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Firewall as a Service (FWAAS) Market Industry Demand, Growth Analysis and Forecast By 2029.

Submitted by Simran4you on Fri, 06/30/2023 - 09:56

Data Bridge Market Research has recently published the comprehensive business research on "Firewall as a Service (FWAAS) Market" includes historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. "Firewall as a Service (FWAAS) Market" research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach. The report helps understand how to connect with customers, how to stack up against the competition, and how to plan next steps. It plays an important role in the process of developing products and services, bringing them to the marketplace, and marketing them to consumers. For many businesses, "Firewall as a Service (FWAAS) Market" report acts as a key component in developing marketing strategy by providing a fact-based foundation for estimating sales and profitability.

Data Bridge Market Research analyses that the firewall as a service (FWAAS) market value, which was USD 0.30 billion in 2021, is expected to reach the value of USD 8.28 billion by 2029, at a CAGR of 25.40% during the forecast period. “Public Cloud" accounts for the largest deployment model segment in the firewall as a service (FWAAS) market owing to the growing rate of adoption of firewall as a service (FWAAS) by small and medium scale enterprises. The firewall as a service (FWAAS) market report also covers pricing analysis, patent analysis, and technological advancements in depth.

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Market Definition:

From the name itself, it is clear that firewall as a service (FWAAS) is a technological system that provides advanced level of security including access controls, such as advanced threat prevention, intrusion prevention systems (IPS) and DNS security. Firewall as a service (FWAAS) is a cloud firewall system designed to protect the crucial organizational information set.

Some of the major players operating in the firewall as a service (FWAAS) market are:

Fortinet, Inc. (US)
Spitfire Technology Group (US)
WatchGuard Technologies, Inc. (US)
Hewlett Packard Enterprise Development LP (US)
Skybox Security, Inc. (US)
AlgoSec (US)
FireMon, LLC. (US)
F5, Inc. (US)
Vocus Group (Australia)
Sprout Technologies Limited (US)
Barracuda Networks (US)
Cato Networks (Israel)
Check Point Software Technologies (Israel)
Cisco Systems, Inc. (US)
Forcepoint (US)
Juniper Networks (US)
Palo Alto Networks (US)
WatchGuard (US)
Zscaler (US)

Global Firewall as a Service (FWAAS) Market Scope

The firewall as a service (FWAAS) market is segmented on the basis of service type, service model, deployment model, organization size, vertical, and product. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Service type

Traffic Monitoring and Control
Compliance and Audit Management
Reporting and Log Management
Automation and Orchestration
Security Management
Managed Services
Professional Services
Firewall as a service (Fwaas) market on the basis of service type has been segmented as traffic monitoring and control, compliance and audit management, reporting and log management, automation and orchestration, security management, managed services, professional services, and others.

Service model
Infrastructure as a Service
Platform as a Service
Software as a Service
Based on service model, firewall as a service (FWAAS) market has been segmented into infrastructure as a service, platform as a service, and software as a service.

Deployment model
Public Cloud
Private Cloud
Hybrid Cloud
On the basis of deployment model, firewall as a service (Fwaas) market has been segmented into public cloud, private cloud, and hybrid cloud.

Organization size
Small and Medium-Sized Enterprises
Large Enterprises
On the basis of organization size, firewall as a service (Fwaas) market has been segmented into small and medium-sized enterprises, large enterprises.

Banking, Financial Services, and Insurance (BFSI)
Energy and Utilities
Government and Public Sector
Healthcare and Life Sciences
Retail and E-Commerce
Telecommunication, and IT
Firewall as a service (Fwaas) has also been segmented on the basis of vertical into banking, financial services, and insurance (BFSI), education, energy and utilities, government and public sector, healthcare and life sciences, manufacturing, retail and E-commerce, telecommunication, and IT, and others.


Management Software/Tools
Based on product, firewall as a service (Fwaas) market has been segmented into firewalls, and management software/tools. Firewalls have been further segmented into proxy servers, stateful inspection firewall, unified threat management (UTM), and next-generation firewall (NGFW). Management software/tools have been further segmented into auditing and compliance, cloud security, connectivity management, automation, backup and recovery.

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Firewall as a Service (FWAAS) Market Regional Analysis/Insights

The firewall as a service (FWAAS) market is analysed and market size insights and trends are provided by country, service type, service model, deployment model, organization size, vertical, and product as referenced above.

The countries covered in the firewall as a service (FWAAS) market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the market due to the rising number of initiatives by government as well as private organizations for digital transformation along with adoption of cloud services while Asia-Pacific region will expect to grow in the forecast period of 2022-2029 due to the increasing advancement in technology along with rising need to prevent cybercrimes.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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