+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Virtual Firewall Market Report: Trends, Forecast and Competitive Analysis to 2030

  • PDF Icon

    Report

  • 150 Pages
  • March 2024
  • Region: Global
  • Lucintel
  • ID: 5980080

Virtual Firewall Trends and Forecast

The future of the global virtual firewall market looks promising with opportunities in the BFSI, IT and telecom, retail, government and public utility, education, and healthcare markets. The global virtual firewall market is expected to reach an estimated $3.0 billion by 2030 with a CAGR of 12.6% from 2024 to 2030. The major drivers for this market are increasing adoption of cloud computing and virtualization, rising need for improved security agility and scalability, as well as, growing frequency and sophistication of cyberattacks, making it essential for businesses to have robust security measures in place.

Virtual Firewall by Segment

The study includes a forecast for the global virtual firewall by type, application, and region.

Virtual Firewall Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Hypervisor-Mode
  • Bridge-Mode

Virtual Firewall Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • BFSI
  • IT and Telecom
  • Retail
  • Government and Public Utilities
  • Education
  • Healthcare
  • Others

Virtual Firewall Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Virtual Firewall Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies virtual firewall companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the virtual firewall companies profiled in this report include:
  • Palo Alto Networks
  • Fortinet, Cisco Systems
  • Check Point Software Technologies
  • Sonicwall
  • Amazon Web Services
  • Microsoft
  • Clavister
  • Juniper Networks
  • Quick Heal Technologies
  • Trend Micro

Virtual Firewall Market Insights

The publisher forecasts that hypervisor-mode will remain the larger segment over the forecast period due to it's deep integration with the virtualized environment.

Within this market, BFSI will remain the largest segment because the BFSI institutions handle an immense amount of sensitive data, including financial records, personally identifiable information, and intellectual property.

North America will remain the largest region over the forecast period because the region boasts a well-established and sophisticated it infrastructure, making it receptive to advanced security solutions like virtual firewalls.

Features of the Global Virtual Firewall Market

- Market Size Estimates: Virtual firewall market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Virtual firewall market size by type, application, and region in terms of value ($B).
  • Regional Analysis: Virtual firewall market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, application, and regions for the virtual firewall market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the virtual firewall market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the virtual firewall market size?
Answer: The global virtual firewall market is expected to reach an estimated $3 billion by 2030.

Q2. What is the growth forecast for virtual firewall market?
Answer: The global virtual firewall market is expected to grow with a CAGR of 12.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the virtual firewall market?
Answer: The major drivers for this market are increasing adoption of cloud computing and virtualization, rising need for improved security agility and scalability, as well as, growing frequency and sophistication of cyberattacks, making it essential for businesses to have robust security measures in place.

Q4. What are the major segments for virtual firewall market?
Answer: The future of the global virtual firewall market looks promising with opportunities in the BFSI, IT and telecom, retail, government and public utility, education, and healthcare markets.

Q5. Who are the key virtual firewall market companies?
Answer: Some of the key virtual firewall companies are as follows:
  • Palo Alto Networks
  • Fortinet, Cisco Systems
  • Check Point Software Technologies
  • Sonicwall
  • Amazon Web Services
  • Microsoft
  • Clavister
  • Juniper Networks
  • Quick Heal Technologies
  • Trend Micro
Q6. Which virtual firewall market segment will be the largest in future?
Answer: The publisher forecasts that hypervisor-mode will remain the larger segment over the forecast period due to it's deep integration with the virtualized environment.

Q7. In virtual firewall market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period because the region boasts a well-established and sophisticated it infrastructure, making it receptive to advanced security solutions like virtual firewalls.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the virtual firewall market by type (hypervisor-mode and bridge-mode), application (BFSI, IT and telecom, retail, government and public utilities, education, healthcare, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


This product will be delivered within 1-3 business days.

Table of Contents

1. Executive Summary
2. Global Virtual Firewall Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Virtual Firewall Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Virtual Firewall Market by Type
3.3.1: Hypervisor-mode
3.3.2: Bridge-mode
3.4: Global Virtual Firewall Market by Application
3.4.1: BFSI
3.4.2: IT and Telecom
3.4.3: Retail
3.4.4: Government and Public Utilities
3.4.5: Education
3.4.6: Healthcare
3.4.7: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Virtual Firewall Market by Region
4.2: North American Virtual Firewall Market
4.2.1: North American Virtual Firewall Market by Type: Hypervisor-mode and Bridge-mode
4.2.2: North American Virtual Firewall Market by Application: BFSI, IT and Telecom, Retail, Government and Public Utilities, Education, Healthcare, and Others
4.3: European Virtual Firewall Market
4.3.1: European Virtual Firewall Market by Type: Hypervisor-mode and Bridge-mode
4.3.2: European Virtual Firewall Market by Application: BFSI, IT and Telecom, Retail, Government and Public Utilities, Education, Healthcare, and Others
4.4: APAC Virtual Firewall Market
4.4.1: APAC Virtual Firewall Market by Type: Hypervisor-mode and Bridge-mode
4.4.2: APAC Virtual Firewall Market by Application: BFSI, IT and Telecom, Retail, Government and Public Utilities, Education, Healthcare, and Others
4.5: ROW Virtual Firewall Market
4.5.1: ROW Virtual Firewall Market by Type: Hypervisor-mode and Bridge-mode
4.5.2: ROW Virtual Firewall Market by Application: BFSI, IT and Telecom, Retail, Government and Public Utilities, Education, Healthcare, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Virtual Firewall Market by Type
6.1.2: Growth Opportunities for the Global Virtual Firewall Market by Application
6.1.3: Growth Opportunities for the Global Virtual Firewall Market by Region
6.2: Emerging Trends in the Global Virtual Firewall Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Virtual Firewall Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Virtual Firewall Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Palo Alto Networks
7.2: Fortinet, Cisco Systems
7.3: Check Point Software Technologies
7.4: Sonicwall
7.5: Amazon Web Services
7.6: Microsoft
7.7: Clavister
7.8: Juniper Networks
7.9: Quick Heal Technologies
7.10: Trend Micro

Companies Mentioned

  • Palo Alto Networks
  • Fortinet, Cisco Systems
  • Check Point Software Technologies
  • Sonicwall
  • Amazon Web Services
  • Microsoft
  • Clavister
  • Juniper Networks
  • Quick Heal Technologies
  • Trend Micro

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

Loading
LOADING...