“Enterprise/Business Firewall
Hardware Market: Global Historical Growth (2012-2016) & Future Outlook
(2017-2024) Demand Analysis & Opportunity Evaluation”
The
global market of enterprise/business firewall hardware is segmented into industry
such as e-commerce & retail, information technology,
government, telecommunication, manufacturing, healthcare and others. Further,
information technology is believed to be the fastest growing segment
in overall enterprise/business firewall
hardware market by the end of 2024. This growth of enterprise/business firewall hardware is riding on
the back of rising number of cyber-crimes. Moreover, e-commerce & retail
segment is projected to showcase a significant growth in near future.
Global enterprise/business firewall
hardware market is expected to register a CAGR of
7.2% over the forecast period. Moreover, enterprise/business firewall hardware market
is anticipated to reach at noteworthy revenue by
2024. The
market is expected to expand on the back of growing number of network security
threats such as data theft and others.
The
large enterprise segment by end-user is anticipated to post a substantial CAGR
by 2024. Moreover, large enterprise segment is anticipated to account for
the largest share of revenue across the globe. Furthermore, high risk of
network security threats and heavy adoption of firewall hardware are believed
to be the major factor propelling the growth of large enterprise segment. Additionally, rising demand for advanced
security devices from large and medium enterprise is expected to propel the of
enterprise/business firewall hardware market.
Growing prevalence of data
theft
High
preference for business security devices and continuous adoption of high
performing network security solutions is envisioned to boost the demand for
enterprise/business firewall hardware. Moreover, introduction of new policies such
as bring your own device (BYOD) along with growing adoption of network security
devices is also impelling the demand for enterprise/business firewall hardware.
These factors are believed to foster the growth of enterprise/business firewall
hardware market across the globe.
Rising network security
expenditure
Increasing
network security investment by several enterprises to develop their network
security system and rising strict policy & regulations regarding consumer
privacy are likely to intensify the growth of enterprise/business
firewall hardware market. Furthermore, evolution
of firewall technology coupled with rising investment to enhance network
security across enterprise environments is expected to strengthen the growth of
enterprise/business firewall hardware market.
On
the contrary, high cost associated with firewall hardware device is anticipated
to dampen the growth of firewall hardware market during the forecast period.
Further, slow rate adoption of new technologies in developing and
underdeveloped nations is also predicted to hinder the growth of
enterprise/business firewall hardware market during the forecast period.
The
report titled “Enterprise/Business Firewall Hardware Market: Global
Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis
& Opportunity Evaluation” delivers
detailed overview of the global enterprise/business
firewall hardware market in terms of market segmentation by industry, by
end-user and by region.
Further, for the in-depth
analysis, the report encompasses the industry growth drivers, restraints,
supply and demand risk, market attractiveness, BPS analysis and Porter’s five
force model.
This report also provides the
existing competitive scenario of some of the key players of the global enterprise/business firewall hardware market
which includes company profiling of Check Point
Software Technologies Ltd., Cisco Systems, Inc., Fortinet Inc., Juniper
Networks Inc., McAfee Inc., Palo Alto Networks Inc., AhnLab, Inc., Huawei Technologies Co., Ltd., WatchGuard
Technologies, Inc. The profiling enfolds key information of the companies which
encompasses business overview, products and services, key financials and recent
news and developments. On the whole, the report depicts detailed overview of
the global enterprise/business firewall hardware market that will help industry
consultants, equipment manufacturers, existing players searching for expansion
opportunities, new players searching possibilities and other stakeholders to
align their market centric strategies according to the ongoing and expected
trends in the future.
Research Nester is a leading service provider for
strategic market research and consulting. We aim to provide unbiased,
unparalleled market insights and industry analysis to help industries,
conglomerates and executives to take wise decisions for their future marketing
strategy, expansion and investment etc. We believe every business can expand to
its new horizon, provided a right guidance at a right time is available through
strategic minds. Our out of box thinking helps our clients to take wise
decision so as to avoid future uncertainties.
To know more about this research,
kindly visit: https://www.researchnester.com/reports/enterprisebusiness-firewall-hardware-market-global-historical-growth-2012-2016-future-outlook-2017-2024-demand-analysis-opportunity-evaluation/477
Contact for more Info:
Ajay
Daniel
Phone:
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ajay.daniel@researchnester.com
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