Market Share of Firewall-as-a-Service Industry
The Firewall-as-a-Service market is fragmented with the presence of major players like Barracuda Networks, Inc., Cato Networks, Check Point Software Technologies, Inc., Cisco Systems, Inc., and Forcepoint. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
- February 2023 - Fortinet introduced a new ASIC that promises to meld the security and network functions of its core family of FortiGate firewalls more efficiently and powerfully. The custom chip is a 7-nanometer package, called a fifth-generation security processing system or FortiSP5, that promises several performance improvements for the FortiGate system.
- October 2022 - McAfee Corp., a leader in online security, introduced McAfee+ in the UK. This new product line includes all-new privacy and identity protections that let users live their lives online with confidence and security. The new McAfee+ product suite, which first debuted in the US, is now accessible in the UK and gives users access to extensive Personal Data Cleanup services, identity recovery assistance, lost wallet assistance, and the ability to secure all of their devices with world-class defense against threats.
Firewall as a Service Market Leaders
Barracuda Networks, Inc.
Cato Networks
Check Point Software Technologies, Inc.
Cisco Systems, Inc.
Forcepoint
*Disclaimer: Major Players sorted in no particular order
