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The growing demand for 5G networks is expected to boost the wireless network security market from its 2022 valuation of USD 24.17 billion to a CAGR of 13.7% between 2023 and 2030.
To prevent assaults and data theft, businesses and organizations need wireless networking security solutions. In order to protect themselves from the growing number of wireless threats, businesses must implement wireless network security solutions. Adoption is high and expected to rise further as more businesses transition to using wireless networks. More and more information is at risk due to the proliferation of new forms of communication technology, the Internet, and technologies like bring your own device (BYOD) and organizational networks. Vendors in this ecosystem have developed a number of products to secure wireless networks, including firewalls, intrusion prevention systems/intrusion detection systems, and other novelties like unified threat management.
Wireless network security refers to the practice of implementing conventional network-layer security measures in WiFi networks. As the number of remote and mobile workers increases, protecting wireless networks becomes more important than ever. There is mounting demand on administrators to prevent cyber attacks on vital company assets. Without proper precautions (such as a disguised wireless connection), sensitive company data accessed by employees over a wireless network could be exposed to unauthorized readers (even if password-protected). By employing an SSL VPN device to secure the access layer of a wireless network, administrators can avoid the hassle of managing yet another security mechanism, like WEP (Wired Equivalent Privacy).
Growth in the wireless network security market is being fueled by the increasing sophistication of both threats and responses thanks to the incorporation of AI and machine learning into wireless security solutions. Cisco introduced its new Cognitive Wireless Security solution in February 2023. This product makes use of AI and ML to detect and eliminate potential security risks posed by wireless networks in real time. Growing consumer awareness of the need to protect sensitive information when using public Wi-Fi networks drives the demand for wireless security products and services. The security of wireless networks is complicated by the growing complexity and speed with which cyber threats evolve. Security solutions must evolve in real time to stay ahead of the ever-evolving dangers posed by cybercriminals. Long-term market dynamics may also be affected by the fact that some businesses, especially smaller ones, may lack the resources to invest in cutting-edge wireless network security solutions.
Wi-Fi is becoming increasingly popular in homes and businesses around the world, and the number of mobile devices having access to the internet is expanding rapidly. Cisco predicts that by the end of this year, there will be 628 million public Wi-Fi hotspots, up from 169 million last year. Increasing IoT usage contributes to expansion. Companies are shifting toward using strong encryption because of the rising security dangers posed by the ever-increasing number of public Wi-Fi access points. WPA is one of the widely adopted protocols for network devices, while WEP uses an outdated encryption technology and is primarily utilized in legacy systems.
The growth of the wireless network security market can be directly attributed to the widespread adoption of advanced communication technologies and the Internet of Things. Wireless network security also helps keep private information safe by using encryption methods. Wireless network security is growing for many reasons, including the widespread implementation of intrusion detection systems in mission-critical and other high-security settings.
The WEP and TKIP protocols have long been considered insecure due to the ease with which Wi-Fi networks using them may be decoded, and consequently, many device makers are gradually moving away from their use. After May 2022, Windows 10 will display a warning when a user attempts to join a Wi-Fi network that utilizes these protocols. Even devices with WPA security can be compromised. For instance, the 'Kr00k' vulnerability in Broadcom and Cypress CPUs allows for the decryption of data in transit and affects about a billion devices. Information can be stolen from a WPA2 network if an attacker intercepts and decrypts data packets in transit.
The wireless network security industry was significantly impacted by the COVID-19 pandemic. The need for safe wireless connections grew as the number of people working from home and depending on electronic means of communication both increased. However, increased cyber risks resulted from the strain placed on security systems by the swift changeover. For instance, phishing assaults and data breaches rose as cybercriminals took advantage of security holes in remote-work environments. As a result, businesses have rushed to invest in wireless network security solutions to protect confidential data and guarantee continuous operations in the face of these threats.
Report Coverage
Global Wireless Network Security research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wireless Network Security report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wireless Network Security competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wireless Network Security market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wireless Network Security market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wireless Network Security market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Sophos Ltd., Ruckus, Motorola Solutions, Juniper Networks, Fortinet, Cisco Systems Inc., Brocade Communications Systems Inc., Aruba Networks, Symantec Corporation, Honeywell and Robert Bosch, A10 Networks, Alcatel-Lucent S.A., Blue Coat Systems Inc., Brocade Communications Systems, Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd, Juniper Networks, ZTE Corporation, Motorola Solutions.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wireless Network Security market based on the below-mentioned segments:
Global Wireless Network Security Market, By Services
Security Operations Services
Consulting Services
Managed Security Services
Others
Global Wireless Network Security market, By Solutions
Firewall
Intrusion Prevention
Encryption
Identity and Access Management
Unified Threat Management
Others
Global Wireless Network Security Market, By End User
BFSI
Government & Utilities
Telecommunication and Information Technology
Healthcare
Retail
Manufacturing
Others
Global Wireless Network Security market, Regional Analysis
To prevent assaults and data theft, businesses and organizations need wireless networking security solutions. In order to protect themselves from the growing number of wireless threats, businesses must implement wireless network security solutions. Adoption is high and expected to rise further as more businesses transition to using wireless networks. More and more information is at risk due to the proliferation of new forms of communication technology, the Internet, and technologies like bring your own device (BYOD) and organizational networks. Vendors in this ecosystem have developed a number of products to secure wireless networks, including firewalls, intrusion prevention systems/intrusion detection systems, and other novelties like unified threat management.
