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Wireless/Telecom News Releases
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(Wireless-NewsWire.Com, September 18, 2018 ) The Global Network Security Firewall Market was valued at USD 2.43 billion in 2016 and is projected to reach USD 6.90 billion by 2025, growing at a CAGR of 12.3% from 2017 to 2025.
The network security firewall is a security system that is created for the prevention of unauthorized access to private information on a network. The firewall can be utilized as software as well as hardware and can segregate a specific network and its data from an outside network to keep that specific network’s data private. There are a numerous amount of advantages that come with the utilization of a firewall in a network, especially the easy installation and the high speed. Implementing a firewall for a network is also much less costly than to have to secure each computer individually.
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The increasing network security and privacy concerns have led to an increasing number of threats. This, coupled with the only a few available network security firewall vendors has led to a growing demand for network security and thus has instigated the overall network security firewall’s market to grow. Aside from these, an aspect that causes a restrain in the network security firewall’s market growth is the necessity of firewall maintenance.
Competitive Landscape:
The major players in the market are as follows:
Anam Technologies Evolved Intelligence Cellusys Hewlett Packard Enterprise EMC Corporation SAP SE Mobileum Tata Communications Limited Omobio Pvt. Ltd. Adaptive Mobile Openmind Networks AMD Telecom S.A. Symsoft
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Source: EmailWire.Com
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