Network Security Firewall Market with Emerging Trends | Top Key Players Updates, Business Growing Strategies, Competitive Dynamics, Industry
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The Key Players in The Global Market Are:
Adaptive Mobile security
AMD Telecom S.A
Cisco Systems, Inc.
Omobio (Pvt) Ltd
Symsoft AB (Sinch)
Cyberattacks across the globe are getting more frequent and sophisticated, particularly in North America and Europe. By 2025, Europe's economic growth and competitiveness are expected to spur with the penetration of smart systems in its significant financial and social sectors including, transportation, energy, public service, along with healthcare. Furthermore, the development and enforcement of these smart infrastructures are likely to contribute to the growth and employment of security measures subsequently.
Furthermore, Asia Pacific is more likely to get targeted by cybercriminals owing to the growth in digital transformation and increasing source of vulnerability from rising IoT connectivity. There is increase in several internet users along with greater interconnectivity among 4G mobile devices and higher mobile network traffic. The rising threat of cybercrime in APAC is also majorly because of the lack of transparency resulting in feeble cyber enforcements and regulations.
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The report segments the global Market as follows:
By Component (Solution and Services);
By Deployment (On-Premise and Cloud)
Due to the shutdown of businesses and the fall in the demand of network security firewall in the first quarter of 2020, the market is significantly impacted. Moreover, due to the falling GDP, the market will have negative impact on the growth rate of network security firewall market. However, the increasing number of works from home population, the market will witness potential demand of firewall services since; the risk of cyber threats is high. It is expected that the economy will regain its momentum soon; the market for network security firewall will witness a significant demand.
Globally, the network security firewall market is driven by rising concern among the industry players regarding the advent of new forms of cyber threats such as ransomware/micro ransomware, and DDoS.
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Answers that the report acknowledges:
Market size and growth rate during forecast period.
Key factors driving the Market.
Key market trends cracking up the growth of the Market
Challenges to market growth.
Key vendors of Network Security Firewall Market
Detailed SWOT analysis.
Opportunities and threats face by the existing vendors in Global Market>
Trending factors influencing the market in the geographical regions.
Strategic initiatives focusing the leading vendors.
PEST analysis of the market in the five major region.
If you have any queries pertaining to the report or would like further information, feel free to reach out to us at-
Contact Person: Sameer Joshi
The Insight Partners is a one stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialist in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
Our research model is very simple. We believe in client servicing and delivering best quality to our customers. Through our research content, we are making sure that our customers get value of their money along with better quality data and analysis.
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