Press release
Firewall-As-A-Service Global Market Report 2024 To 2033 | Barracuda Networks Inc., Cisco Systems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc
Firewall-As-A-Service Market Share
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=7823&type=smp
According to The Business Research Company's, The firewall-as-a-service market size has grown exponentially in recent years. It will grow from $2.79 billion in 2023 to $3.44 billion in 2024 at a compound annual growth rate (CAGR) of 23.3%. The growth in the historic period can be attributed to increase in cybersecurity threats, growth in remote work and cloud adoption, emphasis on network security and access control, adoption of bring your own device (byod) policies, rise of software-defined networking (sdn).
The firewall-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $8.74 billion in 2028 at a compound annual growth rate (CAGR) of 26.3%. The growth in the forecast period can be attributed to increased adoption of zero trust security models, growth in internet of things (iot) security, emphasis on cloud-native security solutions, expansion of firewall-as-a-service for 5g networks, rise of cloud-native firewalls. Major trends in the forecast period include integration of artificial intelligence in firewall-as-a-service, micro-segmentation for enhanced network security, integration with cloud security posture management (cspm), emphasis on threat intelligence and threat hunting, adoption of secure access service edge (sase) principles in firewall-as-a-service.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/firewall-as-a-service-global-market-report
Market Drivers and Trends:
The increase in the number of fraud cases and cyber-attacks is expected to propel the growth of the firewall as a service market going forward. A cyberattack is a malicious and deliberate attempt by an individual or organization to breach the information system of another individual or organization. Cybercrime has increased every year as people try to benefit from vulnerable business systems. The visibility and traffic filtering that a firewall provides enable an organization to identify and block a large percentage of malicious traffic before it enters the network perimeter and can provide defense in depth. For instance, according to an article published by Forbes, a US-based business magazine, the average number of cyberattacks and data breaches worldwide increased by 15.1% in 2020. Furthermore, according to a statistical report published by Packetlabs, a Canadian-based penetration testing company, in 2021 cybercrime costs the world $6 trillion and by 2025 this figure would climb to $10.5 trillion. Therefore, an increase in the number of fraud cases and cyber-attacks will drive the firewall-as-a-service market.
Product innovations have emerged as the key trend gaining popularity in the 5G chipset market. The major players in the market are developing innovative products for market growth. For instance, in June 2021, Samsung Electronics, a South Korea-based electronics company, developed 3GPP Rel.16 compliant chipsets, a range of next-generation 5G chipsets that deliver cutting-edge 5G technologies. The new chipsets consist of a second-generation 5G modem System-on-Chip (SoC), a third-generation mmWave Radio Frequency Integrated Circuit (RFIC) chip, and a Digital Front End (DFE)-RFIC integrated chip. These are designed to increase power efficiency, boost performance, and reduce the size of 5G solutions.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Barracuda Networks Inc., Cisco Systems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc., Check Point Software Technologies Inc., Palo Alto Networks Inc., WatchGuard Technologies Inc, Microsoft Corporation, SonicWall, Sophos group PLC., Zscaler Inc., Akamai Technologies Inc., Armor Defense Inc., AT&T Inc., Lumen Technologies Inc., Cloudflare Inc., Comodo Security Solutions Inc., Cyxtera Technologies, F5 Inc., Google LLC., The International Business Machines Corporation., Netskope Inc., Okta Inc., Oracle corporation., Proofpoint Inc., Qualys Inc., Secureworks Inc., Broadcom Inc., Trend Micro Inc., Vmware Inc.
Firewall-As-A-Service Market 2024 Key Insights:
• The firewall-as-a-service market size is expected to see exponential growth in the next few years. It will grow to $8.74 billion in 2028 at a compound annual growth rate (CAGR) of 26.3%.
• Rising Cyberattacks And Fraud Incidents Drive Firewall-As-A-Service Market Growth
• Cloud-Based Firewall Advancements Drive Innovation In Firewall-As-A-Service Market
• North America was the largest region in the firewall as a service market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=7823&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Firewall-As-A-Service Global Market Report 2024 To 2033 | Barracuda Networks Inc., Cisco Systems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc here
News-ID: 3752027 • Views: …
More Releases from The Business research company
Emerging Sub-Segments Transforming the Cold Pressed Juice Market Landscape
The cold pressed juice market is on the verge of significant expansion as consumers increasingly seek healthier and more functional beverage options. Shifting preferences towards immunity-boosting drinks and sustainability are driving innovation and growth in this sector. Let's explore the current market size, influential players, emerging trends, and segment breakdowns shaping the future of cold pressed juices.
