The Global Network Security Firewall Market to 2026: Market is Set to Reach $9.41 Billion by 2026 - ResearchAndMarkets.com
Aug. 30, 2018
DUBLIN--(BUSINESS WIRE)--Aug 30, 2018--The "Network Security Firewall - Global Market Outlook (2017-2026)" report has been added to ResearchAndMarkets.com's offering.
According to the report, the Global Network Security Firewall Market accounted for $3.15 billion in 2017 and is expected to reach $9.41 billion by 2026 growing at a CAGR of 12.9% during the forecast period.
Factors such as privacy concerns and increasing demand for network security firewall, vulnerability growth in SS7 and rapid developments in digital transformation in telecommunication industry are favoring the market growth.
However, lack of preventive firewall maintenance is a major restraining factor hampering the market. Moreover, lack of unified network security firewall vendors and growing scope for NFV are providing some significant growth opportunities for the market over the forecast period.
Based on the solutions, the SMS firewall segment is projected to grow with the largest market share owing the growth of the mobile subscribers that has fuelled the growth of the SMS firewall solution.
North America is estimated to be the largest market during the forecast period. The region has the presence of major sustainable and well-established companies. The region comprises countries such as the US and Canada, which are witnessing a phenomenal adoption of network security firewall solutions.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porter's Five Forces Analysis
5 Global Network Security Firewall Market, By Deployment
6 Global Network Security Firewall Market, By Service
7 Global Network Security Firewall Market, By Component
8 Global Network Security Firewall Market, By Solution
9 Global Network Security Firewall Market, By Geography
10 Key Developments
11 Company ProfilingANAM Technologies SAP SE Adaptivemobile Evolved Intelligence Mobileum Openmind Networks AMD Telecom S.A. Cellusys Symsoft Tata Communications Limited Hewlett Packard Enterprise Omobio Pvt. Ltd.
For more information about this report visit https://www.researchandmarkets.com/research/zsbs6h/the_global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180830005374/en/
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Related Topics:IT Security
INDUSTRY KEYWORD: TECHNOLOGY NETWORKS SECURITY
SOURCE: Research and Markets
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PUB: 08/30/2018 06:48 AM/DISC: 08/30/2018 06:48 AM