Global Managed Firewall Services Market: Industry Analysis and Forecast (2020-2026) – by Deployment Type, Organization Size, End-User Industry, and Region.

Global Managed Firewall Services Market size is expected to reach nearly US $ 43.7 Bn by 2026 with the CAGR of 13.9% during the forecast period. The global Managed Firewall Services market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Managed Firewall Services report also provides trends by market segments, technology, and investment with a competitive landscape.

Overview of Managed Firewall Services:

A Managed firewall is a third-party service that protects the network from unauthorized access while allowing service users to access verified external data. Firewall services that are not effectively managed might result in rule conflicts, gaps in protection, and a decrease in network performance. Many businesses, however, lack the necessary resources to administer their firewalls in-house. As a result, they seek managed firewall solutions from managed security service providers (MSSPs).

Global Managed Firewall Services Market Dynamics:

By delivering end-to-end firewall management services, managed firewall service providers lower IT costs. Consulting, deployment and integration, as well as monitoring and maintenance, are all included in managed security services. They also include application control, which entails restricting apps, as well as web content filtering, which entails preventing access to dangerous websites. The growth of the managed firewall services market is being fueled by the rise in cloud deployment models, increased investment in IT infrastructure development, and an increase in the number of cyber-attacks as a result of daily technical breakthroughs. With the growing trend of enterprises moving to the cloud, managed firewall services are moving ahead. With the rise in cloud use, identity access management and email security are becoming increasingly critical parts of security. Predictive analysis, in addition to cloud adoption, is a new trend in the managed firewall services market, as it aids in the prediction of unknown future events. However, a major challenge in the managed firewall services business is the ever-increasing complexity of compliance requirements.

Benefits offered by Managed Firewall Services:

• Managed services relieve the busy IT department of the responsibility of maintaining firewall devices. • It safeguards both network connections and stored data. • By harnessing the capabilities of outside specialists, managed firewalls free up resources while lowering overhead. • They'll always ensure conformity with any project because they're adaptive. • All perimeter security, transaction logging, and access control requirements can be met with a managed firewall.

Global Managed Firewall Services Market Segmentation:

Global Managed Firewall Services Market To know about the Research Methodology :- Request Free Sample Report Based on the end-user industry, the managed firewall services market is segmented into BFSI, government and defense, healthcare, energy and utilities, manufacturing, telecom and IT, retail, and others. With the maximum market size, the BFSI vertical is expected to lead the Managed Security Services Market, while the healthcare vertical is expected to grow at the fastest rate during the projected period. MFS is likely to assist the BFSI vertical in ensuring the confidentiality of sensitive data, hence assisting in the overall security posture. The BFSI industry is highly concerned about the security of its clients' sensitive information. As a result, firms in the BFSI field are embracing MFS services in huge numbers to improve the protection of online services against cyberattacks.

MFS Use in Healthcare:

Medical device penetration testing, network segmentation for medical equipment, device inventory and risk analysis, medical device risk assessments, and continuous incident response all play a role in securing entities associated with patients as well as hospital data in the healthcare sector. Firewall management businesses have flexibility over which technology to install and can manage many firewalls in a range of network topologies, as well as execute regular firewall audits and monitor compliance with major requirements like PCI DSS. Furthermore, Managed Firewall Services assists healthcare firms in meeting the strict requirements of the Health Insurance Portability and Accountability Act (HIPAA) and the Payment Card Industry Data Security Standard (PCI DSS). Global Managed Firewall Services Market  

Global Managed Firewall Services Market Regional Insights:

During the projected period, Asia Pacific is expected to be the fastest-growing market for managed firewall services. Threats from hackers have increased in the Asia Pacific as a result of rapid technological developments, which are projected to boost the managed firewall services market in the area throughout the forecast period. Small and medium-sized enterprises (SMEs) and major enterprises in the Asia Pacific (APAC) area have largely relied on MFS due to cloud, 5G, and IoT. Government legislation, cybersecurity issues, and the adoption of cloud technology are further pushing MFS adoption in the region. In terms of revenue, China is expected to bring in USD XX billion in 2020. By 2024, it is expected to be the country with the maximum revenue accounting, for more than 34 % of MFS revenue. The government's increased emphasis on raising cybersecurity awareness among public and private companies is a key driver for the market. During the projected period, managed firewall services revenue in Indonesia and Australia is expected to grow at the fastest rates.

Recent Launch:

February 2020: F5 increases its worldwide reach by establishing points of presence in new areas, bringing security services to consumers all around the Asia Pacific. In 2019, the number of online application attacks carried out by hackers using stolen credentials increased significantly, with over 2,700 phishing cases documented in Hong Kong alone. F5 is expected to provide its local Hong Kong customers with the ability to protect applications and web properties without upfront investments in IT infrastructure and support by extending its Silverline Web Application Firewall (WAF) and Silverline DDoS Protection offerings to Hong Kong, addressing the cybersecurity talent shortage. The new regional PoPs increase application speed and minimize latency for customers in more regions that use the Silverline Managed Services Platform to secure their apps. October 2020: Lumen had announced the launch of a Managed Endpoint Detection and Response (MEDR) solution in Asia Pacific area. The MEDR service is intended to provide enterprises with a proactive, connected security strategy that is likely to improve threat detection and protection across endpoints. Lumen MEDR service uses artificial intelligence to detect anomalous behavior and identify risks on user laptops and personal PCs. The objective of the report is to present a comprehensive analysis of the Global Managed Firewall Services Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the Global Managed Firewall Services Market dynamics, structure by analyzing the market segments and project the global Managed Firewall Services market size. Clear representation of competitive analysis of key players By Deployment Type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Managed Firewall Services Market make the report investor’s guide.

