Europe Enterprise Firewall Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 3.57 Billion |
| Market Size (2029) | USD 6.32 Billion |
| CAGR (2024 - 2029) | 9.95 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Enterprise Firewall Market Analysis
The Europe Enterprise Firewall Market size is estimated at USD 3.57 billion in 2024, and is expected to reach USD 6.32 billion by 2029, growing at a CAGR of 9.95% during the forecast period (2024-2029).
As the cybersecurity skills gap persists, enterprises in the coming years may seek firewalls as an optimal solution that is easier to manage and requires less specialized expertise for configuration and monitoring.
- Enterprise firewalls are essential units of network security. They examine the flow of inbound and outbound data packets in an enterprise network against a set of predefined values to detect any malicious activity in the network.
- Moreover, Europe has some of the strictest data protection regulations worldwide, such as the General Data Protection Regulation (GDPR). For example, the European Data Protection Board (EDPB) is an independent organization responsible for ensuring that data protection laws are consistently followed across the entire European Union. The General Data Protection Regulation (GDPR) created the EDPB. Enterprises operating in the region are compelled to implement robust security measures, including firewalls, to ensure compliance with these regulations and protect user data.
- Moreover, the zero trust security model gained traction, emphasizing the principle of "never trust, always verify." Firewalls played a key role in enforcing access controls based on user identity, device posture, and other contextual factors. According to Okta's report, in 2021, 82% of European organizations boosted their Zero Trust expenditures, while no company in the region reported a drop. This occurs when budget cuts have been prevalent, highlighting the significance of Zero Trust as a security solution.
- With the emergence of cloud technology, firewalls are now being deployed, which offer a bundled solution that ensures the availability of a firewall on any device, addresses any traffic workload, and enforces similar policies across the organization.
- The rapid use of web applications, rapid adoption of cloud technologies, and the increasing demand for security services to mitigate the risk of cyberattacks are also driving the growth of the enterprise firewall market in Europe. In order to protect the data & information from security breaches and cyber-attacks, the implementation of network security firewalls is growing across various end-use enterprises. Consequently, driving the growth of the overall network security firewalls market.
- However, organizations with legacy systems or outdated network architectures in the region might need help with compatibility issues when implementing modern firewall solutions. This could delay or hinder the adoption of advanced firewalls.
- Further, COVID-19 had a significant impact on the enterprise firewall market in Europe. As businesses transitioned to cloud-based operations to ensure business continuity, the need for cloud security solutions, including cloud-native firewalls, grew. This trend contributed to the demand for firewalls that could secure cloud environments.
Europe Enterprise Firewall Market Trends
Increasing adoption of Cloud Services among Enterprises to Drive the Market Growth
- Organizational processes have been significantly altered by cloud services, which offer scalability, flexibility, and accessibility to resources. However, as more individuals utilize cloud services, the demand for strong security measures, such as corporate firewalls, to safeguard the data, apps, and infrastructure used in cloud-based environments is rising.
- Businesses all around Europe are undertaking a digital transformation to increase productivity, reorganize workflows, and innovate in response to shifting consumer needs. By delivering scalable infrastructure, Software as a Service (SaaS) applications, and Platform as a Service (PaaS) options, cloud services serve as a framework for this transformation. However, this transition requires adequate security solutions to protect cloud-based assets.
- For instance, the majority (94%) of EU businesses who purchased cloud computing services also utilized at least one cloud Software as a Service (SaaS), which includes security software applications as a cloud service, according to Eurostat. Additionally, the adoption of cloud SaaS across all corporate sizes has been reported to be approximately 94%, which signifies the widespread adoption of cloud-based applications, including security solutions. This high adoption rate indicates businesses are embracing cloud-based tools to enhance their operations, including cybersecurity.
- Also, the complexities of the threat landscape increase with the growth of cloud computing, highlighting the need for modern security solutions that can defend against the upsurge in malware and ransomware assaults and offer consistent security across cloud systems. As per SonicWall Cyber Threat Report 2022, Malware assaults and ransomware efforts significantly increased in Europe by 29% and 63%, respectively, year over year. In addition, seven of the top 11 ransomware target nations in terms of volume were in Europe (United Kingdom, Italy, Germany, Netherlands, Norway, Poland, and Ukraine), indicating a change in the region's cyber threat environment.
