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North America Enterprise Firewall Market Size, Share & Trends Analysis Report By Deployment Mode (On-premise, and Cloud), By Enterprise Size, By Component, By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 131 Pages
  • March 2025
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6064855
The North America Enterprise Firewall Market is expected to witness market growth of 7.0% CAGR during the forecast period (2024-2031).

The US market dominated the North America Enterprise Firewall Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $4.85 billion by 2031. The Canada market is experiencing a CAGR of 9.2% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 8.4% during 2024-2031.



An enterprise firewall is a network security system that protects large organizations (enterprises) from unauthorized access, cyberattacks, and data breaches. It functions as a security barrier between an internal corporate network and external networks (such as the Internet), regulating and monitoring incoming and outgoing network traffic in accordance with predetermined security protocols.

The growing prevalence of cyberattacks has made deploying robust firewall solutions an essential investment for enterprises across industries. Cybercriminals are leveraging artificial intelligence (AI) and machine learning (ML) to launch targeted attacks that can evade traditional security defenses. As a result, enterprises can no longer rely solely on basic firewalls that focus on perimeter security.

The North American market is one of the largest and most mature globally, driven by increasing cyber threats, stringent regulatory frameworks, and rapid digital transformation across industries. As businesses and government agencies in the region embrace cloud computing, remote work, IoT adoption, and 5G deployment, their attack surfaces have expanded, making robust network security an operational necessity rather than an option. In the United States, the finance and insurance sector accounted for 7.3 percent of the U.S. gross domestic product (GDP) in 2023, underscoring the critical role of cybersecurity in protecting financial institutions from cyber threats. Since attacks are increasingly focused on sensitive financial data, digital transactions, and consumer information, the financial industry remains a top target for cybercriminals. As a result, the demand for these firewall solutions has surged as businesses seek to fortify their network defenses against unauthorized access, data breaches, and cyber fraud. As cyber threats evolve, organizations across North America increasingly invest in scalable and AI-driven firewall solutions to ensure robust cybersecurity frameworks and maintain consumer trust in an increasingly digital economy. Thus, as digital transformation accelerates, North America's demand for scalable, flexible, intelligent firewall systems will rise further.

List of Key Companies Profiled

  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Arista Networks, Inc.
  • Hillstone Networks
  • SonicWall, Inc.
  • Fortinet, Inc.
  • Forcepoint LLC (Francisco Partners)
  • Trend Micro, Inc.
  • McAfee Corp.
  • Sophos Group PLC (Thoma Bravo)
  • Palo Alto Networks, Inc.

Market Report Segmentation

By Deployment Mode

  • On-premise
  • Cloud

By Enterprise Size

  • Large Enterprises
  • Small and Medium-sized Enterprises

By Component

  • Hardware
  • Software
  • Services

By Application

  • BFSI
  • IT & Telecom
  • Healthcare
  • Retail & E-Commerce
  • Government
  • Other Application