Global Managed Firewall Services Market Scope: Inquire before buying

Global Managed Firewall Services Market

Global Managed Firewall Services Market, by Region

• North America • Europe • Asia Pacific • Middle East & Africa • South America

Global Managed Firewall Services Market Key Players

• Cisco Systems, Inc. • Symantec Corporation • IBM Corporation • Mindtree Ltd. • CenturyLink, Inc. • Redcentric plc • Claranet limited • BC Networks, Inc. • T-systems International GmbH. • Interoute Communications Limited • Colt Technology Services Group Limited • SecureWorks, Inc. (Dell) • Verizon Enterprise Solutions • SecureData • SonicWall Inc. • Other Key Players
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Managed Firewall Services Market Size, by Market Value (US$ Bn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Managed Firewall Services Market 3.4. Geographical Snapshot of the Managed Firewall Services Market, By Manufacturer share 4. Global Managed Firewall Services Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Managed Firewall Services Market 5. Supply Side and Demand Side Indicators 6. Global Managed Firewall Services Market Analysis and Forecast, 2019-2026 6.1. Global Managed Firewall Services Market Size & Y-o-Y Growth Analysis. 7. Global Managed Firewall Services Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 7.1.1. On-Premise 7.1.2. Cloud-Based 7.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 7.2.1. Small and Medium Enterprises (SMEs) 7.2.2. Large Enterprises 7.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 7.3.1. Banking, Financial Services, and Insurance (BFSI) 7.3.2. Government and Defense 7.3.3. Healthcare 7.3.4. Energy and Utilities 7.3.5. Manufacturing 7.3.6. Telecom and IT 7.3.7. Retail 7.3.8. Others 8. Global Managed Firewall Services Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Managed Firewall Services Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 9.1.1. On-Premise 9.1.2. Cloud-Based 9.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 9.2.1. Small and Medium Enterprises (SMEs) 9.2.2. Large Enterprises 9.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 9.3.1. Banking, Financial Services, and Insurance (BFSI) 9.3.2. Government and Defense 9.3.3. Healthcare 9.3.4. Energy and Utilities 9.3.5. Manufacturing 9.3.6. Telecom and IT 9.3.7. Retail 9.3.8. Others 10. North America Managed Firewall Services Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Managed Firewall Services Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 12. Canada Managed Firewall Services Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 13. Mexico Managed Firewall Services Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 14. Europe Managed Firewall Services Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 15. Europe Managed Firewall Services Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Managed Firewall Services Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 17. France Managed Firewall Services Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 18. Germany Managed Firewall Services Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 19. Italy Managed Firewall Services Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 20. Spain Managed Firewall Services Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 21. Sweden Managed Firewall Services Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 22. CIS Countries Managed Firewall Services Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 23. Rest of Europe Managed Firewall Services Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 24. Asia Pacific Managed Firewall Services Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 25. Asia Pacific Managed Firewall Services Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Managed Firewall Services Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 27. India Managed Firewall Services Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 28. Japan Managed Firewall Services Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 29. South Korea Managed Firewall Services Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 30. Australia Managed Firewall Services Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 31. ASEAN Managed Firewall Services Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 32. Rest of Asia Pacific Managed Firewall Services Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 33. Middle East Africa Managed Firewall Services Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 34. Middle East Africa Managed Firewall Services Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Managed Firewall Services Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 36. GCC Countries Managed Firewall Services Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 37. Egypt Managed Firewall Services Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 38. Nigeria Managed Firewall Services Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 39. Rest of ME&A Managed Firewall Services Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 40. South America Managed Firewall Services Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 41. South America Managed Firewall Services Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Managed Firewall Services Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 43. Argentina Managed Firewall Services Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 44. Rest of South America Managed Firewall Services Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Deployment Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By Organization Size, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By End-User Industry , 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Managed Firewall Services Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Symantec Corporation 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. Cisco Systems, Inc. 45.3.3. IBM Corporation 45.3.4. Mindtree Ltd. 45.3.5. CenturyLink, Inc. 45.3.6. Redcentric plc 45.3.7. Claranet limited 45.3.8. BC Networks, Inc. 45.3.9. T-systems International GmbH. 45.3.10. Interoute Communications Limited 45.3.11. Colt Technology Services Group Limited 45.3.12. SecureWorks, Inc. (Dell) 45.3.13. Verizon Enterprise Solutions 45.3.14. SecureData 45.3.15. SonicWall Inc. 45.3.16. Other Key Players 46. Primary Key Insights

About This Report

Report ID 111683
Category Information Technology & Telecommunication
Published Date Jul 2021
Updated Date
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