Network Security Firewall Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Firewall Network Security Market is Segmented by Component (Solutions and Services), Type (Packet Filtering, State full Packet Inspection, and Next Generation Firewall among others), Deployment (On-Premises, Cloud and Network Functions Virtualization (NFV)), End-User (Telecommunication and IT, BFSI and Education among others), and Geography (North America, Europe, Asia-Pacific, Rest of the World). The market sizes and forecasts are provided in terms of value in USD million for all the above segments.

Network Security Firewall Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Network Security Firewall Industry Overview

The network security firewall market is highly fragmented. The major players use strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Some of the key developments in the market are:

  • August 2022 - Comcast Business announced a strategic partnership with FortinetĀ®, a global leader in comprehensive, integrated, and automated cybersecurity solutions. This collaboration will deliver enterprises a new set of secure access service edge (SASE) and security service edge (SSE) solutions to help enterprises protect their distributed workforces using a cloud-delivered approach to security policy enforcement and expand Comcast Business's managed services expertise.
  • August 2022 - NEC Corporation, a leader in the integration of IT and network technologies, and FortinetĀ®, a global leader in comprehensive, integrated, and automated cybersecurity solutions, have entered an international agreement to jointly build secure 5G networks for communication service providers (CSPs). Through the partnership, Fortinet will provide its comprehensive, best-in-class security solutions, including FortiGate - the world's most deployed next-generation firewall and highest performing hyper-scale firewall. At the same time, NEC will offer professional services built on its solid track record in the telecom industry to deliver carrier-grade, sustainable networking required in 5G.

Network Security Firewall Market Leaders

  1. SAP SE

  2. Cisco Systems Inc.

  3. Mobileum Inc.

  4. Anam Technologies

  5. Fortinet

  6. *Disclaimer: Major Players sorted in no particular order
"SAP SE,  Cisco Systems Inc. Mobileum Inc.,  Anam Technologies,  Fortinet"