Increasing demand for UTM from the SMEs, next-generation, and virtualization is expected to drive the market for cloud firewall.
Increased adoption of IoT and big data, growing spending on cloud deployment and service models, government initiatives towards the manufacturing sector, growth in the usage of smart devices and enterprise mobile technology will drive the market
Improvement in networking applications and technologies is boosting the underwater wireless communication ecosystem. The shift from wired to wireless communication has huge potential to grow in oil & gas refineries, defense, and research sector.
As the cloud infrastructure is growing, the demand for single tenancy and security improves the strength of the market, leading hardware segment to hold the majority of the share and reach $4,639.2 million by 2022, while services market will reach $3,616.2 million.