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3. New product launches, partnerships, agreements, and acquisitions have been the most favored growth strategies adopted by major players in Network Security Firewall Market

The global network security firewall market size is expected to grow from USD 3.8 billion in 2020 to USD 10.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 22.9% during the forecast period. An increased demand for network security and privacy, advent of NextGen technologies for network security, and increasing new vulnerabilities in SS7, administrative regulations, and the advancement of digital transformation in the telecom industry are the major growth factors for the network security firewall market.

Major vendors in the network security firewall market include Sinch (Sweden), Cellusys (Ireland), AdaptiveMobile (Ireland), Mobileum (US), Tata Communication (India), AMD Telecom (Greece), Openmind Networks (Ireland), Anam (Ireland), SAP (Germany), Orange (France), Telecom Italia Sparkle (Italy), Twilio (US), BICS (Belgium), Route Mobile (India), PROTEI (Russia), Omobio (Sri Lanka), Sophos (UK), HPE (US), Nokia (Europe), Enghouse Network (US), Fortinet (US),Checkpoint Software (US), Mavenir (US), Sonicwall (US), Infobip(UK), Global Wavelet (US), Juniper Networks (US), Palo Alto Networks (US) and NetNumber (US). These players have adopted various growth strategies, including partnerships, agreements, collaborations, and new product launches, to further expand their presence in the global network security firewall market. New product launches, partnerships, agreements, and acquisitions have been the most favored growth strategies adopted by major players during 2016–2018, which helped them offer innovative products and broaden their customer base.

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Mobileum offers a wide range of network security solutions, such as mobile security firewall and signaling security analytics. Mobileum’s mobile security firewall provides cutting-edge solutions, which help mobile operators prevent threats in real time. The firewall consists of a rich set of features, such as connection management, message screening, and management of flooding messages, to prevent further Denial of Service (DoS) attacks at the subscriber’s end. In addition, the firewall is empowered with signaling analytics capabilities to avoid future unknown threats by analyzing the message patterns and volumes from the traffic on the network. The signaling analytics provides advanced analytics solutions, which leverage behavioral analytics to identify the location and intent of attack, and detect unexpected outlier designs with new attacks or attack types. In accordance with the mobile security firewall, the company provides interconnect revenue analytics solution to maximize the roaming revenue and minimize the revenue leakage by identifying and blocking the grey route and unauthorized traffic on the mobile operator’s network. Furthermore, the company offers usage fraud analytics to eliminate known frauds in real time and discover unknown frauds in near real time, thereby significantly reducing fraud runtimes.

Sinch offers a wide range of products for MNOs, MVNOs, and CSPs, which enables them to transform their business approach from network-centric to user and service-centric. Its solutions include policy control, online charging, and VAS, such as SMS, MMS, voicemail, IoT platforms, SMS Firewall, and SS7 Firewall. Sinch’s SMS Firewall solution helps mobile operators control the SMS traffic by using the rules-based filtering feature. This, in turn, increases the operator’s revenue and frees up the network bandwidth for mobile networks. SMS Firewall has a range of features, such as advanced filtering, anti-faking, anti-flooding, and SIM farm filter. It also provides firewall updates and managed services for mobile operators. The firewall solution is designed to assist operators for enhancing operational efficiency, network quality, service quality and customer experience, and revenue, and reducing operational cost. Along with SMS Firewall, the company also provides Signaling Firewalls to protect mobile operators and CSPs network from signaling attacks. Sinch has segmented its Signaling Firewall solutions into SS7 and Diameter firewall, which offers carrier-grade availability, flexible filter configurations, and powerful real-time filtering to ensure continuous protection against attacks in the network. Sinch Diameter Firewall provides stateful analysis, flexible filtering framework, and in-house developed diameter stack to detect, protect, and prevent malicious traffic in the operators’ LTE network.

Related Reports:

Network Security Firewall Market by Component, Solution (Signaling Firewall (SS7 and Diameter Firewall) and SMS Firewall (A2P and P2A Messaging)), Service (Professional Services and Managed Services), Deployment, and Region - Global Forecast to 2025

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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