Global Network Security Firewall Market: Industry Forecast to 2030
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Bharat Book Bureau Provides the Trending Market Research Report on “Global Network Security Firewall - By Product Type (Unified Threat Management and Next-generation Firewall); By Component (Solution and Services); By Solution Type (SMS Firewall, A2P Messaging, P2A Messaging, Signaling Firewall, SS7 Firewall, Diameter Firewall and Others); By Service Type (Professional Services and Managed Services); By Industry Size (Small & Medium Enterprises and Large Enterprises); By Deployment Mode (On-premises, Cloud and Network Function Virtualization); and Region - Analysis of Market Size, Shares & Trends for 2016-2019 and Forecasts to 2030” under Media & Technology Category. The report offers a collection of superior market research, market analysis competitive intelligence and Market reports.
Global network security firewall market is anticipated to exceed USD 9,362 million by 2030 from USD 3,741 million in 2019 at a CAGR of 14.01% throughout the forecast period i.e. 2020-2030. The market is anticipated to grow on the back of increased need for network security and privacy.
The innovative technology is rising at a fast speed due to the gush in the demand from a wide variety of segments. The emerging cyber-attacks have substantially raised, and companies are making substantial spending in cybersecurity solutions.
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Global Network Security Firewall Market: Segments
The Solution segment to grow with the fastest CAGR of xx% during 2020-2030
Global network security firewall market is segmented by Component into Solution and Service. Among these, the solution segment is estimated to hold the largest market share of xx% in 2019. The key benefit of the solution segment is the growing dispersion of innovative technologies round the world. The security of all the grave and important data of the company, mainly the financial institutions and telecom industry, are the key aspects toward the adopting of network security firewall. Another aspect is the rise in the overall functioning proficiency by enhancing the accessibility and consistency based on the hardware used.
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