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The enterprise firewall market has surged, hitting $12.12 billion in 2023, projected to reach $13.45 billion in 2024, with an 11.0% CAGR. The rise is attributed to increasing cyber threats, IoT adoption, e-commerce growth, expanding networks, and regulatory compliance. Expected to hit $20.55 billion by 2028, driven by cloud migration, remote work solutions, IoT proliferation, data protection regulations, and network security emphasis. Major trends include AI in cybersecurity, zero-trust security models, user-centric approaches, threat intelligence sharing, and next-gen firewall solutions.

The enterprise firewall market is experiencing growth due to the rising incidence of cyberattacks necessitating enhanced security measures. With cyber threats on the rise, there is a growing demand for robust firewall solutions to safeguard organizational data and networks. APWG’s findings on the increase in phishing attacks highlight the critical role of enterprise firewalls in mitigating such risks and driving market growth.

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What Are The Key Trends That Influence Enterprise Firewall Market Share Analysis?

Technological advancements are driving growth in the enterprise firewall market, with major companies introducing cloud-based solutions to strengthen their market positions. Juniper Networks Inc. introduced Juniper Secure Edge in February 2022, a cloud-delivered security solution that offers Firewall-as-a-Service (FWaaS) through a unified policy management interface. This solution supports dynamic zero-trust segmentation and ensures validated security effectiveness, providing comprehensive security coverage for enterprise workforces.

Which Market Players Are Driving Growth In The Enterprise Firewall Market?

Major companies operating in the market are Google LLC, Dell Inc., Huawei Technologies Co. Ltd., Intel Corporation, Cisco Systems Inc., Broadcom Inc., The Hewlett-Packard Co., Palo Alto Networks Inc., Juniper Networks Inc., Fortinet Inc., F5 Inc., Check Point Software Technologies Ltd., Trend Micro Inc., Extreme Networks Inc., Sangfor Technologies Inc., Forcepoint, SonicWALL Inc., Hillstone Networks Co., Barracuda Networks Inc., Imperva Inc., Trustwave Holdings, AhnLab Co. Ltd., WatchGuard Technologies Inc., Stormshield, AlgoSec

How Is The Global Enterprise Firewall Market Segmented?

The enterprise firewall market covered in this report is segmented –

1) By Solution: Hardware, Software, Services
2) By Deployment: On-Premise, Cloud
3) By Organization Size: Small And Medium Organizations, Large Organizations
4) By End-User: Healthcare, Manufacturing, Government, Retail, Education, Financial Services, Media, Communications, Other End-User Industries

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The Enterprise Firewall Global Market Report 2024 provides an overview of the enterprise firewallmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The enterprise firewall market forecast analyzes enterprise firewall market size, enterprise firewall market share, leading competitor and their market positions.

The Table Of Content For The Enterprise Firewall Market Include

1. Enterprise Firewall Market Executive Summary
2. Enterprise Firewall Market Segments
3. Enterprise Firewall Market Size And Template Market Growth Rate
4.  Key Enterprise Firewall Market Trends
5. Major Enterprise Firewall Market Drivers
……
25. Key Mergers And Acquisitions In The Enterprise Firewall Market
26. Top Enterprise Firewall Companies
27. Enterprise Firewall Market Opportunities And Strategies
28. Enterprise Firewall Market, Conclusions And Recommendations
29. Appendix

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