Firewall as a Service Market Research Report – Forecast to 2027

Firewall as a Service Market, By Solution (Advanced Threat Protection, Next Generation Firewall, Traffic Control & Monitoring, Managed Services), by Service Model, Deployment Model, Organizational size, Verticals, and by Region- Forecast till 2027

ID: MRFR/ICT/4561-HCR | February, 2021 | Region : Global

Firewall as a Service Market synopsis


Cyber-attacks have become a global concern, the exponential rise of cyber theft in the last few years has plagued the industry in general. Adoption of Bring Your Own Device (BYOD), digital payments, and connected devices across the globe has led to the rise in the hacking of devices and data breach, thus, resulting in the high adoption of various firewall services. Traditional firewalls are installed on each server that controls all incoming and outgoing network traffic. Firewall as a service is similar to the traditional firewall, but here the service is hosted on the cloud, which implies that it is available at all locations and practically on any device.


Firewall as a Service Market is expected to grow due to factors such as increasing need to secure the organization network against unauthorized and unprecedented crimes, and simplified installation of the firewall for distributed networks. However, there are some challenges that may hinder the growth of Firewall as a Service Market such as lack of technical expertise to manage the advanced firewall mechanism, lack of governance & robust network infrastructure.


Small and medium enterprises are slowly adopting this technology since it provides them with simplified management, comprehensive protection services, customized firewall solution, and cost-effective features. The BFSI sector has a major contribution towards the growth of Firewall as a Service Market as the most intense attack are directed towards financial institutions.


Segmentation


By Solution, Firewall as a service (FWaaS) market is segmented into Advanced Threat Protection, Traffic Control and Monitoring, Next-generation Firewall, Network Security, Identity Management, Managed services, and others.


By Services Model, the 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 (FWaaS) market is segmented into Public, Private, and Hybrid cloud.


By Organizational size, the FWaaS market is segmented into small & medium sized enterprise and large enterprise.


By Verticals, the market is divided into BFSI, Education, Energy & Utilities, Government, Healthcare, Manufacturing, Retail, IT & Telecom, and others.


Regional Analysis


The Firewall as a Service Market for Firewall as a service is estimated to grow at a significant rate during the forecast period from 2017 to 2023. The geographical analysis of Firewall as a Service market is studied for North America, Europe (including Russia), Asia Pacific, and the rest of the world (including the Middle East, Africa, and Southern America).


North America is expected to dominate the Firewall as a Service market during the forecast period due to early adoption of cloud services, increased cloud initiatives by various governments, and digital transformation.


 Asia Pacific is expected to grow at a faster rate due to technological advancements and better security compliance offered by the vendors and the increasing need to prevent cybercrimes.


Global Firewall as a Service Market, USD Billions


 Firewall as a Service Market


Source: MRFR Analysis


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


Key players


The prominent players in the FWaaS market of Firewall as a service are Barracuda Networks (US), , Check Point Software Technologies (Israel), Cato Networks (Israel),Cisco Systems (US), Fortinet (US), Forcepoint (US), Juniper Networks (US), WatchGuard (US), and Zscaler (US), Palo Alto Networks (US).


Other Players in the market include Sophos (UK), Sangfor Technologies(China), H3C(China), Hillstone Network(US).


The prominent players keep innovating and investing in research and development to present cost-effective offerings. Merger and Acquisitions among the various players are changing the market structure. For instance, Intel Security sold its firewall business to Raytheon/Websense and renamed it as Forcepoint to become a cybersecurity super power.


