The server security market is expected to grow at a noteworthy CAGR of 7.1% from 2022-2032. The report further states that the market is expected to reach a valuation of US$ 26.1 Billion by the end of 2022 and US$ 51.7 Billion by 2032. The increasing need to protect enterprise networks from sophisticated cyber-attacks is set to drive growth in the server security market during the forecast period.
Cloud-based server security software solutions allow businesses to improve their network security at a relatively low cost. Sales of such software solutions are projected to surge with the increasing need to avoid unauthorized access and misuse of network resources.
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Moreover, server security software solutions are gaining immense popularity as companies are striving to protect their networks from critical cyber-attacks like denial-of-service (DoS), distributed denial-of-service (DDoS), man-in-the-middle (MitM), SQL injection attack, cross-site scripting (XSS) software attack, TCP SYN flood attack, botnets, and session hijacking attacks.
Thus, to maintain the network security of various systems from such attacks and network hacks, organizations are likely to continue to adopt cloud server security software solutions in the forthcoming years.
Key Takeaways from the Server Security Market Report:
- By solution, the software segment is expected to dominate the global server security market and exhibit growth at a CAGR of around 7.7% between 2022 and 2032.
- By deployment, the cloud-based segment is set to lead the global market with a CAGR of nearly 9.0% between 2022 and 2032.
- By enterprise size, demand for server security software solutions in small and mid-sized enterprises (SMEs) is estimated to grow 2.3x in the upcoming decade.
- By industry, the healthcare segment is projected to showcase significant growth at a CAGR of about 10.2% between 2022 and 2032.
- By region, the North American server security market was holding the highest share of around 29.6% in 2021.
The global server security market is set to grow steadily due to increasing demand for cybersecurity solutions to protect servers from sophisticated cyber-attacks. A wide variety of services are provided by a server to external and internal users of an organization and thus it is prone to hacking.
Also, various servers like web, email, database, infrastructure management, and file servers process or store sensitive information for an organization. To access these unauthorized files, an organization’s servers are frequently targeted by cybercriminals.
To protect an organization’s network infrastructure from server-based cyber-attacks, businesses are adopting innovative server security solutions. As a result of the aforementioned factors, the global server security market will witness considerable growth during the forecast period.
Leading Key Players:
- IBM
- Sophos
- Palo Alto Networks
- Cloudflare
- DDoS-Guard
- HaltDos
- Endgame
- Comodo
- Cisco
- Nexusguard
- Fortinet
- Orange
- Tata Communication
- Checkpoint Software
- SAP
- Openmind Networks
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Server Security Market Segmentation:
By Solution:
- Software
- Network Firewalls
- Unified Threat Management Solution
- DDoS Mitigation Solution
- Endpoint Protection Platforms
- Others
- Services
- Professional Services
- Security Consulting
- Implementation Services
- Integration Services
- Support & maintenance
- Managed Services
- Professional Services
By Deployment:
- On-Premises
- Cloud-based
By Enterprise Size:
- Large Enterprises
- Small and Mid-Sized Enterprises (SMEs)
By Industry:
- IT & Telecom
- BFSI
- Government & Defense
- Healthcare
- Retail
- Manufacturing
- Education
- Others
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East and Africa (MEA)
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