According to the report published by Allied Market Research, the global firewall-as-a-service market generated $1.8 billion in 2021, and is projected to reach $15.6 billion by 2031, growing at a CAGR of 24.6% from 2022 to 2031. The report is a valuable source of information for new entrants, shareholders, frontrunners, and shareholders in introducing necessary strategies for the …
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Rise in adoption of IoT and BYOD trends, the significant surge in malware and phishing threats among enterprises across the globe, an increase in demand for the cloud-based firewall as a service mode, and growth in the adoption of mobile device applications and platforms are expected to drive the growth of the global Firewall-as-a-Service Market. …
Rise in need to safeguard enterprise network against unprecedented and unauthorized strikes, coupled with growth in need to centralize policy management and simplify installation for distributed enterprise networks are major factors that drive the firewall-as-a-service market growth. Moreover, businesses are inclining toward FWaaS to eliminate the upfront investment cost on physical security solutions. Some other …
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