In MarketsandMarkets generated report, it has been forecasted that by the year 2019, this market will grow to $15.55 billion. In this report, the wireless network security market has been segmented on the basis of solutions, services, end users, verticals, and regions. This report contains 90+ market tables, which provide a very clear picture of the future possibilities in this market.
Wireless networks have proved to be a boon for enterprises as they reduce deployment time and operational costs while increasing the data transfer capacity. Earlier data transfer capabilities of wireless networks were limited in terms of range and volume, but now, as the communication technologies have advanced, the wireless networks have become an obvious choice for the enterprises. Despite having several fruitful features, these networks also brings some unseen threats in the organization, such as vulnerability for cyber crimes. Most of the organizations have deployed wireless intranets which are used as the backbone for data transfer and communication within the organization. If somebody hacks in or gains unauthorized access in that network, intentionally or unintentionally, it can cause a lot of trouble for the organization as it may result into data lose/theft. As we know that data, today, is as important as money and other resources, an organization cannot bear such risk. That is where wireless network security solutions and services come into picture. These solutions provide a secure environment for wireless networks and protect them against unauthorized access.
One of the major drivers responsible for high adoption of wireless network security is the increased adoption of wireless devices at workplace, as it makes the enterprise wireless network more open and hence more vulnerable to potential threats. Policies such as BYOD have increased the revenue generation capabilities but for a price.
Technological advancements have immensely supported enterprises in several aspects but the purpose of the use of that technology totally depends on the user. As vendors try to offer security solutions to the enterprises based on newer technologies and tools, same technologies and tools are being used by cyber criminals to breach the security. With the help of advanced technologies and tools such ill-intentioned criminals infiltrate the enterprise networks which could result in severe revenue or data losses. Hence vendors come up with new solutions all the time to provide robust network infrastructure security to enterprises.
The major offerings in this market are the solutions and services. Solutions are either hardware-based or software-based or the combination of both. These solutions not only analyze the network traffic but also alert on unusual/unauthorized requests and access. Services in this market play a very crucial role, as network security is of utmost importance today. Services can be categorized in security operations, consulting, and managed services.
Wireless network security market is flooded with the presence of several vendors. Some of these vendors provide standard solutions but many of them offer customized (as per client request/demand) offerings as well. The major vendors in this market are ADT, Robert Bosch, Lockheed Martin, Brocade, Cisco, Motorola Solutions, and Symantec among others.
Wireless Network Security Market by Solutions (Firewall, IPS/IDS, Encryption, I&AM, UTM), Services (Security Operations, Consulting, Managed Security Services) - Worldwide Market Forecasts and Analysis (2014-2019)
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