The Europe Firewall As A Service Market should witness market growth of 19.8% CAGR during the forecast period (2022-2028).
With a cloud-based security service known as 'firewall as a service,'a third-party supplier administers and keeps up an organization's firewall defense. It frees businesses from having to buy and maintain physical firewalls, letting them concentrate on their main line of business. The need for the firewall as service solutions and services is being driven by factors including an increase in data breaches in the cloud environment and the widespread use of NGFW across devices.
A cloud firewall that provides DNS security, advanced threat prevention, URL filtering, intrusion prevention systems, and next-generation firewall features is known as a service. It enables businesses and organizations to eliminate firewall equipment and streamline their IT infrastructure. Contrary to using hardware, a firewall as a service centralizes security inspection to a single access panel and offers complete firewall capabilities to the cloud. These elements, therefore, portend well for the market's overall expansion of the firewall as a service.
The UK alsohas more high-growth businesses than its European counterparts, having founded 144 unicorns, 237 future corns, and over 85,000 startups and scale-ups. With 95,808 IT companies and the most prominent software industry in Europe, Germany will be one of the largest ICT markets in the world by 2022. Microsoft, Apple, Dell, Adobe, IBM, Oracle, and SAP are a few of the company's major stockholders. There are also many highly specialized SMEs on the market. In terms of revenue, the three IT subsectors in 2022 - IT services at USD 45.3 billion, IT hardware at USD 34.9 billion, and software at USD 34.1 billion - were divided. With a robust and high-earning IT sector, the chances of cyber-attacks are expected to increase, which will surge the usage of the firewall as a service and boost the market expansion in Europe.
The Germany market dominated the Europe Firewall As A Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $545.4 million by 2028. The UK market is anticipated to grow at a CAGR of 18.8% during (2022-2028). Additionally, The France market would experience a CAGR of 20.7% during (2022-2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Type, the market is segmented into Compliance & Audit Management, Traffic Monitoring & Control, Security Management, Reporting & Log Management, Automation & Orchestration, Professional & Managed Services and Others. Based on Service Model, the market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Based on Deployment Model, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Vertical, the market is segmented into BFSI, IT & Telecommunication, Retail, Education, Healthcare & Dental, Energy & Utilities, Manufacturing, Government and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Juniper Networks, Inc., Fortinet, Inc., Zscaler, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Sophos Group PLC (Thoma Bravo), Cato Networks Ltd., Forcepoint LLC (Francisco Partners), and Barracuda Networks, Inc. (Thoma Bravo)
With a cloud-based security service known as 'firewall as a service,'a third-party supplier administers and keeps up an organization's firewall defense. It frees businesses from having to buy and maintain physical firewalls, letting them concentrate on their main line of business. The need for the firewall as service solutions and services is being driven by factors including an increase in data breaches in the cloud environment and the widespread use of NGFW across devices.
A cloud firewall that provides DNS security, advanced threat prevention, URL filtering, intrusion prevention systems, and next-generation firewall features is known as a service. It enables businesses and organizations to eliminate firewall equipment and streamline their IT infrastructure. Contrary to using hardware, a firewall as a service centralizes security inspection to a single access panel and offers complete firewall capabilities to the cloud. These elements, therefore, portend well for the market's overall expansion of the firewall as a service.
The UK alsohas more high-growth businesses than its European counterparts, having founded 144 unicorns, 237 future corns, and over 85,000 startups and scale-ups. With 95,808 IT companies and the most prominent software industry in Europe, Germany will be one of the largest ICT markets in the world by 2022. Microsoft, Apple, Dell, Adobe, IBM, Oracle, and SAP are a few of the company's major stockholders. There are also many highly specialized SMEs on the market. In terms of revenue, the three IT subsectors in 2022 - IT services at USD 45.3 billion, IT hardware at USD 34.9 billion, and software at USD 34.1 billion - were divided. With a robust and high-earning IT sector, the chances of cyber-attacks are expected to increase, which will surge the usage of the firewall as a service and boost the market expansion in Europe.
The Germany market dominated the Europe Firewall As A Service Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $545.4 million by 2028. The UK market is anticipated to grow at a CAGR of 18.8% during (2022-2028). Additionally, The France market would experience a CAGR of 20.7% during (2022-2028).
