
Asia Pacific Network Security Firewall Market
No. of Pages: 103 | Report Code: TIPRE00012971 | Category: Technology, Media and Telecommunications
No. of Pages: 103 | Report Code: TIPRE00012971 | Category: Technology, Media and Telecommunications
The advanced technology is growing at a rapid pace owing to the surge in demand in the wide range of sectors. The evolving cyber-attacks has significantly increased, and the organizations are making significant investments in cyber security solutions. The increasing vulnerabilities, advancements in digital transformation, and others are making a significant impact on the network security firewall market. Organizations are making significant investments for dynamic network infrastructure which is a key factor driving the network security firewall market. Thus, the rise in adoption of cloud and bring your own device (BYOD) technology expected to create a significant demand for network security firewall in the coming years, which is further anticipated to drive the network security firewall market. Additionally, APAC region is highly impacted by the outbreak of coronavirus, owing to a massive number of cases in China, the country is the most crucial manufacturer and industrial producer since it trades highest number of manufacturing goods than any other country. Moreover, The Asia-Pacific region is highly impacted by the outbreak of coronavirus, owing to a massive number of cases in China, the country is the most crucial manufacturer and industrial producer since it trades highest number of manufacturing goods than any other country in the globe.
Strategic insights for the Asia Pacific Network Security Firewall provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2018 | US$ 650.0 Million |
Market Size by 2027 | US$ 2382.4 Million |
Global CAGR (2019 - 2027) | 15.6% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Asia-Pacific
|
Market leaders and key company profiles |
The geographic scope of the Asia Pacific Network Security Firewall refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The network security firewall market in APAC is expected to grow from US$ 650.0 Mn in 2018 to US$ 2382.4 Mn by 2027; it is estimated to grow at a CAGR of 15.6% from 2019 to 2027.Rising adoption of network function virtualization will create more opportunities in the network Security firewall market. NFV (Network Function Virtualization) is an initiative designed for virtualization of network services that usually operates on proprietary dedicated hardware. These NFV functions like load balancing, routing and firewalls are bundled as a virtual machine on commodity hardware. As the NFV architecture virtualizes the function of the network at the server level, they are expected to experience a thrust in their demand in the coming years. The NFV not only provides benefits to the enterprise, but the service providers also receive the potential to enhance scalability and improve the utilization of network resources. Further, the NFV’s ability to allow the service providers to alter the services in the form of virtual machine also contributes to factors enforcing its adoption. The rising adoption of NFV is generating significant growth opportunity for the APAC network security firewall market in the coming years.
In terms of component type, the solution segment accounted for the largest share of the APAC network security firewall market in 2018. In terms of deployment, the cloud segment held a larger market share of APAC network security firewall market in 2018.
A few major primary and secondary sources referred to for preparing this report on the APAC network security firewall market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Adaptive Mobile Security, AMD Telecom S.A., ANAM Technologies, Cellusys, Cisco Systems, INc., Mobileum Inc., Omobio (Pvt) Ltd, Openmind Networks, SAP SE, Symsoft AB (Sinch ).
The Asia Pacific Network Security Firewall Market is valued at US$ 650.0 Million in 2018, it is projected to reach US$ 2382.4 Million by 2027.
As per our report Asia Pacific Network Security Firewall Market, the market size is valued at US$ 650.0 Million in 2018, projecting it to reach US$ 2382.4 Million by 2027. This translates to a CAGR of approximately 15.6% during the forecast period.
The Asia Pacific Network Security Firewall Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia Pacific Network Security Firewall Market report:
The Asia Pacific Network Security Firewall Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Asia Pacific Network Security Firewall Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Asia Pacific Network Security Firewall Market value chain can benefit from the information contained in a comprehensive market report.