The North America Network Security Firewall Market would witness market growth of 10.8% CAGR during the forecast period (2018 - 2024). North America is projected to hold the maximum market size in the network security firewall market over the forecast period, due to the novel US telecom regulatory body Federal Communications Commission (FCC). In comparison to old administration, they are fewer firms in comparison to old administration, by rolling back various stringent regulations of the previous regime. They provided advantages to most of the telecom operators to choose and implement new services and solution.
As stated by NASDAQ, the 4G LTE wireless penetration exists currently in a ratio of 83% across North America. This can majorly be attributed to most carriers? intention to upgrade to 5G wireless network standard which needs massive investment.
Based on Component, the market is segmented into Solutions and Services. Solutions is further bifurcated into SMS Firewall and Signaling Firewall. SMS Firewall is further segmented into A2P Messaging and P2A Messaging. Signaling Firewall is further segmented into SS7 Firewall and Diameter Firewall. Services is further bifurcated into Consulting, Integration & Deployment, Support & Maintenance, and Managed Services. Based on Deployment, the market is segmented into On-Premises, Cloud and Network Function Virtualization. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hewlett-Packard Enterprise, IBM Corporation, Dell technologies Inc., Cisco Systems Inc., Fortinet, SAP SE, Tata communications limited, Twilio Inc., Orange S.A., and AdaptiveMobile Security Ltd.
Market Segmentation:
By Component
By Deployment
By Country
Companies Profiled
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