North America Network Security Firewall Market
No. of Pages: 90 | Report Code: TIPRE00012973 | Category: Technology, Media and Telecommunications
No. of Pages: 90 | Report Code: TIPRE00012973 | 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 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. Furthermore, the threat of coronavirus resulting the disease COVID-19 is expected to have disruptive impact on the economy of US and Canada. It has disrupted the supply of goods resulting the US companies to fulfill the orders. It has resulted to reduced labor on supply side, slowdown in the demand for products, and services other side.
Strategic insights for the North America 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$ 1067.7 Million |
Market Size by 2027 | US$ 2414.0 Million |
Global CAGR (2019 - 2027) | 9.6% |
Historical Data | 2016-2017 |
Forecast period | 2019-2027 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America 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 North America is expected to grow from US$ 1067.7 Mn in 2018 to US$ 2414.0 Mn by 2027; it is estimated to grow at a CAGR of 9.6% from 2019 to 2027. Emergence of new network security threats and attacks to reinforce the demand for network security firewall in future will create more opportunities in the network Security firewall market. The coming years are anticipated to come up with higher sophistication of spiteful hacking. Majority of network security attacks and hacking is projected to become even more high profile, reinforcing the criticality of network security. Most recently there have been significant surge in emergence of network security threats that are persistently imposing a persistent pressure on the businesses to strengthen their network security. According to the Online Trust Alliance, the rate of cyber breach had nearly doubled from 82,000 in 2016 to 159,700 in 2017. Owing to the increasing trend of cyber threat, the network managers across various industries emphasizing on security infrastructure and upgrading the plans to overcome evolving network threats, such as DDOS attacks, Network based Ransom ware, and insider threats. This will strengthen the growth off network security firewall market in North America.
In terms of component type, the solution segment accounted for the largest share of the North America network security firewall market in 2018. In terms of deployment, the cloud segment held a larger market share of North America network security firewall market in 2018.
A few major primary and secondary sources referred to for preparing this report on the North America 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., Openmind Networks, SAP SE, Symsoft AB (Sinch ).
The North America Network Security Firewall Market is valued at US$ 1067.7 Million in 2018, it is projected to reach US$ 2414.0 Million by 2027.
As per our report North America Network Security Firewall Market, the market size is valued at US$ 1067.7 Million in 2018, projecting it to reach US$ 2414.0 Million by 2027. This translates to a CAGR of approximately 9.6% during the forecast period.
The North America 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 North America Network Security Firewall Market report:
The North America Network Security Firewall Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Network Security Firewall Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Network Security Firewall Market value chain can benefit from the information contained in a comprehensive market report.