report-image

Global Network Security Firewall Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 9/1/2022
  • NO OF PAGES
  • 243
  • CATEGORY
  • Information Technology

Market Overview:

The Global Network Security Firewall Market size was valued at USD 13.73 billion in 2022, and is projected to reach USD 121.57 billion by 2032 at a CAGR of 32.5% from 2022 to 2032.

Network security firewall is a system that monitors and manages incoming and outgoing network traffic based on a set of predefined security rules. It acts as a barrier between a secure internal network and an untrusted external network, such as the internet. The firewall can prevent unauthorized access, detect and block malicious traffic, and allow only legitimate traffic to pass through. The adoption of network security firewalls has been increasing rapidly over the past few years due to the growing number of cyber-attacks and the increasing need for network security. As more organizations move their data and applications to the cloud, the need for network security firewalls to protect these cloud-based assets becomes critical. Additionally, the increasing number of remote workers and the adoption of bring-your-own-device (BYOD) policies have also contributed to the growth of the market. These trends have created new security challenges for organizations, and network security firewalls provide a solution to these challenges.

Increasing adoption of cloud based services and applications is propelling the market growth.

One major driving factor behind the growing adoption of network security firewalls is the increasing number of cyber threats and the need for strong network security measures. With the rise of digitalization and the growing reliance on technology in all aspects of life, the number and complexity of cyber threats have also increased significantly. Cybercriminals are constantly developing new tactics and methods to breach network security and gain unauthorized access to sensitive data. To address these threats, organizations need to implement strong network security measures to protect their networks and data. Network security firewalls are a crucial component of any comprehensive network security strategy as they act as a first line of defense against unauthorized access and cyber threats. They monitor incoming and outgoing network traffic, filter out malicious traffic, and allow only legitimate traffic to pass through.

Moreover, the increasing adoption of cloud-based services and applications has also contributed to the growing need for network security firewalls. With more and more organizations moving their data and applications to the cloud, the need for strong network security measures to protect these assets becomes even more critical. Cloud-based assets are often accessed from multiple locations and devices, making them more vulnerable to cyber threats. Network security firewalls help secure these assets by monitoring and controlling access to them. Overall, the growing number and complexity of cyber threats, combined with the increasing adoption of cloud-based services, are the primary driving factors behind the adoption of network security firewalls. Organizations are recognizing the importance of strong network security measures and are investing in solutions such as network security firewalls to protect their networks and data from cyber threats.

Segmentation:

By Component

·         Solution

·         Services

By Solution

·         Signaling Firewall

·         SMS Firewall

By Services

·         Professional Services

·         Managed Services

Geography:

The network security firewall market is a global market and is experiencing significant growth in various regions across the world. However, North America is currently dominating the market due to the high adoption rate of advanced technologies and the presence of key market players in the region. The United States is the largest market for network security firewalls in North America. This is mainly due to the high awareness of cyber threats and the need for strong network security measures. Additionally, the presence of large enterprises and a significant number of small and medium-sized businesses in the region also contributes to the growth of the market. Europe is also a significant market for network security firewalls. The region is home to several key market players and has stringent regulations and compliance requirements, driving the demand for network security firewalls. Moreover, the increasing number of cyber-attacks and the need for advanced security measures are also contributing to the growth of the market in Europe.

The Asia Pacific region is expected to experience significant growth in the network security firewall market during the forecast period. This is mainly due to the increasing adoption of cloud-based services and the growing number of small and medium-sized businesses in the region. Additionally, the increasing number of cyber-attacks in countries such as China and India is driving the need for strong network security measures.

Impact of COVID-19 on the global Network Security Firewall Market:

The COVID-19 pandemic and the ongoing Russia-Ukraine conflict have had a significant impact on the network security firewall market. COVID-19 has caused a major shift in the way businesses operate, with many organizations transitioning to remote work and relying more heavily on digital technologies. This has increased the need for strong network security measures, including network security firewalls, to protect remote workers and digital assets from cyber threats. The pandemic has also led to an increase in cybercrime, with hackers taking advantage of the disruptions caused by the pandemic to launch attacks on vulnerable organizations. As a result, the demand for network security firewalls has increased during the pandemic.

