Key Highlights
- Over 80% of enterprise traffic is projected to be cloud-based by 2025
- The global enterprise WLAN market is expected to reach $13.7 billion by 2026
- 90% of organizations are implementing Zero Trust security models
- The number of connected IoT devices is forecasted to reach 25.4 billion worldwide in 2030
- 70% of enterprise networks are now wireless
- 60% of network outages are caused by human error
- By 2024, more than 50% of enterprise network traffic will come from encrypted traffic
- VPN usage increased by 174% during the COVID-19 pandemic
- The average cost of a data breach in 2023 was $4.45 million globally
- 85% of companies believe their network security risk increased due to remote work
- The adoption of SD-WAN technology is expected to grow at a CAGR of 20.4% from 2021 to 2028
- 57% of network administrators experience challenges with network scaling
- The number of network devices is expected to surpass 50 billion by 2025
As the digital landscape accelerates—with over 80% of enterprise traffic shifting to the cloud and 90% of organizations adopting Zero Trust security models—navigating the future of networking has become more complex and essential than ever.
Cybersecurity and Threat Management
- 90% of organizations are implementing Zero Trust security models
- By 2024, more than 50% of enterprise network traffic will come from encrypted traffic
- The average cost of a data breach in 2023 was $4.45 million globally
- 85% of companies believe their network security risk increased due to remote work
- 72% of organizations cite network security as their top priority for digital transformation
- The global network security market is projected to reach $45 billion by 2027
- 36% of all network breaches involve insider threats
- The average time to detect a cybersecurity attack is 211 days
- 92% of new network threats are targeted attacks that use advanced tactics
- Over 65% of enterprise networks are implementing network segmentation strategies
- 30% of enterprises report that their network security budgets increased by more than 25% in 2023
- 85% of enterprises have deployed multi-factor authentication for network access
- The use of AI for network security is expected to grow at a CAGR of 23.4% through 2027
- Over 90% of organizations track network device inventory for security compliance
- 58% of organizations have experienced at least one cyberattack targeting their network in the past year
- 55% of new network vulnerabilities are discovered through threat intelligence services
- The adoption rate of cloud firewalls increased by 35% from 2020 to 2023
- 45% of organizations use DNS filtering to prevent malicious activity
- 61% of organizations have implemented network access control solutions
Cybersecurity and Threat Management Interpretation
End-User Behavior and Organizational Security Policies
- 60% of network outages are caused by human error
- VPN usage increased by 174% during the COVID-19 pandemic
- 45% of traffic in enterprise networks is video streaming
End-User Behavior and Organizational Security Policies Interpretation
Network Deployment Trends and Market Growth
- Over 80% of enterprise traffic is projected to be cloud-based by 2025
- The global enterprise WLAN market is expected to reach $13.7 billion by 2026
- The number of connected IoT devices is forecasted to reach 25.4 billion worldwide in 2030
- 70% of enterprise networks are now wireless
- The adoption of SD-WAN technology is expected to grow at a CAGR of 20.4% from 2021 to 2028
- The number of network devices is expected to surpass 50 billion by 2025
- The adoption of 5G networks increased by over 200% in 2022
- Wi-Fi 6 adoption has grown by over 40% in the last year
- The world's largest data center market is in the Asia-Pacific region, with an approximate market value of $60 billion
- The global SD-WAN market is projected to reach $12.7 billion by 2028
- IPv6 adoption in enterprises has grown to nearly 30% in 2023
Network Deployment Trends and Market Growth Interpretation
Network Infrastructure and Wireless Technologies
- 57% of network administrators experience challenges with network scaling
- 68% of organizations are adopting network automation solutions
- 70% of network downtime is due to hardware failures
- Nearly 50% of all network traffic is now IP-based
- The average enterprise spends approximately $1 million annually on network maintenance
- 65% of network administrators cite difficulty in managing legacy systems as a challenge
- Cloud-based network management solutions are used by 75% of large enterprises
- 48% of network devices are now managed remotely
- Over 70% of enterprises utilize SIP trunking for unified communications
- The average lifespan of enterprise network hardware is approximately 5 years
- 81% of network professionals believe that automation will significantly improve network efficiency
Network Infrastructure and Wireless Technologies Interpretation
Network Performance and Management Tools
- 84% of IT professionals say network performance is critical to business success
- The average Wi-Fi network speed in enterprise environments is around 200 Mbps
- 62% of organizations use network performance monitoring tools to detect issues proactively
Network Performance and Management Tools Interpretation
Sources & References
- Reference 1GARTNERResearch Publication(2024)Visit source
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- Reference 4NETWORKWORLDResearch Publication(2024)Visit source
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- Reference 6BLOGResearch Publication(2024)Visit source
- Reference 7IBMResearch Publication(2024)Visit source
- Reference 8PWCResearch Publication(2024)Visit source
- Reference 9GLOBENEWSWIREResearch Publication(2024)Visit source
- Reference 10CISCOResearch Publication(2024)Visit source
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- Reference 21GRANDVIEWRESEARCHResearch Publication(2024)Visit source
- Reference 22TECHADVISORResearch Publication(2024)Visit source
- Reference 23SOLARWINDSResearch Publication(2024)Visit source
- Reference 24COMPUTERWORLDResearch Publication(2024)Visit source
- Reference 25CYBERSECURITY-INSIDERSResearch Publication(2024)Visit source