Network Security Firewall Market - Expected to Reach $4.8 Billion by 2022

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Oct 04, 2017, 05:30 ET

DUBLIN, Oct. 04. 2017 /PRNewswire/ --

The "Network Security Firewall Market - Global Forecast to 2022" report has been added to Research and Markets' offering.

This research forecasts the global network security firewall market size to grow from USD 2.65 Billion in 2017 to USD 4.80 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 12.5%.

The network security firewall market is segmented on the basis of components (solutions and services), deployment types, and regions. The solutions segment is further segmented into signaling firewall and SMS firewall. The signaling firewall solution segment is further segmented into Signaling System 7 (SS7) and diameter firewall. The SMS firewall solution segment is further categorized into Application-to-Person (A2P) and Person-to-application (P2A) messaging solutions.

The SMS firewall solution segment is expected to hold the largest market size during the forecast period, as the there is an increase in the number of telecom organizations that are adopting A2P messaging solutions. Additionally, SMS firewall solution are used in network security firewalls applications for detecting malware in the operator's network. The deployment type segment is categorized into cloud, on-premises, and Network Function Virtualization (NFV). Additionally, enterprises are deploying their firewall solutions virtually, which are more secure, compared to the on-premises deployment type. Moreover, data becomes more assured.

The network security firewall market is expected to be witnessing a traction, due to the growing network security and privacy concerns, the increase in SS7 vulnerabilities, and advancements in digital transformation in telecommunication industry. SMS firewall solutions have been instrumental in offering additional features, such as SMS revenue assurance and A2P monetization, which help the Communication service providers (CSPs) produce revenues from uncharged SMS generated through unauthorized channels. In addition, IoT has the potential to create new business models for the A2P messaging type for SMS firewall solution. However, the signaling firewall solution helps the telecom operators prevent their networks from signaling attacks by screening, monitoring, and reporting traffic sessions over the network in real-time. It can also predict when an anomalous behavior is likely to occur and identify when a user's account has been hacked.

The trending technologies, such as NFV, IoT network security, Software-Defined Networking (SDN) and machine learning, and artificial intelligence, play vital roles in the network security firewall arena. These technologies enable telecom network operators to detect fraudulent activities and reduce the risk of malicious attacks over their networks. The emerging IoT network security solutions help protect network-connected IoT devices to back-end systems on the internet. Additionally, it includes features, such as firewalls, and intrusion prevention and detection systems.

Companies Mentioned

Adaptive Mobile
Amd Telecom S.A.
Anam Technologies
Cellusys
Evolved Intelligence
Hewlett Packard Enterprise
Mobileum
Omobio Pvt. Ltd.
Openmind Networks
Sap Se
Symsoft
Tata Communications Limited

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Network Security Firewall Market Analysis, By Component

7 Network Security Firewall Market Analysis, By Solution

8 Network Security Firewall Analysis, By Service

9 Network Security Firewall Analysis, By Deployment

10 Geographic Analysis

11 Company Profiles

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/9nrm4j/network_security

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SOURCE Research and Markets