Wireless Network Security Market will Generate New Growth Opportunities by 2030 | Cisco Systems, Aruba Networks (Hpe), Juniper Networks

The global wireless network security market size is estimated to reach USD 59.60 billion by 2030, expanding at a CAGR of 12.2% from 2023 to 2030, according to the recent reports of Global Market Vision. The wireless network security market growth can be attributed to the growing number of cyberattacks, increasing adoption of Bring Your Own Devices (BYOD), and advancements in various wireless networking solutions such as unified threat solutions, Identity and Access Management (IAM), and Intrusion Prevention System (IPS)/Intrusion Detection System (IDS), among others. Further, the Covid-19 pandemic led work from home concept accelerated the adoption of wireless devices, which forced companies to implement wireless network security solutions to strengthen the security of wireless devices and keep the enterprise data.

With the advent of new technologies, and the internet, organizational networks are becoming more prone to cyber-attacks for data theft. These organizations are integrating wireless network security solutions in their businesses to guard themselves from unauthorized access, and malicious activities. The advancements in emerging technologies such as Machine Learning, big data analytics, Artificial Intelligence, Blockchain, and cloud computing, are creating positive outlook for the wireless network security market. The companies operating in the wireless network security market are investing in their R&Ds to develop advanced wireless network security solutions to attract potential audience and increase their revenue stream. For instance, in September 2022, Nokia Corporation, a telecommunication company, launched its new brand AVA (Automation, Visualization, Analytics) and will develop its Operation Support System (OSS), Business Support System (BSS), and security software applications under this brand. The AVA provides advanced security solutions with various features such as no code configuration, AI & ML integration, multi-cloud orchestration, and open Application Programming Interfaces (APIs), creating a favorable environment for the wireless network security market.

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The secondary research portion of the analysis method used to evaluate and forecast the Wireless Network Security Market involves compiling data on significant vendor revenues. Vendor offerings were also taken into consideration throughout the market segmentation process. The bottom-up methodology was used to estimate the overall market size of the worldwide market utilising the revenue of the key market participants as a starting point. The market was segmented into many groups and subgroups after the overall market size was established. Comprehensive interviews with important people, including CEOs, VPs, directors, and executives, were then conducted in order to validate these segments and sub-segments through primary research. The market engineering process was completed and the precise statistics for each segment and sub-segment were determined using the data triangulation and market breakdown methodologies.

Major Market Players Profiled in the Report include:
• ADT Inc.
• Amazon Web Services, Inc.
• Broadcom, Inc.
• Check Point Software Technologies Ltd.
• Cisco Systems Inc.
• Dell Technologies, Inc.
• Fortinet, Inc.
• Hewlett Packard Enterprise Development LP (Aruba Networks)
• Honeywell International Inc.
• Huawei Technologies Co., Ltd.
• International Business Machines Corporation
• Juniper Networks, Inc.
• Motorola Solutions, Inc.
• Palo Alto Networks, Inc.
• Sophos Ltd.

Global Wireless Network Security Market Segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.

Wireless Network Security Component Outlook
• Solution
o Encryption
o Firewall
o Identity and Access Management
o Intrusion Prevention System (IPS)/Intrusion Detection System (IDS)
o United Threat Solutions
o Others (Content Filtering, Authentication, Data Loss Prevention)
• Services
o Professional Services
o Managed Services

Wireless Network Security Deployment Outlook
• Cloud
• On-premise

Wireless Network Security Enterprise Size Outlook
• Large Enterprises
• Small and Medium-sized Enterprises

Wireless Network Security End-use Outlook
• BFSI
• Retail
• IT & Telecom
• Healthcare
• Manufacturing
• Government & Defense
• Others (Entertainment, Education, Energy & Utilities, Transportation & Logistics)

The research highlights important participants and manufacturers as well as the most recent tactics, including new product releases, collaborations, joint ventures, technology, segmentation of regional and industrial competitiveness, profit and loss ratios, and investment suggestions. a precise evaluation of efficient production and advertising methods, as well as market share, growth rate, size, revenue, and value chain analysis.
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Report includes:
• ◘ Introduction: This section provides background information about the research problem as well as an explanation of why the study was conducted and why it was needed.
• ◘ Literature Review: In this section, we provide an overview of the previous research on the subject matter, including relevant theories and models as well as results derived from recent research.
• ◘ Methodology: This section provides a detailed description of the research design, data collection methods, and sample size. The research design used in this study was a qualitative approach with semi-structured interviews and surveys
• ◘ Results: In this section, the results of the analysis are presented, along with tables, graphs, and other visual representations that convey the information in a clear and concise way.
• ◘ Discussion: The purpose of this section is to present an interpretation of the results, and to compare these results with those found in previous research and theories.
• ◘ Conclusion: This section summarizes the main results of the research and provides suggestions for further research, as well as providing recommendations for future research..
• ◘ References: In this section, all of the sources used in the research report, including books, journal articles, and online sources, are listed. These sources were consulted to gain an understanding of the subject matter and provided factual and statistical data which was included in the research report.

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The final report will add the analysis of the Impact of Covid-19 in this report Wireless Network Security Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Wireless Network Security Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Wireless Network Security Market is analyzed and depicted in the report.

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