Firewall as a Service Market Study
The firewall appliances market holds majority of the FWaaS market share with approximately 22% CAGR estimation from 2017 to 2024. Traditionally, proxy servers and stateful inspection firewalls were used to protect the servers and network. However, with the change in the attacks and spreading its reach, internal networks require more protection than traditional ways. The UTM and NGFW were used to protect enterprises from internal and external network attacks.
Firewall as a Service Market is set to exceed USD 2.5 billion by Market Size Forecasters Add New Global Firewall as a Service Market by Manufacturers, Countries, Type and Application, Forecast to 2024 to its research database. The report presents a deep study of the market growth factors and drivers. The report spread across 145 pages with table and figures in it.
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Adoption of BYOD, digital banking, and connected devices is changing the firewall as a service market. The penetration of phones and the connectivity across the world has led to the rise in the hacking of the device and collect the financial information.
NGFW is attracting lot of companies with their public deployment model as majority of the players offer the product in the competitive FWaaS market. Organizations such as Tufin, Skybox Security and Firemon are offering management software tools required by any user to track and monitor the attacks and update the regulatory norms whenever required.
The rising number of attacks and need for security measures are fostering the growth of the Asia Pacific FWaaS market. Additionally, number of organizations are understanding the benefits of offering cloud deployment to their customers to get cost-benefits. Moreover, government initiatives to improve the security and introduce norms is creating growth opportunities for the security providers.
The players operating in the firewall as a service equipment space include Checkpoint, Palo Alto Networks, Fortinet, Cisco, IBM, Symantec, McAfee, and Sophos. Additionally, some of the pure management software providers holding strong place in the FWaaS market are Tufin, Firemon, Algosec, Skybox Security FireEye, and Watchguard.The industry is seeing a number of M&A in the past five years; for instance, the acquisition of Niara by HPE to expand their product offerings and brand value.
Firewall as a Service Market, By Product
Firewall, Proxy Server, Stateful Inspection Firewall, Unified Threat Management (UTM), Next-generation Firewall (NGFW)
Firewall Management Software/ Tools
Auditing and Compliance, Cloud Security, Connectivity Management, Automation, Backup and Recovery, Others
Firewall as a Service Market, By Delivery Model
Public, Private, Hybrid
Firewall as a Service Market, By Service Model
SaaS, IaaS, PaaS,
Firewall as a Service Market, By Application
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TABLE 1 FWaaS industry 360 degree synopsis, 2013 – 2024
TABLE 2 Global FWaaS market, 2013 – 2016, (USD Million)
TABLE 3 Global FWaaS market, 2017 – 2024, (USD Million)
TABLE 4 Global FWaaS market estimates by region, 2013 – 2016 (USD Million)
TABLE 5 Global FWaaS market estimates by region, 2017 – 2024 (USD Million)
TABLE 6 Global FWaaS market estimates by product, 2013 – 2016 (USD Million)
TABLE 7 Global FWaaS market estimates by product, 2017 – 2024 (USD Million)
TABLE 8 Global FWaaS market estimates by application, 2013 – 2016 (USD Million)
TABLE 9 Global FWaaS market estimates by application, 2017 – 2024 (USD Million)
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