Summary * In Part 2.2 we discuss the dynamics of the network security industry, which serves as a useful reference for public and private investors. * We discuss why network security is slow-moving and favours the incumbents, and why some vendors get away with making exaggerated claims. * We also discuss the emerging and future trends likely to dominate the innovation front. As a recap, Part 1 of the Convequity Cybersecurity Taxonomy provided an introduction to the broad trends of the indus