Global Network Security Firewall Market By Product Type and Forecast to 2030


Posted September 14, 2020 by Kavita

Global network security firewall market is anticipated to exceed USD 9,362 million by 2030 from USD 3,741 million in 2019 at a CAGR of 14.01% throughout the forecast period i.e. 2020-2030.
 
Bharat Book Bureau Provides the Trending Market Research Report on “Global Network Security Firewall - By Product Type (Unified Threat Management and Next-generation Firewall); By Component (Solution and Services); By Solution Type (SMS Firewall, A2P Messaging, P2A Messaging, Signaling Firewall, SS7 Firewall, Diameter Firewall and Others); By Service Type (Professional Services and Managed Services); By Industry Size (Small & Medium Enterprises and Large Enterprises); By Deployment Mode (On-premises, Cloud and Network Function Virtualization); and Region - Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030” under Media & Technology Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.



Global network security firewall market is anticipated to exceed USD 9,362 million by 2030 from USD 3,741 million in 2019 at a CAGR of 14.01% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of increased need for network security and privacy.

The innovative technology is rising at a fast speed due to the gush in the demand from a wide variety of segments. The emerging cyber-attacks have substantially raised, and companies are making substantial spending in cybersecurity solutions.

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Global Network Security Firewall Market: Segments

The Solution segment to grow with the fastest CAGR of xx% during 2020-2030

Global network security firewall market is segmented by Component into Solution and Service. Among these, the solution segment is estimated to hold the largest market share of xx% in 2019. The key benefit of the solution segment is the growing dispersion of innovative technologies round the world. The security of all the grave and important data of the company, mainly the financial institutions and telecom industry, are the key aspects toward the adopting of network security firewall. Another aspect is the rise in the overall functioning proficiency by enhancing the accessibility and consistency based on the hardware used.

Global Network Security Firewall Market: Drivers and Restraints

Driver: Increased Demand for Network Security and Privacy

Raised number of users of the internet has resulted in the progress of huge information produced from each user’s account. With the use of supplementary technologies like Artificial Intelligence (AI), big data, Machine Learning (ML), cloud computing, and IoT, the fresh information obtained from these individual users can be used for further business or research purpose. Moreover, to manage such dealings of information, the telecom operatives have organized large network structures. Nevertheless, only organizing a large structure is not sufficient enough for carrier suppliers, as they have to concentrate on the security factors of the networks too. Owing to raised interconnected networks globally, the possibility of security violation has intensified as the invaders have taken out novel ways to misuse the ongoing network with the use of various network susceptibilities.

Restraint: Lack of Preventive Firewall Maintenance

Network security firewalls are existing in almost every company, but they have possibly deteriorated owing to the anonymous risk over time and are not as active as they should be. There are several firewall suppliers in the market who are involved in offering enhanced feature solutions. Nonetheless, not much stress is portrayed on maintenance and upgradation services.

Global Network Security Firewall Market: Regions

Asia Pacific to surge at the highest CAGR of xx% during 2020-2030

Region-wise, the market for network security firewall across the globe is segmented into North America, Latin America, Europe, Middle East & Africa and Asia Pacific. Among these, Asia Pacific is witnessed to constitute xx% of the total market share in the year 2019. Asia Pacific has observed progressive and vibrant implementation of advanced technologies and has always been a productive market for telecom service providers. The telecom market in Asia Pacific has grown at a substantial rate with consistently emerging network operatives. Regions across the globe have a great number of MNOs that are utilizing conventional or first-generation network firewall, which is incapable to offer broad network security against deceitful mechanisms on SS7 and diameter conventions. According to Global Cybersecurity Index (GCI) 2017 by International Telecommunication Union (ITU), Singapore and Malaysia are among the top five countries worldwide which have portrayed obligation toward developing national strategies for guard against cyber-crimes.

Global Network Security Firewall Market: Key Players
• Telecom Italia Sparkle
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
• AMD Telecom
• Checkpoint Software
• Tata Communication
• Global Wavelet
• Enghouse Network
• Route Mobile
• Openmind Networks
• SAP
• Juniper Networks

The market report on global network security firewall also contains the following in-depth analysis:
• Network Security Firewall Market Segments:
- By Product Type
- Unified Threat Management
- Next-generation Firewall
- By Component
- Solution
- Services
- By Solution Type
- SMS Firewall
- A2P Messaging
- P2A Messaging
- Signaling Firewall
- SS7 Firewall
- Diameter Firewall
- Others
- By Service Type
- Professional Services
- Managed Services
- By Industry Size
- Large Enterprises
- Small & Medium Enterprises
- By Deployment Mode
- On-premises
- Cloud
- Network Function Virtualization
- By Region
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
• Network Security Firewall Market Dynamics
• Network Security Firewall Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints

Browse our full report with Table of Content:

https://www.bharatbook.com/marketreports/global-network-security-firewall-by-product-type-unified-threat-management-and-next-generation-firewall-by-componen/2138169

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Last Updated September 14, 2020