Based on Enterprise Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Type, the market is segmented into Compliance & Audit Management, Traffic Monitoring & Control, Security Management, Reporting & Log Management, Automation & Orchestration, Professional & Managed Services and Others. Based on Service Model, the market is segmented into Infrastructure as a Service, Platform as a Service and Software as a Service. Based on Deployment Model, the market is segmented into Public Cloud, Private Cloud and Hybrid Cloud. Based on Vertical, the market is segmented into BFSI, IT & Telecommunication, Retail, Education, Healthcare & Dental, Energy & Utilities, Manufacturing, Government and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Juniper Networks, Inc., Fortinet, Inc., Zscaler, Inc., Palo Alto Networks, Inc., Check Point Software Technologies Ltd., Sophos Group PLC (Thoma Bravo), Cato Networks Ltd., Forcepoint LLC (Francisco Partners), and Barracuda Networks, Inc. (Thoma Bravo)
Scope of the Study
By Enterprise Size
- Large Enterprises
- Small & Medium Enterprises
By Type
- Compliance & Audit Management
- Traffic Monitoring & Control
- Security Management
- Reporting & Log Management
- Automation & Orchestration
- Professional & Managed Services
- Others
By Service Model
- Infrastructure as a Service
- Platform as a Service
- Software as a Service
By Deployment Model
- Public Cloud
- Private Cloud
- Hybrid Cloud
By Vertical
- BFSI
- IT & Telecommunication
- Retail
- Education
- Healthcare & Dental
- Energy & Utilities
- Manufacturing
- Government
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Fortinet, Inc.
- Zscaler, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Sophos Group PLC (Thoma Bravo)
- Cato Networks Ltd.
- Forcepoint LLC (Francisco Partners)
- Barracuda Networks, Inc. (Thoma Bravo)
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Firewall As A Service Market, by Enterprise Size
1.4.2 Europe Firewall As A Service Market, by Type
1.4.3 Europe Firewall As A Service Market, by Service Model
1.4.4 Europe Firewall As A Service Market, by Deployment Model
1.4.5 Europe Firewall As A Service Market, by Vertical
1.4.6 Europe Firewall As A Service Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Analyst's Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Market Share Analysis, 2021
3.4 Top Winning Strategies
3.4.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.4.2 Key Strategic Move: (Mergers and Acquisitions : 2019, Jan - 2022, Apr) Leading Players
Chapter 4. Europe Firewall As A Service Market by Enterprise Size
4.1 Europe Large Enterprises Market by Country
4.2 Europe Small & Medium Enterprises Market by Country
Chapter 5. Europe Firewall As A Service Market by Type
5.1 Europe Compliance & Audit Management Market by Country
5.2 Europe Traffic Monitoring & Control Market by Country
5.3 Europe Security Management Market by Country
5.4 Europe Reporting & Log Management Market by Country
5.5 Europe Automation & Orchestration Market by Country
5.6 Europe Professional & Managed Services Market by Country
5.7 Europe Others Market by Country
Chapter 6. Europe Firewall As A Service Market by Service Model
6.1 Europe Infrastructure as a Service Market by Country
6.2 Europe Platform as a Service Market by Country
6.3 Europe Software as a Service Market by Country
Chapter 7. Europe Firewall As A Service Market by Deployment Model
7.1 Europe Public Cloud Market by Country
7.2 Europe Private Cloud Market by Country
7.3 Europe Hybrid Cloud Market by Country
Chapter 8. Europe Firewall As A Service Market by Vertical
8.1 Europe BFSI Market by Country
8.2 Europe IT & Telecommunication Market by Country
8.3 Europe Retail Market by Country
8.4 Europe Education Market by Country
8.5 Europe Healthcare & Dental Market by Country
8.6 Europe Energy & Utilities Market by Country
8.7 Europe Manufacturing Market by Country
8.8 Europe Government Market by Country
8.9 Europe Others Market by Country
Chapter 9. Europe Firewall As A Service Market by Country
9.1 Germany Firewall As A Service Market
9.1.1 Germany Firewall As A Service Market by Enterprise Size
9.1.2 Germany Firewall As A Service Market by Type
