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Enterprise Firewall Market Share

Report ID: GMI7202
Published Date: Oct 2023
Report Format: PDF

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Enterprise Firewall Market Share

Major players operating in the enterprise firewall industry are:

Check Point Software Technologies Ltd.
Cisco Systems, Inc.
Forcepoint
Fortinet, Inc.
Huawei Technologies Co., Ltd.
Juniper Networks, Inc.
Palo Alto Networks, Inc
Sophos
WatchGuard Technologies, Inc.

Palo Alto Networks Inc., and Check Point Software Technologies Ltd. hold a prominent market share in enterprise firewall. The competitive industry landscape is intense, with dominating players continually innovating to offer advanced features, superior performance, and comprehensive cybersecurity solutions for businesses.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market valuation of enterprise firewall was worth USD 9.9 billion in 2022 and is estimated to register a CAGR of over 9.5% between 2023 and 2032.

The BFSI segment accounted for a market share of around 25% in 2022 as safeguarding sensitive customer data, financial records, and transaction details is essential for financial institutions, driving the adoption of firewall solutions.

North America accounted for a market share of around 39% in 2022 and is slated to register a significant growth through 2032, backed by the region's robust technology infrastructure that fosters innovations in firewall solutions.

Check Point Software Technologies Ltd., Cisco Systems, Inc., Forcepoint, Fortinet, Inc., Huawei Technologies Co., Ltd., Juniper Networks, Inc., Palo Alto Networks, Inc., Sophos, and WatchGuard Technologies, Inc.