Europe Network Security Firewall Market
No. of Pages: 105 | Report Code: TIPRE00012972 | Category: Technology, Media and Telecommunications
No. of Pages: 105 | Report Code: TIPRE00012972 | 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 Europe network security firewall market. Organizations are making significant investments for dynamic network infrastructure which is a key factor driving the Europe network security firewall market. Thus, the growth in the rising adoption of cloud and BYOD is 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.
Strategic insights for the Europe 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$ 713.9 Million |
Market Size by 2027 | US$ 1907.5 Million |
Global CAGR (2019 - 2027) | 11.7% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe 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 Europe is expected to grow from US$ 713.9 Mn in 2018 to US$ 1907.5 Mn by 2027; it is estimated to grow at a CAGR of 11.7% from 2019 to 2027. Organizations across several industry verticals are opting for a Next Generation Firewall (NGFW), as they approach license renewal or the endpoint of its lifecycle, in spite of their current firewall infrastructure. Investment on the NGFW is considered a strategic move by the organizations, for enhancement of their securities by incorporation of additional layers of defense and reduction in substantial cost as well as operational overhead required for management and maintenance of these firewalls. Aggregated throughput, port density, and redundancy are also some of the key influencers enabling and encouraging the trend of Next generation firewall adoption. This is bolstering the growth of the network security firewall market.
In terms of deployment, the cloud segment accounted for the largest share of the Europe network security firewall market in 2018. In terms of component, the solution segment held a larger market share of the network security firewall market in 2018.
A few major primary and secondary sources referred to for preparing this report on the network security firewall market in Europe 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., Openmind Networks, SAP SE, and Symsoft AB (Sinch) among others.
The Europe Network Security Firewall Market is valued at US$ 713.9 Million in 2018, it is projected to reach US$ 1907.5 Million by 2027.
As per our report Europe Network Security Firewall Market, the market size is valued at US$ 713.9 Million in 2018, projecting it to reach US$ 1907.5 Million by 2027. This translates to a CAGR of approximately 11.7% during the forecast period.
The Europe 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 Europe Network Security Firewall Market report:
The Europe Network Security Firewall Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Network Security Firewall Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Network Security Firewall Market value chain can benefit from the information contained in a comprehensive market report.