Firewall as a Service Market By Size, Growth, Trends and Forecast 2028

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD 2.53 Billion
CAGR (2023-2028)	22.17%
Fastest Growing Segment	SME’s
Largest Market	North America

Market Overview

The projected market size for the global firewall as a service market is expected to reach USD 2.53 billion by the end of 2022, with a compound annual growth rate (CAGR) of 22.17% during the forecast period. FWaaS offers cloud-based firewall deployment and management, enabling businesses to protect their networks and data across various environments. With the rise of remote work, cloud adoption, and IoT devices, traditional security measures are no longer sufficient. FWaaS addresses these challenges by extending firewall capabilities to distributed networks, providing real-time threat monitoring, access control, and intrusion prevention. This approach ensures consistent security measures and simplifies management through centralized control. As cyber threats become more complex, the demand for proactive security measures like FWaaS is on the rise, driving the market's expansion as organizations prioritize robust protection for their digital assets.

Key Market Drivers

The Escalating Frequency and Sophistication of Cyberattacks

The global firewall as a service (FWaaS) market is witnessing a robust growth trajectory driven by the escalating frequency and sophistication of cyberattacks. The digital realm is grappling with an unprecedented surge in cyber threats, ranging from malware and ransomware to phishing and zero-day vulnerabilities. These attacks are becoming increasingly sophisticated, exploiting vulnerabilities in traditional security measures and breaching organizations' defenses. As businesses navigate this complex threat landscape, there's a growing realization that traditional on-premises firewalls are no longer sufficient to counter these advanced threats effectively. FWaaS steps in as a comprehensive solution that leverages cloud technology to offer dynamic, real-time threat detection and prevention. It enables businesses to extend their security perimeters to encompass distributed networks, remote work environments, and cloud infrastructure. By providing a centralized and proactive approach to security, FWaaS empowers organizations to stay ahead of cyber adversaries and respond swiftly to emerging threats. As cybercriminals continuously evolve their tactics, FWaaS emerges as an essential tool for organizations to safeguard their digital assets, customer data, and sensitive information against the relentless onslaught of cyberattacks.

The Increase in Remote Work and Mobile Device Usage

The global firewall as a service (FWaaS) market is experiencing a significant boost propelled by the substantial increase in remote work arrangements and the widespread usage of mobile devices. The landscape of work has evolved, with more employees working from various locations and accessing corporate resources from diverse devices. This shift introduces new challenges for network security, as traditional perimeter-based defenses are no longer sufficient to protect against the expanded attack surface. FWaaS offers a tailored solution to address these challenges by extending robust firewall protections to remote and mobile environments. It ensures that employees can securely access corporate networks, applications, and data from anywhere, without compromising security. By leveraging cloud-based architecture, FWaaS enables consistent security policies across various devices and locations, thwarting potential breaches and data leaks. Organizations recognize the critical importance of securing remote work scenarios, and FWaaS serves as a dynamic shield that adapts to these evolving needs. As the trend towards remote work continues to reshape the modern workforce, FWaaS emerges as a linchpin in safeguarding sensitive information and maintaining the integrity of corporate networks in an era defined by remote connectivity and mobile device usage.

The Rapid Adoption of Cloud Computing and Services

The rapid adoption of cloud computing and services is a driving force behind the global Firewall as a Service (FWaaS) market. As businesses transition their operations to cloud-based environments, the traditional network perimeter becomes porous, necessitating a new approach to network security. FWaaS offers a solution that aligns with the cloud-centric landscape. By integrating security directly into cloud infrastructure, FWaaS provides consistent protection for data and applications across distributed networks. It offers real-time threat detection, access controls, and policy enforcement that adapt to the dynamic nature of cloud environments. This proactive approach not only safeguards cloud resources but also ensures secure communication between on-premises and cloud-based systems. As organizations increasingly rely on cloud services to enhance flexibility and scalability, FWaaS emerges as an indispensable component in fortifying their cyber defenses, bridging the security gaps introduced by cloud adoption, and allowing businesses to harness the benefits of the cloud without compromising on security.

