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Global Enterprise Firewall Market: Asia Pacific to dominate global enterprise firewall market in terms of revenue during the forecast period

Global Enterprise Firewall Market: Firewall is the network security system which controls the network traffic incoming and outgoing according to the set of defined rules. Enterprise firewall solutions are essential to protect organizations from potential cyber threats. Firewall acts as a middle layer between trusted and untrusted networks and filters the network traffic based on the predefined firewall policy. Enterprise firewalls are used for a group of devices within an enterprise. In terms of technology, the enterprise network firewall market is a continuous evolving market coupled with expanding level of vulnerability and changing communication technology.

Increasing external and internal cyber threats is a key driving factor for enterprise firewall market growth. Other major growth driving factors include cloud computing, low market penetration in small and medium organizations and increase in workforce mobility. Additionally, multiple functionalities and benefits of Next Generation Firewall (NGFW) systems such as centralized data management, user identification, web & deep packet filtering, enhanced IPS solutions and application control is further expected to drive the enterprise firewall market. Rising inclination towards the use of Software-as-a- services (SaaS) which is cost effective is another factor supporting growth of the global enterprise firewall market.

However, budgetary constraints, slow rate of adaptation to new technologies and high preference for unified threat management (UTM) from small and medium enterprises are the factors identified as restraints likely to hinder growth of the global enterprise firewall market.

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The global enterprise firewall market segmented on the basis of firewall type, services, deployment method, organization size, industry verticals, and region.

North America is expected to dominate the enterprise firewall market, due to high preference for business security and continuous adoption for high performing network security solution. In terms of revenue, Asia Pacific is identified as the fastest growing enterprise network firewall market, due to expanding enterprise networks and increasing security challenges in the region.

Key players in the global enterprise firewall market include Palo Alto, Imperva, Sophos, Zoho Corp, CheckPoint technologies, Dell, Cisco, Microsoft, McAfee and Juniper Networks.      

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