Security Software in Telecom Market 2018: Global Projection, Comprehensive Study, Solutions, Services Forecast to 2025

Market Highlights:

Effective communication is needed to progress. With the advents of telecommunication, the leaps for the civilization have been sky high, and growth has been unprecedented. The idea in telecommunication is basically to transmit signs, signals, messages, and another form of information via wire, radio, optical, or electromagnetic system. Its impact on a country’s economic growth is immense. But it is fraught by the risk of exposure as the next generation networks and the interconnection of the public switched telephone network (PSTN), along with mobiles has increased the attack surface.

At the same time, the end-user devices are making networks more complex spurring their vulnerabilities. This has led to the adoption of security software in telecom business owing to which the market is witnessing rise on an ever-ascending path. The global security software in telecom market is expecting an impressive growth by 13.8% CAGR during the forecast period (2018-2025) and reach a valuation of USD 8,923.8 million by 2025 from its previous value of USD 3,210 million in 2017. The report published by Market Research Future (MRFR) has a detailed analysis that holds prediction for the market in the coming years.

The internet has simplified communication process substantially, but it has increased the risk of data theft as well. Internet’s prolific run has encouraged telecom providers in taking Internet of Things (IoT) to the next level. This allows data to get transferred from peer to peer who has cemented its market position in the telecom industry. But at the same time, it is making the entire system prone to cyber-attacks that can breach the security and steal confidential data. Protection from such attacks can spur the demand for security software in the telecom market.

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Key Competitors:

• IBM (the U.S.),


• Symantec (the U.S.),


• McAfee (the U.S.),


• Dell EMC (the U.S.),


• Trend Micro Inc. (Japan),


• Imperva (the U.S.),


• AVG Technologies (the Netherlands),


• Cisco Systems Inc. (the U.S.),


• Check Point Software Technologies Ltd. (the U.S.),


• Fortinet (the U.S.),


• F-Secure Corporation (Finland).

The global Security Software in Telecom Market is expecting an impressive growth by 13.8% CAGR during the forecast period (2018-2025) and reach a valuation of USD 8,923.8 million by 2025 from its previous value of USD 3,210 million in 2017.

Segmentation:

The global security software in telecom market can be segmented by deployment type and application.

Based on deployment type, the security software in telecom market can be segmented into cloud and on-premise. The on-premise segment is at the top presently with a valuation of USD 1,745.3 million in 2017 and can go up to USD 4,610.8 million by 2025 with a 13.1% CAGR during the forecast period. However, the cloud segment can attain faster CAGR of 14.7% during the forecast period and reach a valuation of USD 4.313 million by 2025.

Application-wise, the security software in telecom market can be segmented into small & medium enterprises (SMEs), large enterprises, and government organizations. Large enterprises segment is presently dominating the market with a worth of USD 1,321.1 million in 2017, which government organizations can surpass by 2025 and achieve USD 3,553.4 million. However, SMEs can expect the fastest CAGR of 15.3% during the forecast period.

Regional Analysis:

Geographically, the global security software in telecom market spans across North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW).

North America is currently leading the global market with a market worth of USD 1162.9 million in 2017. Their infrastructural superiority and market players operating from the region are giving the regional market an edge over the rest. The market can reach a valuation of USD 2886.7 million with a 12.2 % CAGR during the forecast period.

Europe, with infrastructural advantage, is giving steep competition to the North American market. Its market value can go up to USD 2706 million with a CAGR of 14.6% during the forecast period. The APAC market is showing great promises. Emerging economies hold all the prospect of the security software in telecom market. The regional market can earn the fastest CAGR of 15.5% during the forecast period to reach a valuation of USD 1651,7 million by 2025.

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Research Methodology:

The research has its foundation on impeccable methodologies applied by deft research analysts at Market Research Future (MRFR) which delivered the best. The report is an excellent result of expert handling of the market and banks on two approving methodologies; primary and secondary. The primary method provides data from interviews and discussions with the significant market players and then analyses it to give insights on the said market. The secondary method allows top-down and bottom-up approaches which offer a holistic view of the entire industry. The report also contains a comprehensive examination of the market trends, factors, and expert inputs in a bid to give the users an edge over their peers.

List of Tables

TABLE 1 LIST OF ASSUMPTIONS

TABLE 2 GLOBAL SECURITY SOFTWARE IN TELECOM MARKET, BY DEPLOYMENT TYPE, 2017-2025 (USD MILLION)

TABLE 3 GLOBAL SECURITY SOFTWARE IN TELECOM MARKET, BY APPLICATION, 2017-2025 (USD MILLION)

TABLE 4 GLOBAL SECURITY SOFTWARE IN TELECOM MARKET, BY REGION, 2017-2025 (USD MILLION)

TABLE 5 NORTH AMERICA: SECURITY SOFTWARE IN TELECOM MARKET, BY COUNTRY, 2017-2025 (USD MILLION)

TABLE 6 NORTH AMERICA: SECURITY SOFTWARE IN TELECOM MARKET, BY DEPLOYMENT TYPE, 2017-2025 (USD MILLION)

TABLE 7 NORTH AMERICA: SECURITY SOFTWARE IN TELECOM MARKET, BY APPLICATION, 2017-2025 (USD MILLION)

TABLE 8 US: SECURITY SOFTWARE IN TELECOM MARKET, BY DEPLOYMENT TYPE, 2017-2025 (USD MILLION)

TABLE 9 US: SECURITY SOFTWARE IN TELECOM MARKET, BY APPLICATION, 2017-2025 (USD MILLION)

TABLE 10 CANADA: SECURITY SOFTWARE IN TELECOM MARKET, BY DEPLOYMENT TYPE, 2017-2025 (USD MILLION)

Continued……

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