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Firewall-As-A-Service Global Market Report 2022: Ukraine-Russia War Impact

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    Report

  • 175 Pages
  • December 2022
  • Region: Global
  • The Business Research Company
  • ID: 5709794
Major players in the firewall-as-a-service market are Barracuda Networks Inc., Cisco Syatems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc., Check Point Software Technologies Inc., Palo Alto Networks, WatchGuard, Microsoft Corporation, SonicWall, Sophos group Plc., and Zscaler.

The global firewall as a service market is expected to grow from $1.83 billion in 2021 to $2.34 billion in 2022 at a compound annual growth rate (CAGR) of 27.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The firewall as a service market is expected to reach $6.03 billion in 2026 at a CAGR of 26.7%.

The Firewall as a service (FWaaS) market consists of revenues earned by entities by providing FWaaS such as providing next-generation firewall (NGFW) capabilities like web filtering, advanced threat protection (ATP), intrusion prevention system (IPS), and Domain Name System (DNS) security. The market value includes the value of related goods sold by the service provider or included within the service offering. The FwaaS service market also includes stateful firewall features such as packet filtering, network monitoring, Internet Protocol security (IPsec), secure sockets layer virtual private network (SSL VPN) support, and Internet Protocol (IP) mapping features. FWaaS also has deeper content inspection capabilities that include the ability to identify malware attacks and other threats. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The FWaaS is segmented into service, deployment, and industry vertical.

Firewall as a service (FWaaS) is a firewall solution delivered as a cloud-based service that allows companies to simplify IT infrastructure. Firewall as a Service filters network traffic to safeguard organizations from both inside and outside threats.

North America was the largest region in the firewall as a service market in 2021. The regions covered in the firewall-as-a-service market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The market value is defined as the revenues that enterprises gain from goods and/or services sold within the specified market and geography through sales, grants, or donations in terms of currency (in USD ($) unless otherwise specified).

The revenues for a specified geography are consumption values - that is, they are revenues generated by organizations in the specified geography within the specified market, irrespective of where they are produced. It does not include revenues from resales either further along the supply chain or as part of other products.

The main service types of firewalls as a service are traffic monitoring and control, compliance and audit management, reporting and log management, automation and orchestration, and security management. Traffic monitoring and control reports, alert, and provides vital information. Firewall services use this for web-traffic details, security attacks, VPN log-on and log-off trends, and firewall rule changes. The services are deployed in private and hybrid deployment by large enterprises, small and medium enterprises, and used for banking, financial services, and insurance, it and telecom, manufacturing, travel and hospitality, healthcare, energy and utilities, retail and consumer goods, and other verticals.

The increase in the number of fraud cases and cyber-attacks is expected to propel the growth of the firewall as a service market going forward. A cyberattack is a malicious and deliberate attempt by an individual or organization to breach the information system of another individual or organization. Cybercrime has increased every year as people try to benefit from vulnerable business systems. The visibility and traffic filtering that a firewall provides enable an organization to identify and block a large percentage of malicious traffic before it enters the network perimeter and can provide defense in depth. For instance, according to an article published by Forbes, a US-based business magazine, the average number of cyberattacks and data breaches worldwide increased by 15.1% in 2020. Furthermore, according to a statistical report published by Packetlabs, a Canadian-based penetration testing company, in 2021 cybercrime costs the world $6 trillion and by 2025 this figure would climb to $10.5 trillion. Therefore, an increase in the number of fraud cases and cyber-attacks will drive the growth of the market.

Advancements in cloud-based firewall services have emerged as a key trend gaining popularity in the firewall as a service market. A cloud firewall protects cloud infrastructure from attacks, just as a traditional firewall protects on-premise networks. Major companies operating in the firewall as a service market are focused on developing new technological solutions to strengthen their position. For instance, in march 2022, Palo Alto, a US-based cybersecurity company launches a cloud-native firewall service for AWS (Amazon Web Services). It would be a managed Next-Generation Firewall (NGFW) service designed to simplify securing AWS deployments, enabling organizations to speed their pace of innovation while remaining highly secured.

