Press Release

Enterprise Firewall Market 2019: Industry Demand, Market Size, Share Insight & Forecast by 2024

Enterprise Firewall

The report provides an overview of the “Enterprise Firewall Market industry including definitions, division, key vendors, key Development and market challenges. The Enterprise Firewall Market analysis is provided the international markets including development trends, competitive landscape analysis, and key regions development status

Through the statistical analysis, the report depicts the global Enterprise Firewall Market including capacity, production, production value, cost/profit, supply/demand and import/export. The entire market is further distributed by company, by country, and by application/type for the competitive landscape analysis.

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The enterprise firewall market is expected to register a CAGR of 9.44 %, during the forecast period (2019 – 2024). Earlier used enterprise firewalls have lost their feasibility in the current market scenario, as the high level of threats posed by modern hacking methods cannot be handled by conventional systems.

– Enterprise firewalls are the basic unit of network security. They examine the flow of inbound and outbound data packets in an enterprise network against a set of predefined values to detect any malicious activity in the network.
– With the emergence of cloud technology, firewalls are now being deployed which offers a bundled solution that ensures availability of firewall on any device, addresses any traffic workload and enforces similar policies across the organization.
– According to the Identity Theft Resource Center (ITRC), in the US in 2017, the commercial networks witnessed 1013 breaches exposing more than 166 million records out of which 98% belonged to various organizations operating in the business sector.
– The increasing demand for network security, especially in the manufacturing sector is primarily due to the rapid adoption of Industry 4.0 policies, also IoT applications are expected to create a huge demand for enterprise firewall systems.

Scope of the Report

Firewalls are network protection solution that examines the flow of data packets in and out of the enterprise, they’re governed by some set of rules that decide whether that flow is safe, malicious, or questionable and in need of inspection.

The Enterprise Firewall Market report also presents the vendor countryside and a corresponding detailed analysis of the major vendors operating in the market. Enterprise Firewall Market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.

  • Fortinet Inc.
  • Palo Alto Networks
  • McAfee (Intel Security Group)
  • Dell Inc.
  • Cisco Systems Inc.
  • The Hewlett-Packard Company
  • Juniper Networks

    Key Market Trends

    Cloud Services to have High Growth Rate

    – Cloud computing is increasing day by day, owing to the flexible work environment, data distribution and efficient data storage that cloud computing provides is unmatched by any other traditional computing and data storage systems.
    – Consequently, numerous companies are heading towards cloud computing, placing their data and communications in the cloud. Security issues is one of the most important factor hampering the growth of cloud adoption.
    – Furthermore, cloud computing is estimated to grow at a robust rate during the forecast period. The increased adoption of cloud-based software has provided a number of benefits for companies from various industries, including the ability to use software from any device, either through a native app or through a browser. the growth of cloud computing is directly driving the growth of the enterprise firewall market as without a security layer, valuable data of the organizations are at stake as data breaches are increasing.

    North America Occupies the Largest Market Share

    – The North American region currently has the highest market share, due to the high preference of businesses for security, and continuous adoption of high performing network security solutions by organizations.
    – Cloud solutions are playing a vital role in propelling the growth of enterprise firewall in this region, due to its attributes that include cost-effectiveness, automatic integrations, minimum IT investment, and easy accessibility.
    – The latest technological breakthroughs have also assisted the advancement of the enterprise firewall market. These advancements can make the overall processes more efficient and can significantly improve accuracy in numerous applications. There have been a series of new product launches, mergers, and acquisitions in the North American region to take advantage of this opportunity.

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    Reasons to Purchase this Report

    • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
    • Study on product type and application expected to dominate the market.
    • Study on regions expected to witness fastest growth during the forecast period.
    • Identify the latest developments, market shares and strategies employed by the major market players.
    • 3 months’ analyst support along with the Market Estimate sheet (in excel).

    Detailed Table of Content of Global Enterprise Firewall Market – Growth, Trends, Forecast and Challenges (2019 – 2024)

    1. Introduction

    1.1 Study Deliverables

    1.2 General Study Assumptions

    2. Research Methodology

    2.1 Introduction

    2.2 Analysis Methodology

    2.3 Study Phases

    2.4 Econometric Modelling

    3. Executive Summary

    4. Market Overview and Trends of Enterprise Firewall Market

    4.1 Introduction

    4.2 Market Trends

    4.3 Porter’s Five Force Framework

    4.3.1 Bargaining Power of Suppliers

    4.3.2 Bargaining Power of Consumers

    4.3.3 Threat of New Entrants

    4.3.4 Threat of Substitute Products and Services

    4.3.5 Competitive Rivalry within the Industry

    5. Market Dynamics of Enterprise Firewall Market

    5.1 Drivers

    5.1.1 Increasing Production

    5.1.2 Rising Demand

    5.2 Restraints

    5.3 Opportunities

    6. Global Enterprise Firewall Market Segmentation, By Capacity

    7. Global Enterprise Firewall Market Segmentation, By Material Type

    7.1 Type 1

    7.2 Type 2

    7.3 Type 3

    8. Global Enterprise Firewall Market Segmentation, Segmented by Region

    8.1 North America

    8.1.1 United States

    8.1.2 Canada

    8.1.3 Rest of North America

    8.2 Asia-Pacific

    8.2.1 China

    8.2.2 Japan

    8.2.3 India

    8.2.4 Rest of Asia-Pacific

    8.3 Europe

    8.3.1 United Kingdom

    8.3.2 Germany

    8.3.3 France

    8.3.4 Russia

    8.3.5 Rest of Europe

    8.4 Rest of the World

    8.4.1 Brazil

    8.4.2 South Africa

    8.4.3 Others

    9. Competitive Landscape and Introduction of Enterprise Firewall Market

    9.1 Introduction

    9.2 Market Share Analysis

    9.3 Developments of Key Players

    10. Key Vendor Analysis (Overview, Products & Services, Strategies)

    10.1 Company 1

    10.2 Company 2

    10.3 Company 3

    11. Disclaimer

    And Many More….

    No. of Pages: – 120

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