The Network Security Firewall Market Size is expected to grow from $2.66 billion in 2017 to $ 4.80 billion by 2022, at a CAGR of 12.5%. Key players in the industry include Sym soft, Cell usys, Adaptive Mobile, Evolved Intelligence, Mobileum, Tata Communications, AMD Telecom S.A., Open mind Networks, ANAM Technologies, SAP, Omobio, and HPE.
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North America is expected to hold the largest market share in the network security firewall market during the forecast period. The primary reason behind this movement is the new non-stringent regulations of US telecom regulatory body, Federal Communications Commission (FCC).
1 Attractive Market Opportunities in the Network Security Firewall Market
2 Network Security Firewall Market: Market Share of the Services and Regions, 2017
3 Life Cycle Analysis, By Region, 2017
4 Network Security Firewall Market, By Component, 2017 vs 2022
5 Market Investment Scenario
The growing network security and privacy concerns, the increasing vulnerabilities in SS7, and the administrative regulations are some of the factors driving the network security firewall market.
Telecom organizations use network security firewall tools to dynamically extract traffic patterns from the packets transmitted as well as received at the network and continuously check the network behavior against malicious contents to report all the detected anomalies.
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Due to the growing momentum of interconnected devices, the risk of security breach has increased, as the fraudsters have found alternatives, such SMS spams and SMS frauds using grey routes to exploit personal information over the organization’s network.
2 North America
4 Asia Pacific
5 Middle East and Africa
6 Latin America
Real-time streaming analysis and filtering of SS7 vulnerabilities have been the major components of the network security firewall, and firewall developers are using fraud detection techniques to monitor the traffic behavior of the network.
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The network security firewall market has been segmented on the basis of components (solutions and services), deployments, and regions.
- The overall network security firewall market revenue stream has been estimated based on the revenues generated by vendors, offering firewall solutions and services to telecom operators, inclusive of deployment and integration, support and maintenance, and consulting services, offered by professional service providers, including Managed Service Providers (MSPs). The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.
- The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
- The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
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