Network Security Industry Reaches $111 Billion, with Cisco, Palo Alto & Fortinet at the Helm

Sheetal2303 Feb, 2025Technology

The global Network Security Market size is projected to grow from USD 78.2 billion in 2024 to USD 111.0 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period, according to a new report by MarketsandMarkets™.Smart devices, IoT, have been noticeably used for the conduct of cyber attacks. So, the end users are highly demanding reliable network security solutions.