Firewall as a Service Market 2019: Company Profiles, Global Trends, Emerging Audience, Landscape and Demand by Forecast to 2023

Global Firewall as a Service Market is expected to reach ~1.98 billion, growing with a CAGR of ~23.01% in the forecast period

Pune, India - June 12, 2019 /MarketersMedia/ —

Firewall as a Service Market Highlights:
The global firewall as a service market is expected to grow to a valuation of USD 1.98 billion over the forecast period from 2018 to 2023, according to the latest research report from Market Research Future (MRFR). The global firewall as a service market is mainly driven by the growing awareness about the services, as traditional firewall architecture still dominates the competitive landscape. The global firewall as a service market is expected to exhibit a robust 23.01% CAGR over the forecast period.

Firewall as a Service Market is a managed service providing firewall services managed on the cloud. This provides access to the firewall services at any location and on any device. The growing adoption of Bring Your Own Device practices in the corporate sector is likely to drive the demand for firewall as a service, as the use of multiple remotely operated devices increases the risk of online penetration and data theft. In addition, the growing use of digital billing processes is also likely to be a major driver for the global firewall as a service market. The growing use of mobile apps and other digital media to make online payments is likely to drive the global firewall as a service market over the forecast period.

On the other hand, the lack of technical expertise to install and handle firewall as a service is likely to hold the market back in emerging economies.

Request a Free Sample @

Competitive Analysis:
Leading players in the global firewall as a service market include Hillstone Network, H3C, Sangfor Technologies, Sophos, Palo Alto Networks, Zscaler, WatchGuard, Juniper Networks, Forcepoint, Fortinet, Cisco Systems, Cato Networks, Check Point Software Technologies, and Barracuda Networks.

Leading players in the global firewall as a service market are likely to engage in progressive product development over the forecast period, as the development of low-cost firewall as a service systems that are easy to handle is likely to hand companies a major edge.
In May 2019, VirtualArmour International Inc. bagged a new contract for cybersecurity services from a leading gemological organization. The new contract covers services for 18 research centers around the world and is valued at USD 98,000.

In an effort to increase awareness about firewall as a service, OPAQ and Equinix will collaborate to present a demonstration at Palo Alto Ignite ’19 in June 2019. Such efforts are likely to be important for the global firewall as a service market over the forecast period, as the low awareness among leading industry players about firewall as a service is a key restraint on the market.

• By solution, the global firewall as a service market is segmented into advanced threat protection, traffic control and monitoring, next-generation firewall, network security, identity management, managed services, and others.
• By service model, the global firewall as a service market is segmented into software as a service (SaaS), infrastructure as a service (IaaS), and platform as a service (PaaS).
• By deployment model, the firewall as a service market is segmented into public, private, and hybrid cloud.
• By organization size, the market is segmented into small & medium sized enterprises and large enterprises.
• By vertical, the market is divided into BFSI, education, energy & utilities, government, healthcare, manufacturing, retail, IT & telecom, and others.

Regional Analysis:
North America is expected to dominate the global firewall as a service market over the forecast period, followed by Europe. The growing adoption of cloud services and the early installation of cloud infrastructure in the region are likely to be the major drivers for the firewall as a service market in North America over the forecast period. The growing threat of online theft or other intrusions in North America is also likely to be a key driver for the global firewall as a service market. Europe is likely to follow North America in second place.

Asia Pacific is expected to exhibit the fastest growth over the forecast period due to the growing government support to public cloud initiatives. The increasing threat of cybercrimes in Asia Pacific is also likely to be major driver for the firewall as a service market in the region over the forecast period.