Wireless network security refers to the practice of implementing conventional network-layer security measures in WiFi networks. As the number of remote and mobile workers increases, protecting wireless networks becomes more important than ever. There is mounting demand on administrators to prevent cyber attacks on vital company assets. Without proper precautions (such as a disguised wireless connection), sensitive company data accessed by employees over a wireless network could be exposed to unauthorized readers (even if password-protected). By employing an SSL VPN device to secure the access layer of a wireless network, administrators can avoid the hassle of managing yet another security mechanism, like WEP (Wired Equivalent Privacy).
Growth in the wireless network security market is being fueled by the increasing sophistication of both threats and responses thanks to the incorporation of AI and machine learning into wireless security solutions. Cisco introduced its new Cognitive Wireless Security solution in February 2023. This product makes use of AI and ML to detect and eliminate potential security risks posed by wireless networks in real time. Growing consumer awareness of the need to protect sensitive information when using public Wi-Fi networks drives the demand for wireless security products and services. The security of wireless networks is complicated by the growing complexity and speed with which cyber threats evolve. Security solutions must evolve in real time to stay ahead of the ever-evolving dangers posed by cybercriminals. Long-term market dynamics may also be affected by the fact that some businesses, especially smaller ones, may lack the resources to invest in cutting-edge wireless network security solutions.
Wi-Fi is becoming increasingly popular in homes and businesses around the world, and the number of mobile devices having access to the internet is expanding rapidly. Cisco predicts that by the end of this year, there will be 628 million public Wi-Fi hotspots, up from 169 million last year. Increasing IoT usage contributes to expansion. Companies are shifting toward using strong encryption because of the rising security dangers posed by the ever-increasing number of public Wi-Fi access points. WPA is one of the widely adopted protocols for network devices, while WEP uses an outdated encryption technology and is primarily utilized in legacy systems.
The growth of the wireless network security market can be directly attributed to the widespread adoption of advanced communication technologies and the Internet of Things. Wireless network security also helps keep private information safe by using encryption methods. Wireless network security is growing for many reasons, including the widespread implementation of intrusion detection systems in mission-critical and other high-security settings.
The WEP and TKIP protocols have long been considered insecure due to the ease with which Wi-Fi networks using them may be decoded, and consequently, many device makers are gradually moving away from their use. After May 2022, Windows 10 will display a warning when a user attempts to join a Wi-Fi network that utilizes these protocols. Even devices with WPA security can be compromised. For instance, the 'Kr00k' vulnerability in Broadcom and Cypress CPUs allows for the decryption of data in transit and affects about a billion devices. Information can be stolen from a WPA2 network if an attacker intercepts and decrypts data packets in transit.
The wireless network security industry was significantly impacted by the COVID-19 pandemic. The need for safe wireless connections grew as the number of people working from home and depending on electronic means of communication both increased. However, increased cyber risks resulted from the strain placed on security systems by the swift changeover. For instance, phishing assaults and data breaches rose as cybercriminals took advantage of security holes in remote-work environments. As a result, businesses have rushed to invest in wireless network security solutions to protect confidential data and guarantee continuous operations in the face of these threats.
Report Coverage
Global Wireless Network Security research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Wireless Network Security report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Wireless Network Security competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Wireless Network Security market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2022 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Sophos Ltd., Ruckus, Motorola Solutions, Juniper Networks, Fortinet, Cisco Systems Inc., Brocade Communications Systems Inc., Aruba Networks, Symantec Corporation, Honeywell and Robert Bosch, A10 Networks, Alcatel-Lucent S.A., Blue Coat Systems Inc., Brocade Communications Systems, Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd, Juniper Networks, ZTE Corporation, Motorola Solutions. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Wireless Network Security Market from 2021 to 2030.
- Market Forecast for Wireless Network Security Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Wireless Network Security competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Wireless Network Security
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Wireless Network Security market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Wireless Network Security market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Sophos Ltd., Ruckus, Motorola Solutions, Juniper Networks, Fortinet, Cisco Systems Inc., Brocade Communications Systems Inc., Aruba Networks, Symantec Corporation, Honeywell and Robert Bosch, A10 Networks, Alcatel-Lucent S.A., Blue Coat Systems Inc., Brocade Communications Systems, Dell Inc., Hewlett Packard Enterprise, Huawei Technologies Co. Ltd, Juniper Networks, ZTE Corporation, Motorola Solutions.
Primary Target Market
- Market Players of Wireless Network Security
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. INFINITIVE DATA EXPERT has segmented the global Wireless Network Security market based on the below-mentioned segments:
Global Wireless Network Security Market, By Services
Security Operations Services
Consulting Services
Managed Security Services
Others
Global Wireless Network Security market, By Solutions
Firewall
Intrusion Prevention
Encryption
Identity and Access Management
Unified Threat Management
Others
Global Wireless Network Security Market, By End User
BFSI
Government & Utilities
Telecommunication and Information Technology
Healthcare
Retail
Manufacturing
Others
Global Wireless Network Security market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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