The Firewall-as-a-Service (FWaaS) market is anticipated to witness a CAGR of 22% between 2021 and 2026. Data breaches on public cloud to influence the FWaaS market demand. The enormous growth in cloud-based applications, surge in data breaches on the public cloud environment, and ever-changing firewall protocols for business organizations are some of the major factors influencing growth for the market. complexity in integrating hosted firewalls with on-premise fire walls and inadequate IT infrastructures in underdeveloped nations are obstructing market growth.
Source: https://www.helpnetsecurity.com/2021/05/25/fwaas-market-continues-to-grow/