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Editing: 16; Published: January 2022
Executive Pool: 17672
Companies: 387 – Players covered include Cisco Systems, Inc.; Hewlett Packard Enterprise Development LP (HPE); Honeywell International, Inc.; IBM Corporation; Siemens AG and others.
Cover: All major geographies and key segments
segments: Segment (network security)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; UK; Spain; Russia; and rest of Europe); Asia Pacific (Australia; India; South Korea; and rest of Asia Pacific); Latin America (Argentina; Brazil; Mexico; and rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and rest of Middle East); and Africa.
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Global network security market to reach $6.8 billion by 2026
Amid COVID-19 crisis, Global Network Security Market Estimated at US$5.5 billionis expected to reach a revised size of US$6.8 billion by 2026, growing at a CAGR of 3.5% over the analysis period. Hardware, one of the segments analyzed in the report, is expected to register a CAGR of 2.9% and reach US$4.5 billion at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and induced economic crisis, Software segment growth is readjusted to a revised CAGR of 4.5% for the next 7-year period.
The US market is estimated at $1.5 billion in 2021, when China is expected to reach $1.4 billion by 2026
The network security market in the United States is estimated at US$1.5 billion in the year 2021. Chinathe second largest economy in the world, is expected to reach a projected market size of US$1.4 billion by 2026 with a CAGR of 6.2% over the analysis period. Other notable geographic markets include Japan and Canada, each predicting growth of 1% and 2.6% respectively over the analysis period. In Europe, Germany is expected to grow at a CAGR of approximately 1.7%. After
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About Global Industry Analysts, Inc. and StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving over 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for over 33 years.
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