In May 2021, Arayaka, a US-based wide-area software-defined network connectivity, and application delivery company acquired Secucloud GmbH for an undisclosed amount. With this acquisition, Arayaka would be able to deliver on the promise of a managed SASE (SECURE ACCESS SERVICE EDGE) offering, while providing customers and partners with greater choice for the type of solution they would position for different deployment of use-cases. Secucloud GmbH is a Germany-based company working on security technology and provides cloud-based firewall-as-a-service.

The countries covered in the firewall-as-a-service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The firewalls as a service market research report are one of a series of new reports that provides firewalls as a service market statistic, including firewalls as a service industry global market size, regional shares, competitors with firewalls as a service market share, detailed firewalls as a service market segments, market trends, and opportunities, and any further data you may need to thrive in the firewalls as a service industry. This firewalls as a service market research report deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.



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Frequently Asked Questions about the Global Firewall As A Service Market

What is the estimated value of the Global Firewall As A Service Market?

The Global Firewall As A Service Market was estimated to be valued at $2.34 billion in 2022.

What is the growth rate of the Global Firewall As A Service Market?

The growth rate of the Global Firewall As A Service Market is 26.7%, with an estimated value of $6.03 billion by 2026.

What is the forecasted size of the Global Firewall As A Service Market?

The Global Firewall As A Service Market is estimated to be worth $6.03 billion by 2026.

Who are the key companies in the Global Firewall As A Service Market?

Key companies in the Global Firewall As A Service Market include Barracuda Networks Inc., Cisco Syatems Inc., Juniper Networks Inc., Cato Networks, Forcepoint, Fortinet Inc., Check Point Software Technologies Inc., Palo Alto Networks and Microsoft Corporation.

Table of Contents

1. Executive Summary2. Firewall-As-A-Service Market Characteristics3. Firewall-As-A-Service Market Trends And Strategies
4. Firewall-As-A-Service Market - Macro Economic Scenario
4.1. COVID-19 Impact On Firewall-As-A-Service Market
4.2. Ukraine-Russia War Impact On Firewall-As-A-Service Market
4.3. Impact Of High Inflation On Firewall-As-A-Service Market
5. Firewall-As-A-Service Market Size And Growth
5.1. Global Firewall-As-A-Service Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Firewall-As-A-Service Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Firewall-As-A-Service Market Segmentation
6.1. Global Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Traffic Monitoring and Control
  • Compliance and Audit Management
  • Reporting and Log Management
  • Automation and Orchestration
  • Security Management
6.2. Global Firewall-As-A-Service Market, Segmentation By Deployment, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Private
  • Public
  • Hybrid
6.3. Global Firewall-As-A-Service Market, Segmentation By Enterprise Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Large Enterprise
  • Small and Medium Enterprises
6.4. Global Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Banking, Financial Services and Insurance
  • IT and Telecom
  • Manufacturing
  • Travel and Hospitality
  • Healthcare
  • Energy and Utilities
  • Retail and Consumer goods
  • Other Verticals
7. Firewall-As-A-Service Market Regional And Country Analysis
7.1. Global Firewall-As-A-Service Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Firewall-As-A-Service Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8. Asia-Pacific Firewall-As-A-Service Market
8.1. Asia-Pacific Firewall-As-A-Service Market Overview
  • Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
8.3. Asia-Pacific Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
9. China Firewall-As-A-Service Market
9.1. China Firewall-As-A-Service Market Overview
9.2. China Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
9.3. China Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion
10. India Firewall-As-A-Service Market
10.1. India Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
10.2. India Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11. Japan Firewall-As-A-Service Market
11.1. Japan Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
11.2. Japan Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12. Australia Firewall-As-A-Service Market
12.1. Australia Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
12.2. Australia Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13. Indonesia Firewall-As-A-Service Market
13.1. Indonesia Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
13.2. Indonesia Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14. South Korea Firewall-As-A-Service Market
14.1. South Korea Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
14.2. South Korea Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15. Western Europe Firewall-As-A-Service Market
15.1. Western Europe Firewall-As-A-Service Market Overview
15.2. Western Europe Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
15.3. Western Europe Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16. UK Firewall-As-A-Service Market
16.1. UK Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
16.2. UK Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17. Germany Firewall-As-A-Service Market
17.1. Germany Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
17.2. Germany Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18. France Firewall-As-A-Service Market
18.1. France Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
18.2. France Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19. Eastern Europe Firewall-As-A-Service Market
19.1. Eastern Europe Firewall-As-A-Service Market Overview
19.2. Eastern Europe Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
19.3. Eastern Europe Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20. Russia Firewall-As-A-Service Market
20.1. Russia Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
20.2. Russia Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21. North America Firewall-As-A-Service Market
21.1. North America Firewall-As-A-Service Market Overview
21.2. North America Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
21.3. North America Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22. USA Firewall-As-A-Service Market
22.1. USA Firewall-As-A-Service Market Overview
22.2. USA Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
22.3. USA Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23. South America Firewall-As-A-Service Market
23.1. South America Firewall-As-A-Service Market Overview
23.2. South America Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
23.3. South America Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24. Brazil Firewall-As-A-Service Market
24.1. Brazil Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
24.2. Brazil Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25. Middle East Firewall-As-A-Service Market
25.1. Middle East Firewall-As-A-Service Market Overview
25.2. Middle East Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
25.3. Middle East Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26. Africa Firewall-As-A-Service Market
26.1. Africa Firewall-As-A-Service Market Overview
26.2. Africa Firewall-As-A-Service Market, Segmentation By Service Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
26.3. Africa Firewall-As-A-Service Market, Segmentation By Vertical, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
27. Firewall-As-A-Service Market Competitive Landscape And Company Profiles
27.1. Firewall-As-A-Service Market Competitive Landscape
27.2. Firewall-As-A-Service Market Company Profiles
27.2.1. Barracuda Networks Inc.
27.2.1.1. Overview
27.2.1.2. Products and Services
27.2.1.3. Strategy
27.2.1.4. Financial Performance
27.2.2. Cisco Syatems Inc.
27.2.2.1. Overview
27.2.2.2. Products and Services
27.2.2.3. Strategy
27.2.2.4. Financial Performance
27.2.3. Juniper Networks Inc.
27.2.3.1. Overview
27.2.3.2. Products and Services
27.2.3.3. Strategy
27.2.3.4. Financial Performance
27.2.4. Cato Networks
27.2.4.1. Overview
27.2.4.2. Products and Services
27.2.4.3. Strategy
27.2.4.4. Financial Performance
27.2.5. Forcepoint
27.2.5.1. Overview
27.2.5.2. Products and Services
27.2.5.3. Strategy
27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Firewall-As-A-Service Market29. Firewall-As-A-Service Market Future Outlook and Potential Analysis
30. Appendix
30.1. Abbreviations
30.2. Currencies
30.3. Historic And Forecast Inflation Rates
30.4. Research Inquiries
30.5. The Business Research Company
30.6. Copyright And Disclaimer

