Enterprise Firewall Market worth $8.41 Billion by 2019 - New Report by MarketsandMarkets
(PRWEB) October 01, 2014 -- The report “Enterprise Firewall Market by Types (Next Generation, Application, Conventional), by Appliances, & by Professional Services - Worldwide Forecasts and Analysis (2014 - 2019)” segments the global market into firewall types, appliances and professional services, organization size, deployment models, along with in-depth analysis and revenue forecasts. It also identifies the drivers, restraints, and opportunities prevalent in the market and provides burning issues along with premium insights for the market.
Browse 76 market data tables and 44 figures spread through 141 Pages and in-depth TOC on “Enterprise Firewall Market by Types (Next Generation, Application, Conventional), by Appliances, & by Professional Services - Worldwide Forecasts and Analysis (2014 - 2019)”
http://www.marketsandmarkets.com/Market-Reports/enterprise-firewall-market-61339096.html
Early buyers will receive 10% customization on this report.
Speak to Analyst http://www.marketsandmarkets.com/speaktoanalyst.asp?id=61339096
With the growing trends such as Bring Your Own Device (BYOD), mobility, and cloud computing, many enterprises are focusing on various areas of their IT infrastructure which needs to be secured as network security is always a priority for organizations. To improve their existing network security solutions, enterprises have begun to evaluate their firewall technology. Enterprises are replacing their traditional firewall with the Next Generation Firewall (NGFW), which has gained significant traction since some time. NGFW is highly adopted in large enterprises as it fulfills the demand of easy operation in complex networks. However, the major challenge for this device remains to be the constant increase in the number of web applications affecting the policy configuration of firewall setup.
The major forces that have fueled the growth in this market are strict regulations and compliances from government, increase in external and internal threats, cloud computing, and increase in workforce mobility. Also, lack of awareness about security solutions across emerging economies along with the competition of firewall from UTM devices are acting as a hurdle in the growth of the market. Furthermore, penetration in SMB’s with cost-effective firewall solutions is the opportunity for big vendors in the market. The market remains to be competitive with the entry of niche players. These players provide innovative integrated software and tools thereby increasing their market bargain capability among the large vendors.
The report also segments the market by sub-verticals (Government and public utilities, BFSI, healthcare, telecommunication, manufacturing, education, retail, media and entertainment, and others) and by regions (North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America). The detailed analysis of the key industry players have been done to provide the insight on their product and services, strategy, and recent developments associated with enterprise firewall market.
MarketsandMarkets forecasts that the global enterprise firewall market is expected to grow from $6.14 billion in 2014to $8.41 billion by 2019. This represents an estimated Compound Annual Growth Rate (CAGR) of 6.49% from 2014 to 2019. In the current scenario, North America is expected to be the largest market on the basis of spending and adoption of firewall solutions and services.
For more Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=61339096
Browse Related Reports
Cyber Security Market (IAM, Encryption, DLP, Risk and Compliance Management, IDS/IPS, UTM, Firewall, Antivirus/Antimalware, SVM/SIEM, Disaster Recovery, DDoS Mitigation, Web Filtering, Security Services) - Global Advancements, Forecasts & Analysis (2014-2019)
http://www.marketsandmarkets.com/Market-Reports/cyber-security-market-505.html
Middle East Cyber Security Market by Technologies (IAM, DLP, UTM, IDS/IPS, Firewall, Risk & Compliance Management, Antivirus, SVM/SIEM, Disaster Recovery, DDOS Mitigation, Encryption, Web Filtering) & by Services - Market Forecasts and Analysis (2014-2019)
http://www.marketsandmarkets.com/Market-Reports/middle-east-cyber-security-market-121119697.html
About MarketsandMarkets
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Tel: +1-888-600-6441
Email: sales(at)marketsandmarkets(dot)com
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/telecom-it
Telecom and IT Market Research Reports @ http://www.marketsandmarkets.com/telecom-and-IT-market-research-113.html
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Mr. Rohan, MarketsandMarkets, http://www.marketsandmarkets.com/, +91 9881155004, [email protected]
Share this article