How big is the firewall market?
According to 6Wresearch internal database and industry insights, the firewall market was valued at USD 12.6 Billion in 2024 and is expected to reach USD 22.3 Billion by 2031, growing at a compound annual growth rate (CAGR) of 8.4% during the forecast period (2025–2031).
Growing cyberattacks, the need for network perimeter security, and industry-wide modernization of digital infrastructure are all driving market expansion. Additionally, the demand for strong and flexible network security solutions is being increased by the rise in IoT devices and cloud service adoption.
Key Growth Factors of the Firewall Market
- Increase in DDoS, phishing, and ransomware attacks worldwide
- Growing use of cutting-edge network security systems
- Fast digitization in the manufacturing, government, and BFSI sectors
- Growing need for deep packet inspection in next-generation firewalls
- Multi-cloud and hybrid environment growth necessitates layered defense.
- Integrating AI and machine learning to enable automated responses and real-time threat detection.
Firewall Market Trends
Firewall market is evolving with AI-enhanced threat detection, deep learning intrusion prevention, and dynamic policy enforcement. Integration with SD-WAN and zero-trust frameworks is growing, along with centralized cloud-based firewall management systems.
Emerging Developments in the Firewall Market
Emerging developments in the firewall market include context-aware firewalls, microsegmentation, AI-driven traffic filtering, and unified threat management. Vendors are focusing on high-performance firewalls for 5G, IoT, and OT environments, along with automated threat correlation features.
Leading Companies in the Firewall Market
- Palo Alto Networks
- Fortinet, Inc.
- Cisco Systems
- Check Point Software Technologies
- Juniper Networks
- Sophos
- Huawei Technologies
How big is the firewall market : FAQs
The firewall market is projected to reach USD 22.3 Billion by 2031.
The firewall market is expected to grow at a CAGR of 8.4% during forecast period.
Next-generation firewalls (NGFW), web application firewalls (WAF), and cloud firewalls are in high demand.
BFSI, government, energy, retail, and telecom sectors are major adopters due to stringent compliance and rising security incidents.
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