Next-Generation Firewall Market- Global Industry Analysis and Forecast (2023-2029)


Next-Generation Firewall Market size is expected to grow at 12.3% throughout the forecast period, reaching nearly US$ 8.56 Bn by 2029.

This is a comprehensive global report focused on the current and future prospects of the Global Next-Generation Firewall Market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. Global Next-Generation Firewall MarketTo know about the Research Methodology :- Request Free Sample Report

An in-depth analysis of past trends, future trends, demographics, technological advancements, and regulatory requirements for the Global Next-Generation Firewall Market has been done in order to calculate the growth rates for each segments and sub-segments.The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.

The key driving factor for this market include the growing adoption of IoT Trend, various function and advantages for the next level firewall systems. The growing opportunities for the growth of virtual next generation firewall systems is anticipated to lead the market share over the forecast period.

Geographically, the Global Next-Generation Firewall Market has been segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The swift growth of the market in the North America region is expected to be the fastest-growing region in the Global Next-Generation Firewall Market. The growth in the region is attributed to the increasing adoption of IoT devices and BYOD technologies within organizations.

Next-Generation Firewall Market Key Highlights:

• Complete analysis with respect to individual growth trends are incorporated within the scope of our study.
• Assessment of market definition along with the identification of key drivers, restraints opportunities for this market
• Comprehensive analysis of factors that are instrumental in changing the market scenario, prospective opportunities, market shares, growth strategies along with identification of key companies are profiled.
• Detailed quantitative analysis of the current and future trends for the forecast period has been profiled.
• Global Next-Generation Firewall Market analysis and segmentation with respect to solution, services, organization size, vertical and geography.
• Global Next-Generation Firewall Market analysis and forecast for five major geographies- North America, Europe, Asia Pacific, Middle East & Africa and Latin America along with their key regions

The years that have been considered for the study are:

• Base year – 2022
• Estimated year – 2023
• Forecast period – 2023 to 2029

Next-Generation Firewall Market Research Methodology:

The market is estimated by triangulation of data points obtained from various sources and feeding them into a simulation model created individually for each market. The data points are obtained from paid and unpaid sources along with paid primary interviews with key opinion leaders (KOLs) in the market. KOLs from both, demand and supply side were considered while conducting interviews to get unbiased idea of the market. This exercise was done at country level to get fair idea of the market in countries considered for this study. Later this country specific data was accumulated to come up with regional numbers and then arrive at global market value for Global Next-Generation Firewall Market.Global Next-Generation Firewall Market

Key Target Audience:

• Government agencies
• NGFW vendors
• Cybersecurity vendors
• Network solution providers
• Consulting firms
• Independent software vendors
• System integrators
• Information Technology (IT) security agencies
• Value-Added Resellers (VARs)
• Managed Security Service Providers

The objective of the report is to present comprehensive Global Next-Generation Firewall Market  including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Next-Generation Firewall Market  North America for Asia Pacific dynamics, structure by analyzing the market segments, and project the Global Next-Generation Firewall Market  North America for Asia Pacific   size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Next-Generation Firewall Market  North America for Asia Pacific make the report investor’s guide.

Geographic Analysis:

• Breakdown of North America Next-Generation Firewall Market
• Breakdown of Europe Next-Generation Firewall Market
• Breakdown of Asia Pacific Next-Generation Firewall Market
• Breakdown of Middle East & Africa Next-Generation Firewall Market
• Breakdown of Latin America Next-Generation Firewall Market

Research report categorizes the Global Next-Generation Firewall Market based on solution, services, organization size, vertical and geography (region wise). Market size by value is estimated and forecasted with the revenues of leading companies operating in the Global Next-Generation Firewall Market with key developments in companies and market trends

Scope of the Global Next-Generation Firewall Market: Inquire before buying






Global Next-Generation Firewall Market




Report Coverage
Details




Base Year:
2022
Forecast Period:
2023-2029




Historical Data:
2017 to 2022
Market Size in 2022:
US $ 3.80 Bn.




Forecast Period 2023 to 2029 CAGR:
12.3%
Market Size in 2029:
US $ 8.56 Bn.




