Enterprise Firewall Market Development Factors 2020 Overview by Regional Analysis, Industry Size, Business Share, Growth Rate Forecast to 2024

Enterprise Firewall

The “Enterprise Firewall Market” report 2020 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position in the market. It maintains the record of Unusual growth strategies adopted by various companies that are creating new standards for competition in the global Enterprise Firewall market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of the prevailing regulatory scenario on both regional and worldwide Enterprise Firewall market is provided in detail in the report.

Enterprise Firewall Market Covers the Following Key Players:

  • Fortinet Inc.
  • Palo Alto Networks
  • McAfee (Intel Security Group)
  • Dell Inc.
  • Cisco Systems Inc.
  • The Hewlett
  • Packard Company
  • Juniper Networks
  • Check Point Software Technologies
  • Huawei Technologies Inc.
  • Sophos Group plc.
  • Netasq SA
  • WatchGuard Technologies
  • SonicWall Inc.

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    Market Overview:

  • The enterprise firewall market is expected to register a CAGR of 9.44 %, during the forecast period (2019 – 2024). Earlier used enterprise firewalls have lost their feasibility in the current market scenario, as the high level of threats posed by modern hacking methods cannot be handled by conventional systems.
  • – Enterprise firewalls are the basic unit of network security. They examine the flow of inbound and outbound data packets in an enterprise network against a set of predefined values to detect any malicious activity in the network.
  • – With the emergence of cloud technology, firewalls are now being deployed which offers a bundled solution that ensures availability of firewall on any device, addresses any traffic workload and enforces similar policies across the organization.
  • – According to the Identity Theft Resource Center (ITRC), in the US in 2017, the commercial networks witnessed 1013 breaches exposing more than 166 million records out of which 98% belonged to various organizations operating in the business sector.
  • – The increasing demand for network security, especially in the manufacturing sector is primarily due to the rapid adoption of Industry 4.0 policies, also IoT applications are expected to create a huge demand for enterprise firewall systems.

    Scope of the Report:

    Firewalls are network protection solution that examines the flow of data packets in and out of the enterprise, they’re governed by some set of rules that decide whether that flow is safe, malicious, or questionable and in need of inspection.

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    Key Market Trends:

    Cloud Services to have High Growth Rate

    – Cloud computing is increasing day by day, owing to the flexible work environment, data distribution and efficient data storage that cloud computing provides is unmatched by any other traditional computing and data storage systems.
    – Consequently, numerous companies are heading towards cloud computing, placing their data and communications in the cloud. Security issues is one of the most important factor hampering the growth of cloud adoption.
    – Furthermore, cloud computing is estimated to grow at a robust rate during the forecast period. The increased adoption of cloud-based software has provided a number of benefits for companies from various industries, including the ability to use software from any device, either through a native app or through a browser. the growth of cloud computing is directly driving the growth of the enterprise firewall market as without a security layer, valuable data of the organizations are at stake as data breaches are increasing.

    North America Occupies the Largest Market Share

    – The North American region currently has the highest market share, due to the high preference of businesses for security, and continuous adoption of high performing network security solutions by organizations.
    – Cloud solutions are playing a vital role in propelling the growth of enterprise firewall in this region, due to its attributes that include cost-effectiveness, automatic integrations, minimum IT investment, and easy accessibility.
    – The latest technological breakthroughs have also assisted the advancement of the enterprise firewall market. These advancements can make the overall processes more efficient and can significantly improve accuracy in numerous applications. There have been a series of new product launches, mergers, and acquisitions in the North American region to take advantage of this opportunity.

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Enterprise Firewall Market opportunities and recommendations for new investments

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    Detailed TOC of Enterprise Firewall Market Report 2019-2024:

    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study



    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Increasing Security Threats
    4.4 Market Restraints
    4.4.1 Laggard Attitude Towards Security by Some Enterprises
    4.5 Industry Attractiveness – Porter’s Five Force Analysis
    4.5.1 Threat of New Entrants
    4.5.2 Bargaining Power of Buyers/Consumers
    4.5.3 Bargaining Power of Suppliers
    4.5.4 Threat of Substitute Products
    4.5.5 Intensity of Competitive Rivalry


    6.1 By Type of Deployment
    6.1.1 On-premise
    6.1.2 Cloud
    6.2 By Solution
    6.2.1 Hardware
    6.2.2 Software
    6.2.3 Services
    6.3 By Size of the Organization
    6.3.1 Small and Medium Organizations
    6.3.2 Large Organizations
    6.4 By End-user Industry
    6.4.1 Healthcare
    6.4.2 Manufacturing
    6.4.3 Government
    6.4.4 Retail
    6.4.5 Education
    6.4.6 Financial Services
    6.4.7 Media
    6.4.8 Communications
    6.4.9 Other End-user Industries
    6.5 Geography
    6.5.1 North America
    6.5.2 Europe
    6.5.3 Asia-Pacific
    6.5.4 Latin America
    6.5.5 Middle East & Africa

    7.1 Company Profiles
    7.1.1 Fortinet Inc.
    7.1.2 Palo Alto Networks
    7.1.3 McAfee (Intel Security Group)
    7.1.4 Dell Inc.
    7.1.5 Cisco Systems Inc.
    7.1.6 The Hewlett-Packard Company
    7.1.7 Juniper Networks
    7.1.8 Check Point Software Technologies
    7.1.9 Huawei Technologies Inc.
    7.1.10 Sophos Group plc.
    7.1.11 Netasq SA
    7.1.12 WatchGuard Technologies
    7.1.13 SonicWall Inc.



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