Firewall as a Service Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

Cyber-attacks have become increasingly important around the world, and the massive increase in cyber theft in recent years has wreaked havoc on the business as a whole. The increased usage of BYOD, mobile transactions, and connected devices around the world has resulted in an increase in device cyber assaults and data breaches, prompting the widespread use of various firewall services. Firewalls are typically installed on each server to keep the network secure. A firewall as a service is similar to traditional firewalls in many aspects; however, because it is hosted in the cloud, it is accessible from anywhere and may be used on nearly any device.

MARKET DYNAMICS

Small and medium-sized enterprises are slowly but steadily adopting this technology because it provides customers with easier administration, extensive security services, customisable firewall solutions, and cost-effective capabilities. Because financial institutions are the target of the bulk of cyberattacks, the financial services industry (BFSI) contributes significantly to the growth of the Firewall as a Service Market.

MARKET SCOPE

The "Global Firewall as a Service Market Analysis to 2031" is a specialized and in-depth study of the Firewall as a Service Market with a special focus on the global market trend analysis. The report aims to provide an overview of the Firewall as a Service Market with detailed market segmentation by service model, deployment model, organizational size, and industry vertical and geography. The global Firewall as a Service Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Firewall as a Service Market players and offers key trends and opportunities in the Firewall as a Service Market.

MARKET SEGMENTATION

The global Firewall as a Service Market is segmented based on service model, deployment model, organizational size, and industry vertical. Based on service model, the market is Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS) and Software-as-a-Service (SaaS). Based on deployment model, the market is segmented into public cloud, private cloud, and hybrid cloud. Based on organizational size, the market is segmented into small and medium-sized enterprises and large enterprises. Based on industry vertical, the market is segmented into banking financial services and insurance education, energy and utilities, government and public sector, healthcare and life sciences, manufacturing, retail and ecommerce, telecommunication, and others

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Firewall as a Service Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Firewall as a Service Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Firewall as a Service Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the Firewall as a Service Market in these regions.

MARKET PLAYERS

The reports cover key developments in the Firewall as a Service Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Firewall as a Service Market are anticipated to lucrative growth opportunities in the future with the rising demand for Firewall as a Service Market. Below mentioned is the list of few companies engaged in the Firewall as a Service Market.

The report also includes the profiles of key Firewall as a Service Market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Barracuda Networks
  
•   Cato Networks
  
•   Check Point Software Technologies
  
•   Cisco Systems
  
•   Forcepoint
  
•   Fortinet
  
•   Juniper Networks
  
•   Palo Alto Networks
  
•   WatchGuard
  
•   Zscaler
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Firewall as a Service Report Scope