Enterprise Firewall Hardware Market is Expected to Reach USD 3.1 Billion by 2025

New York, USA, 2018-Aug-03 — /EPR Network/ —According to Goldstein Research, global enterprise firewall hardware market size is expected to reach USD 3.1 billion by 2025, expanding at a CAGR of 6.1% over the forecast period, 2017-2025. Significant adoption of firewall solutions by small and medium enterprises is pushing the growth of the market. After the recent Wanna Cry ransomware events, small businesses have realized the potential harm and legal consequences of an attack that led to the adoption of advanced network security technologies to prevent loss of data, breach of security and privacy. Global enterprise firewall hardware market segmentation has been done on the basis of product type, organization type, end-user and geography. Based on organization type, large enterprises accounted for the highest market share of 60% in 2017 and will continue to dominate the market during the forecast period.

Global Enterprise firewall hardware market is dominated by North America accounted for more than 35% market share. Asia Pacific is anticipated to be the fastest growing region for enterprise firewall hardware market, at a CAGR of +9% during the forecast period.

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Market Segmentation

On the basis of our in-depth analysis, Global Enterprise Firewall Hardware Market can be segmented as follows:

By Product Type

• On-Site Firewall Hardware
• Cloud-Based Firewall Hardware

By Organization Type

• Small and Medium-Sized Enterprises (SMEs)
• Large Enterprises

By End Users

• Public Sector
• BFSI Sector
• Manufacturing Sector
• Education Sector
• Retail and E-Commerce
• IT and ITEs

By region

• North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
• Global (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Asia Pacific (China, Japan, India, Singapore, South Korea, Global, New Zealand and Rest of Global) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
• Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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“Global Enterprise Firewall Hardware Market Outlook 2024” contains a detailed overview of the Global Enterprise firewall hardware market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, organization type and end-users.

Further, for the in-depth analysis, Global Enterprise Firewall Hardware Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This global market research report also includes competitive outlook of some of the major players profiling of companies such as Cisco Systems, Inc., Fortinet Inc., Juniper Networks Inc., Palo Alto Networks Inc., HP Inc., Huawei Technologies Co., Ltd., WatchGuard Technologies, Inc., AT&T Corporation, Check Point Software Technologies Ltd., etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.

Overall, the report represents the Global Enterprise firewall hardware market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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