Market Overview:
The global firewall as a service market is expected to grow from USD 2.02 Billion in 2018 to USD 7.81 Billion by 2030, at a CAGR of 22.5% during the forecast period. The growth of the global firewall as a service market can be attributed to the increasing demand for cloud-based security solutions and services and the growing need for protecting critical infrastructure from cyberattacks. The global firewall as a service market is segmented by type, application, and region. By type, the market is divided into reporting and log management, automation and orchestration, security management, managed services, professional services,,and others). The security management segment is expected to grow at the highest CAGR during the forecast period owing to an increase in cyber threats across industries such as energy & utilities; government & public sector; healthcare & life sciences; manufacturing; retail & ecommerce; telecommunication; IT&ITES ;and others). By application ,the market is classified into energy & utilities ,government&public sector healthcare&life sciences manufacturing retail&ecommerce telecommunication it&ites Others .
Product Definition:
Firewall as a Service (FWaaS) is the use of a cloud-based firewall service to protect an organization's network. FWaaS can provide organizations with enhanced security by allowing them to outsource their firewall needs to a third party. This can free up internal IT resources that can be used for other tasks and allow organizations to take advantage of the expertise of the FWaaS provider.
Reporting and Log Management:
The global Reporting and Log Management, it's usage and growth factor in Firewall as a Service market size was valued at USD 0.00 in 2016. It is expected to expand at a CAGR of XX% over the forecast period.
Automation and Orchestration:
Automation and orchestration are the technologies that help in improving the performance of a system by handling repetitive tasks. It is used to reduce manual intervention which helps in increasing productivity. In firewall as a service (FaaS), it helps in automating the process of creating, modifying, and removing firewalls on various devices such as routers, switches and other endpoints. The automation reduces human intervention which results into faster processing time thereby resulting into improved performance of business operations.
Application Insights:
The energy and utilities segment accounted for the largest market share in 2017. The growth is attributed to the increasing demand for online services by firewalls as a service providers in the industry. For instance, Forcepoint Technologies, Inc., an Israel-based company provides Forcepoint Security Fabric Online (SFoO) platform that enables organizations to securely connect different applications and devices through a web application firewall.
The government and public sector segment is expected to register significant growth over the forecast period owing to factors such as growing demand from governments for advanced security solutions, favorable regulations on cyber security management, increasing investments by companies in developing countries such as India and China on account of rising adoption of digital technologies across various sectors including healthcare, IT & ITES among others. Furthermore, stringent government policies related to data privacy are anticipated further drive consumer interest towards online SFoA offerings thereby driving market growth over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to continue its dominance over the forecast period as well, owing to factors such as increasing cyber threats and growing adoption of cloud-based technologies. Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising investments in infrastructure development and rapid technological advancements across various industries. Moreover, increasing demand for consumer electronics products such as smartphones and tablets across developing countries including India, China, Japan, South Korea & Australia will drive regional growth further.
Growth Factors:
- Increased demand for cloud-based security solutions: The Firewall as a Service market is growing at a rapid pace due to the increased demand for cloud-based security solutions. Cloud-based security solutions are more efficient and cost effective than traditional on-premises security solutions, and thus, are being adopted by organizations of all sizes.
- Proliferation of mobile devices and BYOD policies: The proliferation of mobile devices and the increasing trend of BYOD (Bring Your Own Device) policies are contributing to the growth of the Firewall as a Service market. Mobile devices are susceptible to malware attacks, and thus, organizations need robust firewall protection for these devices. BYOD policies increase the complexity of IT infrastructure management, which can be addressed by using firewalls that offer centralized management capabilities.
- Growing awareness about cyber threats: There has been a significant increase in cyber threats in recent years, owing to which organizations have become more aware about the need for cybersecurity measures such as firewalls. As a result, there is an increasing demand for firewall products that can provide comprehensive protection against various types of cyber threats.