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

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

3 Market Research Methodology

3.1 Research Process

3.2 Secondary Research

3.3 Primary Research

3.4 Forecast Model

4 Market Landscape

4.1 Porter’s Five Forces Analysis

4.1.1 Threat Of New Entrants

4.1.2 Bargaining Power Of Buyers

4.1.3 Threat Of Substitutes

4.1.4 Segment Rivalry

4.1.5 Bargaining Power Of Suppliers

4.2 Value Chain/Supply Chain Of Firewall As A Service Market

5 Industry Overview Of Firewall As A Service Market

5.1 Introduction

5.2 Growth Drivers

5.3 Impact Analysis

5.4 Market Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Firewall As A Service Market By Solutions

7.1 Introduction

7.2 Advanced Threat Protection

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast By Region, 2020-2027

7.3 Traffic Control & Monitoring

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast By Region, 2020-2027

7.4 Next Generation Firewall

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast By Region, 2020-2027

7.5 Network Security

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast By Region, 2020-2027

7.6 Identity Management

7.6.1 Market Estimates & Forecast, 2020-2027

7.6.2 Market Estimates & Forecast By Region, 2020-2027

7.7 Managed Service

7.7.1 Market Estimates & Forecast, 2020-2027

7.7.2 Market Estimates & Forecast By Region, 2020-2027

7.8 Others

7.8.1 Market Estimates & Forecast, 2020-2027

7.8.2 Market Estimates & Forecast By Region, 2020-2027

8. Firewall As A Service Market By Services Model

8.1 Introduction

8.2 Software As A Service

8.2.1 Market Estimates & Forecast, 2020-2027

8.2.2 Market Estimates & Forecast By Region, 2020-2027

8.3 Platform As A Service

8.3.1 Market Estimates & Forecast, 2020-2027

8.3.2 Market Estimates & Forecast By Region, 2020-2027

8.4 Infrastructure

8.4.1 Market Estimates & Forecast, 2020-2027

8.4.2 Market Estimates & Forecast By Region, 2020-2027

9. Firewall As A Service Market By Deployment Mode

9.1 Introduction

9.2 Public Cloud

9.2.1 Market Estimates & Forecast, 2020-2027

9.2.2 Market Estimates & Forecast By Region, 2020-2027

9.3 Private Cloud

9.3.1 Market Estimates & Forecast, 2020-2027

9.3.2 Market Estimates & Forecast By Region, 2020-2027

9.4 Hybrid Cloud

9.4.1 Market Estimates & Forecast, 2020-2027

9.4.2 Market Estimates & Forecast By Region, 2020-2027

10. Firewall As A Service Market By Vertical

10.1 Introduction

10.2 BFSI

10.2.1 Market Estimates & Forecast, 2020-2027

10.2.2 Market Estimates & Forecast By Region, 2020-2027

10.3 Education

10.3.1 Market Estimates & Forecast, 2020-2027

10.3.2 Market Estimates & Forecast By Region, 2020-2027

10.4 Energy & Utilities

10.4.1 Market Estimates & Forecast, 2020-2027

10.4.2 Market Estimates & Forecast By Region, 2020-2027

10.5 Government

10.5.1 Market Estimates & Forecast, 2020-2027

10.5.2 Market Estimates & Forecast By Region, 2020-2027

10.6 Healthcare

10.6.1 Market Estimates & Forecast, 2020-2027

10.6.2 Market Estimates & Forecast By Region, 2020-2027

10.7 Manufacturing

10.7.1 Market Estimates & Forecast, 2020-2027

10.7.2 Market Estimates & Forecast By Region, 2020-2027

10.8 Retail

10.8.1 Market Estimates & Forecast, 2020-2027

10.8.2 Market Estimates & Forecast By Region, 2020-2027

10.9 IT & Telecom

10.9.1 Market Estimates & Forecast, 2020-2027

10.9.2 Market Estimates & Forecast By Region, 2020-2027

10.10 IT & Telecom

10.10.1 Market Estimates & Forecast, 2020-2027

10.10.2 Market Estimates & Forecast By Region, 2020-2027

11. Firewall As A Service Market By Organization Size

11.1 Introduction

11.2 Small And Medium Enterprises

11.2.1 Market Estimates & Forecast, 2020-2027

11.2.2 Market Estimates & Forecast By Region, 2020-2027

11.3 Large Enterprises

11.3.1 Market Estimates & Forecast, 2020-2027

11.3.2 Market Estimates & Forecast By Region, 2020-2027

12. Firewall As A Service Market By Region

12.1 Introduction

12.2 North America

12.2.1 Market Estimates & Forecast, 2020-2027

12.2.2 Market Estimates & Forecast By Solutions, 2020-2027

12.2.3 Market Estimates & Forecast By Services Model, 2020-2027

12.2.4 Market Estimates & Forecast By Deployment Mode, 2020-2027

12.2.5 Market Estimates & Forecast By Vertical, 2020-2027

12.2.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.2.7 U.S.