 Segments Covered:
by Solution
• Virtual
• Hardware
• Cloud




by Services
• Consulting Services
• Training & Education
• Managed Services
• Professional Services
• Support & Maintenance
• System Integration
• On-Premises




by Organization Size
• Large Enterprises
• Small and Medium Enterprises




by Vertical
• Banking, Financial Services, and Insurance (BFSI)
• IT & Telecom
• Healthcare
• Education
• Retail
• Government & Public Utilities
• Energy & Utilities
• Others






Next-Generation Firewall Market, by Region

• North America (United States, Canada and Mexico)
• Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
• Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
• Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
• South America (Brazil, Argentina Rest of South America)

Next-Generation Firewall Market Key Players are:

• Check Point Software Technologies Ltd.
• Barracuda Networks, Inc.
• Sonicwall Inc.
• Forcepoint LLC
• Hillstone Networks
• Gajsheild Infotech Pvt Ltd.
• Cisco Systems, Inc.
• Palo Alto Networks, Inc.
• Portinet, Inc.
• Zscaler, Inc.
• Juniper Networks
• Sophos, Ltd.
• Fortinet, Inc.
• WatchGuard Technologies
• Dell Technologies
• Huawei Technologies Co. Ltd
• Sonicwall Inc.

Frequently Asked questions

1. Which region has the largest share in Global Next-Generation Firewall Market?
Ans: Asia Pacific region held the highest share in 2022.

2. What is the growth rate of Global Next-Generation Firewall Market?
Ans: The Global Next-Generation Firewall Market is growing at a CAGR of 12.3% during forecasting period 2023-2029.

3. What is scope of the Global Next-Generation Firewall Market report?
Ans: Global Next-Generation Firewall Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Next-Generation Firewall Market?
Ans: The important key players in the Global Next-Generation Firewall Market are – Check Point Software Technologies Ltd., Barracuda Networks, Inc.,Sonicwall Inc.,Forcepoint LLC,Hillstone Networks ,Gajsheild Infotech Pvt Ltd., Cisco Systems, Inc. ,Palo Alto Networks, Inc.

5. What is the study period of this Market?
Ans: The Global Next-Generation Firewall Market is studied from 2022 to 2029. 




