The global market for network security is witnessing constant growth, thanks to the increasing visualization of servers resulting in the adoption of innovative and new network security solutions. In addition, the rise in the use of network security solutions by medium- and small-sized businesses across the globe is expected to accelerate the development of the overall market in the next few years. The growing demand for workforce mobility, which is projected to offer improved security solutions in order to protect PDAs, laptops, and smart phones from cyber-attacks and malwares is further anticipated to contribute towards the market’s growth. 

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The tremendously rising use of mobile devices and the rising demand for integrated security solutions are some of the important factors that are anticipated to fuel the growth of the global network security market in the next few years. In addition, a significant rise in the regulatory compliance requirements is likely to accelerate the growth of the overall market in the next few years. The growing popularity of Software as a Service-based network security solutions is considered as a major factor encouraging the growth of the overall market. 

On the flip side, the absence of efficient security solutions and complexity of network infrastructure are estimated to hamper the growth of the global network security market. Additionally, threats arising from open-source network security solutions and technical defects are some of the other factors predicted to inhibit the market’s growth in the next few years. Nevertheless, a significant rise in the number of DDoS attacks and the rising number of mergers and acquisitions are estimated to contribute towards the growth of the market.