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Wireless Network Security Market Trends

Report ID: GMI6441
Published Date: Aug 2023
Report Format: PDF

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Wireless Network Security Market Trends

The rise in remote work and mobility trends are also playing a key role in strengthening the wireless network security industry forecast. According to Buffer, a startling 98% of workers expressed their desire to work remotely, at least occasionally. This shows how much the workforce is coming to value the flexibility, independence, and work-life balance that remote work provides. The surge in remote work arrangements emphasizes the importance of secure wireless connections to protect sensitive corporate data and enable safe remote access, opening new growth avenues for the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of wireless network security was reached USD 24.1 billion in 2022 and is set to witness 12.7% CAGR from 2023 to 2032, led by the increasing adoption of 5G networks.

The BFSI segment held 26% of the wireless network security market share in 2022 and is estimated to reach significant revenue by 2032 attributed to the rising reliance on digital channels and data-driven operations.

North America market accounted for more than 32% revenue share in 2022, owing to advanced technological infrastructure, widespread digital adoption, and extensive use of wireless networks.

Some of the top companies operating in the market are Amazon Web Services Inc., Cisco Systems Inc., Hewlett Packard Enterprise Development LP, Broadcom Inc, Honeywell International, Fortinet Inc., Dell Technologies Inc., and IBM Corporation.