Network automation and managed security markets projected to grow through 2030

The network automation and managed security services markets are projected to see significant growth through 2030. According to research from MarketsandMarkets, the network automation market is expected to rise from USD 7.88 billion in 2025 to USD 12.38 billion by 2030, driven by the complexity of multi-cloud strategies, IoT expansion, and the rollout of 5G.

Simultaneously, the global managed security services market is forecasted to reach USD 66.83 billion by 2030, with an 11 percent compound annual growth rate. Organizations are increasingly turning to managed security service providers (MSSPs) to control costs and manage risks. This shift is influenced by the rising costs of cybersecurity and the high expense of operating internal AI-enabled security operations centers.

Key drivers for cybersecurity spending include risk management, modernization, and digital transformation. While AI offers potential for efficiency, the rising cost of AI tokens has led many organizations to prefer consuming cybersecurity resources as a service rather than hiring full-time employees to manage proprietary platforms.