United Kingdom is Expected to Hold a Significant Market Share
- The United Kingdom boasts a robust and mature cybersecurity ecosystem that includes various cybersecurity companies, research institutions, and skilled professionals. This ecosystem fosters innovation and the development of advanced cybersecurity solutions, including enterprise firewall technologies.
- Many international enterprises, financial institutions, and technological firms operate in the United Kingdom, a major financial and business center. Enterprise firewalls are in considerable demand as a result of these enterprises' necessity for advanced cybersecurity solutions to safeguard their confidential data, intellectual property, and consumer data.
- Also, the country is actively pursuing digital transformation across various industries. As organizations modernize their operations, adopt cloud services, and embrace IoT devices, the need for advanced firewall solutions to secure these digital initiatives becomes crucial.
- Moreover, in 2022, according to DSIT UK, most of the United Kingdom's registered cyber security companies provided professional cyber services, including offering guidance, products, or solutions associated with cyber security. Network security was recorded to be registering around 61%, the second most significant service that businesses offered the most frequently. Such significant network security registered firms in the country align closely with the functionalities of enterprise firewalls, which play a crucial role in safeguarding networks from unauthorized access, data breaches, malware, and other cyber attacks.
- Additionally, the nation is host to a pool of knowledgeable cybersecurity experts who contribute to the creation, application, and administration of firewall systems. For instance, the Office for National Statistics (UK) reported that the IT, software, and computer services sub-sector in the UK's creative industries employed more than one million individuals as of September 2022, compared with the previous year, recording 940,000. About 108,000 of these individuals were self-employed. Such a significant growth rate in the workforce supports the deployment of sophisticated security measures across industries.
Europe Enterprise Firewall Industry Overview
The Europe enterprise firewall market is expected to be moderately fragmented owing to the presence of global and local players. The players are actively engaging in partnerships and collaborations to enhance their solutions through combined expertise in the industry. Prominent players in the enterprise firewall market include Cisco Systems, Dell Inc., Palo Alto Networks, and Fortinet Inc.
In May 2023, Palo Alto Networks announced that as a fully managed Azure-native ISV service, the firm will deliver its ML-powered next-generation Firewall (NGFW) to Microsoft Azure. Cloud NGFW for Azure provides a complete security solution with advanced capabilities, including Advanced Threat Prevention, Advanced URL Filtering, WildFire, and DNS Security. Moreover, the firm mentioned that Cloud NGFW for Azure is made available in West Europe.
In February 2023, Sophos, a United Kingdom-based cybersecurity service provider, announced the expansion of its next-generation firewall portfolio with two new enterprise-grade XGS Series appliances. The new XGS 7500 and 8500 models may offer large enterprises and campus installations optimal performance and protection, expanding market prospects for the supporting channel partners.
Europe Enterprise Firewall Market Leaders
Fortinet Inc.
Palo Alto Networks Inc
McAfee (Intel Security Group)
Cisco Systems Inc.
Dell Inc.
*Disclaimer: Major Players sorted in no particular order
Europe Enterprise Firewall Market News
- June 2023: SonicWall launched monthly firewall security services packages available for authorized Managed Service Providers (MSPs) and Managed Security Service Providers (MSSPs). The Capture Advanced Threat Protection (ATP) sandbox service, the patented Real-Time Deep Memory Inspection (RTDMI), intrusion prevention and application control, content filtering and reporting capabilities, as well as several other essential firewall security services, are all included in the SonicWall protection suites.
- January 2023: ThriveDX, a cybersecurity and digital skills training provider, announced launching a road tour across Europe from January to February 2023 to address the industry's talent scarcity, skills gap, lack of diversity, and lack of inclusion in the field of cybersecurity by introducing the company's innovative human factor security solutions to Exclusive Networks' community of more than 25,000 partners. The business has announced its plans to collaborate with thousands of its current and potential European partners and clients to build a human firewall throughout each of its enterprises.
