The increasing adoption of bring-your-own-device (BYOD) policies in the workplace is also driving demand for network security firewalls. BYOD policies allow employees to use their personal devices, such as smartphones and tablets, for work purposes. While this can increase productivity, it also creates security risks. Network security firewalls can help to mitigate these risks by providing a secure connection between the employee's device and the company network.
The Tankless Water Heater Market can be segmented based on type, deployment, organization size, and vertical. By type, the market can be divided into software-based and hardware-based firewalls. Software-based firewalls are typically installed on individual devices, while hardware-based firewalls are installed on a network's perimeter. By deployment, the Network Security Firewall Market can be divided into on-premise and cloud-based firewalls. North America is expected to be the largest market for Network Security Firewall Market due to the high adoption of digital technologies in the region. The Asia Pacific region is expected to be the fastest-growing market due to the increasing adoption of cloud-based services and the growing threat of cyber-attacks in the region.
On-premise firewalls are installed locally, while cloud-based firewalls are delivered through a cloud-based service. By organization size, the Network Security Firewall Market can be divided into small and medium-sized enterprises (SMEs) and large enterprises. SMEs typically have fewer resources and require more cost-effective solutions, while large enterprises require more robust and scalable solutions.
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The global electric water heaters market is expected to reach USD 29.32 billion by 2022, according to a new study by Grand View Research, Inc. Increasing residential and commercial projects worldwide is expected to drive market demand over the forecast period.
Increasing government initiatives to improve rural infrastructure and uninterrupted electricity availability in these areas is expected to provide new opportunities to market growth.
They are also increasingly used in countries with limited or broken electricity supply as they can store hot water for future use.
Commercial water heaters can be glass lined, stainless steel lined, cement and hydrastine cement lined.
Rapid infrastructure developments in these countries are expected to favor the Asia Pacific electric water heaters market.
However, increasing trend for use of solar water heater may restrict market demand gradually over the next seven years.
