Target Audience of Enterprise Firewall Market: Manufacturer / Potential Investors, Traders, Distributors, Wholesalers, Retailers, Importers and Exporters, Association and government bodies.
Enterprise Firewall Market Report provides key statistics on the market status of the Enterprise Firewall Key-players/Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Industry
The Asia-pacific enterprise firewall market was valued at USD 3.1 billion in 2017, and is expected to reach a value of USD 6.02 billion by 2023, recording a CAGR of 11.4% over the forecast period (2018 – 2023). The scope of the report is limited to solutions offered by major players, including providers of hardware, software, and professional services. The study also emphasizes on various end users, such as healthcare, manufacturing, government, and firewall market in retail. Asia-Pacific enterprise is also segmented by the type of organization to which the software is provided.
Increasing Security Threats is the Major Driver for the Market
Secure file sharing is vital for any company and the easy spread of viruses and malware can occur when the files are shared. The enterprise firewall solutions help to ensure a sophisticated network, reduce the viral encroachments, and track and authenticate files after sending them to the user through proper firewalls.
The importance for compliance, data security, and prevention from other security threats, has been increasing to provide high performance to the users, ensuring secure data. The growth of the internet and the shift of organizations from mainframe computers demanded a better solution than the traditional methods of filtering to avoid malicious traffic. There are various factors, such as internet-virus, sophisticated phishing raids, application-specific attacks, and many others that destroy data and lead to loss in revenue for companies and their reputation. Thus, the adoption of enterprise firewall solutions are increasing to provide increase productivity of company employees and provide better service to customers.
Huge Investments from the Government Side are expected as National Security, and are on the Line
The major benefit for governments is that it improves the overall efficiency, with enterprise firewalls helping to reduce malicious threats and threats from other invaders, while enhancing tracking and authentication of shared data. To guard the data, governments establish many internal information security standards. In order to maintain privacy of citizens, such as social security numbers or any citizen information, few agencies focus on protecting the information. The major issues hampering the growth of the market are the costs needed for hardware firewall and managing the vulnerabilities.
Cloud Computing is Estimated to Grow at a Robust Growth Rate during the Forecast Period
Cloud-based deployment model aids in collecting large volumes of server-storage resources into an integrated solution, while also providing backup of the user’s database on different servers to guarantee reliability of the data. Cloud-based software are less costly, as compared to other deployment models and they allow the businesses to circumvent IT costs, such as hardware and support staff. In the cloud storage era, users have access to the stored data in systems without geographical limitation. The users only pay for the resources that are needed, while the providers bear the cost of building and maintaining storage architectures. In the recent years, the low cost and ease of implementation have made cloud deployment a highly desirable delivery model among enterprises.
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Major companies covered in this Report:
- Check Point Software Technologies
- Palo Alto Networks
- Dell Inc
- Cisco Systems
- Hewlett-Packard Company
- Huawei Technologies Co.
- NETASQ (Airbus Group)
- WatchGuard Technologies
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This Enterprise Firewall market report offers an overview of the market trends, drivers, and barriers with respect to the market. A detailed analysis of key players, along with key growth strategies adopted by them is also covered in this report on Enterprise Firewall market.