Network Security Firewall Market 2018 Industry Share, Growth, Size, Trend, World Analysis and Forecast to 2026

A network security firewall involves management of the network traffic by controlling the entrance of threat across networks. The major benefits of network security firewalls is to  improve the  network  security by  protecting  it against various  threats  such as  botnets, command and control servers, advanced persistent threats (APTs), and zero-day threats. Hence, network firewall security will help in stopping unauthorized access to users, which is one of the factors for growth of the market.

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Increasing demand for network security and privacy is one of the major factors driving growth of the market

Increasing adoptions of Big Data, IoT, cloud computing, and others have changed the scenario of business needs, in order to promote maximum agility to achieve competitiveness. Due to this, concerns regarding data breaches, account hijacking, unauthorised access, and others has also increased. Hence, network security is one of the major concerns for organizations, in order to minimize the issues related to data security. Furthermore, network security also helps organisations in protecting critical applications from disruption so that employees can stay on task without facing server outages, email downtime or data loss, which helps to boost productivity. Hence, all these features of network security helps organisations, which is propelling growth of the network security firewall market.

Network Security Firewall: Regional Insights

On the basis of region, the global network security firewall market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America accounted for the largest market share in global network security market in 2017, owing of increase number of cyber-threats across the various verticals such as healthcare, banking and financial, and retail and manufacturing. For instance, according to the Internet Crime Complaint Center (IC3), in 2016, cybercrimes were valued at over US$ 1.33 billion worldwide, where California witnessed loss of over US$ 255 million. Moreover, in 2016, about 28% of web application attacks were recorded in the U.S., followed by the Netherlands and Germany. Therefore, the organisation demand for newer and superior network security solution that help in minimizing the cyber threats.

Network Security Firewall: Competitive Background

Key players operating in the network security firewall are Symsoft, Anam Technologies, Cellusys, SAP SE, Tata Communications Limited, Adaptive Mobile, AMD Telecom S.A., Evolved Intelligence, Hewlett Packard Enterprise, Mobileum, Omobio Pvt. Ltd., and Openmind Networks. With growing competition in the market, players are adopting mergers & acquisitions and partnership strategies, to gain competitive advantage in the market. For instance, in June 2016, Cellusys partnered with Sonus Networks, Inc., to provide mobile and fixed network operating solutions, which is a multi-layer signalling System 7 (SS7) security solution.  Therefore, this strategy provides a network protection to subscribers from illegal tracking, call intercept, fraud and Denial of Service (DoS) attacks.

Network Security Firewall Market: Taxonomy

By Solutions

  • SMS Firewall
  • Signalling Firewall
  • Other

By Services

  • Professional Services
  • Managed Services

By Deployment

  • On-premises
  • Cloud-based
  • NVF

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