Europe Enterprise FirewallMarket Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness- Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitutes
4.3.5 Intensity of Competitive Rivalry
4.4 Assessment of the Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increasing adoption of Cloud Services among Enterprises
5.1.2 Developing Cyber Threat Environment
5.1.3 Increasing Awareness of Data Privacy and Consequences of Data Breaches
5.2 Market Restraints
5.2.1 Difficulty in Integrating Firewalls with Existing Network Infrastructure
5.2.2 Complexity of Deploying and Managing Firewalls due to Limited Expertise
6. TECHNOLOGY SNAPSHOT
7. MARKET SEGMENTATION
7.1 By Type of Deployment
7.1.1 On-premises
7.1.2 Cloud
7.2 By Solution
7.2.1 Hardware
7.2.2 Software
7.2.3 Services
7.3 By Size of the Organization
7.3.1 Small to Medium Organizations
7.3.2 Large Organizations
7.4 By End-User Verticals
7.4.1 Healthcare
7.4.2 Manufacturing
7.4.3 Government
7.4.4 Retail
7.4.5 Education
7.4.6 Financial Services
7.4.7 Other End-User Verticals
7.5 By Country
7.5.1 Germany
7.5.2 United Kingdom
7.5.3 France
7.5.4 Russia
7.5.5 Spain
7.5.6 Others
8. COMPETITIVE LANDSCAPE
8.1 Company Profiles*
8.1.1 Fortinet Inc.
8.1.2 Palo Alto Networks
8.1.3 McAfee (Intel Security Group)
8.1.4 Dell Inc.
8.1.5 Cisco Systems Inc.
8.1.6 The Hewlett-Packard Company
8.1.7 Juniper Networks
8.1.8 Check Point Software Technologies
8.1.9 Huawei Technologies Inc.
8.1.10 Sophos Group PLC
8.1.11 Netasq SA
8.1.12 WatchGuard Technologies
8.1.13 SonicWall Inc.
9. INVESTMENT ANALYSIS
10. FUTURE OF THE MARKET
Europe Enterprise Firewall Industry Segmentation
A firewall is a network device that monitors packets in and out of the network and blocks or allows packets according to rules set to define permitted and unauthorized traffic. Several types of firewalls have been developed over the years, becoming increasingly complex, considering more parameters when deciding whether to allow traffic through. Firewalls started as packet filters, but the latest ones do much more.
The Europe enterprise firewall market is segmented by type of deployment (on-premises and cloud), solution ( hardware, software, and services), size of the organization (small to medium organizations and large organizations), end-user verticals (healthcare, manufacturing, government, retail, education, financial services, and other end-user verticals), country (Germany, United Kingdom, France, Russia, Spain, and Other Countries). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By Type of Deployment | |
| On-premises | |
| Cloud |
| By Solution | |
| Hardware | |
| Software | |
| Services |
| By Size of the Organization | |
| Small to Medium Organizations | |
| Large Organizations |
| By End-User Verticals | |
| Healthcare | |
| Manufacturing | |
| Government | |
| Retail | |
| Education | |
| Financial Services | |
| Other End-User Verticals |
| By Country | |
| Germany | |
| United Kingdom | |
| France | |
| Russia | |
| Spain | |
| Others |
Europe Enterprise FirewallMarket Research FAQs
How big is the Europe Enterprise Firewall Market?
The Europe Enterprise Firewall Market size is expected to reach USD 3.57 billion in 2024 and grow at a CAGR of 9.95% to reach USD 6.32 billion by 2029.
What is the current Europe Enterprise Firewall Market size?
In 2024, the Europe Enterprise Firewall Market size is expected to reach USD 3.57 billion.
Who are the key players in Europe Enterprise Firewall Market?
Fortinet Inc., Palo Alto Networks Inc, McAfee (Intel Security Group), Cisco Systems Inc. and Dell Inc. are the major companies operating in the Europe Enterprise Firewall Market.
What years does this Europe Enterprise Firewall Market cover, and what was the market size in 2023?
In 2023, the Europe Enterprise Firewall Market size was estimated at USD 3.25 billion. The report covers the Europe Enterprise Firewall Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Enterprise Firewall Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Enterprise FirewallIndustry Report
Statistics for the 2024 Europe Enterprise Firewall market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Enterprise Firewall analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
