세계의 네트워크 보안 방화벽 시장 : 현황 분석과 예측(2024-2032년)

A network security firewall is a system designed to monitor and control incoming and outgoing network traffic based on predetermined security rules. A firewall acts as a barrier between a trusted internal network (like a private home or company network) and an untrusted external network (like the Internet). Its primary function is to allow or block specific traffic based on a set of configurable rules and policies. By filtering traffic at this entry point, the firewall helps protect the internal network from unauthorized access, malware, and other potential threats originating from external sources.

The Network Security Firewall Market is expected to grow at a strong CAGR of around 18.56% owing to the increased demand for network security and privacy. In the digital age of today, cybersecurity has become a paramount concern for organizations across all industries. As cyber threats continue to escalate in sophistication and frequency, the demand for robust security measures, particularly network security firewalls, has skyrocketed. These firewalls act as the first line of defense against malicious traffic, unauthorized access, and potential data breaches, making them an indispensable component of any comprehensive cybersecurity strategy. Furthermore, the proliferation of cyber threats, such as malware, ransomware, distributed denial-of-service (DDoS) attacks, and advanced persistent threats (APTs), has necessitated the implementation of stronger security measures. For instance, according to the 2022 Cyberthreat Defense Report by Cisco, 86% of organizations experienced at least one successful cyberattack in 2021, highlighting the urgent need for robust firewalls to protect networks and data. Furthermore, the rapid adoption of cloud computing and the rise of remote work due to the COVID-19 pandemic have expanded the attack surface for organizations. With employees accessing corporate resources from various locations and devices, firewalls have become essential for securing these distributed networks and preventing unauthorized access. Additionally, with digital transformation and evolving business models, businesses adopting new technologies, such as cloud computing, mobile applications, and e-commerce platforms, the need for robust network security measures increases. Firewalls play a crucial role in securing these emerging business models and protecting sensitive data and transactions, further making it a crucial component for any organization to function securely.

Based on the component, the market is bifurcated into solutions and services. The solutions segment generates the majority portion of revenue for network security firewall vendors. This dominance is attributed to the increasing cyber security threats and data breaches. Organizations are continuously facing sophisticated cyber attacks, such as distributed denial-of-service (DDoS) attacks, malware infections, and advanced persistent threats (APTs). Firewall solutions are essential in providing robust network security. Furthermore, enterprises require tailored firewall solutions that seamlessly integrate with their existing infrastructure. This demand for customized solutions and close integration drives solution segment revenue. Additionally, modern firewall solutions offer advanced security features beyond basic packet filtering and stateful inspection. These features include deep packet inspection, intrusion prevention systems (IPS), virtual private network (VPN) support, and integration with other security solutions like antivirus and web filtering. These advanced capabilities provide comprehensive network security and drive the demand for firewall solutions.

Based on the type, the market is segmented into packet filtering, state full packet inspection, next-generation firewall, and unified threat management. Stateful packet inspection firewalls are the most popular and widely adopted. This segment dominates due to several factors that provide robust security and efficient network traffic management. Stateful inspection firewalls offer a higher level of security compared to traditional packet filtering firewalls. They not only inspect header information but also analyze the entire content of data packets, including the payload. Furthermore, One of the fundamental strengths of stateful firewalls is their ability to monitor and maintain the state of active network connections. Additionally, unlike stateless packet filtering firewalls that rely solely on predefined rulesets, stateful inspection firewalls dynamically adapt their filtering based on the context of each connection. This dynamic filtering approach provides a more granular level of control and enhances the overall security posture of the network. Factors such as these have made stateful packet inspection an indispensable component of any comprehensive cybersecurity strategy.

Based on deployment, the market is segmented into on-premise, cloud, and network function virtualization. On-premise firewalls have been a traditional choice for organizations with complete control over their network security infrastructure. This deployment method involves installing and maintaining physical firewall appliances within the organization's premises. Furthermore, many organizations have already invested significantly in their on-premise IT infrastructure, including hardware, software, and human resources. Deploying an on-premise firewall leverages these existing investments, reducing the need for additional capital expenditures and minimizing disruptions to established workflows and processes. Additionally, with on-premise firewalls, organizations are not dependent on internet connectivity for their security operations. This eliminates concerns over latency and potential disruptions caused by internet outages or service provider issues, ensuring continuous protection for critical applications and data.

Based on end-user, the market is segmented into IT & telecommunication, BFSI, academia, aerospace and defense, government organizations, and public & private corporations. The Banking, Financial Services, and Insurance (BFSI) sector is the major end-user for network security firewalls in the global market. The BFSI industry is subject to strict regulations and compliance requirements to safeguard sensitive financial data and transactions. Firewalls play a crucial role in meeting these regulatory standards. Furthermore, financial institutions handle vast amounts of sensitive data and monetary transactions, making them attractive targets for cybercriminals. Network firewalls act as the first line of defense against various cyber threats. Moreover, The BFSI sector is considered critical infrastructure, and any disruption or breach can have severe consequences for the economy and public trust. Network firewalls help protect this critical infrastructure by controlling and monitoring network traffic. Additionally, the BFSI industry is undergoing rapid digital transformation, with the adoption of online banking, mobile applications, and cloud-based services. As these digital channels expand, the attack surface also increases, necessitating robust network security. Factors such as these have made the BFSI industry a major end-user segment for the network security firewall.

