Firewall as a Service Market Dynamics 2021-2031
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.
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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
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Firewall As A Service Market - By Service Model
1.3.2 Firewall As A Service Market - By Deployment Model
1.3.3 Firewall As A Service Market - By Organizational Size
1.3.4 Firewall As A Service Market - By Industry Vertical
1.3.5 Firewall As A Service Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FIREWALL AS A SERVICE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. FIREWALL AS A SERVICE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FIREWALL AS A SERVICE MARKET - GLOBAL MARKET ANALYSIS
6.1. FIREWALL AS A SERVICE - GLOBAL MARKET OVERVIEW
6.2. FIREWALL AS A SERVICE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FIREWALL AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - SERVICE MODEL
7.1. OVERVIEW
7.2. SERVICE MODEL MARKET FORECASTS AND ANALYSIS
7.3. INFRASTRUCTURE-AS-A-SERVICE (IAAS)
7.3.1. Overview
7.3.2. Infrastructure-as-a-Service (IaaS) Market Forecast and Analysis
7.4. PLATFORM-AS-A-SERVICE (PAAS)
7.4.1. Overview
7.4.2. Platform-as-a-Service (PaaS) Market Forecast and Analysis
7.5. SOFTWARE-AS-A-SERVICE (SAAS)
7.5.1. Overview
7.5.2. Software-as-a-Service (SaaS) Market Forecast and Analysis
8. FIREWALL AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - DEPLOYMENT MODEL
8.1. OVERVIEW
8.2. DEPLOYMENT MODEL MARKET FORECASTS AND ANALYSIS
8.3. PUBLIC CLOUD
8.3.1. Overview
8.3.2. Public cloud Market Forecast and Analysis
8.4. PRIVATE CLOUD
8.4.1. Overview
8.4.2. Private cloud Market Forecast and Analysis
8.5. HYBRID CLOUD
8.5.1. Overview
8.5.2. Hybrid cloud Market Forecast and Analysis
9. FIREWALL AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - ORGANIZATIONAL SIZE
9.1. OVERVIEW
9.2. ORGANIZATIONAL SIZE MARKET FORECASTS AND ANALYSIS
9.3. SMALL AND MEDIUM-SIZED ENTERPRISES (SMES)
9.3.1. Overview
9.3.2. Small and Medium-sized Enterprises (SMEs) Market Forecast and Analysis
9.4. LARGE ENTERPRISES
9.4.1. Overview
9.4.2. Large enterprises Market Forecast and Analysis
10. FIREWALL AS A SERVICE MARKET - REVENUE AND FORECASTS TO 2028 - INDUSTRY VERTICAL
10.1. OVERVIEW
10.2. INDUSTRY VERTICAL MARKET FORECASTS AND ANALYSIS
10.3. BANKINGFINANCIAL SERVICES AND INSURANCE (BFSI)
10.3.1. Overview
10.3.2. BankingFinancial Services and Insurance (BFSI) Market Forecast and Analysis
10.4. EDUCATION
10.4.1. Overview
10.4.2. Education Market Forecast and Analysis
10.5. ENERGY AND UTILITIES
10.5.1. Overview
10.5.2. Energy and utilities Market Forecast and Analysis
10.6. GOVERNMENT AND PUBLIC SECTOR
10.6.1. Overview
10.6.2. Government and public sector Market Forecast and Analysis
10.7. HEALTHCARE AND LIFE SCIENCES
10.7.1. Overview
10.7.2. Healthcare and life sciences Market Forecast and Analysis
10.8. MANUFACTURING
10.8.1. Overview
10.8.2. Manufacturing Market Forecast and Analysis
10.9. RETAIL AND ECOMMERCE
10.9.1. Overview
10.9.2. Retail and eCommerce Market Forecast and Analysis
10.10. TELECOMMUNICATION
10.10.1. Overview
10.10.2. Telecommunication Market Forecast and Analysis
10.11. OTHERS
10.11.1. Overview
10.11.2. Others Market Forecast and Analysis
11. FIREWALL AS A SERVICE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Firewall As A Service Market Overview
11.1.2 North America Firewall As A Service Market Forecasts and Analysis
11.1.3 North America Firewall As A Service Market Forecasts and Analysis - By Service Model
11.1.4 North America Firewall As A Service Market Forecasts and Analysis - By Deployment Model
11.1.5 North America Firewall As A Service Market Forecasts and Analysis - By Organizational Size
