Press release
Enterprise Firewall Market Size 2024, Trends, CAGR Value, Top Players and Future Expectations to 2033
Enterprise Firewall Market Growth
As per the report, the enterprise firewall market size has grown rapidly in recent years. It will grow from $12.12 billion in 2023 to $13.45 billion in 2024 at a compound annual growth rate (CAGR) of 11.0%. The enterprise firewall market size is expected to see rapid growth in the next few years. It will grow to $20.55 billion in 2028 at a compound annual growth rate (CAGR) of 11.2%.
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Enterprise Firewall Market Growth Fueled By Escalating Cyberattacks
The rise in cyberattacks is expected to propel the growth of the enterprise firewall market going forward. A cyberattack is any attempt to harm a computer, computing system, or network by getting access to it. Implementing enterprise firewalls in various enterprises provides a robust defense mechanism that significantly reduces the risk of cyber-attacks, safeguarding critical assets and sensitive information while ensuring uninterrupted business operations. For instance, in June 2022, according to the Anti-Phishing Working Group, a US-based organization, in the first quarter of 2022, the group recorded a total of 1,025,968 phishing attacks, a 15% rise from the 888,585 attacks in the fourth quarter of 2021. Therefore, the rise in cyberattacks drives the growth of the enterprise firewall market.
Technological Advancements In Enterprise Firewall Market
Technological advancements are a key trend gaining popularity in the enterprise firewall market. Major companies operating in the enterprise firewall market are introducing cloud-based firewalls to sustain their position in the market. For instance, in February 2022, Juniper Networks Inc., a US-based developer and marketer of networking products, introduced Juniper Secure Edge, a cloud-delivered security solution. With the help of this new solution, enterprises could secure their workforces wherever they are by delivering Firewall-as-a-Service (FWaaS) as a single-stack software architecture. It provides unified policy management from a single UI for all security use cases with dynamic zero-trust segmentation, investment protection, and validated security effectiveness.
The enterprise firewall market covered in this report is segmented -
1) By Solution: Hardware, Software, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small And Medium Organizations, Large Organizations
4) By End-User: Healthcare, Manufacturing, Government, Retail, Education, Financial Services, Media, Communications, Other End-User Industries
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Major companies operating in the enterprise firewall market report are Google LLC, Dell Inc., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Broadcom Inc., The Hewlett-Packard Co., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., F5 Inc., Check Point Software Technologies Ltd., Trend Micro Inc., Extreme Networks Inc., Sangfor Technologies Inc., Forcepoint, SonicWALL Inc., Hillstone Networks Co., Barracuda Networks Inc., Imperva Inc., Trustwave Holdings, AhnLab Co. Ltd., WatchGuard Technologies Inc., Stormshield, AlgoSec
Contents of the report:
1. Executive Summary
2. Enterprise Firewall Market Report Structure
3. Enterprise Firewall Market Trends And Strategies
4. Enterprise Firewall Market - Macro Economic Scenario
5. Enterprise Firewall Market Size And Growth
…..
27. Enterprise Firewall Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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Production, means the output of Enterprise Firewall
Revenue, means the sales value of Enterprise Firewall
This report studies the global Enterprise Firewall market, analyzes and researches the Enterprise Firewall development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like
Check Point
Cisco
Palo Alto Networks
Fortinet
Dell SonicWALL
HP
WatchGuard
Barracuda Networks
Hillstone Networks
Huawei
Juniper Networks
Market segment by Regions/Countries, this report covers
United States
EU
Japan
China
India
Southeast Asia
Market segment by Type,…