12.2.7.1 Market Estimates & Forecast, 2020-2027

12.2.7.2 Market Estimates & Forecast By Solution, 2020-2027

12.2.7.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.2.7.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.2.7.5 Market Estimates & Forecast By Vertical, 2020-2027

12.2.7.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.2.8 Canada

12.2.8.1 Market Estimates & Forecast, 2020-2027

12.2.8.2 Market Estimates & Forecast By Solution, 2020-2027

12.2.8.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.2.8.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.2.8.5 Market Estimates & Forecast By Vertical, 2020-2027

12.2.8.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.2.9 Mexico

12.2.9.1 Market Estimates & Forecast, 2020-2027

12.2.9.2 Market Estimates & Forecast By Solution, 2020-2027

12.2.9.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.2.9.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.2.9.5 Market Estimates & Forecast By Vertical, 2020-2027

12.2.9.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3 Europe

12.3.1 Market Estimates & Forecast, 2020-2027

12.3.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3.7 Germany

12.3.7.1 Market Estimates & Forecast, 2020-2027

12.3.7.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.7.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.7.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.7.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.7.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3.8 France

12.3.8.1 Market Estimates & Forecast, 2020-2027

12.3.8.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.8.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.8.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.8.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.8.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3.9 Italy

12.3.9.1 Market Estimates & Forecast, 2020-2027

12.3.9.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.9.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.9.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.9.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.9.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3.10 Spain

12.3.10.1 Market Estimates & Forecast, 2020-2027

12.3.10.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.10.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.10.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.10.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.10.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.3.11 U.K

12.3.11.1 Market Estimates & Forecast, 2020-2027

12.3.11.2 Market Estimates & Forecast By Solution, 2020-2027

12.3.11.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.3.11.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.3.11.5 Market Estimates & Forecast By Vertical, 2020-2027

12.3.11.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.4 Asia Pacific

12.4.1 Market Estimates & Forecast, 2020-2027

12.4.2 Market Estimates & Forecast By Solution, 2020-2027

12.4.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.4.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.4.5 Market Estimates & Forecast By Vertical, 2020-2027

12.4.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.4.7 China

12.4.7.1 Market Estimates & Forecast, 2020-2027

12.4.7.2 Market Estimates & Forecast By Solution, 2020-2027

12.4.7.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.4.7.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.4.7.5 Market Estimates & Forecast By Vertical, 2020-2027

12.4.7.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.4.8 India

12.4.8.1 Market Estimates & Forecast, 2020-2027

12.4.8.2 Market Estimates & Forecast By Solution, 2020-2027

12.4.8.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.4.8.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.4.8.5 Market Estimates & Forecast By Vertical, 2020-2027

12.4.8.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.4.9 Japan

12.4.9.1 Market Estimates & Forecast, 2020-2027

12.4.9.2 Market Estimates & Forecast By Solution, 2020-2027

12.4.9.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.4.9.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.4.9.5 Market Estimates & Forecast By Vertical, 2020-2027

12.4.9.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.4.10 Rest Of Asia Pacific

12.4.10.1 Market Estimates & Forecast, 2020-2027

12.4.10.2 Market Estimates & Forecast By Solution, 2020-2027

12.4.10.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.4.10.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.4.10.5 Market Estimates & Forecast By Vertical, 2020-2027

12.4.10.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.5 Rest Of The World

12.5.1 Market Estimates & Forecast, 2020-2027

12.5.2 Market Estimates & Forecast By Solution, 2020-2027

12.5.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.5.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.5.5 Market Estimates & Forecast By Vertical, 2020-2027

12.5.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.5.7 The Middle East & Africa

12.5.7.1 Market Estimates & Forecast, 2020-2027

12.5.7.2 Market Estimates & Forecast By Solution, 2020-2027

12.5.7.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.5.7.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.5.7.5 Market Estimates & Forecast By Vertical, 2020-2027