11.1.6 North America Firewall As A Service Market Forecasts and Analysis - By Industry Vertical
11.1.7 North America Firewall As A Service Market Forecasts and Analysis - By Countries
11.1.7.1 United States Firewall As A Service Market
11.1.7.1.1 United States Firewall As A Service Market by Service Model
11.1.7.1.2 United States Firewall As A Service Market by Deployment Model
11.1.7.1.3 United States Firewall As A Service Market by Organizational Size
11.1.7.1.4 United States Firewall As A Service Market by Industry Vertical
11.1.7.2 Canada Firewall As A Service Market
11.1.7.2.1 Canada Firewall As A Service Market by Service Model
11.1.7.2.2 Canada Firewall As A Service Market by Deployment Model
11.1.7.2.3 Canada Firewall As A Service Market by Organizational Size
11.1.7.2.4 Canada Firewall As A Service Market by Industry Vertical
11.1.7.3 Mexico Firewall As A Service Market
11.1.7.3.1 Mexico Firewall As A Service Market by Service Model
11.1.7.3.2 Mexico Firewall As A Service Market by Deployment Model
11.1.7.3.3 Mexico Firewall As A Service Market by Organizational Size
11.1.7.3.4 Mexico Firewall As A Service Market by Industry Vertical
11.2. EUROPE
11.2.1 Europe Firewall As A Service Market Overview
11.2.2 Europe Firewall As A Service Market Forecasts and Analysis
11.2.3 Europe Firewall As A Service Market Forecasts and Analysis - By Service Model
11.2.4 Europe Firewall As A Service Market Forecasts and Analysis - By Deployment Model
11.2.5 Europe Firewall As A Service Market Forecasts and Analysis - By Organizational Size
11.2.6 Europe Firewall As A Service Market Forecasts and Analysis - By Industry Vertical
11.2.7 Europe Firewall As A Service Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Firewall As A Service Market
11.2.7.1.1 Germany Firewall As A Service Market by Service Model
11.2.7.1.2 Germany Firewall As A Service Market by Deployment Model
11.2.7.1.3 Germany Firewall As A Service Market by Organizational Size
11.2.7.1.4 Germany Firewall As A Service Market by Industry Vertical
11.2.7.2 France Firewall As A Service Market
11.2.7.2.1 France Firewall As A Service Market by Service Model
11.2.7.2.2 France Firewall As A Service Market by Deployment Model
11.2.7.2.3 France Firewall As A Service Market by Organizational Size
11.2.7.2.4 France Firewall As A Service Market by Industry Vertical
11.2.7.3 Italy Firewall As A Service Market
11.2.7.3.1 Italy Firewall As A Service Market by Service Model
11.2.7.3.2 Italy Firewall As A Service Market by Deployment Model
11.2.7.3.3 Italy Firewall As A Service Market by Organizational Size
11.2.7.3.4 Italy Firewall As A Service Market by Industry Vertical
11.2.7.4 United Kingdom Firewall As A Service Market
11.2.7.4.1 United Kingdom Firewall As A Service Market by Service Model
11.2.7.4.2 United Kingdom Firewall As A Service Market by Deployment Model
11.2.7.4.3 United Kingdom Firewall As A Service Market by Organizational Size
11.2.7.4.4 United Kingdom Firewall As A Service Market by Industry Vertical
11.2.7.5 Russia Firewall As A Service Market
11.2.7.5.1 Russia Firewall As A Service Market by Service Model
11.2.7.5.2 Russia Firewall As A Service Market by Deployment Model
11.2.7.5.3 Russia Firewall As A Service Market by Organizational Size
11.2.7.5.4 Russia Firewall As A Service Market by Industry Vertical
11.2.7.6 Rest of Europe Firewall As A Service Market
11.2.7.6.1 Rest of Europe Firewall As A Service Market by Service Model
11.2.7.6.2 Rest of Europe Firewall As A Service Market by Deployment Model
11.2.7.6.3 Rest of Europe Firewall As A Service Market by Organizational Size
11.2.7.6.4 Rest of Europe Firewall As A Service Market by Industry Vertical
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Firewall As A Service Market Overview