Impact of the Russia-Ukraine War on the global Network Security Firewall Market:

The ongoing Russia-Ukraine conflict has also had an impact on the network security firewall market. The conflict has led to an increase in cyber-attacks, particularly on critical infrastructure and government systems. These attacks have highlighted the importance of strong network security measures, including network security firewalls, to protect against cyber threats from hostile actors. As a result, governments and organizations in the region have increased their investments in network security solutions to strengthen their cyber defenses. Additionally, the conflict has led to an increase in geopolitical tensions and uncertainty, which can impact the global market for network security firewalls. Tensions between Russia and the West, in particular, can lead to increased demand for network security solutions in regions that are seen as potential targets for cyber-attacks.

In summary, both the COVID-19 pandemic and the ongoing Russia-Ukraine conflict have had an impact on the network security firewall market. While the pandemic has led to an increase in demand for network security solutions due to the shift towards remote work and an increase in cybercrime, the conflict has highlighted the importance of strong network security measures in protecting against cyber threats from hostile actors.

Company Profiles:

·         Cisco Systems, Inc.

·         Fortinet, Inc.

·         Palo Alto Networks, Inc.

·         Check Point Software Technologies Ltd.

·         Juniper Networks, Inc.

·         Huawei Technologies Co., Ltd.

·         SonicWall, Inc.

·         Barracuda Networks, Inc.

·         WatchGuard Technologies, Inc.

·         Sophos Group plc

·         Forcepoint LLC

·         McAfee LLC

·         Trend Micro Incorporated

·         F5 Networks, Inc.

·         Zscaler, Inc.


Global Network Security Firewall Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Network Security Firewall market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.


Key Points:
Define, describe and forecast Network Security Firewall product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035


1 Network Security Firewall Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Network Security Firewall
1.3 Network Security Firewall Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Network Security Firewall
1.4.2 Applications of Network Security Firewall
1.5 Market Exchange Rate

2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source

3 Market Competition Analysis
3.1 Hewlett Packard Enterprise Market Performance Analysis
3.1.1 Hewlett Packard Enterprise Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Hewlett Packard Enterprise Sales, Value, Price, Gross Margin 2016-2021
3.2 Cellusys Market Performance Analysis
3.2.1 Cellusys Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Cellusys Sales, Value, Price, Gross Margin 2016-2021
3.3 Mobileum Market Performance Analysis
3.3.1 Mobileum Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Mobileum Sales, Value, Price, Gross Margin 2016-2021
3.4 Symsoft Market Performance Analysis
3.4.1 Symsoft Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Symsoft Sales, Value, Price, Gross Margin 2016-2021
3.5 Tata Communications Limited Market Performance Analysis
3.5.1 Tata Communications Limited Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Tata Communications Limited Sales, Value, Price, Gross Margin 2016-2021
3.6 SAP SE Market Performance Analysis
3.6.1 SAP SE Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 SAP SE Sales, Value, Price, Gross Margin 2016-2021
3.7 Adaptive Mobile Market Performance Analysis
3.7.1 Adaptive Mobile Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 Adaptive Mobile Sales, Value, Price, Gross Margin 2016-2021
3.8 AMD Telecom S.A. Market Performance Analysis
3.8.1 AMD Telecom S.A. Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 AMD Telecom S.A. Sales, Value, Price, Gross Margin 2016-2021
3.9 Evolved Intelligence Market Performance Analysis
3.9.1 Evolved Intelligence Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Evolved Intelligence Sales, Value, Price, Gross Margin 2016-2021
3.10 Omobio Pvt. Ltd. Market Performance Analysis
3.10.1 Omobio Pvt. Ltd. Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Omobio Pvt. Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.11 Anam Technologies Market Performance Analysis
3.11.1 Anam Technologies Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 Anam Technologies Sales, Value, Price, Gross Margin 2016-2021
3.12 Openmind Networks Market Performance Analysis
3.12.1 Openmind Networks Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 Openmind Networks Sales, Value, Price, Gross Margin 2016-2021