By Country

  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Enterprise Firewall Market, by Deployment Mode
1.4.2 North America Enterprise Firewall Market, by Enterprise Size
1.4.3 North America Enterprise Firewall Market, by Component
1.4.4 North America Enterprise Firewall Market, by Application
1.4.5 North America Enterprise Firewall Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Partnerships, Collaborations and Agreements
4.2.2 Product Launches and Product Expansions
4.2.3 Acquisition and Mergers
4.3 Market Share Analysis, 2023
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2020-2024)
4.4.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2021, Mar - 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. North America Enterprise Firewall Market by Deployment Mode
5.1 North America On-premise Market by Region
5.2 North America Cloud Market by Region
Chapter 6. North America Enterprise Firewall Market by Enterprise Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small and Medium-sized Enterprises Market by Country
Chapter 7. North America Enterprise Firewall Market by Component
7.1 North America Hardware Market by Country
7.2 North America Software Market by Country
7.3 North America Services Market by Country
Chapter 8. North America Enterprise Firewall Market by Application
8.1 North America BFSI Market by Country
8.2 North America IT & Telecom Market by Country
8.3 North America Healthcare Market by Country
8.4 North America Retail & E-Commerce Market by Country
8.5 North America Government Market by Country
8.6 North America Other Application Market by Country
Chapter 9. North America Enterprise Firewall Market by Country
9.1 US Enterprise Firewall Market
9.1.1 US Enterprise Firewall Market by Deployment Mode
9.1.2 US Enterprise Firewall Market by Enterprise Size
9.1.3 US Enterprise Firewall Market by Component
9.1.4 US Enterprise Firewall Market by Application
9.2 Canada Enterprise Firewall Market
9.2.1 Canada Enterprise Firewall Market by Deployment Mode
9.2.2 Canada Enterprise Firewall Market by Enterprise Size
9.2.3 Canada Enterprise Firewall Market by Component
9.2.4 Canada Enterprise Firewall Market by Application
9.3 Mexico Enterprise Firewall Market
9.3.1 Mexico Enterprise Firewall Market by Deployment Mode
9.3.2 Mexico Enterprise Firewall Market by Enterprise Size
9.3.3 Mexico Enterprise Firewall Market by Component
9.3.4 Mexico Enterprise Firewall Market by Application
9.4 Rest of North America Enterprise Firewall Market
9.4.1 Rest of North America Enterprise Firewall Market by Deployment Mode
9.4.2 Rest of North America Enterprise Firewall Market by Enterprise Size
9.4.3 Rest of North America Enterprise Firewall Market by Component
9.4.4 Rest of North America Enterprise Firewall Market by Application
Chapter 10. Company Profiles
10.1 Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expenses
10.1.5 Recent Strategies and Developments
10.1.5.1 Product Launches and Product Expansions
10.1.6 SWOT Analysis
10.2 Arista Networks, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent Strategies and Developments
10.2.5.1 Partnerships, Collaborations, and Agreements
10.2.6 SWOT Analysis
10.3 Hillstone Networks
10.3.1 Company Overview
10.3.2 Recent Strategies and Developments
10.3.2.1 Product Launches and Product Expansions
10.3.3 SWOT Analysis
10.4 SonicWall, Inc.
10.4.1 Company Overview
10.4.2 Recent Strategies and Developments
10.4.2.1 Acquisition and Mergers
10.4.3 SWOT Analysis
10.5 Fortinet, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent Strategies and Developments
10.5.5.1 Partnerships, Collaborations, and Agreements
10.5.5.2 Acquisition and Mergers
10.5.5.3 Geographical Expansions
10.6 Forcepoint LLC (Francisco Partners)
10.6.1 Company Overview
10.6.2 SWOT Analysis
10.7 Trend Micro, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental Analysis
10.7.4 Recent Strategies and Developments
10.7.4.1 Product Launches and Product Expansions
10.7.5 SWOT Analysis
10.8 McAfee Corp.
10.8.1 Company Overview
10.8.2 SWOT Analysis
10.9 Sophos Group PLC (Thoma Bravo)
10.9.1 Company Overview
10.9.2 Recent Strategies and Developments
10.9.2.1 Partnerships, Collaborations, and Agreements
10.9.2.2 Product Launches and Product Expansions
10.9.3 SWOT Analysis
10.10. Palo Alto Networks, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent Strategies and Developments
10.10.5.1 Partnerships, Collaborations, and Agreements
10.10.6 SWOT Analysis

Companies Mentioned

  • Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
  • Arista Networks, Inc.
  • Hillstone Networks
  • SonicWall, Inc.
  • Fortinet, Inc.
  • Forcepoint LLC (Francisco Partners)
  • Trend Micro, Inc.
  • McAfee Corp.
  • Sophos Group PLC (Thoma Bravo)
  • Palo Alto Networks, Inc.

Methodology

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