Dublin, Nov. 01, 2023 (GLOBE NEWSWIRE) -- The "Firewall as a Service - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Firewall as a Service estimated at US$1.2 Billion in the year 2022, is projected to reach a revised size of US$5.9 Billion by 2030, growing at a CAGR of 21.8% over the analysis period 2022-2030.
Software as a Service, one of the segments analyzed in the report, is projected to record a 23% CAGR and reach US$3.5 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Platform as a Service segment is readjusted to a revised 21.1% CAGR for the next 8-year period. 
The U.S. Market is Estimated at $354.8 Million, While China is Forecast to Grow at 20.8% CAGR
The Firewall as a Service market in the U.S. is estimated at US$354.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$992.2 Million by the year 2030 trailing a CAGR of 20.8% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 19.8% and 18.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 14.7% CAGR.
Select Competitors (Total 46 Featured) -
- Barracuda Networks, Inc.
- Cato Networks, Inc.
- Check Point Software Technologies Ltd.
- Cisco Systems, Inc.
- Forcepoint LLC
- Fortinet, Inc.
- Juniper Networks, Inc.
- Palo Alto Networks, Inc.
- WatchGuard Technologies, Inc.
- Zscaler, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 196 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $1.2 Billion |
| Forecasted Market Value (USD) by 2030 | $5.9 Billion |
| Compound Annual Growth Rate | 22.0% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Firewall as a Service (FWaaS): An Introduction
- Firewall: A Historical Timeline
- Advantages and Disadvantages of FWaaS
- Inclusions in FWaaS
- FWaaS Architecture
- Reasons Businesses Choose FWaaS
- Firewall as a Service (FWaaS): Macro Industry Overview
- BFSI Application Segment Constitutes the Largest Market
- Rapid Increase in ICT Spending in Asia Pacific Makes it the Fastest Growing Market
- USA, the Dominant Market, Focuses on Strengthening Cybersecurity of Networks
- Firewall as a Service - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Firewalls and the Cloud
- Is It Time for Next Generation Firewalls?
- Fastest Next Gen Firewall to Strengthen Security in Hybrid Cloud Environments
- Service Defined Firewall, Pioneering Approach to Internal Firewalling
- Challenges of Firewall Management
- Selecting the Right Firewalls
- Blocking Hostile Traffic from Network
- Designing Strong Network Segmentation
- Dealing with Firewall Program Updates
- Playing within the Rules
- Key Global Cybersecurity Regulations
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/kz2da8
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