Firewall Management Market Detail Analysis focusing on Key Players are Cisco, McAfee, Check Point Technologies, Zscaler, Palo Networks, Juniper Networks, Kaspersky Lab, Barracuda Networks, Comodo Group.

Market Overview: -

Firewall Management Market size is anticipated to witness substantial growth during the forecast time span owing to rising instances of security breaches by unauthorized external agents. Intruders can gain access to a system for malicious purposes such as extraction of sensitive information, remote login, session hijacking, DDoS attack, trojan backdoor, or cookie theft. Furthermore, hackers can hack into an organization’s system and extract its clients’ personal and financial information or use the organization’s connection for launching viruses and worms from that system, leading to the loss of reputation.

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Top Key Players: -

Some of the key players in the Firewall management market are Cisco, McAfee, Check Point Technologies Ltd., Zscaler, Inc., Palo Networks, Inc., Juniper Networks, Inc., Kaspersky Lab, Barracuda Networks Inc., and Comodo Group. In March 2017, GoDaddy announced the acquisition of Sucuri to aid in the launching of their security service arm, GoDaddy Website Security and to gain access to the acquired company’s customer base.

Market share calculation in this report is not done based on companies covered in it. The calculation of Firewall management market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

Regional Segmentations: -

High investment in the development of this technology is a major factor contributing toward the growth of North America firewall management market. Increasing number of organization sectors such as BFSI and retail has led to a high demand of these systems in the Asia Pacific market, primarily in emerging economies such as India and China.

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Firewall management market can be segmented by type to include software and hardware. Software segment is expected to dominate in terms of market share and is expected to experience a high growth during the forecast time span. These allow thigher security, user customization, and more control over its function and protection features. Hardware systems in the firewall management market are pre-configured by the vendor to prevent unauthorized access to a wireless or wired network from intruders. These are effective with little to no configuration.

End use vertical segmentation of the firewall management market comprises BFSI, healthcare, government and defense, retail, transportation, consumer, and others. The penetration of these systems in the BFSI sector is very high as they hold a large portion of critical clientele information such as financial records. Furthermore, the increasing number of cyber-attacks on the BFSI industry has caused many organizations operating in this sector to undertake security solutions, thus contributing to the firewall management market growth.

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