multiple applications, such as sensitive infrastructure
and high safety areas.
•
• Wireless network security market is experiencing high growth due to
growing demand for WLAN security framework. Wireless network protection
systems are used to increase network performance and allow data
transmission at high speed in a safe environment. The major constraints
faced by the wireless security market are caused by the efficient
convergence of wireless technologies across mobile devices that will hamper
wireless network security market development.
Global Wireless Network Security Market BPS Analysis
• North America region currently dominates the wireless
network security market by introducing various trend-setting
security solutions, such as wireless LAN security. Such
methods are successfully applied in both business mode and
in personal mode (home connections).
The wireless network security market in the Asia Pacific region
is expected to grow in a positive way due to the increasing
adoption of enterprise IT infrastructure services.
Wireless Network Security Market Report Attribute
Report Attribute Report Details
Base Year 2019
Historical Data 2015
Forecast Year 2027
Growth Rate 13.5%
Market Value in 2019 USD 15,137.8 Mn
Regional scope By Region (North America, Europe, Asia Pacific, Latin America,
Middle East & Asia)
By Solution (Firewall, Intrusion Prevention System, Encryption,
Identity and Access Management, Unified Threat Management,
Segments covered Others), By Service (Security Operations, Consulting Operations,
Managed Security Services, Others), By End User (BFSI,
Government and Utility, Telecom and ITES, Healthcare, Aerospace
& Defense, Retail, Manufacturing, Others)
Fortinet Inc, Hewlett Packard, Extreme Networks, ADT Security
Key Companies Profiled Services, CommScope, Bosch Sicherheitssysteme, Motorola
Solutions, Juniper Networks, Cisco Systems Inc, Honeywell
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