According to a new report, published by KBV research, The Global DNS Firewall Market size is expected to reach $506 million by 2030, rising at a market growth of 17.2% CAGR during the forecast period.
The Enterprises segment exhibits a CAGR of 16.3 % during the forecast period. Enterprises use DNS firewalls as a critical component of their cybersecurity infrastructure to enhance network security, protect against various threats, and ensure the integrity and availability of their network resources. Enterprises can use DNS firewalls to enforce content filtering policies. These policies restrict access to certain websites or categories of websites based on the organization's requirements. For example, organizations may block access to gambling or adult content sites to maintain a productive and safe work environment.
The BFSI segment is registering maximum revenue in the Global DNS Firewall Market, by Vertical in 2022; thereby, achieving a market value of $108 million by 2030. The development of the BFSI segment for DNS firewall solutions is driven by the sector's unique security needs and regulatory requirements. As the financial industry continues to digitize and expand its online services, DNS firewall solutions will protect against a wide range of DNS-based threats and ensure the security and trustworthiness of financial transactions and data.
The On-Premise segment would experience a CAGR of 16.6 % during the forecast period. On-premise DNS firewall solutions can offer lower latency compared to cloud-based counterparts. This is important for applications that require real-time DNS resolution, such as online gaming, VoIP services, and financial transactions. Reduced latency can provide a better user experience and enhance the overall performance of these applications. Certain industries and regions have specific compliance and regulatory requirements regarding data handling and storage.
The North America region dominated the Global DNS Firewall Market, by region in 2022; thereby, achieving a market value of $175 million by 2030. The Europe region is anticipated to grow a CAGR of 17% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 17.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/dns-firewall-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of F5, Inc., DigiCert, Inc. (Clearlake Capital Group, L.P.), IBM corporation, Cisco Systems, Inc., Cloudflare, Inc., Xcitium, Inc., Allied Telesis Holdings Co., Ltd., Infoblox Inc. (Warburg Pincus LLC), EfficentIP and BlueCat Networks, Inc. (Madison Dearborn Partners).
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