Network Security Firewall Market Introduction and Overview
According to SPER Market Research, the Global Network Security Firewall Market is estimated to reach USD 14.00 billion by 2033 with a CAGR of 13.51%.
A network security firewall is a security mechanism designed to prevent unauthorised access to data on a private network is called a network security firewall. This firewall is used either as hardware, software, or a combination of the two. It is possible to isolate a particular network and its data from an external network using a network security firewall. These offer benefits including flexibility, fast data transfer, and ease of installation and are regarded as the first tier of network security. It is comparatively less expensive to include a firewall for a network than to secure each machine separately.
- August 2022; Comcast Business and Fortinet, a pioneer in automated, integrated, and comprehensive cybersecurity solutions globally, have established a strategic alliance. Through this partnership, Comcast Business will increase its managed services expertise while providing businesses with a new set of secure access service edge (SASE) and security service edge (SSE) solutions to help them protect their distributed workforces using a cloud-delivered approach to security policy enforcement.
- August 2022; A global agreement has been signed by NEC Corporation, a pioneer in the integration of network and IT technologies, and Fortinet, a leader in comprehensive, automated, and integrated cybersecurity solutions, to collaborate on the development of secure 5G networks for communication service providers (CSPs). Fortinet will supply its all-inclusive, best-in-class security solutions through the agreement, including FortiGate, the most widely used next-generation firewall and top-performing hyper-scale firewall in the world. Simultaneously, NEC will provide expert services based on its strong history in the telecom sector to enable the carrier-grade, long-lasting networking needed for 5G.
Market Opportunities and Challenges
The market for network security firewalls has expanded rapidly in the last several years. The development of the internet, stricter laws, more connectedness, the move to cloud computing, and the expansion of e-commerce are all responsible for the historical period's growth. The growing demand for network security and privacy is projected to drive the growth of network security firewall market in coming years. Network security is a technology that protects the usefulness and integrity of a company’s infrastructure by preventing a variety of potential threats from entering or sabotaging.
Network security firewalls are essential for network protection, but they are not without problems. Firewalls have the drawback of occasionally deceiving users into believing they are secure, leading them to overlook other potential security vulnerabilities. Furthermore, by delaying network traffic, firewalls might have an impact on overall performance. Given that firewalls are primarily intended to prevent outgoing traffic, an excessive dependence on them may cause inside threats to go unnoticed. Additional security measures must be put in place since sophisticated threats like targeted attacks and zero-day vulnerabilities may be too sophisticated for modern firewalls to thwart. Tight firewall policies may also affect lawful apps and services, requiring constant adjustments to satisfy business needs.
Market Competitive Landscape
To have the upper hand over their competitors, the majority of companies in the niche are putting more of an emphasis on offering superior services. Therefore, raising the calibre of the services has always been the top focus. Network security firewalls deployed in the cloud are a game-changing way for the major companies to meet the needs of regions outside of their physical reach. In addition, the emphasis is on expanding into new regions in order to take full advantage of the prospects and minimise competition. The key competitors of market are Adaptive mobile security, AMD Technologies, ANAM Technologies, Cellusys, Mobileum, NETnumber Inc., Openmind networks, Orange, SAP SE, SINCH.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Application, By Component, By Deployment Type, By SMS Firewall, By Type
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| Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
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| Companies Covered | Adaptive mobile security, AMD Technologies, ANAM Technologies, Cellusys, Mobileum, NETnumber Inc., Openmind networks, Orange, SAP SE, SINCH.
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COVID-19 Impact on Global Network Security Firewall Market:
Due to the COVID-19 outbreak, people all over the world had to rely on internet merchants and e-commerce websites to fulfil their purchasing demands because local malls and stores were closed. As a result, there was a greater need than ever for the banking and financial industries to make significant investments in payment gateway security in order to safeguard the growing volume of online transactions. As a result, there is a greater need than ever for network security firewall solutions to protect patient privacy and data analysis tools from cybercriminals. Additionally, in an effort to slow the COVID-19 pandemic's spread, a number of businesses started allowing their employees to work remotely. Corporate data has to be more securely protected because of these remote working arrangements. However, workers may maintain high output with simplicity of use and convenience.
