Next Generation Firewall Market Size, Type Analysis, Application Analysis, End-Use, Industry Analysis, Regional Outlook, Competitive Strategies And Forecasts, 2023-2032

  • Report ID: ME_00125476
  • Format: Electronic (PDF)
  • Publish Type: Publish
  • Number of Pages: 250
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Market Snapshot

CAGR:7.03
2023
2032

Source: Market Expertz

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Study Period 2019-2032
Base Year 2023
Forcast Year 2023-2032
CAGR 7.03
Information & Technology-companies
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Report Overview

The Next Generation Firewall Market is projected to grow at a CAGR of 12.45% between 2022 and 2032. The market size is forecast to increase by USD 6,784.73 million during this period. The growth of the Next Generation Firewall Market is driven by the increasing need for advanced threat protection, the rise in cyberattacks, and the demand for secure network infrastructure.

Market Overview:

Drivers:

The Next Generation Firewall Market is experiencing growth due to the evolving threat landscape and the need for proactive security solutions. Next Generation Firewalls offer advanced features to detect and prevent sophisticated cyber threats.

Moreover, the growth of network complexity and the adoption of cloud services is driving market demand. Next Generation Firewalls provide visibility and control over network traffic, including cloud-based applications.

Trends:

The adoption of artificial intelligence (AI) and machine learning (ML) in Next Generation Firewalls is a prominent trend. AI and ML technologies enhance threat detection and automate security response.

Furthermore, the use of zero-trust security principles in Next Generation Firewall strategies is influencing the market. Zero-trust models focus on strict access controls and continuous authentication.

Restraints:

Challenges related to integration with existing security infrastructure can restrain market growth. Organizations must ensure that Next Generation Firewalls seamlessly integrate with other security tools.

Additionally, concerns about false positives and the impact on network performance can impact adoption. Next Generation Firewalls must provide accurate threat detection without causing disruptions.

Next Generation Firewall Market Segmentation by Component:

The Solution segment is expected to witness significant growth during the forecast period. Next Generation Firewall solutions provide advanced security features, including intrusion prevention, application control, and content filtering.

Next Generation Firewall Market Segmentation by Organization Size:

The Large Enterprises segment is anticipated to experience strong growth in the Next Generation Firewall Market. Large organizations require robust security solutions to protect complex networks.

Regional Overview:


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North America is expected to lead the global Next Generation Firewall Market, driven by the region's high cybersecurity awareness, stringent regulatory requirements, and the presence of technology-driven industries.

Moreover, the Europe region is projected to experience substantial growth as organizations prioritize cybersecurity investments and compliance with data protection regulations.

Next Generation Firewall Market Customer Landscape:

The report includes insights into the customer landscape, identifying industries and sectors that extensively use Next Generation Firewalls. It outlines customer preferences, such as threat prevention capabilities, scalability, and integration with security operations.

Major Next Generation Firewall Market Companies:

Companies in the Next Generation Firewall Market are adopting strategies such as partnerships, acquisitions, and continuous product innovation to strengthen their market position.

Sample companies in the Next Generation Firewall Market include:

  • Palo Alto Networks, Inc.
  • Fortinet, Inc.
  • Cisco Systems, Inc.
  • Check Point Software Technologies Ltd.
  • Juniper Networks, Inc.
  • Barracuda Networks, Inc.
  • SonicWall Inc.
  • Sophos Group plc
  • WatchGuard Technologies, Inc.
  • FireEye, Inc.

Segment Overview:

The Next Generation Firewall Market report provides revenue forecasts at global, regional, and country levels, analyzing trends and opportunities from 2019 to 2032.

