Global Enterprise Firewall Software Market by Type (On-Premise, Cloud Based), By Application (Small and Medium-Sized Enterprises, Large Enterprises) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global enterprise firewall software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for cloud-based firewall solutions and the rising number of cyber-attacks. On the basis of type, the global enterprise firewall software market can be segmented into on-premise and cloud-based solutions. The on-premise segment is expected to hold a larger share of the market during the forecast period, owing to its advantages such as low cost and better security features as compared to cloud-based solutions. However, with an increase in demand for cloud services, the cloud-based segment is projected to grow at a higher CAGR during the forecast period. 



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Product Definition:

An enterprise firewall software is a type of network security software that is used to protect an organization's computer networks from unauthorized access and attack. Enterprise firewall software typically sits on the edge of the network, between the internal network and the external internet, and monitors all traffic entering and exiting the network. It can block or allow traffic based on predefined rules, allowing only authorized traffic through while blocking everything else. Enterprise firewall software is critical for protecting an organization's computer networks from attack, both from malicious insiders as well as external attackers.

On-Premise:

On-premise software is a type of software that is installed and used directly by the end-users or enterprises. It's primary function is to protect the enterprise network from external threats such as hackers, viruses, spams and other cyber threats. The growth factor for on-premise enterprise firewall software market includes growing adoption of cloud computing services which has led to an increase in demand for security solutions such as firewalls due to its added benefits such as scalability & flexibility.

Cloud Based:

Cloud-based solutions are software-as-a-service (SaaS) applications that provide a platform for the management and control of firewalls. The SaaS model in cloud based solutions provides an infrastructure to deploy, run, and manage applications on demand without requiring users to purchase or maintain physical hardware. In other words, it is a service model that allows customers/users to use any device connected to the internet such as smartphones, laptops etc.

Application Insights:

The large enterprises segment dominated the global enterprise firewall software market in 2017. This can be attributed to factors such as a large number of end-users, high data traffic and an increasing number of connected devices within the organization. Furthermore, government regulations that mandate the implementation of security solutions across organizations are further driving demand for EFS in large enterprises.

Small and medium-sized businesses (SMBs) accounted for a significant share owing to factors such as growing internet penetration, rising adoption of cloud services and rapid growth in e-commerce activities across various industries worldwide. SMBs typically have fewer resources compared to larger organizations which forces them to adopt cost saving measures while choosing technology providers; this factor is likely to drive demand over the forecast period.

Regional Analysis:

North America accounted for the largest share of over 35% in 2017. The region is expected to maintain its lead throughout the forecast period owing to early adoption of technologies and increased focus on cyber security across various industries. Moreover, presence of major players such as Cisco Systems, Inc.; Hewlett Packard Enterprise; and Oracle Corporation will continue to drive regional growth.

Asia Pacific is anticipated to register significant growth over the forecast period owing to increasing number of small and medium-sized enterprises (SMEs) in countries such as China, India, Japan, South Korea & Australia that lack robust IT infrastructure facilities compared with large enterprises based in developed economies such as U.S., Germany etc.

The market for global enterprise firewall software by country was dominated by U.S.

Growth Factors:

Increasing demand for cloud-based security solutions
Proliferation of mobile devices and BYOD policies in organizations
Stringent government regulations and compliance requirements
Growing concerns over data breaches and cyber-attacks
Emergence of new technologies such as big data, IoT, and AI


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Scope Of The Report
Report Attributes
Report Details
Report Title
Enterprise Firewall Software Market Research Report
By Type
On-Premise, Cloud Based
By Application
Small and Medium-Sized Enterprises, Large Enterprises
By Companies
Cisco Systems, Fortinet, Juniper Networks, McAfee, Palo Alto Networks, AhnLab, Huawei Technologies, WatchGuard Technologies
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
146
Number of Tables & Figures
103
Customization Available
Yes, the report can be customized as per your need.

Global Enterprise Firewall Software Market Report Segments:
The global Enterprise Firewall Software market is segmented on the basis of:
Types
On-Premise, Cloud Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Small and Medium-Sized Enterprises, Large Enterprises
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
Cisco Systems
Fortinet
Juniper Networks
McAfee
Palo Alto Networks
AhnLab
Huawei Technologies
WatchGuard Technologies



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Highlights of The Enterprise Firewall Software Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
On-Premise
Cloud Based
By Application:
Small and Medium-Sized Enterprises
Large Enterprises
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Enterprise Firewall Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
Correctly Positioning New Products
Market Entry Strategies
Business Expansion Strategies
Consumer Insights
Understanding Competition Scenario
Product & Brand Management
Channel & Customer Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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