Key Target Audience:
- Enterprise Organizations
- SMEs (Small and Medium-sized Enterprises)
- Government Agencies
- Financial Institutions
- Healthcare Organizations
- Service Providers and Managed Security Service Providers (MSSPs)
- Cloud Service Providers
- IT and Security Professionals
- Manufacturing Companies
- Retail Organizations
- Telecommunication Companies
- Healthcare Organizations
Our in-depth analysis of the Network Security Firewall Market includes the following segments:
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By Application: |
Financial Services
Medical Authorities
Manufacturing IT
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By Deployment Type: |
Network Function Virtualization
On- Premises
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By Type: |
Packet Filtering
Unified Threat Management
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By SMS Firewall: |
A2P
P2A Messaging
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By Component: |
Solution
Services
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Key Topics Covered in the Report:
- Global Network Security Firewall Market Size (FY’2023-FY’2033)
- Overview of Global Network Security Firewall Market
- Segmentation of Global Network Security Firewall Market By Application (Financial Services, Medical Authorities, Manufacturing IT.)
- Segmentation of Global Network Security Firewall Market By Component (Solution and Services)
- Segmentation of Global Network Security Firewall Market By Deployment Type(Network Function Virtualization and On-Premises)
- Segmentation of Global Network Security Firewall Market By SMS Firewall (A2P, P2A Messaging.)
- Segmentation of Global Network Security Firewall Market By Type (Packet filtering, unified threat management.)
- Statistical Snap of Global Network Security Firewall Market
- Expansion Analysis of Global Network Security Firewall Market
- Problems and Obstacles in Global Network Security Firewall Market
- Competitive Landscape in the Global Network Security Market
- Impact of COVID-19 and Demonetization on Global Network Security Firewall Market
- Details on Current Investment in Global Network Security Firewall Market
- Competitive Analysis of Global Network Security Firewall Market
- Prominent Players in the Global Network Security Firewall Market
- SWOT Analysis of Global Network Security Firewall Market
- Global Network Security Firewall Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Network Security Firewall Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Network Security Firewall Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Network Security Firewall Market.
7. Global Network Security Firewall Market, By Application (USD Million)
7.1. Global Network Security Firewall Market Value Share and Forecast, By Application, 2023-2033
7.2. Financial Services
7.3. Medical Authorities
7.4. Manufacturing IT
8. Global Network Security Firewall Extract Market, By Deployment Type (USD Million)
8.1. Global Network Security Firewall Market Value Share and Forecast, By Deployment Type, 2023-2033
8.2. Network Function Virtualization
8.3. On- Premises
9. Global Network Security Firewall Market, By Type (USD Million)
9.1. Global Network Security Firewall Market Value Share and Forecast, By Type, 2023-2033
9.2. Packet Filtering
9.3. Unified Threat Management
10. Global Network Security Firewall Market, By SMS Firewall (USD Million)
10.1. Global Network Security Firewall Market Value Share and Forecast, By SMS Firewall, 2023-2033
10.2. A2P
10.3. P2A Messaging
11. Global Network Security Firewall Market, By Component (USD Million)
11.1. Global Network Security Firewall Market Value Share and Forecast, By Component, 2023-2033
11.2. Solution
11.3. Services
12. Global Network Security Firewall Market Forecast, 2019-2033 (USD Million)
12.1. Global Network Security Firewall Market Size and Market Share
13. Global Network Security Market, By Application 2019-2033 (USD Million)
13.1. Global Network Security Firewall Market Size and Market Share By Application (2019-2026)
13.2. Global Network Security Market Size and Market Share By Application (2027-2033)
14. Global Network Security Market, By SMS Firewall, 2019-2033 (USD Million)
14.1. Global Network Security Firewall Market Size and Market Share By SMS Firewall (2019-2026)
14.2. Global Network Security Firewall Market Size and Market Share By SMS Firewall (2027-2033)
15. Global Network Security Firewall Market, By Component, 2019-2033 (USD Million)
15.1. Global Network Security Firewall Market Size and Market Share By Component (2019-2026)
15.2. Global Network Security Firewall Market Size and Market Share By Component (2027-2033)
16. Global Network Security Firewall Market, By Type, 2019-2033 (USD Million)
16.1. Global Network Security Firewall Market Size and Market Share By Type (2019-2026)
16.2. Global Network Security Firewall Market Size and Market Share By Type (2027-2033)
17. Global Network Security Firewall Market, By Deployment Type, 2019-2033 (USD Million)
17.1. Global Network Security Firewall Market Size and Market Share By Deployment Type (2019-2026)
17.2. Global Network Security Firewall Market Size and Market Share By Deployment Type (2027-2033)
18. Global Network Security Firewall Market, By Region, 2019-2033 (USD Million)
18.1. Global Network Security Firewall Market Size and Market Share By Region (2019-2026)
18.2. Global Network Security Firewall Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. ADAPTIVEMOBILE SECURITY
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. AMD TECHNOLOGIES
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. ANAM TECHNOLOGIES
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. CELLUSYS
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. MOBILEUM
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. NET NUMBER INC.
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. OPEN MIND NETWORKS
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. ORANGE
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. SAP SE
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. SINCH
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. Others
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope