The increased global demand for smartphones and rising internet penetration in remote areas has increased demand for network security software. Moreover, the implementation of bring-your-own-device policies has created the need for secure data transmission. Many industries including healthcare and retail are incorporating advanced technologies which may create challenges that boost network security adoption.

More data is being shared via the network as the integration of technologies with 5G is increasing. This creates more data security threats for service providers and users. The presence of multiple hosting environments where all devices are connected to the server has increased security risk because hackers are consistently attacking networks to destroy databases and access confidential information. As a result, the network security market is expected to expand at a compound annual growth rate of 11.6 percent, going from $22.74 billion in 2019 to $54.07 billion by 2027, according to Fortune Business Insights. The adoption of network security is the most prominent in the U.S., with industries such as financial services, health care and retail executing and updating the software to maximize data privacy and protection.

CRN has recognized 20 companies as the ‘Coolest Network Security Companies of 2021’ in its Security 100 list. The list considered network security vendors that offer log filtering, encrypted traffic visibility and analysis, containerized firewalls, and SD-WAN for challenging operational settings. Out of all of the security companies, here’s some that you should watch out for:

Fortinet, CEO Ken Xie

Forescout, CEO Greg Clark

Darktrace, CEO Poppy Gustafsson

Cloudflare, CEO Matthew Prince

Claroty, CEO Yaniv Vardi

Cisco Systems, CEO Chuck Robbins

Check Point Software Technologies, CEO Gil Shwed

Cato Networks, CEO Shlomo Kramer

Attivo Networks, CEO Tushar Kothari

Aruba, a Hewlett Packard Enterprise company, Founder Keerti Melkote

Armis, CEO Yevgeny Dibrov

ADT Cybersecurity, CEO Jim DeVries

Gigamon, CEO Paul Hooper

Infoblox, CEO Jesper Anderson

Juniper Networks, CEO Rami Rahim

Palo Alto Networks, CEO Nikesh Arora

Pulse Secure, CEO Jim Schaper

SonicWall, CEO Bill Conner

Vectra, CEO Hitesh Sheth

WatchGuard Technologies, CEO Prakash Panjwani

Read the original article here.