11.3.2 Asia-Pacific Firewall As A Service Market Forecasts and Analysis
11.3.3 Asia-Pacific Firewall As A Service Market Forecasts and Analysis - By Service Model
11.3.4 Asia-Pacific Firewall As A Service Market Forecasts and Analysis - By Deployment Model
11.3.5 Asia-Pacific Firewall As A Service Market Forecasts and Analysis - By Organizational Size
11.3.6 Asia-Pacific Firewall As A Service Market Forecasts and Analysis - By Industry Vertical
11.3.7 Asia-Pacific Firewall As A Service Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Firewall As A Service Market
11.3.7.1.1 Australia Firewall As A Service Market by Service Model
11.3.7.1.2 Australia Firewall As A Service Market by Deployment Model
11.3.7.1.3 Australia Firewall As A Service Market by Organizational Size
11.3.7.1.4 Australia Firewall As A Service Market by Industry Vertical
11.3.7.2 China Firewall As A Service Market
11.3.7.2.1 China Firewall As A Service Market by Service Model
11.3.7.2.2 China Firewall As A Service Market by Deployment Model
11.3.7.2.3 China Firewall As A Service Market by Organizational Size
11.3.7.2.4 China Firewall As A Service Market by Industry Vertical
11.3.7.3 India Firewall As A Service Market
11.3.7.3.1 India Firewall As A Service Market by Service Model
11.3.7.3.2 India Firewall As A Service Market by Deployment Model
11.3.7.3.3 India Firewall As A Service Market by Organizational Size
11.3.7.3.4 India Firewall As A Service Market by Industry Vertical
11.3.7.4 Japan Firewall As A Service Market
11.3.7.4.1 Japan Firewall As A Service Market by Service Model
11.3.7.4.2 Japan Firewall As A Service Market by Deployment Model
11.3.7.4.3 Japan Firewall As A Service Market by Organizational Size
11.3.7.4.4 Japan Firewall As A Service Market by Industry Vertical
11.3.7.5 South Korea Firewall As A Service Market
11.3.7.5.1 South Korea Firewall As A Service Market by Service Model
11.3.7.5.2 South Korea Firewall As A Service Market by Deployment Model
11.3.7.5.3 South Korea Firewall As A Service Market by Organizational Size
11.3.7.5.4 South Korea Firewall As A Service Market by Industry Vertical
11.3.7.6 Rest of Asia-Pacific Firewall As A Service Market
11.3.7.6.1 Rest of Asia-Pacific Firewall As A Service Market by Service Model
11.3.7.6.2 Rest of Asia-Pacific Firewall As A Service Market by Deployment Model
11.3.7.6.3 Rest of Asia-Pacific Firewall As A Service Market by Organizational Size
11.3.7.6.4 Rest of Asia-Pacific Firewall As A Service Market by Industry Vertical
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Firewall As A Service Market Overview
11.4.2 Middle East and Africa Firewall As A Service Market Forecasts and Analysis
11.4.3 Middle East and Africa Firewall As A Service Market Forecasts and Analysis - By Service Model
11.4.4 Middle East and Africa Firewall As A Service Market Forecasts and Analysis - By Deployment Model
11.4.5 Middle East and Africa Firewall As A Service Market Forecasts and Analysis - By Organizational Size
11.4.6 Middle East and Africa Firewall As A Service Market Forecasts and Analysis - By Industry Vertical
11.4.7 Middle East and Africa Firewall As A Service Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Firewall As A Service Market
11.4.7.1.1 South Africa Firewall As A Service Market by Service Model
11.4.7.1.2 South Africa Firewall As A Service Market by Deployment Model
11.4.7.1.3 South Africa Firewall As A Service Market by Organizational Size
11.4.7.1.4 South Africa Firewall As A Service Market by Industry Vertical
11.4.7.2 Saudi Arabia Firewall As A Service Market
11.4.7.2.1 Saudi Arabia Firewall As A Service Market by Service Model
11.4.7.2.2 Saudi Arabia Firewall As A Service Market by Deployment Model
