Global Communication Service Providers: Market Growth Fuels Security Investments
June 5, 2023
As the world experiences uncertainty stemming from economic, social, and geopolitical disruption, digital connectivity has never been more important to address inequality, support communities and drive global business recovery. This survey interviewed 2,750 communication service provider IT professionals. Respondents come from a broad range of provider types, data center/co-location, service providers and fixed wireless access providers.
Transcription
Cyber threat actors are taking advantage of the current climate of economic, social and geopolitical disruption.
And cyber-attacks are rising in frequency and volume.
How are global communication service providers dealing with the current climate?
And where do they see their most fruitful opportunities and critical challenges?
Network Traffic Volumes Trending Up
99.6% of CSPs expect to see a robust rise in traffic volumes in the next 2-3 years
Growth is Driving Investment
Top three priority network security investments:
- 28% upgrading firewalls
- 27% DDoS detection and monitoring
- 26% ransomeware and malware protection services
Providers are Working to Close the Digital Divide
69% of respondents say they are expanding their networks to unserved/underserved communities
Looking to the Future
Top-three Business Opportunities Identified
- Build or improve a DDoS cloud scrubbing service
- Globalization enabling CSPs to enter new markets
- Continued increased demand for internet and network bandwidth
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Global Communication Service Providers: Market Growth Fuels Security Investments
