Wireless Network Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The wireless network security market is segmented by solution (firewall, encryption, identity, and access management, unified threat management, Intrusion Prevention System (IPS)/Intrusion Detection System (IDS), and other solutions), deployment (on-premise, cloud), end-user industry (BFSI, healthcare, retail, manufacturing, IT & Telecom, government, aerospace, and defense, and other end-user industries) and geography (North America, Europe, Asia-Pacific, Latin America and Middle East and Africa). The market sizes and forecasts are in terms of value (USD million) for all the above segments.

Wireless Network Security Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Wireless Network Security Industry Overview

The wireless network security market is fragmented; many players, such as Cisco Systems, Inc., Juniper Networks, Symantec Corporation, Fortinet, Inc., and Aruba Networks, occupy a smaller market share. The players are pursuing a mergers and acquisitions strategy to strengthen their product portfolio. Also, companies in the market are continually updating their existing product portfolio with the latest technologies.

  • December 2022 - Cradlepoint launched its zero-trust network access (ZTNA) service as part of the NetCloud Exchange (NCX) platform, including its Secure Connect and Advanced SD-WAN products. NetCloud software platform that supports wireless WAN delivered through 4G LTE and 5G wireless edge routers.
  • September 2022 - Broadcom launched the Trident chip targeting advanced enterprise network security by taking advantage of a basic security principle. The new Trident chip, which boasts 12.8 terabits per second (Tbps) of switching capacity, provides enterprises with enhanced security built specifically for the core corporate network layer. The chip offers fingerprinting capability and probes necessary for artificial intelligence (AI) and machine learning-based servers to perform threat detection and response.

Wireless Network Security Market Leaders

  1. Cisco Systems Inc.

  2. Juniper Networks Inc.

  3. Fortinet Inc.

  4. Aruba Networks (HPE)

  5. Broadcom Inc. (Symantec Corporation)

  6. *Disclaimer: Major Players sorted in no particular order
Wireless Network Security Market Concentration