Technology & Telecommunications

Network Security Equipment: Market Size, Growth & Forecast to 2030

The Network Security Equipment market is valued at about $28.5 billion (2026) and is projected to grow at a 9.4% CAGR through 2030. The largest cost driver is Semiconductors and specialized processing chips (35% of spend). North America leads demand at 40%.

Market size
$28.5 bn (2026)
CAGR to 2030
+9.4%
Buyer power
Favours buyers
Tracked suppliers
45
Projected market growth (index, 2026 = 100)
Base year 2026
Official data · Claight projectionForecast
Market size index, 2026 = 100, at the 9.4% CAGR.
Forecast
2026
2027
2028
2029
2030
2031
2026 base: 1002031 est: 157

Cost structure

Semiconductors and specialized processing chips
35%
Proprietary software development and firmware R and D
25%
Electronic component assembly and contract manufacturing
15%
Technical customer support and security subscription services
15%
Global logistics and distribution
10%

Regional demand split

North America demand
40%
Europe demand
25%
Asia Pacific demand
20%
Rest of world demand
15%

Key suppliers

Palo Alto NetworksFortinetCisco SystemsCheck Point Software TechnologiesJuniper NetworksZscaler
Read the full Network Security Equipment report →

Claight market analysis of proprietary and public data. Full report: /category-intelligence/network-security-equipment