The Global Network Security Firewall Market was valued at USD 2.43 billion in 2016 and is projected to reach USD 6.90 billion by 2025, growing at a CAGR of 12.3% from 2017 to 2025.
A firewall is a network security system designed to prevent unauthorized access to or from a private network. Firewalls can be implemented as both hardware and software, or a combination of both. Firewall isolates organizationâ€™s internal network from larger outside network. A Network Firewall has several advantages including â€“ low cost, makes security transparent to end users, easy installation, and high speed. Network Firewalls are more cost effective than securing each computer in the corporate network.
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1. Market Drivers
1.1 Increasing Threats
1.2 Increasing Network Security and Privacy Concerns
1.3 Growing demand for Network Security Firewall
1.4 Less number of Network Security Firewall Vendor
2. Market Restraints
2.1 Firewall Maintenance
The Global Network Security Firewall Market is segmented on the basis of product, deployment model, component, and region.
1. By Product:
1.2 Integrated VPN
1.4 Content Security Gateway
2. By Deployment Model:
3. By Component:
3.1.1 SMS Firewall
3.1.2 Signaling Firewall
3.2.1 Managed Services
3.2.2 Professional Services
4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Rest of the World
The major players in the market are as follows:
1. Anam Technologies
2. Evolved Intelligence
4. Hewlett Packard Enterprise
5. EMC Corporation SAP SE
7. Tata Communications Limited
8. Omobio Pvt. Ltd.
9. Adaptive Mobile
10. Openmind Networks
11. AMD Telecom S.A.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
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RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Global Network Security Firewall Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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