Network Security Market Grows 5.1% Year-Over-Year in Q4 2024, Omdia Reports
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Source: Business Wire
LONDON--(BUSINESS WIRE)--The network security market grew 5.1% year-over-year (YoY) in Q4 2024 and 3.1% for the full year according to Omdia’s market estimates and forecast through to 2029. Palo Alto Networks retained its position as the market leader with a 28.4% share in 2024, driven by steady demand for security appliances and higher adoption of software and SASE components.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250326705945/en/Market ranking of key vendors in the total network security marketOmdia’s report covers key segments of the network security market including integrated security appliances, secure routers, SSL VPN gateways, VPN and firewall software, and network based IDS/IPS.“Palo Alto Networks, Fortinet, Cisco and Check Point continue to lead the network security market with each holding double digit share consecutively for the last five years,” said Ketaki Borade, Omdia Senior Analyst, Infrastructu
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