PUBLISHER: TechNavio | PRODUCT CODE: 1756533
PUBLISHER: TechNavio | PRODUCT CODE: 1756533
The network security firewall market is forecasted to grow by USD 6,042.5 mn during 2024-2029, accelerating at a CAGR of 14.7% during the forecast period. The report on the network security firewall market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising adoption of cloud and implementation of byod, increasing need for network security and privacy, and advent of next-generation network security technologies involving integration of ai, ml, and big data analytics.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 13% |
CAGR | 14.7% |
Incremental Value | $6,042.5 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's network security firewall market is segmented as below:
By Deployment
By Type
By Application
By Geographical Landscape
This study identifies the emergence of network security firewall product launches as one of the prime reasons driving the network security firewall market growth during the next few years. Also, strategic partnerships and acquisitions among market companies and growing demand for sms firewalls will lead to sizable demand in the market.
The report on the network security firewall market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading network security firewall market vendors that include Barracuda Networks Inc., Cellusys Ltd., Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Forcepoint LLC, Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Technologies Co. Ltd., Infobip Ltd., International Business Machines Corp., Juniper Networks Inc., Mavenir Systems Inc., Omobio Pvt. Ltd., Palo Alto Networks Inc., SAP SE, Sinch AB, Tata Consultancy Services Ltd., Telefonica SA, and WatchGuard Technologies Inc.. Also, the network security firewall market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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