The server security market is anticipated to expand from 2022 to 2032 at a notable CAGR of roughly 7.1 percent, according to Future Market Insights (FMI).
The survey also predicts that the market would be worth US$ 26.1 billion by the end of 2022 and US$ 51.7 billion by the year 2032. During the projected period, a growing need to defend company networks from sophisticated cyber-attacks is anticipated to fuel market expansion for server security.
Businesses can enhance their network security at a minimal cost by using cloud-based server security software solutions. The demand for software solutions to prevent unwanted access and the misuse of network resources is expected to drive up sales of these products.
Additionally, as businesses work to defend their networks from damaging cyberattacks like denial-of-service (DoS), distributed denial-of-service (DDoS), man-in-the-middle (MitM), SQL injection attack, cross-site scripting (XSS) software attack, TCP SYN flood attack, botnets, and session hijacking attacks, server security software solutions are soaring in popularity.
Organizations are therefore expected to keep implementing cloud server security software solutions in the years to come in order to protect the network security of various systems from such attacks and network intrusions.
Due to the rising demand for cybersecurity solutions to shield servers from sophisticated cyber-attacks, the global server security market is anticipated to expand consistently. A server is vulnerable to hacking since it offers a wide range of services to both internal and external users of an organization.
Additionally, a company’s sensitive information is processed or stored on a variety of servers, including web, email, database, infrastructure management, and file servers. Cybercriminals routinely target an organization’s servers in order to obtain these illicit files.
Business organizations are implementing cutting-edge server security solutions to safeguard their network infrastructure from server-based cyberattacks. The aforementioned elements will cause the worldwide server security market to expand significantly throughout the course of the projected period.
