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Network Security Firewall Market Top Players Shaping Industry Symsoft, Anam Technologies, Cellusys, SAP SE, Tata Communications Limited, Adaptive Mobile

10-26-2018 12:56 PM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Network-Security-Firewall

Network-Security-Firewall

A network security firewall involves management of the network traffic by controlling the entrance of threat across networks. The major benefits of network security firewalls is to improve the network security by protecting it against various threats such as botnets, command and control servers, advanced persistent threats (APTs), and zero-day threats.
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Increasing demand for network security and privacy is one of the major factors driving growth of the market

Increasing adoptions of Big Data, IoT, cloud computing, and others have changed the scenario of business needs, in order to promote maximum agility to achieve competitiveness. Due to this, concerns regarding data breaches, account hijacking, unauthorised access, and others has also increased. Hence, network security is one of the major concerns for organizations, in order to minimize the issues related to data security.

Increasing demand for administrative regulation for network security firewall is one of the major factors propelling growth of the market

Increasing adoption of cloud technology is one of the key factors for growth of market. According to Coherent Market Insights’ analysis, in 2016, 58% of the workloads were already shifted to cloud data centers, globally.
Organizations have to secure their data as it available virtually.
The cloud-based segment is expected to hold the largest market share in the network security firewall market during the forecast period (2017–2025)
The cloud-based segment is expected to have the largest market share during the forecasted period. Increasing adoption of cloud-based solutions by organisation in industries such as retail, BFSI, and government will require cloud-based security solution as their data is available in the cloud network.

Network Security Firewall: Regional Insights

North America accounted for the largest market share in global network security market in 2017, owing of increase number of cyber-threats across the various verticals such as healthcare, banking and financial, and retail and manufacturing. For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes were valued at over US$ 1.33 billion worldwide, where California witnessed loss of over US$ 255 million.

Network Security Firewall: Competitive Background

Key players operating in the network security firewall are Symsoft, Anam Technologies, Cellusys, SAP SE, Tata Communications Limited, Adaptive Mobile, AMD Telecom S.A., Evolved Intelligence, Hewlett Packard Enterprise, Mobileum, Omobio Pvt. Ltd., and Openmind Networks.

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Network Security Firewall Market: Taxonomy

By Solutions

• SMS Firewall
• Signalling Firewall
• Other

By Services
• Professional Services
• Managed Services

By Deployment
• On-premises
• Cloud-based
• NVF

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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Coherent Market Insights
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Email: sales@coherentmarketinsights.com

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