DUBLIN--(BUSINESS WIRE)--The "Network Security Firewall Market to 2027 - Global Analysis and Forecasts By Component, and Deployment Mode" report has been added to ResearchAndMarkets.com's offering.
The global network security firewall market is accounted to US$ 3,525.0 Mn in 2018 and is expected to grow at a CAGR of 13.1% during the forecast period 2019 - 2027, to account to US$ 10,531.1 Mn by 2027.
The global Network Security Firewall market is experiencing steady growth in the forecast period. Cybersecurity industry in the country is highly advanced in terms of the know-how and volume of local industry professionals. Moreover, recent incidences, including enterprise-level cyber-attacks and international cyberwarfare, have augmented awareness of cybersecurity threats and have boosted demand for cybersecurity products.
The need for better security solutions remains significant for an extensive range of IT sectors, such as business analytics; cloud computing; mobile computing; and social media. Also, automotive systems' vulnerability to hacking remains a concern is responsible for boosting the entire Network Security Firewall market.
A key trend which will predominantly affect the Network Security Firewall market in the coming years is the Emergence of network security threats and attacks, and Network threat caused by the widespread adoption of IoT. As IoT deployment continue to soar, the market is anticipated to experience network security threats such as the IoT Botnets.
The terminology defines how hackers might make this new system their point for substantial incidences by penetrating devices that plug into IoT. In the year 2016, the leaked Mirai code had created a highly effective horde of bots resulting in an array of DDoS attacks. These factors are anticipated to gain traction in the coming times having a significant impact of the Network Security Firewall market.
Network Security Firewall market by component is segmented into solution and services. SS7 firewall solutions hold the highest market share. The SS7 Firewall is used to secure the internal network deprived of any external interruptions. This firewall comprises both hardware and software features to complete the real-time SS7 signaling and tracking traffic inspection. The SS7 Firewall identify and block all fraudulent attempts made by the frauds to have access to the internal network via the SS7 layer, thereby furnishing the future of Network Security Firewall line fit market.
2. Key Takeaways
3. Research Methodology
4. Network Security Firewall Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Network Security Firewall Market - Key Industry Dynamics
5.1.1 Network Threat Caused By Widespread Adoption of IoT
5.1.2 Rising Adoption of Cloud and BYOD
5.1.3 Substantial Growth in SMS Firewall Demand Would Drive the Market
5.2.1 Shortage of Skilled Workforces
5.3.1 Emergence of New Network Security Threats and Attacks to Reinforce the Demand for Network Security Firewall in Future
5.3.2 Rising adoption of Network Function Virtualization
5.4 Future Trends
5.4.1 Next Generation Firewalls to Replace the Current Network Security Firewalls
5.5 Impact Analysis
6. Network Security Firewall- Global Market Analysis
6.1 Global Network Security Firewall Market Overview
6.2 Global Network Security Firewall Market Forecast and Analysis
6.3 Market Positioning/ Market Share
7. Network Security Firewall Market Revenue And Forecasts to 2027 -By Component
7.2 Global Network Security Firewall Market Breakdown, By Component, 2018 & 2027
7.3.2 Solution Market Forecasts and Analysis
18.104.22.168 SMS Firewall Market
22.214.171.124.2 SMS Firewall Market Forecasts and Analysis
126.96.36.199.2.1 A2P SMS Market
188.8.131.52.2.2 P2A SMS Market
184.108.40.206 Signalling Firewall Market
220.127.116.11.2 Signalling Firewall Market Forecasts and Analysis
18.104.22.168.2.1 SS7 Firewall Market
22.214.171.124.2.2 Diameter Firewall Market
7.4.2 Services Market Forecasts and Analysis
8. Network Security Firewall Market Revenue And Forecasts To 2027 -By Deployment
8.1.1 Global Network Security Firewall Market Breakdown, By Deployment, 2018 & 2027
8.2.2 On-Premises Market Forecasts and Analysis
8.3.2 Cloud Market Forecasts and Analysis
9. Network Security Firewall Market - Geographical Analysis
10. Network Security Firewall Market - Industry Landscape
10.2 Market Initiative
10.3 Investment Scenario
10.4 New Product Development
11. Network Security Firewall Market - Key Company Profiles
- Adaptive Mobile Security
- AMD Telecom SA
- ANAM Technologies
- Cisco Systems, Inc.
- Mobelium Inc.
- Omobio Pvt. Ltd.
- Openmind Networks
- SAP SE
For more information about this report visit https://www.researchandmarkets.com/r/dk4bbb