Intended Audience:
• IT Security Engineers
• IT Network Engineers
• Technical Vendors
• Government agencies
• Network solution providers
• Independent software vendors
• Research organizations and consulting firms
• System integrators
• Information Technology (IT) security agencies
• Managed Security Service Providers (MSSPs)
• Research organizations and consulting companies

Access Report Details @

Table of Contents
1 Executive Summary
2 Scope of the Report
2.1 Market Definition
2.2 Scope of the Study
2.2.1 Research Objectives
2.2.2 Assumptions & Limitations
2.3 Markets Structure

List of Tables
Table 1 Firewall as a Service Market: By Region, 2018-2023
Table 2 North America Firewall as a Service Market: By Country, 2018-2023
Table 3 Europe Firewall as a Service Market: By Country, 2018-2023

List of Figures
Figure 1 Global Firewall as a Service Market Segmentation
Figure 2 Forecast Methodology
Figure 3 Porter’s Five Forces Analysis of Global Firewall as a Service Market

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future Office No. 524/528,, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028
Phone: +1 646 845 9312

Source URL:

Source: MarketersMedia

Release ID: 523489

Latest News

Putin engineers shakeup that could keep him in power longer

Jul 11, 2020

MOSCOW — President Vladimir Putin engineered a surprise shakeup of Russia's leadership Wednesday, proposing changes to the constitution that could keep him in power well past the end of his term in 2024. Prime Minister Dmitry Medvedev resigned his post after Putin announced the proposed constitutional amendments. Putin kept his longtime ally in the Kremlin's leadership structure, appointing him to the newly created post of deputy head of the presidential Security Council. The shakeup sent shock waves through Russia's political elites who were left pondering what Putin's intentions were and speculating about future Cabinet appointments. Putin’s proposed constitutional reforms, announced...

Sultan Qaboos bin Said, who modernized Oman, dies at 79

Jul 11, 2020

DUBAI, United Arab Emirates — Oman’s Sultan Qaboos bin Said, the Mideast's longest-ruling monarch who seized power in a 1970 palace coup and pulled his Arabian sultanate into modernity while carefully balancing diplomatic ties between adversaries Iran and the U.S., has died. He was 79. The British-educated, reclusive sultan reformed a nation that was home to only three schools and harsh laws banning electricity, radios, eyeglasses and even umbrellas when he took the throne. Under his reign, Oman became known as a welcoming tourist destination and a key Mideast interlocutor, helping the U.S. free captives in Iran and Yemen and...

On streets of Tehran, relief for now at no wider conflict

Jul 11, 2020

TEHRAN, Iran — Iranian newspapers proclaimed the country's attack on U.S. forces in Iraq to be "a dark night for Americans," and Washington's "first admission of failure in history." On the bustling streets of Tehran, however, there was relief Thursday that neither side appeared primed for war. “War is not something like the ‘Call of Duty’ game," said Dara Shojaei, a 23-year-old architecture student. “It's not a game you can play to win. There's no winner.” But with the relief came some mixed feelings about how far Iran should go to avenge the killing of Revolutionary Guard Gen. Qassem Soleiman,...

Stocks rise as China confirms trade deal signing next week

Jul 11, 2020

NEW YORK — U.S stocks climbed in morning trading on Thursday as investors cheered confirmation from China that its top trade official will head to Washington next week to sign a preliminary trade deal. The “Phase 1” accord is the opening step on a possible path toward a broader agreement between the nations. President Donald Trump has said he will travel to Beijing after the initial signing to start the second stage of talks. Every major index is on track for a record as Wall Street distances itself from a bout of anxiety over the last week because of tensions...

Soleimani, a general who became Iran icon by targeting US

Jul 11, 2020

TEHRAN, Iran — For Iranians whose icons since the Islamic Revolution have been stern-faced clergy, Maj. Gen. Qassem Soleimani widely represented a figure of national resilience in the face of four decades of U.S. pressure. For the U.S. and Israel, he was a shadowy figure in command of Iran's proxy forces, responsible for fighters in Syria backing President Bashar Assad and for the deaths of American troops in Iraq. Solemani survived the horror of Iran’s long war in the 1980s with Iraq to take control of the Revolutionary Guard’s elite Quds Force, responsible for the Islamic Republic’s foreign campaigns. Relatively...


Deck Biz is an intelligent platform providing international and regional business news updates. You won’t get these insights elsewhere other than Deck Biz.

Contact us: