Canada Firewall As A Service Market Size & Outlook

The firewall as a service market in Canada is expected to reach a projected revenue of US$ 923.1 million by 2030. A compound annual growth rate of 23.6% is expected of Canada firewall as a service market from 2024 to 2030.
Revenue, 2023 (US$M)
$209.6
Forecast, 2030 (US$M)
$923.1
CAGR, 2024 - 2030
23.6%
Report Coverage
Canada

Canada firewall as a service market highlights

  • The Canada firewall as a service market generated a revenue of USD 209.6 million in 2023 and is expected to reach USD 923.1 million by 2030.
  • The Canada market is expected to grow at a CAGR of 23.6% from 2024 to 2030.
  • In terms of segment, compliance & audit management was the largest revenue generating service type in 2023.
  • Managed Services is the most lucrative service type segment registering the fastest growth during the forecast period.


Firewall as a service market data book summary

Market revenue in 2023USD 209.6 million
Market revenue in 2030USD 923.1 million
Growth rate23.6% (CAGR from 2023 to 2030)
Largest segmentCompliance & audit management
Fastest growing segmentManaged Services
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationTraffic Monitoring & Control, Compliance & Audit Management, Reporting & Log Management, Automation & Orchestration, Security Management, Managed Services, Professional Services
Key market players worldwideCisco Systems Inc, Check Point Software Technologies Ltd, Juniper Networks Inc, The Cato Corp Class A, Palo Alto Networks Inc, Fortinet Inc, Francisco Partners, Sophos, Zscaler Inc


Other key industry trends

  • In terms of revenue, Canada accounted for 7.0% of the global firewall as a service market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. firewall as a service market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 923.1 million by 2030.

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Firewall As A Service Market Companies

Name Profile # Employees HQ Website

Canada firewall as a service market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to firewall as a service market will help companies and investors design strategic landscapes.


Compliance & audit management was the largest segment with a revenue share of 22.19% in 2023. Horizon Databook has segmented the Canada firewall as a service market based on traffic monitoring & control, compliance & audit management, reporting & log management, automation & orchestration, security management, managed services, professional services covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada firewall as a service market databook

  • Our clientele includes a mix of firewall as a service market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada firewall as a service market , including forecasts for subscribers. This country databook contains high-level insights into Canada firewall as a service market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada firewall as a service market size, by service type, 2018-2030 (US$M)

Canada Firewall As A Service Market Outlook Share, 2023 & 2030 (US$M)

Canada firewall as a service market size, by service type, 2018-2030 (US$M)

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