Network Security Firewall Market by SMS Firewall, Signalling Firewall, Service, Deployment Type And Region - Global Forecast to 2022
NEW YORK, Sept. 19, 2017 /PRNewswire/ -- Read the full report: https://www.reportlinker.com/p05106683
The global network security firewall market size is expected to grow from USD 2.66 billion in 2017 to USD 4.80 billion by 2022, at a CAGR of 12.5%. Due to the growing momentum of interconnected devices, the risk of security breach has increased, as the fraudsters have found alternatives, such SMS spams and SMS frauds using grey routes to exploit personal information over the organization's network.
Real-time streaming analysis and filtering of SS7 vulnerabilities have been the major components of the network security firewall, and firewall developers are using fraud detection techniques to monitor the traffic behavior of the network. The growing network security and privacy concerns, the increasing vulnerabilities in SS7, and the administrative regulations are some of the factors driving the network security firewall market.
Telecom organizations use network security firewall tools to dynamically extract traffic patterns from the packets transmitted as well as received at the network and continuously check the network behavior against malicious contents to report all the detected anomalies. However, the lack of preventive firewall maintenance among telecom organizations is said to be the major restraining factor for the growth of this market.
The signalling firewall segment is expected to grow at the highest CAGR during the forecast period
Based on the network vulnerabilities, the signalling firewall is further segmented into SS7 and diameter firewall. The SS7 firewall helps telecom service providers detect and protect against the SS7 vulnerabilities, such as user location tracking, fraud, Denial of Service (DoS), or even call interception. The diameter firewall helps mobile network operators to prevent their Long-Term Evolution (LTE) network against malicious attacks and illicit messages.
This firewall monitors and filters the Internet Protocol (IP) packets received over the LTE networks from other LTE or Global System for Mobile communication (GSM) networks, and protects the operators against the anomalous data packets received from unauthorized networks. The growth in the signalling firewall solutions is attributed to the fact that there has been a significant increase in the number of diameter attacks in the telecom industry.
The A2P messaging segment is expected to have the largest market size in the network security firewall market during the forecast period
The demand for A2P messaging has been witnessing a strong growth across the telecom domain. The verticals, such as Banking, Financial Services, and Insurance (BFSI), government, healthcare, and eCommerce are adopting A2P messaging for communication purposes.
Telecom operators provide A2P messaging for arketing and promotional messages, authenticate the customer, and send One Time Passwords (OTPs) and notifications. With the proliferation of smartphones and tablets across cthe ommunication industry and their increased usage by individual customers, it has become very easy for mobile network operators to interact directly with their customers through SMS. In addition, IoT has the potential to create new business models for the Application-to-Person (A2P) messaging type.
North America is expected to have the largest market size, and Middle East and Africa (MEA) is projected to grow at the highest rate during the forecast period.
North America is expected to hold the largest market share in the network security firewall market during the forecast period. The primary reason behind this movement is the new non-stringent regulations of US telecom regulatory body, Federal Communications Commission (FCC).
The regulation made by this regulatory body are less stringent as compared to old administration, by rolling back several stringent regulations of the previous regime, FCC benefited most of the telecom operators to choose and implement new services and solution. According to NASDAQ, the 4G LTE wireless penetration is currently 83% in North America; this can primarily be attributed to most of the carriers' intention to upgrade to the 5G wireless network standard, which requires massive investment.
The MEA region is expected to witness a significant growth in the network security firewall, as telecom operators are implementing firewall solutions across their networks. The adoption of mobile phones and smartphones is on the rise in the region and has provided mobile network operators an extensive subscriber base in MEA.
This region is one of the leading markets for messaging solutions and the telecommunications sector due to network upgradations, which are driving investments in the region. According to the FireEye Dynamic Threat Intelligence (DTI) report, organizations in the regions of UAE, Saudi Arabia, and Qatar were attacked by various kinds of network threats, frauds, and SMS spoofs.
In the process of determining and verifying the market size of several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up of the profiles of the primary participants is as follows:
• By Company: Tier 1 – 30 %, Tier 2 – 40%, and Tier 3 – 30%
• By Designation: C-Level – 72%, Director Level – 14%, and Others – 14%
• By Region: North America – 57%, Europe – 14%, and APAC – 29%
The network security firewall market includes various major vendors, such as Symsoft, Cellusys, Adaptive Mobile, Evolved Intelligence, Mobileum, Tata Communications, AMD Telecom S.A., Openmind Networks, ANAM Technologies, SAP, Omobio, and HPE.
The report includes an in-depth competitive analysis of the key players in the network security firewall market along with their company profiles, recent developments, and key market strategies. The report segments the network security firewall market by component (solution and service), deployment, and region.
Reasons to buy the Report:
The network security firewall market has been segmented on the basis of components (solutions and services), deployments, and regions.
The report will help the market leaders/new entrants in the network security firewall market in the following ways:
1. The overall network security firewall market revenue stream has been estimated based on the revenues generated by vendors, offering firewall solutions and services to telecom operators, inclusive of deployment and integration, support and maintenance, and consulting services, offered by professional service providers, including Managed Service Providers (MSPs). The report provides the closest approximations of the revenue numbers for the overall market and the subsegments. The market numbers are further split into regions.
2. The report helps the stakeholders understand the pulse of the market and provides them with information on the key market drivers, restraints, challenges, and opportunities.
3. The report will help the stakeholders understand the competitors and gain more insights to better their market position. The competitive landscape section includes the competitor ecosystem, new product developments, partnerships, and mergers and acquisitions.
Read the full report: https://www.reportlinker.com/p05106683
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
Contact Clare: firstname.lastname@example.org
Intl: +1 339-368-6001
View original content:http://www.prnewswire.com/news-releases/network-security-firewall-market-by-sms-firewall-signalling-firewall-service-deployment-type-and-region---global-forecast-to-2022-300522297.html
[ Back To Contact Center on Demand Homepage's Homepage ]