Firewall as a Service Market was valued at US$ 1.65Bn. in 2021. The Global Firewall as a Service Market size is estimated to grow at a CAGR of 25% over the forecast period.
Firewall as a Service Market Overview:
The competitive landscape of the Firewall as a Service Market includes information about competitors. The contents include a corporate overview, financials, revenue generated, market potential, investment in research and development, new market efforts, geographical presence, firm strengths and weaknesses, product introduction, and application dominance. The preceding data points are solely relevant to the businesses' focus on the Firewall as a Service market.
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Firewall as a Service Market Scope:
This Firewall as a Service market report discusses new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, opportunities in terms of emerging revenue streams, changes in market regulations, strategic market growth analysis, market size, segmented market growth, application niches, and dominance, product approvals, product launches, geographic expansion For more information on the Firewall as a Service market, please contact Maximize Market Research for an Analyst Brief; our experts will assist you in making an informed market choice to achieve market growth.
Firewall as a Service Market Segmentation:
The Firewall as a Service Market is divided into Software as a Service (SaaS), Logging as a Service (LaaS), and Platform as a Service (PaaS) based on the type of service offered. It is anticipated that the SaaS category would continue to hold the biggest market share during the projection period. The Firewall as a Service Market is divided into Private Cloud, Public Cloud, and Hybrid Cloud based on Deployment Mode. With a market share of 63% in 2021, the public sector dominated the market, and throughout the forecast period, it is anticipated to grow at the fastest rate.The Firewall as a Service market is divided into five end-use categories based on industry: Aerospace & Defence, Telecom & IT, Banking Financial Services, Retail, and Industrial.
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Firewall as a Service Market Key Players: The following are the key players of the Firewall as a Service market-
• Fortinet, Inc.
• Spitfire Technology Group
• Forcepoint
• Juniper Networks
• Zscaler
• Cisco Systems
• Barracuda Networks
• Cato Networks
• Palo Alto Networks
• Watchgaurd
• Skybox Security, Inc.
• AlgoSec
• FireMon, LLC.
• F5,Inc.
• Vocus Group
• Sprout Technologies Limited
Firewall as a Service Market Regional Analysis:
The geographical section of the research also includes individual market influencing variables and changes in market regulations that effect current and future market trends. Data points such as downstream and upstream value chain analysis, technology trends, porter's five forces analysis, and case studies are only a few of the indicators used to forecast market scenarios for various countries.
COVID-19 Impact Analysis on Firewall as a Service Market: The research also addresses the impact of COVID-19 on the Firewall as a Service market. The basic purpose of this study is to help the user understand the market in terms of definition, segmentation, market potential, noteworthy trends, and the issues that the industry is facing across key regions. The study provides micro and macroeconomic analysis of the total impact of COVID-19 on the Firewall as a Service Market. The specific analysis focuses on market share and size, which clearly demonstrates the influence that the pandemic has had and will have on the worldwide Firewall as a Service Market in the next years.
Key Questions Answered in the Firewall as a Service Market Report are:
- What will be the CAGR of the Firewall as a Service market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Firewall as a Service market?
- Which are the prominent players in the Firewall as a Service market?
- What key trends are likely to emerge in the Firewall as a Service market in the forecast period?
- What will be the Firewall as a Service market size by 2027?
- Which company held the largest share in the Firewall as a Service market in 2020?
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OverviewThe global firewall as a service market is expanding exponentially.
Enterprises deploy next-generation firewalls as security measures to control growing data breech/cyber theft concerns.
Also, increasing needs of the security foundation and make it easy to on board IoT devices to the cloud boost the market growth.Rising demand for a small, embedded footprint, low power consumption, low latency, resilient communications, and privacy define the widening landscape of FWaaS market.Small and medium enterprises have gradually adopted this technology since it provides them with customized firewall solution rendering simplified management, and comprehensive protection services.Additionally, cost-effective solutions offered by FWaaS that have been proving as practical approaches to all SMEs (Small to Midsize Enterprises) accelerate the firewall as a service market growth.
The proliferation of cloud-based platforms and increasing usages of the Internet & connected devices influences the market growth, generating a vast amount of the data.Furthermore, the adoption of Bring Your Own Device (BYOD) policy, digital payments, and connected devices across the globe provide impetus to the market growth.
BFSI sector is the most vulnerable space as the most intense attacks are directed towards financial institutions, which is considered as a key growth driver for the market.Conversely, the lack of technical expertise in managing the advanced firewall mechanism is a major factor projected to impede the growth of the firewall as a service industry.
Also, the lack of governance in the robust network infrastructure poses challenges to the growth of FWaaS market.Get a Free Sample @ https://www.marketresearchfuture.com/sample_request/6019SegmentsThe report is segmented into six dynamics;By Solution: Next-generation Firewall, Advanced Threat Protection, Traffic Control & Monitoring, Managed Services, and others.By Service Model: Infrastructure as a Service (IaaS), Software as a service (SaaS), Platform as a service (PaaS), and others.By Deployment Model: Private, Public, and Hybrid cloud.By Organizational Size: Small-to-Medium-Sized Enterprises (SMEs) and Large Enterprises.By Vertical: Education, BFSI, Energy Utilities, Healthcare, Government, Manufacturing, IT & Telecom, Retail, and others.By Regions: Americas, Europe, APAC, and the Rest-of-the-World (RoW).Regional AnalysisNorth America dominates the global firewall as a service market.
Firewall as a Service (FWaaS) Market Comprehensive Study is an expert and top to bottom investigation on the momentum condition of the worldwide Global Firewall as a Service (FWaaS)market industry with an attention on the Global market.
The report gives key insights available status of the Global Firewall as a Service (FWaaS) producers and is an important wellspring of direction and course for organizations and people keen on the business.Brief Summary of Firewall as a Service (FWaaS):FWaaS is as Firewall as a Service where it’s a new type next generation, that delivered as an cloud based service that allows customers to partially or fully move security inspection to a cloud infrastructure.
FWaaS market is expected to mark significant growth over forecasted period owing to increasing demand due to on-demand platform, growing datacenters, branches, mobile users and technological advancement.
The major companies are adding more proven technologies systematically and strategically such as WAN in Asia-Pacific countries as these countries are focused on fastest-growing verticals in the IT sector.
Further, increasing demand for the SD-WAN expected to drive the market growth over the forecasted period.
Market Trends:Collaboration and Tie Up Of Leading PlayersValue Oriented Consumers Market Drivers:Growing FwaaS Deployment Across SMEs.Increasing Demand for Secure Platform for Storing Digital Content.
