Market Research Report
Network Security Firewall Market by Component, Solution (Signaling Firewall (SS7 and Diameter Firewall) and SMS Firewall (A2P and P2A Messaging)), Service (Professional Services and Managed Services), Deployment, and Region - Global Forecast to 2023
|Published by||MarketsandMarkets||Product code||556898|
|Published||Content info||158 Pages
Delivery time: 1-2 business days
|Network Security Firewall Market by Component, Solution (Signaling Firewall (SS7 and Diameter Firewall) and SMS Firewall (A2P and P2A Messaging)), Service (Professional Services and Managed Services), Deployment, and Region - Global Forecast to 2023|
|Published: April 5, 2019||Content info: 158 Pages||
"The network security firewall market is expected to grow at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period, owing to growing network security and privacy concerns, increase in SS7 vulnerabilities, and advancement of digital transformation in telecommunication industry."
The global network security firewall market size is expected to grow from USD 3.0 billion in 2018 to USD 5.3 billion by 2023, at a CAGR of 12.2% during the forecast period. Due to the growing momentum of interconnected devices, the risk of security breach increased as the fraudsters found alternatives such as SMS SPAMs and SMS fraud through grey routes to exploit personal information over the organization's network. Real-time streaming analysis and filtering of SS7 vulnerabilities have been major components of network security firewall and firewall developers are using fraud detection techniques to monitor the traffic behavior of the network. Telecom organizations use network security firewall tools to dynamically extract traffic patterns from the packets transmitted as well as received at the network and continuously check network behavior against malicious contents, and to report all detected anomalies.
Based on the network vulnerabilities, signaling firewall is further segmented into SS7, diameter firewall, and others. SS7 firewall helps telecom service providers to detect and protect against the SS7 vulnerabilities, such as user location tracking, fraud, denial of service (DoS), or even call interception. Diameter firewall helps mobile network operators to prevent their LTE network against malicious attacks and illicit messages. This firewall monitor and filters the IP packets received over the LTE networks from other LTE or GSM networks and protect the operators against the anomalous data packets received from the unauthorized networks. The growth in the signaling firewall solutions is attributed to a significant increase in the number of diameter attacks in the telecom industry.
Deployment and integration, consulting, and support and maintenance services play a vital role in the telecom ecosystem. Services are considered a key component of the network security firewall market, as they focus on the protection of telecom networks from fraudulent attacks and are instrumental in fulfilling the custom requirements of clients. Based on services, the network security firewall market is split into professional and managed services. Professional services offer tailored solutions to meet the telecom operators' networking needs, such as network architecture, on-premises, and cloud migration solutions. These services include deployment and integration, support and training, and business consulting. The managed services help CSPs to improve their network availability by protecting their network against unauthorized access to business resources.
North America is expected to hold the largest market size in the network security firewall market during the forecast period, owing to the new look US telecom regulatory body Federal Communications Commission (FCC). They are less stringent as compared to old administration, by rolling back several stringent regulations of the previous regime. They benefited most of the telecom operators to choose and implement new services and solution. According to NASDAQ, the 4G LTE wireless penetration is currently 83% in North America, this can primarily be attributed to most carrier's intention to upgrade to 5G wireless network standard which requires massive investment.
The MEA market is expected to witness significant growth in the network security firewall, as telecom operators are implementing firewall solution across their network. The adoption of mobile phones and smartphones is on the rise in the region and has provided mobile network operators a broad subscriber base in MEA. The region is one of the leading markets for messaging solutions and the telecommunications sector due to network upgradations, which are driving investments in the region. According to FireEye Dynamic Threat Intelligence (DTI) report, organizations in the UAE, Saudi Arabia, and Qatar were attacked by various kinds of network threat, frauds, and SMS spoofs.
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The breakup of the profiles of the primary participants is as follows:
The network security firewall market includes major vendors, such as Symsoft, Cellusys, Adaptive Mobile, Evolved Intelligence, Mobileum, Tata Communications, AMD Telecom S.A., Openmind Networks, ANAM Technologies, and Omobio.
The report includes an in-depth competitive analysis of the key players in the network security firewall market along with their company profiles, recent developments, and key market strategies. The report segments the network security firewall market by component (solution and service), deployment, and region.
The network security firewall market has been segmented on the basis of component (solution and service), deployment, type, and region.
The report will help market leaders/new entrants in the network security firewall market in the following ways:
(Business Overview, Products, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
Details on Business Overview, Products, Solutions & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.