12.5.7.6 Market Estimates & Forecast By Organization Size, 2020-2027

12.5.8 Latin America

12.5.8.1 Market Estimates & Forecast, 2020-2027

12.5.8.2 Market Estimates & Forecast By Solution, 2020-2027

12.5.8.3 Market Estimates & Forecast By Service Mode, 2020-2027

12.5.8.4 Market Estimates & Forecast By Delivery Model, 2020-2027

12.5.8.5 Market Estimates & Forecast By Vertical, 2020-2027

12.5.8.6 Market Estimates & Forecast By Organization Size, 2020-2027

13. Company Landscape

14. Company Profiles

14.1 Barracuda Networks, Inc.

14.1.1 Company Overview

14.1.2 Product/Business Segment Overview

14.1.3 Financial Updates

14.1.4 Key Developments

14.2 Check Point Software Technologies

14.2.1 Company Overview

14.2.2 Product/Business Segment Overview

14.2.3 Financial Updates

14.2.4 Key Developments

14.3 Cato Networks

14.3.1 Company Overview

14.3.2 Product/Business Segment Overview

14.3.3 Financial Updates

14.3.4 Key Developments

14.4 Cisco Systems

14.4.1 Company Overview

14.4.2 Product/Business Segment Overview

14.4.3 Financial Updates

14.4.4 Key Developments

14.5 Fortinet

14.5.1 Company Overview

14.5.2 Product/Business Segment Overview

14.5.3 Financial Updates

14.5.4 Key Developments

14.6 Forcepoint

14.6.1 Company Overview

14.6.2 Product/Business Segment Overview

14.6.3 Financial Updates

14.6.4 Key Developments

14.7 Juniper Networks Inc.

14.7.1 Company Overview

14.7.2 Product/Business Segment Overview

14.7.3 Financial Updates

14.7.4 Key Developments

14.8 WatchGuard Technologies, Inc.

14.8.1 Company Overview

14.8.2 Product/Business Segment Overview

14.8.3 Financial Updates

14.8.4 Key Developments

14.9 Zscaler, Inc.

14.9.1 Company Overview

14.9.2 Product/Business Segment Overview

14.9.3 Financial Updates

14.9.4 Key Developments

14.10 Palo Alto Networks, Inc

14.10.1 Company Overview

14.10.2 Product/Business Segment Overview

14.10.3 Financial Updates

14.10.4 Key Developments

15 Conclusion

List Of Tables

Table 1 Firewall As A Service Market: By Region, 2020-2027

Table 2 North America Firewall As A Service Market: By Country, 2020-2027

Table 3 Europe Firewall As A Service Market: By Country, 2020-2027

Table 4 Asia Pacific Firewall As A Service Market: By Country, 2020-2027

Table 5 The Middle East & Africa Firewall As A Service Market: By Country, 2020-2027

Table 6 Latin America Firewall As A Service Market: By Country, 2020-2027

Table 7 Global Firewall As A Service By Solutions Market: By Regions, 2020-2027

Table 8 North America Firewall As A Service By Solutions Market: By Country, 2020-2027

Table 9 Europe Firewall As A Service By Solutions Market: By Country, 2020-2027

Table10 Asia Pacific Firewall As A Service By Solutions Market: By Country, 2020-2027

Table11 The Middle East & Africa Firewall As A Service By Solutions Market: By Country, 2020-2027

Table12 Latin America Firewall As A Service By Solutions Market: By Country, 2020-2027

Table13 Global Firewall As A Service By Service Model Market: By Regions, 2020-2027

Table14 North America Firewall As A Service By Service Model Market: By Country, 2020-2027

Table15 Europe Firewall As A Service By Service Model Market: By Country, 2020-2027

Table16 Asia Pacific Firewall As A Service By Service Model Market: By Country, 2020-2027

Table17 The Middle East & Africa Firewall As A Service By Services Model Market: By Country, 2020-2027

Table18 Latin America Firewall As A Service By Services Model Market: By Country, 2020-2027

Table19 Global Solutions Market: By Region, 2020-2027

Table20 Global Services Market: By Region, 2020-2027

Table21 North America Firewall As A Service Market, By Country

Table22 North America Firewall As A Service Market, By Solutions

Table23 North America Firewall As A Service Market, By Service Model

Table24 Europe: Firewall As A Service Market, By Country

Table25 Europe: Firewall As A Service Market, By Solutions

Table26 Europe: Firewall As A Service Market, By Service Model

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

FIGURE 4 Value Chain Of Global Firewall As A Service Market

FIGURE 5 Share Of Firewall As A Service Market In 2020, By Country (In %)

FIGURE 6 Global Firewall As A Service Market, 2020-2027,

FIGURE 7 Global Firewall As A Service Market Size By Solutions, 2020

FIGURE 8 Share Of Global Firewall As A Service Market By Solutions, 2020-2027

FIGURE 9 Global Firewall As A Service Market Size By Service Model, 2020

FIGURE 10 Share Of Global Firewall As A Service Market By Service Model, 2020-2027

FIGURE 11 Global Firewall As A Service Market Size By Deployment Mode, 2020

FIGURE 12 Share Of Global Firewall As A Service Market By Deployment Mode, 2020-2027

FIGURE 13 Global Firewall As A Service Market Size By Vertical, 2020

FIGURE 14 Share Of Global Firewall As A Service Market By Vertical, 2020-2027

FIGURE 15 Global Firewall As A Service Market Size By Organization Size, 2020

FIGURE 16 Share Of Global Firewall As A Service Market By Organization Size, 2020-2027

Firewall as a Service Market