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    Security Software Telecom Market

    ID: MRFR/ICT/5496-CR
    101 Pages
    Ankit Gupta
    August 2019

    Security Software in Telecom Market Research Report Information By Component (Solution (Identity and Access Management, Risk and Compliance Management, Encryption, Data Loss Prevention, Unified Threat Management, Security Information and Event Management, Distributed Denial of Service Mitigation and Firewall) and Managed Services and Professional Services, Deployment Mode (Cloud and On-Premise), Security Type (Network, Endpoint, Application, Cloud Security) - Forecast till 2035

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    Security Software Telecom Market Infographic

    Security Software Telecom Market Summary

    The Global Security Software in Telecom Market is projected to grow from 33.9 USD Billion in 2024 to 70.2 USD Billion by 2035.

    Key Market Trends & Highlights

    Security Software in Telecom Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 6.84% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 70.2 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 33.9 USD Billion, reflecting the increasing demand for security solutions in the telecom sector.
    • Growing adoption of advanced security technologies due to rising cyber threats is a major market driver.

    Market Size & Forecast

    2024 Market Size 33.9 (USD Billion)
    2035 Market Size 70.2 (USD Billion)
    CAGR (2025-2035) 6.84%

    Major Players

    IBM Corporation, Dell Inc, Symantec Corporation, Trend Micro Inc., McAfee, Check Point, CyberArk, Oracle Corporation, Imperva, F-Secure, Qualys, HP Enterprise Development LP, Forcepoint, FireEye, Fortinet, Microsoft Corporation, Amazon Web Services, Proofpoint, Palo Alto Networks, F5 Networks, Rapid7, Juniper Networks, Sophos, Splunk

    Security Software Telecom Market Drivers

    Market Growth Projections

    The Global Security Software in Telecom Market Industry is poised for substantial growth, with projections indicating a compound annual growth rate (CAGR) of 6.84% from 2025 to 2035. This growth trajectory is driven by the increasing complexity of cyber threats, regulatory pressures, and the ongoing digital transformation within the telecom sector. As companies prioritize cybersecurity investments, the market is expected to expand significantly, reflecting the critical importance of securing telecom infrastructures in an increasingly interconnected world.

    Growing Demand for IoT Security

    The proliferation of Internet of Things (IoT) devices presents unique security challenges for the Global Security Software in Telecom Market Industry. As telecom operators expand their service offerings to include IoT solutions, the need for specialized security software becomes paramount. Protecting interconnected devices from cyber threats is critical to maintaining customer trust and ensuring service reliability. Consequently, telecom companies are investing in advanced security measures tailored to IoT environments, driving growth in the market as they seek to safeguard their networks and customers.

    Increasing Cybersecurity Threats

    The Global Security Software in Telecom Market Industry is experiencing heightened demand due to the escalating frequency and sophistication of cyber threats. Telecom operators are increasingly targeted by malicious actors seeking to exploit vulnerabilities in networks. For instance, the rise in ransomware attacks has prompted telecom companies to invest heavily in security software solutions. As a result, the market is projected to reach 33.9 USD Billion in 2024, reflecting a growing recognition of the need for robust cybersecurity measures to protect sensitive customer data and maintain operational integrity.

    Adoption of Cloud-Based Solutions

    The shift towards cloud computing is transforming the Global Security Software in Telecom Market Industry. Telecom operators are increasingly migrating their operations to cloud platforms, necessitating advanced security measures to protect data in transit and at rest. Cloud-based security solutions offer scalability and flexibility, enabling telecom companies to respond swiftly to emerging threats. This trend is anticipated to drive significant growth in the market, as organizations seek to leverage the benefits of cloud technology while ensuring robust security protocols are in place.

    Regulatory Compliance Requirements

    Regulatory frameworks are becoming more stringent, compelling telecom companies to adopt comprehensive security software solutions. The Global Security Software in Telecom Market Industry is influenced by regulations such as the General Data Protection Regulation (GDPR) and the Telecommunications Act, which mandate stringent data protection measures. Compliance with these regulations not only safeguards customer information but also mitigates the risk of hefty fines. As telecom operators navigate these complex regulatory landscapes, the demand for security software is expected to surge, contributing to the market's growth trajectory.

