By 2029, Wireless Network Security Market Size is Projected to Reach US $ 58.14 Billion
– Jennifer Muse
By 2029, the global wireless network security market size is projected to reach US$ 58.14 billion. This growth can be attributed to the increasing demand for wireless network security solutions for the protection of the massive amounts of confidential data being stored, transferred, and exchanged in a wide range of industries such as healthcare, manufacturing, retail, and banking. Wireless network security solutions provide users with secure access to networks, data, and applications, as well as the ability to provision secure connections and monitor and detect threats in real-time. The adoption of such solutions is expected to fuel the growth of the market in the years to come. Furthermore, the growing number of cyber-attacks across the world is likely to accelerate the market growth. Hackers have become more targeted and sophisticated with their attacks which are resulting in economic losses and the leakage of confidential data, thus providing further impetus to the growth of the market. The growing trend of the Internet of Things (IoT) and Bring Your Own Device (BYOD) driven by the need for increased mobility is also increasing the need for secure networks, thereby boosting the growth of the market. Additionally, the need for enhanced network performance in terms of speed, coverage, and capacity with changing business network requirements will
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