For a better understanding of the market adoption of Network Security Firewall, the market is analyzed based on its worldwide presence in countries such as North America (The U.S., Canada, and the Rest of North America), Europe (Germany, The U.K., France, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Rest of Asia-Pacific), Rest of World. Network security firewalls play a crucial role in safeguarding digital assets and sensitive information from cyber threats. North America emerges as the largest market for network security firewalls. This dominance can be attributed to technological advancement. North America, particularly the United States, is a hub for technological innovation and cutting-edge cybersecurity solutions. Furthermore, North America boasts a robust economy with a significant number of large enterprises and businesses across various industries. These organizations have substantial IT budgets allocated for cybersecurity, including investment in network security firewalls to mitigate risks effectively. Moreover, the United States, with one of the largest digital populations globally, witnesses a significant number of cyber attacks annually. As per a survey conducted in 2021, approximately 60 percent of online users in the country encountered some form of cyber attack, placing it as the third-highest country in terms of cybercrime prevalence. In the latest reported year, incidents of data violation affected approximately 294 million internet users in the United States. Among the various types of cyber attacks, network intrusion emerged as the most prevalent across the nation, motivating the government to increase investments in cyber security strategy, benefitting the network security firewall. For instance, In FY 2024, DHS allocated over USD 3 billion to cybersecurity, making it the top-funded agency among CFO act government agencies, excluding DoD. Overall cybersecurity expenditure in the US was increased in 2023, with total agency funding estimated at USD 10.46 billion.

Some of the major players operating in the market include Sinch; AMD Telecom; Orange; SAP; Sophos Ltd.; Tata Communications; Telecom Italia Sparkle S.p.A; Twilio Inc.; Route Mobile; and Nokia.

TABLE OF CONTENTS

1.MARKET INTRODUCTION

• 1.1. Market Definitions
• 1.2. Main Objective
• 1.3. Stakeholders
• 1.4. Limitation

2.RESEARCH METHODOLOGY OR ASSUMPTION

• 2.1. Research Process of the Network Security Firewall Market
• 2.2. Research Methodology of the Network Security Firewall Market
• 2.3. Respondent Profile

3.MARKET SYNOPSIS

4.EXECUTIVE SUMMARY

5.IMPACT OF COVID-19 ON THE NETWORK SECURITY FIREWALL MARKET

6.NETWORK SECURITY FIREWALL MARKET REVENUE (USD BN), 2022-2032F.

7.MARKET INSIGHTS BY COMPONENT

• 7.1. Solution
• 7.2. Services

8.MARKET INSIGHTS BY TYPE

• 8.1. Packet Filtering
• 8.2. State Full Packet Inspection
• 8.3. Next-Generation Firewall
• 8.4. Unified Threat Management

9.MARKET INSIGHTS BY DEPLOYMENT

• 9.1. On-Premise
• 9.2. Cloud
• 9.3. Network Function Virtualization

10.MARKET INSIGHTS BY END-USER

• 10.1. IT & Telecommunication
• 10.2. BFSI
• 10.3. Academia
• 10.4. Aerospace & Defence
• 10.5. Government Organization
• 10.6. Public & Private Corporations

11.MARKET INSIGHTS BY REGION

• 11.1. North America
  • 11.1.1. The U.S.
  • 11.1.2. Canada
  • 11.1.3. Rest of North America
• 11.2. Europe
  • 11.2.1. Germany
  • 11.2.2. The U.K.
  • 11.2.3. France
  • 11.2.4. Italy
  • 11.2.5. Rest of Europe
• 11.3. Asia-Pacific
  • 11.3.1. China
  • 11.3.2. India
  • 11.3.3. Japan
  • 11.3.4. South Korea
  • 11.3.5. Rest of Asia-Pacific
• 11.4. Rest of the World

12.NETWORK SECURITY FIREWALL MARKET DYNAMICS

• 12.1. Market Drivers
• 12.2. Market Challenges
• 12.3. Impact Analysis

13.NETWORK SECURITY FIREWALL MARKET OPPORTUNITIES

14.NETWORK SECURITY FIREWALL MARKET TRENDS

15.DEMAND AND SUPPLY-SIDE ANALYSIS

• 15.1. Demand Side Analysis
• 15.2. Supply Side Analysis

16.VALUE CHAIN ANALYSIS

17.COMPETITIVE SCENARIO

• 17.1. Competitive Landscape
  • 17.1.1. Porters Five Forces Analysis

18.COMPANY PROFILED

• 18.1. Sinch
• 18.2. AMD Telecom
• 18.3. Orange
• 18.4. SAP
• 18.5. Sophos Ltd.
• 18.6. Tata Communications
• 18.7. Telecom Italia Sparkle S.p.A
• 18.8. Twilio Inc.
• 18.9. Route Mobile
• 18.10. Nokia

19.DISCLAIMER