The Worldwide Network Security Industry is Expected to Reach $65 Billion by 2031 at a 12.8% CAGR – QNT Press Release

DUBLIN, Oct. 19, 2022 /PRNewswire/ — The “Global Network Security Market 2021-2031 by Component, Deployment, Industry Vertical, Enterprise Size, Distribution Channel, and Region: Trend Forecast and Growth Opportunity” report has been added to’s offering.

The global network security market will reach $65,005.6 million by 2031, growing by 12.8% annually over 2021-2031, driven by the tremendously rising data traffic due to the use of mobile devices, the rising demand for integrated security solutions, a significant rise in the regulatory compliance requirements, and the growing popularity of Software as a Service in network security.

This report is based on a comprehensive research of the entire global network security market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain.

The report is based on studies…

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