1. EXECUTIVE SUMMARY
2. RESEARCH METHODOLOGY
2.1. Market Definition
2.2. Market Scope
2.3. Data Sources
3. MARKET DYNAMICS
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. VERTICAL OVERVIEW
4.1. Key Trends
5. GLOBAL NEXT-GENERATION FIREWALL MARKET, BY SOLUTIONS (2019-2026)
5.1. Introduction
5.2. Global Next-Generation Firewall Market, by Virtual
5.2.1. Virtual Market Overview
5.2.2. Virtual Market Size & Forecast
5.3. Global Next-Generation Firewall Market, by Hardware
5.3.1. Hardware Market Overview
5.3.2. Hardware Market Size & Forecast
5.4. Global Next-Generation Firewall Market, by Cloud
5.4.1. Cloud Market Overview
5.4.2. Cloud Market Size & Forecast
5.5. Global Next-Generation Firewall Market, by Trends
6. GLOBAL NEXT-GENERATION FIREWALL MARKET, BY SERVICE (2019-2026)
6.1. Introduction
6.2. Global Next-Generation Firewall Market, by Consulting Services
6.2.1. Consulting Services Market Overview
6.2.2. Consulting Services Market Size & Forecast
6.3. Global Next-Generation Firewall Market, by Training & Education
6.3.1. Training & Education Market Overview
6.3.2. Training & Education Market Size & Forecast
6.4. Global Next-Generation Firewall Market, by Managed Services
6.4.1. Managed Services Market Overview
6.4.2. Managed Services Market Size & Forecast
6.5. Global Next-Generation Firewall Market, by Professional Services
6.5.1. Professional Services Market Overview
6.5.2. Professional Services Market Size & Forecast
6.6. Global Next-Generation Firewall Market, by Support & Maintenance
6.6.1. Support & Maintenance Market Overview
6.6.2. Support & Maintenance Market Size & Forecast
6.7. Global Next-Generation Firewall Market, by System Integration
6.7.1. System Integration Market Overview
6.7.2. System Integration Market Size & Forecast
6.8. Global Next-Generation Firewall Market, by Trends
7. GLOBAL NEXT-GENERATION FIREWALL MARKET, BY ORGANIZATION SIZE (2019-2026)
7.1. Introduction
7.2. Global Next-Generation Firewall Market, by Large Enterprises
7.2.1. Switches Market Overview
7.2.2. Switches Market Size & Forecast
7.3. Global Next-Generation Firewall Market, by Small & Medium Enterprises
7.3.1. Small & Medium Enterprises Market Overview
7.3.2. Small & Medium Enterprises Market Size & Forecast
7.4. Global Next-Generation Firewall Market, by Trends
8. GLOBAL NEXT-GENERATION FIREWALL MARKET, BY VERTICAL (2019-2026)
8.1. Introduction
8.2. Global Next-Generation Firewall Market, by BFSI
8.2.1. BFSI Market Overview
8.2.2. BFSI Market Size & Forecast
8.3. Global Next-Generation Firewall Market, by Government & Public Utilities
8.3.1. Government Market Overview
8.3.2. Government Market Size & Forecast
8.4. Global Next-Generation Firewall Market, by Retail
8.4.1. Retail Market Overview
8.4.2. Retail Market Size & Forecast
8.5. Global Next-Generation Firewall Market, by Energy & Utilities
8.5.1. Energy & Utilities Market Overview
8.5.2. Energy & Utilities Market Size & Forecast
8.6. Global Next-Generation Firewall Market, by Healthcare
8.6.1. Healthcare Market Overview
8.6.2. Healthcare Market Size & Forecast
8.7. Global Next-Generation Firewall Market, by IT & Telecom
8.7.1. IT & Telecom Market Overview
8.7.2. IT & Telecom Market Size & Forecast
8.8. Global Next-Generation Firewall Market, by Education
8.8.1. Education Market Overview
8.8.2. Education Market Size & Forecast
8.9. Global Next-Generation Firewall Market, by Others
8.9.1. Others Market Overview
8.9.2. Others Market Size & Forecast
8.10. Global Next-Generation Firewall Market, by Trends
9. GLOBAL Next-Generation Firewall MARKET, BY GEOGRAPHY (2019-2026)
9.1. North America Next-Generation Firewall Market
9.1.1. North America Next-Generation Firewall Market, by Solution
9.1.2. North America Next-Generation Firewall Market, by Service
9.1.3. North America Next-Generation Firewall Market, Organization Size
9.1.4. North America Next-Generation Firewall Market, by Vertical
9.1.5. North America Next-Generation Firewall Market, by Region
9.1.5.1. U.S. Next-Generation Firewall Market
9.1.5.2. Canada Next-Generation Firewall Market
9.1.5.3. Rest of North America Next-Generation Firewall Market
9.2. Europe Next-Generation Firewall Market
9.2.1. Europe Next-Generation Firewall Market, by Solution
9.2.2. Europe Next-Generation Firewall Market, by Service
9.2.3. Europe Next-Generation Firewall Market, Organization Size
9.2.4. Europe Next-Generation Firewall Market, by Vertical
9.2.5. Europe Next-Generation Firewall Market, by Region
