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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ABSTRACT-

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., (www.strategyr.com) 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.

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

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