Global Network Security Market Size & Outlook, 2023-2030

The network security industry worldwide is expected to reach a projected revenue of US$ 55,366.5 million by 2030. A compound annual growth rate of 12.6% is expected of the worldwide network security industry from 2024 to 2030.
Revenue, 2023 (US$M)
$24,111.2
Forecast, 2030 (US$M)
$55,366.5
CAGR, 2024 - 2030
12.6%
Report Coverage
Worldwide

Global network security market highlights

  • The global network security market generated a revenue of USD 24,111.2 million in 2023 and is expected to reach USD 55,366.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 12.6% by 2030.
  • In terms of segment, solution accounted for a revenue of USD 17,689.0 million in 2023.
  • Services is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 24,111.2 million
Market revenue in 2030USD 55,366.5 million
Growth rate12.6% (CAGR from 2023 to 2030)
Largest segmentSolution
Fastest growing segmentServices
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSolution, Services

Other key industry trends

  • In terms of revenue, the North America accounted for 33.3% of the global network security market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 10,877.8 million by 2030.

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Network Security Market Companies

Name Profile # Employees HQ Website

Global network security market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to network security market will help companies and investors design strategic landscapes.


Solution was the largest segment with a revenue share of 73.36% in 2023. Horizon Databook has segmented the Global network security market based on solution, services covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Network Security Component Outlook (Revenue, USD Million, 2018-2030)
    • Solution
    • Services
  • Global Network Security Solution Outlook (Revenue, USD Million, 2018-2030)
    • Network Access Control
    • Unified Threat Defense
    • Data Loss Prevention
    • IDS/IPS
    • Firewall
    • Antivirus
    • Others
  • Global Network Security Deployment Outlook (Revenue, USD Million, 2018-2030)
    • Cloud
    • On-premise
  • Global Network Security Enterprise Size Outlook (Revenue, USD Million, 2018-2030)
    • Small & Medium Enterprises (SMEs)
    • Large Enterprise
  • Global Network Security Vertical Outlook (Revenue, USD Million, 2018-2030)
    • BFSI
    • IT and Telecommunication
    • Retail & E-commerce
    • Healthcare
    • Education
    • Manufacturing
    • Government
    • Others

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Horizon Databook provides a detailed overview of global-level data and insights on the Global network security market , including forecasts for subscribers. This global databook contains high-level insights into Global network security market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global network security market size, by regions, 2018-2030 (US$M)

Top 10 countries: Network security market size, 2023 (US$M)

Global network security market share, by component, 2023 & 2030 (%, US$M)

Network security market: Opportunity assessment by country

Global network security market, by region, 2023 (US$M)

Global network security market size, by regions, 2018-2030 (US$M)

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