The Growth of the Internet of Things (IoT)

The growth of the Internet of Things (IoT) is a significant driver propelling the global Firewall as a Service (FWaaS) market. With the proliferation of connected devices in various industries, the attack surface has expanded dramatically. These IoT devices often lack robust security measures, making them vulnerable to cyber threats. FWaaS addresses this challenge by extending its protective shield to encompass IoT networks and devices. By deploying cloud-based firewalls, organizations can implement consistent security policies and real-time threat monitoring across their IoT ecosystem. This safeguards critical data transmitted between devices and prevents unauthorized access, mitigating the risk of breaches and potential exploitation of IoT vulnerabilities. As IoT continues to reshape industries and redefine connectivity, FWaaS offers a proactive and adaptable defense strategy that ensures the secure integration of IoT devices into broader network architectures, fostering innovation while maintaining stringent cybersecurity measures.

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Key Market Challenges

Increasing Complexity and Security Concerns

The global firewall as a service (FWaaS) market faces challenges stemming from increasing complexity and growing security concerns. As networks evolve to accommodate cloud environments, remote work, and IoT devices, their complexity rises, making it challenging to maintain cohesive security measures. Organizations grapple with the task of securing distributed systems, diverse endpoints, and interconnected networks effectively. Moreover, heightened security concerns arise due to the constant evolution of cyber threats and the potential for data breaches. The need to ensure compliance with regulations and protect sensitive information amplifies these worries. To address these challenges, FWaaS providers must offer solutions that seamlessly adapt to intricate network configurations while providing robust and consistent protection. Organizations seek FWaaS offerings that combine ease of management with advanced threat detection and prevention capabilities, ensuring that as network complexities increase, security remains resilient and adaptable to evolving cyber risks.

Lack of Awareness and Understanding about FWaaS

The global firewall as a service (FWaaS) market encounters a significant hindrance in the form of a lack of awareness and understanding about this innovative security solution. Many businesses, particularly those operating in traditional IT environments, may be unfamiliar with the concept and potential benefits of FWaaS. This lack of awareness can lead to skepticism or hesitancy to adopt a cloud-based security approach. Organizations might not grasp how FWaaS can effectively protect their networks from evolving cyber threats, streamline security management, and offer scalability. To surmount this challenge, FWaaS providers must undertake proactive efforts to educate the market about its capabilities, advantages, and real-world applications. By offering comprehensive educational resources, case studies, and demonstrations, providers can empower organizations to make informed decisions about adopting FWaaS, enabling them to fortify their cybersecurity posture while navigating the complexities of the modern threat landscape.

Key Market Trends

Integration with DevSecOps

The integration with DevSecOps practices is a driving force behind the global Firewall as a Service (FWaaS) market. As organizations embrace a collaborative approach between development, security, and operations teams, the need for seamless integration of security measures into the development lifecycle becomes paramount. FWaaS aligns with this trend by offering security controls that can be integrated into the DevSecOps pipeline. By automating the deployment of firewall rules, monitoring for vulnerabilities, and responding to threats in real time, FWaaS ensures that security is an integral part of the development process. This proactive approach streamlines security operations, reduces vulnerabilities, and accelerates the delivery of secure applications. As DevSecOps gains momentum as a best practice, FWaaS emerges as a pivotal enabler, enabling organizations to embed security into their applications and infrastructure, resulting in enhanced threat resilience and improved overall cybersecurity posture.

The shift towards Zero-Trust Security Architectures

The shift towards Zero-Trust security architectures is a significant driver fuelling the global Firewall as a Service (FWaaS) market. Traditional security models centered around perimeter defenses are increasingly ineffective in a dynamic and borderless digital landscape. The Zero-Trust approach advocates for the principle of "never trust, always verify," treating every user and device as potentially malicious, regardless of their location. FWaaS aligns seamlessly with this paradigm shift by providing granular access controls, continuous monitoring, and real-time threat detection. It enables organizations to enforce strict security policies based on user identities, device attributes, and contextual information. As businesses prioritize data protection and minimize the attack surface, FWaaS emerges as a key solution that complements the Zero-Trust framework. By extending robust security controls to all users and devices, regardless of their location, FWaaS bolsters the implementation of Zero-Trust architectures, fortifying network defenses and thwarting emerging threats.