Executive Summary

Firewall-As-A-Service Global Market Report 2022: Ukraine-Russia War Impact provides the strategists, marketers and senior management with the critical information they need to assess the global firewall-as-a-service market.

This report focuses on firewall-as-a-service market which is experiencing strong growth. The report gives a guide to the firewall-as-a-service market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
  • Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
  • Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
  • Impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis

Description:

Where is the largest and fastest growing market for the firewall-as-a-service? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Firewall-As-A-Service market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider firewall-as-a-service market, and compares it with other markets.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
Our forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of covid 19 on supply chains and consumption patterns.
  • Market segmentations break down market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
  • The firewall-as-a-service market section of the report gives context. It compares the firewall-as-a-service market with other segments of the firewall-as-a-service market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, firewall-as-a-service indicators comparison.

Scope

Markets Covered:

1) By Service Type: Traffic Monitoring and Control; Compliance and Audit Management; Reporting and Log Management; Automation and Orchestration; Security Management
2) By Deployment: Private; Hybrid
3) By Enterprise Size: Large Enterprise; Small and Medium Enterprises
4) By Vertical: Banking, Financial Services and Insurance; IT and Telecom; Manufacturing; Travel and Hospitality; Healthcare; Energy and Utilities; Retail and Consumer goods; Other Verticals

Companies Mentioned: Barracuda Networks Inc.; Cisco Syatems Inc.; Juniper Networks Inc.; Cato Networks; Forcepoint

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Barracuda Networks Inc.
  • Cisco Syatems Inc.
  • Juniper Networks Inc.
  • Cato Networks
  • Forcepoint
  • Fortinet Inc.
  • Check Point Software Technologies Inc.
  • Palo Alto Networks
  • WatchGuard
  • Microsoft Corporation
  • SonicWall
  • Sophos group Plc.
  • Zscaler.

Methodology

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