FWaaS market continues to grow

2021-05-25 03:00

The enormous growth in cloud-based applications, surge in data breaches on the public cloud environment, and ever-changing firewall protocols for business organizations are some of the major factors influencing growth for the firewall-as-a-service in the global market.

Complexity in integrating hosted firewalls with on-premise firewalls and inadequate IT infrastructures in underdeveloped nations are obstructing market growth.

Data breaches on public cloud to influence the FWaaS market demand.

Countries across the globe are adopting FWaaS as a must needed service to protect their cloud environment and augment overall business functions.

As very few players are dominating the market with their technological expertise in firewall-as-a-Service, the global market for firewall-as-a-service is expected to be consolidated in nature.

All these players are involved in several strategic development initiatives such as partnerships, new product development, market expansions, and others to maintain their key position in this competitive market.

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