FWaaS is a firewall solution delivered as a cloud-based service that allows companies to simplify IT infrastructure. It provides next-generation firewall (NGFW) capabilities like web filtering, advanced threat protection (ATP), intrusion prevention system (IPS), and Domain Name System (DNS) security. FWaaS offerings provide economies of scale, allowing vendors to spread the cost of enhanced service offerings across many clients. However, they also have the ability to generate additional revenue by increasing their rates. Depending upon the specifics of any negotiation, the net financial effect of a move may be insignificant or even increase direct costs.
Growing demand for network security and privacy is on the rise and the increasing number of cyber-attacks and fraud cases is boosting the growth of the global firewall as a service market size. In addition, the increase in the adoption of IoT and BYOD trends positively impacts the growth of the market. However, data security and privacy concerns and additional costs associated with a firewall as a service are hampering the firewall as a service market growth. On the contrary, the rising popularity of the "as-a-Service model" in modern business enterprises is expected to offer remunerative opportunities for expansion of the firewall as a service market during the forecast period.
The firewall as a service market is segmented on the basis of service model, deployment model, enterprise size, industry vertical, and region. By service model, the market is bifurcated into infrastructure as a service, platform as a service, and Software as a Service. By deployment model, the market is segmented into public cloud, private cloud, and hybrid.
By enterprise size, it is categorized into large enterprises and SMEs. By industry vertical, the market is divided into BFSI, energy and utilities, IT and telecom, government and public sector, healthcare, manufacturing, retail, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
- The key players profiled in the firewall as a service market analysis are Amazon Web Services, Inc, Barracuda Networks, Inc., Cato Networks, Check Point Software Technologies Ltd., Cisco Systems, Inc., Forcepoint, Fortinet, IBM Corporation, Juniper Networks, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, SonicWall, Sophos Group plc, Trellix, WatchGuard, and Zscaler. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
- Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the firewall-as-a-service market analysis from 2021 to 2031 to identify the prevailing firewall-as-a-service market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the firewall-as-a-service market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global firewall-as-a-service market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Service Model
- Infrastructure as a Service
- Platform as a Service
- PaaS Type
- Application PaaS
- Integration PaaS
- Database PaaS
- Others
- Software as a Service
- SaaS Type
- Customer Relationship Management
- Enterprise Resource Planning
- Operation Management
- Human Resource Management
- Supply Chain Management
- Others
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid
By Enterprise Size
By Industry Vertical
- BFSI
- Energy and Utilities
- IT and Telecom
- Government and Public Sector
- Healthcare
- Manufacturing
- Manufacturing Type
- Food and Beverages
- Industrial Machinery and Heavy Equipment
- High Tech and Consumer Electronics
- Automotive
- Others
- Retail
- Others
By Region
- North America
- Europe
- United Kingdom
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia Pacific
- LAMEA
- Brazil
- Mexico
- UAE
- Saudi Arabia
- South Africa
- Rest of LAMEA
- Key Market Players
- Amazon Web Services, Inc
- Barracuda Networks, Inc.
- Cato Networks
- Check Point Software Technologies Ltd.
- Cisco Systems, Inc.
- Forcepoint
- Fortinet
- IBM Corporation
- Juniper Networks, Inc.
- McAfee Corp.
- Microsoft Corporation
- Palo Alto Networks
- SonicWall
- Sophos Group plc
- Trellix (formally fireeye)
- WatchGuard
- Zscaler