Latest news with #SRXSeriesFirewalls
Yahoo
12-05-2025
- Business
- Yahoo
Network Security Market to USD 79.7 Billion by 2032, Driven by Rising Demand for Cybersecurity Automation
Rising network complexity, multi-cloud adoption, and strict regulations are fueling demand for automated cybersecurity solutions. Pune, May 12, 2025 (GLOBE NEWSWIRE) -- Network Security Market Size Analysis: 'According to SNS Insider, the Network Security Market was valued at USD 22.2 billion in 2023 and is projected to reach USD 79.7 billion by 2032, growing at a CAGR of 15.29% during the forecast period of 2024–2032.'Get a Sample Report of Network Security Market@ Major Players Analysis Listed in this Report are: Cisco Systems, Inc. – Cisco Secure Firewall Palo Alto Networks, Inc. – Prisma Access Fortinet, Inc. – FortiGate Next-Generation Firewall Check Point Software Technologies Ltd. – CloudGuard Network Security Juniper Networks, Inc. – SRX Series Firewalls IBM Corporation – IBM QRada McAfee LLC – McAfee Total Protection Symantec Corporation (Broadcom Inc.) – Symantec Endpoint Protection Trend Micro Inc. – Deep Security Sophos Group plc – Sophos Intercept X Kaspersky Lab – Kaspersky Security Center Zscaler, Inc. – Zscaler Internet Access F5, Inc. – BIG-IP Advanced Firewall Manager Proofpoint, Inc. – Proofpoint Email Security Barracuda Networks, Inc. – Barracuda Web Application Firewall Network Security Market Report Scope: Report Attributes Details Market Size in 2023 USD 22.2 Billion Market Size by 2032 USD 79.7 Billion CAGR CAGR of 15.29% From 2024 to 2032 Base Year 2023 Forecast Period 2024-2032 Historical Data 2020-2022 Key Regional Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe [Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) Key Growth Drivers Increasing cyber threats and rising awareness of data breach risks are driving demand for advanced network security solutions. The U.S. network security market is witnessing robust growth due to rising cyber threats, digital transformation, and regulatory compliance needs. In 2023, the market was valued at USD 5.7 billion and is projected to reach USD 20.1 billion by 2032, growing at a CAGR of 14.98% during 2024–2032. Increasing investments in AI-driven threat detection and zero-trust security frameworks are further accelerating market expansion. By Deployment: On-Premise Segment Dominated the Market, Cloud Segment Registered Fastest CAGR The on-premise segment dominated the market in 2023 and accounted for 59% of revenue share, on account of greater control of the security of their infrastructure by the companies. On-premise is generally preferred by industries with strict data privacy and compliance needs, like healthcare and finance, as they can stay in control of their data, and the configurations for security can be customized. This section is anticipated to continue to lead the market owing to the dire necessity of security at the local level of society. The cloud segment is expected to register the fastest CAGR during the forecast period. Cloud-based security solutions are gaining traction across different industry verticals, owing to their scalability, cost-effectiveness, and easy deployment. A further surge in demand for cloud-native security services is coming from the accelerating move to remote working and digital transformation programs. By Type: Firewalls Dominated the Market, VPN Segment Registered Fastest CAGR Firewalls segment dominated the market in 2023 and accounted for a significant revenue share, as they are the first step of protection against cyberattacks. Being capable of governing and regulating, and controlling traffic in the network, depending on the previously established security measurements, keeps the firewalls as a necessary part of any network security system. Their dominance in the market is preserved through the ongoing development of firewall technologies, such as next-generation firewalls combined with intrusion prevention systems. The VPN segment is expected to register the fastest CAGR throughout the forecast period. The increase in teleworking and the necessity to safely access the company network support the demand for VPN applications. And with an increasing number of people using public Wi-Fi, customers are demanding VPN services. By Enterprise Size: Large Enterprises Dominated the Market, while Small & Medium Enterprises (SMEs) Segment Registered Fastest CAGR The large enterprise segment dominated the market and accounted for 59% of revenue share, which invested big bucks in high-end security infrastructure and has complex network environments. Such companies focus on all-encompassing security measures to safeguard large amounts of sensitive information and keep their business running. The SMEs are predicted to grow faster during the forecast period. With cyber threats on the rise, more and more SMEs are acknowledging the need for effective security. With scalable and affordable secure solutions designed for SMEs, it becomes easier for SMEs to adopt network security technologies. By Industry: The IT and Telecommunications Segment Dominated the Market, while the Manufacturing Segment Registered the Fastest CAGR The IT and telecommunications segment dominated the market in 2023, owing to the pressing requirement to safeguard extensive networks and sensitive customer information. As the market is undergoing a wholesale digital transformation and the number of Connected devices continues to grow, it leaves big challenges in security. The manufacturing segment is expected to grow fastest owing to the application of IoT and automation technologies, which find application in production. These developments also expose security threats, which lead manufacturers to consider investing in strong network security. Do you have any specific queries or need any customization research on Network Security Market, Make an Analyst Call @ Network Security Market Segmentation: By Deployment Cloud On-premise By Type Firewalls Antivirus and antimalware software VPN Wireless security Others (Data loss prevention, Intrusion prevention systems etc.) By Enterprise Size Small & Medium Enterprises (SMEs) Large Enterprises By Industry BFSI IT and Telecommunications Retail Healthcare Government Manufacturing Travel and Transportation Energy and Utilities Others (Education, etc.) By Region: North America Dominated the Market while Asia Pacific Registered the Fastest CAGR North America dominated the market and accounted for the largest share of more than 34% in 2023, due Increase in the presence of large security vendors, significant refinement of IT infrastructure, and a stringent regulatory environment. Its aggressive stance on the latest security technology ensures its supremacy in the network security