11.4.7.2.3 Saudi Arabia Firewall As A Service Market by Organizational Size
11.4.7.2.4 Saudi Arabia Firewall As A Service Market by Industry Vertical
11.4.7.3 U.A.E Firewall As A Service Market
11.4.7.3.1 U.A.E Firewall As A Service Market by Service Model
11.4.7.3.2 U.A.E Firewall As A Service Market by Deployment Model
11.4.7.3.3 U.A.E Firewall As A Service Market by Organizational Size
11.4.7.3.4 U.A.E Firewall As A Service Market by Industry Vertical
11.4.7.4 Rest of Middle East and Africa Firewall As A Service Market
11.4.7.4.1 Rest of Middle East and Africa Firewall As A Service Market by Service Model
11.4.7.4.2 Rest of Middle East and Africa Firewall As A Service Market by Deployment Model
11.4.7.4.3 Rest of Middle East and Africa Firewall As A Service Market by Organizational Size
11.4.7.4.4 Rest of Middle East and Africa Firewall As A Service Market by Industry Vertical
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Firewall As A Service Market Overview
11.5.2 South and Central America Firewall As A Service Market Forecasts and Analysis
11.5.3 South and Central America Firewall As A Service Market Forecasts and Analysis - By Service Model
11.5.4 South and Central America Firewall As A Service Market Forecasts and Analysis - By Deployment Model
11.5.5 South and Central America Firewall As A Service Market Forecasts and Analysis - By Organizational Size
11.5.6 South and Central America Firewall As A Service Market Forecasts and Analysis - By Industry Vertical
11.5.7 South and Central America Firewall As A Service Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Firewall As A Service Market
11.5.7.1.1 Brazil Firewall As A Service Market by Service Model
11.5.7.1.2 Brazil Firewall As A Service Market by Deployment Model
11.5.7.1.3 Brazil Firewall As A Service Market by Organizational Size
11.5.7.1.4 Brazil Firewall As A Service Market by Industry Vertical
11.5.7.2 Argentina Firewall As A Service Market
11.5.7.2.1 Argentina Firewall As A Service Market by Service Model
11.5.7.2.2 Argentina Firewall As A Service Market by Deployment Model
11.5.7.2.3 Argentina Firewall As A Service Market by Organizational Size
11.5.7.2.4 Argentina Firewall As A Service Market by Industry Vertical
11.5.7.3 Rest of South and Central America Firewall As A Service Market
11.5.7.3.1 Rest of South and Central America Firewall As A Service Market by Service Model
11.5.7.3.2 Rest of South and Central America Firewall As A Service Market by Deployment Model
11.5.7.3.3 Rest of South and Central America Firewall As A Service Market by Organizational Size
11.5.7.3.4 Rest of South and Central America Firewall As A Service Market by Industry Vertical
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. FIREWALL AS A SERVICE MARKET, KEY COMPANY PROFILES
13.1. BARRACUDA NETWORKS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. CATO NETWORKS
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. CHECK POINT SOFTWARE TECHNOLOGIES
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. CISCO SYSTEMSINC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. FORCEPOINT
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. FORTINET
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. JUNIPER NETWORKS
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PALO ALTO NETWORKS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. WATCHGUARD
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ZSCALER
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1.Barracuda Networks
2.Cato Networks
3.Check Point Software Technologies
4.Cisco SystemsInc.
5.Forcepoint
6.Fortinet
7.Juniper Networks
8.Palo Alto Networks
9.WatchGuard
10.Zscaler
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.