Europe Network Security Firewall Market Size, Share, and Analysis by 2027

Historic Data: 2016-2017 | Base Year: 2018 | Forecast Period: 2019-2027

Europe Network Security Firewall Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Component (Solution and Services) and Deployment (On-Premise and Cloud)

Report Date : Aug 2020
Report Code : TIPRE00012972

Category : Technology, Media and Telecommunications
Status : Published

Available Report Formats :
No. of Pages : 105

Page Updated: Oct 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The network security firewall market in Europe is expected to grow from US$ 713.9 Mn in 2018 to US$ 1907.5 Mn by 2027; it is estimated to grow at a CAGR of 11.7% from 2019 to 2027.

The UK, France, Italy, Germany Russia, and rest of Europe are major economies in Europe. Rising adoption of cloud and BYOD gained momentum over the past few years. With proliferation in remote and mobile work, and BYOD (Bring Your Own Device) trend, the hackers have expanded their target from a few employees to the entire network with the help of private emails. As the enterprises continue to make strategic shift to cloud, they have raised the demand for new and innovative methods such as encryption, email archiving solutions, URL Defense, and mobile defense to enhance the security of their networks. Additionally, as the diversity in whereabouts of the employees continues to expand, the companies are investing on robust security measures, which in turn are driving the growth of Europe network security firewall market. Thus, the rise in the adoption of cloud and BYOD is expected to create a significant demand for network security firewall in the coming years, which is further anticipated to drive the market in Europe. Furthermore, the coming years are anticipated to come up with higher sophistication of spiteful hacking. Majority of network security attacks and hacking is projected to become even more high profile, reinforcing the criticality of network security. Most recently there have been significant surge in emergence of network security threats that are persistently imposing a persistent pressure on the businesses to strengthen their network security.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the network security firewall market. The Europe network security firewall market is expected to grow at a good CAGR during the forecast period. Additionally, The European economy is expected to shrink by 0.1%, with negative growth rate in first half of the year 2020, followed by mild recovery in the second-half of 2020. Countries such as UK, Italy, and Germany are expected to have bigger impact on the economy. Inflation is likely to volatile the supply and demand side. The imbalance in the demand and supply side and the lockdown phase in several European countries will have the significant negative impact on the network security firewall market in the first half of year 2020. The lockdown phase has drastically affected the supply chain.
Europe Network Security Firewall Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe Network Security Firewall Market Segmentation

Europe Network Security Firewall Market – By Component

Solution
- SMS
  - A2PSMS
  - P2ASMS
- Signalling
  - SS7
  - Diameter
Services

Europe Network Security Firewall Market – By Deployment

On-Premise
Cloud

Europe Network Security Firewall Market, by Country

UK
France
Italy
Germany
Russia
Rest of Europe

Europe Network Security Firewall Report Scope

Report Attribute	Details
Market size in 2018	US$ 713.9 Million
Market Size by 2027	US$ 1907.5 Million
Global CAGR (2019 - 2027)	11.7%
Historical Data	2016-2017
Forecast period	2019-2027
Segments Covered	By Component Solution Services By Deployment On-Premise and Cloud
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Adaptive Mobile security AMD Telecom S.A. ANAM Technologies Cellusys Cisco Systems, Inc. Mobileum Inc. Openmind Networks SAP SE Symsoft AB (Sinch)

Research Manager

Ankita Mittal

Manager,
Market Research & Consulting

Ankita is a dynamic market research and consulting professional with over 8 years of experience across the technology, media, ICT, and electronics & semiconductor sectors. She has successfully led and delivered 100+ consulting and research assignments for global clients such as Microsoft, Oracle, NEC Corporation, SAP, KPMG, and Expeditors International. Her core competencies include market assessment, data analysis, forecasting, strategy formulation, competitive intelligence, and report writing.

Ankita is adept at handling complete project cycles—from pre-sales proposal design and client discussions to post-sales delivery of actionable insights. She is skilled in managing cross-functional teams, structuring complex research modules, and aligning solutions with client-specific business goals. Her excellent communication, leadership, and presentation abilities have enabled her to consistently deliver value-driven outcomes in fast-paced and evolving market environments.

What are the Europe Network Security Firewall Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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