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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Network Security Firewall Market Share
Solutions Are Expected To Gain Traction For Integrated Security Solutions
In the network security firewall market, solutions are likely to gain more traction. This would be so due to increasing demand for advanced and integrated security solutions that come with AI-driven threat detection, automation, and seamless cloud integration. Firms want robust and scalable solutions that would adapt to the evolving threats and complex IT environments. Services are pertinent to support and management; however, growing requirements for sophisticated and proactive security measures drive the focus toward new solutions.
Next-Generation Firewalls (NGFWs) Are Expected To Gain Market Share For Their Advance Features
As per the network security firewall industry analysis, next-generation firewalls are expected to gain maximum traction by type. Advanced features such as deep packet inspection, application awareness, and integrated threat intelligence in NGFWs help overcome the reservations of traditional firewalls. Next-generation firewalls offer advanced protection from such sophisticated threats by marrying traditional firewall capabilities with IPS, malware detection, and more. Given that cyber threats are becoming increasingly complex and pervasive, organizations need security solutions that are more resilient and adaptable. NGFWs deliver full protection, scalability, and visibility across a wide range of network environments, making them one of the most sought-after solutions by modern enterprise businesses facing dynamic security threats.
Network Security Firewall Market Report Snapshots
Network Security Firewall Market Size
Network Security Firewall Market Growth
Network Security Firewall Market Trends
Network Security Firewall Market Share
Network Security Firewall Companies
Network Security Firewall Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the global network security firewall market attained a value of nearly USD 6.97 billion.
The network security firewall market is projected to grow at a CAGR of 22.70% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 43.97 billion by 2032.
The market is being driven by the rising demand for network security owing to digitisation and the subsequent growing risk of cyberattacks and online data breaches.
The market is expected to be driven by the various research and technological activities going on in the industry, which is anticipated to boost product innovation.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major components of a network security firewall are solutions and services.
The major solutions of network security firewalls are SMS firewall, A2P messaging, and signalling firewall.
The different services of network security firewalls are professional services and managed services.
The major types of network security firewalls are packet filtering, stateful packet inspection, next-generation firewall, and unified threat management.
The significant modes of deployment of network security firewall are on-premises and cloud.
The major players in the industry are Amd Telecom Private Limited, SAP SE, Tata Communications Limited, Omobio Pvt. Ltd., and Route Mobile, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124