Global Network Security Firewall Marketis valued at USD 3.26 Billion in 2018 And Expected to Reach USD 7.13 Billion by 2025 with the CAGR of 11.83% over the forecast period.
Global Firewall Scope:
A firewall is a network security solution that monitors overall network traffic and blocks data packets based on a set of security rules. A Firewall main objective is to create a barrier between internal network and incoming traffic from external bases such as the internet to block unauthorized traffic such viruses and hackers. In addition, the company can able to control how their employees connect to Web sites. Firewalls using mainly three methods to control traffic flow over the network. First method is packet filtering in which packets are examined against a set of filters. In second method is a proxy service in which information from the Internet is retrieved by the firewall and then sent to the requesting system. New firewalls solutions can filter traffic based on number of packets attributes such as source IP address, source port, and destination IP address, destination service like WWW or FTP.
Rise in network security concerns due to higher incidences of malware attacks, increasing demand for modern security techniques in corporate settings are some major factors contributed to an increasing demand of the global firewall market. Nowadays, many organizations integrate firewalls into a security system and event management (SIEM) strategy along with different cybersecurity devices. Firewalls can be fixed at an organization's network area to protect against malicious dangers, or within the network to control and identify against insider threats. In 2016, cybersecurity organization forecasted that cybercrime will cost the world USD 6 trillion per year by the end of 2021, up from USD 3 trillion in 2015. Cyber attacks have become the fastest growing crime in the U.S. However, network security is a major focus area for many operators, thus they are increasingly launching their 5G networks by implementing the required security measures with new firewall technology for managing network traffic in a complex environment.
Palo Alto Networks Launched World's First Ml-Powered Next-Generation Firewall (NGFW).
On June 17, 2020; Palo Alto has introduced the world's first ML-Powered Next-Generation Firewall (NGFW) that includes advanced technologies like machine learning (ML) which is in the core of the firewall to actively protect against serious threats along with securing all IoT devices, and meet security policies. The company has been introducing zero-delay protection, resultant in a 99.5% fall in systems infected. The NGFW uses machine learning to identify and determine large amounts of telemetry data, and further recommend policies. With PAN-OS 10.0 and IoT Security, organizations will be able to understand and adopt the IoT Security policy recommendations for device safety.
Top FirewallTrends 2020:
- Rise in Mobile Firewall:
Mobile Networks has become one of the huge Firewall trends. Latest connect-from-anywhere road technologies frequently test the traditional boundaries of network security. Firewalls are increasingly adopted in modern organizations as employees’ access services from multiple devices such as iPads, smartphones, tablets and PCs. all such types of devices require network security that not only monitor their security solutions but also improves upon PC solutions. In network security area, extending connectivity to small branch, home and offices is a primary focus for many organizations. A mobile firewall provides similar features just equivalent as a standard firewall and offers some guard specified features for the mobile clients connected to a network system. Also, this solution ensures a secure connection across the wired corporate network and covers the network to all authenticated mobile devices.
In addition to the above firewall trends, with the rise in mobile malware attacks and other security threats are initially targeting mobile, organizations need to understand that these devices can pose a security threat to corporate networks. Since, mobile firewall is being used to reduce threats and give protection against a complex network.
- Hardware driven Firewall for 5G Mobile Networks
Hardware driven firewall is another modern firewall trend. The recent progression from Fourth-Generation (4G) networks to the emerging Fifth-Generation (5G) technologies make transformative changes in the architecture that will create more demanding requirements on network infrastructures. One such requirement is network security firewall to ensure a secure network with zero downtime. A modern 5G firewall enables the finding, variation and selective blocking of 5G network traffic in the edge-to-core network section of a 5G infrastructure by using a hardware accelerated firewall based on Field Programmable Gate Arrays (FPGA).
According to the survey firewalls for 5G has been the topmost of firewall trend. A new signaling firewall delivers more security for multi-infrastructural network traffic as well as standalone 5G networks. Moreover, it also offers an additional layer of protection that the SEPP proxy alone cannot send.
- Web application Firewall Trend:
A web application firewall is an application firewall used for HTTP applications that includes protocols to an HTTP conversation, which is the most popular firewall trend in 2020. A web application firewall protects network applications in the cloud and on-premises along with the definite key security policies as well as management capabilities. This web based applications provides detailed graphical reporting capabilities to identify security position and comply with regulatory laws. It also generates pre defined and customizable reports at the end of monitoring process. In the face of this firewall trends, this web based solutions performs a complete examination of each request and response for all forms of web traffic. This inspection supports the web application firewall to identify and block external threats and preventing them from reaching the server.
- Cloud Firewall:
Another firewall trend is a cloud firewall. In recent years, a cloud firewall is gaining a huge prominence where this firewall is hosted in the cloud. Cloud based firewalls are just similar as traditional firewalls that form a barrier around an organization's internal network. Security and network protection for cloud based applications is a shared responsibility between the customer and the cloud service provider (CSP). Many organizations using cloud service provider services that are responsible for the security of the operating systems, platforms, access control, data and source code that at the top of the provider’s infrastructure. All these firewall trends will spur the growth of cloud based firewall.