Technavio has been monitoring the network security firewall market and it is poised to grow by $ 2.17 bn during 2020-2024, progressing at a CAGR of about 12% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Network Security Firewall Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Palo Alto Networks Inc., and SAP SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Next-generation network security solutions have been instrumental in driving the growth of the market. However, shortage of skilled workforce will challenge the market growth.
Network Security Firewall Market 2020-2024 : Segmentation
Network Security Firewall Market is segmented as below:
- Geographic Landscape
- North America
- South America
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Network Security Firewall Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our network security firewall market report covers the following areas:
- Network Security Firewall Market size
- Network Security Firewall Market trends
- Network Security Firewall Market industry analysis
This study identifies the growing demand for SMS Firewalls as one of the prime reasons driving the network security firewall market growth during the next few years.
Network Security Firewall Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the network security firewall market, including some of the vendors such as Check Point Software Technologies Ltd., Cisco Systems Inc., Dell Technologies Inc., Fortinet Inc., Hewlett Packard Enterprise Co., Huawei Investment & Holding Co. Ltd., International Business Machines Corp., Juniper Networks Inc., Palo Alto Networks Inc., and SAP SE. Backed with competitive intelligence and benchmarking, our research reports on the network security firewall market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Network Security Firewall Market 2020-2024 : Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist network security firewall market growth during the next five years
- Estimation of the network security firewall market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the network security firewall market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of network security firewall market vendors
Table Of Contents :
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Value chain analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
- Market Outlook
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY DEPLOYMENT
- Market segmentation by deployment
- Comparison by deployment
- On-premises - Market size and forecast 2019-2024
- Cloud-based - Market size and forecast 2019-2024
- Market opportunity by deployment
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Emergence of product launches
- Strategic partnerships and acquisitions among vendors
- Growing demand for SMS firewalls
PART 12: VENDOR LANDSCAPE
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Check Point Software Technologies Ltd.
- Cisco Systems, Inc.
- Dell Technologies Inc.
- Fortinet Inc.
- Hewlett Packard Enterprise Co.
- Huawei Investment & Holding Co. Ltd.
- International Business Machines Corp.
- Juniper Networks Inc.
- Palo Alto Networks Inc.
- SAP SE
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.