    Integration of AI and Machine Learning

    The integration of artificial intelligence and machine learning technologies into security software is revolutionizing the Global Security Software in Telecom Market Industry. These technologies enhance threat detection and response capabilities, enabling telecom operators to proactively identify and mitigate potential risks. AI-driven solutions can analyze vast amounts of data in real-time, providing actionable insights that improve overall security posture. As the industry continues to evolve, the adoption of AI and machine learning is likely to be a key driver of market growth, with projections indicating a market size of 70.2 USD Billion by 2035.

    Key Companies in the Security Software Telecom Market market include

    Industry Developments

    Jan. 28, 2021 – SK Telecom, Dell Technologies, and VMware announced their partnership to develop OneBox MEC, an integrated multi-access edge computing solution. The new software is designed to provide more secure and reliable access to data at edge locations. 

    The OneBox MEC would use the Dell EMC PowerEdge XE2420 server for data-intensive, low-latency edge services to deliver the performance, availability, and security required for CSPs to build their portfolio of private 5G and edge solutions.

    Jan. 27, 2021 – Akamai, a leading global provider of the content delivery network (CDN), and Plume, a leading Wi-Fi software provider, announced their partnership to offer smart-home and smart-business services, including security. The joint offering would give Akamai and Plume access to each other’s customers as well as sales and marketing teams.

    Nov. 05, 2020 – IBM launched its cloud for telecoms and an impressive posse of partners. The IBM Cloud for Telecommunications is an open, hybrid cloud architecture designed to help telecommunication providers address specific challenges of the highly-regulated industry. The cloud for telecoms platform would accelerate business transformation, enhance digital client engagement, improved agility as they modernize their enterprise applications and infrastructure to unlock the power of 5G and edge.

    Future Outlook

    Security Software Telecom Market Future Outlook

    The Security Software in Telecom Market is projected to grow at a 6.84% CAGR from 2024 to 2035, driven by increasing cyber threats and regulatory compliance demands.

    New opportunities lie in:

    • Develop AI-driven security solutions to enhance threat detection capabilities.
    • Expand partnerships with telecom operators for integrated security services.
    • Invest in cloud-based security platforms to cater to remote operations.

    By 2035, the market is expected to achieve robust growth, reflecting heightened security needs in the telecom sector.

    Report Scope

    Report Attribute/Metric Details
      Market Size 2032   USD 45.67 Billion
      CAGR   CAGR 15.4%
      Base Year   2021
      Forecast Period   2022-2032
      Historical Data   2018
      Forecast Units   Value (USD Billion)
      Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
      Segments Covered   Component, Services
      Geographies Covered   North America, Europe, Asia-Pacific
      Key Vendors   IBM Corporation (US) Dell Inc (US) Symantec Corporation (US) Trend Micro (Japan) Check Point (US) CyberArk (Israel) Oracle Corporation (US) Imperva (US) F-Secure (Finland) Qualys (US) HP Enterprise Development LP (US) Forcepoint (US) FireEye (US) Fortinet (US) Microsoft Corporation (US) Amazon Web Services (US)
      Key Market Opportunities   Rising Digitization and Cloud-Based Platforms
      Key Market Drivers   Increasing Cloud Services Create Favorable Market Environment

    Market Highlights

    Author
    Ankit Gupta
    Senior Research Analyst

    Ankit Gupta is an analyst in market research industry in ICT and SEMI industry. With post-graduation in "Telecom and Marketing Management" and graduation in "Electronics and Telecommunication" vertical he is well versed with recent development in ICT industry as a whole. Having worked on more than 150+ reports including consultation for fortune 500 companies such as Microsoft and Rio Tinto in identifying solutions with respect to business problems his opinions are inclined towards mixture of technical and managerial aspects.

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    FAQs

    At what CAGR can the security software in telecom market expand?

    The security software in telecom market can thrive at 15.4% CAGR by 2032.

    What is the estimated valuation for the security software in telecom market?

    The security software in telecom market can value at USD 45.67 Billion by 2032.

    What is the historic value for the security software in telecom market?

    In 2022, the security software in telecom market valued at 30.17 Bn.

    Who are the key players of the security software in telecom market?

    IBM Corporation (US), Symantec Corporation (US), Dell Inc (US), and McAfee (US) are some reputed names in the security software in telecom market.

    What is the regional analysis of the security software in telecom market?

    The North America security software in telecom market poised to achieve high valuation by 2025.

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