9.1.3 Germany Firewall As A Service Market by Service Model
9.1.4 Germany Firewall As A Service Market by Deployment Model
9.1.5 Germany Firewall As A Service Market by Vertical
9.2 UK Firewall As A Service Market
9.2.1 UK Firewall As A Service Market by Enterprise Size
9.2.2 UK Firewall As A Service Market by Type
9.2.3 UK Firewall As A Service Market by Service Model
9.2.4 UK Firewall As A Service Market by Deployment Model
9.2.5 UK Firewall As A Service Market by Vertical
9.3 France Firewall As A Service Market
9.3.1 France Firewall As A Service Market by Enterprise Size
9.3.2 France Firewall As A Service Market by Type
9.3.3 France Firewall As A Service Market by Service Model
9.3.4 France Firewall As A Service Market by Deployment Model
9.3.5 France Firewall As A Service Market by Vertical
9.4 Russia Firewall As A Service Market
9.4.1 Russia Firewall As A Service Market by Enterprise Size
9.4.2 Russia Firewall As A Service Market by Type
9.4.3 Russia Firewall As A Service Market by Service Model
9.4.4 Russia Firewall As A Service Market by Deployment Model
9.4.5 Russia Firewall As A Service Market by Vertical
9.5 Spain Firewall As A Service Market
9.5.1 Spain Firewall As A Service Market by Enterprise Size
9.5.2 Spain Firewall As A Service Market by Type
9.5.3 Spain Firewall As A Service Market by Service Model
9.5.4 Spain Firewall As A Service Market by Deployment Model
9.5.5 Spain Firewall As A Service Market by Vertical
9.6 Italy Firewall As A Service Market
9.6.1 Italy Firewall As A Service Market by Enterprise Size
9.6.2 Italy Firewall As A Service Market by Type
9.6.3 Italy Firewall As A Service Market by Service Model
9.6.4 Italy Firewall As A Service Market by Deployment Model
9.6.5 Italy Firewall As A Service Market by Vertical
9.7 Rest of Europe Firewall As A Service Market
9.7.1 Rest of Europe Firewall As A Service Market by Enterprise Size
9.7.2 Rest of Europe Firewall As A Service Market by Type
9.7.3 Rest of Europe Firewall As A Service Market by Service Model
9.7.4 Rest of Europe Firewall As A Service Market by Deployment Model
9.7.5 Rest of Europe Firewall As A Service Market by Vertical
Chapter 10. Company Profiles
10.1 Cisco Systems, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Regional Analysis
10.1.4 Research & Development Expense
10.1.5 Recent strategies and developments:
10.1.5.1 Acquisition and Mergers:
10.1.6 SWOT Analysis
10.2 Juniper Networks, Inc.
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.5.2 Acquisition and Mergers:
10.3 Fortinet, Inc.
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Partnerships, Collaborations, and Agreements:
10.3.5.2 Product Launches and Product Expansions:
10.4 Zscaler, Inc.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Regional Analysis
10.4.4 Research & Development Expense
10.4.4.1 Partnerships, Collaborations and Agreements:
10.4.4.2 Acquisition and Mergers:
10.5 Palo Alto Networks, Inc.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Regional Analysis
10.5.4 Research & Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Partnerships, Collaborations, and Agreements:
10.5.5.2 Product Launches and Product Expansions:
10.6 Check Point Software Technologies Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.5.2 Acquisition and Mergers:
10.7 Sophos Group PLC (Thoma Bravo)
10.7.1 Company Overview
10.7.2 Recent strategies and developments:
10.7.2.1 Product Launches and Product Expansions:
10.7.2.2 Acquisition and Mergers:
10.8 Cato Networks Ltd.
10.8.1 Company Overview
10.8.2 Recent strategies and developments:
10.8.2.1 Partnerships, Collaborations, and Agreements:
10.9 Forcepoint LLC (Francisco Partners)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Acquisition and Mergers:
10.10. Barracuda Networks, Inc. (Thoma Bravo)
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Acquisition and Mergers:
Companies Mentioned
- Cisco Systems, Inc.
- Juniper Networks, Inc.
- Fortinet, Inc.
- Zscaler, Inc.
- Palo Alto Networks, Inc.
- Check Point Software Technologies Ltd.
- Sophos Group PLC (Thoma Bravo)
- Cato Networks Ltd.
- Forcepoint LLC (Francisco Partners)
- Barracuda Networks, Inc. (Thoma Bravo)
Methodology
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