Network Security Firewall: 3 Growth Factors Market Participants Should Consider

Network Security Firewall Market Latest Edition Published with Forecast to 2030


The article cited AMA's "Global Network Security Firewall Market Study" explored CAGR of 12.7%. According to the report, Rising Vulnerability in SS7 is one of the primary growth factors for the market. Increasing Network Security as well as Privacy Concern is also expected to contribute significantly to the Network Security Firewall market. Overall, Financial Services applications of Network Security Firewall, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Service, such as Professional, is boosting the Network Security Firewall market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Deployment Model, such as On-Premises, is boosting the Network Security Firewall market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Network Security Firewall market identified that the demand is rising in many different parts of the world as "Increasing Popularity of Network Function Virtualization (NFV) ". Furthermore, some recent industry insights like "In January 2024, NSFOCUS launched the new WAF version 6080 in 2023. New features of this version include: Effective supervision and compliance checks for APIs, guarding against API exposure risks, and protecting against various security risks at the API level." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Network Security Firewall market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Network Security Firewall market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Craig Francis

PR & Marketing Manager