Technology & Telecommunications · Indirect
Monitoring · monthlyProcurement Category Intelligence
Network Firewall Security Equipment
Overview
Market size
$17.8B
global, USD
CAGR
11.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
5 high severity
Market outlook
2031$30.3B
What changed
Demand by region
North America demand45%
Europe, Middle East, and Africa demand28%
Asia Pacific demand20%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Proprietary software development and engineering labor40%
Advanced semiconductors and hardware components25%
Technical customer support and ongoing threat intelligence updates20%
Assembling, testing, and manufacturing overhead10%
Global logistics, distribution, and warehousing5%
share of delivered cost (analyst estimate)