Hardware Firewall Market Share

Statistics for the 2023 & 2024 Hardware Firewall market share, created by Mordor Intelligence™ Industry Reports. Hardware Firewall share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Hardware Firewall Industry

The Hardware Firewall Market is fragmented with the presence of major players like Bitdefender, Cisco Systems, Inc., Cujo LLC, Fortinet Inc., and Palo Alto Networks Inc. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain sustainable competitive advantage.

  • February 2023 - Sophos introduced 5G support for desktop firewalls of XGS models, and the company started offering a 5G cellular module for all XGS 116, 126, and 136 models (including w-models), which have a modular expansion bay to add additional connectivity. The new module enables 5G cellular network connections using the 5G Sub-6 bands, with download speeds of up to 4.5 Gbps and upload speeds of up to 660 Mbps (this may vary by carrier and region). The module also provides an automatic fallback to 3G and 4G LTE (Cat-20) networks.
  • September 2022 - Bitdefender announced it had entered a multi-year partnership with Ferrari S.p.A. to become a Cybersecurity global partner of Scuderia Ferrari, competing in the FIA Formula 1 World Championship.

Hardware Firewall Market Leaders

  1. Bitdefender

  2. Cisco Systems, Inc.

  3. Cujo LLC

  4. Fortinet Inc.

  5. Palo Alto Networks Inc.

*Disclaimer: Major Players sorted in no particular order

Hardware Firewall Market Concentration

Hardware Firewall Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)