Network Security Firewall Market to Reach USD 15.8 Billion by 2025
Posted by Savi Bnagar on December 5th, 2019
Meticulous Research®– leading global market research company published a research report titled “Network Security Firewall Market by Type (Unified Threat Management, Next-Generation Firewall), Component (Solution, Services), Deployment (On-premise, Cloud) Industry Size (SME, Large Enterprises), and Geography- Global Forecast to 2025”.
According to this latest publication from Meticulous Research®, the global network security firewall market is expected to grow at a CAGR of 13.1% from 2019 to reach .8 billion by 2025.
Substantial growth in the network security firewall market is mainly attributed to the growing significance of network security & privacy concerns and real-time streaming analysis. Advancement in digital transformation in telecommunication industry and growing Signaling System 7 (SS7) vulnerabilities provide significant growth opportunities for the network security firewall market. Furthermore, other benefits of network security firewalls in terms of easy installation, convenient security access, and high-speed operation are also contributing to the greater adoption of network security firewalls. However, lack of preventive firewall maintenance, poor hardware infrastructure, and concerns with system compatibility can hamper the market growth over the coming years.
The global network security firewall market study presents historical market data in terms of value (2017 & 2018), estimated current data (2019), and forecasts for 2025-by type (unified threat management, next-generation firewall), component (solution, services), deployment (on-premise, cloud), and industry size (SME, large enterprises). The study also evaluates industry competitors and analyzes the market at a country level in different regions.
Scope of the Report:
Network Security Firewall Market, by Type
Network Security Firewall Market, by Component
Network Security Firewall Market, by Deployment
Network Security Firewall Market, by Industry Size
Some of the key vendors operating in the global network security firewall market include SAP SE (Germany), Cisco System Inc. (U.S.), Mobileum Inc (U.S.), ANAM Technologies (Ireland), Fortinet Inc (U.S.), BICS SA (Belgium), Route Mobile Limited (India), AMD Telecom SA (Greece), Cellusys (Ireland), NetNumber Inc. (U.S.), Openmind Networks (Ireland), Juniper Network Inc (U.S.), Watchguard Technology Inc (U.S.), and Checkpoint Software Technology Ltd. (U.S.) among others.
Key questions answered in the report:
Growing penetration of cloud technology in developing countries will drive the network security firewall market
What role does the established cloud network play in developing network security firewall market?How are next generation firewalls transforming the growth scenario of the network security firewalls market?What are the geographical trends and high growth regions/ countries with respect to cloud network security?
Recent partnerships, acquisitions, and expansions have taken place in the global network security firewall market
What companies have recently merged/acquired and how will these unions affect the competitive landscape of the global network security firewall market?What companies have created partnerships and how will these partnerships promote a competitive advantage?Who are the major players in the global network security firewall market and what share of the market do they hold?What are the local emerging players in the global network security firewall market and how do they compete with the global players?
👉 Check complete table of contents and Download Sample of Report https://www.meticulousresearch.com/request-sample-report/cp_id=5065
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About the AuthorSavi Bnagar
Joined: September 17th, 2019
Articles Posted: 11
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