Security News > 2021 > September > Network security market growth driven by remote work popularity and security needs

Frost & Sullivan's recent analysis of the Asia-Pacific network security market finds that the increasing acceptance of remote work and adoption of cloud, the remote workplace, collaboration, and security are driving growth.

The network security market is expected to grow steadily by 2025.

The emergency adoption of remote work due to the pandemic has led to investments in upgrading security control systems to protect remote employees.

As a result, the buoyant market is estimated to hit $7.32 billion by 2025 from $5.12 billion in 2020, registering steady growth at a compound annual growth rate of 7.4%. "From a technology perspective, as demand for secure software-defined wide-area network and secure cloud edge services solutions soars, the network firewall segment will continue to be the leading force for the overall NWS market growth over the forecast period," said Vivien Pua, Information & Communication Technology Industry Analyst at Frost & Sullivan.

"Similarly, the secure remote access segment is expected to maintain its strong growth momentum, mainly fueled by the increasing need for high-performance, secure remote access that has been soaring due to work-from-home environments."

Short-term demand for secure remote access and zero-trust network access: Vendors need to review their channel partner strategy to drive better business outcomes and channel partner engagement.

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