9.2.5.1. France Global Next-Generation Firewall Market
9.2.5.2. Germany Global Next-Generation Firewall Market
9.2.5.3. U.K .Global Next-Generation Firewall Market
9.2.5.4. Rest of Europe Global Next-Generation Firewall Market
9.3. Asia Pacific Next-Generation Firewall Market
9.3.1. Asia-Pacific Next-Generation Firewall Market, by Solution
9.3.2. Asia-Pacific Next-Generation Firewall Market, by Service
9.3.3. Asia-Pacific Next-Generation Firewall Market, Organization Size
9.3.4. Asia-Pacific Next-Generation Firewall Market, by Vertical
9.3.5. Asia-Pacific Next-Generation Firewall Market, by Region
9.3.5.1. China Next-Generation Firewall Market
9.3.5.2. Japan Next-Generation Firewall Market
9.3.5.3. India Next-Generation Firewall Market
9.3.5.4. Australia Next-Generation Firewall Market
9.3.5.5. South Korea Next-Generation Firewall Market
9.3.5.6. Rest of Asia Pacific Next-Generation Firewall Market
9.4. Middle East & Africa Next-Generation Firewall Market
9.4.1. Middle East & Africa Next-Generation Firewall Market, by Solution
9.4.2. Middle East & Africa Next-Generation Firewall Market, by Service
9.4.3. Middle East & Africa Next-Generation Firewall Market, Organization Size
9.4.4. Middle East & Africa Next-Generation Firewall Market, by Vertical
9.4.5. Middle East & Africa Next-Generation Firewall Market, by Region
9.4.5.1. North Africa Next-Generation Firewall Market
9.4.5.2. South Africa Next-Generation Firewall Market
9.4.5.3. GCC Next-Generation Firewall Market
9.4.5.4. Egypt Next-Generation Firewall Market
9.4.5.5. Nigeria Next-Generation Firewall Market
9.4.5.6. Rest of Middle East & Africa Next-Generation Firewall Market
9.5. Latin America Next-Generation Firewall Market
9.5.1. Latin America Next-Generation Firewall Market, by Solution
9.5.2. Latin America Next-Generation Firewall Market, by Service
9.5.3. Latin America Next-Generation Firewall Market, Organization Size
9.5.4. Latin America Next-Generation Firewall Market, by Vertical
9.5.5. Latin America Next-Generation Firewall Market, by Region
9.5.5.1. Brazil Next-Generation Firewall Market
9.5.5.2. Argentina Next-Generation Firewall Market
9.5.5.3. Columbia Next-Generation Firewall Market
9.5.5.4. Mexico Next-Generation Firewall Market
9.5.5.5. Rest of Latin America Next-Generation Firewall Market
10. MARKET COMPETITION ANALYSIS
10.1 Market Share/Positioning Analysis
10.2 Key Innovators
10.3 Company Profiles
10.3.1 Check Point Software Technologies Ltd.
10.3.1.1 Overview
10.3.1.2 Products/ Vertical
10.3.1.3 Strategy
10.3.1.4 Key Developments
10.3.2 Barracuda Networks, Inc.
10.3.2.1 Overview
10.3.2.2 Products/ Vertical
10.3.2.3 Strategy
10.3.2.4 Key Developments
10.3.3 Sonicwall Inc.
10.3.3.1 Overview
10.3.3.2 Products/ Vertical
10.3.3.3 Strategy
10.3.3.4 Key Developments
10.3.4 Forcepoint LLC
10.3.4.1 Overview
10.3.4.2 Products/ Vertical
10.3.4.3 Strategy
10.3.4.4 Key Developments
10.3.5 Hillstone Networks
10.3.5.1 Overview
10.3.5.2 Products/ Vertical
10.3.5.3 Strategy
10.3.5.4 Key Developments
10.3.6 Gajsheild Infotech Pvt Ltd.
10.3.6.1 Overview
10.3.6.2 Products/ Vertical
10.3.6.3 Strategy
10.3.6.4 Key Developments
10.3.7 Cisco Systems, Inc.
10.3.7.1 Overview
10.3.7.2 Products/ Vertical
10.3.7.3 Strategy
10.3.7.4 Key Developments
10.3.8 Palo Alto Networks, Inc.
10.3.8.1 Overview
10.3.8.2 Products/ Vertical
10.3.8.3 Strategy
10.3.8.4 Key Developments
10.3.9 Portinet, Inc.
10.3.9.1 Overview
10.3.9.2 Products/ Vertical
10.3.9.3 Strategy
10.3.9.4 Key Developments
10.3.10 Zscaler, Inc.
10.3.10.1 Overview
10.3.10.2 Products/ Vertical
10.3.10.3 Strategy
10.3.10.4 Key Developments
10.3.11 Juniper Networks
10.3.11.1 Overview
10.3.11.2 Products/ Vertical
10.3.11.3 Strategy
10.3.11.4 Key Developments
10.3.12 Sophos, Ltd.
10.3.12.1 Overview
10.3.12.2 Products/ Vertical
10.3.12.3 Strategy
10.3.12.4 Key Developments
10.3.13 Fortinet, Inc.
10.3.13.1 Overview
10.3.13.2 Products/ Vertical
10.3.13.3 Strategy
10.3.13.4 Key Developments
10.3.14 WatchGuard Technologies
10.3.14.1 Overview
10.3.14.2 Products/ Vertical
10.3.14.3 Strategy
10.3.14.4 Key Developments
10.3.15 Dell Technologies
10.3.15.1 Overview
10.3.15.2 Products/ Vertical
10.3.15.3 Strategy
10.3.15.4 Key Developments
10.3.16 Huawei Technologies Co. Ltd
10.3.16.1 Overview
10.3.16.2 Products/ Vertical
10.3.16.3 Strategy
10.3.16.4 Key Developments
10.3.17 Sonicwall Inc.
10.3.17.1 Overview
10.3.17.2 Products/ Vertical
10.3.17.3 Strategy
10.3.17.4 Key Developments
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