Analysis of Wireless Network Security Market Size by Research Nester Reveals the Market to Register a CAGR of 12.7% During 2025-2037 and Reach ~USD 140.2 billion by 2037
Research Nester’s recent market research analysis on “Wireless network security market: Global Demand Analysis & Opportunity Outlook 2037” delivers a detailed competitor’s analysis and overview of the global wireless network security market in terms of market segmentation by solution, service, end user, and industry verticals.
Integration of Generative AI to Boost Sales of Advanced Wireless Network Security Solutions
The integration of digital technologies particularly generative AI is leading to the development of advanced and reliable wireless network security solutions. Generative AI enhances security levels by monitoring the entry of traffic through a strict and reliable set of standards. The advanced algorithm scans huge amounts of data and generates an effective barrier against cyber attackers. In September 2024, NVIDIA announced the launch of NVIDIA AI Aerial to enhance wireless network security and deliver advanced Generative AI solutions on one platform.
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Other factors such as rapid advancements in the Internet of Things (IoT) and connected devices, the rising need for advanced solutions to cater to cyber threats, and rising investments in developing advanced wireless network solutions are expected to boost global market growth going ahead. For instance, in September 2023, Zyxel Networks announced the launch of a wireless network, Connect and Protect Plus to empower companies and businesses with high-end cybersecurity.
Growth Drivers:
• Increasing adoption of IoT-connected devices in industries such as healthcare, manufacturing, and retail.
• High demand for wireless network security solutions from the BFSI sector.
Challenges
The installation of advanced wireless network security solutions is quite expensive which puts off small-scale end users from adopting them. The integration of these tools with existing IT infrastructure is a complex process, which again increases the labor cost, hampering the overall market growth to some extent.
The lack of authenticity and universally accepted set of standards for product approvals also creates significant challenges for wireless network security solution producers. End users hesitate to adopt advanced technologies due to misconceptions or a lack of knowledge of the tools.
Based on end users, the large enterprises segment is expected to capture 78.5% of the global market share by 2037. The high adoption of connected devices and the growing number of cyber-attacks are necessitating large-scale organizations to opt for advanced wireless network solutions. Big industries such as manufacturing, retail, packaging, and BFSI generate vast amounts of data and highly employ IoT robots, which fuels the demand for advanced security technologies.
By region, North America is foreseen to account for 33.0% of revenue share through 2037 owing to the rapidly expanding IT and telecommunication sector. The continuous technological advancements and strict regulations on cyber security are further fuelling the sales of wireless network security solutions in the U.S. and Canada.
This report also provides the existing competitive scenario of some of the key players of the global wireless network security market which includes company profiling of IBM Corporation, Ruckus Networks, Aerohive Networks, Fortinet Inc., Aruba Networks, Juniper Networks Inc., Broadcom Inc., Cisco Systems Inc., Dell Technologies Inc., Sophos Ltd, Motorola Solutions Inc., Amazon Web Services Inc., Edgecore Networks, and Secureworks Inc.
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https://www.researchnester.com/reports/wireless-network-security-market/6586
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