The global network support and security market is expected to grow from USD 126.52 Billion in 2019 to USD 425.49 Billion by 2027, at a CAGR of 16.37% during the forecast period 2020-2027.
Network security is any action designed to shield the usability and integrity of the network and data. It includes both hardware and software technologies. Effective network security manages access to the network. It aims for a variety of threats and stops them from entering or spreading on network. Network security makes the chain of multiple layers of defenses at the edge and in the network. Each network security layer implements policies and controls. Authorized users gain access to network resources, but malicious actors are blocked from doing exploits and threats. The global network support & security solutions is driven by the virtualization technologies introduction and progress in usage of web-based applications. Further, surge in demand for advanced security services and integration of network security solutions with other security services to escape the risk of cyber-attacks boost the market growth. However, slow ICT expenditure in less developed regions, such as Africa and South America, is anticipated to hinder this growth. High growth area such as, cloud computing and data center virtualization would be the opportunity areas for network support & security market.
The market has been segmented on the basic of type, application and region. Type segment includes hardware, software, and service. The hardware segment held largest market share of 41.53% and valued at USD 52.54 billion in 2019. However, service segment is anticipated to grow at highest CAGR of 17.01% during the forecast period. Application segment includes BFSI, Government, Retail, Healthcare, Energy and Utility, IT and Telecom, and Others. BFSI segment held the largest market share of 31.72% and valued at USD 40.13 billion in 2019. The market has been divided into North America, Europe, APAC, South America, and MEA. North America held the largest market share of 34.55% and valued at USD 43.71 billion in 2019. China segment is expected to grow with highest CAGR of 17.13% during the forecast period due to increased adoption of network support & security services in this region.
Key players operating in the global network support and security market include Cisco Systems, Inc., Hewlett Packard Enterprise Company, Fortinet, Inc, AlienVault, Inc. (Subsidiary of AT&T Communications LLC), McAfee LLC., Symantec Corporation., Trend Micro Incorporated, CA, Inc, F5 Networks, Inc and FireEye, Inc. among others. To enhance their market position in the global Network Support and Security market, the key players are now focusing on adopting the strategies such as recent developments, joint venture, product innovations, mergers & acquisitions, collaborations, and partnership.
This study forecasts revenue growth at global, regional, and country levels from 2014 to 2027. Fior Markets has segmented the on the basis of below-mentioned segments:
Chapter 1 Introduction
1.1 Research Methodology
1.2 FMR Desk Research
1.2.1 FMR data synthesis
1.2.2 Data validation and market feedback
1.2.3 FMR Data Sources
Chapter 2 Global Network Support and Security Market Overview
2.1 Definition of Network Support and Security in This Report
2.2 Commercial Types of Network Support and Security
2.3 Commercial Application of Network Support and Security
2.3.5 Energy and Utility
2.3.6 IT and Telecom
2.4 Development History of Network Support and Security
2.5 Market Status and Trend of Network Support and Security 2014-2027
2.5.1 Global Network Support and Security Market Status and Trend 2014-2027
2.5.2 Regional Network Support and Security Market Status and Trend 2014-2027
126.96.36.199 North America Market Status and Trend 2014-2027
188.8.131.52 Europe Market Status and Trend 2014-2027
184.108.40.206 China Market Status and Trend 2014-2027
220.127.116.11 Japan Market Status and Trend 2014-2027
18.104.22.168 Rest of APAC Market Status and Trend 2014-2027
22.214.171.124 Latin America Market Status and Trend 2014-2027
Chapter 3 Global Market Status by Regions
3.1 Market Development of Network Support and Security 2014-2019
3.2 Revenue Market of Network Support and Security by Regions
3.2.1 Regions Revenue of Network Support and Security by Regions
Chapter 4 Global Network Support and Security by Type
4.1 Revenue of Network Support and Security by Types
4.2 Market Forecast of Network Support and Security by Types
Chapter 5 Global Network Support and Security Revenue by Downstream Industry
5.1 Revenue of Network Support and Security by Downstream Industry
5.2 Market Forecast of Network Support and Security by Downstream Industry
Chapter 6 Market Driving Factor Analysis of Network Support and Security
6.1 Global Economy Situation and Trend Overview
6.2 Network Support and Security Downstream Industry Situation and Trend Overview
Chapter 7 Network Support and Security Market Competition Status by Major Manufacturers
7.1 Revenue of Network Support and Security by Major Manufacturers
7.2 Basic Information of Network Support and Security Major Manufacturers
7.2.1 Plant Location and Established Time of Network Support and Security Major Manufacturer
7.3 Market Competition News and Trend
Chapter 8 Network Support and Security Major Manufacturers
8.1 Cisco Systems, Inc.
8.1.1 Company Profile
8.1.2 Representative Network Support and Security Product of Cisco Systems, Inc.
8.1.3 Network Support and Security Revenue and Gross Margin of Cisco Systems, Inc.
8.2 Hewlett Packard Enterprise Company
8.2.1 Company Profile
8.2.2 Representative Network Support and Security Product of Hewlett Packard Enterprise Company
8.2.3 Network Support and Security Revenue and Gross Margin of Hewlett Packard Enterprise Company
8.3 Fortinet, Inc.
8.3.1 Company Profile
8.3.2 Representative Network Support and Security Product of Fortinet, Inc.
8.4 AlienVault, Inc. (Subsidiary of AT&T Communications LLC)
8.4.1 Company Profile
8.4.2 Representative Network Support and Security Product of AlienVault, Inc. (Subsidiary of AT&T Communications LLC)
8.4.3 Network Support and Security Revenue and Gross Margin of AlienVault, Inc.
8.5 McAfee LLC
8.5.1 Company Profile
8.5.2 Representative Network Support and Security Product of McAfee LLC
8.5.3 Network Support and Security Revenue and Gross Margin of McAfee LLC
8.6 Symantec Corporation
8.6.1 Company Profile
8.6.2 Representative Network Support and Security Product of Symantec Corporation
8.6.3 Network Support and Security Revenue and Gross Margin of Symantec Corporation
8.7 Trend Micro Incorporated
8.7.1 Company Profile
8.7.2 Representative Network Support and Security Product of Trend Micro Incorporated
8.8 CA, Inc.
8.8.1 Company Profile
8.8.2 Representative Network Support and Security Product of CA, Inc.
8.9 F5 Networks, Inc.
8.9.1 Company Profile
8.9.2 Representative Network Support and Security Product of F5 Networks, Inc.
8.10 FireEye, Inc.
8.10.1 Company Profile
8.10.2 Representative Network Support and Security Product of FireEye, Inc.
8.10.3 Network Support and Security Revenue and Gross Margin of FireEye, Inc.
Chapter 9 Upstream and Downstream Market Analysis of Network Support and Security
9.1 Industry Chain of Network Support and Security
9.2 Representative Consumers of Network Support and Security
9.3 Distributors/Traders List
Chapter 10 Research Findings and Conclusion
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