Global security software in telecom market is expected to grow at CAGR 12.8% during the forecast period , according to a new Straits Research study.

Cyber-attacks have exponentially increased in recent years, which has created a need for cybersecurity solutions. Rapid adoption of advanced technologies, need for network security, and increased internet penetration are collectively expected to drive the security software in telecom market during the forecast period, 2019–2026. The sheer volume of data created around the globe is providing impetus to the security software in telecom market. According to Cisco’s Visual Networking Index, global mobile data is expected to grow at a CAGR of 53% between 2015 and The rising trend of wearable technology and IoT is also expected to boost data volume and subsequently, drive the security software in telecom market.

The Security Software in Telecom market report is the most important research for who looks for complete information on the global trends for the Security Software in Telecom market. This report covers all information on the Global as well as regional markets including old and future trends for market demand, supply, size, competitors, prices and Global predominant vendors' information. the report also provides a complete overview of Security Software in Telecom markets; including key players, types, manufacturing segment, cost, fluid market shares, and market dynamics in 2019.

Some of the prominent players operating in the global security software in telecom market are IBM Corporation (U.S), Symantec Corporation (U.S), CyberArk Software Ltd. (U.S), McAfee, LLC (U.S), Dell Inc. (U.S), Check Point Software Technologies Ltd. (Israel), Avast Software s.r.o. (Czech Republic), Cisco Systems, Inc. (U.S), and Fortinet, Inc. (U.S). Europe is projected to witness significant growth in the security software in the telecom market on account of the rapid adoption of advanced technologies such as cloud technology. Additionally, the growing incidence of security breaches, growth of managed security services, and technological developments in cloud security software are creating opportunities for the region’s security software in telecom market.