Global Network Security Market Size & Outlook, 2023-2030
Global network security market, 2018-2030 (US$M)
Related Markets
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 2023 | USD 24,111.2 million |
| Market revenue in 2030 | USD 55,366.5 million |
| Growth rate | 12.6% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, 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 Scope
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)
| Component | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 5,137.1 | 5,616.3 | 6,134.3 | 6,706.2 | 7,335.7 | 8,028.5 | 8,791.5 | 9,631.7 | 10,557.3 | 11,579.1 | 12,708.8 | 13,957.3 | 15,331.3 | 9.7% |
| Europe | 3,503.1 | 3,947.8 | 4,444.7 | 5,008.7 | 5,647.7 | 6,371.5 | 7,191.9 | 8,121.9 | 9,176.6 | 10,374.8 | 11,737.7 | 13,287.9 | 15,045.5 | 13.1% |
| Asia Pacific | 2,626.0 | 3,012.5 | 3,452.5 | 3,960.3 | 4,545.6 | 5,220.1 | 5,997.8 | 6,894.9 | 7,930.0 | 9,126.1 | 10,510.0 | 12,111.4 | 13,959.3 | 15.1% |
| Latin America | 1,415.2 | 1,613.9 | 1,838.8 | 2,096.9 | 2,392.7 | 2,731.6 | 3,120.2 | 3,565.8 | 4,077.0 | 4,664.4 | 5,340.2 | 6,117.8 | 7,009.8 | 14.4% |
| MEA | 842.3 | 989.3 | 1,152.2 | 1,334.0 | 1,536.0 | 1,759.5 | 2,005.9 | 2,276.4 | 2,572.1 | 2,894.2 | 3,243.6 | 3,619.9 | 4,020.8 | 12.5% |
| Overall | 13,523.6 | 15,179.7 | 17,022.6 | 19,106.1 | 21,457.7 | 24,111.2 | 27,107.2 | 30,490.8 | 34,313.1 | 38,638.5 | 43,540.3 | 49,094.2 | 55,366.5 | 12.6% |
Related regional statistics
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