The worldwide community safety market is on monitor to develop from $24 billion in 2024 to $38 billion by 2029, in line with a brand new five-year forecast report by Dell’Oro Group. The expansion, pushed by hybrid work, cloud migration, and AI-powered cyber threats, marks a shift in enterprise safety spending priorities – notably towards software program and SaaS-based options.
Dell’Oro Group’s evaluation consists of key safety segments similar to firewalls, Safety Service Edge (SSE), conventional Safe Internet Gateway (SWG) home equipment, Internet Software Firewalls (WAF), and Software Supply Controllers (ADC).
Whereas all classes contribute to the market’s total growth, SaaS and software-based choices are anticipated to considerably outpace bodily home equipment, practically doubling income to $22 billion by 2029.
“Enterprises are accelerating the transfer to elastic, cloud-centric safety to allow them to adapt as rapidly because the menace panorama evolves,” stated Mauricio Sanchez, Senior Director of Enterprise Safety and Networking at Dell’Oro Group. “Distributors that fuse networking and safety into built-in software program and SaaS-based platforms will seize the lion’s share of the $38 billion alternative forward.”
Among the many report’s key takeaways:
- Firewalls will stay the dominant section by income, rising at an 8% CAGR, with digital deployments surpassing {hardware} refreshes
- SSE, a class encompassing cloud-delivered safety for distributed customers and purposes, is forecast to double to $11 billion, rising at 14% yearly
- WAF income can be anticipated to develop 14% CAGR, buoyed by elevated demand for API safety and cloud-native utility safety
- ADC income will stay secure, with 1% CAGR, as software program deployment offsets a declining urge for food for devoted {hardware}
- Conventional SWG home equipment are set to say no at a 4% CAGR as enterprises shift towards SSE options
The Dell’Oro Group findings spotlight the structural shift underway in community safety, as enterprises undertake scalable, cloud-native defenses to maintain tempo with digital transformation and evolving cyber threats.
The Community Safety 5-year projections, that are revealed by Dell’Oro Group, present an intensive trade overview with tables that embrace the identical sectors and indicators which might be included in our quarterly studies. Moreover, by together with historic knowledge again to 1998, the predictions would supply an intensive abstract of market patterns.
