Firewall-as-a-Service Market By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), By Deployment Model (Public Cloud, Private Cloud, Hybrid), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI,

Firewall-as-a-Service Market By Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), By Deployment Model (Public Cloud, Private Cloud, Hybrid), By Enterprise Size (Large Enterprises, SMEs), By Industry Vertical (BFSI, Energy and Utilities, IT and Telecom, Government and Public Sector, Healthcare, Manufacturing, Retail, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031

FWaaS is a firewall solution delivered as a cloud-based service that allows companies to simplify IT infrastructure. It provides next-generation firewall (NGFW) capabilities like web filtering, advanced threat protection (ATP), intrusion prevention system (IPS), and Domain Name System (DNS) security. FWaaS offerings provide economies of scale, allowing vendors to spread the cost of enhanced service offerings across many clients. However, they also have the ability to generate additional revenue by increasing their rates. Depending upon the specifics of any negotiation, the net financial effect of a move may be insignificant or even increase direct costs.

Growing demand for network security and privacy is on the rise and the increasing number of cyber-attacks and fraud cases is boosting the growth of the global firewall as a service market size. In addition, the increase in the adoption of IoT and BYOD trends positively impacts the growth of the market. However, data security and privacy concerns and additional costs associated with a firewall as a service are hampering the firewall as a service market growth. On the contrary, the rising popularity of the “as-a-Service model” in modern business enterprises is expected to offer remunerative opportunities for expansion of the firewall as a service market during the forecast period.

The firewall as a service market is segmented on the basis of service model, deployment model, enterprise size, industry vertical, and region. By service model, the market is bifurcated into infrastructure as a service, platform as a service, and Software as a Service. By deployment model, the market is segmented into public cloud, private cloud, and hybrid.

By enterprise size, it is categorized into large enterprises and SMEs. By industry vertical, the market is divided into BFSI, energy and utilities, IT and telecom, government and public sector, healthcare, manufacturing, retail, and others. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the firewall as a service market analysis are Amazon Web Services, Inc, Barracuda Networks, Inc., Cato Networks, Check Point Software Technologies Ltd., Cisco Systems, Inc., Forcepoint, Fortinet, IBM Corporation, Juniper Networks, Inc., McAfee Corp., Microsoft Corporation, Palo Alto Networks, SonicWall, Sophos Group plc, Trellix, WatchGuard, and Zscaler. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.

Key Benefits For Stakeholders

This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the firewall-as-a-service market analysis from 2021 to 2031 to identify the prevailing firewall-as-a-service market opportunities.
The market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
In-depth analysis of the firewall-as-a-service market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global firewall-as-a-service market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Service Model

Infrastructure as a Service
Platform as a Service
PaaS Type
Application PaaS
Integration PaaS
Database PaaS
Others
Software as a Service
SaaS Type
Customer Relationship Management
Enterprise Resource Planning
Operation Management
Human Resource Management
Supply Chain Management
Others

By Deployment Model

Public Cloud
Private Cloud
Hybrid

By Enterprise Size

Large Enterprises
SMEs

By Industry Vertical

BFSI
Energy and Utilities
IT and Telecom
Government and Public Sector
Healthcare
Manufacturing
Manufacturing Type
Food and Beverages
Industrial Machinery and Heavy Equipment
High Tech and Consumer Electronics
Automotive
Others
Retail
Others

By Region

North America
U.S.
Canada
Europe
United Kingdom
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Australia
Rest Of Asia Pacific
LAMEA
Brazil
Mexico
UAE
Saudi Arabia
South Africa
Rest of LAMEA

Key Market Players

Amazon Web Services, Inc
Barracuda Networks, Inc.
Cato Networks
Check Point Software Technologies Ltd.
Cisco Systems, Inc.
Forcepoint
Fortinet
IBM Corporation
Juniper Networks, Inc.
McAfee Corp.
Microsoft Corporation
Palo Alto Networks
SonicWall
Sophos Group plc
Trellix (formally fireeye)
WatchGuard
Zscaler

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