Firewall as a Service Market to be Led by Increasing Internet of Things (IoT) across the Globe Through 2028
The Escalating Frequency and Sophistication of
Cyberattacks is driving the Implementation of Firewall as a Service market
across the Global.
According to TechSci
Research report, “Firewall as a Service Market – Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2018-2028F” The global firewall
as a service (FWaaS) market is undergoing a profound transformation in response
to the escalating complexity of cyber threats and the evolving IT landscape.
FWaaS represents a paradigm shift in cybersecurity, offering organizations a
cloud-based approach to firewall deployment, management, and protection. As
businesses increasingly rely on cloud services, remote work, and mobile
devices, the traditional network perimeter is dissolving, necessitating a more
flexible and dynamic security model. FWaaS steps in to fill this gap by
extending firewall capabilities to cover distributed and diverse network
environments, providing consistent security measures regardless of physical
location. FWaaS solutions encompass a wide range of features including
intrusion detection, intrusion prevention, access control, content filtering,
and real-time threat monitoring. These offerings leverage cloud infrastructure
to deliver a unified security experience, enabling organizations to manage and
monitor their firewall policies from a centralized dashboard. This approach not
only ensures consistent security measures but also streamlines management,
eliminates the need for on-premises hardware, and adapts to changing network
requirements seamlessly. Several factors are driving the growth of the FWaaS
market. The escalating frequency and sophistication of cyberattacks underscore
the need for proactive and dynamic security measures. FWaaS's ability to scale
resources in response to changing demands makes it an ideal solution for
businesses seeking to fortify their defenses. Additionally, the increasing
adoption of cloud computing and the proliferation of IoT devices are reshaping
network architecture, necessitating security solutions that can accommodate
these changes without compromising protection. Furthermore, FWaaS aligns with
the growing trend of organizations shifting from a CapEx to an OpEx model, as
it eliminates the need for upfront investments in hardware and maintenance
costs associated with traditional firewalls. This cost-effectiveness, coupled
with its flexibility and ease of management, makes FWaaS an attractive
proposition for businesses of all sizes.
The global FWaaS market's
expansion is further fueled by the rising awareness of the limitations of
traditional security measures and the recognition that perimeter defenses alone
are insufficient in today's threat landscape. As businesses seek comprehensive
solutions that cover both on-premises and cloud-based assets, FWaaS emerges as
a critical component of their cybersecurity strategy. In conclusion, the global
FWaaS market is witnessing a significant surge in demand due to its ability to
provide agile and scalable security solutions for modern businesses. With its
cloud-based approach, FWaaS addresses the challenges posed by remote work,
cloud adoption, and the proliferation of IoT devices. Its features encompass a
wide range of security measures, empowering organizations to defend against an
evolving array of cyber threats. As the cybersecurity landscape continues to
evolve, FWaaS is poised to play an integral role in shaping the future of how
businesses protect their digital assets and networks.
Browse over XX market
data Figures spread through XX Pages and an in-depth TOC on the "Global
Firewall as a Service Market."
The global firewall as a service market is segmented into service type,
service model, deployment mode, organization size, end user. Based on service type,
the market is segmented into traffic monitoring & control, compliance &
audit management, automation & orchestration, others. Based on service
model, the market is bifurcated into Infrastructure-as-a-Service (IaaS),
Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS). Based on deployment
mode, the market is segmented into public cloud, private cloud, hybrid cloud.
Based on organization size, the market is divided into SMEs, large enterprises.
Based on end user, the
market is further split into BFSI, education, energy & utilities,
government & public sector, and others. Based on service type, the automation &
orchestration segment emerge as the dominant and steadfast force, maintaining a
commanding influence that is projected to persist throughout the forecast
period. As the cybersecurity realm grapples with the complexities of modern
threats and dynamic network environments, the significance of automation and
orchestration services becomes paramount. This segment's ascendancy is rooted
in its capacity to streamline security operations, optimize resource
utilization, and respond swiftly to emerging threats by automating repetitive
tasks and orchestrating coordinated actions. This empowers organizations to
proactively address vulnerabilities, enforce policies, and ensure consistent
security across distributed networks, without the limitations of manual
intervention. As businesses seek agility and resilience in their cybersecurity
strategies, the automation & orchestration segment within FWaaS emerges as
a linchpin, enabling them to navigate the ever-evolving threat landscape with
confidence. By facilitating rapid incident response, efficient policy
management, and real-time threat detection, these services foster a proactive
security approach that safeguards digital assets, data, and critical
infrastructure, reinforcing their enduring influence in the FWaaS market.
Key market players in the global firewall as
a service market include:
- Cisco Systems, Inc.
- Sprout Technologies Ltd.
- Forcepoint Cyber
Holdings, Inc.
- Barracuda Networks, Inc.
- Microsoft Corporation
- Cato Networks Ltd.
- Juniper Networks, Inc.
- Check Point Software
Technologies, Inc.
- Intrasystems, Inc.
- Fortinet, Inc.
Download Free Sample Report
Customers can also request for
10% free customization on this report.
“North America's enduring
prominence in the global Firewall as a Service (FWaaS) market underscores its
pivotal role in shaping the industry's landscape. With a robust cybersecurity
ecosystem, advanced technological infrastructure, and early adoption of cutting-edge
solutions, North America is positioned to maintain its dominant stance. The
region's organizations, spanning sectors such as finance, healthcare, and
technology, have recognized the imperative of fortified cybersecurity in the
face of escalating cyber threats. The proactive integration of FWaaS aligns
with North America's commitment to safeguarding sensitive data and digital
assets. Furthermore, North America's stringent regulatory environment,
including compliance requirements like GDPR and CCPA, compels businesses to
invest in comprehensive security solutions like FWaaS. The continuous expansion
of remote work, cloud adoption, and the Internet of Things (IoT) amplifies the
need for robust network security, bolstering FWaaS's relevance. As a result,
North America's trailblazing approach in leveraging FWaaS not only influences
its own cybersecurity landscape but also serves as a benchmark for global
cybersecurity strategies. With its dominance poised to persist, North America's
shaping influence on the FWaaS market is integral to charting a secure and
resilient path forward in the ever-evolving cybersecurity realm.,” said Mr.
Karan Chechi, Research Director with TechSci Research, a research-based global
management consulting firm.
“Firewall as a Service Market By Service Type
(Traffic monitoring & Control, Compliance & Audit Management, Automation & Orchestration, Others),
By Service Model (Infrastructure-as-a-Service (IaaS), Platform-as-a-Service
(PaaS), Software-as-a-Service (SaaS)), By Deployment Mode (Public Cloud,
Private Cloud, Hybrid Cloud), By Organization Size (SMEs and Large
Enterprises), By End User (BFSI, Education, Energy & Utilities, Government
& Public Sector and Others), By Region, Competition, 2018-2028”, has
evaluated the future growth potential of firewall as a service and provides statistics
and information on market structure, size, share, and future growth. The report
intends to provide cutting-edge market intelligence and help decision makers
take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in the global firewall as a service market.
Contact
Techsci Research LLC
420 Lexington Avenue, Suite 300,
New York, United States- 10170
Tel: +13322586602
Email: [email protected]
Website: www.techsciresearch.com