While the Internet of Things is expected to make everything and everyone more closely connected, it also creates new opportunities for hackers and other digital threats to exploit. As a result, the demand for real-time data acquisition and network security test equipment is growing significantly.
According to research firm Frost & Sullivan, the market for network security testing is expected to thrive in the next five years. The market is expected to earn revenues of around $1.85 billion by 2021, riding the growing demand for breach detection as well as malware and firewall testing. The market earned revenues of $813 million in 2014.
A Frost & Sullivan report notes that vendors will have to begin designing custom test equipment for specific industries. The financial industry, for instance, demands for more secure networks, while banking and healthcare require faster speeds. The idea is to design test equipment that targets the specific demands of a certain market.