  • Component Outlook (USD Million, 2019 - 2032)
    • Solution
    • Services
  • Organization Size Outlook (USD Million, 2019 - 2032)
    • Small and Medium Enterprises (SMEs)
    • Large Enterprises
  • Geography Outlook (USD Million, 2019 - 2032)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle East & Africa
      • UAE
      • South Africa
      • Rest of Middle East & Africa

TABLE OF CONTENTS: GLOBAL Next Generation Firewall MARKET

Chapter 1. MARKET SYNOPSIS

1.1. Market Definition   

1.2. Research Scope & Premise

1.3. Methodology

1.4. Market Estimation Technique

Chapter 2. EXECUTIVE SUMMARY

2.1. Summary Snapshot, 2016 – 2027

Chapter 3. INDICATIVE METRICS

3.1. Macro Indicators

Chapter 4. Next Generation Firewall MARKET SEGMENTATION & IMPACT ANALYSIS

4.1. Next Generation Firewall Segmentation Analysis

4.2. Industrial Outlook

4.3. Price Trend Analysis

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

    4.5.1. Power Of Suppliers

    4.5.2. Power Of Buyers

    4.5.3. Threat Of Substitutes

    4.5.4. Threat Of New Entrants

    4.5.5. Competitive Rivalry

Chapter 5. Next Generation Firewall MARKET BY Size of enterprise landscape

SIGHTS & TRENDS                                                               

5.1. Segment 1 Dynamics & Market Share, 2019 & 2027

5.2 Small and Medium Enterprises (SMEs)

    5.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

5.3 Large Enterprises

    5.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    5.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 6. Next Generation Firewall MARKET BY solution INSIGHTS & TRENDS

6.1. Segment 2 Dynamics & Market Share, 2019 & 2027

6.2 Cloud-Based

    6.2.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.2.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

6.3 Hardware

    6.3.1. Market Estimates And Forecast, 2016 – 2027 (USD Million)

    6.3.2. Market Estimates And Forecast, By Region, 2016 – 2027 (USD Million)

Chapter 7. Next Generation Firewall MARKET REGIONAL OUTLOOK

7.1. Next Generation Firewall Market Share By Region, 2019 & 2027

7.2. NORTH AMERICA

    7.2.1. North America Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.2. North America Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.3. North America Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.4. North America Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.5. U.S.

    7.2.5.1. U.S. Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.5.2. U.S. Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.5.3. U.S. Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.5.4. U.S. Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.2.6. CANADA

    7.2.6.1. Canada Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.2.6.2. Canada Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.2.6.3. Canada Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.2.6.4. Canada Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3. EUROPE

    7.3.1. Europe Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.2. Europe Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.3. Europe Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.4. Europe Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.5. GERMANY

    7.3.5.1. Germany Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.5.2. Germany Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.5.3. Germany Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.5.4. Germany Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.6. FRANCE

    7.3.6.1. France Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.6.2. France Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.6.3. France Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.6.4. France Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.3.7. U.K.

    7.3.7.1. U.K. Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.3.7.2. U.K. Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.3.7.3. U.K. Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.3.7.4. U.K. Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4. ASIA-PACIFIC

    7.4.1. Asia Pacific Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.2. Asia Pacific Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.3. Asia Pacific Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.4. Asia Pacific Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

 7.4.5. CHINA

     7.4.5.1. China Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.5.2. China Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.5.3. China Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.5.4. China Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.6. INDIA

     7.4.6.1. India Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.6.2. India Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.6.3. India Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

     7.4.6.4. India Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.7. JAPAN

     7.4.7.1. Japan Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

     7.4.7.2. Japan Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.4.7.3. Japan Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.7.4. Japan Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.4.8. AUSTRALIA

    7.4.8.1. Australia Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.4.8.2. Australia Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

     7.4.8.3. Australia Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.4.8.4. Australia Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.5. MIDDLE EAST AND AFRICA (MEA)

    7.5.1. Mea Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.5.2. Mea Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.5.3. Mea Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.5.4. Mea Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

7.6. LATIN AMERICA

     7.6.1. Latin America Next Generation Firewall Market Estimates And Forecast, 2016 – 2027, (USD Million)

    7.6.2. Latin America Next Generation Firewall Market Estimates And Forecast By Segment 1, 2016 –2027, (USD Million)

    7.6.3. Latin America Next Generation Firewall Market Estimates And Forecast By Segment 2, 2016 –2027, (USD Million)

    7.6.4. Latin America Next Generation Firewall Market Estimates And Forecast By Production Process, 2016 –2027, (USD Million)

