Security Software in Telecom Market Size
                     Market Highlights 
Due to the massive expansion of LTE networks, the customers have been experiencing seamless 
connectivity across the globe. It has given a significant opportunity to the telecom industries to 
expand their networks and penetrate in urban, rural, and remote areas. Furthermore, a perpetual 
increase in the usage of internet, increasing need demand for data services, and rising adoption 
broadband adoption are some of the critical drivers for the telecom industry. The development of 
networks has also resulted in a higher number of cyber-attacks in the telecom industry. The Global 
Security Software in Telecom Market 2020 was valued at USD 3,599.4 million in 2018 and 
estimated to expand at a CAGR of 11.9% with a value of USD 8,923.5 million by 2025.  
Growth Boosters and Key Restraints  
The telecom industry provides a passage for data sharing via radio, wire, optical, or electromagnetic 
waves. The service providers have successfully taken the industry to greater heights since realizing 
its potential to impact the economy of a country. Sensing the opportunity, the providers came up 
with the Internet-of-Things (IoT), which has simplified the entanglement brought on by the 
previous system. With that said, the emergence of IoT has also led to a surge in cybercrimes. Data 
breach is proving to be a significant concern for companies and is boosting the demand for security 
software in telecom market.  
Cyber-attacks have increased at an exponential pace in recent years, and this exacerbated situation 
calls for advanced cybersecurity solutions. Increasing adoption of advanced technologies, mounting 
need for network security, and surging internet penetration are collectively inducing the growth of 
the security software in telecom market all across the globe.   
MRFR experts project that the security software in telecom industry can note significant growth in 
the next couple of years, with the increasing number of testing laboratories all over the world. 
Keeping in mind the employee safety, a number of organizations are organizing tests in offices to 
avoid any illegitimate activity and are increasingly making high demand for security software in 
telecom market. 
Segmentation: 
The global security software in telecom market size has been dissected with respect to deployment 
type and application.  
The deployment types evaluated in the report are cloud and on-premise. The on-premise segment 
has taken the lead in the global market and had been valued at USD 1,745.3 million in 2017. The 
segmental value can potentially go up to USD 4,610.8 million by 2025, and expand at a rate of 
13.1% during the review timeframe. The cloud segment can achieve a faster growth rate of 14.7% 
in the coming years and touch a valuation of USD 4.313 million by the end of the given timeline. 
Application-based segments in the security software in telecom market are small & medium 
enterprises (SMEs), government organizations as well as large enterprises. Large enterprises are 
the leading segment and was worth USD 1,321.1 million in 2017, while the government 
organizations segment can reach a valuation of USD 3,553.4 million by 2025. But, it is the SMEs 
segment that can achieve the fastest growth rate of 15.3% in the years ahead. 
The global security software in the telecom market has segmented into Asia-Pacific, North America, 
Europe, the Middle East & Africa, and South America.  
North America is estimated to dominate the security software in the telecom market. It has also 
been anticipated that it will retain the market during the forecast period. The advent of new 
technology and adaptation to it has led to considerable growth in the market. The rise in the 
deployment of IoT and the existence of internet-enabled solutions and cloud services have led to 
significant exposure to global security software in the telecom market. Canada and the US are facing 
a higher number of cyberattacks in the telecom sectors, which is one of the most significant reasons 
which increases the demand for security software.  
Asia-Pacific is estimated to be the fastest-growing telecom market during the forecast period. With 
fast digitization, along with the developments in IoT and cloud computing has created a higher risk 
of cyber-attacks and security breaches. It resulted in a higher demand for global security software 
in the telecom market. It has encouraged the service providers to develop security solutions 
efficiently for the telecom operators. Countries like India, Japan, and China are growing at a faster 
pace, and hence, they contribute to the expansion of the market in the APAC region. Moreover, the 
increasing cyber-crime and strict government rules and regulations are speculated to increase the 
demand, thereby growing the market in the APAC region.  
Prominent Companies   
Some of the prominent companies having major influence over the global market for security 
software in telecom include IBM (U.S.), F-Secure Corporation (Finland), AVG Technologies (The 
Netherlands), Fortinet (U.S.), Imperva (U.S.), Trend Micro Inc. (Japan), Cisco Systems Inc. (U.S.), 
Symantec (U.S.), McAfee (U.S.), Dell EMC (U.S.), Check Point Software Technologies Ltd. (U.S.), and 
others.