Understand How The Firewall-As-A-Service Market Is Set To Grow In Through 2024-2033
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
- By Service Type
- Traffic Monitoring and Control, Compliance and Audit Management, Reporting and Log Management, Automation and Orchestration, Security Management
- By Deployment
- Private, Hybrid
- By Enterprise Size
- Large Enterprise, Small and Medium Enterprises
- 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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