According to a new report, published by KBV research, The Global Adaptive Security Market size is expected to reach $30.2 billion by 2030, rising at a market growth of 17.4% CAGR during the forecast period.
The Network Security segment acquired maximum revenue in the Global Adaptive Security Market by Application in 2022; thereby, achieving a market value of $8.8 billion by 2030. Although network security plays a critical role in adaptive security, it is important to note that it incorporates a broader range of security technologies and methods. As businesses increasingly employ cloud-based services and infrastructure, this segment is anticipated to experience consistent growth, creating lucrative opportunities for market expansion.
The IT & Telecom segment would register a CAGR of 16.1% during (2023 - 2030). The IT and telecommunications sectors are the most technologically advanced and extensively depend on software applications, networks, and infrastructure. Consequently, the IT and telecommunications industries are ideal targets for cyber threats requiring sophisticated security solutions. The accelerated growth of the IT and telecommunications sectors in the Adaptive Security Market represents the increasing demand for such solutions within businesses attempting to safeguard their networks, assets, and data against cyber threats.
The Solution segment captured the highest revenue in the Global Adaptive Security Market by Component in 2022; thereby, achieving a market value of $20.8 billion by 2030. By optimizing security operations and enabling informed decision-making, adaptive security solutions have an invaluable impact on businesses and organizations. The segment's development is attributable to technological advancements that enable adaptive security systems to transform industries worldwide, including BFSI, manufacturing, healthcare, and others.
The Cloud market would witness a CAGR of 19.1% during (2023 - 2030). The upfront cost to deploy cloud security is lower than traditional on-premises tools, allowing businesses to save money and personnel. Additionally, the vendor provides the bandwidth, IT personnel, and infrastructure necessary for data security. Due to increased agility, reduced capital costs, and streamlined operations (from software to infrastructure-as-a-service), businesses rapidly adopt cloud-based solutions and services, which necessitate dynamic cloud security. This new environment requires adaptive cloud-based security.
The North America region dominated the Global Adaptive Security Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.5 billion by 2030. The Europe market is poised to grow at a CAGR of 16.9% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 18% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/adaptive-security-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Fortinet, Inc., Trend Micro, Inc., Rapid7, Inc., IBM Corporation, Cisco Systems, Inc., Aruba Networks (Hewlett Packard Enterprise Company), Juniper Networks, Inc., RSA Security LLC (Symphony Technology Group), Cloudwick Technologies, Inc. and Panda Security S.L.U. (WatchGuard Technologies, Inc)
By Application
By Industry
By Component
By Deployment Mode
By Geography
Companies Profiled
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