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Network Security Firewall Market By Solution (SMS Firewall and Signaling Firewall), By Service (Professional Services and Managed Services), By Type (Packet Filtering Firewall, Stateful Packet Inspection, Circuit-level Gateways, Proxy Firewalls, and Next Generation Firewall), By Deployment Model (On-premise and Cloud) - Growth, Future Prospects and Competitive Landscape, 2018 – 2026

Overview:                      

The global network security firewall market was valued at US$ 2.73 Bn in 2017 and is expected to witness a notable growth, expanding at a CAGR of 10.7% during the forecast period from 2018 to 2026. Security has been a vital need for individuals as well as organizations around the world and is the most important aspect in any network. Internet connectivity is one of the major driving forces behind today’s technological innovation. Since its invention, computer networks have brought along great effectiveness in every aspect of life. Innovative developments in the field of IT are broadly changing the way individuals and organizations live, work, play, offer data and speak with one another. Having an internet access provides a wide-ranging benefits to the organization but enables the outside world to interact and reach with local network assets, while producing threats to the organization.

Growing demand for privacy and network security worldwide is one of the major factors driving the growth of network security firewall market during the forecast period from 2018 to 2026. Serving as the first line of defense and protector against lethal attacks and traffic that passes in and out of a network, firewalls are critical components that help in securing the private systems of most of the home systems, organizations, etc. In recent years, firewall protection has come a long way and is still evolving to keep pace with the new threats. Network security firewalls have greatly improved their ability to integrate threat intelligence and defense to protect against a range of threats including control and command servers, botnets, advanced persistent threats (APTs) and zero-day threats.

Market Snapshot

 

Network Security Firewall Market

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"Signaling Firewall to Remain Dominant during the Forecast Period from 2018 to 2026"

In 2017, signaling firewall accounted for largest market share in the overall network security firewall market. Signaling firewall is further sub-segmented into SS7 firewall and diameter firewall. In recent years, a number of vulnerabilities in signaling networks has been identified and exploited on a global scale for attacks on individual subscribers and operators. Without a signaling firewall, networks are by default exposed to innumerable vulnerabilities. The growth of signaling firewall segment is primarily accredited to a substantial surge in the number of diameter attacks across the telecom industry. Diameter firewall aids in identifying and preventing a wide range of attacks. It benefits telecom service providers to avert their LTE network against malicious attacks. Diameter firewall filters and monitors the IP packets received over the LTE networks from other GSM or LTE networks and safeguard operators against the anomalous data packets received from unauthorized networks.

Network Security Firewall Market

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"North America Garnered Largest Market Share in 2017"

The global network security firewall market, based on geography was led by North America in 2017 and is likely to remain dominant throughout the forecast period from 2018 to 2026. Rising incidents of cyber-threats across the region is one of the prominent factor driving the market growth. Stringent regulations in the IT and telecom industry to secure systems from malware attacks and other unauthorized sites is also boosting the market growth in the region. Moreover, rapid adoption of cloud applications and solutions are playing crucial role in propelling the growth of network security firewall in the region.  Also, substantial rise in the number of smartphone and mobile phones network users is altogether helping the network security firewall market to grow at a higher rate.

Network Security Firewall Market

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Competitive Insights

Network security firewall manufacturers are adopting strategies like new product development and partnerships to cater the needs of their customers and gain competitive advantage over other players. The major players in the network security firewall market include AdaptiveMobile Security, Anam Technologies, Cellusys, Evolved Intelligence, Hewlett Packard Enterprise Development LP, Mobileum Inc., Omobio, Openmind Networks, SAP SE, Sinch, Symsoft, and Tata Communications among others.

Network Security Firewall Market 

Historical & Forecast Period

The research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segments calculated for the forecast period from 2018 to 2026.

Report Scope by Segments

Network security firewall market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global network security firewall market based on solution, services, type, deployment model and geography. Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Solution Segment (2016-2026; US$ Bn)
 • SMS Firewall
   o A2P Messaging
   o P2A Messaging
 • Signaling Firewall
   o SS7 Firewall
   o Diameter Firewall

 Services Segment (2016-2026; US$ Bn)
 • Professional Services
 • Support and Maintenance
 • Managed Services

 Type Segment (2016-2026; US$ Bn)
 • Packet Filtering Firewall
 • Stateful Packet Inspection
 • Circuit-level Gateways
 • Proxy Firewalls (Application-level Gateways)
 • Next Generation Firewall

 Deployment Model Segment (2016 – 2026; US$ Bn)
 • On-premise
 • Cloud

 Geography Segment (2016-2026; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (Japan, China, India, Rest of APAC)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the market size of network security firewall market in 2017 and forecast up to 2026?
  • What are the key factors driving the global network security firewall market?
  • What are the key market trends and high-growth opportunities observed in the network security firewall market?
  • What are the drivers of the network security firewall market?
  • Which is the largest regional market for network security firewall market?
  • Which segment will grow at a faster pace? Why?
  • Which region will drive the market growth? Why?
  • Which players are leading the network security firewall market?
  • What are the sustainability strategies adopted by the key players operating in the market?
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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Apr 2019
Category:  Technology & Media
Report ID:   59679
Report Format:   PDF
Pages:   120
Rating:    4.2 (58)
Delivery Time: 24 Hours to 48 Hours   
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