Palo Alto Networks Firewall Market Share

About palo alto firewalls.

Palo alto networks firewall market share.

With the highest market share in network security equipment more enterprises choose us as their security partner. Of fortune 100 rely on palo alto networks. For the current quarter palo alto expects revenues of 835 850 million. The company s core products are a platform that includes advanced firewalls designed to provide network security visibility and granular control of network activity based on application user and content identification and cloud based offerings that extend those firewalls to cover other aspects of security.

Gartner recognized palo alto networks as a leader for the eighth time in its 2019 magic quadrant for network firewalls. Palo alto networks defined the network security market with our next generation firewall. It appears to be virtual instances of pan s firewall spun up in various data centers around the. Are up more than 2 in premarket trading wednesday after btig analyst gray powell upgraded the stock to buy from.

The report by analyst sterling auty said palo alto networks current market share standing is around 7 percent a number it expects to rise to 24 percent in the next nine years stepping into. Global network firewall market report 2018 2022 featuring check point cisco forcepoint fortinet juniper networks palo alto networks sonicwall watchguard press release pr newswire nov. Not only did palo alto networks fail to meet market expectations on revenues for the quarter but its outlook was also weak. For fiscal q2 ended in january palo alto networks is expected to report 318 3 million in sales and 39 cents earnings per share ex items up 46 and 105 respectively vs.

We ve achieved the highest position for ability to execute and furthest position for completeness of vision in the magic quadrant. Palo alto networks stock gains after btig upgrade shares of palo alto networks inc. The secondary market policy for previously owned palo alto networks devices provides you with the necessary steps required to ensure that the secondary market device can be supported and used. Palo alto networks is a leading security vendor by market cap with a valuation of 22 billion.