Cold Pressed Juice Market Size and Growth Expectations Through 2030
The market for…
Top Companies and Industry Competition in the Coffee Franchise Market
The coffee franchise industry is positioned for significant expansion in the coming years, driven by evolving consumer preferences and strategic market initiatives. Increasing demand for high-quality coffee experiences and innovative business models is shaping the future landscape. Let's explore the current market size, leading companies, key trends, and major segments that define this dynamic sector.
Projected Growth and Market Size of the Coffee Franchise Market by 2030
The coffee franchise…
Coconut Sugar Market Overview: Major Segments, Strategic Developments, and Leadi …
The coconut sugar market is gaining significant momentum and is poised for notable expansion over the coming years. Driven by evolving consumer preferences and increasing interest in healthier and sustainable sweeteners, this market presents promising opportunities for businesses and consumers alike. Let's explore the market's size, key players, emerging trends, and segmentation in detail.
Projected Expansion of the Coconut Sugar Market Size Through 2030
The coconut sugar market is forecasted…
Emerging Sub-Segments Transforming the Clarithromycin Tablets Market Landscape
The clarithromycin tablets market is poised for notable expansion in the coming years, driven by several healthcare and pharmaceutical developments. As demand for effective antibiotic treatments rises globally, this sector is attracting considerable attention from manufacturers and healthcare providers alike. Let's explore the market's size, key players, prevailing trends, and segmentation to understand its current landscape and future potential.
Projected Market Valuation and Growth Trajectory for Clarithromycin Tablets
The clarithromycin…
More Releases for Firewall
Firewall Analyzer Market - Strategy Analysis Report
The "Rabies Immunoglobulin Market" forecast 2031 report analyses the present and future competitive scenario of the analytics industry. Rabies Immunoglobulin Market report offers an in-depth analysis on segments including top companies, products, applications, revenue and regions. a number of topics including likewise market share, drivers, trends and methods. This report additionally offers insights into the latest growth and trends. It encapsulates key aspects of the market, with focus on leading…
Firewall-As-A-Service Market Trends That Will Shape the Next Decade: Insights fr …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Firewall-As-A-Service Market Size By 2025?
The market size of firewall-as-a-service has seen an explosive growth in the past few years. It is projected to increase from $3.37 billion in 2024 to $4.13 billion in 2025, marking a compound annual growth rate (CAGR) of 22.6%. This surge during the historic period…
Enterprise Firewall Hardware Market Size Analysis by Application, Type, and Regi …
USA, New Jersey- According to Market Research Intellect, the global Enterprise Firewall Hardware market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for enterprise firewall hardware is expanding rapidly due to the growing demand for cutting-edge cybersecurity solutions to safeguard vital company information and…
Enterprise Firewall Hardware Market Size Analysis by Application, Type, and Regi …
USA, New Jersey- According to Market Research Intellect, the global Enterprise Firewall Hardware market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The Enterprise Firewall Hardware Market is expanding rapidly due to the increasing need for robust cybersecurity solutions in organizations. As cyber threats become more…
Key Influencer in the Enterprise Firewall Market 2025: Enterprise Firewall Marke …
How Are the key drivers contributing to the expansion of the enterprise firewall market?
The escalating number of cyberattacks is predicted to fuel the expansion of the enterprise firewall market in the future. A cyberattack involves any attempt to damage a computer, computing system, or network by gaining unauthorized access. The deployment of enterprise firewalls across various businesses provides a strong protective system, substantially mitigating the threat of cyber-attacks and protecting…
Standalone Firewall Program Market Company Share, Major Competitors, Regional Se …
Market Overview:
A standalone firewall program provides network security through a dedicated hardware or software appliance that sits between an organization's private network and the public internet. Such programs are commonly used by small businesses with less complex networking and security needs.
Market Dynamics:
The standalone firewall program market is driven by growing adoption of cloud-based services among small businesses and need for basic network security. According to a recent survey, over 50%…
