Network Security to Reach $38B by 2029 on SaaS, Cloud Growth


Network Security to Reach $38B by 2029 on SaaS, Cloud Growth

📅 - The global network security market is on track to grow from $24 billion in 2024 to $38 billion by 2029, according to a new five-year forecast report by Dell'Oro Group. The growth, driven by hybrid work, cloud migration, and AI-powered cyber threats, marks a shift in enterprise security spending priorities - particularly toward software and SaaS-based solutions.

Dell'Oro Group's analysis includes key security segments such as firewalls, Security Service Edge (SSE), traditional Secure Web Gateway (SWG) appliances, Web Application Firewalls (WAF), and Application Delivery Controllers (ADC).

While all categories contribute to the market's overall expansion, SaaS and software-based offerings [...][... Check source for end of article ...]
Tags: Cybersecurity

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