industry. The Asia Pacific is expected to register the fastest CAGR during the forecast period, with the digital transformation that is ongoing at a rapid pace, improved internet penetration, and increased awareness of the cybersecurity threat landscape. Government efforts and investments in IT infrastructure also foster the growth of network security solutions in this region. Recent Developments in 2024: February 2024: Palo Alto Networks announced updates to its Panorama solution, enhancing AI-driven policy automation features for hybrid and multi-cloud environments. March 2024: Cisco Systems launched new capabilities for its Secure Network Analytics platform, integrating enhanced threat detection and response. Table of Contents – Major Key Points 1. Introduction 2. Executive Summary 3. Research Methodology 4. Market Dynamics Impact Analysis 5. Statistical Insights and Trends Reporting 6. Competitive Landscape 7. Network Security Market Segmentation, by Deployment 8. Network Security Market Segmentation, by Type 10. Network Security Market Segmentation, by Industr 11. Regional Analysi 12. Company Profiles 13. Use Cases and Best Practices 14. Conclusion About Us: SNS Insider is one of the leading market research and consulting agencies that dominates the market research industry globally. Our company's aim is to give clients the knowledge they require in order to function in changing circumstances. In order to give you current, accurate market data, consumer insights, and opinions so that you can make decisions with confidence, we employ a variety of techniques, including surveys, video talks, and focus groups around the world. Related Reports: Zero Trust Security Market Container Security Market BFSI Security Market Cloud Data Security Market CONTACT: Contact Us: Jagney Dave - Vice President of Client Engagement Phone: +1-315 636 4242 (US) | +44- 20 3290 5010 (UK)Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Tahawul Tech
03-03-2025
- Business
- Tahawul Tech
Juniper Networks introduces purpose-built solution for GPUaaS and AIaaS providers
Juniper Networks, a leader in secure, AI-Native Networking, recently announced a new solution purpose-built for neocloud, traditional SPs and other AI cloud providers who are deploying and managing GPUaaS (GPU-as-a-Service) and AIaaS (AI-as-a-Service) offerings. The new solution accelerates time-to-market, simplifies operations, and lowers the cost of managing these services, all while delivering high-performance data centre networks that are optimised for multi-tenant environments. This is the latest Networks for AI solution introduced by Juniper, who is experiencing strong momentum in the AI data centre space as companies worldwide seek for industry-leading switching, routing, security and automated operations. Enterprises are turning to neocloud, traditional SPs and other AI cloud providers for on-demand AI services to reduce costs and improve time-to-market. These companies build optimised infrastructure to deliver better performance and offer more competitive pricing, particularly by enabling a pay-as-you-go model for expensive hardware like GPUs, making AI development more accessible. Such providers are typically more agile and responsive, offering cutting-edge AI technologies with greater flexibility and customisation. Some also focus on data sovereignty and privacy, catering to organisations with strict regulatory requirements. Juniper's solution provides a powerful and secure way to deploy highly optimized, cost-effective and multi-tenant cloud-based AI services. It delivers high-performing, scalable and secure networks for cloud-based AI services such as training and inference with Retrieval Augmented Generation (RAG). It is quick-to-deploy and easy-to-manage, providing time-to-market advantages to AI cloud providers. The solution today consists of QFX Series Switches, PTX Series Routers and SRX Series Firewalls managed via Juniper Apstra® data centre assurance software and Mist AI™. The solution delivers these key benefits: Automation accelerates deployment and simplifies operations By leveraging a combination of intent-based networking and Mist AI, Juniper simplifies Day 0/1/2+ operations and reduces ongoing costs by up to 85 percent in some instances, with up to 10x reduction in deployment time. Through an integration with Red Hat® OpenShift®, even more automation benefits can be achieved in Kubernetes environments. Zero Trust Security and Multi-tenancy protects users and data Juniper's Zero Trust DC Security portfolio, along with EVPN VXLAN capabilities within Juniper switches, provide multi-tenancy capabilities, and protects the AI infrastructure, models and confidential data from internal and external threats. Juniper's SRX 4700 next-generation firewall is a power-efficient, 1 U device designed for service providers, cloud providers and large enterprises. It delivers the industry's highest firewall throughput per rack unit, up to 1.4 Tbps, and supports 400 Gbps interfaces with wire speed MACsec to safeguard data in motion. Validated solutions provide confidence With Juniper's Ops4AI Lab, managed providers can validate their AI models prior to actual deployment across various networking, compute and storage platforms and configurations. In addition, Juniper Validated Designs (JVDs) exist for multi-vendor AI blueprints, including NVIDIA and AMD accelerated computing, Weka and VAST storage. These tools ensure confidence and expedite GPUaaS and AIaaS deployment times. Open flexibility avoids vendor lock-in Juniper has the only multi-vendor solution for DC fabric management and automation, making it the most flexible to design and simplest to manage. Juniper also has unique capabilities to optimize AI workload performance over Ethernet, allowing providers to use open and proven technologies and products that avoid vendor lock-in. With a runway to 1.6 Tbps/port switches and multi-vendor support for GPU-agnostic systems, Juniper reduces costs, assures faster innovation, maximizes design flexibility and avoids supply chain challenges. Continued momentum in AI DC As a leader in AI-Native Networking and AI technologies, Juniper's early bet on 'Networks for AI' is paying off with strong market success. First to ship 800G Ethernet switches among OEMs, Juniper now commands a leading 49 percent share of the 800G OEM market, according to 650 Group's Q1-Q3 2024 revenue shipment report published in December 2024. With AI-optimised solutions, Open4AI Lab and white-glove service to customers, Juniper has been winning many AI DC customers. Juniper AI data centre solutions are powering networks from the world's largest ACP, with hundreds of thousands of GPUs, to enterprise deployments. Image Credit: Juniper Networks