4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Network Security Firewall Production and Value by Type
4.1.1 Global Network Security Firewall Production by Type 2016-2021
4.1.2 Global Network Security Firewall Market Value by Type 2016-2021
4.2 Global Network Security Firewall Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Unified Threat Management Market Production, Value and Growth Rate
4.2.2 Next-Generation Firewall Market Production, Value and Growth Rate
4.3 Global Network Security Firewall Production and Value Forecast by Type
4.3.1 Global Network Security Firewall Production Forecast by Type 2021-2026
4.3.2 Global Network Security Firewall Market Value Forecast by Type 2021-2026
4.4 Global Network Security Firewall Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Unified Threat Management Market Production, Value and Growth Rate Forecast
4.4.2 Next-Generation Firewall Market Production, Value and Growth Rate Forecast

5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Network Security Firewall Consumption and Value by Application
5.1.1 Global Network Security Firewall Consumption by Application 2016-2021
5.1.2 Global Network Security Firewall Market Value by Application 2016-2021
5.2 Global Network Security Firewall Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 BFSI Market Consumption, Value and Growth Rate
5.2.2 Healthcare and Life Sciences Market Consumption, Value and Growth Rate
5.2.3 Telecommunication Market Consumption, Value and Growth Rate
5.2.4 Manufacturing Market Consumption, Value and Growth Rate
5.2.5 Others Market Consumption, Value and Growth Rate
5.3 Global Network Security Firewall Consumption and Value Forecast by Application
5.3.1 Global Network Security Firewall Consumption Forecast by Application 2021-2026
5.3.2 Global Network Security Firewall Market Value Forecast by Application 2021-2026
5.4 Global Network Security Firewall Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 BFSI Market Consumption, Value and Growth Rate Forecast
5.4.2 Healthcare and Life Sciences Market Consumption, Value and Growth Rate Forecast
5.4.3 Telecommunication Market Consumption, Value and Growth Rate Forecast
5.4.4 Manufacturing Market Consumption, Value and Growth Rate Forecast
5.4.5 Others Market Consumption, Value and Growth Rate Forecast

6 Global Network Security Firewall by Region, Historical Data and Market Forecasts
6.1 Global Network Security Firewall Sales by Region 2016-2021
6.2 Global Network Security Firewall Market Value by Region 2016-2021
6.3 Global Network Security Firewall Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Network Security Firewall Sales Forecast by Region 2021-2026
6.5 Global Network Security Firewall Market Value Forecast by Region 2021-2026
6.6 Global Network Security Firewall Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa

7 United State Market Size Analysis 2016-2026
7.1 United State Network Security Firewall Value and Market Growth 2016-2021
7.2 United State Network Security Firewall Sales and Market Growth 2016-2021
7.3 United State Network Security Firewall Market Value Forecast 2021-2026

8 Canada Market Size Analysis 2016-2026
8.1 Canada Network Security Firewall Value and Market Growth 2016-2021
8.2 Canada Network Security Firewall Sales and Market Growth 2016-2021
8.3 Canada Network Security Firewall Market Value Forecast 2021-2026

9 Germany Market Size Analysis 2016-2026
9.1 Germany Network Security Firewall Value and Market Growth 2016-2021
9.2 Germany Network Security Firewall Sales and Market Growth 2016-2021
9.3 Germany Network Security Firewall Market Value Forecast 2021-2026

10 UK Market Size Analysis 2016-2026
10.1 UK Network Security Firewall Value and Market Growth 2016-2021
10.2 UK Network Security Firewall Sales and Market Growth 2016-2021
10.3 UK Network Security Firewall Market Value Forecast 2021-2026

11 France Market Size Analysis 2016-2026
11.1 France Network Security Firewall Value and Market Growth 2016-2021
11.2 France Network Security Firewall Sales and Market Growth 2016-2021
11.3 France Network Security Firewall Market Value Forecast 2021-2026

12 Italy Market Size Analysis 2016-2026
12.1 Italy Network Security Firewall Value and Market Growth 2016-2021
12.2 Italy Network Security Firewall Sales and Market Growth 2016-2021
12.3 Italy Network Security Firewall Market Value Forecast 2021-2026

13 Spain Market Size Analysis 2016-2026
13.1 Spain Network Security Firewall Value and Market Growth 2016-2021
13.2 Spain Network Security Firewall Sales and Market Growth 2016-2021
13.3 Spain Network Security Firewall Market Value Forecast 2021-2026