    7.6.5. Latin America Next Generation Firewall Market Estimates And Forecast By Segment 3, 2016 –2027, (USD Million)

Chapter 8. COMPETITIVE LANDSCAPE

8.1. Market Share By Manufacturers

8.2. Strategic Benchmarking

    8.2.1. New Product Launches

    8.2.2. Investment & Expansion

    8.2.3. Acquisitions

    8.2.4. Partnerships, Agreement, Mergers, Joint-Ventures

8.3. Vendor Landscape

     8.3.1. North American Suppliers

     8.3.2. European Suppliers

     8.3.3. Asia-Pacific Suppliers

     8.3.4. Rest Of The World Suppliers

Chapter 9. COMPANY PROFILES

9.1 Juniper Networks Inc

    9.1.1. Company Overview

    9.1.2. Financial Performance

    9.1.3. Product Insights

    9.1.4. Strategic Initiatives

9.2 Dell Technologies

    9.2.1. Company Overview

    9.2.2. Financial Performance

    9.2.3. Product Insights

    9.2.4. Strategic Initiatives

9.3 Huawei Technologies Co. Ltd

    9.3.1. Company Overview

    9.3.2. Financial Performance

    9.3.3. Product Insights

    9.3.4. Strategic Initiatives

9.4 Palo Alto Networks

    9.4.1. Company Overview

    9.4.2. Financial Performance

    9.4.3. Product Insights

    9.4.4. Strategic Initiatives

9.5 Check Point Software Technologies Ltd

    9.5.1. Company Overview

    9.5.2. Financial Performance

    9.5.3. Product Insights

    9.5.4. Strategic Initiatives

9.6 Company 6

    9.6.1. Company Overview

    9.6.2. Financial Performance

    9.6.3. Product Insights

    9.6.4. Strategic Initiatives

9.7 Company 7

   9.7.1. Company Overview

    9.7.2. Financial Performance

    9.7.3. Product Insights

    9.7.4. Strategic Initiatives

9.8 Company 8

    9.8.1. Company Overview

    9.8.2. Financial Performance

    9.8.3. Product Insights

    9.8.4. Strategic Initiatives

9.9 Company 9

    9.9.1. Company Overview

    9.9.2. Financial Performance

    9.9.3. Product Insights

    9.9.4. Strategic Initiatives

9.10 Company 10

    9.10.1. Company Overview

    9.10.2. Financial Performance

    9.10.3. Product Insights

    9.10.4. Strategic Initiatives

RESEARCH METHODOLOGY

A research methodology is a systematic approach for assessing or conducting a market study. Researchers tend to draw on a variety of both qualitative and quantitative study methods, inclusive of investigations, survey, secondary data and market observation.

Such plans can focus on classifying the products offered by leading market players or simply use statistical models to interpret observations or test hypotheses. While some methods aim for a detailed description of the factors behind an observation, others present the context of the current market scenario.

Now let’s take a closer look at the research methods here.

Secondary Research Model

Extensive data is obtained and cumulated on a substantial basis during the inception phase of the research process. The data accumulated is consistently filtered through validation from the in-house database, paid sources as well reputable industry magazines. A robust research study requires an understanding of the overall value chain. Annual reports and financials of industry players are studied thoroughly to have a comprehensive idea of the market taxonomy.

Primary Insights

Post conglomeration of the data obtained through secondary research; a validation process is initiated to verify the numbers or figures. This process is usually performed by having a detailed discussion with the industry experts.

However, we do not restrict our primary interviews only to the industry leaders. Our team covers the entire value chain while verifying the data. A significant number of raw material suppliers, local manufacturers, distributors, and stakeholders are interviewed to make our findings authentic. The current trends which include the drivers, restraints, and opportunities are also derived through the primary research process.

Market Estimation

The market estimation is conducted by analyzing the data collected through both secondary and primary research. This process involves market breakdown, bottom-up and top- down approach.

Moreover, while forecasting the market a comprehensive statistical time series model is designed for each market. Macroeconomic indicators are considered to understand the current trends of the market. Each data point is verified by the process of data triangulation method to arrive at the final market estimates.

Final Presentation

The penultimate process results in a holistic research report. The study equips key industry players to undertake significant strategic decisions through the findings. The report encompasses detailed market information. Graphical representations of the current market trends are also made available in order to make the study highly comprehensible for the reader.

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