Scope Of The Report
Report Attributes
Report Details
Report Title
Firewall as a Service Market Research Report
By Type
Reporting and Log Management, Automation and Orchestration, Security Management, Managed Services, Professional Services, Others
By Application
Energy and utilities, Government and public sector, Healthcare and life sciences, Manufacturing, Retail and eCommerce, Telecommunication, and IT and ITES, Others
By Companies
Barracuda, Cato, Check Point, Cisco, Forcepoint, Fortinet, Juniper, Palo Alto, WatchGuard, Zscaler
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Firewall as a Service Market Report Segments:
The global Firewall as a Service market is segmented on the basis of:
Types
Reporting and Log Management, Automation and Orchestration, Security Management, Managed Services, Professional Services, Others
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
Energy and utilities, Government and public sector, Healthcare and life sciences, Manufacturing, Retail and eCommerce, Telecommunication, and IT and ITES, Others
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:
- Barracuda
- Cato
- Check Point
- Cisco
- Forcepoint
- Fortinet
- Juniper
- Palo Alto
- WatchGuard
- Zscaler
Highlights of The Firewall as a Service 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:
- Reporting and Log Management
- Automation and Orchestration
- Security Management
- Managed Services
- Professional Services
- Others
- By Application:
- Energy and utilities
- Government and public sector
- Healthcare and life sciences
- Manufacturing
- Retail and eCommerce
- Telecommunication, and IT and ITES
- Others
- 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 Firewall as a Service 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.
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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
Frequently Asked Questions?
Firewall as a Service (FaaS) is a cloud-based platform that provides an on-demand firewalling service. FaaS allows users to create, manage, and deploy firewall rules in the cloud.
Some of the key players operating in the firewall as a service market are Barracuda, Cato, Check Point, Cisco, Forcepoint, Fortinet, Juniper, Palo Alto, WatchGuard, Zscaler.
The firewall as a service market is expected to register a CAGR of 22.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Firewall as a Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Firewall as a Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Firewall as a Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Firewall as a Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Firewall as a Service Market Size & Forecast, 2020-2028
4.5.1 Firewall as a Service Market Size and Y-o-Y Growth
4.5.2 Firewall as a Service Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Reporting and Log Management
5.2.2 Automation and Orchestration
5.2.3 Security Management
5.2.4 Managed Services
5.2.5 Professional Services
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Energy and utilities
6.2.2 Government and public sector
6.2.3 Healthcare and life sciences
6.2.4 Manufacturing
6.2.5 Retail and eCommerce
6.2.6 Telecommunication
6.2.7 and IT and ITES
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Firewall as a Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Firewall as a Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Reporting and Log Management
9.6.2 Automation and Orchestration
9.6.3 Security Management
9.6.4 Managed Services
9.6.5 Professional Services
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Energy and utilities
9.10.2 Government and public sector
9.10.3 Healthcare and life sciences
9.10.4 Manufacturing
9.10.5 Retail and eCommerce
9.10.6 Telecommunication
9.10.7 and IT and ITES
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Reporting and Log Management
10.6.2 Automation and Orchestration
10.6.3 Security Management
10.6.4 Managed Services
10.6.5 Professional Services
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Energy and utilities
10.10.2 Government and public sector
10.10.3 Healthcare and life sciences
10.10.4 Manufacturing
10.10.5 Retail and eCommerce
10.10.6 Telecommunication
10.10.7 and IT and ITES
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Reporting and Log Management
11.6.2 Automation and Orchestration
11.6.3 Security Management
11.6.4 Managed Services
11.6.5 Professional Services
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Energy and utilities
11.10.2 Government and public sector
11.10.3 Healthcare and life sciences
11.10.4 Manufacturing
11.10.5 Retail and eCommerce
11.10.6 Telecommunication
11.10.7 and IT and ITES
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Reporting and Log Management
12.6.2 Automation and Orchestration
12.6.3 Security Management
12.6.4 Managed Services
12.6.5 Professional Services
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Energy and utilities
12.10.2 Government and public sector
12.10.3 Healthcare and life sciences
12.10.4 Manufacturing
12.10.5 Retail and eCommerce
12.10.6 Telecommunication
12.10.7 and IT and ITES
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Reporting and Log Management
13.6.2 Automation and Orchestration
13.6.3 Security Management
13.6.4 Managed Services
13.6.5 Professional Services
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Energy and utilities
13.10.2 Government and public sector
13.10.3 Healthcare and life sciences
13.10.4 Manufacturing
13.10.5 Retail and eCommerce
13.10.6 Telecommunication
13.10.7 and IT and ITES
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Firewall as a Service Market: Competitive Dashboard
14.2 Global Firewall as a Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Barracuda
14.3.2 Cato
14.3.3 Check Point
14.3.4 Cisco
14.3.5 Forcepoint
14.3.6 Fortinet
14.3.7 Juniper
14.3.8 Palo Alto
14.3.9 WatchGuard
14.3.10 Zscaler