Segmental Insights

Organization Size Insights

Based on organization size, the large enterprises segment emerges as the predominant segment, exhibiting unwavering dominance projected throughout the forecast period. Large enterprises, equipped with extensive resources and intricate network structures, find the appeal of FWaaS in its ability to provide robust and scalable security solutions without the burden of extensive on-premises infrastructure. With their heightened security requirements and expansive operations, large enterprises are driving the adoption of FWaaS to fortify their cybersecurity posture. This segment's commanding influence underscores the growing recognition of FWaaS as an indispensable tool in addressing the evolving cybersecurity challenges faced by organizations on a global scale.

End User Insights

Based on end user, the BFSI segment emerges as a formidable frontrunner, exerting its dominance and shaping the market's trajectory throughout the forecast period. The BFSI sector, operating within a highly regulated and data-sensitive environment, places paramount importance on robust cybersecurity measures. With the increasing frequency and sophistication of cyber threats targeting financial institutions, FWaaS offers an effective solution to safeguard critical data, transactions, and customer information. As the BFSI sector continually seeks advanced security solutions to counter evolving threats, its substantial investment in FWaaS underscores its role as a frontrunner in shaping the adoption and growth of FWaaS across the global market.

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Regional Insights

North America stands poised to uphold its dominant stance in the global Firewall as a Service market, underscoring its pivotal role in molding the industry's landscape. The region's technological advancement, coupled with its robust cybersecurity infrastructure and mature market ecosystem, has fueled the rapid adoption of FWaaS solutions across various sectors. With a proactive approach to cybersecurity and stringent regulatory requirements, North American organizations, especially in sectors like finance, healthcare, and technology, are increasingly turning to FWaaS to fortify their defense against cyber threats. As the threat landscape evolves and digital transformation accelerates, North America's early and comprehensive embrace of FWaaS sets a benchmark for other regions. Its continued commitment to cutting-edge security measures and its readiness to invest in advanced solutions reaffirm its influence in steering the trajectory of the global FWaaS market.

Recent Developments

In January 2023, Palo Alto Networks announced that it had acquired CloudGenix, a leading provider of FWaaS. The acquisition is expected to help Palo Alto Networks to expand its FWaaS offerings and reach new customers.
In February 2023, Cisco Systems announced that it had launched a new FWaaS offering called Cisco Umbrella. Cisco Umbrella is designed to provide cloud-based protection against a variety of threats, including malware, phishing, and ransomware.
In March 2023, Fortinet announced that it had expanded its FWaaS offerings with the addition of FortiGate Cloud. FortiGate Cloud is a cloud-native FWaaS offering that is designed to provide high performance and scalability.
In April 2023, Check Point Software Technologies announced that it had launched a new FWaaS offering called Check Point CloudGuard. Check Point CloudGuard is designed to provide comprehensive protection against a variety of threats, including malware, phishing, and ransomware.
In May 2023, Zscaler announced that it had expanded its FWaaS offerings with the addition of Zscaler Private Access. Zscaler Private Access is a cloud based FWaaS offering that is designed to provide secure access to internal resources from anywhere.

Key Market Players

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.

By Service Type	By Service Model	By Organization Size	By Deployment Mode	By End User	By Region
Traffic monitoring & control Compliance & Audit Management Automation & Orchestration Others	Infrastructure-as-a-Service (IaaS) Platform-as-a-Service (PaaS) Software-as-a-Service (SaaS)	SMEs Large Enterprises	Public Cloud Private Cloud Hybrid Cloud	BFSI Education Energy & Utilities Government & Public Sector Others	North America Europe South America Middle East & Africa Asia Pacific

Report Scope:

