The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Introduction to Firewall-as-a-Service Market

• Exponential growth: from $2.79 billion in 2023 to $3.44 billion in 2024
• Key drivers: Increase in cybersecurity threats, remote work, cloud adoption, BYOD policies, and SDN

Forecasted Growth and Major Trends

• Projected growth to $8.74 billion in 2028 with a CAGR of 26.3%
• Trends: Adoption of zero trust security models, IoT security, cloud-native solutions, 5G network expansion

Rising Cyberattacks and Fraud Incidents Drive Market Growth

• Increase in fraud cases and cyberattacks propel FWaaS market
• Visibility and traffic filtering essential for identifying and blocking malicious traffic
• Statistics: Global cybercrime costs projected to reach $10.5 trillion by 2025

Key Players in the Market

• Barracuda Networks Inc., Cisco Systems Inc., Juniper Networks Inc., and more
• Diverse offerings in firewall-as-a-service solutions

Cloud-Based Firewall Advancements Fuel Innovation

• Cloud-based firewall services emerge as a key trend
• Palo Alto launches cloud-native firewall service for AWS to enhance security
• Focus on simplifying securing cloud deployments while maintaining high security standards

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Arayaka’s Acquisition of Secucloud Enhances SASE and FWaaS Offerings

• Arayaka’s acquisition of Secucloud GmbH strengthens SASE offerings
• Enhanced options for managed firewall-as-a-service solutions
• Secucloud GmbH brings expertise in cloud-based firewall technology

Segmentation of the Market

1. By Service Type
   • Traffic Monitoring and Control, Compliance and Audit Management, Reporting and Log Management, Automation and Orchestration, Security Management
2. By Deployment
   • Private, Hybrid
3. By Enterprise Size
   • Large Enterprise, Small and Medium Enterprises
4. By Vertical
   • Banking, Financial Services and Insurance, IT and Telecom, Manufacturing, Travel and Hospitality, Healthcare, Energy and Utilities, Retail and Consumer goods, Other Verticals

Regional Insights

• North America: Largest region in 2023
• Asia-Pacific: Expected to be the fastest-growing region

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The Firewall-As-A-Service Global Market Report 2024  provides an overview of the firewall-as-a-service market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The firewall-as-a-service market forecast analyzes firewall-as-a-service market size, firewall-as-a-service market share, leading competitor and their market positions.

The Table Of Content For The Firewall-As-A-Service Market Include:
1. Firewall-As-A-Service Market Executive Summary
2. Firewall-As-A-Service Market Segments
3. Firewall-As-A-Service Market Size And Firewall-As-A-Service Market Growth Rate
4. Key Firewall-As-A-Service Market Trends
5. Major Firewall-As-A-Service Market Drivers
……
25. Key Mergers And Acquisitions In The Firewall-As-A-Service Market
26. Top Firewall-As-A-Service Companies
27. Firewall-As-A-Service Market Opportunities And Strategies
28. Firewall-As-A-Service Market, Conclusions And Recommendations
29. Appendix

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