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1. Network Security Firewall Market
to grow significantly by 2023
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2. The Global Network Security Firewall market size is expected to grow from
USD 3 billion in 2018 to USD 5.3 billion by 2023 at a CAGR of 12.2% during
the forecast period, as cited in the recent research report titled ‘Network
Security Firewall market’ published by market research company
MarketsandMarkets.
With growing numbers of interconnected devices, security breach issues are
drastically increasing as hackers have come up with alternative ways such as
SMS, spams and likewise. With this, the privacy for personal information is
at stake.
Network Security Firewall: A wall protecting our system
The firewall is considered as a wall that creates a barrier between trusted
and untrusted networks like the Internet. This network security device
monitors traffic and blocks unwanted content as per security rules.
The major components of the Network Security Firewall are real-time
streaming analysis and filtering of Signaling System 7 (SS7) vulnerabilities.
The work of telecom companies is to use security firewall tools to remove
traffic packets that are transmitted and received at both ends. They are
constantly checking network behaviour to get rid of malicious content.
Key Takeaways from the Report
1. According to this report, this market generates its revenues from vendors
offering Network Security Firewall services who might be benefited since
more investment is expected to reduce data breach issues.
2. The report helps the stakeholders to understand the challenges and
opportunities that can be obtained in this market.
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3. 3. Service providers will have to work towards making their products and
services effective that may bring competition. There are huge possibilities of
new developments, partnerships, mergers and acquisitions in order to make
their services stand out.
4. The Middle East and Africa (MEA) market will grow drastically as telecom
operators will have to provide firewall services across all their networks.
Giving more importance to data integrity, GBB caters with the best data
security solutions like anti-ransomware, encryption solutions, data loss
prevention, enterprise data privacy and such for IT and business demands.
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4. The prominent network security firewall vendor in Hyderabad will help you
secure your IT network hub with our network security firewall solutions.
Contact us now!
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