Enterprise Firewall Market Size, Status, Demand and Global Outlook- Cisco Systems, Juniper Networks, Palo Alto Networks, Cisco systems

This report discusses many vital industry facets that influence Global Enterprise Firewall  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

The Enterprise Firewall Market is expected to grow at a CAGR of 9.69% over the forecast period (2021 - 2026).

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Cisco Systems, Juniper Networks, Palo Alto Networks, Cisco systems among others.

News and Updates

- March 2020 - Sophos, a provider of Firewall announced schemes such as Sophos Home Commercial Edition Program for enterprise protection and free access for 90 days.

- May 2020 - Fortinet launched the worlds first Hyperscale enterprise network firewall, Fortinet 4200F which received a performance boost which is credited to a seventh-generation network processor that enables higher scalability and performance. FortiGate 4200F behaves as an integral part of the Fortinet Security fabric. It is engineered to enable an innovative, security-driven networking approach that seamlessly integrates networking with security.

- August 2020 - Infinity Labs launched Infinxt Secure SD WAN, a software-defined solution with Inbuilt next-generation firewall (NGFW). The Infinxt SD WAN offers enterprise security with rapid and easy deployment, optimized cloud infrastructure, with inbuilt NGFW. The solution focuses on delivering high-quality experience with business-centric applications without any compromise on security.

Market Overview

- Enterprise firewalls are the basic units of network security. They examine the flow of inbound and outbound data packets in an enterprise network against a set of predefined values to detect any malicious activity in the network.
- With the emergence of cloud technology, firewalls are now being deployed which offers a bundled solution that ensures availability of firewall on any device, addresses any traffic workload and enforces similar policies across the organization.
- According to the Identity Theft Resource Center (ITRC), in the United States in 2017, the commercial networks witnessed 1,013 breaches, exposing more than 166 million records, out of which 98% belonged to various organizations operating in the business sector.
- Covid-19 accelerated the adoption of cloud infrastructure and services as well which has made the businesses to shift to loud-based firewall and firewall-as-a-service. For instance, In June 2020, MrOwl, a Social Cloud Storage platform that combines search, social, and digital organization, started offering comprehensive resources and tools to enable the users to safeguard themselves and continue being productive in the era of work from home (WFH).
- Additionally, various venture capitalists and investors are keeping an eye for investments as the Covid-19 has provided new growth opportunities for the vendors in the market. For instance, In April 2020, Palo Alto content firewall business scored USD 120 million and plans on expanding further through acquisitions.

Regional and Country-level Analysis

- The North American region currently has the highest market share, due to the high preference of businesses for security, and continuous adoption of high performing network security solutions by organizations.
- Cloud solutions are playing a vital role in propelling the growth of enterprise firewall in this region, due to its attributes that include cost-effectiveness, automatic integrations, minimum IT investment, and easy accessibility.
- The latest technological breakthroughs have also assisted the advancement of the enterprise firewall market. These advancements can make the overall processes more efficient and can significantly improve accuracy in numerous applications. There have been a series of new product launches, mergers, and acquisitions in the North American region to take advantage of this opportunity.

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Enterprise Firewall Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Enterprise Firewall market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Enterprise Firewall market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Enterprise Firewall Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.