Network Security

Global industry analysts predict that the global network security market will reach $6.8 billion by 2026

Global industry analysts predict that the global network security market will reach .8 billion by 2026
Written by ga_dahmani
Global industry analysts predict that the global network security market will reach .8 billion by 2026
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Edition: sixteen; Released: January 2022
Executive Pool: 17672
Companies: 387 – Players covered include Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP (HPE); Honeywell International, Inc.; IBM Corporation; Siemens AG and others.
Coverage: All major geographies and key segments
Segments: Segment (Network Security)
Geographies: World; USA; Canada; Japan; Porcelain; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and rest of Europe); Pacific Asia (Australia; India; South Korea; and rest of Pacific Asia); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of middle East); Y Africa.

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Scope of the global network security market $6.8 billion by 2026
Amid the COVID-19 crisis, the global network security market was estimated at US$5.5 billionis expected to reach a revised size of US$6.8 billion by 2026, growing at a CAGR of 3.5% during the analysis period. Hardware, one of the segments analyzed in the report, is projected to register a CAGR of 2.9% and reach US$4.5 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software segment is reset at a revised CAGR of 4.5% for the next 7-year period.

The US market is estimated at $1.5 billion in 2021, while China is projected to reach $1.4 billion by 2026
The network security market in the US is estimated at US$1.5 billion in the year 2021. Porcelainthe second largest economy in the world, is anticipated to reach a projected market size of US$1.4 billion for the year 2026 with a CAGR of 6.2% during the analysis period. Other notable geographic markets include Japan Y Canada, each forecast growth of 1% and 2.6%, respectively, over the period of analysis. Within Europe, Germany it is forecast to grow at approximately 1.7% CAGR. Plus

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About Global Industry Analysts, Inc. and StrategyR™
Global Industry Analysts, Inc., ( is a renowned market research publisher, the world’s only influencer-driven market research company. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate market and industry forecasts for more than 33 years.

Zak Ali
Director of Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
Email: [email protected]

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