Network Security Firewall Market Scope
Network Security firewall is used to generate greater security system in order to avoid unauthorized access. Network Security Firewall can be considered as either hardware or software but ideally its configuration contain of both. Additionally, it can used to avoid unauthorized internet users from retrieving private networks connected to the internet, particularly intranets. There are various applications are available in different industries such as financial services, medical authorities, education authorities, retail, manufacturing, IT, energy and other.
According to AMA, the Global Network Security Firewall market is expected to see growth rate of 12.7%The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Network Security Firewall market throughout the predicted period.
Symsoft (Sweden), Cellusys (Ireland), Adaptive Mobile (Ireland), Evolved Intelligence (United Kingdom), Mobileum (United States), Tata Communication (India), AMD Telecom (Greece), HPE (United States), Anam Technologies (Ireland) and SAP (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Openmind Networks (Ireland) and OMOBIO (Sri Lanka).
Segmentation Overview
The study have segmented the market of Global Network Security Firewall market by Type (SMS Firewall (Application-to-Person (A2P) messaging, Person -to- Application (P2A) messaging) and Signalling Firewall (SS7 , Diameter)), by Application (Financial Services, Medical Authorities, Education Authorities, Retail, Manufacturing Units, IT and Other) and Region with country level break-up.
On the basis of geography, the market of Network Security Firewall has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising Vulnerability in SS7 and Advancement of Digital Transformation in the Telecommunications Industry
Market Growth Drivers:
Increasing Network Security as well as Privacy Concern and Government Initiation towards Network Security Firewall
Challenges:
Emerging Grey Route Fraudulent Mechanism
Restraints:
Dearth of Defensive Firewall Maintenance
Opportunities:
Increasing Popularity of Network Function Virtualization (NFV) and Dearth of Unified Network Security Firewall Sellers
Market Leaders and their Expansionary Development Strategies
In April 2024, Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, and Google Cloud today announced the most significant expansion of their partnership to date. Palo Alto Networks has extended and increased its commitment to Google Cloud with a ten-figure, multi-year commitment and named Google Cloud its AI and infrastructure provider of choice. Google Cloud has long considered Palo Alto Networks its preferred next-generation firewall (NGFW) provider, and the expanded agreement solidifies that relationship. The alliance also underscores the critical importance of platformization fueled by AI to automate and consolidate multiple solutions, and deliver near-real-time security resolutions.
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.
Key Target Audience
Network Solution Providers, Communication Service Providers, Cloud Service Providers, System Integrators, Industry Associations and Experts, Research Organizations and Consulting Companies., Research Institutes, Government Regulatory Bodies, Government and Private Research Organization and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.