Enterprise Firewall Market Latest Growth, Trends, Analysis And Forecast by 2023

The growing demand for information security in enterprises is a major driver for the growth of the global enterprise firewall market. The increasing demand for cloud-based firewall solutions, due to their cost effectiveness and real time functionalities are expected to drive the growth of the global market. The growing numbers of small and medium sized organizations are expected to provide major growth opportunities for the global market. Enterprise firewall security solutions are gaining pace in organizations, as enterprises find it difficult to manage integrated or stand-alone network components for firewall deployment, due to the lack of resources and budget restraints associated with them.

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Enterprise firewall solutions are important part of any organization which protects them from cyber threats. Firewall solutions guard the critical information, which flows within organizations from external and internal threats. The enterprise firewalls are placed on the border of a network to impose a security policy, by denying or allowing certain network traffic. As protecting the database of any enterprise is important, database firewalls can stop a database attack instantly. The organizations need end-to-end web application and database security solution to protect their data, customer information, and ultimately their businesses. Usually, a database enterprise firewall is not able to gather information, such as client IP, user name, host name and browser. Firewalls can recognize if a particular SQL query is invalid, but it cannot recognize who made the malicious request.

Several firewall solutions, such as the Next Generation Firewall (NGFW) systems provide multiple functionalities including centralized data management, enhanced IPS solutions, centralized data management, user identification, web and deep packet filtering. These solutions are anticipated to drive the growth of the global enterprise firewall market. The high adaptation of new technologies, such as cloud computing and mobilization of work force have increased the demand for refined security solutions. The large amount of data generated by organizations need to be protected for authorization and threat of malicious attacks.

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Enterprises are looking for easily deployable and cost effective security solutions. The competition of firewall from unified threat management (UTM) devices, along with the lack of awareness about security solutions in developing economies is obstructing the growth of the global market. Unified threat management (a traditional firewall) has gained adhesion in SMBs, due to its incompetence of providing application awareness solutions and functions for large organizations. Barracuda Networks Inc., Fortinet Inc., Extreme Networks Inc., Juniper Networks Inc., HP Development Company L.P., Intel Corporation, Check Point Software Technologies Ltd., and Palo Alto Networks Inc., are some of the competitors in the global enterprise firewall market.

Global Enterprise Firewall Market Segmentation:

By Type of Deployment

  • Cloud-Based Deployment
  • Physical Deployment

By Organization Size

  • Small and Medium Sized Enterprises (SMBs)
  • Large Enterprises

By Industry vertical

  • Government & Public Utilities
  • Healthcare
  • Telecommunication
  • Education
  • Retail
  • Entertainment & Media
  • Manufacturing
  • Education
  • Banking Financial Services and Insurance (BFSI)

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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