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NETWORK SECURITY FIREWALL MARKET ANALYSIS

Network Security Firewall Market, by Solutions (SMS Firewall, Signalling Firewall, and Others), by Services (Professional and Managed), by Deployment (On-premises, Cloud-based, and NVF), and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

Market Challenges And Opportunities

Increasing adoption of cloud technology is one of the key factors for growth of market. According to Coherent Market Insights’ analysis, in 2016, 58% of the workloads were already shifted to cloud data centers, globally. Organizations have to secure their data as it available virtually. The data is more secure in in-house data centres rather than on a virtual cloud networks. Therefore, data security is the one of the major restraining factor, while adopting cloud computing by organizations. Hence, cloud-based firewalls play an important role in securing the data, which is present on the cloud. The features delivered by cloud-based network security firewall are email security, web filtering, manage network traffic, and others. Hence, cloud-based segment is expected to exhibit positive growth over the forecasted period.

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