In a recently published report, Enterprise Network Firewall Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Enterprise Network Firewall Market products.
Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10078190
Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
The Enterprise Network Firewall Market is continuously growing across the world over the coming years. Enterprise network firewall is an integrated network choke point that prohibits potentially vulnerable services from entering or leaving the network, prevents unauthorized users out of the protected network, and provides protection from various kinds of IP spoofing and routing attacks. Based on requirements, enterprise network firewalls are available with managed, expandable and also various reporting features. Enterprise network firewalls are available for virtualized servers as well as public cloud. Rising expenditure on improving network security across enterprise environments, growing business applications and rising changes in the network security characteristics are the substantial drivers of the market across the globe.
In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.
As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.
Moreover, shifting concentration towards developing effective security approach which aims on identifying, regulating and safely enabling applications and rising attacks through internet is the major factor likely to create numerous opportunity in the near future. However, slow rate of new technologies adoption and growing inclination for unified threat management are the factors which limiting the market growth of Enterprise Network Firewall during the forecast period.
The regional analysis of Global Enterprise Network Firewall Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to rising technological enhancements, developed IT infrastructure and growing cloud storage industry in the region. Europe is estimated the second largest share in the global Enterprise Network Firewall market across the globe. Asia-Pacific is also anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025.
The major market player included in this report are:*Palo Alto Networks Inc.
*Check Point Software Technologies Ltd.
*Juniper Networks Inc.
*Huawei Technologies Co. Ltd.
*WatchGuard Technologies Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Next Generation Firewall(NGFW)
Hardware, Software, Services
By Deployment Mode:
By Regions: North America
Rest of the World
Request To Download Free Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10078190
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Enterprise Network Firewall Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers
TABLE OF CONTENTS
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Key Trends
1.3. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
1.3.1. Enterprise Network Firewall Market, by Type, 2015-2025 (USD Billion)
1.3.2. Enterprise Network Firewall Market, by Component, 2015-2025 (USD Billion)
1.3.3. Enterprise Network Firewall Market, by Deployment Mode, 2015-2025 (USD Billion)
1.3.4. Enterprise Network Firewall Market, by Region, 2015-2025 (USD Billion)
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Enterprise Network Firewall Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Enterprise Network Firewall Market Dynamics
3.1. See Saw Analysis
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Enterprise Network Firewall Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Buyers
4.1.2. Bargaining Power of Suppliers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.2. PEST Analysis
4.2.1. Political Scenario
4.2.2. Economic Scenario
4.2.3. Social Scenario
4.2.4. Technological Scenario
4.3. Value Chain Analysis
4.3.2. Manufacturers/Service Provider
4.4. Key Buying Criteria
4.5. Regulatory Framework
4.6. Cost Structure Analysis
4.6.1. Raw Material Cost Analysis
4.6.2. Manufacturing Cost Analysis
4.6.3. Labour Cost Analysis
4.7. Investment Vs Adoption Scenario
4.8. Analyst Recommendation & Conclusion
Chapter 5. Enterprise Network Firewall Market, by Type
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Key Market Players
5.4. Enterprise Network Firewall Market, Sub Segment Analysis
5.4.1. Conventional Firewall
126.96.36.199. Market estimates & forecasts, 2015-2025 (USD Billion)
188.8.131.52. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.2. Next Generation Firewall (NGFW)
184.108.40.206. Market estimates & forecasts, 2015-2025 (USD Billion)
220.127.116.11. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.4.3. Application Firewall
18.104.22.168. Market estimates & forecasts, 2015-2025 (USD Billion)
22.214.171.124. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Phone: +1 313 462 0609