Firewall As a Service Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to firewall as a service market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Firewall As a Service Market News

in Firewall As a Service Market
  • In May 2024, Palo Alto Networks launched Prisma SASE 3.0, which provides both managed and unmanaged devices with enhanced Zero Trust security. The release features the first natively integrated enterprise browser in the industry, AI-driven data security, and enhanced application performance, all designed to future-proof and revolutionize workforce security.
  • In April 2024, Zscaler revealed it agreed to buy Airgap Networks with the goal of advancing Zero Trust Segmentation for IoT/OT devices and sensitive infrastructure. The acquisition will revolutionize enterprise security across campuses, branches, factories, and data centers by doing away with the requirement for traditional firewall-based segmentation.
  • In November 2024, Zscaler launched its Zero Trust Segmentation solution, providing a secure, agile, and cost-effective means to connect users, devices, and workloads across distributed environments. This technology seeks to abolish the use of conventional firewalls, SD-WAN, and site-to-site VPNs and improve security throughout branches, factories, and clouds.

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Global Firewall As A Service Market size was valued at USD 6.10 Billion in 2023 poised to grow from USD 6.72 Billion in 2024 to USD 14.50 Billion by 2032, growing at a CAGR of 10.1% in the forecast period (2025-2032).

The global firewall as a service market is highly competitive, featuring major players like Palo Alto Networks, Fortinet, Cisco Systems, Zscaler, and Check Point Software Technologies. These firms are focused on strategic partnerships, product innovation, and cloud-native solution development. For example, Zscaler continues enhancing its Zero Trust architecture, while Palo Alto Networks invests in Al-driven threat detection to strengthen its Prisma Access platform and expand global market share. 'Palo Alto Networks (USA)', 'Cisco Systems (USA)', 'Fortinet (USA)', 'Zscaler (USA)', 'Check Point Software Technologies (Israel)', 'Barracuda Networks (USA)', 'SonicWall (USA)', 'Juniper Networks (USA)', 'Forcepoint (USA)', 'Sophos (United Kingdom)', 'WatchGuard Technologies (USA)', 'Cloudflare (USA)', 'Hillstone Networks (China)', 'Huawei Technologies (China)', 'Orange Cyberdefense (France)'

The widespread deployment of cloud computing in various industries is a key driver in the global firewall as a service market growth. With companies shifting operations to the cloud, conventional firewall solutions fall short. FWaaS provides scalable, cloud-native security, allowing effortless security for distributed networks, remote workers, and hybrid cloud environments with centralized management.

Rise of Zero Trust Architecture: Companies are widely embracing Zero Trust models, with this fueling demand for firewall as a service solutions providing identity-based security. This movement prioritizes ongoing validation and least-privilege access, rendering firewall as a service essential for implementing policies throughout cloud environments, remote workforces, and hybrid networks—substituting perimeter-based models with more dynamic, scalable, and threat-resistant options.

What Factors Drive the Scalability of Firewall Services in North America?

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Global Firewall As A Service Market
Firewall As a Service Market

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