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Server Security Market to Surpass US$26.1 Billion in 2022, Driven by Growing Number of Cyberattacks

Germany should represent nearly 6.2% of the Europe server security market share to 2032. Rising number of cyber attacks in the IoT ecosystem is driving the demand for server security solutions. small and medium-sized enterprises (SMEs) to adopt robust security solutions to prevent server-based attacks

NEWARK, Del., July 12, 2022 /PRNewswire/ — According to Future Market Insights (IMF), the server security market is expected to grow at a remarkable CAGR of approximately 7.1% from 2022-2032.

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The report further indicates that the market is expected to reach a valuation of ~$26.1 billion by the end of 2022 and $51.7 billion by 2032. The growing need to protect corporate networks against sophisticated cyber attacks is expected to drive the growth of the server security market over the forecast period.

Cloud-based server security software solutions allow businesses to improve their network security at a relatively low cost. Sales of these software solutions are expected to increase with the growing need to prevent unauthorized access and misuse of network resources.

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Additionally, server security software solutions are growing in popularity as enterprises strive to protect their networks from critical cyberattacks such as denial of service (DoS), distributed denial of service (DDoS), man middle. (MitM), SQL injection attack, cross-site scripting software (XSS) attack, TCP SYN flood attack, botnets and session hijacking attacks.

Thus, to maintain network security of various systems against such network attacks and hacks, organizations will likely continue to adopt cloud server security software solutions in the coming years.

Highlights: Server Security Market

  • By solution, the software segment is expected to dominate the global server security market and grow at a CAGR of approximately 7.7% between 2022 and 2032.

  • By deployment, the cloud-based segment is expected to dominate the global market with a CAGR of nearly 9.0% between 2022 and 2032.

  • Based on company size, demand for server security software solutions in small and medium-sized businesses (SMBs) is expected to grow 2.3x over the next decade.

  • By industry, the healthcare segment is expected to show significant growth at a CAGR of around 10.2% between 2022 and 2032.

  • By region, the North America The server security market held the highest share of around 29.6% in 2021.

“The urgent need to prevent data misuse, accelerate network downtime, and protect corporate networks from server-based cyberattacks should push the deployment of server security solutions to the over the forecast period,” said an IMF analyst.

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The global server security market is expected to grow steadily owing to the growing demand for cybersecurity solutions to protect servers from sophisticated cyberattacks. A wide variety of services are provided by a server to external and internal users of an organization and therefore it is prone to hacking.

Also, various servers such as 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 cyberattacks, companies are adopting innovative server security solutions. Due to the above-mentioned factors, the global server security market will witness considerable growth during the forecast period.

Key players:

  • IBM

  • Sophos

  • Palo Alto Networks

  • Cloudy

  • DDoS-Guard

  • HaltDos

  • End of Game

  • Comodo

  • Cisco

  • nexus guard

  • Fortinet

  • Orange

  • Tata Communication

  • Checkpoint Software

  • SAP

  • Open-minded networks

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Trend of remote working to push the deployment of server security solutions

Server security solutions help organizations improve their cybersecurity policies with the help of reporting, monitoring, detecting and countering threats against cyberattacks. The growing trend towards remote working culture creates a big challenge in terms of cybersecurity.

As employees work from home and are connected to the Internet or personal Wi-Fi, the network security risk is high. This in turn can hamper a company’s confidential data, as hackers can easily steal sensitive information. Therefore, several organizations are expected to implement innovative server security solutions to protect endpoints from cybercriminals and sophisticated cyberattacks.

More Valuable Insights on Server Security Market:

Future Market Insights report on server security industry research is segmented into five main sections – solution (software and services), deployment (on-premises and cloud-based), company size (large enterprises and small and medium-sized enterprises (SMEs), industry (IT and telecommunications, BFSI, healthcare, retail, manufacturing, government and defense, education and others) and region (North America, Latin America, Europe, East Asia, South Asia & Pacific, and the Middle East & Africa) to help readers understand and evaluate the lucrative opportunities in the server security demand outlook.

Global Server Security Market Outlook by Category

By Solution:

Per deployment:

By business size:

By industry:

  • IT & Telecom

  • BFSI

  • Government & Defense

  • Health care

  • Detail

  • Manufacturing

  • Education

  • Others

By region:

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About Future Market Insights Electronics, Semiconductors and ICT Division

Expert analysis, strategic recommendations and actionable insights Future Market Insights’ Electronics, Semiconductors and ICT team helps clients around the world meet their unique business intelligence needs. With a repository of over 500 electronics, semiconductors and ICT reports, of which over 100 reports are specifically on games, the team provides end-to-end research and analysis on regional trends, market growth drivers and research development efforts in the electronics, semiconductor and ICT industry

Contents

1. Summary

1.1. Global Market Outlook
1.2. Demand Side Trends
1.3. Supply-side trends
1.4. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limits

3. Key Market Trends

3.1. Key trends impacting the market
3.2. Product Innovation / Development Trends

4. Price analysis

4.1. Price analysis, by solution
4.2. Comparative analysis of world average prices

5. Global Server Security Market Demand Analysis (Value in US$ Billion) 2017-2021 and Forecast, 2022-2032

5.1. Historical Market Value Analysis (USD Billion), 2017-2021
5.2. Current and Future Market Value Projections (USD Billion), 2022-2032

The table of contents continues..!

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Smart Personal Protection and Security Devices Market Trends – From 2022 to 2032, the global smart personal protection and security devices market is expected to grow at a CAGR of 7.4%.

Enterprise Web Security Market Forecast – Global demand for enterprise web security is expected to exceed US$3.2 billion in 2022. With a CAGR of 7.0%, sales of enterprise web security solutions will business is expected to reach US$7.6 billion by 2032.

Serverless Computing Market Sales – Serverless computing has allowed organizations to focus more on their core products and services rather than their IT infrastructure.

Server Microprocessor Market Demand – Server Microprocessor Market North America is expected to dominate the market, owing to the increase in enterprise cloud data volumes.

Server Management Software Market Growth – North America dominates the global server management software market as the region is the most technologically developed and with the maximum resources

About Future Market Insights (IMF)

Future Market Insights (ESOMAR certified market research organization and member of Greater New York Chamber of Commerce) provides detailed information on the driving factors that increase the demand in the market. It reveals opportunities that will drive market growth in various segments on the basis of source, application, sales channel, and end-use over the next 10 years.

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SOURCE Future Market Outlook