Firewall as a Service Industry Growth, Trends, Key Vendors Analysis, Company Profiles, Import & Export, Revenue by Forecast to 2027
The global firewall as a service market is expanding exponentially. Firewall as a Service (FWaaS) refers to network security capabilities as a cloud service. Enterprises deploy next-generation firewalls as security measures to control growing data breech/cyber theft concerns. The market growth attributes to growing numbers of enterprises and the increasing web-based (Cyber) attacks worldwide. Moreover, the increasing uses of IoT devices and automation across the industries escalate the market growth. According to Market Research Future (MRFR), the global firewall as a service market is poised to create a valuation of approx. USD1.98 BN by 2023, growing at 23 % CAGR throughout the review period (2018 – 2023). Also, increasing needs of the security foundation and make it easy to onboard IoT devices to the cloud boost the market growth. Rising demand for a small, embedded footprint, low power consumption, low latency, resilient communications, and privacy define th...