In this report, the global firewall as a service market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Firewall as a Service Market, By Service Type:

o Traffic monitoring & control

o Compliance & Audit Management

o Automation & Orchestration

o Others

Global Firewall as a Service Market, By Service Model:

o Infrastructure-as-a-Service (IaaS)

o Platform-as-a-Service (PaaS)

o Software-as-a-Service (SaaS)

Global Firewall as a Service Market, By Deployment Mode:

o Public Cloud

o Private Cloud

o Hybrid Cloud

Global Firewall as a Service Market, By Organization Size:

o SMEs

o Large Enterprises

Global Firewall as a Service Market, By End User:

o BFSI

o Education

o Energy & Utilities

o Government & Public Sector

o Others

Global Firewall as a Service Market, By Region:

o North America

o Europe

o South America

o Middle East & Africa

o Asia Pacific

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Firewall as a Service Market.

Available Customizations:

Global Firewall as a Service market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Firewall as a Service Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Service Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

4. Impact of COVID-19 on Global Firewall as a Service Market

5. Voice of Customer

6. Global Firewall as a Service Market Overview

7. Global Firewall as a Service Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Service Type (Traffic monitoring & control, Compliance & Audit Management, Automation & Orchestration, Others)

7.2.2. By Service Model (Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), Software-as-a-Service (SaaS))

7.2.3. By Deployment Mode (Public Cloud, Private Cloud, Hybrid Cloud)

7.2.4. By Organization Size (SMEs, Large Enterprises)

7.2.5. By End User (BFSI, Education, Energy & Utilities, Government & Public Sector and Others)

7.2.6. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

7.2.7. By Region

7.3. By Company (2022)

7.4. Market Map

8. North America Firewall as a Service Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Service Type

8.2.2. By Service Model

8.2.3. By Deployment Mode

8.2.4. By Organization Size

8.2.5. By End User

8.2.6. By Country

8.3. North America: Country Analysis

8.3.1. United States Firewall as a Service Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Service Type

8.3.1.2.2. By Service Model

8.3.1.2.3. By Deployment Mode

8.3.1.2.4. By Organization Size

8.3.1.2.5. By End User

8.3.2. Canada Firewall as a Service Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Service Type

8.3.2.2.2. By Service Model

8.3.2.2.3. By Deployment Mode

8.3.2.2.4. By Organization Size

8.3.2.2.5. By End User

8.3.3. Mexico Firewall as a Service Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Service Type

8.3.3.2.2. By Service Model

8.3.3.2.3. By Deployment Mode

8.3.3.2.4. By Organization Size

8.3.3.2.5. By End User

9. Europe Firewall as a Service Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Service Type

9.2.2. By Service Model

9.2.3. By Deployment Mode

9.2.4. By Organization Size

9.2.5. By End User

9.2.6. By Country

9.3. Europe: Country Analysis

9.3.1. Germany Firewall as a Service Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Service Type

9.3.1.2.2. By Service Model

9.3.1.2.3. By Deployment Mode

9.3.1.2.4. By Organization Size

9.3.1.2.5. By End User

9.3.2. United Kingdom Firewall as a Service Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Service Type

9.3.2.2.2. By Service Model

9.3.2.2.3. By Deployment Mode

9.3.2.2.4. By Organization Size

9.3.2.2.5. By End User

9.3.3. France Firewall as a Service Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Service Type

9.3.3.2.2. By Service Model

9.3.3.2.3. By Deployment Mode

9.3.3.2.4. By Organization Size

9.3.3.2.5. By End User

9.3.4. Spain Firewall as a Service Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Service Type

9.3.4.2.2. By Service Model

9.3.4.2.3. By Deployment Mode

9.3.4.2.4. By Organization Size

9.3.4.2.5. By End User

9.3.5. Italy Firewall as a Service Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Service Type

9.3.5.2.2. By Service Model

9.3.5.2.3. By Deployment Mode

9.3.5.2.4. By Organization Size

9.3.5.2.5. By End User

10. South America Firewall as a Service Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Service Type

10.2.2. By Service Model

10.2.3. By Deployment Mode

10.2.4. By Organization Size

10.2.5. By End User

10.2.6. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Firewall as a Service Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Service Type

