Wireless Network Security Market Growth, Trends, Size, Revenue, Challenges and Future Outlook: SPER Market Research

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Published: Aug 2023	Report ID: IACT23151	Pages: 1 - 245	Formats^*:
Category : Information & Communications Technology

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.

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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
Regions covered	North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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

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:	Encryption Firewall Identity & Access Management Intrusion Prevention System Unified Threat Management Others
By Service:	Consulting Operations Managed Security Services Security Operations Others
By Deployment:	Cloud On-premise
By End-User:	Aerospace & Defense BFSI Government & Utility Healthcare Manufacturing Retail

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

SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.

The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.

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Frequently Asked Questions About This Report

How big is the Wireless Network Security Market?

Wireless Network Security Market is projected to reach USD 77.13 billion by 2033, growing at a CAGR of 13.11% during the forecast period.

What is the growth rate of the Wireless Network Security Market?

Wireless Network Security Market grew in market size from 2022. The Market is expected to reach USD 77.13 billion by 2033, at a CAGR of 13.11% during the forecast period.

What is the anticipated CAGR of the Wireless Network Security Market?

Wireless Network Security Market CAGR of 13.11% during the forecast period.

How can I get a sample report on the Wireless Network Security Market?

You can get the sample pages by clicking the link -Click Here

What is the market size of the Wireless Network Security Market?

Wireless Network Security Market size is USD 77.13 billion from 2023 to 2033.

Which segment is expected to Wireless Network Security Market?

Wireless Network Security Market Segment is covered By Solution, By Service, By Deployment, By End-User.

Which region is expected to have the highest market share in the Wireless Network Security Market?

The North America is anticipated to have the highest market share in the Wireless Network Security Market.

Who are the key players in Wireless Network Security Market?

The key players in the market include 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.

What is the conclusion of the Wireless Network Security Market?

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.