14 Russia Market Size Analysis 2016-2026
14.1 Russia Network Security Firewall Value and Market Growth 2016-2021
14.2 Russia Network Security Firewall Sales and Market Growth 2016-2021
14.3 Russia Network Security Firewall Market Value Forecast 2021-2026

15 China Market Size Analysis 2016-2026
15.1 China Network Security Firewall Value and Market Growth 2016-2021
15.2 China Network Security Firewall Sales and Market Growth 2016-2021
15.3 China Network Security Firewall Market Value Forecast 2021-2026

16 Japan Market Size Analysis 2016-2026
16.1 Japan Network Security Firewall Value and Market Growth 2016-2021
16.2 Japan Network Security Firewall Sales and Market Growth 2016-2021
16.3 Japan Network Security Firewall Market Value Forecast 2021-2026

17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Network Security Firewall Value and Market Growth 2016-2021
17.2 South Korea Network Security Firewall Sales and Market Growth 2016-2021
17.3 South Korea Network Security Firewall Market Value Forecast 2021-2026

18 Australia Market Size Analysis 2016-2026
18.1 Australia Network Security Firewall Value and Market Growth 2016-2021
18.2 Australia Network Security Firewall Sales and Market Growth 2016-2021
18.3 Australia Network Security Firewall Market Value Forecast 2021-2026

19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Network Security Firewall Value and Market Growth 2016-2021
19.2 Thailand Network Security Firewall Sales and Market Growth 2016-2021
19.3 Thailand Network Security Firewall Market Value Forecast 2021-2026

20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Network Security Firewall Value and Market Growth 2016-2021
20.2 Brazil Network Security Firewall Sales and Market Growth 2016-2021
20.3 Brazil Network Security Firewall Market Value Forecast 2021-2026

21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Network Security Firewall Value and Market Growth 2016-2021
21.2 Argentina Network Security Firewall Sales and Market Growth 2016-2021
21.3 Argentina Network Security Firewall Market Value Forecast 2021-2026

22 Chile Market Size Analysis 2016-2026
22.1 Chile Network Security Firewall Value and Market Growth 2016-2021
22.2 Chile Network Security Firewall Sales and Market Growth 2016-2021
22.3 Chile Network Security Firewall Market Value Forecast 2021-2026

23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Network Security Firewall Value and Market Growth 2016-2021
23.2 South Africa Network Security Firewall Sales and Market Growth 2016-2021
23.3 South Africa Network Security Firewall Market Value Forecast 2021-2026

24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Network Security Firewall Value and Market Growth 2016-2021
24.2 Egypt Network Security Firewall Sales and Market Growth 2016-2021
24.3 Egypt Network Security Firewall Market Value Forecast 2021-2026

25 UAE Market Size Analysis 2016-2026
25.1 UAE Network Security Firewall Value and Market Growth 2016-2021
25.2 UAE Network Security Firewall Sales and Market Growth 2016-2021
25.3 UAE Network Security Firewall Market Value Forecast 2021-2026

26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Network Security Firewall Value and Market Growth 2016-2021
26.2 Saudi Arabia Network Security Firewall Sales and Market Growth 2016-2021
26.3 Saudi Arabia Network Security Firewall Market Value Forecast 2021-2026

27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.


CHOOSE LICENSE TYPE
QLOUD
Pricing

Select a license type that suits your business needs

Single User Access

US $3950

Only Three Thousand Nine Hundred Fifty US dollar

  • 1 User access
  • 15% Additional Free Customization
  • Free Unlimited post-sale support
  • 100% Service Guarantee until achievement of ROI
Multi User Cost

US $4950

Only Four Thousand Nine Hundred Fifty US dollar

  • 5 Users access
  • 25% Additional Free Customization
  • Access Report summaries for Free
  • Guaranteed service
  • Dedicated Account Manager
  • Discount of 20% on next purchase
  • Get personalized market brief from Lead Author
  • Printing of Report permitted
  • Discount of 20% on next purchase
  • 100% Service Guarantee until achievement of ROI
Enterprise User Cost

US $5950

Only Five Thousand Nine Hundred Fifty US dollar

  • Unlimited User Access
  • 30% Additional Free Customization
  • Exclusive Previews to latest or upcoming reports
  • Discount of 30% on next purchase
  • 100% Service Guarantee until achievement of ROI