10.3.1.2.2. By Service Model

10.3.1.2.3. By Deployment Mode

10.3.1.2.4. By Organization Size

10.3.1.2.5. By End User

10.3.2. Argentina Firewall as a Service Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Service Type

10.3.2.2.2. By Service Model

10.3.2.2.3. By Deployment Mode

10.3.2.2.4. By Organization Size

10.3.2.2.5. By End User

10.3.3. Colombia Firewall as a Service Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Service Type

10.3.3.2.2. By Service Model

10.3.3.2.3. By Deployment Mode

10.3.3.2.4. By Organization Size

10.3.3.2.5. By End User

11. Middle East & Africa Firewall as a Service Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.2. Market Share & Forecast

11.2.1. By Service Type

11.2.2. By Service Model

11.2.3. By Deployment Mode

11.2.4. By Organization Size

11.2.5. By End User

11.2.6. By Country

11.3. Middle East & America: Country Analysis

11.3.1. Israel Firewall as a Service Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Service Type

11.3.1.2.2. By Service Model

11.3.1.2.3. By Deployment Mode

11.3.1.2.4. By Organization Size

11.3.1.2.5. By End User

11.3.2. Qatar Firewall as a Service Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Service Type

11.3.2.2.2. By Service Model

11.3.2.2.3. By Deployment Mode

11.3.2.2.4. By Organization Size

11.3.2.2.5. By End User

11.3.3. UAE Firewall as a Service Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Service Type

11.3.3.2.2. By Service Model

11.3.3.2.3. By Deployment Mode

11.3.3.2.4. By Organization Size

11.3.3.2.5. By End User

11.3.4. Saudi Arabia Firewall as a Service Market Outlook

11.3.4.1. Market Size & Forecast

11.3.4.1.1. By Value

11.3.4.2. Market Share & Forecast

11.3.4.2.1. By Service Type

11.3.4.2.2. By Service Model

11.3.4.2.3. By Deployment Mode

11.3.4.2.4. By Organization Size

11.3.4.2.5. By End User

12. Asia Pacific Firewall as a Service Market Outlook

12.1. Market Size & Forecast

12.1.1. By Value

12.2. Market Share & Forecast

12.2.1. By Service Type

12.2.2. By Service Model

12.2.3. By Deployment Mode

12.2.4. By Organization Size

12.2.5. By End User

12.2.6. By Country

12.3. Asia Pacific: Country Analysis

12.3.1. China Firewall as a Service Market Outlook

12.3.1.1. Market Size & Forecast

12.3.1.1.1. By Value

12.3.1.2. Market Share & Forecast

12.3.1.2.1. By Service Type

12.3.1.2.2. By Service Model

12.3.1.2.3. By Deployment Mode

12.3.1.2.4. By Organization Size

12.3.1.2.5. By End User

12.3.2. Japan Firewall as a Service Market Outlook

12.3.2.1. Market Size & Forecast

12.3.2.1.1. By Value

12.3.2.2. Market Share & Forecast

12.3.2.2.1. By Service Type

12.3.2.2.2. By Service Model

12.3.2.2.3. By Deployment Mode

12.3.2.2.4. By Organization Size

12.3.2.2.5. By End User

12.3.3. South Korea Firewall as a Service Market Outlook

12.3.3.1. Market Size & Forecast

12.3.3.1.1. By Value

12.3.3.2. Market Share & Forecast

12.3.3.2.1. By Service Type

12.3.3.2.2. By Service Model

12.3.3.2.3. By Deployment Mode

12.3.3.2.4. By Organization Size

12.3.3.2.5. By End User

12.3.4. India Firewall as a Service Market Outlook

12.3.4.1. Market Size & Forecast

12.3.4.1.1. By Value

12.3.4.2. Market Share & Forecast

12.3.4.2.1. By Service Type

12.3.4.2.2. By Service Model

12.3.4.2.3. By Deployment Mode

12.3.4.2.4. By Organization Size

12.3.4.2.5. By End User

12.3.5. Australia Firewall as a Service Market Outlook

12.3.5.1. Market Size & Forecast

12.3.5.1.1. By Value

12.3.5.2. Market Share & Forecast

12.3.5.2.1. By Service Type

12.3.5.2.2. By Service Model

12.3.5.2.3. By Deployment Mode

12.3.5.2.4. By Organization Size

12.3.5.2.5. By End User

13. Market Dynamics

13.1. Drivers

13.2. Challenges

14. Market Trends and Developments

15. Company Profiles

15.1. Cisco Systems, Inc.

