According to a market report by Lucintel, 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 from $1.5 billion in 2024, at 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.
A more than 150-page report to understand trends, opportunity and forecast in virtual firewall market to 2030 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).
Lucintel forecasts that hypervisor-mode will remain the larger segment over the forecast period due to its 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.
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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.
Palo Alto Networks, Fortinet, Check Point Software Technologies, Sonicwall, Amazon Web Services, Microsoft, Clavister, Juniper Networks, Quick Heal Technologies, Trend Micro are the major suppliers in the virtual firewall market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
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At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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