Wireless network security market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). The growing adoption of next-generation wireless access points (APs) with improving network connectivity is the key factor supporting the growth of the market globally. Users require more bandwidth than ever before, and many organizations are investing in next-generation wireless access points (APs) to provide increased connectivity. To ensure network security and a positive user experience, market players need to provide high-performance switches that intelligently organize AP traffic and prevent bottlenecks.
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The global wireless network security market is segmented on the component, deployment, enterprise size and end users. Based on the component, the market is sub-segmented into solutions (encryption, firewall, identity and access management, intrusion prevention system (IPS)/intrusion detection system (IDS), united threat solutions, others (content filtering, authentication, data loss prevention)) and services (professional services and managed services). Based on the deployment, the market is sub-segmented into cloud and on-premise. Based on the enterprise size, the market is sub-segmented into large enterprises and small and medium-sized Enterprises. Further, on the basis of end-users, the market is sub-segmented into BFSI, retail, IT & telecom, healthcare, manufacturing, government & defence and others (entertainment, education, energy & utilities, transportation & logistics). Among the end-users, the BFSI sub-segment is anticipated to hold a considerable share of the market owing to the rise in the development of wireless network security for cyber attacks, data breaches, and financial fraud. Cyber attackers often use tactics such as phishing, malware, and ransomware to gain access to sensitive data,
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global 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)
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global wireless network security market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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