15.1.1. Business Overview

15.1.2. Key Financials & Revenue

15.1.3. Key Contact Person

15.1.4. Headquarters Address

15.1.5. Key Product/Service Offered

15.2. Sprout Technologies Ltd.

15.2.1. Business Overview

15.2.2. Key Financials & Revenue

15.2.3. Key Contact Person

15.2.4. Headquarters Address

15.2.5. Key Product/Service Offered

15.3. Forcepoint Cyber Holdings, Inc.

15.3.1. Business Overview

15.3.2. Key Financials & Revenue

15.3.3. Key Contact Person

15.3.4. Headquarters Address

15.3.5. Key Product/Service Offered

15.4. Barracuda Networks, Inc.

15.4.1. Business Overview

15.4.2. Key Financials & Revenue

15.4.3. Key Contact Person

15.4.4. Headquarters Address

15.4.5. Key Product/Service Offered

15.5. Microsoft Corporation

15.5.1. Business Overview

15.5.2. Key Financials & Revenue

15.5.3. Key Contact Person

15.5.4. Headquarters Address

15.5.5. Key Product/Service Offered

15.6. Cato Networks Ltd.

15.6.1. Business Overview

15.6.2. Key Financials & Revenue

15.6.3. Key Contact Person

15.6.4. Headquarters Address

15.6.5. Key Product/Service Offered

15.7. Juniper Networks, Inc.

15.7.1. Business Overview

15.7.2. Key Financials & Revenue

15.7.3. Key Contact Person

15.7.4. Headquarters Address

15.7.5. Key Product/Service Offered

15.8. Check Point Software Technologies, Inc.

15.8.1. Business Overview

15.8.2. Key Financials & Revenue

15.8.3. Key Contact Person

15.8.4. Headquarters Address

15.8.5. Key Product/Service Offered

15.9. Intrasystems, Inc.

15.9.1. Business Overview

15.9.2. Key Financials & Revenue

15.9.3. Key Contact Person

15.9.4. Headquarters Address

15.9.5. Key Product/Service Offered

15.10.Fortinet, Inc.

15.10.1. Business Overview

15.10.2. Key Financials & Revenue

15.10.3. Key Contact Person

15.10.4. Headquarters Address

15.10.5. Key Product/Service Offered

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Firewall as a Service Market in 2022?

The market size of the global firewall as a service market was estimated to be USD 2.53 Billion in 2022.

Which was the dominant segment by service type in the Global Firewall as a Service Market in 2022?

In 2022, automation & orchestration were the dominant segment by service type in the global firewall as a service market. Automation and orchestration services play a pivotal role in enhancing the efficiency and effectiveness of security operations by automating tasks, managing policies, and responding to threats in real time. This segment's prominence is driven by the growing complexity of cybersecurity landscapes and the need for streamlined security management across distributed networks. As organizations seek to optimize their security measures and adapt to evolving threats, the automation & orchestration services within FWaaS stand as a crucial component that empowers businesses to proactively safeguard their digital assets and networks.

Which are the key players in the Global Firewall as a Service Market?

Key players in the market are 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., and others.

What are the major drivers for the Global Firewall as a Service Market?

The increase in remote work and mobile device usage and escalating frequency and sophistication of cyberattacks are the major drivers for the global firewall as a service market.

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Sakshi Bajaal

Business Consultant

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Press Release

Firewall as a Service Market to be Led by Increasing Internet of Things (IoT) across the Globe Through 2028

Nov, 2023

The Escalating Frequency and Sophistication of Cyberattacks is driving the Implementation of Firewall as a Service market across the Global.

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