(MENAFN- Comserve)
Shibuya-ku, Tokyo, Japan, Japan, Jan 11, 2022, 01:28 /Comserve / -- The global DNS firewall market is expected to grow from USD 90.5 million in 2018 to USD 169.7 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period.
With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment.
The global DNS firewall market is expected to grow from USD 90.5 million in 2018 to USD 169.7 million by 2023, at a Compound Annual Growth Rate (CAGR) of 13.4% during the forecast period. The extreme vulnerability of DNS to malware and Advanced Persistent Threat (APT) intrusions are some of the factors expected to drive the DNS firewall market. However, the Information Technology (IT) security budget concerns may act as the restraining factor for the growth of the DNS firewall market.
The virtual appliance segment is expected to grow at the highest CAGR during the forecast period.
The virtual appliance-based solutions facilitate the deployment of wide-area distributed computing infrastructure. Such solutions run on the Windows Operating System (OS) to create a virtual environment that resembles a completely separate computing environment. Hence, DNS firewall services provided by virtual appliances are equivalent to the security offered by hardware appliances.
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The Final Report will cover the impact analysis of COVID-19 on this industry: Domain Name System (DNS) Firewall Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast-2023 (Trending Report)
The BFSI end-use vertical is expected to account for the largest market share during the forecast period.
The BFSI end-use vertical is expected to grow at the highest CAGR during the forecast period, as organizations in this end-use vertical need security of products and services that can protect their employees, customers, assets, offices, branches, and operations. New and improved financial products and services are frequently introduced by vendors to enhance their business operations and expand the customer base, making the BFSI end-use vertical a lucrative target for fraudsters.
Asia Pacific is expected to grow at the highest CAGR during the forecast period.
In terms of the growth rate, Asia Pacific (APAC) is expected to grow at the highest growth rate during the forecast period. This is attributed to the presence of broad and diverse internet subscriber base in several APAC countries, technological advancements in industry verticals, and the increasing deployment of data centers and cloud infrastructure in this region.
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, innovation and technology directors, and executives from various key organizations operating in the DNS firewall market.
Fill This Form and get the Sample Copy of This Report:
The Final Report will cover the impact analysis of COVID-19 on this industry: Domain Name System (DNS) Firewall Market-Size By Business Function, By Component, By Deployment Model, By Organization Size, By End User, By Geographic Scope And Forecast-2023 (Trending Report)
The breakup of the profiles of primary participants is given below:
• By Company: Tier 1 – 27%, Tier 2 – 31%, and Tier 3 – 42%
• By Designation: C-Level – 35%, Director Level – 40%, and Others – 25%
• By Region: North America – 42%, Europe – 34%, and APAC – 24%
Research Coverage
The DNS firewall market has been segmented based on deployment types, end-users, end-use verticals, and regions. A detailed analysis of the key industry players has been done to provide insights into their business overview; services; key strategies; new service launches; partnerships, agreements, and collaborations; expansions; and competitive landscape associated with the global DNS firewall market.
Reasons to Buy the Report
The report is expected to help the market leaders/new entrants in the following ways:
• The report segments the DNS firewall market comprehensively and provides the closest approximations to the revenue numbers for the overall market and subsegments across different regions.
• The report helps stakeholders understand the pulse of the market and provides information on the key market drivers, restraints, challenges, and opportunities.
• The report helps stakeholders understand their competitors better and gain more insights to enhance their position in the market. The competitive landscape section includes competitor ecosystem, new services developments, partnerships, and acquisitions.
TABLE OF CONTENTS
1 INTRODUCTION 13
1.1 OBJECTIVES OF THE STUDY 13
1.2 MARKET DEFINITION 13
1.3 MARKET SCOPE 14
1.4 YEARS CONSIDERED FOR THE STUDY 14
1.5 CURRENCY CONSIDERED 15
1.6 STAKEHOLDERS 15
2 RESEARCH METHODOLOGY 16
2.1 RESEARCH DATA 16
2.2 SECONDARY DATA 17
2.3 PRIMARY DATA 17
2.3.1 BREAKDOWN OF PRIMARIES 18
2.3.2 KEY INDUSTRY INSIGHTS 18
2.4 MARKET SIZE ESTIMATION 20
2.5 RESEARCH ASSUMPTIONS 22
2.6 LIMITATIONS 22
3 EXECUTIVE SUMMARY 23
4 PREMIUM INSIGHTS 26
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE DNS FIREWALL MARKET 26
4.2 DNS FIREWALL MARKET, MARKET SHARE OF TOP 3 END-USE VERTICALS AND REGIONS 27
4.3 MARKET INVESTMENT SCENARIO 27
5 MARKET OVERVIEW AND INDUSTRY TRENDS 28
5.1 INTRODUCTION 28
5.2 DNS THREATS 28
5.3 MARKET DYNAMICS 29
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