
Report ID: SQMIG45D2146
Skyquest Technology's expert advisors have carried out comprehensive research on the wireless network security market to identify the major global and regional market trends and growth opportunities for leading players and new entrants in this market. The analysis is based on in-depth primary and secondary research to understand the major market drivers and restraints shaping the future development and growth of the industry.
Increasing Data Breach and Cyberattacks
Increasing Adoption of 5G and IoT Networks
High Implementation Costs
Network Security Management Complexity
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Global Wireless Network Security Market size was valued at USD 26.36 Billion in 2023 and is poised to grow from USD 29.60 Billion in 2024 to USD 74.93 Billion by 2032, growing at a CAGR of 12.31% in the forecast period (2025-2032).
Leaders in the highly competitive global wireless network security market also give significant attention to cloud security, Zero Trust architectures, and AI-driven security. Microsoft and IBM develop Zero Trust architectures, whereas Cisco and Palo Alto Networks invest in AI-driven threat detection. Strategic acquisitions, like Fortinet's acquisition of Cloud Security startup Lacework in March 2024, further strengthen market positioning. Partnerships with telecommunications companies also offer more security to 5G networks. 'HPE Aruba Networking', 'T-Mobile', 'TM Technologies', 'Armis', '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.'
The demand for sophisticated wireless network security solutions is being fueled by the higher incidence and sophistication of attacks. For example, in February 2024, Cisco launched its AI-driven Secure Access solution, which leverages real-time threat identification and automated response to battle emerging cyberthreats. Companies are spending big on stringent security solutions to protect confidential information and infrastructure as concerns about ransomware, phishing, and network breaches rise.
Network Security Powered by AI: With the automation of threat detection and response, artificial intelligence (AI) is transforming wireless security. IBM's Watson for Cybersecurity AI, which leverages machine learning to anticipate and prevent cyberattacks from occurring, launched in May 2024. By improving the accuracy and efficiency of network vulnerability detection, AI-powered security solutions turn security proactive instead of reactive.
How North America is Pioneering AI-Driven Wireless Security Solutions?
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Report ID: SQMIG45D2146
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