Internet Security Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to internet security market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Internet Security Market News

  • In November 2024, Cisco Systems unveiled the new advanced AI-driven threat detection system called Cisco Secure Threat Intelligence. It integrates machine learning and cloud analytics to proactively identify emerging cyber threats, hence improving network security for enterprises. This is with the aim of reducing response time and improving overall threat mitigation.
  • In October 2024, Palo Alto Networks introduced a new feature, enhancing its Prisma Cloud platform with deep learning-based security automation. The upgrade accelerates detection and response to modern cloud-native security threats. It is a modern solution developed to secure new cloud infrastructures, ensuring proper risk and compliance management.
  • In September 2024, IBM launched a new quantum-safe encryption solution, IBM Quantum Safe Security, to protect against future threats posed by quantum computing. This development is about offering solid security to prevent the quantum decryption of important data. The enterprise systems must maintain data privacy and security over time.

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FAQs

Global Internet Security Market size was valued at USD 257 Billion in 2023 poised to grow from USD 277.5 Billion in 2024 to USD 513.7 Billion by 2032, growing at a CAGR of 8% in the forecast period (2025-2032).

The global internet security market is highly competitive, with key players driving innovation in cybersecurity technologies. These leading companies are Cisco Systems, Palo Alto Networks, Fortinet, Check Point Software Technologies, and IBM, who are making it to the top with firewalls, AI-driven threat detection, and Secure Access Service Edge (SASE). They keep on innovating by merging and acquiring companies or partnering strategically with others to face the growing need for robust cybersecurity solutions across all sectors and geographies. 'Cisco Systems (USA)', 'Palo Alto Networks (USA)', 'Fortinet (USA)', 'Check Point Software Technologies (Israel)', 'IBM (USA)', 'Trend Micro (Japan)', 'McAfee (USA)', 'Sophos (United Kingdom)', 'CrowdStrike (USA)', 'Kaspersky (Russia)', 'FireEye (USA)', 'Fortinet (USA)', 'Bitdefender (Romania)', 'Huawei Technologies (China)', 'Juniper Networks (USA)'

Ransomware, phishing, and sophisticated APT threats are increasingly found to be sophisticated and frequent enough to drive the global internet security market growth. As organizations focus their efforts on threat detection through AI, endpoint security, and adoption of Zero Trust frameworks to curb the evolving nature of cyber threats and protect highly sensitive data.

Surge in AI-Powered Cybersecurity Solutions: The integration of artificial intelligence (AI) in cybersecurity is rapidly transforming the global internet security market trends. AI-driven solutions, including machine learning and predictive analytics, will speed up threat detection and response and enhance the overall defense strategy. This trend is critical to address the sophisticated and dynamic nature of cyber threats.

North America dominates the global internet security market due to its strong cybersecurity infrastructure, high digital adoption, and significant investments in advanced security technologies. Leading cybersecurity players, strong regulatory requirements in relation to data safety such as CCPA and HIPAA, are some of the factors that would drive market growth. The region’s rapid cloud adoption, expansion of IoT ecosystems, and government initiatives to strengthen cybersecurity resilience further boost demand. Additionally, the rise in ransomware attacks and data breaches has led enterprises to invest heavily in AI-driven security, Zero Trust frameworks, and Secure Access Service Edge (SASE), reinforcing North America’s leadership in the global internet security market.

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Global Internet Security Market
Internet Security Market

Report ID: SQMIG45A2501

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