Report ID: UCMIG45B2047
Report ID:
UCMIG45B2047 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
In 2022, the global firewall as a service (FWaaS) market reached a significant value of USD 2.53 billion. Going forward, this market is projected to experience substantial growth at a compound annual growth rate (CAGR) of 22.3% during the period from 2023 to 2030. This growth can be attributed to the increasing adoption of cloud-based security solutions and the rising need for effective firewall protection against cyber threats. Organizations across various industries are recognizing the benefits of FWaaS, such as enhanced scalability, reduced infrastructure costs, and simplified management. As a result, the FWaaS market is poised to witness significant expansion and innovation over the next decade.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the IT Consulting & Other Services by segment aggregation, the contribution of the IT Consulting & Other Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: UCMIG45B2047